Upcoming Bitcoin Buy Opportunity For Next Bull Stretch


Bitcoin 2X being suspended has led to a boon for altcoins and consolidation for Bitcoin. I suspect Bitcoin will break out to down side and I have buy orders set up to capture any downside to roughly $4,000 (first orders around $6500). Institutional investors will be looking to get into the market on any correction now that the network threats are out of the way from Bitcoin 2x, meaning that new money should enter the market over the coming months.

As absurd as it might sound, I suspect we are at the beginning of the next bull stretch for cryptocurrencies in general. Altcoins are recovering to levels prior to the massive run in Bitcoin (many still aren’t there yet, but are nearing all-time highs in USD given Bitcoin’s price). I still like any altcoins that are depressed relative to Bitcoin and especially those that are currently laggards in recovering if they are strong projects.

As always, I’m happy to hear your thoughts. Now many of you are on the opposite side of me yet again! But that’s what’s great about investing: Everyone has their own perspective. I’d love to hear yours. Thank you for watching.

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If you like my content, you can support me through using ANY of the affiliate links below (I receive small compensation). The beauty of affiliate links is that I can pick and choose what I like rather than have companies approach me – everything I linked below (with the exception of Trezor since I like Ledger), I use myself frequently.
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My Recommended Hardware Wallets:

If you want to store your cryptocurrencies safely, the best way is through a hardware wallet. Seriously – look it up and you’ll find plenty of information supporting this claim. There are alternatives such as paper wallets, but these are convenient and my choice for cold storage (offline):

Ledger Nano S: http://amzn.to/2hZPj0q
Trezor: http://amzn.to/2AxD9TN
Ledger Blue (expensive): http://amzn.to/2hk7xst

I personally prefer the Ledger Nano S, but the Trezor is such a close second that it really doesn’t matter which one you go with. Ledger Blue is premium and convenient, but not necessary.
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My Favorite Book for Investing in Crypto:

Cryptoassets: http://amzn.to/2zKDdCF

This book is, bar none, my favorite book for investing in cryptocurrencies. It doesn’t bog you down with technical jargon, but instead focuses on all the elements you should understand before you invest.

It’s a comprehensive book for both beginners and experts. Beginners will find information about major cryptocurrencies (not just Bitcoin) as well as details on historical market events (that you can draw on for future) and events to watch for moving into the future. Experts will find the chapters on valuation particularly useful. For those of you involved in traditional investing, this book is even more of a godsend as finance info is explored (correlations with other asset classes, ETFs, etc).
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My Recommended Exchanges: Coinbase / GDAX / Bittrex

Coinbase is much less intimidating for beginners. Once ready, move up to GDAX for cheaper or zero fees. For altcoins, I recommend Bittrex.
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None of what I provide in my videos is investment advice. Please do your own due diligence.
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