[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 166 KB, 345x345, village.png [View same] [iqdb] [saucenao] [google]
57270679 No.57270679 [Reply] [Original]

and cause a god candle. HAHAHAAHAHAHAHA losers

>> No.57270697

>>57270679
lmao, I remember reading twitter and seeing everyone talk about the god candles, instead you get a 2% pump followed by dump

>> No.57271000

>>57270679
It did cause a god candle and then the price corrected itself. All the paper handed normans got scared and sold.

>> No.57271018

>>57270679
Good afternoon ser

>> No.57271239
File: 9 KB, 313x415, poojeet.png [View same] [iqdb] [saucenao] [google]
57271239

>>57270679
ETFs are good for crypto both fundamentally and technically.

>> No.57272214
File: 6 KB, 293x283, GDkcbVYbUAAytTq.png [View same] [iqdb] [saucenao] [google]
57272214

>>57270679
They are. Gold price went down the first week of it's ETF After two weeks it moonshotted and never came back down.

This is just people selling the 25 Billion of GBTC private Fund to buy into the ETFS with lower administration cost. GBTC was sold and the ETFS have T+1 days to settle.

>> No.57272290
File: 265 KB, 1200x866, Gold ETF.jpg [View same] [iqdb] [saucenao] [google]
57272290

>>57272214
>Gold price went down the first week of it's ETF After two weeks it moonshotted and never came back down

>> No.57272314

>>57272214
So is it better to own the coin or the ETF? That's why it isn't like gold.

>> No.57272341

It unironically is incredibly bullish for BTC and you idiots are showing how new you are by giving a fuck about a ~5% pump/dump in the first 48 hours. Think about the company that you're keeping right now with those piling on to fud - jeets, nocoiners, boomers, etc. You're like little rabid third world animals frothing at the mouth with glee. I'm not going to tell you to buy and hold because you don't deserve to make it. Sell it all, wait for 15k, buy back in.

>> No.57272348

>>57272314
better to own the coin, but you can't in retirement accounts and pension funds. That's why the ETF.

>> No.57272368

>>57272314
are you a boomer? etf
are you under 40 and not retarded? cold storage
are you under 40 and plan on holding for decades? etf in your retirement accounts
are you under 40 and worried about having to leave the country in the next 10 years? cold storage

>> No.57272386

>>57272341
This. The state of this board is absolutely embarrassing right now. These people have been in crypto for a year or less.

>> No.57272459

>>57272214
ETFs are T + 2 anon

>> No.57272485

>>57272459
The iShares prospectus specifies that the settlement deadline is on the calendar day immediately following the day the Trade Credit was extended, or the next business day if it’s not a business day. This suggests a T+1 settlement cycle (Trade Date plus one business day) for the ETF transactions, quicker than the standard T+2 settlement cycle for many securities.