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CRPT ETF
Posted on 7/28/24 at 11:46 am
Posted on 7/28/24 at 11:46 am
Anyone have knowledge of this ETF?
A FA made a purchase recently and it got my attention.
A FA made a purchase recently and it got my attention.
2
Posted on 7/28/24 at 6:13 pm to OTIS2
It invests at least 50% in Crypto Industry stocks and the rest up to 80% in the Digital Economy. Morningstar has the top 10 holdings which are 80+% of the fund. 30 total holdings so pretty concentrated. Not my kinda thing but to each his own. Good investing.
Posted on 7/28/24 at 6:16 pm to OTIS2
An ETF still charging almost 1% that is invested in crypto publicity traded companies like miners and exchanges that couldn't even make money in the best of times.
If you want to invest in crypto don't pay someone a bunch of money to invest in the middle man companies.
However, I would suggest buying lottery tickets over investing in crypto.
If you want to invest in crypto don't pay someone a bunch of money to invest in the middle man companies.
However, I would suggest buying lottery tickets over investing in crypto.
Posted on 7/28/24 at 7:34 pm to UltimaParadox
Are your lottery tickets up 500% over the last 5 years like BTC is? What a dumb comparison lol
Posted on 7/28/24 at 7:41 pm to Catfishmt
quote:
What a dumb comparison lol
There is a difference between investing and gambling. Lottery and crypto are both gambling
This post was edited on 7/28/24 at 7:42 pm
Posted on 7/28/24 at 7:51 pm to UltimaParadox
I actually don’t disagree that it’s more like gambling. I just think the market is paying out 200:1 odds for a 2:1 proposition.
Posted on 7/28/24 at 9:54 pm to UltimaParadox
quote:
There is a difference between investing and gambling. Lottery and crypto are both gambling
The risk of crypto is high but risk tolerance is a sliding scale. If you have a lot you don’t want to risk it. If you don’t have much you can’t go backward. Falling off the bottom rung of a ladder doesn’t hurt. Falling from the top does. That’s just my opinion on it.
Posted on 8/3/24 at 6:47 am to HottyToddy7
Seems like a good ETF. Priced well at only $12.00 a share.
Posted on 8/3/24 at 9:08 am to Paul Allen
quote:
Seems like a good ETF. Priced well at only $12.00 a share.
This sums up the average crpt etf investor. Clueless
Posted on 8/3/24 at 9:39 am to UltimaParadox
Thanks for your input.
Posted on 8/3/24 at 11:35 am to Paul Allen
quote:
Thanks for your input.
If you don't understand how share price is completely meaningless to the context of this discussion. Then I highly suggest you seek a fee only financial advisor to help you.
Please do not go back to the paid shills on YouTube and Reddit for financial advice. I have nothing to gain from telling you this, so keep that in mind when evaluating your situation
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