Bitcoin has been a lucrative asset for early investors, but its volatility has increased since 2021, leading many to turn to bitcoin mining. However, mining is becoming unprofitable due to rising competition and the need for constant capital investment and energy consumption. Riot Platforms, a bitcoin miner, has struggled to make profits and faces challenges from global competitors. Its shares have performed poorly and are predicted to continue falling, making them a candidate for short-selling at the current price of $7.20 with a stop loss at $12.
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Buying a Car? Trump’s Tariffs Could Make It More Expensive.
The impact of tariffs on car prices will vary by model, with manufacturers likely to distribute cost increases evenly to mitigate the impact. Consumers should not rush to buy a new car due to uncertainty over tariff implementation, but may consider purchasing sooner if their preferred model is available. Electric vehicles and plug-in hybrids may be a good option due to potential tax credits, but buyers should carefully consider their needs and charging options. Additionally,...
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