I am capable of understanding the risks inherent to an investment product.
So is this public, this is the crypto age. It isn't like we little people do not know what risk is, and need a paternalistic guiding hand to prevent us from hurting ourselves.
This honestly looks like a bunch of rich old guys cutting the rope ladder to keep everyone else down.
"Leverage for me, but none
I have owned ProShares for many years. I added it to my retirement fund after it had been doing well in my mothers retirement fund where that holding was helpful for my mom's needs.
I find a ProShares holding (SSO) to still be good in my asset allocation.
There is no way that I have even considered any allocation in crypto funds, an area that does need research, appropriate oversight.
Been investing on a number of crypto currency. No has the right to control or force me to go through anyone or control my actions. If I Lose, that's on me. If I gain, that's on me as well. I'm sick and tired of people thinking they have to put there hand in on money they have no right to have. In the 1st place. If I choose to have aid. I will choose to Go to That aid
As a tax payer I should have the right to invest my money where see fit. I do not want to go through any special processes before I can invest my hard earned money into things like crypto currencys Ivedone my own research and choose to invest in what I believe will make myself good return. The government need not step in and and impose your measures on my investments!
I find it troubling that regulatory agencies would limit my ability to use cryptocurrency for the advancement of my personal financial future. It would be a miscarriage of justice to limit individual liberty by not allowing or limiting my ability to invest in Cryptocurrency. Also why not focus on hedge funds and big banks commiting fraud by shorting different crypto assets to profit themselves
It's very important to me that I have the ability to hedge against big swings in the market. I use the leverages and inversed funds to be able to limit my risk.
I have extensive experience in this field and it should be up to me, and me only, how I invest my money.
Why would people be able to invest in crypto if not in leveraged funds.
What's next? Will the government tell me if
Dear SEC: I am heavily invested in multiple crypto currencies because I have no confidence in the dollar, the U.S. Government and the regulatory agencies. The administration has orchestrated the prosecution of an avoidable and preventable war in the Ukraine which has married Russia to China on their economies and has resulted in a weakening of the dollar as the world's main trading currency
I have already been blocked out of adding to my investments on certain crypto apps. Why are you preventing me from earning interest on assets that I purchase? you did the same thing when you shut down GameStop trading to cover your [REDACTED] because you had shorted the heck out of it, beyond any reasonable amount. Dont let your greed destroy you.
After working in the financial industry for over 20 years and now hearing that regulators are wanting to restrict investors on what they can invest in, specifically crypto investments, makes me question the integrity of our regulatory bodies. All investors should have the right to invest in whatever they believe serves their financial goals and future. Is the US becoming communistic like china?
By limilting the investing power of the common individual you are creating a sense of dependancy and not offering a way to financial independance.
It is our hard earned money not YOURS and we should be able to invest it as WE deem necessary. BITO, is no exception. Investing in Crypto Currency funds allows freedom of diversification which is key to financial planning, to anyone who chooses to do
