The catalyst? A wave of optimism over the CLARITY Act. Do you chase MSTR?
I prefer to buy $iShares Bitcoin Trust(IBIT)$ . While MSTR functions as a wild, debt leveraged tech stock that swings on corporate performance, iBit operates as a pure spot backed institutional fund.
IBit is backed by BlackRock, the largest asset manager on Earth. There is no corporate debt, no software revenue decay and zero executive key person risk. For a small fee of 0.25%, your capital is securely hard pegged to Bitcoin itself.
However it is best to exercise caution as US bond yields are testing 19 year highs. I would DCA iBit through Tiger Brokers Auto Invest. That way it takes the emotion of timing the market.
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- 1PC·08-21 22:14Nice Sharing 😁 @Barcode @Aqa @DiAngel @Shyon @JC888 @Shernice軒嬣 2000LikeReport
