IAAC for 19th October 2021 Market recap and ETF

in We Are Alive Tribe3 years ago (edited)

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I talk about Bitcoin ETF that should start trading today. Hive pump and price. and general crypto chit chat.


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In this video, Bradley provides a market recap for October 19, 2021. He starts by mentioning that Bitcoin is around the $62,000 mark and that there is anticipation for the ETF to begin trading, which could potentially bring stability to Bitcoin. He explains that the ETF deals with future contract prices for Bitcoin, not actual Bitcoin trading. Bradley wonders how the ETF will affect Bitcoin investors and if it will bring stability to the market.

He also discusses the price of Hive, mentioning it is around 77 cents. Bradley observes that there is a volume pump with buyers willing to purchase at that price and sellers willing to sell. He uses an analogy of a brick-and-mortar store with a lineup of customers to explain this phenomenon.

Bradley briefly mentions the performance of other cryptocurrencies like Cub and Chia before moving on to talk about his investments in CTP token, index, BBH, and Leo. He highlights that he is starting to take steps to build up his holdings passively.

Additionally, Bradley touches on his experience with posting on Hive, noting that sometimes he receives a lot of upvotes quickly, while other times the response is slower, which still makes him nervous despite being on Hive for some time.

Overall, Bradley's video provides insights into the current market conditions, focusing on Bitcoin, Hive, and other cryptocurrencies. He also shares personal experiences with investing and posting on the Hive platform.


Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested and/or approved by the channel owner.