[2017-03-04] Investment Blogger Explains Why He Won’t Buy Into A Bitcoin ETF Any

[rytyr]

Investment Blogger Explains Why He Won’t Buy Into A Bitcoin ETF Any Time Soon
Matt Thalman, a blogger for ino.com, a market trader website, does not intend to invest in bitcoin if a bitcoin ETF is approved in the near future, according to a recent blog post. He views bitcoin as still too new to invest in.
The Securities and Exchange Commission is soon expected to decide of the Winklevoss ETF, the first bitcoin ETF to file for approval in 2013. Since then, SolidX and Grayscale Investments have applied for bitcoin ETFs.
Article

[1Referee]

Too new to invest in? In this article he also puts out an advice to investors to stay on the side lines for at least one year before investing in this ETF, LOL! Ignorance from the highest levels, and it also explains how people like this investment blogger always end up scooping up crumbs of bread instead of complete loaves. It shows that this "investment blogger" doesn't realize how much future potential growth Bitcoin has, and thus that the price will continue to increase as demand goes through the roof.

[cr1776]

Too new to invest in? In this article he also puts out an advice to investors to stay on the side lines for at least one year before investing in this ETF, LOL! Ignorance from the highest levels, and it also explains how people like this investment blogger always end up scooping up crumbs of bread instead of complete loaves. It shows that this "investment blogger" doesn't realize how much future potential growth Bitcoin has, and thus that the price will continue to increase as demand goes through the roof.

I thought the same thing.

This type of investment blogger is the kind who would be recommending BAC et al soon (at 25.xx) and said to wait on the sidelines since it went from 7 (when Buffett invested, or earlier at 3) until now.

[barbarah]

Why a need to let people know you won't be a part of it.
Only for FUD reasons I would think.

[cr1776]

Why a need to let people know you won't be a part of it.
Only for FUD reasons I would think.

Clickbait.  Since he is an "investment blogger" it sounds more like he is a blogger who knows little.

[veleten]

one could have stopped reading after "He views bitcoin as still too new to invest in." part
this speaks volumes about his qualification as an investor or a blogger

then comes this "only the market, not a government or individual, controls the value of bitcoins.

However, Thalman, like others, points out that the same feature applies to gold."

he,probably,has never heard about gold fixing in his life?
https://en.wikipedia.org/wiki/Gold_fixing

and the list can go on and on...
total FUD

[Falmant]

Why a need to let people know you won't be a part of it.
Only for FUD reasons I would think.

If the fud keep people away from bitcoin, we can buy more at lower price.