So , how do we leverage our portfolios a few days before the Inauguration of the 47th President of the USA , Mr Donald J Trump ?
We know the outgoing party including the SEC was clearly not providing the required guidence and framework for the Crypto Industry, and yes they approved a few Spot Bitcoin ETF's , that being in their last year and because of major pressure from many sides.
Mr Trump is a businessman and he has made numerous promises to the people saying once he is in office the USA will hold their Bitcoin's and or possibly use some of the Bitcoin to pay off some of the national debt currently at > $35 Trillion including the establishment of a USA Bitcoin reserve... knowing this, the Cryptocurrency industry will indeed enter into A new era of crypto being endorsed, supported , a new gateway awaits this industry as proper guidance & regulation is introduced to support this industry rather than to crucify or to stifle this industry.
Can you afford not to have a small piece of the pie and or not to be part of this new era within the crypto space ?
Have you given much thought to this crypto industry and how it may affect your own business , your own portfolio if the above unfolds to be 100% accurate ?
My own portfolio has indeed embraced this new technology 13 months ago & the results when comparing the crypto to the stock portfolio was mind Blowing. When I did the math, the portfolio was split 50/50, who would have guessed the final outcome.
In conclusion & to summarise my thoughts on cryptocurrency and this industry, one cannot ignore this industry, lest you're left behind and there are many opportunities, you just have to spend enough time researching , understanding and then making that leap of faith knowing you have indeed found new opportunities Of growth for your investment portfolio.
If you're still in doubt, ask yourself if the spot Bitcoin ETF has already surpassed the Gold ETF's in less than a year ( the 1st Gold ETF originally launched way back in 2003 in Australia , the USA followed with their own spot Gold ETF going back to 18 Nov 2004.) $32 Billion in value was the gold ETF's value , the Bitcoin ETF's have now surpassed the $32 Billion , & we are not speaking about Total Assets under management such as derivatives etc, that then takes this value beyond $128 Billion.
Still believe Microstrategy & Bitcoin being a Ponzi scheme on its way to zero ?
I think not !!!
Disclaimer: The above is for educational purposes only.
Bakkt Soars 11% and MicroStrategy Gains 8% as Trump Reportedly Plans Crypto Executive Order
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.
