Aggies75455 said:
clinto said:
With Bitcoin looking like it may go on another run, what stocks are best poised to breakout with it? Riot maybe?
Not specific to Bitcoin but to me the play with a ton of upside is Ethereum. Bought several last week and although around 2100 per it has potential to have a Bitcoin like explosion in the near future.
Other than a select few, the crypto stock plays that 'feed' off of BTC movement have been hit or miss. Many are speculative in nature but could have upside. BTC can move and many of them don't.
There are multiple crypto plays that if you chart like a stock are easy to play. BAT-USDC, CVC-USDC, XLM-USD just to name a few in addition to BTC-USD & ETH-USD. There are a bunch. Percentage wise some of these others have greater % moves to play. They often follow BTC but ETH tends to be its own animal.
I use Coinbase Pro & TradingView platforms and apply basic TA patterns, volume and RSI.
If investing long and 'forget' about it, I like ETH and BTC with ETH being my primary. However I am making sure I have "Net Free" in the little guys also. Your never know.
Just my 2 cents and they are too much fun 24/7.