Big news from the United States SEC!!!! And I give you Crypto picks by country!

in #bitcoin6 years ago

The Securities and Exchange Commission two days ago voted to propose a change on how they establish new Exchange Traded Funds (ETFs).

" Washington D.C., June 28, 2018 —
The Securities and Exchange Commission today voted to propose a new rule and form amendments intended to modernize the regulatory framework for exchange-traded funds (ETFs), by establishing a clear and consistent framework for the vast majority of ETFs operating today."
https://www.sec.gov/news/press-release/2018-118 2 minute read.

This news is YUGE!, Bigger than huge, this is the biggest news Crypto has seen since its inception. It would seem that is this proposal goes through, not only do the chances of a Bitcoin ETF in the near future become greatly increased by for many other Crypto products as well. Imagine an Exchange Traded Fund for Small Caps, or Mid Cap Cryptos. Imagine an ETF for Asian Cryptos or for Smart Contract Cryptos. When this goes through this will be the tip of the iceberg, Trillions if not quadrillion in liquidity will flow into the Crytpo market, we will see a Bull Run the likes of which God as not seen.

Now for some Picks:

  • Hong Kong- ADA Cardano, I have been talking about Cardano since I found it at $0.03 cents last year and right now they are severely undervalued. Cardano uses a scientific and scholarly approach to this business model, their team is professional and they are a true 3rd generation Crypto. ADA is an improvement on smart contracts.
  • China- NEO, I have said it dozens of times, NEO is the Chinese spin on Ethereum, and as an added bonus they pay dividents (which is why I like them so much more). Hodling 100 Neo will yeild you on average 1 Gas per month. You can get 100 Neo for only $3,000 right now since it is only at $30.00 per Neo at the moment. This price will not stay long.
  • Korea- ICON- This is a blockchain based banking services product and a damn good one.
  • America- Ethereum- The OG of smart contracts, the most adopted crypto thus far, Futures Contracts coming soon.

I believe that all of the above are under valued and will start to catch up very soon.

I am not a financial advisor and this is not financial advice, invest at your own risk

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Amazing! Also they have to physically buy the BTC for the ETF. This is mega bullish.

Just the tip of the Iceberg, more news coming friend.

Yeah Sure! dude I am also waiting for that movement and I am also going in loss.
Thank you :-)

my pleasure, good luck friend.

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