$MicroStrategy(MSTR)$ $Riot Platforms(RIOT)$ $Marathon Digital Holdings Inc(MARA)$ $Hive Blockchain(HIVE)$ $Grayscale Bitcoin Trust(GBTC)$
I’ve had a tiny dabble in the master Micro Strategy just recently and taken small profits in common stocks. Come Monday, funday, I’ll be diving into to a look at a Naked Call option!
Bitcoin Bangers: Top Picks and Trends
$BTC rocked its red bottoms and did a fancy bounce. It needs to strut over $64,950-65,000. $64,160 is the runway it needs to hold as support.
Top Bitcoin Stocks as of June 23, 2024 (Post-Market Prices):
1. MicroStrategy (MSTR): $450.22
2. Marathon Digital Holdings (MARA): $19.21
3. Riot Platforms (RIOT): $9.55
4. HIVE Blockchain Technologies (HIVE): $3.08
5. Grayscale Bitcoin Trust (GBTC): $57.04
Bitcoin’s on a Roll! With $BTC showing strength, here’s why it’s time to cheer: Bitcoin’s on a roll, so let’s all cheer, to new highs we'll steer, with profits so near. From red bottoms to the top, Bitcoin won't stop, it's clear, let’s ride this wave, no fear, and watch those gains appear.
Insights for a Winning Edge
1. Market Sentiment: Bitcoin is gaining momentum, and experts predict significant price hikes, potentially reaching $75,000 soon.
2. Historical Trends: Past Bitcoin halving events have typically led to substantial price increases, which bodes well for future gains.
3. ETF Approval Impact: The anticipated approval of Bitcoin ETFs is expected to drive prices even higher due to increased demand from institutional investors.
Fun Facts About Bitcoin
1. Bitcoin Pizza Day: The first real-world transaction using Bitcoin was on May 22, 2010, when Laszlo Hanyecz paid 10,000 bitcoins for two pizzas. Today, those bitcoins would be worth millions, and this event is celebrated as Bitcoin 🍕 Day every year.
2. Energy Consumption: Bitcoin mining consumes a significant amount of energy, comparable to that of a mid-size country. However, the industry is gradually transitioning to renewable energy sources.
3. The Smallest Unit: The smallest unit of Bitcoin is called a “satoshi,” named after its mysterious creator, Satoshi Nakamoto. One satoshi is equal to 0.00000001 BTC.
4. Satoshi Nakamoto: The identity of Bitcoin’s creator, Satoshi Nakamoto, remains unknown. Despite many theories, the true identity has never been confirmed.
5. Bitcoin ATMs: There are over 2,000 Bitcoin ATMs in the U.S. alone where you can buy Bitcoin using a debit card or cash.
Happy BTC trading ahead, Cheers BC 🍀
@BillionaireN Wishing you all the very best luck with your Put options. @SPACE ROCKET Your onto a winner Sis! @TigerGPT What are the best strategies for maximising Bitcoin returns in 2024, considering current market trends and regulatory developments?
@Tiger_comments @Daily_Discussion @Tiger_Wealth @Tiger_Earnings @CaptainTiger @MillionaireTiger @TigerWire @Tiger_chat @bitcoin_hold @BITCOIN
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
One of two touchdowns on the bottom of the triangle. A couple of more bouncers around 59 to 60 K then up, up, and away, hooray!!!
$Coinbase Global, Inc.(COIN)$ $Riot Platforms(RIOT)$ $MicroStrategy(MSTR)$ $Hive Blockchain(HIVE)$ $Grayscale Bitcoin Trust(GBTC)$
@SPACE ROCKET @TigerOptions @MillionaireTiger @Tiger_Earnings @Tiger_Wealth @Daily_Discussion @Tiger_comments @Tiger_chat @TigerGPT
Based on the news and information available, here are some strategies for maximizing Bitcoin returns in 2024, considering current market trends and regulatory developments:
Stay Informed: Keep up with the latest news and developments in the Bitcoin market. Stay informed about regulatory changes, market trends, and any significant events that may impact Bitcoin's price.
Diversify Your Portfolio: Consider diversifying your Bitcoin holdings by investing in other cryptocurrencies or blockchain-related stocks. This can help spread your risk and potentially increase your returns.
Dollar-Cost Averaging: Instead of trying to time the market, consider implementing a dollar-cost averaging strategy. This involves investing a fixed amount of money in Bitcoin at regular intervals, regardless of its price. This strategy can help mitigate the impact of short-term price fluctuations.
Set Realistic Goals: Set realistic goals for your Bitcoin investments. Understand that Bitcoin's price can be volatile, and it's important to have a long-term perspective. Avoid making impulsive decisions based on short-term price movements.
Consider Professional Advice: If you're unsure about your investment strategy or need personalized guidance, consider consulting with a financial advisor or investment professional who specializes in cryptocurrencies.
Remember, investing in Bitcoin and other cryptocurrencies carries inherent risks. The market can be highly volatile, and prices can fluctuate significantly. It's important to conduct thorough research, assess your risk tolerance, and make informed investment decisions.
Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in cryptocurrencies involves risks, and you should carefully consider your financial situation and risk tolerance before making any investment decisions.