For those looking to capitalize on BTC / ETH, I present HIVE
Another Canadian-specific play, via TSXV (venture index)
Felt stupid for buying at 2.81, after a couple of days, break-higher out of the bull-flag formation has confirmed. Considering adding more to this on a correction, which might be starting. Have a very small position and would like to have a better dollar-cost average in case this becomes a long term hold much like QBTC. Hive is a mining company that mines cryptocurrency. The issue is that they mine ETH...which is headed for proof of stake. Hoping they mine a ton and just stake it as a strategy. Only the future will tell, and keeping it small just in case.
Felt stupid for buying at 2.81, after a couple of days, break-higher out of the bull-flag formation has confirmed. Considering adding more to this on a correction, which might be starting. Have a very small position and would like to have a better dollar-cost average in case this becomes a long term hold much like QBTC. Hive is a mining company that mines cryptocurrency. The issue is that they mine ETH...which is headed for proof of stake. Hoping they mine a ton and just stake it as a strategy. Only the future will tell, and keeping it small just in case.
Trade active:
> continuing to look good, bought a bit more btw 2.80-2.40 > was a bit impatient, but will add when funds are available. Looking like a decent long term hold. BTC and ETH are both poised to go higher, but I suspect that a dip will happen down to 44/42K on BTC and a similar move down on ETH > if we get that, I advise buying both and also HIVE and QBTC if you are Canadian. USD should go for Greyscale. Looking for more USD based Bitcoin stock plays as well.
Trade active:
> Looking good, might purchase more on a dip...looking at that gap near 4.00 > has worked so far, this one should be a long term play. If ETH and BTC continue to see growth over the next couple of years, this one should move in strong correlation to both.
> Looking good, might purchase more on a dip...looking at that gap near 4.00 > has worked so far, this one should be a long term play. If ETH and BTC continue to see growth over the next couple of years, this one should move in strong correlation to both.