Maria’s Note: Maria Bonaventura here, Rogue Economics’ senior managing editor. Today’s Inside Wall Street comes from colleague Teeka Tiwari.
Teeka is a renowned cryptocurrency expert who first recommended Bitcoin to his readers six years ago. Since then, he’s helped his readers navigate this new asset class… And he’s helped them profit, too. Up to 12,000%.
Today, Teeka reveals that a critical event will happen soon in the crypto space.
And he’ll explain all the details in a special online briefing tomorrow, April 20 at 8 p.m. ET. His insights could help you protect your wealth in this inflationary environment – and give you the tools you need to secure generational wealth. Scroll down to learn more.
When I first recommended bitcoin in 2016, the entire crypto market was worth about $7 billion…
For comparison, about 460 of the 500 companies listed on the 2016 Forbes Fortune 500 had a larger market cap.
I was called crazy at the time… So-called “experts” were more than happy to tell me I was making a mistake. That I was setting my readers up for massive losses and that cryptos like bitcoin would soon be worth nothing.
At the time, this negative sentiment was part of a growing trend in mainstream finance…
In 2014, former Ericsson vice president Jason Hoffman said the bitcoin blockchain was good, but only if “you throw away the actual currency part of it”…
Former Federal Reserve member Mark T. Williams claimed bitcoin “will trade for under $10” by June 2014. In reality, it traded for around $600…
And in 2017, former Fed chair Alan Greenspan said that bitcoin “is not a rational currency.”
He compared it to the short-lived, high-flying currency the U.S. Continental Congress issued to fund the American revolutionary war.
But even back then, I knew better… in the year after I first recommended crypto for around $400, bitcoin had risen over 100% to about $1,000 a coin.
And in 2018, I said this about the crypto market…
You see, when the second boom unfolds, it’s going to cause the cryptocurrency market to go to new all-time highs. I’m talking about $1.2 trillion, $1.5 trillion, $2 trillion. Just massive, massive growth that we see coming up ahead.
As you probably know, those “experts” were very, very wrong. And I was spot-on.
By 2019, the value of the crypto market skyrocketed to about $130 billion… an increase of more than 1,700% in just three years.
And today, the entire crypto market is worth around $1.8 trillion, with bitcoin alone making up almost $800 billion.
So, in about five years, we saw an entire market sector go from being worth less than the average Fortune 500 company… to being worth nearly double the combined market caps of global credit card giants Visa, Mastercard, and American Express.
Now, I know my 2018 predictions seem like ancient history. But let me remind you…
That was in the dead middle of the so-called “Crypto Winter.” Everywhere you looked, people said it was all over for bitcoin. And here I was saying, “No, this is just a correction.” And people looked at me like, “$2 trillion, Teeka? You’ve lost your mind.”
But here we are with bitcoin hovering around $41,000 nearly four years later… Who’s the crazy one now?
Good News and Bad News
For years, I’ve said bitcoin would hit over $1 trillion in market cap once its adoption exploded. And we’re seeing it play out exactly as I predicted.
Last year, Morgan Stanley – which has more than $5 trillion in client assets – became the first big U.S. bank to offer its wealthy clients access to bitcoin funds. Morgan Stanley made the decision after its clients demanded exposure to bitcoin.
To me, it’s no surprise those wealthy clients forced Morgan Stanley’s hand. Bitcoin’s 2021 returns crushed everything on Wall Street.
Today, big banks like JPMorgan, Wells Fargo, and Goldman Sachs all have at least a handful of crypto-focused employees and projects.
In March, Goldman Sachs announced that it would soon offer investments in bitcoin and other cryptos to its high-wealth clients.
Now, I don’t tell you this to brag… or to belittle mainstream research firms. But if you listened to them, you’d missed out on a massive wave of profits.
Yet, as much as I love bitcoin… As much as it’s been a gift to me and the readers who’ve stuck with me since 2016… I’ve got bad news.
There’s a “crypto panic” on the horizon… and ignoring it could push your dream retirement or lifestyle even further out of reach.
How to Prepare for the Coming Crypto Panic
We’ve had a rollercoaster of volatility to start the year. The Ukraine invasion… inflation, the Fed raising interest rates… You name it.
Growth stocks, value stocks, and much of the cryptosphere have taken it on the chin.
At times like this, it’s easy to put your head in the sand and ignore the markets. But it’s also at times like these that the biggest fortunes are made… if you make the right moves.
Friends, I know my message might make you feel uncomfortable. But I’m willing to take that risk because the opportunity in front of you right now is as great as anything I have seen in the last six years.
You see, there’s an event coming up in crypto that has never happened before. Only a handful of people know about it. And it is guaranteed to happen no matter what.
Now, I’m not talking about a bitcoin halving or anything like that. This event will only happen once. That’s it.
In my opinion, it will be the biggest crypto event of this new decade. And when it happens, I believe it’ll trigger a crypto panic like we’ve never seen before.
To prepare you for this event, I’m holding a special briefing on April 20 at 8 p.m. ET.
It’s called Crypto’s Coming Panic: Teeka Tiwari’s Most Important Warning of His Career.
During this briefing, I’ll share my playbook for surviving – and thriving – during this coming event.
For those who follow my playbook, it will offer a chance at securing a lifetime of wealth and income. It has the power to change the course of your entire generational line.
That means this investment could fund your lifestyle… your children’s lifestyle… and their children’s lifestyle.
So be sure to join me on Wednesday, April 20, at 8 p.m. ET.
I’ll tell you all about the crypto panic on the horizon… and reveal details that you won’t hear from mainstream outlets like CNBC or Bloomberg.
You’ll even get the name of one of my top cryptos to play it, absolutely free.
My free picks have averaged a gain of over 1,500%. That’s 16x your money…. So please make sure you attend so that you can take advantage of my free pick right away.
Let the Game Come to You!
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Teeka Tiwari
Editor, Palm Beach Crypto Income
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