Posts

Showing posts with the label investing

‘Prepare your exit strategy,’ warns crypto trader as ‘we are close to the top’

Image
As Bitcoin (BTC) is back surging above the $100,000 mark and altcoins consolidate above strong support levels, a crypto trader has warned his followers that the market’s top is close and urges people to prepare their exit strategy. Bitcoin made a new all-time high this Monday, attracting more retail investors with the fear of missing out (FOMO). However, as retail starts increasing its BTC exposure, savvy traders and investors prepare their exit strategy as the top approaches. In particular, the 356,000-follower trading and investing X persona, cevo , sent a warning to his followers on December 16. “We are close to the top, he said in a controversial post that later received other comments. “The most gains with alts will be realized in this last phase. Prepare your exit strategy,” cevo concluded. Picks for you Here’s when Chainlink (LINK)...

MicroStrategy Chair Michael Saylor To Pitch BTC Buying Strategy To Microsoft Board, Says Berkshire And Apple Should Consider BTC

Image
MicroStrategy Chairman Michael Saylor has agreed to make a 3-minute presentation to Microsoft’s board of directors on investing in BTC, and said Warren Buffett’s Berkshire Hathaway, Apple, Google, and Meta should also be considering BTC. “The activist that put that proposal together contacted me to present to the board, and I agreed to provide a three-minute presentation,” Saylor said in a Nov. 19 X Spaces hosted by fund management giant VanEck.  Microsoft To Vote On Investing In Bitcoin In Upcoming Shareholder Meeting Microsoft disclosed in December that one of the voting items in its next shareholder meeting will be whether or not the company should invest in Bitcoin. This is after a proposal for the software giant to invest in BTC was made by the National Center for Public Policy Research (NCPPR).  The proposal cited MicroStrategy’s Bitcoin investment and how the company’s stock, MSTR, has outperformed Microsoft’s despite the...

R. Kiyosaki reveals differences between investing in Bitcoin and real estate

Image
Amid his continuous recommendations for investing in gold, silver, and Bitcoin (BTC), Robert Kiyosaki, a renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ recently shared why he believed Bitcoin is a better investment than real estate. Specifically, Kiyosaki explained that the main reason why investing in the maiden cryptocurrency might be better than investing in real estate is its movability and flexibility or the ease of distributing it when needed in an episode of his The Rich Dad Channel podcast streamed on August 22. Bitcoin is easier to trade Indeed, according to the famous finance educator and entrepreneur who, among his other investments, also engaged in trading real estate, has long argued that commodities like gold, silver, and Bitcoin were better: Picks for you Here’s why analysts ...

New crypto index platform makes cryptocurrency investing easier for novices and professionals

Image
Despite the rapid development of the cryptocurrency market, experts believe a lack of simple investment tools, particularly index investing, are holding back beginner investors. Investing has always been an important tool for boosting financial success, especially as inflation increases, and it becomes harder for people around the world to make ends meet. By adopting even a beginner investment strategy, many have found a solution to stay ahead of rising costs and build their wealth over time. Now, with the introduction of the cryptocurrency market, some investors have shown just how life-changing a small investment can make, as larger fluctuations generate higher profits and 24/7 operation times pave the way to a level of flexibility and convenience for those that work a nine-to-five job. Moreover, the barriers to entry are also reduced, as altcoins and fractional ownership enable people of all income levels to participate. With the potential for high returns, cryptocurrency investmen...