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Cryptocurrency News and Profits

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Cryptocurrency News and Profits

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Cryptocurrency

Why the Recent Bitcoin Crash Won't Stop It from Hitting $100,000

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For most, it's hard to believe Bitcoin dropped $10,000 in 24 hours from Sunday into Monday.

But that's how this works.

Bitcoin's volatility is a feature, not a bug.

It's designed to transfer money from weak hands to strong ones.

The $10,000 drop makes for great headlines, but there is absolutely nothing abnormal about this 24% Bitcoin crash.

The reality is, this is a mild correction by Bitcoin standards and actually sets the world's first global decentralized cryptocurrency up for a more sustainable rise.

Here's why...

Cryptocurrency

How to Turn This Bitcoin Volatility into Big Profits

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So… it's been a heck of a week, right? And I'm not necessarily talking about what happened in D.C.

Bitcoin just went through what might be its most dramatic week in years, maybe the most dramatic ever.

Now, Bitcoin is famous for volatility and drama, but the past couple of days have seen volatility on a whole other level.

In less than seven days, we've seen the digital currency move from the low $30,000s to come within striking distance of $42,000… and back down to the low $30,000 before stabilizing in the $34,000 range. Talk about a roller coaster.

That leaves us with two big questions…

  1. What's causing these violent price movements?
  2. Where could Bitcoin go from here?

Knowing the answers to those questions is the key to cashing in right now, and as I'll show you in a second, it's all here in these charts. Let's jump in… Full Story

Knowing the answers to those questions is the key to cashing in right now, and as I'll show you in a second, it's all here in these charts. Let's jump in...

Bitcoin

Cryptocurrency Predictions for 2021: What 6 Crypto Leaders Told Us

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Bitcoin had a banner year in 2020 and is already making new highs in 2021.

The world of cryptocurrencies is becoming more mainstream every day.

So we decided to reach out to six people who are helping drive the crypto revolution to get their insights on what we can expect this year.

If you want to be prepared for 2021, you need to read this...

Cryptocurrency

The Bitcoin “Wildcatter” Who’s Called It Right Since 2016 Predicts Six-Figure Prices by 2022

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Our Bill Patalon recently sat down to a virtual interview with our resident Bitcoin expert David Zeiler, who’s predicting six-figure BTC prices by 2022.

What’s more, he’s called it right since 2016.

Read the full interview right here – you don’t want to miss it….

Read more...

Stocks

The 3 Best Bitcoin Stocks to Buy Now Have 716% Upside

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Fortunately, you don't have to buy Bitcoin itself to participate in its upside.

That's right.

You can buy stocks that have a high correlation with Bitcoin using whatever brokerage platform you're already using (Robinhood, eTrade, Charles Schwab, etc.) and still capture similar returns.

The companies I'm bringing you today are mining for Bitcoin, investing retained earnings into Bitcoin and holding it on their balance sheet, and even acting like a Bitcoin ETF.

The best part is – they go up when the price of Bitcoin goes up and you don't have to worry about setting up a new account at a cryptocurrency exchange.

Here are the three best Bitcoin stocks to buy now with 716% upside...

Bitcoin

Move Now: This Chart Reveals a "Big-Money Tipping Point" for Bitcoin

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Ever since Tom got into cryptocurrencies and Bitcoin, he's been saying they would reach a kind of critical mass that would lead to the kind of staggering profits we're just beginning to see today. From here, we can expect cryptos like Bitcoin to skyrocket. Indeed, we're at that all-important tipping point right now, and this chart proves it…

Read more...

Bitcoin

Why Ripple’s Problem Means Huge Bitcoin Profits

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There’s a huge controversy surrounding Ripple (XRP) right now – basically, Ripple insists it’s a cryptocurrency, but the SEC says it’s an unregistered security.

Andrew sees Ripple coming under increasing pressure as more exchanges pull the ripcord.

And that brings us to Bitcoin – the coin he’s expecting to be a huge beneficiary of all this….

Read more...

Bitcoin

How to Buy Bitcoin: The Money Morning Guide

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With cryptocurrency gaining wider acceptance as an asset class, more investors are seeing information on how to buy Bitcoin.

But buying Bitcoin isn't quite as easy as it is to buy stocks, bonds, or exchange-traded funds.

Brokerages remain wary of it.

But there are actually many ways to buy Bitcoin – almost too many.

That's why we've compiled this guide on how to buy Bitcoin...

Bitcoin

Owning PYPL and SQ Is Like Owning Your Own Bitcoin ETF

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Tom not only loves to trade, but he also loves to trade microcurrencies – namely, Bitcoin.

And his Money Calendar has recently uncovered two companies – both with optionable stocks – that correlate with Bitcoin itself.

And you don't even have to own BTC to be able to cash in here….

Read more...

Bitcoin

Why It's Financially Irresponsible NOT to Own Bitcoin Now

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Over the past two weeks, I've received 33 unsolicited messages from friends and family about Bitcoin.

Most are asking some version of the same questions: "Should I buy Bitcoin now? Or should I wait for the price to drop before buying?" My answer is more or less always the same… Ten years from now, you're not going to care whether you bought Bitcoin at $15,000 or $19,000.

Here's why...