Why should I NOT buy the ETF vs BTC?
Why should I NOT buy the ETF vs BTC?
I have been buying btc in small amounts, I see all the benefits of the upcoming ETF such a being able to hold in tax advantaged accounts or not having to get hacked/lose btc. Because of this, I’m leaning towards directing most of my btc spending on the ETF.
Are there any disadvantages to buying the ETF over BTC?
A lot of people here will say “decentralization”, “original meaning of crypto” and so on, but in reality a majority of us are all here to make money.
With that being said, an ETF is the absolute best way to hold BTC or any crypto for that matter (hoping for ETH ETF soon). It protects you from hacks, tax advantages, easy accounting, and is backed by multi-trillion dolllar companies.
It’s a no brainer for anyone who has access to it and wants to invest in crypto.