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Cryptocurrency exchange Coinbase seems like the perfect "backdoor" investing strategy to play the Bitcoin craze. And investors may soon get a chance to own Coinbase stock...
The company is hiring a permanent CFO, which is a sign a Coinbase IPO could be on the way, according to a Feb. 21 Recode report.
The Cryptocurrency Everyone Else Will Regret Not Owning: To See Tom Gentile's No. 1 Crypto Pick and Exactly How to Trade It, Click Here Now
But if you've followed along with our research articles, this isn't a surprise...
Money Morning Cryptocurrency Expert David Zeiler published a report back in August 2017 about Coinbase being the first Bitcoin stock. Zeiler was one of the first financial journalists to write about Bitcoin back in 2011, and he even mined the crypto coin back then.
He's seen it all when it comes to cryptocurrencies, which is why he had the foresight to predict a Coinbase IPO months before the mainstream media took notice.
Editor's Note: Anyone who is signed up for our free cryptocurrency Profit Alerts service received this report right in their inbox as soon as it was published.
Of course, Coinbase will be a popular "backdoor" crypto investment when it goes public. Investors are hoping to get a slice of potentially explosive gains of cryptocurrencies - like Bitcoin's 1,364% eruption in 2017 alone - by owning a traditional stock instead of a crypto coin.
But retail investors have two problems with crypto investments right now...
Owning a crypto stock won't give you the explosive potential of owning a cryptocurrency, and jumping right into the crypto market can seem like the Wild West.
Finding which coins have the most potential can be even more daunting.
Fortunately, our readers have Money Morning's options trading specialist, Tom Gentile, at their disposal.
In fact, he sees the "Buy" signal on a cryptocurrency trade he thinks could turn a small stake into more than $40,000, based on his analysis...
Is their a way to get in contact with micheal or tom? Also i was wondering if and when their will be new trade recomendations to the nova x report for 2018. Im looking to get into a new opportunity at the ground floor. Lastly i was wondering about trades and alot of the penny stocks that are not in the trade portfolio but ones micheal.talks about in his e mails. Are thoes good buys asweell? Do you guys have a copy trade system?
Great