I often get asked about cryptocurrencies and whether they are safe investments to add to a portfolio. For investors unfamiliar with the term, a cryptocurrency is basically a digital token, or coin, that trades on a distributed and decentralized ledger called a blockchain. The most popular, and well known, cryptocurrency is Bitcoin, which made its […]
Bitcoin
How Bond Rates, Electric Vehicles, Bitcoin, and Tulips Will Affect Your Dividends
I spend my day reading financial news, and usually I have my TV tuned to one of the business networks in the background. I have been in and around the financial world formore than 30 years. I wake every day and tell myself: “We live in very interesting times.” One of the things making them […]
Bitcoin Mining Stock BTBT Takes Off With Analysts Projecting BTC to Sail Past $100,000
Bitcoin miner, Bit Digital (BTBT) had an explosive week, with the crypto bull market showing no signs of cooling off. From here, BTBT has the potential to move higher, with analysts saying Bitcoin could rally well beyond $100,000. Citibank for example says we could see $318,000 BTC in 2021. Guggenheim is calling for a valuation […]
Finding the Similarities in Gold and Bitcoin
Hey folks I wanted to take a few moments today to look at pattern recognition. While I really don’t think looking at patterns can make an investor successful in the long haul, I do believe that a multifaceted approach must be utilized to be a well-rounded investor. When utilizing pattern recognition we gain the tools […]