smurfette
03-14
Crypto bull run causing the spike with $MicroStrategy(MSTR)$ and $Coinbase Global, Inc.(COIN)$. Investing in Bitcoin and crypto stocks probably the best given the bull run at the moment. Pros and cons for both - with Bitcoin, the ETFs are a “safety net” in a way, but also reliant on supply and demand and sentiment in the market (i.e. Fear Index). But also more volatile/high risk. Crypto stocks, probably more stable especially $MicroStrategy(MSTR)$ given it is considered a blue chip stock. If you’ve got money you’re prepared to potentially burn, Bitcoin is the way to go, however be conscious of the halving in April. If more risk averse, go crypto stocks. Definitely more bullish on $MicroStrategy(MSTR)$ given their recent pump buying more Bitcoin and that they issue notes. $Coinbase Global, Inc.(COIN)$ although a trusted and stable exchange, some markets like Singapore has tight regulations and could shut down. Weekly TA for Bitcoin shows rise and MSTR high probability of hitting $2k.
Bitcoin Halving Done: A New Era Begins?
The highly-anticipated fourth iteration of the bitcoin halving occurred a little after 8:09 p.m. Eastern on Friday. Bitcoin traded flat in the immediate aftermath of the halving, holding steady around $63,000. ----------------- Can the halving bring a big rise? What's your target price for bitcoin in 2024?
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