Bitcoin Bag Holders Beware!!!

It would appear that – once again – ETF investors are being set up to be the Bitcoin Bag Holders.

 

One thing the average investor rarely looks at is trading patterns and money flow.

That, my friends, is why most investors lose money.

 

And if you take the time to observe the patterns of ETF inflows into Bitcoin it appears that the “smart money” (Boyz in the ‘Club) is selling Bitcoin in the spot market, while the “dumb money” (average investor) is buying it through ETFs.

 

As a result, this is another one of those “Why We Hate ETFs” email.

 

READ:  More Reasons to Hate ETFs AND Blackrock May 30, 2024 (HERE).

 

And when Blackrock started adding their own Bitcoin ETF to their bond funds, we warned that the Whales are setting ETF investors up to be the Bag Holders. *

(* Bag holders is a financial slang used to describe those who hold on to poorly performing assets)

 

Although we know many people who have made fortunes on Bitcoin, we also know many who have lost fortunes as well.

 

And just last week 70% of those who bought spot Bitcoin ETFs are losing money.

That number will accelerate when Bitcoin trades below the $54,000 level.

And a decline below $38,000 will push 100% of Bitcoin ETF buyers into the red.

 

 

Bag Holders Beware

 

 

Unfortunately, most Bag Holders never figure out they are the victims until it’s too late.

And if the Big Boyz continue their selling, (Cough! unloading their inventory to the retail market, Cough! Cough!) most cryptocurrency ETF speculators will likely capitulate…after losing more than 20%.

Maybe that’s why last Friday the US-listed spot Bitcoin ETFs recorded net outflows of $143 million.

 

Another problem Bag holders rarely see is how the volume of their ETFs shares can dry up overnight.

 

Example:  If you have an ETF trading over One million shares a day and the Boyz pull out, the volume can quickly drop below 100,000 shares per day.

 

The term used here is “No Bid” …no buyers.

 

Side note:  You can see an extensive list of Wall Street’s Secret Language/Slang on our site under the tab “Annoying Acronyms” (HERE).

 

 

 

 

Bottom line here?

 

Like any big money maker on Wall Street the old adage applies here…

 

“The 1% needs the 99% to be wrong in order for them to make fortunes.”

 

So, don’t say you haven’t been warned.

 

And if you are tired of being in the 99% group, be sure to check out our July issue of “…In Plain English” (HERE) to learn how the 1% operates “behind the curtain.”

 

Share this with a friend…especially if they own Bitcoin ETFs.  They’ll thank YOU later.

 

And tell them:

 

We’re Not Just About Finance

But we use our 114+ combined years of experience in the Financial World to give you hope AND expose corruption ‘Behind the Curtain.’

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