Stacking Sats: How Small Weekly Investments Can Offer Decent Returns
“Stacking Sats,” or purchasing small amounts of bitcoin over long periods of time, can pay off.Sats, short for Satoshi, are the smallest subunit of a bitcoin, which is divisible up to eight decimal places. “Stacking Sats” has become a common term in the Bitcoin community for building your holdings by purchasing small amounts of bitcoin at a time.Investing in bitcoin may seem daunting at times. Not only are there constant price fluctuations, but with a single bitcoin exceeding $55,000, it may seem as if you’ll never be able to build a decent-sized investment. To illustrate the power of....
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Stacking sats and decentralized finance are more similar economic modes than most realize.
Digital currency investment company BitAge Corporation has guaranteed up to 340% returns from its Bitcoin investment fund. The Panama company, which has already attracted investments worth over $1 million from around the globe, offers a number of investment plans — each catering for investors of varying financial calibre. For instance: its lowermost plan requires investors to invest a deposit between $10 and $299 (0.03-0.8979 BTC), which promises to yield up to 121% total return; whilst its topmost plans — as stated above — promises up to 340% returns out of the investment between $15,000....
The price of Ethereum's Ether is continuing to show weakness against Bitcoin despite its latest rally above $400. While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum's Ether (ETH) shows weakness, particularly the ETH/BTC pair.ETH weakness is also a clear indication that most altcoins are not showing strength either since they tend to reflect Ether's performance. The 0.03 sats level is a crucial barrier to hold ETH/BTC 1-day chart. Source: TradingViewThe daily chart of ETH/BTC shows a clear rejection at the 0.0325 sats level, through which....
Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair. In the past week, altcoins prices received a significant haircut, and investors who were light on Bitcoin (BTC) saw their portfolio value take a hit. Initially, Ether (ETH) price followed Bitcoin higher as the top-ranked digital asset rallied through the $12,000 resistance but as BTC continues to slowly push higher Ether struggled to flip $400 to support. Crypto market weekly price chart. Source: Coin360Ether’s loss of momentum and the....
The Bitcoin wallet belonging to Terra amassed a further $139 million in Bitcoin, bringing its total coffers up to 31,000 BTC or $1.47 billion. Watch out Michael Saylor! Do Kwon, CEO of Terraform Labs, is hot on the heels of MicroStrategy’s CEO. The Terra wallet has now amassed almost $1.5 billion in Bitcoin (BTC) following another huge BTC purchase. The wallet address thought to belong to Terra (while not officially confirmed) received another 2,943.00002511 BTC ($139 million) on Wednesday. Wallet alert accounts on Twitter have been tracking the wallet.The wallet began amassing colossal....