Opportunity to Achieve Trading Success with Chuck Hughes: Exclusive Webinar Invitation!
Wednesday, Dec 20th at 4:00pm ET
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This event is a must-attend for anyone eager to deepen their understanding of options trading and elevate their investment strategies.
Chuck Hughes' strategies and insights have been instrumental in guiding traders towards smarter, more informed trading decisions. Don't miss this opportunity... Click Here to learn from one of the best in the industry.
Seats are limited, so we encourage you to secure your spot at the earliest. We look forward to welcoming you to what promises to be an enlightening and enriching experience.
One of the biggest comeback stories of the year has been Bitcoin.
While the digital currency recently slipped, the run is far from over.
Not only are traders still betting on a potential BTC ETF, but newer FOMO traders are coming in, too. From here, some analysts say BTC could rally to as much as $100,000.
Standard Chartered reiterated its call for BTC to hit $100,000 by the end of 2024, as noted by CNBC. “Matrixport, which bills itself as a crypto financial services firm, released a note last week projecting bitcoin would reach $63,140 by April 2024 and $125,000 by the end of next year.”
Even Blocktream CEO Adam Back says BTC could hit $100,00 before its next halving. “Back also believes that Bitcoin could potentially reach between $750,000 to $1 million per token under a bullish scenario. While some enthusiasts align with Back’s bullish outlook, others criticize what they see as speculative guessing in an unpredictable market,” says CryptoSlate.com.
Not only is that great news for BTC investors, it’s also a solid catalyst for BTC mining stocks, such as Marathon Digital (MARA), and Riot Platforms (RIOT). It’s also a solid catalyst for companies with significant BTC holdings, including MicroStrategy (MSTR).
Another great way to trade BTC upside is with an ETF, such as:
ProShares Bitcoin Strategy ETF (BITO)
When Bitcoin pushes aggressively higher, we can look at the Pro Shares Bitcoin Strategy ETF (BITO). With an expense ratio of 0.95%, the ETF tracks the performance of spot Bitcoin, and is the world’s largest and most actively traded cryptocurrency ETF, according to ProShares.
We are going to analyze the following popular trading systems/methods in an attempt to determine which has the best chance of success:
1. Trend Following Systems 2. Fundamental Trading 3. Option Trading - Purchasing Options Only - Selling Options Only - Option Strategies 4. Combination of the Above
We are not examining the innumerable other technical methods for several reasons. First, an in-depth examination of the multitude of systems could easily produce a 200+ page book instead of an article. Second, our studies have shown that the methods we have listed have been the most successful and popular.
Elite Wall Street trader, Joe Duffy, is allowing a limited group of future-elite investors into his masterful daily trades at thousands of dollars less than what others charge.
When you join today for $1, the first month you'll receive:
Joe Duffy’s daily video newsletter with updates on what's happening in the markets that very day. Rather than watch talking heads for hours on cable, I'll get you up to speed in minutes.
You get weekend updates where I delve more into 'bigger picture' looks at the marketplace. Videos are illustrative, instructive, concise, and un-hedged. No double talk here.
PLEASE READ: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC’s website: All About Auto-Trading, TradeWins does not recommend or refer subscribers to broker-dealers. You should perform your own due diligence with respect to satisfactory broker-dealers and whether to open a brokerage account. You should always consult with your own professional advisers regarding equities and options on equities trading.
1) The information provided by the newsletters, trading, training and educational products related to various markets (collectively referred to as the “Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by TradeWins Publishing (“TradeWins”) a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. The Services are intended to supplement your own research and analysis.
2) TradeWins’ Services are not a solicitation or offer to buy or sell any financial products, and the Services are not intended to provide money management advice or services.
3) Past performance is not necessarily indicative of future results. Trading and investing involve substantial risk. Trading on margin carries a high level of risk, and may not be suitable for all investors. Other than the refund policy detailed elsewhere, TradeWins does not make any guarantee or other promise as to any results that may be obtained from using the Services. No person subscribing for the Services (“Subscriber”) should make any investment decision without first consulting his or her own personal financial adviser, broker or consultant. TradeWins disclaims any and all liability in the event anything contained in the Services proves to be inaccurate, incomplete or unreliable, or results in any investment or other loss by a Subscriber.
4) You should trade or invest only “risk capital” – money you can afford to lose. Trading stocks and stock options involves high risk and you can lose the entire principal amount invested or more.
5) All investments carry risk and all trading decisions made by a person remain the responsibility of that person. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not produce losses. Subscribers should fully understand all risks associated with any kind of trading or investing before engaging in such activities.
6) Some profit examples are based on hypothetical or simulated trading. This means the trades are not actual trades and instead are hypothetical trades based on real market prices at the time the recommendation is disseminated. No actual money is invested, nor are any trades executed. Hypothetical or simulated performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. Also, the hypothetical results do not include the costs of subscriptions, commissions, or other fees. Because the trades underlying these examples have not actually been executed, the results may understate or overstate the impact of certain market factors, such as lack of liquidity. Simulated trading services in general are also designed with the benefit of hindsight, which may not be relevant to actual trading. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. TradeWins makes no representations or warranties that any account will or is likely to achieve profits similar to those shown.
7) No representation is being made that you will achieve profits or the same results as any person providing testimonial. No representation is being made that any person providing a testimonial is likely to continue to experience profitable trading after the date on which the testimonial was provided, and in fact the person providing the testimonial may have experienced losses.
8) The author experiences are not typical. The author is an experienced investor and your results will vary depending on risk tolerance, amount of risk capital utilized, size of trading position and other factors. Certain Subscribers may modify the author methods, or modify or ignore the rules or risk parameters, and any such actions are taken entirely at the Subscriber’s own election and for the Subscriber’s own risk.
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