Brilliant rug pull is the SEC delaying the ETF approvals indefinitely. Just the announcement would rug.

I don’t expect it to happen but kind of do expect it to happen.

Not many ways to manipulate the price down & this would clean out leveraged long speculators as well so Gensler could sleep at night as he’s “doing something good” for the market.

Don’t play with leverage folks. Temptation is strong, no doubt, but it’s the quickest way to lose ur hard earned stack.

Reply to this note

Please Login to reply.

Discussion

When is the announcement?

Expected positive in early Jan. Almost 100% of people think that. All the news states that.

Whenever I see EVERYONE agreeing on something my spidey senses go off.

My brother ran a gambling book way back in the day. College etc. Any gang bets, or consensus bets he usually held himself to take the other side. He won a lot.

I can see that. Bitcoin DGAF

Right. People underestimate the possibility of this happening. But In 5 years this whole ETF saga will be a blip on the price chart. Think long term and HODL.

I only think long term. No leverage. Stack, HODL.

Won’t impact me either way.