1Anno·

What do you think of $IBIT ? I'm thinking about investing 200€/month in crypto only. I started a few months ago (different coins) and it's fun. However, buying Bitcoin directly is currently too hot for me.

So, would you prefer to invest directly in coins or in the Bitcoin ETF?

Thank you!

22 Commenti

Pope Donkey XXI@DonkeyInvestor

1Anno

Are you a resident of the USA?

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InvestorGorilla@InvestorGorilla

1Anno

@DonkeyInvestor no. Is that the only way? I have just read about the ETF, but not that it only works with a WS in the USA 🤔

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Pope Donkey XXI@DonkeyInvestor

1Anno

@Enea91 is not authorized in the EU. Why would an ETF be better than holding Bitcoin directly?

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Krush82@Krush82

1Anno

@DonkeyInvestor 1 piece of ETF costs only 33$ and not 60k😅

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Pope Donkey XXI@DonkeyInvestor

1Anno

@Krush82 1 unit ETF = 1 unit ETF

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Utente eliminato

1Anno

Il commento è stato cancellato

Krush82@Krush82

1Anno

@stayhydrated if you knew me, you wouldn't have asked that now

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Joris@Joris

1Anno

Why is it too hot to invest directly in Bitcoin and ok to invest in an ETF (in DE only ETP/ETC) that costs management fees every year and you don't even have the advantage of the one-year holding period? That would be way too hot for me.
There are so many good crypto exchanges. I am Bitvavo and very satisfied.

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InvestorGorilla@InvestorGorilla

1Anno

It was just about the entry opportunities, at around 60k it is difficult for me, then I only buy a fraction. I can easily get into ETFs.

I've been trading crypto since the end of January, I'm on Coinbase.

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Krush82@Krush82

1Anno

@Enea91 You don't have to buy a whole bitcoin. You can just as easily buy a few fragments (satoshis).

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InvestorGorilla@InvestorGorilla

1Anno

@Krush82 sure, but the price is still the same...too high 😅

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Krush82@Krush82

1Anno

@Enea91 somehow none of what you're saying makes any sense. Or do you think that the ETF price will soon be at 60k?

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InvestorGorilla@InvestorGorilla

1Anno

I realize that myself...so again. I know I can also buy Bitcoin fractions, the question is whether I should do that or put it in a Bitcoin ETF? Yes, the hope is that the ETF will give me a better return.

I'm new to the whole topic though, so feel free to correct me. Thank you!

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Investment P.@123_456

1Anno

@Enea91 The price of the ETF develops in exactly the same way as that of Bitcoin, rather worse because you have additional costs with the ETF that do not exist with a direct investment.

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Staatsmann@Staatsmann

1Anno

The thing has no German approval and is therefore not tradable here.

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T-Mac@Compoundwithme

1Anno

I would buy Bitcoin first, at least a quarter coin,(forget the price it’s exponential it will go up) but I bought some two day ago, It obviously has amazing upside since its holdings are 100 percent Bitcoin. Besides this I’ll flip and buy when I feel, my Bitcoin is in my almost/never sell portfolio, Buy with confidences, this ETF will show tenacious upside over time, I believe.

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Denis S.@Schneidi1985

1Anno

There are ETCs or ETPs that are tradable in the EU, e.g. GB00BLD4ZL17

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madtao@madtao

1Anno

can someone explain to me what is the purpose of an ETF on bitcoin only? maybe I didnt understand it corectly, but as i see this:
you buy an ETF with a yearly cost so they hold bitcoin for you.....why not just buy bitcoin yourself with 0 cost instead?
I can see the purpose with gold, so you dotn have to physically store gold yourself with all risk involved. nowday is pretty safe to store bitcoin by yourself

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Denis S.@Schneidi1985

1Anno

@madtao These are my reasons: When buying BTC, there are significantly more costs than buying an ETF. As e.g. €1.200 p.a. via savings plan. Costs Coinbase e.g. 12 x €3.84 = €46.08 fee + €14.40 spread = €60.48 plus the fee for selling. For an ETF, the costs for an investment of €1,200 are 0.35% TER and 0.28% spread = €7.56 and of course you don't have to worry about securing the BTC.

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madtao@madtao

1Anno

@Schneidi1985 oh ok it make sense

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Denis S.@Schneidi1985

1Anno

@madtao
So these are my reasons why I don't invest in BTC directly but in an ETF / ETC

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Thoŕton@Notroht

1Anno

$IBIT is tradable in Switzerland. I've even had it in a 3A pension plan at 5% since the beginning of the year, rebalanced = profits are skimmed off and put into the other ETFs...

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