Tesla Bought Bitcoin… Should You?

February 11, 2021

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Tesla Buys Bitcoin… Should You?

After all of the craziness we've seen in 2021 — and we're barely more than a month in — it was a slow news day Monday. There was one headline, however, that dominated the news: Tesla buying Bitcoin.

Just days after Tesla CEO Elon Musk added "#bitcoin" to his Twitter profile, it was announced in an SEC filing that the company bought $1.5 billion worth of the cryptocurrency.

Since the announcement, Bitcoin's price has jumped to a record high of over $44,000 — up 17% on the news.

Musk's company has been a trendsetter in the electric vehicle market, while other manufacturers just try to keep up. Now as Tesla buys Bitcoin in a huge amount, the company is all aboard the cryptocurrency train.

Should You Hop on Too?

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The Company Flourishing from the

Next Generation of Crypto

Tokens.com is a Proof-of-Stake technology company that provides investors a simple and secure way for people to invest in digital assets that power decentralized finance.

Instead of explaining how this business model differs from the typical blockchain Proof-of-Work model, I asked the CEO to explain it for you.

Andrew Kiguel, co-founder and former CEO of Hut 8 Mining explains Ethereum 2.0 vs. Bitcoin, how Tokens.com is profiting from the appreciation of its digital asset inventory and when the company expects to be publicly traded.

Watch the Full Interview Here

"What a valuable lesson I am getting from you. Thanks Roger!"

Choon L.

A Day Trader often closes all trades before the end of the trading day, so not to hold open positions overnight. A day trader is more concerned with price action characteristics of a stock itself. Volume, liquidity, price volatility, and average daily range are critical to a day trader.

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Tesla Bought Bitcoin… Should You?

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