Post
Topic
Board Speculation
Re: Aug 23 ETF Deadline...
by
Juggy777
on 22/08/2018, 05:16:25 UTC
Sell or HODL before Aug 23? Thoughts on the impact of the BTC market ? Will it be approved or rejected...?

Hmmm...

I am a believer in HODLING... been doing so since the market crash... but if it is rejected, won't it have a pretty nasty impact on the market?

https://www.coindesk.com/sec-faces-thursday-deadline-for-proshares-bitcoin-etf-decision/

 

If you believe in holding your coins then you should not be worried at all. I have never heard of this etf, and I believe it's rejection will barely cause any fluctuations in the prices. It's also pertinent to note that the market has already discounted, the possibility of all etfs being rejected so in the event it's rejected we might see small fluctuations only. I'm more excited for Cboe etf I'm sure it'll be accepted, the only question is when.