ELI_59
01-31
Replying to @koolgal:Thanks for sharing your insights. Happy Trading ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐Ÿ€๐Ÿ€๐Ÿ€//@koolgal:

๐ŸŒŸ๐ŸŒŸ๐ŸŒŸAs 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 $iShares Bitcoin Trust(IBIT)$ .  In 2024, IBIT became the fastest ETF to reach USD 10 Billion in Assets Under Management, just 50 days after its launch and to reach USD 50 billion in December 2024.

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 $SPDR Portfolio S&P 500 ETF(SPLG)$  and $STI ETF(ES3.SI)$  I will also add $iShares Bitcoin Trust(IBIT)$   as part of having a diversified portfolio. 

May All My Dear Tiger Friends Be Blessed With Abundance in Good Health, Happiness and Prosperity this Lunar New Year. 

GONG XI FA CAI. ๐Ÿ“ฎ๐Ÿ“ฎ๐Ÿ“ฎ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ

@TigerEvents  @Tiger_comments  @TigerClub  @CaptainTiger  @TigerStars  

๐Ÿฎ Lantern Festival Special: Tangyuan Emoji Contest ๐ŸŽจ
What if Tangyuan had expressions? What would they look likeโ€”happy, surprised, sleepy, or mischievous? ๐Ÿ˜†๐ŸŽญ Join our Tangyuan Emoji Contest and unleash your creativity! Design fun expressions for Tangyuan๏ผ
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.

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