BITCOIN → we’ve officially hit 100k! 🥂New targets?

$Bitcoin (BTC.CC)$ 🚀Me waking up, seeing Bitcoin hitting +$100K after Paul Atkins' SEC chair nomination!

The markets anticipated Gensler's departure and a less aggressive crypto regulator. If BTC continues to climb, I think other crypto majors like $Ethereum (ETH.CC)$ need to catch up first. 🌊 Ethereum looks like a steal compared to Bitcoin right now! $XRP (XRP.CC)$ spiked, but profit-taking hit hard at $2.80. $Altos are all over the place. The crypto community is hungry for positive news to push prices even higher.
However, the Trump trade tailwind is fading as the markets have already priced in a lot of headlines. Stay tuned for more crypto drama! 🎬💥

Considering that the widespread launch and promotion of Bitcoin-related options will still take some time, here are a few options to consider for Bitcoin investment right now: 💸
1. $Bitcoin (BTC.CC)$
As the OG of crypto, the fluctuations in the US markets mainly revolve around Bitcoin. By directly buying Bitcoin spot, you can trade 24/7 and never miss a trading opportunity. Plus, with Bitcoin's volatility, it's a great option for day trading (T-trading). But there are other alternatives too! 😉

2. Bitcoin ETFs
Investing in ETFs essentially means buying shares of a bundle of crypto funds. It's more convenient to trade and avoids the risk of storing Bitcoin.
Popular options include:
- $iShares Bitcoin Trust (IBIT.US)$
- $Grayscale Bitcoin Trust (GBTC.US)$
- $ARK 21Shares Bitcoin ETF (ARKB.US)$
- $Fidelity Wise Origin Bitcoin Fund (FBTC.US)$
- $Bitwise Bitcoin ETF (BITB.US)$

3. Bitcoin Inverse ETFs
Bitcoin is at a high right now. While the long-term trend is up, there's always a risk of short-term corrections. But don't worry, you can hedge with inverse ETFs to avoid the pain. For example, $ProShares Short Bitcoin ETF (BITI.US)$ is a 1x short Bitcoin ETF, meaning if Bitcoin falls 1%, the ETF rises 1%. Adjust your allocation based on your holding horizon. I'm bullish long-term, so I mainly hold BTC spots with a 1/4 allocation in inverse ETFs to capitalize on BTC dips. 📉📈

4. Crypto Stocks
Crypto stocks are companies whose business or balance sheets are closely tied to Bitcoin. Changes in Bitcoin's price are reflected in these stocks, and sometimes even amplified for higher gains.
Notable examples include:
- $MicroStrategy (MSTR.US)$ (A significant portion of its balance sheet is in Bitcoin, buying more with overissued funds at a premium. It's had a stellar year!)
- $Coinbase (COIN.US)$ (One of the largest crypto exchanges in the US, offering Bitcoin and other crypto trading services, positively correlated with Bitcoin prices.)

5. Miner Stocks
These companies are primarily engaged in Bitcoin mining, so their stock performance is closely linked to Bitcoin market conditions. They're known as "miner stocks." As Bitcoin mining requires increasing computational power, it accelerates the elimination of weaker competitors, benefiting industry leaders.
- $MARA Holdings (MARA.US)$
- $CleanSpark (CLSK.US)$
- $Riot Platforms (RIOT.US)$