EFT

Adorable_Half_9194

My employers 401k doesn't offer BTC EFT options. Not yet anyways and they told me no ETA on when they may.

Adorable_Half_9194

The problem is you will pay taxes/fees on an early withdrawal, which you can account for in profits when BTC goes up but it will eat into that. You have to make like 30% just to cover what you will pay in early withdrawal fees. With that said, in January I pulled out all the money I could from my 401k (the amount I had rolled in from prior employer) and dumped it in BTC. I paid the 30% tax up front. Hopefully, they will start to offer BTC EFT's soon. Until then, I also put money into a Roth IRA.

Adorable_Half_9194

If I were 23 again, I would hold on to my BTC because it would be valued at 2-3 million today. Instead, I used BTC to buy drugs. You are doing the right moves. Put a portion of your money each payday into 401k/roth IRA, and a portion into BTC. These are savings accounts for retirement. You put money in and don't touch it until your are much older. I would say don't touch your 401k money and keep contributing to it. Soon, they will have BTC EFT's. My companies 401k provider doesn't have it yet, but soon and then you can just change your 401k portfolio to invest in something like IBIT.

PartBobPartRick

Because they hold MSTR for their clients who want exposure to bitcoin. If they simply allowed access to BTC EFT I reckon you’d see a decrease in MSTR Vanguard holdings

MichaelAischmann

Many don't realize that EFT money won't "roll over" into the general alt market.

Ok_Lingonberry_9465

Funniest crap! Just yesterday morning I was debating putting money into a dividend EFT or buying more Bitcoin…i choose to go with the EFT because I thought that Bitcoin isnt going to much higher anytime soon and I would just stick with my DCA plan….oh well, silly me!

Sparta-Fellow278

If you have spend time learning about bitcoin and how it works I would say just buy with the whole thing now. 4 grand isn't that much. You could also think of investing in a EFT instead

Extension_Ladder_135

99% of people don't care about the "be your own bank" idiology. They just want to make some money. The EFT gives the oppertunity to have exposure to Bitcoin without the stress or technical knowhow

Silvercap718nyc

I don’t think I’d buy a dollar EFT to hold my dollars either. But some people just don’t want to spend the time on a wallet so it’s a thing now.

namieorange

If holding BTC for 4 years means a mere 60% up before considering inflation and cycles pumps get less prominent each time, then it is no longer worth it to hold BTC as opposed to EFT or bid stocks, at least by next cycle. If you have to time your entry to make a good enough profit then the premise failed as it wont longer hold the value overtime as opposed to other investments vehicles. So far the cycle has indeed been depressing. It shouldn't for much longer I think/hope. The heights should come with rate cuts and Q4 that usually brings us an end of year pump. BTC at 1.6x from previous ATH, 1 year and 2 months after halving is sad to say the least

accomplished_mess_

bitcoin, xrp EFT so many other better options.. wtf is even atom

Silvercap718nyc

To be clearer what I’m saying is no nation state is needed. The common pitfalls of supply being inflated or counterfeit are removed. The need for a central bank is gone. Nothing like this has existed before. But for many this is poorly appreciated. Many want to plug BTC into the current system, earn interest, buy it in EFT, hand over their keys. cake and wanting to eat it too it’s a common problem.

chrismckong

What makes you say they are losing customers? Also it’s an ETF (exchange traded funds) not EFT. And you are correct they have missed out on that opportunity but it’s not like the finance world is going to drop every asset class and focus only on bitcoin. They have many other opportunities that have been very lucrative for them.

Silvercap718nyc

they are losing customers That’s the point I’m making. They will do fine for now but look at what they have lost out on it EFT growth. They passed on the fasted growing EFT ever. Eerily similar to Kodak passing on investing in digital camera tech…

BatterEarl

BTC ETFs futures have only been around for three and a half years; that is the oldest BTC EFT. Where do you get a five year chart? That said ETFs have fees that may have something to do with the difference.

im_THIS_guy

BTC since 4/21: +17.8% ETH since 4/21: +60.0% BTC ETF flows since 5/29: -$963M ETH EFT flows since 5/29: +$162M Uh oh....

accomplished_mess_

XRP is solid. seen a few people post xrp. I’m sure you’ve heard of ShIb. but my personal opinion. If you want to see a high roi, I’d look into Ethfan Token. ethfan.club $EFT $EFB & $EFPB are All apart of this ecosystem. EFT is central token of the ETHFanToken Ecosytem. All things within our ecosystem are & will be designed to bring volume to the central token EFT, either directly or indirectly through the trickle down tokenomics of incredible smart contracts. Why is this important? EFT has taxes associated with every buy & sell like many tokens do, however, ours is unique in that a portion of each taxed transaction is used to send binance pegged etherium to holders of EFT. The amount is based in the daily dollar volume and number of EFT tokens held. The beauty of this is that it allows holders use their pegged etherium rewards to buy more EFT and thus recieve larger rewards each time this is done. This is called "compounding" and gives you controll to take advantage of what Einstein called the most powerful force in the universe. The ecosystem is an ever growing thing... the second token launched is EFB and it is a beautiful thing. EFB also has taxes associated with each buy and sell. These directly benefit EFT in multiple ways. 1. Holders of EFB are rewarded based in dollar volume of buys and sells. The reward is in the form of EFT. But unlike other projects that may send you a reward token. ETHfanToken "buys" the EFT from the circulating supply before sending it to EFB holders. This contributes to the volume of EFT which means every EFT gets rewarded with etherium for the purchase of their rewards for holding EFB. 💯 Absolutely Fantabulously Brilliant!!! But there is more... 2. A portion of the tax associated with each buy or sell of EFB is also used to burn 🔥 EFT reducing the supply & forever locking those tokens away from earning etherium rewards, meaning the rewards pie 🥧 is split with an ever shrinking rewards pool... and it gets better! I didn't mention that before burning 🔥 the EFT our beloved ETHFanToken "buys" that EFT... meaning holders of EFT also recieve pegged etherium for the volume associated with each burn. The third token offering in the chain of trickle down tokenomics is EFBP. It rewards holders with EFB and in the same fashion the taxes are used to buy rewards for holders in the form of EFB. At the same time a portion is also used to burn 🔥 EFB. And, yes... like the others ETHFanToken buys tge rewards and the tokens to burn so holders of EFBP, EFB & EFT recieve rewards for that volume all the way down the line. They recieve EFB, EFT & Etherium! EFBP started as a charity token and fulfilled that purpose, something we are very proud of and gratefull for all how pitched in to buy it. EFBP however will be changing to a much more rewarding token in the future. The details of which have not been released at this time. The ecosystem will be ever growing both with token offerings, as well as real world business ventures all of which will in some way (trickle down tokenomics, profit sharing used to buy and burn, apps, and other avenues) benefit to the Volume of EFB. There is so So SO much more... but the long and short of it is this: @ETHFanToken presents the best passive income opportunity I have ever seen and those who don't take advantage of it IMO will forever live with regret. And I am not alone in thinking this. our tg has a lot more info. checkout the dashboard also. you’ll get an idea of how many coins you need to hold to gain a certain amount of rewards based on volume. it’s a beautiful thing really. anyways as usual, NFA DYOR.

user_name_checks_out

> What happens if the EFT money starts to flow out and if companies never buy any? Bitcoin goes to zero, get out while you can

MarkoDavido

All the money flowing into EFTs and all the companies talking of buying but this just keeps the price around 107-111k. Is this not a bit shaky? What happens if the EFT money starts to flow out and if companies never buy any?

SpecialistAd5537

Coinbase will lock your account for even the smallest obscure breach of their terms of service. My account got locked because I did e transfer and EFT at the same time because I was over my transfer limit, this was seen as a breach.

senddita

It does nothing, the SEC and EFT can keeps kicked down the road.

cosmic_censor

ETH ETFs will come into their own when they get staking rewards. ETH holder can stake, re-stake, use any number of DeFi apps with their ETH that EFT investors cannot. BTC EFT investors do not have that same dilemma.

Firesoldier987

Ok. This really isn’t complicated. So the people that bought at $500-10,000 and who may be selling now are contributing to the spot price of BTC. Which has nothing to do with the post. That’s in reference to the guy I initially replied to. The trading volume of the Blackrock ETF is due to people buying and selling the EFT. Which is what the post is referring to.

MarkoDavido

Eveyone needs to take theirs off the exchange to affect the supply. If you want to keep on an exchange might as well buy EFT and have more protection and security.

BatterEarl

A talking head on CNBC said he just bought a BTC EFT. He said he doesn't think BTC has a long term future but he was making a high risk buy; FOMO.

420osrs

Can you self manage your 401k and buy the EFT? Let's say it's 20 years from now and you are going to draw from your 401k. You get tax benefits when pulling it out. What if btc is 1M in 10 years? You would have no tax on gains I think if you kept it on the 401k. 

Trickle2x2

I just DCA each paycheck. Every other week I throw $150 into my account on BTC. I look at it like this, if it’s all a loss it’s no big deal as I can live with being $150 short on each check. I could be gambling it or spending it on drugs. Instead I drop it into my account in hopes for a decent return one day. I also still heavily vest in EFT’s.

Nemesis35fr

Hey man…we won’t stop saying it but it’s best to do your own research. Buy and read books on trading and crypto. Go to chatGPT and ask for advice: based on your profile, the level of risk you want to expose yourself to, the resources you want to invest. To avoid cold sweats, especially at the moment, do DCA (you buy a small amount every week or month). On a personal basis, and this is not investment advice: I do DCA on bitcoin, EFT and gold mining, S&P500 and 2 or 3 of the Magnificent 7 (Alphabet, Meta, Amazon) Otherwise, for cryptocurrencies, I focus, still in DCA, on the top 10 and especially on stackable currencies. Don't buy any crap with a stupid name. Finally, I invested, again and again in DCA, in 2 bond ETFs. The objective is to diversify as much as possible and not to worry about it. Last point: starting at your age is a great opportunity and idea (which unfortunately I didn't have at your age). Above all, never invest more than you are prepared to lose and what you might need

CompleteOriginal5802

EFT brother

edouvele

Can’t address moronich thoughts here. Just focus on what is working best for you. As being said I need some monthly payments dividend stocks/EFT to build a portfolio that will be generating $2-$2.5k a month. Please help!!!

TwoLocations

Previous cycles haven’t had EFT’s factored in either though.

thesirenheta

Bitcoin only has a future if we believe in the future. Investing in the companies that support the future you wish to see in the world is the new democracy. The rise of corporate fascism will be studied as *we the people* chart our own destiny. Absolutely these guys could throw their money into these acct, set and forget, just like they do with everything else. Then act innocent like they didn't understand what happened when the EFT has holdings in Yahtzee companies. Are you investigating in yourself, or trading yourself away.

user_name_checks_out

> Be clever, buy an ETF Dumb advice. It is not going to be possible for him to set up an EFT in the name of his cousin's daughter.

user_name_checks_out

> Be clever, buy an ETF Dumb advice. It is not going to be possible for him to set up an EFT in the name of his friend's daughter.

solenico

Volatility is part of crypto. When BTC drops below 60k that’s when you buy more than normal. DCA other times. I have ~70% on EFT, funds, stock and gold. ~30% properties. What ever I have in crypto is less than 1%. I don’t really care if you believe in crypto or not. I’m going to keep on putting my money to all that even if you think you won something when the bear run starts. S&P500, STOXX600, NASDAQ, BTC they all go down just to come back up. It’s time to buy on drops. You have a lot to learn tulip boy.

Hot-Recommendation17

I am crypto hodler but EFT's - sory it's just stupid for me to buy jpges for hundreds of dollars

nugymmer

We had one smaller top and one bigger top a few months later. "2021" happened last year. That was Q5, Q6, Q7 and Q8. 2021 repeated itself, with the EFT creating more leverage in the second peak. Then we got fucked because that WAS the blow off top. We are in a bear market. They can deny it all they like. They can ignore the signals. They can bury their heads up their asses. There's no denying it. Bear.

KKlonewolfkin

Hey so I wanted to get in on Bitcoin but I don't have $90k. I bought $3k worth of the BTC EFT you're mentioning. I saw 'Key Risk' listed but I didn't know exactly what it meant so I may be a total sucker... I'm a serious rookie so if you have time and can educate me on what it means if the 'keys are lost' I'd be grateful. ....and any advice on how I would buy Bitcoin if I only have a few bucks? I know investing in Crypto is super risky and that I am safer putting my money in a solid stock or EFT but some part of me just wants to have a few bucks worth of it in case it becomes valuable in the future.

mrkenparry

The OP is an example of a ticker glitch, not the value of the EFT going to zero. Everything can go to zero but a glitch isn’t an example of that.

AllCapNoBrake

Ok, Asia decided to sell the news, so are US EFT investors.

Crazy-Lime-1768

40% in a good EFT 40% in HYS 20% higher risk assets (maybe even BTC) Not likely as lucrative as BTC but more risk tolerant and allll that good stuff. Worth thinking about for some of you

okisthisthingon

No you haven't, you've bought EFT's by the looks.

WhiteTanto

Everyone was excited when wehn the Bitcoin EFT was accepted. Now they don't like when it's price follows ups and downs of stocks.

nugymmer

My guess is you're right. Oh, and my instincts told me so not too long ago that this was the end. I think we're getting close. Like a big dip. Like a 30% BTC dip. Then another 30% BTC dip. Then another one. BTC goes to sub 50K in this bear market. It went down to 16K roughly on the last trough. I'd say we'll see about double to double and a half of that. So, anywhere from 32K to 48K, ETFs won't make any real difference this time or next time. Reason is because it was the ETFs that front ran the fucking car, and when things go badly south and they WILL, the EFT will be like the car where the bottom flew out from beneath it for several miles, leaving just the caboose. People think I'm an idiot. But I have seen lots of bad things happen to people who never lended an ear to their instincts. Never lended a brain to them. If you head is telling you something, you listen. If your arse tells you something, you listen. If you need to take a dump you gonna feel something, right? That's your gut saying "I need to go". So, going to the restroom and doing a #2 is like hitting that sell button. Sometimes you just gotta dump it because its gonna become toxic.

Fabulous_Bridge_4990

I 100% agree with you. In order for investing to be worth it, you need to start making real money from a business or a decent paying job and put substantial amounts of it away in index funds or EFT and just leave it for 10 years. For Crypto, you had to have gotten into it 10 years ago to have seen those 20x gains. That's not going to happen now and like you said, BTC will take a while to reach 200k and unless you play the game of compound interest with monthly contributions to dollar cost average your investment, no, your small amount of money doubling isn't going to impress you much. Most people lose money in crypto, mainly because they're impatient or tinker around with their portfolio too much and try to beat the market.

Equivalent_Safety269

Hi i suggest buy you buy Litecoin and hope it gets approved as EFT.

Sorrytoruin

Eth EFT just had 6 days of net positive inflows https://www.thecoinrepublic.com/2025/02/08/spot-ethereum-etf-sees-sixth-day-of-inflow-why-is-eth-bearish/

Numerous_Ruin_4947

That was offset by Fidelity's FETH which acquired $20.1 million. And even Grayscale's Mini EFT (ETH) acquired $5.2 million on the same day! Inflow has been positive the past 6 days, with a whopping $307.8 million on February 4th. Stay positive! [https://farside.co.uk/eth/](https://farside.co.uk/eth/)

RatFacedBoy

It is very easy. Only buy bitcoin. Coinbase makes it easy. If you have an IRA or brokerage account you trade in, buy IBIT, a Bitcoin EFT. Once you buy some just hold it and add as you have more to invest. Stay away from shit coins.

Only_Fix_2438

Crypto is sketchy to me. I would invest in other areas, EFT, are a great area to start with., especially if your younger.

AllCapNoBrake

Wait until tonight when Asia wakes up, then tomorrow when EFT's get to sell off.

AllCapNoBrake

Because Asia will sell tonight when they wake up, then EFT's will sell tomorrow morning before it goes lower.

your_unpaid_bills

I might be wrong here, but EFT holders selling shouldn't affect the price, unless the investment firm that manages the EFT (e.g. BlackRock) actually sells... but even they did, they would do it OTC, just as how they bought.

Super_Iron6408

BTC seems to be the main play now. Recently we did get a glimpse of a mini alt season. Institution's and EFT\`s aren't going to pump alts and meme coins, except maybe a few big trusted alts Solana etc. FOMO could bring retail in though to pump the alts as well as embedded crypto users rotating into alts after BTC because of the historical narrative. So to answer alt season could come again after BTC dominance falls, but there\`s a risk if you wait to long that could be heading into the bear market.

LHTNING33

Hbar is the one I like, with its governing council, lodgement of EFT (opening the door to shares), and recent announcement of use with AI. I tend to look into the crypto that has real world use and that I think will exist longterm. It pays to do some research and read into them a bit before you make a decision.

Tumifaigirar

People like you should stick to EFT at best

TomorrowSalty3187

I was looking at Fidelity BTC EFT FBTC. I may actually buy it in my Roth IRA but continuing DCA BTC.

Nice-Supermarket-799

People like you have been yammering this same old song and dance for years. When BTC hits $250,000.00 you'll be whining like a little bitch. Do you not understand EFT's? What you don't have a clue about would fill a dumpster. It would be best if you kept your dumb-ass opinions to yourself. Why wait until January? It stands to reason that a genius like yourself might want to sell at the top.

Ok_Respect_1945

Serious talk about market caps: How much money is there in the world? Golds market cap is 10x Bitcoins. And what is a reasonable market cap for all of crypto with EFT:s compared to other assets in the world?

Additional_Ad_5970

I just read an article on them wanting to make xrp the next EFT so that could be the hype. I can see 5 to 6 dollars this run before a rug pull. Some of us are holding a lot.

Icy_Caterpillar4834

All Bitcoin needed was an EFT, boomers needed suits not meme coins. The boomer money is coming, they just needed to be sold correctly. I'd said boomers will go nuts with it, they have the money

exitof99

I've often wondered this and would guess it's two classes: those jumping in due to the recent activity and institutions that simply must buy as part of their needs. BlackRock has to buy BTC as part of their EFT offerings, which in itself is fueled once again by those jumping in due to recent activity, but has a layer of abstraction that allows normies to invest easily.

No-Pepper6969

Login to QT, go to Management, Account Management, select you previously opened margin account, activate the Margin power and link it to your TFSA. I get an Max Buying power which seems to be double of what I own and depending on what I buy, I get 50%(BTC EFT or 30% (MSTR) of that power to buy stocks. Basically, you get half of what you have in you TFSA. I'm DCAing some ETF weekly and playing with MSTR BITX SBIT directly. I might try MSTU next week. I journaled some FBTC to FBTC.U to get USD power. I suggest you read the QT docs for more precise info.

Frey-256

This is how this will go, ETH EFT will be and run will be so crazy ! Now load on eth much as u can!

Blooberino

Back in March, chatgpt-4 said based on a diminishing pattern, a 300-500% increase from the price at the time ($67k), which would make the peak $268k-402k. But that was right as the boost from the EFT was going strong. I'm going to be pessimistic and say that pattern of 300-500% should be based on around $40k, which is where it was before the ETF. So that's $120k-200k.

Electrical-Sail-1039

I feel the same. I use the EFT and split the money in different accounts when I buy from Robin Hood. I don’t trust myself. Someday I’ll learn the proper technique when I have more time.

R4ID

>How is it incorrect? Ahem. "you guys literally deserve to get rug pulled if you still think you’re crypto project will open up for ETFs" You're telling others they "deserve" to get rug pulled for thinking ADA will ever be in an EFT... meanwhile ADA is already in an ETF. You're actually to brain dead to even have a basic conversation with. i wont be reading the rest of ur nonsense because youve proven to have the IQ of a potato.

Top-Squash6558

The fact that there is not a single other option to ensure your money won’t lose value over time. Corruption and the money printer won’t stop and the legalisation due to EFT’s makes it irreversible.

deJuice_sc

When you buy into an ETF you're not actually buying any bitcoin, you're buying the idea of betting on bitcoin and your 'investment' is based on the increase you might see bitcoin run for while your money is sitting in the EFT, less fees and taxes. You didn't buy any bitcoin, you bought exposure to potential gains.

AmongTheElect

I'm buying either way. After ten months of "any time now" maybe this cycle is different and maybe options trading and the EFT mean we don't even get the mega-rally we're all hoping for. And if that's the case, I guess I'll go down with the ship with everyone else.

Electrical-Sail-1039

Okay, I don’t know how old you are and how much you have invested, but the “not your keys” trope is frustrating for those who have money in retirement accounts. Would you forgo employer matching? Would you get walloped at the highest tax rate instead? If not, you are left with EFT’s. They generally increase as btc does, so what’s the problem?

RevolutionaryBug5997

Microstrategy over the EFT every day

rusty0004

Retail buys EFT = no more parabolic pumps

Dmo32

The public vs the wealthy. The public wants wide adoption, the wealthy want to use it as a store of value. If institutions like BlackRock keep hoarding and getting investors to buy BTC EFT, it's pretty much an investment. Regardless of whether BTC is valued, you'll always be able to use it for transaction purposes but making gains is becoming harder and harder. Anyone that invested into BTC wouldn't think buying stuff with BTC Is the right move. They want to store their value.

BlackjointnerD

No...there will be many cross chain protocols. Do you know how many payments systems there are? EFT, SEPA, BACS ,BECS, ACH etc etc.... You dont understand how complex money is or how much of it there really is. It will be successful but it has won anything but maybe some market share

Ok-Suggestion-7965

I think people on the left used to really be excited about everything he did. Nowadays the EFT wouldn’t piss on him if his teeth were on fire. I don’t think people on the right have ever been that excited about him.

Weak_Housing5174

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sirebral

Not comparing, just asking about my thoughts. I am holding. I'm far enough ahead it doesn't really matter to me. Yet I think it's become a more scary asset for many EFT investors and that was supposed to be somewhat the opposite of when the EFTs were introduced, as I understood it. It's gained more of a tie to the core market and has less ties to the goal of a deflationary currency. With the fed chopping rates (soon) and the potential for a recession it seems it should be strong, yet it can't hold critical supports. Not a detractor, just wondering if it will make sense to me again at some point.

sirebral

I started mining pre ten cents. It's never been my core hobby, yet it seems that BTC is much more closely following market trends than it used to. I still see it's core asset as a deflationary currency being one I'd its top qualities, yet I don't think many of the EFT investors actually understand the technicals of the base currency. Therefore my observation is the trajectory has become more tied to overall FUD and diluted for those who have technical knowledge of the basis. Not that I'm on a high horse. I just haven't seen it add much unless you're playing with a whales hand and can take earnings that are worth taking.

AdFormal8116

Yes ‘historically’ this is the issue, EFT pump is new

ThatCherry1513

First of all congrats on being awake at 16. 👏👏👏👏 Crypto mining is tough check out like other people have said YouTube for tips. An actual miner is better than a pc rig and a load of gaming cards. I’m Turning my rig into part crypto part miner and more machine learning. However, I lose a lot on the cost of electricity power. If you can mine BTC in the future, you may get your money back. Anything else could be a lose-lose. If I’m honest and depends on your funds play about but risk what you can afford. I personally how to invest and this is not advice it works for me. Is different pots and split 10% - 15% of my income into. 1. Short-term fire fund 2. Stocks and shares - EFT, dividend and anything I love or know about the tech and the science behind it! 3. House pot or buy to rent/buy let pot 4. High risk - crypto and high-risk stocks - maybe one meme coin. I am a dollar-cost average investor so I put in a big Chuck or what I can afford to start with. Then each month compound that with £10, £20 £30 £50 and £100 or more if you have the Funds Risk what you can afford most people waste £100, or £200 on a night out and say investing is too Risky 😂 Ffs sake they’re stupid! Back to the crypto! Do this each month to get a little bit of 1. Btc 2. Eth 3. XRP - we live in hope 🚀 And play about with the rest! You're 16 you're in the game at half my age! Play the long game and look at all the options keep researching chatting and learning! Good luck 🫡

Nimoy2313

I might get hate, if you set up a brokerage account for them. You can add the EFT to a tax advantaged account or normal account. Also if you want to set up a Roth or 529 it will all be in the same place for them.

Proverb313

other than the sea of memes there's a project named XIHS on solana it's on coinex for now. idk what it does exactly but it's non meme :) scooped 50 bucks worth of it . so yeah why a solana EFT?

Seattleman1955

I have a house, a stock market index EFT and Bitcoin. They are each roughly equal in weighting.

1BLEES

Fr. Who would have thought the EFT approval for ETH would be its undoing. I was expecting a drop to the 2800 resistance but what the actual fuck is this.

BeYourOwnBankzy

The American government has authorised EFT Bitcoin. It has become a political talking point, with presidential candidates fighting for its approval. And J.P Morgan just authorised it’s 150,000 financial advisers to offer it to their clients. There is now talk starting g about it becoming a reserve asset. So I disagree with your premise that governments are becoming increasing threatens by it. They are not.

Beneficial-Fox5361

Kept a bit, but not much. I have however been laoding up on the Fidelity EFT for about a year now and thats grown quickly with 401k etc. Ill be able to increase now my monthly purchases.

morrisdev

That's probably what he means, since the inclusion of crypto in the SEC and congressional hearings to standardize it and the EFT movements to accept it as more secure investments and the committee formed to investigate using it as an hedge for inflation and basically all advancement to date has happened under Biden. But.... You know... Trump talks about it and takes as much as he can get from it. Honestly, I'm just so unbelievably disappointed in the entire process. I've made a lot of money and still have a lot of crypto, but it's so frustrating to have people tell me it's a ponzi scheme and use the fact that it isn't regulated as some kind of proof.... Ugh. And then we have the "bros" who seriously have absolutely no idea how these programs actually work and how they're like .0000000001% of their actual capability now ONLY because people are so suspicious and won't use it *within applications*. That's where the money is. ETH could be the financial version of AWS but instead..... Nope. I have clients dropping MILLIONS of dollars in financial and logistic apps with Azure literally hard coded in place. That could easily be the case with smart-contraxt able crypto, but no. My clients think it's just another fckin Meme coin, a trump fundraiser tool. They think I'm crazy for pushing for that instead of automating ACH transactions. It kills me to see it right there and not get used because the most popular crypto is Bitcoin, which doesn't do smart contract and doge, a meme coin, and that idiotic trump coin. They just think I'm nuts to suggest it. So.... For the love of God. Find some dem politicians who will champion this as a tool with serious security and controls in the economy and NOT people cashing in with their meme coins and pandering for votes with zero intention of help. It will be a small subset of politicians on the majority side that will do this. Most won't touch it with a 10' pole because they'll lose votes.

DpremierX2

Sideways EFT. New plan going forward

DpremierX2

Sideways EFT. New plan going forward

Adius_Omega

That's why this entire discussion exists. It's to make sure that there's never a reason to need to reverse a transaction. It's to ensure that your Bitcoin is so unbelievably safe that there's simply no way anyone could ever steal it because you've established so much security. Of course someone could always just come to your house and force you to give up the Bitcoin, that's something that is much more secure when you use a 3rd party EFT.

alineali

It is not that it does not affect price at all. It is just not that significant part of the BTC market, and also buying pressure is felt with some delay because settlement itself is delayed a bit. But EFT is required to buy btc.

fou21

Y'all think ETH EFT will make ETH pump? Its due tommorow right?

RandomA55h013

All the regs on that sub are just bitter, stupid, and insane. Imagine the level of delusion you need to constantly see BTC perform well and continue to spin everything into a negative. A few weeks ago when we were in the mid 50's they were going on about how the whales are dumping it and the EFT's are trapped or something similarly stupid. While they were doing that I was buying more as it was a better price than I expected to see ever again once it cracked 70k. Won't be long until we're back there again. Funny thing is, even when it's 100k, even when it's 1 million, I'm sure if we go on Buttcoin we'll see them talking about how it's all about to crash and it's been a set up and blah blah blah. Such clowns.

Soggy-Welder2265

This will go to the moon 16 million coins is so few coins Just think for one min. If just 1/5 of all the people on Reddit would buy .16 of a bitcoin we would hold the whole world supply. That just $10,500 usd person. Once the rocket 🚀 leaves the pad this time all the bandwagon fans will be scooping up the EFT because they feel it’s safe. Buy baby buy

detcadder

I sold some to max out my IRA, I figure I'll kick it all to the EFT when the price reaches its low.

SubjectSpecial9581

$KENDU is a nice play. The cycle is similar to $SHIB. Many of us would pay anything to grab $SHIB at $100M and Hold. I also believe the delay on ETH EFT will help the Bull Run. Once this is approved be end of month, all ETH coins will soar.

Ok-Western-5799

>I’ve selected some coins to invest like ETH, INJ, and OCEAN Protocol You have great tokens here, particularly ETH as we expect good fortune from EFT approval. ​ >what are the top coins that you can think have the potential to go up this year RAM did 60x recently, SOL would reach $200, PEPE and other memes are in a frenzy, while ONDO and RIO are building massively. Here's my two cent.

monkmatters

EFT confirmation will send this flying, don’t wait for a lower entry, if you’re going to buy do it. DYOR. 🐵✂️

Cybernaut-Neko

If you're going for the mains you might as well buy the EFT's if you want to invest big, join a defi dao or pay somebody to make you a trading bot.