Blockchain ETF's - How to invest!
Welcome to the future of finance which of course is the Blockchain!
How do you capitalise on Blockchain ETF’s? Number 1 no one knows for sure, who is not an insider. If you’re not an insider you can’t know for sure which coin, if any, is going to have an ETF first. Number 2 if you don’t know then don’t pretend that someone else knows if they’re not an insider. Number 3, taking 1 and 2 into account, don’t jump on the bandwagon when someone says this coin could maybe be approved for an ETF via the fed. Don’t waste your time, you don’t know.
A much better strategy is to hold the top 20-50 coins, let them compound as an index fund and eventually one of them is likely to get an ETF and when it does you won’t need much money in there once it starts compounding on that ETF. The ETF is just a side point of investing in the top ones but it’s another factor to consider over a 5-year period.
Minneapolis Federal Reserve Bank’s, President has said that there is more to the Blockchain than meets the eye, there’s a lot of development and wiggle room. The Winklevoss twins were behind the original proposal of Bitcoin ETF’s, it didn’t get past the feds as there was too much room for manipulation. They have potentially been given a second opportunity, it seems like they didn’t take all the information into account and this time it could be approved.
There’s talk of Ethereum Classic having an ETF and if one gets an ETF there’s a likelihood that a bunch of coins will follow. It is potentially so huge that it could permanently impact the prices of these coins if the mainstream market gets a shot of this, a lot will pour in to create a bubble when they realise the coins that have ETF’s don’t have the potential to reach the same market cap in a real-world use case.
Look for coins that you think could get 5-10 times the market cap from real world use cases, people using it to transact rather than the trading, otherwise isn’t that a hype? In terms of real world use cases, ETF’s are not the number one factor to consider but I think this is the best approach for index based investing, if you’re looking at taking this route I would say hold back.
futureblockchains.com
