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241  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: May 05, 2024, 01:44:23 PM
.....
I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.
....
However I think you shouldn't regret it if you want to invest now personally you can start because Bitcoin is going to leave $100k in the near future.
Yes, OP shouldn't have regrets, no use thinking about what happened in the past, focus on the present now. OP if you want to invest you can still invest, there is still plenty of time to invest. Because Bitcoin will not stop here and will grow much more in the future. Many have speculated that Bitcoin may surpass 100k in the upcoming bull run. So if you invest now and hold for a long time, you can earn much more profit.

He should regret it and see it as motivation to find a way to fix it, not just regret it and do nothing . Although the price of bitcoin is quite high, if we look at the long term , looking at big goals, we are still very early to invest in bitcoin , it is not too late to invest in bitcoin . The OP or anyone else who missed out on bitcoin in the past still has a chance to correct that mistake. But the important thing is do they really realize their mistakes and want to correct them ? Or are they just looking for an excuse to cover up their timidity and not daring to take risks?

The $100k target is just a short-term target during this bull season , but if OP can hold for the long term over the next 5 or 10 years, bitcoin could even reach $1 million.
242  Economy / Trading Discussion / Re: What ways can a trader raise money? on: May 05, 2024, 01:18:00 PM
Even if you have knowledge about trading does not mean you will profit from it without losing . So for me, anyone who wants to become a professional trader and be able to make money in the market . The first thing they need is experience and must go through many losses to learn the most practical lessons because theory alone is not enough to win in trading . Therefore, people with no source of income or low income should stay away from trading, and should not intend to become traders if they do not have enough money to lose . I have not seen any professional trader who has never lost money and can make money right from the first trades.
243  Economy / Trading Discussion / Re: Invest To Learning First on: May 05, 2024, 01:08:38 PM
Investing will never be risk free and finding 100% sure investments is pretty unlikely. But it does not mean that all investment opportunities are sketchy. Actually if you look and study carefully, you can find low risk investments that are established and very good for investments. Then as you learn more about how the market works, you can start learning about taking on high risk investments that might give you bigger rewards.

It's really important to figure out how much an asset is worth and look at its history before you invest in it. This can give you a good idea of what might happen in the future. Also, getting help from outside experts, like consultants, can be really useful. They can help you make smart decisions, save money, and understand how to invest better. If you're interested, I can suggest this place for outsourcing help: https://theremotegroup.com/
Sometimes investing goes beyond just putting your funds in an asset or a platform or even a commodity or service but understanding what exactly you are investing in and how long such should take to turn out profitable and knowing when best to invest and when not to aswell as when to take profit too because some persons have actually invested but because they have little to no knowledge in what they did, they eventually get to loose funds investing a d such is not a good investment pattern as it will discouraged such person from ever further wanting to ever invest again.

Seeking expert help via consultation is actually a very brilliant idea so you don't invest in a fraudulent schemes that will make away with your funds and you get to loose instead of profiting as expected of an investment, knowledge is the key factor before investing so you don't loose while investing.


For me , I would call it gambling if someone invests without doing any prior research or even without having basic knowledge about the field they invest in. And I agree with what you said, for example bitcoin is a potential asset but if we do not have knowledge , we blindly buy at the ATH price, it will not benefit us. Our ignorance and buying bitcoin at ATH only makes us a liquidity pool for others . Bitcoin is a potential investment but to be able to profit from it , we need to know when to buy and when to sell, and to do that we need knowledge.

But in my opinion , if someone is really passionate about investing , they can learn for themselves because everything is free on the internet , no need to go to an expert . What matters is whether we are really serious or we are just greedy and want to get rich quickly .
244  Economy / Speculation / Re: Is Hong Kong Bitcoin ETF Responsible for Recent Bear on: May 05, 2024, 12:47:43 PM
Quote
Is Hong Kong Bitcoin ETF Responsible for Recent Bear
Maybe it's just a coincidence and I personally don't think much of it. Why do we always have to run around every time bitcoin corrects and see what causes it? And if we know the cause, what will we do next? Personally, I think it's very simple, cryptocurrency is also a financial market and increases and decreases are very normal in the market. Bitcoin has risen so much and a correction is inevitable, why are we trying to make things more complicated? You cannot expect bitcoin to rise and rise, and only rise without correction.

It has become a habit to know what causes the decline in the price of Bitcoin at any given time, that is part of what must be considered as a fundamental before you invest. I know some investors don't think about it as much as they could, but others need it to support subsequent analysis to know where the price is going.

If the reason for the decline is considered very negative and has the potential to impact the possibility of the price falling, then they will prepare to sell or place a buy order at a price that is more likely to be achieved during a correction. The reason for the price drop is important, so don't blame those who want to shop around for information about it.

Perhaps everyone's investment mindset is different, and I also admit that knowing the cause of price drops to react promptly is not too bad. But with a market full of manipulation and mixed real and fake news like cryptocurrency, I think we should limit monitoring too much because sometimes it will cause us to make wrong decisions. Just like the recent news surrounding the Iran and Israel war, real news and fake news are intertwined and those who bought bitcoin probably regretted it afterward.

I think if we invest for the long term, we should ignore Fud and negative news because market makers will use the news as a legitimate excuse to manipulate the market to scare us and sell cheap bitcoin to them. News is the perfect tool that whales use to manipulate market sentiment.
245  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 05, 2024, 09:13:34 AM
Quote
Chelsea are ready to add to the ranks of wonderkids by launching a €55 million offer
for Palmeiras forward Estevao, who is regarded as one of the most promising players in world football.

https://www.footballtransfers.com/en/transfer-news/uk-premier-league/2024/05/chelsea-transfer-news-estevao-bid

Here you go again. another player who is being compared to the best player in the world before he is even 18. I think this actually causes the player to be under a lot of pressure from the start of his career. The way Chelsea is performing right now it is already not good. They are probably performing their worst at this time which at least I have not seen them doing in the last five or six years.

So even if he is a really good player, how he is going to perform when he goes to Chelsea is a big question for almost everyone. I think it is better if they do not put such a burden on any young player like that from such an early stage of his career. Let him actually show some good potential against big opponents and then I think we could say something like that. But we are definitely expecting good future for this kid
246  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: May 04, 2024, 04:49:27 PM
The game Bayern Munich saw in today's match was really weak, they lacked their play and couldn't attack strongly. In today's match vfb stuttgart played a great game at their home ground due to which they won by 3-1 and they managed to get three points in the points table. As Bayern Munich is currently in the second position of the points table, if they don't win the next match they will surely lose their place. And in the next match vfb stuttgart will have a chance to occupy the second position if they can attack well then they will be successful in competing with Bayern Munich. Leverkusen is currently in the best form in the German Bundesliga and has been the best unbeaten team so far. And this season we can do ourselves that Leverkusen will be successful in taking the trophy but Bayan Munich will probably be in a much worse position this season as they have lost the title race and cannot compete with the top ranked teams. But we can hope that Bayern Munich might come back strong next season and then they will field a star team good enough to win the championship.

I really hope that Bayern Munich will be able to win the Champions League match that is coming up against Real Madrid. Because there is no other way they will actually be able to justify this kind of loss in the Bundesliga match. By the way, in this match, the performance from Bayern Munich was not good at all. Probably the only good thing that happened for them was Harry Kane scoring. Because Stuttgart dominated the whole match. I really think that they did not concentrate on this match at all because they had to win the match in the Champions League competition. So they are actually not giving 100% effort to win matches in the Bundesliga anymore. Even though Bayern Munich is under pressure from the teams that are below them, chances are that Bayern Munich is going to still finish in the second position in the Bundesliga. And if they actually win the Champions League competition, even if they just finish in the third position in the Bundesliga, it is probably not going to matter too much. But I don’t think many people actually believe that they are going to win the Champions League title. I personally don’t think they will even go to the finals. But let’s see what happens.
247  Economy / Trading Discussion / Re: Meme coins signals group here on: May 04, 2024, 04:19:29 PM
If it's your group and you're looking to advertise here then I think you should give up on the idea because most of the people here are noobs. Investing in altcoins is not even encouraged on the forum, let alone lottery into meme projects with a capitalization of several tens of thousands of dollars.

If you are dreaming of getting rich quickly by investing in these scam projects, I think you will soon learn your lesson. I will not advise you to stop participating in them, but just want to tell you that you should only use the smallest amount of capital to invest in them. That can also be considered an interesting experience of this market.
248  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: May 04, 2024, 04:11:27 PM
Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.

Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.

In theory it is always easier to hold than to trade but in practice and in my opinion. Both methods have their pros and cons, and making money from bitcoin has never been easy. It sounds very easy, but being able to hold bitcoin until it becomes profitable takes several years or more, and as far as I can see, not too many people can do it. I don't find it as simple as you say.

In short, depending on each person's interests and abilities, choose the most suitable method of making money. Holding or trading, both are ways of making profits in the market and there are no bad methods only poor player skills.
249  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 04, 2024, 03:59:36 PM

Monza vs Lazio
odds- 4.15 vs 1.85

This is a really good chance for Lazio to actually give some competition for the fifth position of the table. Because they are going up against a team that does not have a single win in the last five matches. On the other hand, Lazio is performing really well. Lazio has four wins in the last five matches.

So I am expecting that this is going to be pretty easy for Lazio to actually win and get three points. if they are able to actually get three points from this match, they will be able to get to the sixth position and be only one point behind Roma. That is going to give Roma a good competition. But I still think that Roma will be able to hold onto the fifth position if they play well enough.
250  Economy / Economics / Re: How safe is it to keep your money and gold underground? on: May 04, 2024, 03:42:42 PM
Holding gold and hiding gold underground can be quite safe as the price of gold also increases over time so it can be a good investment asset. But even if you keep the money underground or in any safe place, the value of your money will decrease over time. Because the inflation rate of rupees is 5-12% every year. as a result, no matter how safe you keep your money, you will lose here. So you should always convert your money into a strong asset and keep it safe that may be underground too
Not all currencies will lose purchasing power by 5%-12% like your country's. Additionally, it is not so bad that we hold some fiat because it is still the main means of payment and we can use it in emergencies.

Let's not always use the excuse of inflation and completely rule out holding some fiat, fiat is still useful and important in certain cases. What I find funny is that many people invest in bitcoin and they are obsessed with the concept of limited supply, printing money...and from there they always talk about inflation, economic crisis...but they really know nothing about how the current economy works.

251  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 04, 2024, 01:56:43 AM
Back to Man City if Arsenal want to get a trophy, one of the things the Gunners are hoping for is in the Spurs vs Man City match but you have to see how Spurs have been traveling lately it shows a bad performance I'm not sure Spurs will win and in the end this will have Man City and it's a consecutive trophy for Pep Guardiola from 2020/21.

Even this will not be a waste for both of them to win continuously.
Arsenal have 3 more games tonight, Man City have one game left that's an important point for them, I don't think anyone misses even though in the end we never know what happens.
Tottenham Hotspur has the opportunity to become a stumbling block for Man City actually but unfortunately, their appearance has dropped drastically at the moment, so it is very likely that the match will completely belong to Man City because, in terms of performance, Tottenham is clearly far behind Man City which has been very consistent throughout this season.

Arsenal itself also still has a match that I think will be quite a tough battle, where they will play against Man United, and they will play as guests in this match. Man United may not seem to have consistent performance, but they often play well when playing with big teams.

Quote
Ange Postecoglou says he does not care about the questions being asked about Tottenham’s inability to defend securely from set pieces. The manager believes he will get it right. But he could not avoid another hail of them after his team slumped to a third defeat on the spin, their season in increasing danger of fizzling out. And it was some way from being Spurs’ only shortcoming.
Source: https://www.theguardian.com/football/article/2024/may/02/chelsea-tottenham-premier-league-match-report

I do not think Tottenham is actually finishing in the top four positions, to be honest. Because right now they are in the fifth position and even though they have played one match less compared to Aston Villa, they are seven points behind Aston Villa. Tottenham has not also been able to win in the last three matches as well. So they are not in good form right now. So on the basis of that, I think we can say that Tottenham is not finishing in the top four. The way Tottenham started the season, I thought they would actually be in competition for the English Premier League title. But I have to say they have fallen off big time. I Understand that they might not have the power or depth in the squad to still perform very consistently towards the end of the season. But that is not an excuse for them to perform badly.
252  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: May 03, 2024, 04:34:56 PM
I am not assuming anything, except that anyone investing into bitcoin has to have discretionary income if such persons are going to invest into bitcoin or anything else.  If such persons do not have discretionary income then they are gambling rather than investing, and I am not suggesting that anyone gambles.
This is what is happening now sir.. Lips sealed

Sure, a lot of people make mistakes at various times because they might be investing beyond their discretionary income, so then they may well get frustrated when the BTC price drops because they were hoping it to go up so that they could scalp off some profits.. which surely some times those techniques can work in favor of the person who is gambling, but surely it does not seem to be a good way to approach such a volatile asset like bitcoin tends to be.


Just on some other thread someone was angry about the fact that they said its better to invest with money that you can afford to lose or disposable income and this also came to heart, it's possible that must people that invest more than their disposable income normally have some high hopes for bitcoin and just invest some huge amount and they are not even ready for the reality that bitcoin is volatile and can also go low.

I believe that this advice is good to let people know that they is possibility to encounter loss in your bitcoin investment and its good to invest with what you may feel okay to lose, and moreover your investing long term that means you have enough time to accumulate bitcoin and using DCA you can just set an amount to invest on a regular basis.


This advice is not only useful for volatile assets like bitcoin but also for all other investments because everything has risk and we should not be too subjective. But honestly, I don't think many people would follow this advice even though they already know it by heart. Because everyone wants high returns and everyone wants to get rich quickly, I guess most people are still investing money they can't afford to lose.

Additionally, it is true that bitcoin is high risk due to its volatility, but I believe that as long as they are not investing with borrowed money, and can hold for the long term, taking on a little more risk is not is a very worrying thing. The most worrying thing is that many people are investing blindly with borrowed money, because in the long run bitcoin will definitely increase in price but no one knows exactly when.
253  Economy / Speculation / Re: Is Hong Kong Bitcoin ETF Responsible for Recent Bear on: May 03, 2024, 04:16:10 PM
Quote
Is Hong Kong Bitcoin ETF Responsible for Recent Bear
Maybe it's just a coincidence and I personally don't think much of it. Why do we always have to run around every time bitcoin corrects and see what causes it? And if we know the cause, what will we do next? Personally, I think it's very simple, cryptocurrency is also a financial market and increases and decreases are very normal in the market. Bitcoin has risen so much and a correction is inevitable, why are we trying to make things more complicated? You cannot expect bitcoin to rise and rise, and only rise without correction.
254  Bitcoin / Bitcoin Discussion / Re: Will the number of new investors reduce? on: May 03, 2024, 03:46:29 PM
I just experienced halving for the first time but I didn't ask about it Cheesy so I think there may be some people who have just experienced halving who ask about it but most of those who ask are those who really want to find rich momentum instantly not for the long term so that when halving occurs they will think that the price of bitcoin will accelerate quickly but in fact for now their initial expectations are not going well even though if you look at the current bitcoin movement it is still a bull run.

They do not have strong beliefs for the long term and only want to benefit quickly by utilizing the moment that occurs (in this case halving) which makes them always ask for an increase after halving even though when they are really sure about bitcoin I think they will be more relaxed because indeed their target is long-term.

Not all newbies or people who have never experienced the halving ask this, just some of them. And I agree with you that those people are looking for quick wealth from bitcoin but things are not going as they expected.

But I want to ask you, do you feel worried when bitcoin does not increase in price and even corrects after the halving? A lot of people are confused and depressed because bitcoin is correcting and many are even starting to predict bitcoin will drop to $50k. I guess people who fantasize about getting rich quick with bitcoin when the halving happens will be very disappointed and are selling their bitcoins.
It would be very naive in this situation to say that you are not worried especially seeing that the value of our portfolio is reduced from before (when we were at $71k) so there is clearly concern. But isn't this about belief? I once held back when buying bitcoin at a price of $50k in 2021 before it experienced a decline and i also felt like buying bitcoin at a price of $15k without caring and feeling worried about my previous purchase at $50k so that now i can still be said to have made a profit because I managed to buy at the price at range of $15k-$30k, even though now the price of bitcoin is $58k, I don't feel like I'm making a loss because I'm still making a profit from my previous purchase, so that worry can be reduced a little because even though at the moment the value of bitcoin is depreciating, the amount remains the same. and for the next few years it could be that prices like this are the lowest point during a decline so I don't worry any more because my goal is long term.

Bitcoin has experienced a rapid increase after being bearish last year so it is quite natural that in the end they will also have a correction and in fact this should not be a cause for panic because this could be a good momentum so that we can buy back bitcoin at a slightly cheaper price compared to previous price of $71k .

Thank you for your honest answer, I believe there is no one who is not worried about what is happening and those who say they are not worried at all are actually liars. I'm just like you, my investment is still profitable as my average purchase price is between 35k$-40k$ but with bitcoin going through a correction phase, I can't help but be worried. I'm worried because my goal is for bitcoin to reach $150k or more this bull season and we all know that bitcoin is unpredictable. History may or may not repeat itself, so every time bitcoin corrects, worry is inevitable.

But I still won't sell any bitcoin until I reach my goal. I continue to be optimistic even this month even though many became pessimistic when bitcoin corrected towards $56K. I expect us to hit $100K this year and $150K by Q1 2025.
255  Economy / Speculation / Re: BTC Sentiment Poll for May on: May 03, 2024, 03:33:42 PM
Almost every prediction about April was wrong because people were too optimistic about the halving and this time I believe people will start to get scared and lower their expectations instead of remaining bullish about the price increase this month. Personally, I don't believe in what the charts show because not only can we do technical analysis but market makers, whales can even create such things. I think how bitcoin will move is entirely dependent on crowd psychology.
If the crowd continues to be bullish, bitcoin's recovery and growth won't happen anytime soon, but if the crowd gradually starts to get scared and stops being bullish, that's when bitcoin will skyrocket.
People were really bullish about Bitcoin price speculation for the month of April, because they were thinking that the post halving will affect price positively, especially the newbies, but we're currently withnessing the opposite, this current dip will not give them the optimism to perhaps aim for anything close to seeing a price surge of up to $75k. I wouldn't speculate to seeing a price surge to that amount, but then this is the crypto market, it's the demand and supply of Bitcoin that'll make the final decision. We're entering bull season so I'm optimistic about price surge but I don't think that it'll start this month.

If you took the poll the OP created in April, you would have realized that not only the newbies but also the old ones were very optimistic and confident about the bull market in april. Don't just blame the newbies, most of us predicted the market wrong in the past month.

For me, in the market there are not only retail investors like us but also funds, whales, sharks, market makers...So whether people are optimistic or pessimistic will not determine the market's trend. Another thing you need to know is that the crowd is very fickle, just one pump will make everyone optimistic again and forget all the previous negativity. So just because people are no longer optimistic doesn't mean bitcoin won't increase in price. Similarly, everyone's optimism did not cause bitcoin to increase in price in April. I still believe and hope bitcoin will rise again this may, even though everyone is becoming pessimistic including you.
256  Economy / Trading Discussion / Re: Is there strategy to make profit daily future trade on: May 02, 2024, 03:54:00 PM
I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
you can do whatever you want. but you have to pay attention to your knowledge, skills, and experience if you want to day trade.
What you also need to know is that in trading there are also losses, and not all traders can manage their risk of loss in every trade.
especially if you rely heavily on signals, it shows that you don't know much and don't have experience in trading.
My advice is to leave the signals and focus on developing your trading skills. Nowadays you probably spend a lot of your time and money learning to trade. but it will be more meaningful than rushing to make a profit by following the signal. you won't have anything to be proud of.
There will be no more valuable and helpful advice than letting him experience things for himself . I agree with you , he can do whatever he wants and can consider it an experience on his investment path.

According to what he said , I believe that OP is just a newbie and not someone with a deep understanding of the market like what he said. Because a person with good knowledge will not rely on trading signals and will not naively think that making money from futures trading is easy. What OP needs right now is experience, not thousands of tips from us.
257  Bitcoin / Bitcoin Discussion / Re: Don't invest in Bitcoin because others are investing in Bitcoin on: May 02, 2024, 03:45:23 PM
In general, I agree someone shouldn't only riding the wave without any knowledge.

Because they need to learn about the reason they want to invest in Bitcoin except the price, non custodial wallet, how to backup their seed phrase, choosing CEX or DEX and basic computer security.

But if someone buy Bitcoin without learn anything, it's still a good choice if they didn't panic sell and can hold for long term. The biggest mistake that did by Average Joe is sell the coins when it doesn't move like what they expect.

If they don't have the knowledge and invest in bitcoin by Fomo, how can they stop panicking, stop dumping and hold for a long time? Even if a bear market hits in 2022 and bitcoin is dumped from $69k to $15k, many long-time investors will still feel a bit panicked. So you can't expect investors without any knowledge to hold on to their bitcoins tight and not dump them in a panic.

You are confident and can hold bitcoin today thanks to your understanding of bitcoin, but if you do not have knowledge about it. I bet you will soon be selling bitcoins in a panic, let alone everyone else. No success or wealth will come to you if you have an empty head, don't think that you can get rich with bitcoin without knowledge.
258  Economy / Speculation / Re: BTC Sentiment Poll for May on: May 02, 2024, 03:03:05 PM
Almost every prediction about April was wrong because people were too optimistic about the halving and this time I believe people will start to get scared and lower their expectations instead of remaining bullish about the price increase this month. Personally, I don't believe in what the charts show because not only can we do technical analysis but market makers, whales can even create such things. I think how bitcoin will move is entirely dependent on crowd psychology.
If the crowd continues to be bullish, bitcoin's recovery and growth won't happen anytime soon, but if the crowd gradually starts to get scared and stops being bullish, that's when bitcoin will skyrocket.
259  Economy / Speculation / Re: Now is the best time to buy the dip and HODL on: May 02, 2024, 02:54:33 PM


Btc price has dip below 60k, and most investors who may be wondering when best to buy the dip I think now is the time to buy the dip. it may not dip below this anymore. I know it fell to $56k but I urge people to buy more now before it rise again.

There’s always a possibility that it will go down below, I mean way below so don’t limit your expectations to the current low price and always expect the worst. I’m saying this to avoid newbie traders on committing all-in on current price just use DCA whenever the price dip to have an average entry price.

Every dip is a perfect opportunity to purchase and hold so don’t get excited and limit yourself thinking that the price will not go down because you might experience sever loss in case you buy now while the price slide down and stay low for a long time compared when you DCA to purchase in every dip.

But the current price is one of the best time to purchase some for holding purposes.

But you also have no evidence that bitcoin will continue to fall deeper , and the opposite also happens, this is the bottom for this correction ,  all possibilities are possible . Don't get too greedy or too scared when you see bitcoin correcting and thinking it could correct more .

But I agree with you that it's best for us to use the DCA strategy . But there's also nothing wrong with someone wanting to buy all their coins at the current price, and they won't lose money even if bitcoin corrects more. As we often say to each other , 1BTC=1BTC , as long as they don't sell their bitcoins they won't lose anything. Many people are willing to buy bitcoin at $73k , so there is no reason for us to be afraid to buy bitcoin at this price.
260  Economy / Speculation / Re: Are USA's and China's ETFs "creating BTC from thing air"? on: May 02, 2024, 02:41:14 PM
No they aren’t created out of thin air, they are not synthetic shares. If someone buys like $1M worth of bitcoin, the etf then needs to buy those bitcoins thru their custody which is most likely coinbase and those $1M is taken out of circulation and held in trust by coinbase for blackrock.

Nothing is printed out of thin air here. They need to update their etf holdings everyday and you can see how much bitcoin they hold exactly. For the first 3 months or so the flows have been positive but lately they are flat or negative.

You have a point there . If I remember correctly, before the ETF was approved, blockrock also chose coinbase as a partner to provide cryptocurrency services to their investors. Additionally, bitcoin ETFs buy and sell bitcoins , and the data is reported daily, so it wouldn't be unreasonable to say they don't own real bitcoins and print them out of thin air.

I believe we are all watching the money flows from ETFs every day but it's funny how many people start to doubt without any proof. Hopefully those who like to doubt others will not print evidence out of thin air to incriminate bitcoin ETFs  Grin Grin.

https://www.investopedia.com/blackrock-partners-with-coinbase-6363233
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