Tag: bitcoin
This Stock Could Triple If Bitcoin Can Sustain Recent Momentum
Bitcoin has taken a massive hit. Since topping out at $68,978 in November, the digital currency plunged to a low of $32,990. However, after catching double-bottom support—and pricing in a good deal of negativity—Bitcoin is starting to recover. From a current price of $46,633, we’d like to see it challenge its prior high from November. […]
Last Week Marked A Huge Milestone For Crypto
After years in the making, it finally happened… ProShares Bitcoin Strategy ETF Debuts On October 15, the Securities and Exchange Commission (SEC) approved the first-ever bitcoin ETF. On October 19, the ProShares Bitcoin Strategy ETF (BITO) debuted on the New York Stock Exchange. This is a big, big milestone. In short, this new ETF makes it easier than ever […]
The Fedcoin Is Coming
Before we talk about Fedcoins, let’s look at the old school non-digital, non-blockchain, coin. Gold. And silver. Since January 4, the price has dropped about $244. And the price of silver has fallen about $4. Are these buying opportunities? Or the end of the brief gold bull market of 2020 (i.e. Covid)? It helps to […]
What You Need To Know Before Investing In Cryptocurrency
A lot of people are hopping on the cryptocurrency train since there’s a lot of buzz around it being the money of the future. Plus, there’s Bitcoin (BTC) to prove that the growing asset has the potential to play a significant role in the coming years. While it may be true for Bitcoin, it’s important that […]
Why Cryptocurrencies Could Represent The Next Big Investment Push
Cryptocurrencies are a rather new form of investment. The majority of experts consider Bitcoin to represent the first cryptocurrency to come into existence, as its roots can be traced back to 2009. However, this rather youthful market sector has also led to some serious returns over the years. Now that we are witnessing other currencies […]
3 Great Funds For Investors Interested In Bitcoin
With bitcoin bouncing back, investors may want to consider these funds to participate in the resurgence. In what feels like somewhat quiet fashion, bitcoin is enjoying an excellent start to 2020. On Jan. 1, the largest digital currency by market value resided around $7,160, but has subsequently vaulted to $9,282 as of Feb. 1. In […]
My Big Bitcoin Mistake…
Friends, Just over a year ago, I started buying Bitcoin. Yes, I went out on a limb and bought some, and a few other digital currencies too. What was my mistake? A friend told me to buy Bitcoin four years earlier. I thought I was too smart for that… I thought it was a flash […]
Have Gold And Bitcoin Seen The Worst Of Their Bubble Bursts?
You know I’ve been fighting the gold bugs for a long time. Gold is an inflation hedge, not a deflation hedge. Turn to gold for safety during a deflationary period and you’ll get your ass handed to you on a golden platter! Gold is simply another commodity and it burst in the 30-year cycle top between 2008 and 2011, […]
Get Ready For Gold To Bounce Once More
You know by now that I think gold is above all a commodity, and in a bubble that was more extreme than stocks… a bubble that’s been bursting since September 2011, but… Gold and bitcoin are two examples of bubbles bursting that are NOT following my bubble model as well as most. Both, thus far, are basing out at higher […]
Is Cryptocurrency Worth Your Investment?
Cryptocurrency has had a bit of a checkered past. First brought to the world in 2008, the asset saw dramatic gains. That is, until questions with regard to regulation started to come about. After bitcoin reached an all-time high of nearly $20,000 and other cryptocurrencies followed, these questions led to drastic declines that have been felt throughout […]
