This is episode #11 in a series of 16 Investing Opportunities articles. In this edition we are going to exceptionally focus on crypocurrencies. To be more specific there is one, and only one, cryptocurrency in the top 100 (in terms of market cap) that has bullish momentum right now. In fact there are 2, but one of the two has an outspoken breakout setup. Many investors want to stay away from crypto investments because they are so afraid about volatility and have the perception crypto is still associated with the underworld. Nothing is further from the truth. We will address both issues in this article, and showcase this one crypto that triggered a buy signal last week. We shared a buy alert to premium crypto subscribers on October 2nd, 2019. Premium crypto members of our crypto investing research are always the first ones to get our premium ideas and insights, so they can act on it weeks (sometimes months) before we talk about in the public domain. In the meantime this cryptocurrency trades 35% higher. And we expect it will double from here. So this fits perfectly in our strategy to turn 10k-into-1M in 7 years time, as it may be one of multi-baggers we will hit in 2019 (it would be the 3d which is pretty unusual).
Let’s first address the 2 concerns that most traditional investors are concerned about when they look at crypto.
First, volatility in the crypto market.
Decent research in the crypto market reveals that you can ‘easily’ deal with volatility, and avoid being a victim of it. We were on record, even in the public domain, calling for the start of a new crypto bull market on Feb 25th, 2019. This is the article that we published Cryptocurrency Alert: The Crypto Winter Has Ended. Bitcoin was trading at $4.5k approx at that time.
Some 5 weeks later the crypto market broke out, and we published actionable insights to our premium crypto members. Even in the public domain we said this is a strong buy opportunity as the new crypto bull market got confirmed. This is our article from April 2nd, 2019: Bitcoin & Crypto: Bear Market Officially Ends Today, Bull Market Officially Starts Today.
Two months later Bitcoin peaked at $14k. Yes, even with a lot of volatility we are able to predict major moves.
Note that we only recommend holding a few cryptos, like 3 maximum (one or two is fine as well). That’s one of the necessary conditions to deal with volatility. The other is what we said above: decent research. A third tip is about controling emotions, and only trade once or twice per year, not more.
All this is what we write about on a weekly basis in our crypto investing research service, and we are particularly proud about the fact we were the first in the world to issue this type of service to the retail public and that most of our insights appear to be accurate (with luckily only a few exceptions).
Second, how (il)legal is crypto?
On the other point, how (il)legal crypto is, crypto is growing up and there are many ways in which crypto solves real life problems for real life (legit) people like ourselves, day to day. They may not be visible to you because crypto is just starting to scale, and it will take a few more years until it starts becoming part of our daily lives.
That’s what we said in our cryptocurrency predictions: 2019 will be a pivotal year in which successful crypto companies will start gaining traction. It is the year in which the foundation (basis) will be set for future success. The projects that do well right now are the ones that will become mainstream in 3 to 7 years from now.
Yes, crypto will help tremendously, and it will solve some deep rooted problems especially in the financial world which will make customer experiences so much better. Think of immediate exchange of value (from a currency to any other asset that has value, regardless whether it is a company share or a piece of land or anything else), real time deposit of money and value between services that were otherwise not connected (a traditional bank account to any other non-banking service), investing opportunities in assets that otherwise were not available for investing (art, land, properties, small but successful companies that cannot afford an IPO), and so on and so forth.
All this is happening, in front of our eyes, just on a very small scale right now. It is coming, in a few years we’ll start seeing how crypto will change the world!
So all that said it is clear to us that a few cryptocurrencies will deliver major returns, similar to 2017 but then only a handful of them (no ICO craze, no boom and bust, but real life value driven surges in some cryptos).
One of them is featured in this article, and it is a cryptocurrency that is extremely promising. It solves an underlying data availability problem. It has the potential to break through one of the major restrictions that exist today on the blockchain.
InvestingHaven’s research team pushed this crypto instantly to the 2nd place in its top 10 crypto list.
As seen on the chart this crypto is in bullish momentum. Moreover, it is one of the few, if not the only one, that is trading ABOVE the Dec 2017 / Jan 2018 highs. It successfully tested previous all time highs 2 weeks ago, two days before we flashed our buy alert to premium crypto members.
Now we see this textbook breakout. As seen, there is a new rising channel in which this crypto is moving. And it clearly suggests that a 3 to 4 fold increase is in the cards.
For prudent investors we suggest to get in now and sell once this crypto has doubled. No emotions, no excuses, just take the profits and apply our method of 10k-into-1M in 7 years based on hitting one (ideally 2) multibaggers per year.
For long term investors you may consider this one crypto, on our 2nd spot in our top 10 now, along with our #1 crypto favorite, for your long term portfolio.
By logging in to our crypto service, clicking to the ‘blockain alerts‘ page and looking at the first article which has the title “[Strong BUY] Our Top Must Hold 2 Cryptocurrencies + The 5 Most Important Crypto Charts For 2020” you get instant access to this crypto.
Again, if you just want to hold one or two cryptos, you can act on it now. It’s the ideal way to reduce volatility risks. Be disciplined in setting a sell target to reduce even more your future risk, unless you want to be in there for the long term. In the latter case you have to follow our weekly crypto alerts to receive our future sell signal as well as our exit plan to lock in maximum profits from these few exceptional cryptos.
