| The Nine Lives of Bitcoin… Banyan Nation,
Most folks thought it would never last…
“Digital Gold?” What’s the point?
The very concepts of bitcoin, cryptocurrency and the blockchain were entirely foreign to investors back in 2009. So most took a ‘wait and see’ approach.
Bitcoin showed some early promise, reaching $32 to put it at parity with an ounce of silver.
Then came the first massive crash in 2011. The world’s biggest crypto exchange was hacked, and prices dropped to just one cent in a single day.
Crypto was dead — but only for a few months.
Bitcoin prices surged anew, until the second major crash lopped off half of bitcoin’s value in August of 2012.
This same “boom and bust” pattern has continued for bitcoin ever since.
Each boom takes crypto to soaring new highs … and each subsequent bust has been devastating, enough to virtually cripple any other asset…
For example, bitcoin crashed 83% in April of 2013.
After rallying, bitcoin lost another 50% just eight months later, in December of that same year.
The December 2017 crash saw another 84% decline.
And after reaching an all-time high of nearly $70,000 per coin in May 2021, bitcoin plunged another 87%.
If the average stock experienced just one of these crashes, there would be no coming back. But as you read this, bitcoin is trading north of $68,000 — within 10% of its all-time high.
Despite the naysayers who swore it wouldn’t last, bitcoin is on track to celebrate its 16th birthday next Thursday, just as strong as it’s ever been.
But crypto expert Ian King has pointed out that nothing lasts forever … and that a new crypto is now on the verge of challenging bitcoin’s dominance… "I invested $1,336. When I sold… I made over $150,000 profit." That’s the message Ian King received from Edward Bailey of Norman, OK, back in 2021. And he wasn’t the only one thrilled with Ian’s recommendation. Also, in one year, Linda Brooks from Flagstaff said she turned $500 into $42,300, and Charles Larsen, from Laredo, TX, said he turned $835 into an estimated profit of $54,000. All those top gains came from a single Altcoin Ian recommended. The good news for you? Ian has identified 3 potentially explosive Altcoin opportunities. Click HERE now for all the details. | Weekly Edge - Can You Beat the “God Portfolio”?
Dr. Wes Gray wrote a fascinating paper titled, "Even God Would Get Fired as an Active Investor." In it, he explains that even a perfect investor — one who knows exactly which stocks will succeed — would still struggle in the market. Because short-term volatility can be brutal. Mr. Market is unpredictable and can send stock prices tumbling over the smallest news. But here’s the thing: There’s a simple strategy that can help you defeat Mr. Market... - How a Rogue AI Created a Meme-Based Religion and a $400 Million Cryptocurrency
Andy Ayrey didn’t set out to be a crypto millionaire. In March, the technologist and designer created an AI robot project called “Infinite Backrooms.” He wanted to see what would happen if two AI chatbots engaged in an ongoing conversation with one another with very little restrictions. It didn’t take very long for something bizarre to happen... - Google Goes Nuclear?
Last Monday, Google rocked the market when it announced plans to purchase nuclear energy from an Alameda, California-based startup called Kairos Power. Before we get carried away with the possibilities, it’s important to drill down on the specifics of this deal first. Because the Small Modular Reactors (SMRs) that will be providing this power don’t technically exist just yet… Until next time, Man Who Predicted Biden's Drop Out LAST YEAR Issues Shocking New Election Prediction After calling Biden's withdraw, former White House advisor Jim Rickards issues an even more shocking election warning... >> Watch This Video to Learn More << | | | | |
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