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Re: deddhedd post# 18242

Tuesday, 04/09/2019 6:19:50 AM

Tuesday, April 09, 2019 6:19:50 AM

Post# of 26491
I like the convenience. I don't fully trust the wallets and vaults as too many cryptos have been hacked where there seems to be a slim to none chance of recovery.

I set up an old offline laptop where I could act as my own vault (acked up to zip drive kept offsite and paper copy in a safe. Too much of a PITA (Pain In The Axx). This ETF traded inside my Roth is much easier. And yes, more familiar.

You are paying a premium for the ease of trading on a familiar exchange. Lots of casual investors aren’t comfortable with the whole bit coin wallet / unfamiliar trading aspect so they play it here.


“Everybody has to feel superior to somebody," she said. "But it's customary to present a little proof before you take the privilege.” - Truman Capote, Breakfast at Tiffany's.

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