Bitcoin

The idea of bitcoin might be completely foreign to you. But if you’re here then you’ve probably at least heard about it.

You might have heard about the incredible price gains it’s seen over the last seven years. You probably now know that bitcoin is worth double the price of physical gold (at the time of writing).

And now you’ve probably come to the realisation that bitcoin is something you must know more about. Good. You’re in the right place.

Should you buy Bitcoin?

Here we’ll be able to help you understand about bitcoin, learn how to invest in bitcoin, learn how to buy and sell bitcoin. And importantly, learn what the price of bitcoin is going to do, and how can you get a slice of the action.

You might also be a seasoned pro when it comes to bitcoin. And that’s great too. You see, we’ll be able to help all levels of knowledge learn more about bitcoin — but also the thriving, burgeoning world of cryptocurrencies.

Other Cryptocurrencies to buy

Cryptocurrencies? That too might be a new term for you. But again, don’t fear. It’s something we’ve been involved in since 2013. In fact, we don’t know of any other financial analysts who have been covering, researching, investigating, investing in and understanding everything there is to know about bitcoin and cryptocurrencies from the early days.

We’ll try to keep it all as simple as we can, but some parts might get a little challenging. We encourage you to stick with it, and do your best to immerse yourself in the world of bitcoin and cryptocurrency.

What we should also probably do right now is also let you know that we think bitcoin and cryptocurrency are in the earliest stages of changing the entire global banking and finance system.

We think they will be around for hundreds, maybe thousands of years to come. And right now you have a once-in-a-lifetime opportunity to use these new financial instruments to build wealth for now, tomorrow and generations to come.

Bitcoin & Cryptocurrency opportunities

Bitcoin and cryptocurrency are perhaps the single most exciting, explosive, fascinating and dangerous new financial opportunity the world has ever seen.

It’s the ultimate anti-establishment system. It’s revolutionary technology, which has the potential to completely change how we think about and manage our finances in the 21st century and beyond.

Thanks to the political environment and the ineffectiveness of government and central banks, the time is now perfect to see the world of bitcoin and cryptocurrency flourish.

And that’s exactly what it’s doing.

The risks of Bitcoin & Cryptocurrencies

We will also highlight the fact that this new, gigantic opportunity also carries incredible risk. It’s not regulated. There’s no central intervention. There are no rules. It is the true Wild West.

The fiat price of bitcoin and cryptocurrencies are volatile. But as we’ve said since we first started covering bitcoin in 2013, the long term goal is that, once you buy bitcoin, you’ll never convert it back to fiat currency again.

And while you might be able to buy a fancy TV with one bitcoin today, in the near future we think you might easily be able to use one to buy a car…or maybe even a house.

Bitcoin and cryptocurrency are possibly the biggest wealth creation opportunity the world has ever seen. It gives every man and woman a chance to make a fortune.

While the potential and opportunity are enormous, there is also incredible risk.

But if you’re prepared to accept the risk, and prepared to enter what could be the biggest investment opportunity of your life, then welcome to the cryptocurrency revolution.

This Famous Investor Just Explained Why You Must Hold Bitcoin

As a child you are taught things are right or wrong. Black or white. But in the social sciences this is usually wrong. Scientific precision in such a complex field of moving parts it’s impossible to achieve. And it is in this field where you, as an investor, live. Which brings me to Nassim Taleb’s view on bitcoin and cryptocurrencies.

Are Cryptocurrencies ‘Worth’ Anything?

If you understand the fractional banking system you'll also know that all the ‘cash’ in the world isn’t actually backed by real cash either. There’s so much more to it than just bitcoin and prices in fiat money. If you only take a superficial view, it’s easy to get misled into thinking it’s some kind of fake, ‘valueless’ mirage.

Is This the Bitcoin Bubble Bursting?

The price at time of writing is US$11,098. In my view, the price is breaking down. The trend is still favourable, and you could argue that bitcoin is just correcting and consolidating its big recent move. In fact, if you’re financially and emotionally invested in it, I’m guessing that’s the story you’re telling yourself.

Chaos and Opportunity in Bitcoin

South Korea isn’t the first nation to consider banning bitcoin, but it could be the most significant. A large portion of bitcoin’s global demand comes from the country. This isn’t the first time that a major government has threatened to ban it. It likely won’t be the last. Years from now, this may be looked back on as an incredible buying opportunity.

Why Buffett’s a Broken Clock on Bitcoin

Don’t get me wrong, Buffett is a very smart man. And a very smart investor. But he freely admits that he doesn’t invest where he doesn’t understand. And he freely admits he doesn’t understand bitcoin or cryptocurrencies.

How to Take Advantage of the Kimchi Premium

You might know that there are various cryptocurrency exchanges all over the world. And depending on investors, prices can differ extremely. Investors in Singapore may value bitcoin higher, giving it a higher price than in the US. One place this has happened in is South Korea.

The Computers Are in Charge of Investment Decisions

Computers don’t worry about rationale. They just do what they’re programmed to do, which eventually exacerbates the prevailing trends. But don’t forget, humans program the computers. Human nature is behind all market cycles. It’s just that this cycle is being helped along by the desire to make gains based on unemotional computer generated decisions.
Money Morning Australia