SEC approves the first Bitcoin spot ETF

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Sensorei

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Maybe Im wrong but Im sure I heard over the news that this was fake. Ill go google a bit..

EDIT: seems it was fake but might be approved… my bad
 
If I go to sleep now and wake up in the morning do you think Bitcoin would have gone up some? Or go down?
 
@Olorin

Best thing for you would be to skip sleep tonight as well as tomorrow night.

Your future of financial independence might depend on it - who knows ...
 
Olorin said:
If I go to sleep now and wake up in the morning do you think Bitcoin would have gone up some? Or go down?
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Bitcoin's hype is over for now. The ETF launch was already priced. The cycle is always pretty mich the same. Money rotates from BTC to ETH and then other major altcoins, then the low cap shǐtcoins. ETH's ETF is next, so that's where the hype train is moving.
 
Not selling, keeping my BTC for 2035 to go on a ocean cruise for 6 months with the wife
 
My BTC has climbed R2k since I bought yesterday. Show me a bank that can give you that and I will show you a rooster with golden balls
 
UB40 said:
My BTC has climbed R2k since I bought yesterday. Show me a bank that can give you that and I will show you a rooster with golden balls
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But you could have bought any other coin and made more money. In my watch list of ±30 cryptos BTC has done the worst in the last 24 hours. It's always buy the rumour, sell the news in crypto.
 
Sensorei said:
But you could have bought any other coin and made more money. In my watch list of ±30 cryptos BTC has done the worst in the last 24 hours. It's always buy the rumour, sell the news in crypto.
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I have 301 Cardano coins that I bought a few months ago for R4.90 each, they're almost tripled in value since then. I buy BTC for the long haul, 90% of my crypto is BTC, the other stuff is just a hobby
 
I kept telling myself early this morning when bitcoin reached R903K that I should sell. And then wait until when I wake up, because the price probably would have dropped by R20000, so I can put my money back in. And look what happened. A part of me was thinking Bitcoin was going to pump to much higher levels and I should have trusted my gut.

I put in R160K worth of bitcoin 2 weeks ago and I'm up 10% +- so I'm quite happy with the gains so far. But I've noticed a few times where immediately after bitcoin shot up a $2000 that it then rebounds back by that same or similar amount.
 
Sensorei said:
But you could have bought any other coin and made more money. In my watch list of ±30 cryptos BTC has done the worst in the last 24 hours. It's always buy the rumour, sell the news in crypto.
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Had I put my money in ETM I would have been up over 20% in one day. But who knew.
 
Sensorei said:
Bitcoin's hype is over for now. The ETF launch was already priced. The cycle is always pretty mich the same. Money rotates from BTC to ETH and then other major altcoins, then the low cap shǐtcoins. ETH's ETF is next, so that's where the hype train is moving.
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Wouldn't the real test be later today? The potential inflows of cash into bitcoin could be massive. Or are you expecting a correction?
 
So all the big boy portfolio managers and pension funds, with of trillions of dollars to play with, will starting buying up bitcoin. What does this mean to the small guy?
 
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