Yo, chill out, everyone! #Bitcoin prices might be taking a hit, and I know it stings, but there's a silver lining here. These price fluctuations are actually getting rid of folks who love to trade coins and stir up a ton of volatility.
With the announcement of ETFs, more people are getting into these funds. People are swapping ETFs, particularly favoring those with lower prices or interests. However, these ETFs can't just directly transfer coins to other ETFs due to the SEC's tax implications. So, they have to sell, and other ETFs have to buy.
These larger volume daily trades are causing Bitcoin prices to drop significantly, but it's just temporary. In the future, we may experience less volatility. Believe in the coin and the community; prices will bounce back soon. Remember this word and stick it somewhere—it'll help you: "Hodl."
#crypto #etf #money #profit #hodl #hold
nobody /
npub19j…cfl7a
2024-01-15 10:35:18
Author Public Key
npub19jcnyvatxdjj4dn3hwyqux848k0rzm5pfst8fs2ltuyf97z29gms0cfl7aPublished at
2024-01-15 10:35:18Event JSON
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"content": "Yo, chill out, everyone! #Bitcoin prices might be taking a hit, and I know it stings, but there's a silver lining here. These price fluctuations are actually getting rid of folks who love to trade coins and stir up a ton of volatility.\n\nWith the announcement of ETFs, more people are getting into these funds. People are swapping ETFs, particularly favoring those with lower prices or interests. However, these ETFs can't just directly transfer coins to other ETFs due to the SEC's tax implications. So, they have to sell, and other ETFs have to buy.\n\nThese larger volume daily trades are causing Bitcoin prices to drop significantly, but it's just temporary. In the future, we may experience less volatility. Believe in the coin and the community; prices will bounce back soon. Remember this word and stick it somewhere—it'll help you: \"Hodl.\"\n\n\n#crypto #etf #money #profit #hodl #hold",
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