RE: Working for the weekend and other random thoughts

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RE: Working for the weekend and other random thoughts

bozz in LeoFinance • 9 months ago

I hope you are right, but for some reason, I don't feel like this bull cycle is going to be the "big one" for me. I think I will get some gains for sure, but I just have this feeling in the pit of my stomach that it isn't going to be life changing. Fingers crossed I'm wrong. I could see the SEC trying to do something like that, but I think their days of having the politicians on their side are slowly fading. I think big exchanges like Coinbase are just biding their time until they know they can go toe to toe with the SEC and be supported by the right people.

9 months ago in LeoFinance by bozz

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ericvancewalton 9 months ago (edited)

I'll have my fingers crossed for you my friend. Some people think the ETF approvals are already priced in but I don't.

I totally agree with the SEC losing Congressional support. I believe Gensler's one task was to help manipulate and suppress the market leading up to these ETF approvals. I see him riding off into the sunset after this event. Hopefully his replacement will bring about meaningful change.

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bozz 9 months ago

I hope that is the case as far as the SEC is concerned too. I just have a feeling that I am not holding the right tokens for the next bull cycle. That's basically a crap shoot though, so I am not sure I could have done anything differently.

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ericvancewalton 9 months ago

Yes, it's always a gamble. Having a bunch of different micro caps in your portfolio is usually a good way to do it. The buy-ins are small and the chances one of them will go parabolic are better than average.

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