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ETFs ARE Retail

Just the fact people are downvoting this, shows they’re in denial. Downvote means you can’t think critically.

Everyone keeps saying “it’s quiet this time” and “once retail wakes up”, etc. ETFs are retail. Why is everyone missing this critical fact? ETFs made it easier for retail to buy BTC, and they have. That’s what’s pushed the price up, along with institutional investment.

Also, we’re no longer “early”. Early was before BTC is widely talked about on every news and financial channel in existence.

Lastly, 21 million divided by the world population/millionaires/billionaires, etc is faulty reasoning. Most of the world pop/mils/bils don’t own gold, silver, etc. along with many other assets they don’t all HAVE TO HAVE. The demand for BTC will be whatever the market says it is.

Downvote away. I’m a huge proponent of BTC, but these unrealistic “wen lambo” and “we’re early” people flooding the internet constantly with ignorant statements and dreams of making millions from where we are now, retiring on .1 BTC, are only hurting, not helping. Be realistic, people. If you want to be early and “10x” it’s not going to be BTC in the anywhere near future.

I think we’ll see no more than 150k this year at most. Remains to be seen if the “4 year cycle” is valid. No one knows. Please stop acting like it’s fact. You can spin a roulette wheel and hit red or black 4 times in a row all day. It’s not a predictor of the future. Let’s be smart, think critically.

submitted by /u/OceansAura
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