Subnostr

Replying to

BTC-BACKPACKER

Thoughts on Blackrock ETF approval?

______________________________________

#Bitcoin #Motivation #DCA #HODLSOCIETY #HODL #Crypto #CryptocurrencyMarket #sats #stacksats

______________________________________

Majere 2y ago

It’s an eventuality & will help “legitimize” #bitcoin in the minds of normal people.

Will cause an increase of people to claim they “own” bitcoin because it will be packaged in a way they understand and are comfortable with.

Change & learning new tricks isn’t something the greater population of 1st world countries are fans of.

I’m my opinion it is the relative luxury and status as financial superpowers that will keep many in the 1st world from rising above their current socioeconomic stations.

Struggle and hardship seem to breed the most dedicated bitcoiners.

Sorry got a bit off topic.

#plebchain

#blackrock

Reply to this note

Please Login to reply.

Discussion

BTC-BACKPACKER 2y ago

Let's goo!!! I loved it.

Do you think it's getting approved on the second ?

Majere 2y ago

Fuck no

BTC-BACKPACKER 2y ago

Hahah you sound very for sure... I like it ..should I just be DCA into the market or drop 3k in right now ?

Majere 2y ago

I’m never gonna tell someone what to do with their money, fiat or otherwise. Do what you do.

I’m confident in my opinion because they have delayed every other ETF except Blackrock so far.

They will probably delay until their hand is forced or post hearing with Grayscale after yesterdays court ruling.

Will allow them to either use precedent to deny the applications or act like they have no choice and are following the law.

With the current sentiment that the SEC is regulating by enforcement this hearing has allowed them to save face.

Appreciate the follow mate

BTC-BACKPACKER 2y ago

I got you . Thanks man 😊

Majere 2y ago

Wish I had $3k to do whatever with lol

BTC-BACKPACKER 2y ago

Honestly I know it's not financial advice I just DCA 100 bucks a week and have a bunch of cash in the side..am wondering if I should just continue to DCA or if the price is going lower... 🤔

Majere 2y ago

I think the deeper down the rabbit hole you to the less you care about the price dropping or raising.

I put $100-$200 a week into it as well.

But it is nice when you get more sats for your buck.

BTC-BACKPACKER 2y ago

I've been working a lot of side jobs to get that haha just don't know what to do with it...all in or just continue to DCA I dunno what the price is going to be , I'd like to get in at 22K or something but don't know if that's going to happen.