My favorite place to keep up and to learn is from a guy from Ireland named James. Today’s latest video is a good place to start, it recaps the past 24 hours and tells you about the new ETFs:
https://www.youtube.com/watch?v=QMDCmTPAoN8
He has a youtube page with ton’s of information -
https://www.youtube.com/@InvestAnswers
I started with Etherum mining. Coinbase is the key player after the ETFs were approved. Use Coinbase.
BTC is the only crypto that is designated an ASSET for tax purposes by the IRS. Gold and Silver are Assets. BTC is the only measure of value that is limited in Issuance. It’s supply can never exceed 28M. They continue to mine BTC for another 100 years. All other crypto’s are like Fiat currency which can be printed. Not so with BTC.
Learn about the BTC Halving in about 7.5 weeks so understand that it’s availability will decrease; however, Gold and Silver mining continues to expand.
At this moment you many want to invest in the ETFs. However, ultimately you will want to own 1/10th of a BTC or a whole coin. BTC, Etherum, Solana are probably your best investments. Your initial foray might simply be the ETFs. The ETFs are just like the Gold ETFs.
Follow James - stay in the Top 6 Crypto Coins... BTC, ETH, SOL, Cardano, etc.
A guide to financial freedom, real estate, crypto, stocks, derivatives, options and other tools to get to your financial destination!
https://investanswers.io
https://www.patreon.com/InvestAnswers
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IA CLIPS
youtube.com/channel/UCH6KS5IiLfTyunVHPCDYT8Q
my entry point was
IBIT @ 32.605
.... let the learning curve begin....
I did find an inverse etf ...BITI
so that's cool.
I haven't found out a lot about other derivatives
I suppose that I will be checking out the links and such.
Thanks for the head start.
I'm just an old dog trying to learn a new trick ...
I follow James as well.
AAWWWW on on (that’s no backwards)
OMG ...AWWWWWWW
now after hrs ... IBIT 32.56
I’m in at 32.605 ...... should I run? average down?...
JUST KIDDING ..... (but I have seen that reaction)
Good video ....
Some interesting movement for IBIT and BITI ...
very similar to the Qs ..
I could have swung a 30 minute exit and been green in IBIT AND BITI .... really interesting ..
IBIT @36.72 ...BITI @ 9.59 (if I remember correctly.)
Seems to Show a lot of demand for both.
Of course I am just building my position so I’ll be watching for a bit.
yields on the 10y seem to be an inverse indicator on the short term moves ... but it’s gonna take me some time to get a good picture.
thanks for taking the time ....
I love the Qtrain... I’m liking the look of the BITline(or what ever cool name you guys call it)
I still don’t have my head around this “halving” thing .. a split or reverse split sort of thing?
And it would be sweet to know if/when options would could be bought/sold .
So far so good .......
more fun than a bass boat.....