Avoid Chasing Bitcoin's Price Swings, Expert Warns
Investor Gary Cardone has reportedly made $750K without investing in Bitcoin. According to him, chasing the asset's price swings is a recipe for disaster. Instead, he suggests focusing on preferred stocks like STRC, which can generate significant dividends.
The idea is to use these dividend payments to buy Bitcoin when its price dips, rather than risking capital on volatile swings. Cardone warns that buying now, with prices at current levels, may be a mistake due to an impending pullback to the $70K range.