Mike’s note: The only times we stray from our usual Market Minute is when I see a huge moneymaking idea cross my desk that I just have to get out to you. Today’s essay is no exception.
Teeka Tiwari is the editor of Palm Beach Confidential and has been called “the world’s most trusted cryptocurrency expert.” And with the next bitcoin halving just around the corner, Teeka predicts that some crypto-coins could rapidly rise by thousands of percentage points in gains.
But, even if cryptocurrencies aren’t for you, Teeka’s here to show that there are a number of blockchain plays that can be easily accessed through an ordinary brokerage account…
Read on to learn why Teeka says blockchain will be the most important technology of the next decade, and click right here to learn how you can access Teeka’s blockchain stock picks…
Now Is the Time to Look for Blockchain Stocks
By Teeka Tiwari, editor, Palm Beach Confidential
“Still buying that magic internet money, huh, T?”
It was early 2016… and I was on the phone with one of the most irritating people I know.
The guy happens to be a very good trader. At market inflection points, I’d call him, and he’d give me great reads on the market’s next direction.
In my head, I call him “Mr. Haircut.” His hair looks like his mom put a bowl over his head and cut around it.
I was sorely tempted to unleash a tasty zinger on him about his hair in return… But instead, I restrained myself.
I put on a smile and simply said, “Yes, I am.”
If you’ve been following me since I made that call in 2016, you’ve had the chance to see life-changing gains in crypto.
For example, I recommended bitcoin when it was trading a hair south of $400… At the time, people laughed. They told me crypto was worth nothing.
But I did my research. And we know what happened next… Bitcoin shot up past $1,000… $5,000… reaching $20,000.
That same month, I recommended another small crypto called ether at $9. It exploded to as high as $1,432 – a 15,821% peak gain.
A year later, I spotted a tiny crypto called Antshares (now NEO). It went ballistic, shooting up over 150,000%. That would turn every $500 into $750,500, and every $1,000 into more than $1.5 million.
Today, Mr. Haircut still sits in front of his screen trading.
Now, don’t get me wrong. He does OK for himself. But he has to show up to work every day… and I don’t.
The same is true for many of my subscribers like:
- John B., whose starting stake of $250 bloomed to $250,000.
- Ted T., who turned $20,000 into $691,000.
- And Barry W., who saw his crypto account hit over $4.5 million in just a few months.
They’ve made enough money from crypto to never have to work again.
The freedom crypto has given my subscribers has been life changing… And it’s about to happen again.
Goldman Sachs Gets Bullish on Blockchain
As you know, I believe we are on the cusp of another boom in crypto prices. And it all has to do with a rare event I call “The Phenomenon.”
If you’ve been following me, you know the Phenomenon is the combination of two forces: the bitcoin halving and a massive increase in demand.
The last two times this rare phenomenon occurred (in 2012 and 2016), we saw crypto prices go up 22,800% and 3,247%, respectively, in just 19–21 months.
And with the halving just around the corner on May 12… and demand ramping up as I write, it’s an incredible time to be in crypto.
So why am I recommending blockchain stocks now?
It all has to do with a recent report issued by the World Economic Forum…
It estimates blockchain projects will store 10% of the world’s gross domestic product by 2027. That’s $8.6 trillion. By contrast, the entire crypto market cap is around $250 billion today.
That’s potentially a staggering 3,300% jump in less than a decade.
Meanwhile, market intelligence firm CB Insights estimates blockchain will disrupt over 50 industries including banking, insurance, internet security, advertising, Internet of Things networks, cloud storage, real estate, healthcare, supply chains, and many others.
I can’t tell you how many different projects I’ve come across in which blockchain tech is helping to alleviate the coronavirus crisis…
- It’s helping to secure supply chains
- It’s being used to authenticate N95 masks
- And one report I saw said it will help the healthcare industry save up to $150 billion each year
According to Goldman Sachs, blockchain technology will add $37 billion to the U.S. economy by 2021. And 77% of financial companies expect to implement blockchain technology this year.
It’s naive to imagine that all of this wealth will only go into crypto assets. Some of it will – of course – go into stocks helping pave the way for blockchain adoption.
And that’s why we need to get exposure now…
Bet on Blockchain Stocks… Now
Remember, blockchain is simply a decentralized ledger. Basically, it’s a network that records transactions made in bitcoin or another cryptocurrency.
It’s similar to the internet in many ways. So, startups in blockchain aren’t too much different than early internet startups.
But up until recently, there were no credible pure-play ways to get stock exposure to the blockchain boom.
Almost all the stocks purporting to be in blockchain were hastily rebranded public companies looking to cash in on crypto mania.
But that’s no longer the case. Real, credible players are emerging. And we need to own them.
That’s why, for the first time since launching Palm Beach Confidential in 2016, I’m making my first pure-play blockchain recommendations.
Now, out of fairness to my subscribers, I can’t name the specific stocks.
But understand this: Blockchain stocks are maturing, and we’re starting to see pure-play blockchain companies emerge that – in some cases – will offer the same asymmetric upside as the cryptos themselves.
So, now’s the time to add early-stage blockchain companies to your portfolio.
Years from now, when we look back on the waves of innovation that launched us to new levels of human advancement, we’ll see blockchain at the forefront.
Let the Game Come to You!
Editor, Palm Beach Confidential
P.S. In addition to my two blockchain stocks, I’ve uncovered five tiny coins I believe could turn $500 into a $5 million windfall thanks to the Phenomenon.
As I mentioned, the Phenomenon is just around the corner. So there are only a few days left to act.
The window to profit from these two blockchain stocks and my five coins is closing quickly. So, click here to watch my special presentation before it’s taken offline forever…
In Case You Missed It…
Angel investor Jeff Brown has put his money into 130 tech startups…
And he’s profited on 93% of them.
In three of the last four years, he picked the No. 1 Tech Stock on the S&P 500… before it went up.
Now, he’s found a new opportunity.
A company that makes the tiny device critical to every single new 5G phone.
Apple is expected to release their phone on or around Sept. 22.
When they do, shares in this tiny devicemaker could soar.