August 2022
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August 15, 2022

Financials Matter

"It's Not Just About Finance"

Bitcoin ETF’s? Arrrrgghhhh!

Sometimes you gotta keep on screamin’ until people pay attention…And this is one of those times.

 

What would you think if a fund or ETF manager said to you:

“We’re going to manage your money in a fund or ETF that doesn’t have any stocks in it.”

“And we’ll tell you up front that we’ll probably lose money.”

Sounds ridiculous, doesn’t it?

Or, how about this dumbed-down investor mindset:

“I don’t really want to buy Bitcoin because I think it’s going down so I want to short it…but I don’t know how.  Hmmm!  I think I’m going to buy a fund that specializes in shorting Bitcoin…even though they tell me up front that they don’t know what they’re doing in that market.”

Huh?

I know this sounds stupid but who in their right mind would buy any fund that represents stocks traded on the market, that didn’t have any stocks in it?

Yet, that’s what’s going to happen when you jump on the Bitcoin ETF bandwagon.

Honestly, it doesn’t get any dumber than this.

Oh Wait!

Did I mention that several firms have filed to issue ETF’s that will bet on Bitcoin going down (shorting Bitcoin)?

C’mon, man!  How dumb can you get and still breathe?

Oh Wait!…never mind.

Right now, the boyz in Las Vegas are scratching their heads and saying, “Wow, why didn’t we think of something like that?”

I really hate how these professional thieves continue to churn out this garbage.

But what’s more baffling is how many people continue to fall for these scams.

Don’t be a sucker.

Educate yourself (HERE).

You’ll thank us later.

 

 

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