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 • 10 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.

10 months ago in LeoFinance by bozz

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ericvancewalton 10 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 10 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 10 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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