Post
Topic
Board Speculation
Re: BTC ETF SEC APPROVED on MAY 15th
by
BitHodler
on 14/05/2017, 15:21:26 UTC
And when will we get results to react immediately? No one knows?
By the time you as average Bitcoiner finds out the result, it's most likely already too late to act. Never wait for something to happen, always act in advance.

If you think that a positive/negative statement from the SEC will impact the market significantly, then you have to take action right now since we're less than 48 hours away from this event.
Just hold to win. Short if you like losing.
Long term for sure, but there are enough speculators looking to gamble on a certain outcome by opening or closing positions.

Just think about it, the chances for the ETF to remain rejected are higher than it miraculously getting approved. It will be an easy choice for people if they do happen to take action.

I personally won't do anything in relation to this event as I prefer to keep hodling.