Keep Up With Crypto’s Momentum and Profit Potential
Fasten your seatbelt because developments are happening at breakneck speed in the world of crypto.
And this is no longer a world far, far away.
Cryptocurrency is slowly entering mainstream life. Major corporations continue to adopt it and even large banks are either directly investing in it or backing blockchain-oriented companies.
Heck, the $1.2 trillion infrastructure bill — controversially — includes language regarding crypto and tax reporting.
What this means is that the future looks bullish for digital assets.
Weiss Crytpo analyst Alex Benfield summarizes the momentum:
Cryptocurrency right now is getting very, very close to what I would call an inflection point, where it can’t be stopped, and so my advice to everybody is to get into the space before we get to that inflection point. As cryptocurrency gains in popularity and gains in price, the power of this industry continues to grow.
Alex provides research for Weiss Cryptocurrency Portfolio and is a contributor to Weiss Crypto Alert. He’s part of the team behind numerous Weiss crypto trading services that guide investors at every level, from how to set up a digital wallet and exchange account, to how to profit from cutting-edge blockchain technologies.
These days, he says, it’s not just Bitcoin (BTC, Tech/Adoption Grade “A-”) makingwaves, but a number of “altcoins,” which are any cryptocurrencies other than Bitcoin. In fact, there’s a strong upward trend for the entire market.
In this special five-minute video segment, Alex describes several powerful ways to earn yield with crypto and the new “parabolic” phase that’s drawing closer.
Alex explains:
In every bull market, there’s this big parabolic phase where prices just explode up. It grabs national headlines. It brings a bunch of awareness to the space, and this is what helps the entire cryptocurrency industry grow.
Bitcoin generally tends to be the leader in these bull markets. Its price breaks out before the rest of the market. Altcoins are now getting a little bit of room to breathe and some of them are going on a run.
But there’s a lot of room to grow. Bitcoin can absolutely still grow for the rest of this bull market and that’s because of how explosive these parabolic phases can be. I think six-figure Bitcoin is definitely in play.
It’s not too late (to invest) right now. If we’re talking about $100,000 Bitcoin by the end of this bull market, a conservative estimate, you just doubled your money.
In this insightful video, Alex discusses:
• Strategies that are “offering significantly higher yields than you’re ever going to find in a traditional bank account.”
• Which altcoins are rising fast as talk intensifies over regulations.
• The blockchain creating competition by launching smart contracts, one of the hottest trends in crypto that eliminate “central party risk.”
And more!
The information in this short segment couldn’t be timelier. I suggest you watch it now.
Happy investing!
Jessica Borg
Financial Anchor
Weiss Ratings
