92% of Indian retail traders lose money in F&O.
But look at this number: 39 BILLION.
That’s how many F&O contracts were traded in India last year.
If you’re trading on a "feeling," you are just fuel for a 39-BILLION-CONTRACT MACHINE. 📊
A thread (1/6)🧵
Historic! The US SEC approval of #BitcoinETF marks a monumental shift in the financial world. It's a watershed moment for crypto and will bring in a new wave of investors. Now, even the most cautious funds and the titans of Wall Street can tap into Bitcoin's potential.
⚡️Expect a retail influx:
An ETF will be the simplest form of Bitcoin exposure for retail users. Investors can seamlessly benefit from Bitcoin price movements without the complexities of digital wallets or drastic investment strategy overhauls.
Imagine the impact if 401(k) retirement plans start investing in Bitcoin ETFs. These funds manage a staggering $6 trillion for about 60 million Americans. That influx of retail investors will familiarize crypto even further and help onboard millions of new users to crypto.
⚡️Institutions to enter DeFi:
A Bitcoin ETF will also spur institutional adoption of crypto. High-frequency trading firms of Wall Street actively arbitrage on regular ETFs—trading on the difference between the face value and the underlying value.
These institutions will find new opportunities in crypto: Unlike the traditional trading hours of ETFs, the crypto market is round-the-clock. Expect these giant trading firms to become more active on DeFi in the coming years.
⚡️Gold standard:
While ETF news could bring some short-term volatility in the market, the bigger picture is the long-term potential. For comparison, Gold prices quadrupled since the SPDR Gold Shares—the first US-traded gold ETF—went live in 2004.
Bitcoin is also widely referred to as digital gold, and even scarcer with a capped supply of 21 million. With the growing demand for Bitcoin as a store of value, analysts predict strong potential for value appreciation in the long term.
Not financial advice. DYOR.
Social media destroys nuances due to its need to make content short.
This creates a unique generation which feels confident on their half-ass wide range knowledge acquired via reels/tiktoks.
Just dropped: API trading on CoinSwitch PRO! 🚀
Trade more, pay 0% commission and win ₹1 lakh by trading or simply by inviting your friends in.
Exciting right? Click here to get exclusive access TODAY --> https://t.co/inh4z3iF8z
No Business Background
No Pedigree education across the team
No VC/PE
No Advertising spending
No Spamming customer
@zerodha is an example that a successful business can be built by not following the norm, by average folks with common sense wanting to solve a problem.
🚨BREAKING!!!!!
@GOPMajorityWhip TORCHING Gary Gensler and highlighting his and the SEC's complete and utter failure to protect ANY retail investors whatsoever
And lack of regulatory clarity + hostile enforcement against crypto in the US is pushing innovation offshores including but not limited to China
Gensler should be removed immediately.
#crypto #BTC
Iran and Russia to issue a new stablecoin backed by Gold.
Damn, if this picks up could be day 1, event 1 of establishing a new economic order everywhere.
No idea why it's getting no oxygen from the global press...
You had questions. We’re here with answers on our proof of reserves, wallet addresses and more. Trust and transparency are of the highest importance for the crypto industry—now, more than ever before.
Thrilled and proud of the entire team. #CoinSwitchPro is ON! That's months of hardwork and dedication right there. Try it out and fly to the moon 🚀 https://t.co/Fe241KDZqc
#SwitchToPRO@CoinSwitchKuber