Category

cryptocurrency

Bitcoin

Here's Our Bitcoin and Crypto Outlook for 2018

David Zeiler and I have known each other and worked together for 20 years now. We worked together at The Baltimore Sun, and I hired Dave here when I helped launch and then ran Money Morning.

We've become good friends.

I've become one of his biggest admirers.

Indeed, I even started a kind of "running gag" with Dave on Twitter, where we're both active users. Anytime I see Dave post something substantive about Bitcoin or other cryptocurrencies, I "reply" with some variation of this tweet:

#Attention: If you aren't following @moneymorning #cryptocurrency editor @DavidGZeiler, then you really aren't following #bitcoin or #ethereum or the #blockchain. Dave is a #mustread/#mustfollow expert on #cryptocurrencies.

Here's the thing…

While I admit that this is a "running gag" between us, what I'm actually saying is no joke.

No joke at all.

In just a few short years, Dave has become one of the most prescient, most widely read chroniclers on cryptocurrencies. He's part of the amazing "bench" that Publisher Mike Ward has built here at Money Map Press – and underscores why we're "investment idea leaders" in areas like technology, cryptocurrencies, energy, medical marijuana, options trading (and trading systems), and wealth creation.

That's why I invited David to talk specifically about Bitcoin and cryptocurrencies.

Dave amassed his expertise the "right" way – through immersion. He was one of the early Bitcoin "miners" – back when it was still possible for an individual investor to be a go-it-alone cryptocurrency prospector.

Since then, as an Associate Editor at Money Morning, Dave has become one of the industry's foremost writers/analysts about all things related to cryptocurrencies.

And he's made some stunning calls along the way.

In early 2016, when Bitcoin was trading at $450, Dave predicted – on the record – that the crypto coin could zoom to $2,000 – and then go higher from there.

Much higher.

As we know now, Bitcoin did soar – just as he predicted. It zoomed past $19,000 before the crypto market collapsed.

When we last talked to Dave, it was during the big Bitcoin sell-off early in the year.

As part of the activities here at 2018's midpoint, I thought Dave would offer some terrific insights about what to expect in the last half of the year.

He didn't disappoint...

Bitcoin

Use This Strategy to Protect Yourself Against Bitcoin Price Rigging

If you suspected Bitcoin price rigging is going on, you're not alone. The U.S. Justice Department and the Commodity Futures Trading Commission are conducting a joint investigation into possible Bitcoin price manipulation at multiple exchanges.

And at least one study has pointed a finger at the Bitfinex exchange. But that leaves cryptocurrency investors wondering what they should do with this information.

Whatever is really going on, investors just need to stick to these simple guidelines...

Technology

A Blockchain ETF Is the Best Play for This $3.1 Trillion Market

A blockchain ETF is a great way to play this new tech without buying volatile cryptocurrencies.

Whatever happens with individual cryptos, blockchain technology is expected to thrive. Research firm Gartner expects value of blockchain tech to skyrocket from just $4 billion this year to $3.1 trillion by 2030.

But it's so early in the game that picking winners is next to impossible.

That's why these five ETFs are an ideal way to play this market right now...