The Truth Behind the Crypto Craze
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From the Baltimore Clubhouse – I’ve been talking to my kids and friends about buying bitcoin.
Not because I want to create an expectation of making tons of money in these cryptocurrencies… at least not in the short run.
I want my kids (and you) to invest now for one important reason – to learn. You can learn about this transformational technology easily and inexpensively. For as little as $50, you can invest in bitcoin on one of the major cryptocurrency exchanges.
Sure, we could debate how quickly the adoption of cryptocurrencies like bitcoin – and its essential blockchain technology – will take place. We could debate whether or not investors will benefit in the long run.
But any debate misses the point… This technological revolution is already here. And it will drastically transform the way we make transactions in the future.
So the charge that cryptocurrencies are speculative and that you can lose all your money is moot. Lose a whopping $50? So what? By taking action today, even with very little, you will be light-years ahead of most investors in understanding how our financial exchanges will work in the future.
Today’s Market Wake-Up Call discussion is all about taking that first action. Even if you’ve already bought bitcoin, you’ll still want to tune in.
We brought in our favorite crypto expert, Adam Sharp. Adam is the co-founder of First Stage Investor.
Adam is a true early adopter in the changing landscape of private investing. He was the first to make The Oxford Club aware of the changes in the new crowdfunding laws more than two years ago that opened up private equity markets to regular investors.
A couple of years ago, Adam encouraged me to buy bitcoin… and I did. Unfortunately, when the bitcoin price stagnated last year, I sold it out of boredom. This was obviously a big mistake since it went from about $550 – where I sold it – to more than $5,000 today. And since reading Adam’s latest report, I’ve reinvested in cryptocurrencies.
And it was a good move…
Adam has an impressive track record with cryptocurrencies. Since he recommended them in First Stage Investor three months ago, subscribers are up 15% on Litecoin and 74% on bitcoin.
Today, he talks with Host Steve McDonald about why you should create a cryptocurrency portfolio and how to do it safely through diversification and dollar-cost averaging.
For years, Adam has argued that cryptocurrencies will surge for two reasons. And they’re reasons most media pundits and naysayers have missed entirely…
First of all, Americans are spoiled when it comes to our dollar being the world’s reserve currency. We are fortunate to live in a country where democracy, capitalism and the rule of law are relatively respected and applied, giving us tremendous advantages in wealth creation and preservation.
Yet these advantages often make us provincial and blind to external financial forces at work.
By assuming a non-American perspective for a moment, you can begin to understand why this crypto revolution is happening…
Imagine that you lived like the majority of people around the world do, without faith that your government’s currency is a reliable store of value or exchange. Imagine that you lived with severe restrictions on investing and saving due to poverty or centralized control.
Certainly, you wouldn’t have access to a stock market. However, with a smartphone, you could access bitcoin – a store of value that is much safer and more viable for you and your family. What would you do?
This revolution is a bottom-up one, where disenfranchised citizens around the world are taking note… and that’s why it’s so powerful and gaining steam so quickly.
In addition to the global monetary revolution, bitcoin is surging for another reason…
Buying bitcoin will get you involved in the blockchain. The blockchain is a decentralized technology. And so bitcoin is a decentralized currency based on the blockchain.
Blockchain is the new technology that makes the creation of these cryptocurrencies possible. It will transform our lives over the next 20 years. And the easiest way to learn about it and benefit from it is to buy bitcoin on an exchange like Coinbase or Gemini.
The blockchain is what the world’s leading technology experts are calling the “new internet.” It’s essentially a decentralized, autonomous, impermeable and trustworthy ledger system of records. And one that doesn’t require a centralized authority or intermediary.
Many of the world’s leading financial institutions are investing millions of dollars – right now – to apply blockchain technology to their daily transactions.
Our prediction: Within a few years, the word “blockchain” will become as ubiquitous as the word “internet.”
My job here is to make certain that none of our Members are in the dark about this transformation. Listen in on today’s Market Wake-Up Call to learn more, or click here.
Enjoy your Sunday,
Julia