Bitcoin – Strategy and Management Consultants

Bitcoin investment simulator!

Workers will soon be able to put some of their retirement savings in bitcoin, but the crypto crash has made it clear what a risky bet it is. The currency has lost more than 50 percent of its value from November to May. So while those who invested in bitcoin even two years ago may have seen big returns, any investor jumping in now could be in for losses. You can use the NBC news simulator whereby you’ll have $10,000 to play with, and you can put up to $2,000 in bitcoin. Pick any start date in the past 18 months — or use our presets — and see which would have been the better

by Think Tank June 7, 2022June 7, 2022 Leave a Comment

Investment

Confusion over crypto currency!

Clients are now demanding access to their digital assets but are unsure of how to get them, when they will be able to and will brokers be able to sell them. Brokers are aiming to avoid trading straight assets directly, leaving that to specialty shops but instead give advisers access to a selected number of digital and crypto linked funds while waiting for SEC and give the all clear on exchange traded funds that invest into Bitcoin like currencies. However, due to the increase in demand the all clear is taking longer so access to the currency is taking longer. ____________

by Think Tank February 22, 2022February 22, 2022 Leave a Comment

Is bitcoin a safe-haven asset? Or a lie?

While checking-out of a DIY store over the weekend I overheard two young cashiers talking about investing all their savings in Bitcoins. I was concerned. Why? Fact:The price of bitcoin hit a new high of $57,505 nearly 6 times its value one year ago. Recently:In 2017, Bitcoin prices climbed 15-fold, before bubble proved unsustainable, and then bitcoin's price crashed 80% by the end of 2018. The mania:Is bitcoin "a lie," or "the stimulus asset"?Is bitcoin "a lie," or the new "safe-haven asset"? For me bitcoin is the new obsession. In the light of modern obsessions that have

by AAMEVOL February 23, 2021February 23, 2021 Leave a Comment

alternative assets, digital assets, Investment, Strategy Consulting

Why did Tesla buy Bitcoin?

Tesla has put almost 8% of its reserves into the cryptocurrency.As per Form 10-K, on page 23, TESLA states, “In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other asset

by AAMEVOL February 12, 2021February 12, 2021 Leave a Comment