$BITO ETF for Bitcoin with Monthly Dividends
If you're planning to invest for the long term and want to bet on Bitcoin's growth while expecting a decline in the value of the US dollar, you might want to consider an Exchange-Traded Fund (ETF) called $BITO. This ETF can be a good option.
What's interesting about this investment is that it offers a dividend yield of 14.49%, and this dividend is paid out every month. If you're considering entering the market, a good entry point could be around $22.52 per share. To manage your risk, it's advisable to set a stop-loss order at $21.84, ensuring you have some protection in case the investment doesn't go as planned.
It's suggested to remain optimistic about the investment as long as the price stays above the balance line of $21.82 at this moment.
What's interesting about this investment is that it offers a dividend yield of 14.49%, and this dividend is paid out every month. If you're considering entering the market, a good entry point could be around $22.52 per share. To manage your risk, it's advisable to set a stop-loss order at $21.84, ensuring you have some protection in case the investment doesn't go as planned.
It's suggested to remain optimistic about the investment as long as the price stays above the balance line of $21.82 at this moment.
Comment:
This one has turned out very well. Bullish on BTC