Quote:
Originally Posted by jscott
Halving + spot BTC ETF approval will lead to supply shock da world, sucks institutions will force own a huge % of BTC but it was inevitable, do your best and DON'T sellout to Blackrock!!
|
First, I think the US Market will accept Blackrock's ETF for BTC. Also, it is interesting all that with CZ and Binance which are held in the USA.
Binance is one of the best and biggest crypto exchanges. If u want to have ETF BTC u must OWN BTC, so u must buy it from somewhere. I don't think Blackrock will leave it at the exchanges and I think that they had bought BTC when it was in low price.
So u must also have rules (and control) to the biggest exchange, that's why I think all that with CZ and Binance took place last months.
The crypto world is crazy and without rules, if they want this market the big heads want to put rules and of course to have control of that.
For me just hold and keep any crypto, waiting next bull run where all coins will catch again ATH I think, after that if u want sell them or keep them for next ATH ;)
This is my thoughts and I think I will sell some Altcoins and keep BTC and ETH for the future.