Will BTC Close as the Best-Performing Asset in 2023?
Bitcoin rises above $40000 this week.
Can Bitcoin Hold onto Its Position as the Top Gainer in Year-End?
In the first half of the year, Bitcoin emerged as the best-performing asset, experiencing a rise of over 80% to close above $30,000 on June 30.
$Valkyrie Bitcoin Miners ETF(WGMI)$ $VanEck Vectors Digital Transformation ETF(DAPP)$ $Bitwise Crypto Innovators ETF(BITQ)$ $Invesco Alerian Galaxy Crypto Economy ETF(SATO)$ $Grayscale Bitcoin Trust (BTC)(GBTC)$
Will You Buy Fractions of Bitcoin?
FOMO can drive investors to make impulsive decisions when they see impressive rally of assets.
Some investors say they only own a little fraction of BTC, like 0.0024 BTC, to avoid FOMO.
Will BTC Close as the Best-Performing Asset in 2023?
Will You Buy Fractions of Bitcoin or Crypto Stocks, ETFs?
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In the first half of the year, Bitcoin emerged as the best-performing asset, experiencing a rise of over 80% to close above $30,000 on June 30.
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🌟🌟🌟Bitcoin or BTC is sizzling hot this year. It has jumped almost 10% in the past 5 days and it is currently trading at USD 43,683. That means a whopping 163% year todate.
The trading frenzy is due to the much anticipated approval of Spot Bitcoin ETF by SEC possibly in January 2024.
Will I invest in Bitcoin?
Yes once the Spot Bitcoin ETF is approved. Spot Bitcoin ETF approval is a big thing in the world of cryptocurrencies. It means that the ordinary small investors like me can just simply buy the ETF and it is highly regulated by the SEC. No need to worry about storage of Bitcoin. No need to worry about security or fraudulent transactions. What a game changer! How good is that!
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