Bitcoin Forum
November 15, 2018, 01:58:50 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: [1]
  Print  
Author Topic: Bitcoin ETF  (Read 788 times)
GorillaDental
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
October 13, 2017, 06:52:06 PM
 #1

What do you guys think about investing in a bitcoin ETF, should one become available? Or, how about something like Ledger X?

Personally, I might just stick to direct investing...but, it's crazy to think about all the potential once investing in bitcoin becomes more mainstream and how that will change things. If you had that option now, would you put your 401k partially into a bitcoin fund?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1542290330
Hero Member
*
Offline Offline

Posts: 1542290330

View Profile Personal Message (Offline)

Ignore
1542290330
Reply with quote  #2

1542290330
Report to moderator
HeRetiK
Hero Member
*****
Online Online

Activity: 924
Merit: 790


the forkings will continue until morale improves


View Profile
October 13, 2017, 08:28:44 PM
 #2

What do you guys think about investing in a bitcoin ETF, should one become available? Or, how about something like Ledger X?

Personally, I might just stick to direct investing...but, it's crazy to think about all the potential once investing in bitcoin becomes more mainstream and how that will change things. If you had that option now, would you put your 401k partially into a bitcoin fund?

I personally will also stick to direct investing. First of all, where I live holding Bitcoins directly has tax advantages compared to investing via an ETF. Secondly, to me personally it's much less of a hassle.

However I can well imagine that for a lot of people an ETF will make investing in Bitcoin much easier. It simply removes much of the technical aspects.

GorillaDental
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
October 13, 2017, 11:36:52 PM
 #3

What do you guys think about investing in a bitcoin ETF, should one become available? Or, how about something like Ledger X?

Personally, I might just stick to direct investing...but, it's crazy to think about all the potential once investing in bitcoin becomes more mainstream and how that will change things. If you had that option now, would you put your 401k partially into a bitcoin fund?

I personally will also stick to direct investing. First of all, where I live holding Bitcoins directly has tax advantages compared to investing via an ETF. Secondly, to me personally it's much less of a hassle.

However I can well imagine that for a lot of people an ETF will make investing in Bitcoin much easier. It simply removes much of the technical aspects.

Yeah, I think there are many people who may be afraid of the security aspect of holding their own coins or just not the types to learn about it. They'd rather invest in a fund or ETF managed by someone else, because it's what they are used to and they have other focus in life. As the ETFs come on, I think it's really going to increase the overall money in crypto, bitcoin at first and then some of the alts. Exciting times ahead!!!
Phoenixpple
Member
**
Offline Offline

Activity: 158
Merit: 10


View Profile
October 14, 2017, 09:28:13 AM
 #4

Yes, I think so, too. The benefits of investing in this project are substantial. Clearly, earnings outweigh risks. I think that's a good idea. We must adhere to the future
TheQuin
Hero Member
*****
Offline Offline

Activity: 728
Merit: 674


Freebitco.in Forum Dude https://bit.ly/2I9BVS2


View Profile WWW
October 14, 2017, 11:29:17 AM
 #5

However I can well imagine that for a lot of people an ETF will make investing in Bitcoin much easier. It simply removes much of the technical aspects.

This will definitely be the case. It will mean that all sorts of pension and investment funds will be able to buy into the ETF that are currently prohibited from investing directly by regulations. If/when it happens it will be one of the single biggest boosts to Bitcoin in its history.


HeRetiK
Hero Member
*****
Online Online

Activity: 924
Merit: 790


the forkings will continue until morale improves


View Profile
October 14, 2017, 03:58:17 PM
 #6

However I can well imagine that for a lot of people an ETF will make investing in Bitcoin much easier. It simply removes much of the technical aspects.

This will definitely be the case. It will mean that all sorts of pension and investment funds will be able to buy into the ETF that are currently prohibited from investing directly by regulations. If/when it happens it will be one of the single biggest boosts to Bitcoin in its history.

Also I can't wait for my bank trying to sell me a Bitcoin based investment fund. That's going to be fun.

And when asked why they advised against investing in Bitcoin just half a decade ago, they'll argue that investing via an ETF is much safer then investing directly because something something regulation. I already see this happening.

coindomain
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
October 14, 2017, 04:59:45 PM
 #7

It would be great to attract institutional investors to Bitcoin. Individual investors are better off investing directly due to lower fees and ability to withdraw without penalty, however, not everybody is willing to do all the necessary record keeping, passwords, etc. An ETF would simplify things quite a bit for people.
GorillaDental
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
October 14, 2017, 08:42:05 PM
 #8

It would be great to attract institutional investors to Bitcoin. Individual investors are better off investing directly due to lower fees and ability to withdraw without penalty, however, not everybody is willing to do all the necessary record keeping, passwords, etc. An ETF would simplify things quite a bit for people.

I think it's going to be great for those of us that are already directly invested, just need to hold on through the highs and the lows and take the long-term view on bitcoin and crypto in general. I expect that a bitcoin ETF would start out as a very small portion of the typical investor's portfolio, as I'm sure they view it as extremely risky. But, after a while, it will continue to grow even from there.

When you look back at the history of bitcoin, all of the ups and downs, it would have been difficult to hold on through all of that, even if you'd gotten in that early. Just like Amazon or Apple, there were some really good times before even better times came along...and some really bad times. To hold through all of that you'd either need to be very disciplined or simply pre-occupied with other aspects of life so you didn't keep checking the ticker every day. Kwai Chang Caine or the Big Lebowski...either would be an awesome crypto investor....buy and hold or buy and forget!!!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!