Andrew Tates top three investment choices for the conclusion of 2024

Andrew Tate, known for his aggressive persona and belligerent stance, has revealed his favorite investment picks for 2024. Despite his controversial image, he has shown support for cryptocurrencies, particularly Bitcoin (BTC) and Ethereum (ETH). Tate has also ventured into meme coins, such as Daddy Tate (DADDY), although it has struggled to gain momentum. Additionally, Tate has a mixed relationship with the crypto market, as he purchased a Madonna-themed token with the intention of crashing the Solana (SOL) network. However, recent rumors of a potential significant case and a mysterious drop in stablecoin volume raise doubts about the need for external help to crash the blockchain. Despite the adversity, SOL has continued to perform well, especially after VanEck’s plans to establish a fund were announced.

Bitcoin has been one of Tate’s most strongly endorsed cryptocurrencies, second only to DADDY. In mid-May, he declared that he would abandon fiat currencies and invest $100 million in BTC. However, given Bitcoin’s recent downturn, he may have incurred substantial unrealized losses. It remains unclear whether Tate followed through with the massive purchase, as he partially reneged on his statement in a subsequent reply.

Tate has also expressed bullish sentiments towards Ethereum. In May, he confidently asserted that he would call his audience “losers” if ETH reached $4,000. However, ETH crossed the $4,000 mark in March, prior to Tate’s tweet, and has since experienced a decline in value. As of now, the price of ETH stands at $3,431.81.

Apart from cryptocurrencies, Tate has also invested in GameStop (GME), following Keith Gill’s resurgence. While he believes that the meme stock mania is a form of resistance against what he refers to as the “Matrix,” it is unclear whether maintaining positions in GameStop or AMC Entertainment (AMC) is a wise decision for the remainder of 2024. Tate claims to have previously invested $6 million in GME and recently purchased an additional $100,000 of the stock. However, he has also admitted to losing a significant amount of money on GameStop.

Please note that the content of this article should not be considered investment advice, as investing carries inherent risks.