Crypto Mania Coming 2024! Michael Saylor MSTR Bitcoin Mad Genius!
Currencies / cryptocurrency Dec 25, 2023 - 10:29 PM GMT
Crypto Mania coming 2024, crypto's are now 5% of my portfolio 6.4% including coinbase, I am locked and loaded to party like it's 2024! Ready for another X2, then X3 and some crypto's will likely X5 from here such as Solana and Link. The only negative will be the HUGE tax bill! The sooner Bitcoin ETFS appear the better, apparently around the 10th of January so I can cycle some of my crypto exposure out of taxed holdings into tax free wrappers, though I already hold a fair chunk of Micro strategy, that crazy Michael Saylor is in an infinity loop! Sells shares in Micro strategy that he uses to buy bitcoin which pushes the price of bitcoin up that pushes the price of Micro strategy up and then he rinse and repeats, if this keeps going them Micro strategy will soon become the worlds most valuable Company, worth more than Apple!
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By Nadeem Walayat
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Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
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