Erik Finman, who started buying bitcoin at the age of 12 and became a bitcoin millionaire during the most well-known cryptocurrency’s astonishing run-up, is now calling its demise, stating bluntly that “Bitcoin is dead…It may have a bull market or two left in it, but long-term, it’s dead.” For the young bitcoin superstar’s rationale for this assessment, another cryptocurrency he declares is on its way out – and which cryptocurrencies he believes have the best chance at success going forward, CLICK HERE.
Some of the air may have come out of the crypto craze, but there is still real opportunity in the technology that underlies cryptocurrencies: the blockchain. In today’s article, the author highlights some of the component stocks of an exchange-traded fund that holds “companies working to utilize and incorporate blockchain technologies into their businesses.” Specifically, he highlights five blockchain-linked stocks with the greatest dividend growth potential going forward. For more, CLICK HERE.
Bitcoin recently passed the $10,000 mark, reflecting a surge of more than 850% since the beginning of this year. And as bitcoin achieved this milestone, Google searches for “Bitcoin Bubble” peaked. The author of today’s article notes that “Bitcoin has many factions concerned” and outlines the primary risks associated with the asset – as well as why those risks make gold attractive. For his argument as to why one should “buy gold and bitcoin, but only expect the grown-up to protect you”, CLICK HERE.
“Does Bitcoin belong in an optimal portfolio?” This is the central question that the author of today’s article poses – and proceeds to answer based on an analysis of asset class returns over the last 7 years. Does Bitcoin – with its high average returns (and high volatility) – have a place in an optimized portfolio? If it does, what may be the optimal amount? And why does the author declare that “Bitcoin is not the new gold. It is some other beast entirely”? CLICK HERE.