๐Ÿ“ˆ Is It Too Late to Buy Bitcoin?

Plus: When did the bull market start?

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Good morning & Happy Friday.

Markets were closed yesterday as Americans celebrated Black Friday. Today is a short one, but weโ€™re sharing some of our favorite Black Friday sales along with some crypto news.

Grab your Americano and let's get into it! โ˜•๏ธ๐Ÿ‘‡๏ธ

Markets

Here are some of our favourite Black Friday sales. (Some of these may be ref links but we personally use and love all of these products).

๐Ÿ”‹ Anker is running a 50% off sale, giving out free gifts and mystery boxes. I use their dongle and portable chargers all of the time.

๐Ÿ’ป๏ธ This 2024 M2 Macbook Pro is an incredible price, maybe one of the fastest laptops ever for under $1000 (Iโ€™d buy one if I wasnโ€™t already writing this on one).

๐Ÿ“Š We use Tradingview every single day, theyโ€™re currently running a sale with up to 75% off.

๐Ÿ“• Reminiscences of a Stock Operator is an incredible book that tells the story of a trader who rose from nothing to become one of the richest in the world, only to lose it all. It highlights the timeless importance of market psychology and remains one of my all-time favorites. Right now, itโ€™s on sale for $13.

๐Ÿ“ˆ US Futures Gain
US equity futures climbed alongside Treasuries this morning as markets reacted to speculation that President-elect Donald Trump might scale back his harshest trade policies. The softer stance fueled a selloff in the dollar, leading to its largest weekly decline in three months. Investors seem to be cautiously optimistic about a more measured economic approach.

๐ŸŽบ US bitcoin ETFs head for record monthly inflow on Trump optimism
ETFs from major issuers like BlackRock and Fidelity Investments pulled in $6.2 billion in November, surpassing Februaryโ€™s $6 billion peak. This surge reflects growing investor interest in these products since their debut earlier this year.

๐Ÿค” Is It Too Late to Buy Bitcoin?
A reader of Benโ€™s blog asks whether itโ€™s too late to add Bitcoin to their portfolio via one of the new ETFs, given its sharp rise this year. While BTC is often seen as a valid diversification tool, Ben raises a key point: Why now? The ETFs launched in January when prices were significantly lower. And buying near $100k could indicate a FOMO-driven decision.

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