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Author Topic: Should I buy bitcoin ETF now?  (Read 217 times)
Charles-Tim
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December 18, 2023, 01:36:49 PM
 #21

the other downside is
if you bought 1btc direct.. its still 1btc in 30 years

however an ETF comes with annual fee's where by buying 1btc worth of shares. becomes 0.54btc worth of shares in 30 years (assuming their 2% annual fee)
He is referring to a token called BTCETF. He is not referring to Bitcoin ETF. So there is still nothing like annual fee, but it is just a token. Some people that will buy this token may be confused that it is the bitcoin ETF but it is not. It is an ERC20 token and definitely an altcoin.

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December 18, 2023, 07:40:07 PM
 #22

I would say it's completely upto you if you are willing to take risk then you can go for it but not beyond what you can afford to lose. People are often confusing it with the Bitcoin Spot ETF and I would not be going ahead with this altcoin as the name it the Altcoin itself suggests that the project might have been planned in hurry once this Bitcoin Spot ETF gained mainstream coverage. Any project which is based on some events rather than proper research and ideology cannot sustain longer









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thiagothx1370
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December 18, 2023, 08:00:55 PM
 #23

I want to buy some, I Seems to be almost sold out. Already sold for $4,626,720.67 ($5,059,485 is the maxnum amount).
Let's talk about this.

Satoshi nakamoto didn't create bitcoin to buy btc through ETF it has no sense. If you want to preserve your wealth for a long run then buy bitcoin and hold it in your own hard wallet.
Dr.Bitcoin_Strange
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December 18, 2023, 09:27:47 PM
 #24



You can see where the OP get: Already sold for $4,626,720.67 ($5,059,485 is the maxnum amount).

It is the hottest presale now and this might be another pump and dump.

Its obvious that OP is talking about altcoin, and if he is actually aware that the altcoin name BTC etf, which he talks about, is not the real Bitcoin (BTC), then it will be more proper to report this thread so that it gets moved to the altcoin discussion board.

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December 19, 2023, 05:00:03 PM
 #25

Why are you looking forward to future complications I don't understand what the buzz for to buy the Bitcoin ETF is all about and I actually don't associate myself with the drama.
The more complicated the crypto-currency space is the more breeding ground for scammers. If you are interested in Bitcoin you can always get a wallet get some Bitcoin and save them in your wallet it's that simple.
But, how do you know that this BTC ETF can complicate things in the future? Don't tell me that you travel in time? There are just people who see a potential in this BTC ETF. That is why they are planning to invest on it. This must be the buzz all about right now, but don't FOMO as well and join them, if you think you can't benefit with it because your suspicions can also be right. It's not that crypto is too complicated or what, but maybe it's only in you.

People can always study it in order for them to understand it. That way it will now be hard for the scammers to victimized them. BTC is a good crypto but unfortunately this isn't the one that the OP is interested with. We don't know though, if he is already into it or not.

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December 19, 2023, 05:47:53 PM
 #26

I want to buy some, I Seems to be almost sold out. Already sold for $4,626,720.67 ($5,059,485 is the maxnum amount).
Let's talk about this.

A new bitcoin ETF is about to get launched already, some are planning to make their investment towards the presale while some are waiting for it to come out to launch, if you're interested in that, take it as your own risk over it, this is altcoins we are talking about and you should know what's involved in making decision for investment on alternate currencies, but if you can't risk it then don't try it, we are a product of what we did yesterday and behold it consequences today, you could make the future decision as well starting from today from what you chose to invest.
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December 20, 2023, 09:51:37 AM
 #27

I won't advice anyone to spend money on Bitcoin ETF, why not buy the real Bitcoin instead? This is what I keep telling some people that are out of the country living in the U.S now, it seems people are just looking for an excuse to be able to trust Bitcoin, those who are after the ETF instead want to be under the government permission to invest.

I will never have any interest in any bitcoin ETF, I want the real thing and I plan to retire with few good numbers of Bitcoin, I am not going to do that with ETFs rather.

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