My Costliest Dinner Ever… And It Wasn't the Check Matt McCall | I should have known better. I almost never go out to dinner on Sunday evenings. I like to cook, and on Sundays I enjoy making a nice healthy and hearty meal. If you are not using a slow cooker, I highly recommend one. As I was getting ready to leave for the dinner, I checked my phone and saw bitcoin trading around $47,500 – its lowest price in nearly two months. If you know me at all, you know I preach that pullbacks are buying opportunities in long-term hypergrowth trends. Bitcoin and altcoins are no exception. I texted my analyst and said I was going to buy bitcoin and some altcoins, but then I noticed the time. I was running late for dinner. Ah, it's fine, I thought. I'll go to dinner and buy when I get home. It won't matter, right? Well, yes and no. We started dinner with a traditional martini, enjoyed a nice bottle of Montepulciano wine, and ate too much. I came home fat, dumb, and happy, and decided to go to bed early. Notice I didn't mention buying bitcoin. It slipped my mind until I woke up early the next morning. I opened my phone to buy and… There it was between $52,000 and $53,000. You can see why that may have been my most expensive dinner ever. But you know what? It's fine, and let me tell you why… Get one of Matt McCall's Top Crypto Recommendations for FREE Matt McCall just hosted what could be the biggest crypto event of the year. During the event, he even gave away one of his top crypto recommendations of 2021 – ticker symbol and all – for free. Watch it here. SPONSOR AD | In the new Ultimate Crypto issue, I laid out three steps to building wealth over the long term. Whether you are investing in stocks, cryptocurrencies, or anything else, you should keep these in mind: - Remember that no investment goes straight up.
- Realize that pullbacks are buying opportunities when the outlook and long-term trend remain intact.
- Repeat as often as necessary.
If you read some of the recent headlines and listen to the media, bitcoin and cryptocurrencies are headed down the tubes. In reality, the last couple of weeks were just another pullback in an already massive climb that will go even higher. Bitcoin fell 27% from its all-time high on April 13 to its recent low on April 25 – yes, the one I missed – before bouncing as much as 19% to its recent high yesterday. Cryptocurrencies are generally more volatile than stocks, so I get that sharp pullbacks can feel like the entire ecosystem is collapsing. As bitcoin's smaller siblings, altcoins usually get hit harder when bitcoin corrects… but they also usually outperform bitcoin when it's rising. We saw that the last couple of weeks. The altcoins I recommend in my Ultimate Crypto newsletter fell 44% on average from their recent highs to their recent lows. BUT… they have bounced 40% off those lows, more than double bitcoin's rebound. That's how our Ultimate Crypto portfolio has gained 1,093% in less than 16 months (as of this morning) – with bitcoin up 557% in that same time. Three of our coins have soared more than 3,000%. Is bitcoin poised for another breakout? Over the past year bitcoin has gone on an incredible run… Are its glory days over or is it just getting started? Blockchain expert Matt McCall gives you his prediction in a recent groundbreaking presentation. SPONSOR AD | You can see why pullbacks are opportunities when the long-term trend is massive and unstoppable. Those huge gains did not come without pullbacks along the way, and anyone who bought those dips was smart. I may have missed a recent chance with bitcoin, but I know there will be plenty more chances along the way as the strongest cryptos power their way higher. This kind of thinking is critical because the long-term potential is off the charts as we enter a new phase in the evolution of cryptocurrencies. Bitcoin earned the bulk of the gains during the first phase, and this new era belongs to hypergrowth altcoins. I would hate for anyone to miss out because cryptocurrencies seem too mysterious. Don't think of altcoins as money in the traditional sense. Think of them as revolutionary new software programs that will unleash tsunamis of productivity and profits… and that will make their owners very, very rich. Just like we saw with Microsoft (MSFT), Alphabet (GOOGL), Oracle (ORCL), and even Uber (UBER) in the early days. Cryptocurrencies and blockchain will change just about everything. The way you buy everyday goods and services… purchase a home… pay your taxes… vote… place bets… even how you order a pizza. The transformation is happening. More consumers, investors, corporations, and governments are waking up to the fact that cryptos and the blockchain are some of the most valuable technologies ever created. Those who invest in altcoins now are ahead of nearly every other investor out there. If that's you, it is important to not lose this advantage by panicking in downdrafts. Pullbacks are buying opportunities… NOT selling opportunities. With altcoins, the trend is firmly intact as adoption continues to spread from Wall Street to Main Street, and we are well positioned to benefit from their transformative power and tremendous potential. Despite all of this, we are still in the first inning – maybe even batting practice. Smart investors who get in now may be able to set themselves up for life. Best regards, Matt McCall Editor, MoneyWire P.S. This isn't getting a lot of attention in the mainstream media… but it's such an important topic for anyone seeking financial freedom that I recently put together a full presentation all about this investment. You can watch it by going here. I even give away one of my latest altcoin recommendations – ticker symbol and all. This altcoin is helping to bring the world's assets to the blockchain and is poised to revolutionize the banking industry. Click here now to discover what it is. Matt McCall's MoneyLine Podcast Click here to listen to Matt McCall's MoneyLine podcast! SPACs were extremely popular last year. Investors loved the opportunity to get in on such young companies, but SPACs aren't the only way to get in early. Investors should also be watching traditional IPOs. Of course, it's not always wise to buy into any old stock just because it's new. To help you, Matt has compiled the top 10 IPOs that have piqued his interest. You can subscribe to this podcast on iTunes, Stitcher, Spotify, or wherever you listen to podcasts. Learn where Matt McCall sees huge investment opportunities right now: How the 5G Breakthrough Can Make You Rich The next trillion-dollar companies – the next Amazon, the next Google, etc. – are being hatched in research facilities and garages around the world. These firms will further change the world and revolutionize our economy. Just as Apple, Google, Amazon, and Microsoft can't function without the internet, the next generation of world-changing, $1 trillion mega winners can't survive without the subject of this report… the super powerful infrastructure technology we call "5G." Learn more here. How to Make Huge Profits From the Shift to Transportation 2.0 The car as we know it is on the verge of a transformative change not seen since Karl Benz invented it nearly 135 years ago. In fact, the whole transportation sector is now poised for its version of 2.0. I'm not exaggerating when I say this will lead to trillions of dollars in money sloshing around in the coming decades. What is coming will create one of the five biggest investment opportunities you'll ever see in your life, no matter when you were born. Learn more here. How to Cash In on the Biggest Battery Breakthrough in a Century The next big breakthrough in battery technology is an innovation that will have multi-trillion-dollar economic implications. I can tell you this mega innovation isn't a matter of "if," it's a matter of "when," and I believe it will go down as one of the greatest inventions of the 21st century. Those on the right side of this innovation stand to build incredible wealth… just like people did from the creation of the internet and the smartphone. Think of this as your "field guide" for profiting from the next big battery breakthrough. Learn more here. |
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