By Grant Wasylik, analyst, Palm Beach Daily
I’m an investment committee member of a South Florida wealth management firm. So I’m on a lot of industry distribution lists.
And each week, I get at least a dozen invitations to investment webcasts. The invites target financial professionals like financial advisers and broker-dealers.
Now, I don’t accept most requests. But one recent topic caught my attention.
The title was, “Turbulent Times: Why Add Bitcoin to Your Portfolio Now.”
It caught other eyeballs, too. Nearly 1,100 financial pros registered for the call.
The host was Brian Estes, founder of Off the Chain Capital – an investment fund focused on value opportunities in crypto and blockchain.
You probably don’t recognize the name Brian Estes. (I didn’t either.) But he has a stellar bio.
He was the youngest senior VP at financial services company A.G. Edwards & Sons… He made the St. Louis Business Journal’s 40 Under 40 list at age 28… And from 2004–2014, he ranked in the top 0.1% of more than 1,200 Morningstar asset managers.
So he’s the real deal.
That’s why I was so surprised when he started off the webcast with: “You’re going to think I’m crazy.”
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A rare “Phenomenon” is 100% set to strike the crypto market …in less than a week.
The opportunity to grow up to $5 million richer only exists BEFORE the Phenomenon. You must prepare now.
If you wait until AFTER the Phenomenon – even a day after – you could lose 7 figures of potential profits.
In short: Waiting until after the Phenomenon could be the biggest financial mistake of your life.
There’s barely any time left for you to prepare.
You may think Brian is crazy, too, after seeing this prediction: Bitcoin will hit $100,000 by the end of next year.
That’s right – he thinks bitcoin will rise about 11 times over the next 12–18 months. And this isn’t some half-baked proposition.
Brian left a decorated career in traditional finance to go full time into crypto in 2016. He launched his crypto fund in December 2016.
His old Wall Street colleagues thought he was crazy for making the jump. But it didn’t deter Brian. In three years, he’s amassed quite a track record.
Since his fund is only available for accredited investors, I can’t share its performance results with the public. However, I can tell you that they’re multiples higher than major equity indexes and other world-class investors.
Plus, Brian has helped build four blockchain companies with a combined value of over $10 billion since his move to crypto.
So when he speaks, it pays to listen. And here’s what he said during the presentation:
Bitcoin allows for the movement of money and value around the world. It is done through the internet on a safe and secure platform… in 10 minutes… and for pennies per transaction.
Bitcoin and digital assets represent freedom from government control over the monetary system. Digital assets like bitcoin can be used peer-to-peer, without anyone’s permission. Just like you don’t need permission to send an email, now you don’t need a bank account, credit card, or PayPal to send and receive money.
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Now, Brian isn’t just mouthing off on his price target.
In his presentation, he showed four different valuation models he used to make his prediction: exponential price growth trend, Metcalfe’s Law, stock-to-flow ratio, and gold-to-bitcoin ratio.
I won’t get into the weeds of each model. But each has shown a remarkable 90%-plus correlation to the price of bitcoin in the past.
And all four project that bitcoin will hit $100,000 by the end of 2021… or sooner. That’s nearly 1,000% higher than today’s prices.
Handful of Altcoins Set to Explode Higher
Brian’s models shouldn’t come as a surprise to regular readers.
Longtime readers know editor Teeka Tiwari is bullish not only on bitcoin – but the entire crypto space. He’s been pounding the table on bitcoin since 2016… and was one of the first editors in the newsletter business to publish a research report on cryptos.
Now, Teeka believes two forces are combining to send bitcoin to new all-time highs. He calls this rare event “The Phenomenon.” And it happens every four years.
But here’s the thing…
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Silicon Valley’s top angel investor, Jeff Brown, thinks one company behind this piece could be the #1 Tech Stock of 2020.
Teeka says the Phenomenon will boost a tiny subsector of coins to stratospheric heights – that’ll make 1,000% gains pale in comparison.
The last two times this Phenomenon occurred, we saw a handful of coins shoot up as much as 414,414% (Spectrecoin), 539,733% (Reddcoin), and even over 1,000,000% (Verge).
Five hundred dollars into each of these coins would have been worth as much as $2 million, $2.7 million, and $5 million, respectively.
Last night, Teeka held an urgent briefing called 5 Coins to $5 Million: Last Chance Until 2024.
And during the event, he shared details about his updated buy list of the five coins he believes could turn $500 into $5 million during the Phenomenon that’s expected to occur in just a few days.
Plus, Teeka shared why he believes crypto will become a major financial asset after the coronavirus pandemic.
If you missed his special event, you can watch the official replay right here. But remember, the Phenomenon will occur in just a few days. And it won’t happen again for another four years.
In the meantime, if you’re looking to build your exposure to crypto, start with a small stake in bitcoin. You’ll need it to buy the other coins that’ll get a boost from the Phenomenon.
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The independently ranked #1 most-trusted expert in cryptocurrency just released a new “$500 crypto retirement plan” on Wednesday.
As I mentioned above, the gains of a handful of coins during the last two times the Phenomenon occurred were extraordinary. But if you think you’re too late… you’re wrong. In fact, Teeka believes we’re still at the very beginning…
But once the Phenomenon takes off in just a few days, the setup he’s identified in just five coins will disappear.