Cryptocurrency Investing Opportunities Range from Bitcoin to Stocks townhall.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from townhall.com Daily Mail and Mail on Sunday newspapers.
Why Bitcoin is the New Digital Gold and Headed Much Higher
Share
Share
Cathie Wood, CEO, Ark Innovation Fund
Bitcoin hit an all-time high of $45,000 after CEO
Elon Musk announced in a U.S Securities and Exchange Commission filing last week that Tesla, the electric car company, has “invested $1.5 billion in bitcoin” and will soon start accepting it as payment for its products.
Simon Peters, an expert on cryptocurrencies at eToro, concluded, “If there were any doubters as to the mainstream acceptance of bitcoin, this surely must mark the end of any skepticism. Multiple other brands already accept bitcoin as payment, and we would imagine that, in time, other major companies will follow Tesla’s example.”
Bitcoin Soars Why I’m Still Bullish
Share
Share
–Gerald Loeb, “
th-anniversary edition of “The Maxims of Wall Street,” and his advice is very relevant.
His motto is “buy high, sell higher,” which perfectly describes today’s action in Bitcoin.
Bitcoin and digital currencies are all the rage now for a number of reasons, and I’ve been recommending a great speculative stock that invests in Bitcoin and other cryptocurrencies recently in both
TNT Trader. (For more information on subscribing to my newsletter and trading services, go to www.markskousen.com.)
My favorite speculation is already up more than 50% in one month, but I believe it has more upside coming.