A few weeks back, my wife and I were vacationing in Cabo San Lucas, on the southern tip of Mexico's Baja California Peninsula.
While we were lounging around the pool one day, I overheard a group talking about Bitcoin.
Naturally, I joined in – and offered up a few of my "credentials."
Next thing I knew, I was getting peppered with questions about Bitcoin, the blockchain, and cryptocurrencies. These fellow tourists were smart folks, but they hadn't yet been able to fully grasp all the ins and outs of this new world.
But by the time the conversation ended, they were thanking me for clearing up a lot of their confusion.
I was happy to help.
There's little I like to do more than introduce people to new investing ideas – especially profitable ones.
In fact, this kind of thing happens all the time.
During the long Presidents' Day weekend, I found myself in three Bitcoin/crypto conversations among three entirely different groups of people.
I bet the same thing happens to you – at the golf course, at cocktail parties, around the pool… everywhere.
That's why I want to arm you with three key points – I call them "Insider's Edges" – that will make you your crowd's top Bitcoin expert.
After this quick lesson, not only will you be the smartest guy or gal in the room… you'll be all the better positioned to make big profits on cryptos…
Be the Star of Your Next Barbecue
It's no surprise, of course, that everyone is talking about Bitcoin.
After all, the media is having a field day with the world's leading cryptocurrency. That's because – as I suggested might happen back on Dec. 19 – the bottom recently fell out of the market.
From a high of more than $19,500, Bitcoin fell to a recent low of roughly $6,840, a 65% decline. And then it came roaring back to trade as high as $11,140 for a roughly 62.8% gain.
With so much volatility and media attention, Bitcoin and other leading cryptocurrencies are fodder for lots of conversations – at airports, in doctor's waiting rooms, around the watercooler. Like I said, everywhere.
I've actually lost count of the number of times I've had virtual money chats.
The one thread in all of these talks is that investors are clamoring to understand this new and highly profitable sector.
Now then, I hope I don't sound immodest when I refer to myself as a "crypto expert." But the fact is that I was one of the first tech "gurus" to recommend Bitcoin.
I began telling investors about it in June 2013, when it was selling for roughly $90.
The first step on your road to millions starts here: All you need is a computer or smartphone and just 10 minutes of "work" to potentially put $1 million in your bank account faster than you ever dreamed. Read more…
Bitcoin went on to a peak price of just about $20,000 a few weeks ago. We're talking peak gains of an astounding 22,122%.
However, it's been a bit of a bumpy ride of late with wild price swings. And that's just added to the confusion many investors have about Bitcoin and other cryptos.
With that in mind, I'm going to share with you today four ways to gain the Crypto Insider's Edge that will help you profit from this new high-tech form of money.
And make you the star the next time you find yourself at a barbecue and Bitcoin comes up…
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.