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The potential for a Bitcoin spot ETF is within touching distance, and its impact on the cryptocurrency market could be just as transformative as the introduction of the SPDR Gold Trust. Just as the gold ETF provided investors with a convenient way to add gold to their portfolios, a Bitcoin spot ETF could pave the way for widespread adoption of Bitcoin as a mainstream asset class. The SPDR Gold Trust's launch ushered in an eight-year bull run for gold, and a similar surge could be in store for Bitcoin with the introduction of a spot ETF. This is a pivotal moment in the history of Bitcoin, and it could mark the beginning of a new era of financial freedom and innovation.

PS BTC IS A LOT HARDER THAN GOLD

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Anonymous

Give me the FOMO! I am ready!!

Anonymous

I've been stacking bitcoin for 3 years now and always stopped buying around 45k, but maybe this strategy is wrong. Should I just buy forever as there is no harder asset, perhaps maybe a one off Picasso?

Anonymous

I felt the same way but my attitude now is I'm going to buy BTC every single day until the price is in the millions. I'm going to keep my liquid money in BTC too, i.e. my emergency fund. If a major expense comes up I'll sell some BTC and pay for it. I look at it as if I'm switching currencies now from dollars to BTC. It won't just be an investment but a new monetary system. I guess I'm all in now like the Bitcoin O.G.s.