CURRENCIES TO PROFITABLY THE ULTIMATE GUIDE IN DIGITAL …
THE ULTIMATE GUIDE
TO PROFITABLY
INVESTING IN DIGITAL CURRENCIES
IN 2017
INFINITUS INVESTMENT RESEARCH
"I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world." Peter Thiel Co-Founder of Paypal
HEY THERE, CECIL ROBLES HERE.
THE
BITCOIN
MENTOR CLUB
Bitcoin and cryptocurrency in general is absolutely hot right now.
At the time of writing this guide bitcoin is now valued at more than TRIPLE that of gold ($4,186).
The total value of all bitcoin now in circulation has exceeded $65 billion dollars (source).
In fact it is estimated that there are now over 250,000 transactions taking place in bitcoin everyday now... up from 120,000 a year ago (source).
That should excite you as an investor, because it means that bitcoin and the technology behind is starting to catch the eye of a lot more people.
It also means that bitcoin is becoming more and more expensive by the day.
If you're reading this guide, you likely have heard of bitcoin before and you may even own some.
You probably fall within one of these three categories of people reading this guide:
1. YOU BARELY KNOW WHERE TO START WITH BITCOIN. (YOUR MIND IS GOING TO BE BLOWN.)
2. YOU ALREADY OWN A LITTLE BITCOIN. (YOU WILL WALK AWAY WITH SOME REALLY GOOD TECHNIQUES TO START USING AND INVESTING IN BITCOIN MORE FREQUENTLY.)
3. YOU ARE ALREADY ACTIVELY INVESTING IN AND TRADING BITCOIN ON A REGULAR BASIS. (YOU WILL LIKELY WALK AWAY WITH ONE OR TWO NUGGETS.)
In this guide, you will learn some of the things that are working now and that have been vetted through years of currency and cryptocurrency investing experience. These techniques are not only working with bitcoin, they also work with other alt coins like Ethereum and have generated huge returns over the past several years.
This is a tactical guide for you to implement into your investing plan immediately. So let's get to it.
The BMC II THE ULTIMATE GUIDE TO PROFITABLY INVESTING IN BITCOIN IN 2017
THE
BITCOIN
MENTOR CLUB
THE THREE PITFALLS OF THE BITCOIN GOLDRUSH
In order to profitably invest in bitcoin and the emerging technology behind it in 2017 and beyond we first need to understand some of the pitfalls.
First, like with any other investment you need a solid and proven plan.
This rings as true for bitcoin as it does for investing in stocks or real estate.
As the old saying goes, "Failing to plan is planning to fail". This guide will help you put together a solid plan for tapping into the HUGE potential of bitcoin and other alt currencies.
Second, bitcoin and cryptocurrency in general is very new.
Because bitcoin is new and still hasn't caught on in the mainstream yet, there are enormous opportunities to profit still available.
It also means that there are bound to be growing pains with the technology.
One such growing pain is the long wait it takes to change your countries currency over to coins. This has improved by leaps and bounds but there is still room for improvement.
It also means that there will be a fluctuating cost and more volatile trading as the bitcoin market expands.
In the following pages we'll show you how to navigate the technological waters.
And the third problem investors face is that, bitcoin and the cryptocurrency market is unregulated.
This presents a few issues for investors.
First, bitcoin is like the wild west.
And like the wild west of yesteryear brought opportunity and hidden dangers so it is with bitcoin.
One of those hidden dangers is the risk of falling prey to scammers looking to take advantage of unsuspecting victims.
The BMC II THE ULTIMATE GUIDE TO PROFITABLY INVESTING IN BITCOIN IN 2017
"Bitcoin is better than currency in that you don't have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient" Bill Gates Founder of Microsoft
THE
BITCOIN
MENTOR CLUB
Anytime there is enormous opportunity for profit there are also going to be unscrupulous characters that show up. We've seen this in multiple investment waves we've participated in.
BE SMART AND
AVOID THE SCAMS
First, always follow this rule of thumb...
If it sounds too good to be true it probably is. If someone is guaranteeing you will make astronomical returns or become a millionaire overnight, run far and fast.
Next, be on the lookout for fake companies that create alt coins (alternatives to bitcoin) specifically for pumping and dumping. This is much like what happens with unscrupulous penny stock promoters.
Lastly, if you are going to actively trade bitcoin on volatility (details below) be wary of unproven trading exchanges that are known to manipulate the market (like hunting your stops).
With all that said, regulation (or lack there of) works both ways.
While a lack of regulation and the opportunity itself can bring scammers in, it can also bring in big players in the form of governments and banks who want to put their control on the market.
This is exactly one of the things bitcoin was created to avoid.
So as investors we have to keep our pulse on the market and any new regulations that could affect the fundamental purpose of bitcoin.
WHAT IS
BITCOIN
Before we dive into the 6 primary ways you can profit as an investor with bitcoin and the underlying technology, let's first find out exactly what it is.
Bitcoin is a digital payment system or a digital currency. No intermediary, bank or government holds sway over it. It is completely independent from any centralized government control or exchange.
It is this independence that has made it so attractive to the public... especially after the global financial crisis of 2008.
The BMC II THE ULTIMATE GUIDE TO PROFITABLY INVESTING IN BITCOIN IN 2017
"I have invested in Bitcoin because I believe in its potential, the capacity it has to transform global payments is very exciting." Richard Branson Founder of Virgin Group
Bitcoin is not really a tangible thing. You can't touch it or handle it. You can't put it in your pocket or your purse.
Yet, as a digital currency it has definite value and functions like the electronic version of fiat (government backed) currency. As digital currency, you can go to an exchange and buy bitcoin with any government currency and vice versa.
Like cash, bitcoin spending occurs as a peer-to-peer transaction from one bitcoin spender to the next. In other words, it's passed along from one computer to another, like cash is passed from one person's hands to that of another.
A bitcoin spender however, doesn't write a check. Participants in bitcoin transactions transmit and receive bitcoin over the internet through a bitcoin wallet (bitcoin wallet info to come).
THE
BITCOIN
MENTOR CLUB
THE BITCOIN
TIMELINE
Bitcoin originates in a whitepaper posted on the internet by Satoshi Nakamoto (a pen name) in November of 2008.
In may, 2010, someone orders a pizza from Papa John's for 10,000 bitcoin.
2008
2009 2010
The first exchange rate is established between bitcoin and government currencies on October 5, 2009 at a value of US$1 = 1,309.03BTC.
In November of 2010 the number of bitcoins created equal $1MM. The exchange rate surges to US$1 = 2 BTC.
March, 2013 FINCEN publishes bitcoin regulations as a guide to people who want to exchange digital currency. Bitcoin market capitalization has reached $1billion.
In December, 2014, Microsoft begins accepting bitcoin payments. They join many others including Amazon, Target, CVS, Subway, Dell, Apple's Apple Store, Tesla, Kmart and Sears.
June 12, 2017 bitcoin reaches a high of 1 BTC = $2,980. Japan makes it an official currency and over 50% of transactions in Argentina are done in bitcoin.
2013 2014
November, 2013, Federal Reserve Chairman, Ben Bernanke, states, bitcoin "may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system.
2016 2017
Blockchain Technology - Many banks and businesses that initially dismissed the technology as a passing craze, now begin to latch on to the technology that underlies bitcoin. Venture capitalist raise over $1 billion in over 30 blockchain technologies. End of 2016.
The BMC II THE ULTIMATE GUIDE TO PROFITABLY INVESTING IN BITCOIN IN 2017
THE
BITCOIN
MENTOR CLUB
5 REASONS TO CONSIDER INVESTING
IN BITCOIN
Before we dive into the reasons we believe bitcoin is a huge investment opportunity and outline the six strategies we see as major plays, understand this...
Investing in bitcoin is speculative. There is no crystal ball. We can't predict the future so by all means only invest what you can afford to lose.
With that said there are five CORE reasons we believe investing in bitcoin is a smart play, even in 2017.
1. POTENTIAL FOR ROI. Bitcoin has laid the foundation of a new and regularly
acceptable digital currency. There are now over 900 alt coins!
As such, it is still poised for major growth as the leader in its sector.
A mere $200 investment in bitcoin in 2011 would have yielded over $1.5 million USD today. That's a growth of 750,000% in just 6 years.
Many wealthy investors predict that bitcoin will reach $10,000 by the end of 2018 and could reach as high as $500,000 within the next decade. If bitcoin reaches the market cap of Visa (V) it woul dhave a value of $8,091... Gold $341,527.
2. THE ULTIMATE HEDGE. Over the past 10 years, loose and reckless monetary
policy has wreaked havoc on all major world currencies including the US dollar. Money printing, a.k.a. monetary easing, has gotten out of control.
We may not see the impact immediately, however, long-term wealth and retirement accounts are susceptible to the devastating effects of possible hyper-inflation.
In contrast bitcoin has a built in mechanism to ever prevent inflation...
Only 21 million can ever be mined.
In other words, just like gold and oil, bitcoin has a limited supply. In fact it is 10X more finite than gold, a common hedge to currency and inflation concerns.
Unlike gold, bitcoin is a decentralized currency, meaning it is out of the reach of any national power or manipulation. It's a free market alternative to the government's monopoly on money.
The BMC II THE ULTIMATE GUIDE TO PROFITABLY INVESTING IN BITCOIN IN 2017
THE
BITCOIN
MENTOR CLUB
3. PRIVACY AND SECURITY. As a currency, Bitcoin hands down offers more
privacy and security than its fiat counterpart. Because it uses the internet it cuts out the middle-man... the financial highways of banks, credit card companies, and money transfer agents.
That means it also avoids the speed limits, tolls, and radar setup to ensure they are always in control of the transactions we make. Bitcoin uses state-of-the-art cryptographics technology that secures your transactions by leaps and bounds above a credit card. Bitcoin allows you to privatize your money and is the ultimate source of privacy and security for investors today.
4. FREEDOM FROM THE BANKS. Banks were originally designed to be a safe
storage of deposits and to help build credit in a local community.
2008 showed us just how vulnerable and corrupt the banking system can be. Today banks are tightly regulated by the U.S. government. As a result they now have more control over your money than ever before.
You're even limited on how much cash you can actually withdraw and transfer. Anything over a certain amount gets report right to Uncle Sam.
Bitcoin offers the potential of an alternative from the current banking and payment system.
>> Bitcoin is accessible in your wallet 24/7, 365 days a year, including holidays and weekends.
>> Bitcoin significantly reduces or eliminates banking fees like checking and ATM fees.
>> Bitcoin makes it virtually impossible for the government to subject your money to capital controls like China or confiscation like Crete and Greece.
>> Your money is in your bitcoin wallet that no one but you can access, rather than loaned out to risky investments like credit default swaps (a reason for 2008 financial meltdown).
5. VENTURE CAPITAL IS BETTING BIG. By now there is $1.5 billion in venture
capital backing various cryptocurrency ventures and blockchain technology. Many of these deals are startups working to make blockchain and cryptocurrencies more accessible and more useful.
This however has what is known as a "network effect". Back in 2013 there were only 13,000 wallets on Coinbase. Today there are 6.8 million.
In addition big businesses are adding to the blockchain and bitcoin ecosystem. IBM (IBM) is issuing a steady stream of blockchain related press releases. Overstock (OSTK) built the first blockchain stock exchange and issued a preferred share through it.
Now let's talk strategy and tactics.
The BMC II THE ULTIMATE GUIDE TO PROFITABLY INVESTING IN BITCOIN IN 2017
STRATEGY #1
SPECULATIVE LONG-TERM HOLD
There are five core strategies that we'll discuss throughout the remainder of this guide.
The first is what is called the speculative long-term hold. If you invest in stocks, you would consider this similar to a buy and hold strategy.
Inside of this strategy we hold the long-term belief that bitcoin is going to continue to rise over the next 3-5 years. Inside of this strategy we aim to buy bitcoin at strategic low points all the while adding to our position.
This is similar to dollar cost averaging, with the exception of moving out of bitcoin and into USDt when volatility gets too high. As an example, we've had a bullish bias on bitcoin since the week of August 31, 2015.
We've also been able to buy additional bitcoin at strategic points along the way.
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THE
BITCOIN
MENTOR CLUB
The good news for you as an investor, even if you don't currently own any bitcoin, is that we're still bullish... And so are a lot of other deep pocket venture capitalists, hedge funds, and wealthy investors.
It's our recommendation that everyone buys at least one bitcoin and holds onto it for the long-term. As we go further you'll understand why.
The BMC II THE ULTIMATE GUIDE TO PROFITABLY INVESTING IN BITCOIN IN 2017
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