With Bitcoin poised to go much higher, there are some smaller, lesser-known “microcurrency” coins that can jump triple and sometimes quadruple digits nearly every time Bitcoin does.
And while coins like Ethereum, Litecoin, etc.
have had incredible runs lately, Tom’s seeing some serious potential in the coins that can be a little more low-key, like this one….
With Bitcoin poised to go much higher, there are some smaller, lesser-known “microcurrency” coins that can jump triple and sometimes quadruple digits nearly every time Bitcoin does.
And while coins like Ethereum, Litecoin, etc.
have had incredible runs lately, Tom’s seeing some serious potential in the coins that can be a little more low-key, like this one….
Tom Gentile went on camera to predict Bitcoin would hit $50,000, and, 10 months ahead of schedule, we're at $51,000 So today, he's giving us an updated bullish Bitcoin price prediction.
Back in 2019, when I first made a Bitcoin price prediction for $100,000 by the end of 2021, the No.
1 cryptocurrency was trading at just over $10,000.
That forecast sounded ridiculous – until December when Bitcoin started a massive rally.
Now we’re almost halfway to $100,000, and the original forecast sounds too conservative.
So I’m moving the time frame up to Labor Day.
.
Here are the new developments that changed my mind…
On its way to $100,000, Bitcoin will likely hit $50,000 fast.
Once it does, that’s 70% gains just this year.
But if you only own Bitcoin, you’re not getting all the profits available out there.
Indeed, there are also great Bitcoin stocks to take advantage of.
And the profits you book on this easy stock trade Tom’s showing you will prove it… .
Just as we predicted, Bitcoin's now hit over $40,000, thanks to big institutional investors and corporations who've pumped $17 billion into BTC and other microcurrencies over the past few months.
Bitcoin's mass acceptance gives it solid footing to reach Tom's one-year, $100K price target.
But due to some incredible events over the past three days, Tom might actually have to increase his price target...
You can hardly blame a crypto investor for asking “Should I buy Dogecoin right now?” The Doge cryptocurrency rocketed more than 900% at one point this week.
Investors on Reddit are trying to push it to $1 – a far cry from where it is now at about four cents.
But investors need to understand what’s really going on here.
Before you buy any Dogecoin, you must read this…
I'm a huge believer that cryptocurrencies - especially Bitcoin - belong in every investor's portfolio right now.
I haven't been the least bit surprised by Bitcoin's all-out 12-month run from $8,600 all the way up to $34,000, or Ethereum's jump from $166 to more than $1,350 - those are just two household names.
Lately, I've heard from lots of traders with a bad case of crypto "FOMO fever." I just tell them to go and check out my one-year and 10-year predictions. It's still not too late.
Even so, I've talked to plenty of traders who, for whatever reason, are still nervous about jumping into Bitcoin with both feet.
I'd tell them what I tell everyone about cryptocurrencies...
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.
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...
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...
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….
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...
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...
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….
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...
