Crypto Chartbook - Three Ways To Buy Bitcoin

Dec. 14, 2021 1:53 PM ETGBTC, BTC-USD3 Comments
Florian Grummes
5.03K Followers

Summary

  • Bitcoin has always reached new all-time highs again, and there is no fundamental or technical evidence that this behavior should change.
  • Given the beaten down prices, it is even more attractive to invest in bitcoin.
  • Bitcoin has already retraced from recent all-time highs in a typical percentage fashion for bitcoins trading behavior. Consequently, a turning point here is highly likely.
  • Therefore we are showing any market player a way to participate with low risk in this asset class, using three conservative ways to buy.

Glowing dark background with bitcoin symbol.

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Bitcoin is a store of value. Holding it long-term in one’s portfolio is an intelligent investment. And yet, many shy away from this particular emerging asset class due to its specific trading behavior. High volatility, especially in the midterm trading

This article was written by

5.03K Followers
Florian Grummes is an independent financial analyst, advisor, consultant, trader & investor as well as an international speaker with more than 25 years of experience in financial markets. Via Midas Touch Consulting, he is publishing weekly gold, silver, bitcoin, and cryptocurrency analysis for his numerous international readers. Florian is well known for Midas Touch Consulting, combining technical, fundamental and sentiment analysis into one often-accurate conclusion about the markets.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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