SOXX
iShares Semiconductor Tokenized ETF (Robinhood)
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Looking to buy $10-20,000 CAD of Bitcoin or crypto- how to hold it/buy it best recommendations.
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SOXX is up 60% YTD, but certainly take profit if you were smart enough to climb on.
What fear? Bitcoin is barely down while the NASDAQ and especially SOXX is a bloody mess.
this is why these “inevitable October dump” spastics need to be banned. Seriously. They’re thinking in a 2017 mindset and cannot get out of it. BTC is institutionalised. 4 year cycles are guidelines. Bitcoin doesn’t magically follow some rule where it must reach X price by this exact month. Anyone saying that shit couldn’t be more clueless. Today’s rally up was not just BTC related: • NASDAQ: +2.75% (insane) • S&P 500: +1.55% (also insane) • SOXX: +4.95% (ridiculously big surge) It’s a sector wide, global risk on day for tech and growth assets. If you want some tangible advice, don’t dca weekly. DCA every 2-3 days in smaller amounts. A lot can happen within just a week with such a volatile asset. You could be buying at a time when the US stock market opens or you could be buying it when it’s closed depending on the day