bjunjo on Nostr: Next crypto bubble scenario: Bitcoin ETF-driven premiums will cause people to get ...
Next crypto bubble scenario: Bitcoin ETF-driven premiums will cause people to get FOMO and eventually go broke.
The launch of a Bitcoin ETF will drive up the price of altcoins and BTC ETFs, even if the actual price of Bitcoin doesn't increase significantly.
Think about the huge GBTC premium in 2020-21. Now it's a -30% discount.
Don't get too excited about BTC ETFs, just buy BTC.
If government regulations force you to buy an ETF, research Saylor's MSTR - it has the potential to outperform all Bitcoin spot ETFs in the future.
The launch of a Bitcoin ETF will drive up the price of altcoins and BTC ETFs, even if the actual price of Bitcoin doesn't increase significantly.
Think about the huge GBTC premium in 2020-21. Now it's a -30% discount.
Don't get too excited about BTC ETFs, just buy BTC.
If government regulations force you to buy an ETF, research Saylor's MSTR - it has the potential to outperform all Bitcoin spot ETFs in the future.