BTC ETF

3ml said:
Perhaps USD. Against BTC it's been on a down trend since 2017/18
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Most people cash out into the dollar not BTC so it's not really relevant.
3ml said:
Perhaps a short term trade would be profitable. Reality though is for someone who is holding long term BTC is doing far better
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No doubt. XRP has definitely underperformed vs alot of alts as well.
 
CoolRick said:
Most people cash out into the dollar not BTC so it's not really relevant.

No doubt. XRP has definitely underperformed vs alot of alts as well.
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I wouldn't say it's irrelevant. Whatever you hold to cash to the dollar you want it to be the better preforming asset.
 
3ml said:
I wouldn't say it's irrelevant. Whatever you hold to cash to the dollar you want it to be the better preforming asset.
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Yes, but only as it pertains to XRP vs BTC performance wise. I doubt very much at this point the people seriously holding XRP care very much about using it as an inflationary hedge. I certainly don't and have other things for that. If anything suppressed prices means an opportunity for accumulation if they're bullish on the asset.
 
Buuut XRP vs BTC also has a price impact.

Yes buying things when they are down can be lucrative. But how many years do you keep piling money into one of the worst performing crypto assets
 
3ml said:
Buuut XRP vs BTC also has a price impact.

Yes buying things when they are down can be lucrative. But how many years do you keep piling money into one of the worst performing crypto assets
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Totally up the individual, their analysis and risk tolerance. It's not a play best for everyone, though that could be said about anything.

You don't have to pile up in one thing either. The way i played it I amassed a very nice sized XRP position that is not only up but essentially riding for free. I'm playing the long game on this one while skimming off the top from other things. Really it could go to zero for all i care because my risk tolerance allows for that.
 
Funnyman said:
I'm no expert, but when I looked at the etf it's had 4% bitcoin.
Its has some nice growth, since it's interception.
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Its a all in one fund. Its meant for the
Hands off approach like an index fund. This one has alot of active managed funds inside it. So the fee is a bit higher then something like xeqt. But it also has crypto and has outperformed xeqt.
 
flexappeal said:
If you mean the ETF you can to an extent in after hours trading. I’m sure the best deals are in the middle of the night lol
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Yeah I have saw some crazy swings come Monday morning on these etfs, when btc moves alot over the weekend
 
I’ve been using skin.land for a while to flip a few in-game items, and the returns I got made me more confident about putting some of those gains into BTC and ETH. It’s not huge money, but it adds up if you're consistent. Feels good to turn digital skins into something with real-world value.
 
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