Editor's Note: Michael's paid-up Nova-X Report readers are getting his recommendation for a little-known "coin" – one of a type that The New York Times says is making people "hilariously rich" (click here for details). But he wants everyone to know about his favorite low-key way to potentially make money on this high-profit trend. Here's Michael…
A little more than nine years ago, on Jan. 12, 2009, Hal Finney became the first recipient of Bitcoin. That was the day the computer game developer and well-known "cyberpunk" downloaded the Bitcoin software from the cryptocurrency's creator(s), Satoshi Nakamoto – and received 50 of the digital coins for doing so.
That was the very first Bitcoin transaction.
At the time, those bitcoins had almost no value – less than $0.003, in fact. But at Bitcoin's December 2017 peak of nearly $20,000, those 50 coins were worth a cool $1 million.
Since the Finney-Satoshi transaction, we've seen the "debut" of more than 800 cryptocurrencies. Today, their market cap is at $759.7 billion.
Despite all that, in December, I began warning retail investors to stay clear of buying Bitcoin directly.
You see, I was worried that the new ability to trade Bitcoin futures, with all the Wall Street muggers and sharks coming out of the woodwork, would burn new investors.
Moreover, I predicted that the leading crypto would become highly volatile.
I was right. Over the next few days, Bitcoin fell as low as $10,000 – a 50% decline.
Here's the thing: I still believe Bitcoin has unlimited potential and is a great place for tech investors to make money.
That's why, in a moment, I'm revealing what I believe is the single best, safest way to play Bitcoin right now.
About the Author
Michael A. Robinson is a 35-year Silicon Valley veteran and one of the top technology financial analysts working today. He regularly delivers winning trade recommendations to the Members of his monthly tech investing newsletter, Nova-X Report, and small-cap tech service, Radical Technology Profits. In the past two years alone, his subscribers have seen over 100 double- and triple-digit gains from his recommendations.
As a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs and high-profile industry insiders. In fact, he was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon. And he was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
In addition to being a regular guest and panelist on CNBC and Fox Business Network, Michael is also a Pulitzer Prize-nominated writer and reporter. His first book, "Overdrawn: The Bailout of American Savings" warned people about the coming financial collapse - years before "bailout" became a household word.
You can follow Michael's tech insight and product updates for free with his Strategic Tech Investor newsletter.