| There’s this big bank called Standard Charted.
It’s a British bank based in London. It’s worth over a trillion dollars, and right now, they have a $500,000 price target on Bitcoin over the next 2 years.
I personally don’t believe it’s going to get that high. But regardless of how I feel about a London bank’s Bitcoin prediction, I have to focus on this…
We have a pro-crypto presidency right now.
Donald Trump is aiming to take off all the regulations. You got meme coins everywhere.
So even if I’m not a crypto trader, why wouldn’t I try to find ways to ride coattails of a crypto presidency?
To add more fuel to the fire, there’s also the current negative sentiment surrounding the U.S. Dollar and bonds. People are losing faith in the dollar and losing faith in the treasury. Now they’re shifting money into gold and crypto.
So with a pro-crypto environment and negative U.S. dollar sentiment, how do you play this trend to your advantage?
Well, there are several ways.
For one, you could put our money into some weird meme coin. But I won’t be doing that.
Instead, I’ve been trading an ETF that’s bound to go up as Bitcoin goes up.
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This is especially useful since Bitcoin tends to correct 30, 40, 50% at a time after a big move up like it just did. So if Bitcoin drops down, we’ll be able to add more to this trade.
It also gives us time to ride the ups and downs of Bitcoin, so we can make mistakes without losing profit.
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