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Author Topic: How to approach the next ETF?  (Read 1232 times)
manselr (OP)
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March 12, 2017, 05:22:39 PM
 #1

I've seen people already starting to talk about the next ETF in march 30th.

Will you do the same as the last ETF? (wait until the decision is made, then buy more). Will you sell before buying more, or will you use cash you have?

I would like to sell, but im not sure about when to sell, since we saw a mega pump before the actual decision.
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March 12, 2017, 07:33:25 PM
 #2

I've seen people already starting to talk about the next ETF in march 30th.

Will you do the same as the last ETF? (wait until the decision is made, then buy more). Will you sell before buying more, or will you use cash you have?

I would like to sell, but im not sure about when to sell, since we saw a mega pump before the actual decision.

The reasons the SEC gave were beyond the control of the ETF managers. That means they cannot amend their applications to satisfy the SEC, the SECrejected BTC, not the Winklevoss proposal. So there is no ETF, it's doubtful that any large amount of speculation will happen, if it does, BTC might spike but it won't be as large.

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March 13, 2017, 08:46:29 AM
 #3

The ETF coming in 30th march is SolidX BitTrust one and has nothing to do with the twins ETF. I don't have much about it but I suggest taking a look here https://sldx.com/

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March 13, 2017, 10:03:05 AM
 #4

Fundamental analysis traders focused they mind in making trading decision on news and event. For you to trade on news successfully, you must get first hand news and using technical analysis tools like pin bar and hammers to place a trade or close the trade. Relay on event like ETF alone will cost you to lose money as there is alot of panic and pump during  those times.
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March 13, 2017, 12:35:33 PM
 #5

I've seen people already starting to talk about the next ETF in march 30th.

Will you do the same as the last ETF? (wait until the decision is made, then buy more). Will you sell before buying more, or will you use cash you have?

I would like to sell, but im not sure about when to sell, since we saw a mega pump before the actual decision.

The next ETF is going to end like the previous ETF.Bitcoin will be rejected again.
I would sell all my bitcoins at March 29th and start bying at March 31st.This is what i would do,i`m not recommeding this strategy  to anyone.I don`t care that much about price peaks and won`t try to squeeze every satoshi as a profit. Grin

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March 13, 2017, 12:51:47 PM
 #6

we already know what the outcome's gonna be. it's a 100% non event now that's barely worth paying any attention to.
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March 13, 2017, 01:37:20 PM
 #7

I've seen people already starting to talk about the next ETF in march 30th.
There will be not much buzz about upcoming bitcoin ETF "SolidX" and SEC may reject them too because there will be nothing changed till than. Or SEC may just postpone the date by few months and we may not get any decision about it by end of march.

So don't expect anything similar in market during those time, better hold your bitcoin tightly if you don't know how to make profit on each price swings.  Wink
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March 13, 2017, 02:10:59 PM
 #8

One thing should be considered that ETF mentioned in their decision that price is volatile and most of the bitcoins are held by few people so it doesn't make any sense to accept any currency/commodity which will be beneficial for few people (also known as early adopters) when it comes on board for trading. The main point is that majority of the bitcoins are held by top 1,000 bitcoin wallet holders than rest of the wallets and they can manipulate the market.
manselr (OP)
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March 13, 2017, 04:26:58 PM
 #9

we already know what the outcome's gonna be. it's a 100% non event now that's barely worth paying any attention to.

Not really. There is expectation, expectation creates changes in the price, even if they are quick, those are great opportunities to speculate because they are predictable in time, we know exactly when. I think we will see a selloff again, similar to Winklevoss, maybe less extreme.

Of course there's a possibility that nobody gives a fuck and the price stays the same.
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March 13, 2017, 04:31:04 PM
 #10

It's safe to say that an ETF is something that we should forget about in the coming years. It's clear what the reason is for their rejection, and thus it's next to impossible to see a different ETF come through if the objectives from the SEC don't change. But then again, we don't need ETF's. Till this day everything we have gained was without anything like an ETF, so a future with possibly no ETF's won't change anything in that regard.
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March 13, 2017, 08:53:33 PM
 #11

It's safe to say that an ETF is something that we should forget about in the coming years. It's clear what the reason is for their rejection, and thus it's next to impossible to see a different ETF come through if the objectives from the SEC don't change. But then again, we don't need ETF's. Till this day everything we have gained was without anything like an ETF, so a future with possibly no ETF's won't change anything in that regard.

This is very true. Just look at what will happen next if they approved BTC.  Isn't bitcoin the only they will approved or will they be approving the rest as well which has complex technology such as DASH and ETH? This will put them into a dilemma.  SEC is government. I wouldn't expect ETF approval because after all what we have right now is already a success. We've already found our way for the Forex companies to connect to btc.

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March 14, 2017, 12:11:46 AM
 #12

The ETF coming in 30th march is SolidX BitTrust one and has nothing to do with the twins ETF. I don't have much about it but I suggest taking a look here https://sldx.com/
Don't forget about the Grayscale. But I think solid is the bitcoin etf backup

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March 14, 2017, 09:26:05 AM
 #13

I've seen people already starting to talk about the next ETF in march 30th.

Will you do the same as the last ETF? (wait until the decision is made, then buy more). Will you sell before buying more, or will you use cash you have?

I would like to sell, but im not sure about when to sell, since we saw a mega pump before the actual decision.

The next ETF is going to end like the previous ETF.Bitcoin will be rejected again.
I would sell all my bitcoins at March 29th and start bying at March 31st.This is what i would do,i`m not recommeding this strategy  to anyone.I don`t care that much about price peaks and won`t try to squeeze every satoshi as a profit Grin

Lightning never strikes in the same place twice

So what we all witnessed just before the SEC decision on March, 10th may never happen again. Whenever you start to think along these or similar lines, never forget to recall that market always fools the majority of traders in the end. This is basically how a tiny percentage of traders (actually insiders and market manipulators) earn a majority of profits. Personally, I'm inclined to think that the next time nothing is going to happen at all. Primarily because it should be clear to anyone now, even to die-hard optimists that the decision will be absolutely the same

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March 14, 2017, 12:34:37 PM
 #14

alts are back Cheesy

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March 14, 2017, 02:45:04 PM
 #15



its being done before and the lightning cuts the throats of the hopefuls before. never will it be approved and it shouldn't be approved. we're all going ot be doomed. i don't understand why will be ever be into bitcoin again if this will be approved because what will happen next is totally the opposite of decentralization.









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March 14, 2017, 03:27:46 PM
 #16

I was not sure that the ETF will be received by the exchange. but the increase in the price of bitcoin today is a natural thing, assuming an increase in high I recommend that do the holding is the right choice today. need a courage in action.
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March 14, 2017, 10:53:09 PM
 #17

I was not sure that the ETF will be received by the exchange. but the increase in the price of bitcoin today is a natural thing, assuming an increase in high I recommend that do the holding is the right choice today. need a courage in action.
What will it be received by the exchange site? All about ETF are relating to the US securities, and this is about to get the legal permission by us securities. And not exchange site. Everybody are know if holding bitcoin is the best way.

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March 14, 2017, 11:01:09 PM
 #18

We shouldn't keeps our hopes too high about Bitcoin's ETF approval by SEC. It's fairly simple, There won't be any ETF for bitcoin although I do expect the speculations to be high. For me, I think there would be any pump in Bitcoin price whether or not Bitcoin gets ETF

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March 14, 2017, 11:03:48 PM
 #19

Not really. There is expectation, expectation creates changes in the price, even if they are quick, those are great opportunities to speculate because they are predictable in time, we know exactly when. I think we will see a selloff again, similar to Winklevoss, maybe less extreme.

Of course there's a possibility that nobody gives a fuck and the price stays the same.

anyone who believes there's the slightest chance this etf will pass deserves to lose out on any bets they make. but they won't because the price won't be paying any attention to it. it's over.

it's kind of like the us marshal auctions. the first was the boogeyman for months. the last one barely attracted a single comment.
aardvark15
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March 15, 2017, 12:34:39 AM
 #20

Apparently the price now is stable with no ETF so I would expect that as long as there is no ETF, the current price is pretty solid. If however, the ETF is approved, then it is likely that the price will increase. So I think any drops now will be due to other factors rather than a result of ETF rejections.
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