I have been buying as much as possible to prepare for the approval of a Bitcoin ETF. The amount of institutional money sitting on the sidelines that has not been able to take advantage of the insane returns should be epic. With many countries now approving Bitcoin for payment, my direct deposit will go to Coinbase and my Coinbase debit card will be paying using my Bitcoin.

Some may be skeptical, but many ETFs have also filed to be able to invest money in these EFTs once they are approved as well.

This may be one of the greatest opportunities in our lifetime to partake in something like this. It is risky, but I can't wait to see what happens.

The people who get the fee's from the bitcoin ETF will make a fortune. Not many people beyond that will make much more than they would on a regular quality stock. The ETF on bitcoin is about like an ETF on gold. It won't make much but it will be easier to tax it and it will be easier for the brokerage houses to manipulate it.

both Robinhood and Coinbase accts are up but imo if your investing anything other than play money in crypto your on a path to ruin

I'm a gambler. Uncle Sam wants digital currency so they can control you. Tax revenue. The all powerful Blackrock and Fidelity and others who control our Politicians will take in all the money from fees. BTC , Solana and a few miners are getting some of my money just in case it all takes off. Might be a lot of money flowing in on SEC approval.

I will never partake in currency that can disappear with no explanation, or that I cannot access because of a forgotten password.
I trust too few people in this world to even consider it.

This crap is funny to me. Miners? They act like there's actually people out there finding something. If I can't put it in my hand I don't want it

Pass.

I don’t understand it but they use banks of computers to generate and maintain. I read one of the early in guys had over a million dollars in servers, specialized cooling floors etc… it ate up tons of power so he got government funded solar to run his system. Made millions off this setup. Still don’t know how he made money.

The price must be up

No thank you. Government control is all digital currency is about.

Each to his own but hell no

I have some buddies who’ve made more off Bitcoin/crypto in the last 5 years than they ever made off Wall Street. Wish I’d listened to them 5 years ago however I don’t understand crypto at all and can’t invest in it like I do stocks/etfs etc.

That's all good... I am happy for those who make a fortune in Bitcoin but its not for me. I see no value in BitCoin unless someone will take it as a form a payment, and I don't see anyone doing that today.

Coinbase debit card works just like a bank issued debit card.

If I had money to risk, it sure wouldn't be in pretend money. Give me something tangible like Gold or Silver. That always has and always will be taken as a form of payment.

The lure of bitcoin I thought was governments couldn’t touch it. Guess that changed.

Crypto money can go to absolute Zero dollar value in less than a second. In fact, it can go to non-existence in less than a millisecond. Several crypto currencies already have done that. Poof, its gone.
So if you are going to play with it, I dang sure would not rely on it.

No thanks...I'm still hoping my Iraqi Dinars will hit.... I'll be set if they ever get back to a fraction of what they use to be...

Now governments are all up in it and using the technology as the basis for CBDC. Which is a freaking nightmare for everybody even the people who are creating the CBDC's.

I put some money in xrp. Just $1000. Its up some right now. Was up about 40% but its dropping now. If it does what is possible, i could be a millionaire. If it does what is probable, ill lose $1000. Ill be just fine either way. Interesting watching it go up and down though. Blackrock bought a bunch of it. So i could make a bunch of money or get screwed.