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Below my transactions (older than 1 month) from group G: info
Completely exited quickly. I had bought this ETF with a view to NFTs. Early this year, those NFTs started to get quite popular. Many of those NFTs have to be paid with Ethereum. Reason enough for me to buy this ETF. But since the invasion of Ukraine, I've seen NFT sales drop. People are now not thinking about picking up a new hype. It could well become a hype. But it is still too early to invest in this ETF based on that. I see cryptos and also stock markets making a bounce back today (temporarily bouncing up after a significant drop). With this ETF, I'll just use that to get out. We have also seen cryptos react negatively to the conflict in Ukraine. Due to the higher energy costs (oil), mining cryptos will also become more expensive or even no longer interesting. That too is a risk.
Mission accomplished.
This ETF or actually ETN (Exchange Traded Note) does not belong to any group. Reason to place this ETN in each group so that all ETF customers can take note of it. Maybe now it looks like I'm going to invest in cryptos. No, I have never done anything with cryptos myself and will not do so. So why did you buy this Ethereum crypto ETN? I expect NFTs to become very large. Now it is quite difficult to buy exactly that NFT that will generate a lot of money later on. Too big a risk for me. Nevertheless, I want to be able to benefit from the great success that these NFTs are likely to become. After research I found out that almost all those NFTs use the Ethereum blockchain and have to be paid with Ethereum. The reason is that the Ethereum blockchain is extremely suitable for NFTs. The Bitcoin blockchain, for example, is not. Ethereum is currently the absolute market leader among NFTs as a means of payment with more than 95%. There will be alternatives. But it is likely that Ethereum will remain the market leader. So almost everyone who buys an NFT has to buy Ethereum first. If those NFTs are a success, Ethereum will rise sharply because of all those purchases. And that's the reason I'm buying this ETN. But there's more. The energy consumption of most cryptos is huge. Ethereum has the solution. With “the Merge” they will switch to a new type of blockchain in the course of this year. The energy consumption can then be about 1000 times lower and the transaction costs can therefore also be significantly reduced. So with investing in this Ethereum ETN I kill 2 birds with 1 stone. This year, Ethereum will become an extremely low-power crypto that will beat Bitcoin. And the main reason for me; I have a nice spot on the just departing NFT train. Two things are important for a significant increase in this ETN: NFTs must become a great success and even better a hype. Ethereum should remain one of the most widely used means of payment for buying an NFT.
The 25% target has almost been reached. However, the risk of a new stock market decline is increasing. Therefore taken profit today.
Uitgever ETF: ETFS
Ticker: RTWO
ISIN: IE00B3CNHJ55
Currency: EURO
Exchange: Euronext Amsterdam
The FED comes up with stimulus measures almost daily. When the worst with the coronavirus is over, companies will immediately take advantage of it. This ETF mainly contains the somewhat smaller listed companies. The companies included in this ETF are rarely internationals. They mainly focus on the US itself. The US economy is still the best worldwide. The companies in this ETF are less affected by the global economy and can take maximum advantage of all the FED money.
ETF provider: ETFS
This ETF has fallen very hard. Investors take too little account of the fact that this corona virus can quickly pass. In addition, we are dealing with unprecedentedly large stimulation and support packages from central banks and governments. When the coronavirus is over, the economy will quickly pick up again. All that extra money that has been pumped into the economy will then partly end up on the stock exchanges.
A trade deal between the US and China still seems far away. Due to hopes for an early trading deal, stock markets have risen sharply in recent times. In the meantime, investors are starting to doubt. The end-of-year rally started too early this year and the stock markets were too high. The risk of profit taking is therefore high. The goal was to achieve a 15% return with this ETF within 1 year. Now that 12% has already been achieved after a year and risks have increased, we have stepped out.
The FED is constantly reducing interest rates. This puts the earnings model under pressure. A trade deal between the US and China seems to be more difficult since today. That is why this ETF is sold today.