Mueh Hdjs
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$Bitcoin (BTC.CC)$ notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund $ProShares Bitcoin ETF (BITO.US)$ .
The world’s largest cryptocurrency is now above $65000, according to Coin Metrics. The coin at its highs passed the $66,900 level Wednesday, topping a previous intraday record of $64,899 set in mid-April.
Big change since 2020:
$ProShares Bitcoin ETF (BITO.US)$ , which tracks bitcoin futures contracts pegged to the future price of the cryptocurrency, rose nearly 5% on its first day of trading Tuesday.
However, not everyone in the crypto market was impressed. “More products are great, but I just don’t see the point of investing in futures-based bitcoin ETFs when you can buy the asset in the spot market,” said Jodie Gunzberg, managing director of CoinDesk Indexes.
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Source:
Bitcoin jumps to new high above $66,000 after landmark U.S. ETF launch
The world’s largest cryptocurrency is now above $65000, according to Coin Metrics. The coin at its highs passed the $66,900 level Wednesday, topping a previous intraday record of $64,899 set in mid-April.
Big change since 2020:
$ProShares Bitcoin ETF (BITO.US)$ , which tracks bitcoin futures contracts pegged to the future price of the cryptocurrency, rose nearly 5% on its first day of trading Tuesday.
However, not everyone in the crypto market was impressed. “More products are great, but I just don’t see the point of investing in futures-based bitcoin ETFs when you can buy the asset in the spot market,” said Jodie Gunzberg, managing director of CoinDesk Indexes.
Any thoughts to share about BTC and BITO?
Click to join the discussion and win points!
Source:
Bitcoin jumps to new high above $66,000 after landmark U.S. ETF launch
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Mueh Hdjs
liked
Wait for dips to enter, average down if it drops more. Buy stocks with good fundamentals, take profit when direction change. Watching $Apple (AAPL.US)$ , $Tesla (TSLA.US)$
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Mueh Hdjs
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I think still can invest some stocks, such as those stocks paying you dividends, like Coca Cola, for those tech stocks, apple and Microsoft or some more, the price is already start to go up, if you want to buy, then bettr do it earlier. i did buy some stocks such as nvida and intuitive surgical. these are good stocks that you can hold for a long period.
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Mueh Hdjs
liked
I believe the current bull market will continue into the new year, although with some volatility. Investors need to look for bargains on stock that is trading near its lows for potential gains thru the end of the year and follow the market, if market pulls back you pull back assets.
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Mueh Hdjs
liked
Nobody can actually predict when a bull run will end. Not you, not me or even Legendary Buffett. What is more important is that we must Ensure that our investment portfolio include some quality shares that can withstand the torment of a bearish season. However, with the evolution of EV, (electric vechicle) holding a share in the automaker buisness can be a safe wager.
With the global concern for zero waste and the avoidance of the harmful effects of carbon dioxide emissions, EV will certainly take over gasoline driven vechicles in the near future. This move is further enhanced by the steep increase in gasoline prices of late.
Will $Tesla (TSLA.US)$ be the “KING” of the future EV evolution since it has Long been an established brand? Obviously, Tesla is facing competitive challenges from other renowned automakers like $Ford Motor (F.US)$, $NIO Inc (NIO.US)$, $Toyota Motor (TM.US)$ or a lesser known, but up and coming company like $Rivian Automotive (RIVN.US)$, with its promise of a better battery pack.
Ultimately, the end users must decide whether $Tesla (TSLA.US)$ is a value for dollar buy, as compared to some other cheaper EV Brand’s.
Of course the safety features incorporated is also an important selling point.
Irregardless of whether the bull run has ended or will be ending, it is wise to hold Tesla’s shares because it is an iconic brand. Other shares that are worth investing for Long term benefits are:
$Apple (AAPL.US)$
$Alibaba (BABA.US)$
$Amazon (AMZN.US)$
$Netflix (NFLX.US)$
I am positive that the above shares mentioned are realistic quality investment that can reap the harvest that a bull run can bring, or weather the harsh realities of a bear run.
With the global concern for zero waste and the avoidance of the harmful effects of carbon dioxide emissions, EV will certainly take over gasoline driven vechicles in the near future. This move is further enhanced by the steep increase in gasoline prices of late.
Will $Tesla (TSLA.US)$ be the “KING” of the future EV evolution since it has Long been an established brand? Obviously, Tesla is facing competitive challenges from other renowned automakers like $Ford Motor (F.US)$, $NIO Inc (NIO.US)$, $Toyota Motor (TM.US)$ or a lesser known, but up and coming company like $Rivian Automotive (RIVN.US)$, with its promise of a better battery pack.
Ultimately, the end users must decide whether $Tesla (TSLA.US)$ is a value for dollar buy, as compared to some other cheaper EV Brand’s.
Of course the safety features incorporated is also an important selling point.
Irregardless of whether the bull run has ended or will be ending, it is wise to hold Tesla’s shares because it is an iconic brand. Other shares that are worth investing for Long term benefits are:
$Apple (AAPL.US)$
$Alibaba (BABA.US)$
$Amazon (AMZN.US)$
$Netflix (NFLX.US)$
I am positive that the above shares mentioned are realistic quality investment that can reap the harvest that a bull run can bring, or weather the harsh realities of a bear run.
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Mueh Hdjs
liked
$Virgin Galactic (SPCE.US)$
$Palantir (PLTR.US)$
$Nano Dimension (NNDM.US)$
$Bit Brother (BTB.US)$
$Aurora Cannabis (ACB.US)$
$Village Farms International (VFF.US)$
$Tilray Brands (TLRY.US)$
$Canopy Growth (CGC.US)$
$Bitcoin (BTC.CC)$
$Ethereum (ETH.CC)$
$Mind Medicine (MNMD.US)$
$COMPASS Pathways (CMPS.US)$
$Palantir (PLTR.US)$
$Nano Dimension (NNDM.US)$
$Bit Brother (BTB.US)$
$Aurora Cannabis (ACB.US)$
$Village Farms International (VFF.US)$
$Tilray Brands (TLRY.US)$
$Canopy Growth (CGC.US)$
$Bitcoin (BTC.CC)$
$Ethereum (ETH.CC)$
$Mind Medicine (MNMD.US)$
$COMPASS Pathways (CMPS.US)$
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