๐๐๐As we welcome the Lunar New Year of The Snake, it is a great time to review how the previous year fared and my investment plan for 2025.
One of my biggest regrets is not investing in $iShares Bitcoin Trust(IBIT)$
IBIT seeks to track the spot price of Bitcoin which has just reached USD 104,000.
With Donald Trump in power, I believe that Bitcoin will take off like a Space X Rocket to the moon as he is the most pro crypto US President in modern times.
IBIT is up 7.8% since the start of January and in 2024, it has skyrocketed by 145%.
Wall Street Analysts are bullish on IBIT with a Buy rating, Target price of between USD 63.73 and USD 83.49.
I prefer to buy IBIT rather than hold Bitcoin per se as it provides me with accessibility to Bitcoin without the complexities of acquiring, holding and trading directly through a digital asset platform. IBIT is backed by Bitcoin held in cold storage, making it more resistant to hacking.
My investment plan for 2025 is to continue to dollar cost average my Index ETFs such as $SPDR Portfolio S&P 500 ETF(SPLG)$
May All My Dear Tiger Friends Be Blessed With Abundance in Good Health, Happiness and Prosperity this Lunar New Year.
GONG XI FA CAI. ๐ฎ๐ฎ๐ฎ๐๐๐๐ฐ๐ฐ๐ฐ
@TigerEvents @Tiger_comments @TigerClub @CaptainTiger @TigerStars
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