You may have laughed at us when we put together our “Crypto Peak?” magazine last summer…
Bitcoin was dead – hadn’t we heard?
We weren’t convinced. And many of the folks we talked to weren’t either.
In fact, in that issue American Consequences feature contributor Teeka Tiwari wrote:
Since 2011, bitcoin has been declared dead at least 129 times…
Others like the idea in theory but have doubts. They are convinced the government will shut down bitcoin and render it worthless. If it were 2013, I would have agreed with them. From 2009-13, bitcoin rallied from a fraction of a penny to more than $1,100… and then spectacularly crashed 85% to $185.
Then something strange happened. Instead of collapsing back to pennies, bitcoin found support… and started creeping higher again. As Teeka wrote:
The fact that bitcoin was still attracting buyers even after the onslaught of negative news… an 85% price crash… and universal scorn… said something to me.
It said that maybe this asset had real value. At the very least, it told me that more investigation was needed.
Teeka closed out his essay with one sentence: “Bitcoin’s ‘reserve’ status means it deserves a home in your portfolio.”
Those were incredibly profitable words, if you were paying attention.
When we published that crypto-focused issue, one bitcoin was trading around $2,000. Now, we gave plenty of warnings, too – like don’t buy bitcoin or cryptocurrencies with the rent money. We tried to make it clear that it was a high-risk speculation.
But boy, did the high-risk turn into high reward…
By the end of the year, the price had crossed $20,000. No one would have believed that kind of rally when Teeka said “buy bitcoin” in our magazine.
Of course, a rally doesn’t mean that the volatile investment is safe. Far from it. This year, bitcoin has again plunged, falling to as low as $5,000 – a 75% drop – earlier this summer.
And once again, the headlines started to call for its imminent death…
- On June 30, the Independent said bitcoin would likely be “totally wiped out” and that cryptocurrencies would “disappear in a puff of smoke.”
- On July 2, the Sydney Morning Herald called it a “bloodbath”…
- On July 4, The Sun said bitcoin was “doomed to die” as a “failed experiment.” That same day, the New York Post said bitcoin would “soon be worth nothing.”
It’s hard not to believe these sorts of headlines. After all, bitcoin has been hit hard since the beginning of the year. And it does have its fair number of serious skeptics. Perhaps it really is dead this time?
In the past month, bitcoin has started climbing again… It just crossed $8,000.
And recently, Teeka Tiwari sat down with TV and radio host Glenn Beck to unveil his brand-new prediction for the cryptocurrency market.
It was the biggest, boldest call of his career.
If he’s right, what he shared could make you at least 1,000% on your money over the next 12 months.
That sounds like it should be impossible.
But look back at our July 2017 issue of American Consequences that I quoted earlier…
If you had acted on Teeka’s article and bought bitcoin when it was trading for about $2,000 – you could have made 1,000% gains within the next six months… And you’d still be up nearly 300% if you’d held through the big 2018 drop.
Teeka is a former Wall Street hedge-fund manager. You may have even seen him on CNBC.
But most important, he was also one of the earliest analysts in the cryptocurrency sector trying to make sure that regular, everyday investors like you could understand what bitcoin meant… how to buy it safely… and to avoid buying the coins that were outright frauds.
Over the past two years, Teeka has recommending buying about 40 different cryptocurrencies… his average recommendation is up nearly 1,000%.
And one of his positions is up more than 10,000%.
That could have turned a small stake of $500 into $50,000… or an investment of $2,000 into $200,000.
So if today you think bitcoin is dead… remember what you thought a year ago. And think how you might feel today if you had acted then.
The best time to buy bitcoin was about three years ago.
The second-best time was last year, right around when we published our crypto magazine.
Guess what today is?
Teeka says that you haven’t missed out on this opportunity… yet.
He thinks bitcoin can push past its recent all-time high of about $20,000… to a whole lot more. And a handful of tiny, lesser-known cryptocurrencies could go up far more.
If you’re interested in the full story as Teeka shares what he expects next with Glenn Beck… along with three cryptocurrencies you can buy right now… click here.
Now on to the latest news…
What could possibly go wrong?
The Federal Reserve likes to upset the “natural order” about once a decade… History shows this is a bad thing. The inverted yield curve has caused every market peak over the past 40 years.
None of these claims seem implausible… In fact, they may be far too likely…
What would the decline of America look like? I don’t ask the question because I think it’s happening (yet?), but because even the most inveterate optimist should be interested in the dangers, if only to ward them off.Who will win the war on America’s past?
The lunatic self-righteousness of the Left, where disagreement is bigotry to be prohibited by law or even condemned and prosecuted as treason, is a consuming, destructive fire that will not be easily quenched, and cannot be reached by cool waters of rational argument.
Careful who you criticize… They may be making you a lot of money.
His greatness as a golfer is a brilliant reminder of a crucial truth that the overly sensitive and emotional in our midst would rather not acknowledge: the unequal elevate us. Endlessly. Woods is the living embodiment of what is rather inconvenient to the class warriors in our midst.
Who’s surprised at this?
Under President Trump, the economy is surging. Optimism is at record highs. The unemployment rate is at 18-year lows, and for blacks and Hispanics it’s at all-time lows. Median household income is at an all-time high. Worse still for Democrats, voters credit Trump for the economy’s revival after years of stagnation under President Obama.
Finally, didn’t read Teeka’s essay in our July 2017 issue of American Consequences? It’s right here…
The next time you find yourself being scared out of owning bitcoin by a negative article, do yourself a favor… Read the last 129 times bitcoin was declared dead.
And let us know what you’re reading at [email protected].