Should we buy Bitcoin or Bitcoin Spot ETFs?

[alexanderr]

There are some differences between them that i know:

• Buying on cryptocurrency exchanges is Bitcoin, buying ETFs is a security backed by Bitcoin.
• If you buy Bitcoin on crypto exchanges, it's your Bitcoin and you can send it to someone else or move it to your personal wallet.
• If you buy ETFs then you can only sell and take money, you won't be able to take that Bitcoin to move or store.
• Buying or leaving ETFs on the exchange, if you have any problems, you can contact the stock exchange. If you hold your own Bitcoin, you must handle it yourself and take responsibility for any issues.
• Fees on exchanges are transaction fees, meaning buying and selling fees, so it's higher when you buy Bitcoin. The ETF's fee is a management fee, meaning that if you don't buy and sell, you still have an annual fee, so it will be lower.

Please consider carefully before choosing. If you hodl for the long-term, buying Bitcoin directly will still be more profitable.

 

[k2h2]

Personally, bitcoin is more suited for me. It will be hard to use ETF for buying online services like hosting and domains which marketers like us need frequently.

 

[Gurusocial]

There are some differences between them that i know:

• Buying on cryptocurrency exchanges is Bitcoin, buying ETFs is a security backed by Bitcoin.
• If you buy Bitcoin on crypto exchanges, it's your Bitcoin and you can send it to someone else or move it to your personal wallet.
• If you buy ETFs then you can only sell and take money, you won't be able to take that Bitcoin to move or store.
• Buying or leaving ETFs on the exchange, if you have any problems, you can contact the stock exchange. If you hold your own Bitcoin, you must handle it yourself and take responsibility for any issues.
• Fees on exchanges are transaction fees, meaning buying and selling fees, so it's higher when you buy Bitcoin. The ETF's fee is a management fee, meaning that if you don't buy and sell, you still have an annual fee, so it will be lower.

Please consider carefully before choosing. If you hodl for the long-term, buying Bitcoin directly will still be more profitable.

BTC is more profitable

 

[InCid]

There are some differences between them that i know:

• Buying on cryptocurrency exchanges is Bitcoin, buying ETFs is a security backed by Bitcoin.
• If you buy Bitcoin on crypto exchanges, it's your Bitcoin and you can send it to someone else or move it to your personal wallet.
• If you buy ETFs then you can only sell and take money, you won't be able to take that Bitcoin to move or store.
• Buying or leaving ETFs on the exchange, if you have any problems, you can contact the stock exchange. If you hold your own Bitcoin, you must handle it yourself and take responsibility for any issues.
• Fees on exchanges are transaction fees, meaning buying and selling fees, so it's higher when you buy Bitcoin. The ETF's fee is a management fee, meaning that if you don't buy and sell, you still have an annual fee, so it will be lower.

Please consider carefully before choosing. If you hodl for the long-term, buying Bitcoin directly will still be more profitable.

The whole point of bitcoin is “being your own bank” so from my perspective having any 3rd party hold your asset goes against the whole idea of decentralized finance. I’m holding BTC in my cold wallet.

That being said I can understand the older generation, who might not be as tech savvy to feel more comfortable holding the ETF. I’m glad there’s an option, BTC should be accessible to everyone.

 

[alexanderr]

Personally, bitcoin is more suited for me. It will be hard to use ETF for buying online services like hosting and domains which marketers like us need frequently.

yeah, i also think bitcoin will be more convenient

 

[alexanderr]

The whole point of bitcoin is “being your own bank” so from my perspective having any 3rd party hold your asset goes against the whole idea of decentralized finance. I’m holding BTC in my cold wallet.

That being said I can understand the older generation, who might not be as tech savvy to feel more comfortable holding the ETF. I’m glad there’s an option, BTC should be accessible to everyone.

yes, people investing in ETFs will need to understand more about technology

 

[alexanderr]

BTC is more profitable

i think so

 

[lotsofmoney]

BTC is more profitable

Why? The value of BTC etf is also backed by bitcoin.

 

[MoonStarz]

both are good the problem is that people want to move BTC no keep it store, that is what I think but being honest never thought about those pros and cons I just saw it for convenience, the easy way.

 

[Thunderproxy]

There are tax benefits of buying an ETF.

 

[J0E]

Let's zoom out for a second and remember why Bitcoin was created: it's decentralized money, free from traditional financial control. You can send Bitcoin anywhere in the world, fast and cheap.

Does an ETF offer that? Nope!

I would stick with BTC, holding self-custody of my own private keys every single day.

 

[alonelywriter]

Buy meme coins. Instant profit.

 

[SEORangerTeam]

depend on your financial goals. Bitcoin directly involves owning the cryptocurrency, while Bitcoin Spot ETFs offer exposure through a fund. both options, consider your investment strategy, ...

 

[doubledhamal]

Buying bitcoin has more advantages like it can be done without any paperwork and selling is also instant on mobile itself.

 

[alexanderr]

Buying bitcoin has more advantages like it can be done without any paperwork and selling is also instant on mobile itself.

yes, the convenience of Bitcoin is very clear

 

[alexanderr]

phụ thuộc vào mục tiêu tài chính của bạn. Bitcoin trực tiếp liên quan đến việc sở hữu tiền điện tử, trong khi Bitcoin Spot ETF cung cấp khả năng tiếp cận thông qua một quỹ. cả hai lựa chọn, hãy xem xét chiến lược đầu tư của bạn, ...

sure bro, I will consider carefully when investing

 

[alexanderr]

Hãy phóng to một chút và nhớ lại lý do tại sao Bitcoin được tạo ra: đó là tiền phi tập trung, không bị kiểm soát tài chính truyền thống. Bạn có thể gửi Bitcoin đến mọi nơi trên thế giới, nhanh chóng và rẻ.

ETF có cung cấp điều đó không? Không!

Tôi sẽ gắn bó với BTC, tự quản lý các khóa riêng của mình mỗi ngày.

I respect your choice bro

 

[alexanderr]

There are tax benefits of buying an ETF.

oh, can you tell me about it more clearly?

 

[Thunderproxy]

oh, can you tell me about it more clearly?

I'm not an American so I don't know much about it, sorry.

ETFs and Taxes: What You Need to KnowCharles Schwabhttps://www.schwab.com › learn › story › etfs-and-tax...

You can read some info here if it is relevant for you

 

[alexanderr]

I'm not an American so I don't know much about it, sorry.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjog9CkzeuDAxXZiv0HHa0ODHEQFnoECBcQAQ&url=https%3A%2F%2Fwww.schwab.com%2Flearn%2Fstory%2Fetfs-and-taxes-what-you-need-to-know&usg=AOvVaw3ZdG79Y0-9eO0dRjCW5PXb&opi=89978449

You can read some info here if it is relevant for you

thank you so much bro, I'll find out more about it