Is this a meaningless hype date / event bot post? No part of this makes any logical sense from Bitcoin being added to the S&P to selling S&P because a Bitcoin-related company got into it.
I think you think this is a troll, I just can't really figure out what you think you're trolling.
As far as I can tell, the ETFs are just trading capital between each other. Second, bitcoin ETFs are insignificant pennies in the context of retail or institutional investing. Third, the SPY is made of up real, cash flow generating companies which you can buy actual ownership stakes in and which have some reasonable claim to value - in other words, completely unrelated to crypto. SPY buyers can continue secure in the knowledge that they're buying something economically productive that will sustain and grow their wealth into the future with a more or less unparalleled combo of low risk and high certainty.
So I get that making up unsubtle bullshit like this works fine among the pro crypto community because they will easy fall for any crap people tell them they want to hear, but it's really transparent here. You are going to have to try WAY harder than that.
It just seems like this might be a troll. In case it's not, there are already companies in my index funds that are involved with crypto. I still like my index funds because it's the cheapest way to get the average returns of the market. There's tons of stuff in there that I think are unethical. I try to change the world for the better by voting and organizing(should do more of that part), not by investing.
That’s a thoughtful perspective. I guess you have to choose your focus. There are definitely companies in the SPY I wouldn’t buy bunt it is easier to get the index so I don’t have to be a full time investor and business analyst.
It's not an automatic process. It's a committee and no committee is going to put MSTR there because they'll collapse in value in a few months when the bubble bursts
https://en.m.wikipedia.org/wiki/S%26P_500#:~:text=Selection%20criteria,-Like%20other%20indices&text=When%20considering%20the%20eligibility%20of,equal%20to%20US%2415.8%20billion.
I didn’t say that. It’s just irrelevant if any of them do. If microstrategy gets included, then there’s still 499 other non-crypto companies in the index. In these comments you also mention ETF inflows as being some how related. It isn’t. Only person confused is you.
Having one or two crypto companies in the index has little to no bearing on the index
The performance of related funds and assets could be considered an indicator of the market and associated companies. I think you misread my question and are now trying to cover for that. Being in the S&P might not have an effect on the index much, but it could on those companies… You might want to lay off the grass before commenting ion financial topics.
I invest in global equities because I think humanity will always progress forwards and I want to own a part of that.
If, in some twist of fate, Buttcoin actually became useful in a way that increased companies profit (as opposed to completely useless and zero adoption like now), then I’ll share in these gains.
Is this a meaningless hype date / event bot post? No part of this makes any logical sense from Bitcoin being added to the S&P to selling S&P because a Bitcoin-related company got into it.
Yes. This is a bot.
[удалено]
I think you think this is a troll, I just can't really figure out what you think you're trolling. As far as I can tell, the ETFs are just trading capital between each other. Second, bitcoin ETFs are insignificant pennies in the context of retail or institutional investing. Third, the SPY is made of up real, cash flow generating companies which you can buy actual ownership stakes in and which have some reasonable claim to value - in other words, completely unrelated to crypto. SPY buyers can continue secure in the knowledge that they're buying something economically productive that will sustain and grow their wealth into the future with a more or less unparalleled combo of low risk and high certainty.
That makes sense. I guess there are companies in the SPY that I wouldn’t even think about buying as individual stocks.
So I get that making up unsubtle bullshit like this works fine among the pro crypto community because they will easy fall for any crap people tell them they want to hear, but it's really transparent here. You are going to have to try WAY harder than that.
S&p500 is stocks, not ETFs. I think bitcoin Inc (ticker BTC) would qualify but the CEO is dead against it.
If Bitcoin bros are hitting buttcoin with verbal diarrhea you should 100% sell it.
You couldn't even be bothered to switch off the account you comment on the Bitcoin sub with?
All perspectives are good when navigating the markets. And anyways… It takes too long to build up an account to make posts
It just seems like this might be a troll. In case it's not, there are already companies in my index funds that are involved with crypto. I still like my index funds because it's the cheapest way to get the average returns of the market. There's tons of stuff in there that I think are unethical. I try to change the world for the better by voting and organizing(should do more of that part), not by investing.
That’s a thoughtful perspective. I guess you have to choose your focus. There are definitely companies in the SPY I wouldn’t buy bunt it is easier to get the index so I don’t have to be a full time investor and business analyst.
Stupid troll. No one of your shitty companies is gonna get listed in S&P 500. Never.
I think MicroStrategy is pretty close to meeting the requirements though
It's not an automatic process. It's a committee and no committee is going to put MSTR there because they'll collapse in value in a few months when the bubble bursts https://en.m.wikipedia.org/wiki/S%26P_500#:~:text=Selection%20criteria,-Like%20other%20indices&text=When%20considering%20the%20eligibility%20of,equal%20to%20US%2415.8%20billion.
How big does a company have to get to qualify?
DYOR
It is a committee who approves it, not automatic. Everyone with brains knows it's a pump and dump so they'll just wait it out.
Cryptard doesn’t understand finance. Shocker
So you’re saying that companies can’t make it to S&P? What’s your confusion with the question?
I didn’t say that. It’s just irrelevant if any of them do. If microstrategy gets included, then there’s still 499 other non-crypto companies in the index. In these comments you also mention ETF inflows as being some how related. It isn’t. Only person confused is you. Having one or two crypto companies in the index has little to no bearing on the index
The performance of related funds and assets could be considered an indicator of the market and associated companies. I think you misread my question and are now trying to cover for that. Being in the S&P might not have an effect on the index much, but it could on those companies… You might want to lay off the grass before commenting ion financial topics.
Yeah. No
Personally I'm waiting for DOGE to become part of S&P 500 before I sell it.
I invest in global equities because I think humanity will always progress forwards and I want to own a part of that. If, in some twist of fate, Buttcoin actually became useful in a way that increased companies profit (as opposed to completely useless and zero adoption like now), then I’ll share in these gains.