**UPDATE** Jan 10th evening: ALL 11 New Bitcoin ETF Funds have been APPROVED by the SEC to LAUNCH (likely tomorrow, Thursday) This is HISTORIC (11 years in the making!) and provides an easy SUPERHIGHWAY ONRAMP (“Slip road” for you Brits:) for MILLIONS of investors who haven’t bothered with the previous complications of owning bitcoin.
Money is POURING IN via the overnight markets.
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Original post:
Did an SEC intern just tip Gary's hand?
(“Hack” -my ass, LOL!)
HAHA! Now we know!!!!
This is hilarious, and potentially VERY PROFITABLE if you've been listening and READING Changa.
If not, might want to call in sick tomorrow and take the day off to study up.
*Nothing here is to be taken as financial advice. As always, you must confirm by doing your own Due Dilly!
(If anyone would like to start a gofundme for that intern, they them’s going to need it..)
In case you missed this over the last 12 Mos, many of Changas crypto holdings are in my Roth and trad IRA's at AltoIRA.
It's flawless and close to no cost (open the crypto ira, not the enhanced one) Takes 10 mins, and then link securely to bank account and 3 days or so for funds to be ready to buy bitcoin, ether and 30 different coins if want. Custodied by Coinbase and covered additionally by ERISA law assurances.
That way your obscene gains will be tax free, and you can 1035 roll tax free to your other iras once crypto run ends if you like, or even set up a free DRIP into Bitcoin or Ethereum for $25/mo and put it on autopilot.
Ok. Btw, here's a special altoIRA link w $50 bonus for you once funded. No obligations.
https://altoira.grsm.io/37ugsk9upsdx
You're Welcome!!
HOT TIP: Bitwize 10 Crypto Index fund (bought under ticker BITW in ANY investing account) is the only one we've covered still at a THIRTY FIVE PERCENT DISCOUNT to current bitcoin prices. Yes, that's a 35% off sale on an existing sale (if you consider the previous bitcoin highs were around 65k)
The reason the discount hasn't evaporated yet is because Bitwise newly approved bitcoin fund will start trading (likely) tomorrow under ticker BITB, without BITW converting right away. Bitwise has already said they plan to convert it to an ETF structure in the near future, SO if that happens you'll get ALL the future performance of BITCOIN (plus ethereum and a smidge of 8 other hot altcoins) PLUS potentially an extra 35% as the fund converts to an etf and the discount moves UP to par as happens with ETFs'.
THINK ABOUT THAT, AND THINK AGAIN. If you don't understand, keep thinking.
This is not financial advice, but here's what I'm doing. I'm adding to my BITW holdings tomorrow....