Strong reasons to show Bitcoin and companies holding Bitcoin to improve and add value to investors.
1. Donald Trump pro-business stance. He haven't took office yet and the market have already responded positively. Wait till he goes in office to implement what he wants to do for USA. To be great again, America got to be spending more money to boost economy. The new asset class to hedge against inflation is Bitcoin which is the gold standard of cryptocurrencies.
2. With #MSTR and #TSLA and other companies buying Bitcoin and holding BTC long term, it's easy to see why #BTC & Bitcoin related companies & ETF going up in value.
3. Social proof of Bitcoin's value continues to soar as Michael Saylor & even Elon Musk being active on social media and advocates of Bitcoin as the go-to digital currency. Fiat money never looked as bad especially with high inflation & rising cost of living worldwide.
Invest with caution though & with a strong foundation of 6-12 months expenses saved in liquidity which can be turned to cash, every other dollar should be invested in something that worse hedge against inflation.
The best is yet to be. I'm hopeful for the future. ๐๐
Comments
well said! whatโs your target price for MSTR?