Malta
BITCOIN NEXT BULL RUN CAN BRING OVER 10,000% - CryptoManiac101As we have seen with Gold and as many of you have seen charts of ETF comparison of GOLD vs BITCOIN, I just wanted to again point out that although GOLD and BITCOIN are completely two different things that have almost no direct relation to each other besides similar movement, exponential rise is almost certain to come after ETF goes through. Also do not look at Winklevoss Twins with their ETF proposal. Did you really think that SEC would grant it to them ahead of CBOE or any other high profile organization? That's going to be a NO. Just look at the FUD it brought with major outlets spreading fake news and many investors catching those news and exiting the market.
Just quick side note... With or without ETF, Bitcoin will continue growth... If your argument is that ETF will result in more institutions investing, you're right, but current situation does not prevent them from entering. All I am saying is that ETF is not everything in this market. Even if by some unknown force it get's rejected, Bitcoin will experience only a short term drop followed by further rally.
We had no issues doing multiple x's in 2017 or in prior years. Yeah, market capture was much lower but current market investments are still very low.
Personal thought... ETF will go through this year, I do not see why government would not let it go through... this is right time and if some of you will argue that market is not mature yet, then I'd say that it will most likely never be mature to the point where we will see same volatility levels as in stock market. After all, don't think that one guy behind a computer in Asia created start to world economy. It's sounds like great story, but let's be realistic for a second.
To conclude I would like to say that what you don't see today, will become clear tomorrow.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.