I simply couldn't resist so I did what I did: I buy some shares of 3iQ CoinShares Ether ETF (ETHQ) for my non-registered and TFSA portfolios. This morning as I was entering my orders, the order went through right away, without any problems. I was quite happy to have everything done smoothly and in a matter of the next second. I don't know if you remember but previously, for the other funds that I trade of 3iQ, my sell and buy orders took time before being process. It wasn't a matter of minutes, but a matter of a few seconds. No matter what, having to wait a few seconds before an order being completed is too long. I guess that for this relatively new 3iQ fund, 3iQ CoinShares Ether ETF (ETHQ), we are fewer investors trying to buy units at the same time. There might be fewer operations for this ETHQ. I am pretty sure that it's still hard to buy and sell The Ether Fund Class A units (QETH.UN) on the date of today.
I must admit, following my buy moves, I was closely watching 3iQ CoinShares Ether ETF (ETHQ). I was hoping to maybe perform a quick buy-and-sell move, but it didn't happen. At least not today. I think Ether is on its way for some serious $$$. I was thinking about holding the units I buy today of 3iQ CoinShares Ether ETF (ETHQ) inside my TFSA. I only perform a small investment with ETHQ inside my TFSA. As for my investment of ETHQ inside my non-registered portfolio, I won't lie - I used my margin money to perform that trade. For this investment, I am more willing to sell quickly. I would like to generate a quick $400-$500 on ETHQ inside my non-registered portfolio. We'll see how it goes.
I am quite excited because saving money for saving money is extremely boring, and now I just destroyed any willingness that I had over building a saving account. But don't do as I do. Please put money aside as savings, it's really important. I might be now 40, but I am always dealing with the same "problems" if I may say. Like I have never been able to build on some serious savings but don't mind me, I just cannot control myself.
But please try to understand, Ether is just too exciting. At first, 3iQ CoinShares Ether ETF (ETHQ) didn't bring on any excitement, but suddenly, ETHQ just appears to be quite appealing to me.
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