Replies to post #2088 on ETFs, Leveraged ETFs, Sector Funds

[No-Quarter]

Yeah, no doubt M&S have a few unhappy customers these days.

I stumbled onto a Warren Buffet quote a while back I like.

"The core use case for Bitcoin is to sell it to someone else" -Warren Buffett

FIY, I continue to be out of everything crypto until Bitcoin breaks to the upside (charts below). I do not follow the HODL approach M&S are professing.

[No-Quarter]

Thx for the PM. I signed up for April 6th infomercial put on by S. The prelude to it mentions the use of futures, something I am not interested in utilizing. So, if this is his sales pitch, I will not be participating.

The boys beat the bushes hard for several weeks to get a large subscriber base. No doubt that base is bitter by now. I would not like to be receiving their emails and phone calls these days.

To me, altcoins are like penny stocks. They are all shiny objects. Some more than others. Their core use is to sell them to someone else before they tarnish. They are a popularity trade. I have little interest in chasing penny stocks based on someone else's guidance that changes daily.

I have begun to use my Coinbase account to trade into and out of Bitcoin and Ethereum only, striving to gather as much Bitcoin as possible over time. I will use my Kucoin account to trade the Metaverse coins that can be charted on Stockcharts, and other high flyer coins I identify using CryptoBubbles.

Bitcoin is showing strength this weekend, attempting to break above its recent trading channel. I will be slow to buy and quick to sell Ethereum going forward since Ethereum is favored over Bitcoin this week.

GLTY