© trading concepts, inc. page | 1ebookguides.s3.amazonaws.com/stepstolife-changing... · i’ll...

21
https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 1

Upload: others

Post on 14-Jul-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 1

Page 2: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 2

Steps to Life-Changing Cryptocurrency Profits

Crypto Boom: 15 New Hedge Funds Want in on 84,000% Returns

Table of Contents

Dear Self-Directed Investor: .................................................................... 3 The Four Reasons CRYPTO Will Not Go Away

REASON #1. LIMITED SUPPLY / PARABOLIC DEMAND! ................................. 7

REASON #2. BUBBLES ARE DIFFICULT TO SCALE/PREDICT ........................... 9

REASON #3. THE UNIVERSAL ADOPTION OF BLOCKCHAIN TECHNOLOGY ........ 12

REASON #4. GENERATIONAL DEMOGRAPHICS ......................................... 13 ONE CAVEAT ..................................................................................... 15 ETHEREUM ........................................................................................ 16 ONE FINAL QUESTION .......................................................................... 18

Page 3: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 3

Dear Self-Directed Investor: If you’ve been tracking the financial news, you’ve probably heard the buzz about Bitcoin soaring to new all-time highs and the “cryptocurrency” phenomenon.

But I bet you haven’t taken any action yet. Right?

Makes sense, because it’s hard to understand exactly what Bitcoin is… and why it should even exist… why it should be going up and up… and how to participate. (Especially if you are over 40.)

You can’t buy it at your regular brokerage, even if you wanted to.

Plus, a number of prominent bankers have been openly attacking Bitcoin in the media. (Like Jamie Dimon at Chase.)

When I heard those criticisms recently, however, I couldn’t help but wonder… what’s their agenda?

Are bankers afraid of Bitcoin?

Page 4: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 4

That’s a distinct possibility because IMF Managing Director Christine LaGarde forecasts “massive disruptions” in global financial services from the widespread adoption of cryptocurrencies.

She might be right, because…

Innovators like Bill Gates describe Bitcoin as “a technological tour de force.”

The CEO of Google says Bitcoin is a remarkable achievement with “tremendous value.”

Even the co-founder of PayPal, one of the top Venture Capitalists in the U.S., writes, “Bitcoin… has the potential to change the world.”

News stories are everywhere… but who should you believe?

Todd and I are convinced that if you want to create life-changing

wealth, you must pay attention to what’s happening in cryptocurrency.

Of course, with Bitcoin up nearly 600% YTD, and other micro cryptocurrencies popping up, you might wonder: Is Bitcoin a bubble that w ill pop like the dot coms?

Good question. And this might be the most important question you ever ask regarding your immediate financial future!

One billionaire hedge fund manager answers the question this way:

“This is going to be the largest bubble of our lifetimes. And you can make a whole lot of money on the way up.

We are at the takeoff point.”

Page 5: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 5

Todd and I wholeheartedly agree. We believe the crypto ‘space’ offers a chance for self-directed investors to make 10X, 100X or even 1,000X returns!

And this is no pie in the sky exaggeration, because dozens and dozens of cryptocurrencies, including Bitcoin, have already logged far greater performance.

Of course, past performance is no indication of future returns and we don’t recommend that you just dive blindly into the shark infested cryptocurrency pool.

Frankly, 99% of the skyrocketing crypto plays you will hear about from unscrupulous promoters will go to $ZERO… just like the vast majority of dot coms launched in the 1990s.

Think ‘pump and dump’ and stay the heck away!

Obviously, however, there were a select number of dot com companies from that heady era that leveraged the true power of the Internet to create truly disruptive brands.

Like Amazon (AMZN). CEO Jeff Bezos is now one of the top three richest men in the world.

Page 6: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 6

So isn’t this the better question:

Is it possible to find the long-term w inners in the crypto bubble before

they become huge?

Todd and I believe that the answer to this potentially life-changing question is clearly YES!

I’ll explain why in a moment… and then I’m going to give you my single best crypto pick absolutely Free. (And it’s not Bitcoin.)

I’m Dr. Kenneth Reid, and I’ve been a professional trader, analyst and trading coach for 16 years. I’ve written for Forbes, Smart Money and appeared on CNBC.

I began trading during the dot com bubble, so I know about bubbles and busts first hand.

And I can recognize exceptional opportunities, too. Why do I have so much confidence that the crypto phenomenon is an exceptional opportunity? It’s not just a gut feeling. Allow me to present The Four Reasons CRYPTO Will Not Go Away.

Page 7: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 7

REASON #1. LIMITED SUPPLY / PARABOLIC DEMAND!

In the case of Bitcoin, we are dealing with a growing supply/demand imbalance that’s about to go critical!

By its own code, which can’t be changed, Bitcoin’s SUPPLY is limited to 21 million “coins.” There are currently 16.6 million Bitcoins in circulation. And as you can see from this chart, the pace of Bitcoin creation is starting to decelerate. It has to decelerate… that’s built into the code. By 2021 there will only be 1.7 million more Bitcoins in circulation than there are today.

Now look at the DEMAND curve below. Demand is growing in a parabolic manner. This might remind you of other such charts depicting Moore’s Law, which governs various tech-related developments such as the

Page 8: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 8

increase in computer memory and functionality over time. And once something fits Moore’s Law, it’s in a process that no one can stop.

Page 9: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 9

REASON #2. BUBBLES ARE DIFFICULT TO SCALE/PREDICT

I agree with billionaire and ex-hedge fund manager Steve Novogratz that Bitcoin probably is in a bubble, but what does that really mean for Bitcoin’s future?

Novogratz is opening a $500 million hedge fund focused exclusively on crypto.

The Internet boom created a bubble and in 1996 Fed Chairman Alan Greenspan saw it coming . That was the year he made his famous “irrational exuberance” comments.

In the bigger picture, however, the Internet bubble was an early ramp-up in a secular bull market that would continue for another 20+ years!

The ultimate Internet winners like Amazon, Apple, Google, Facebook, Netflix, Priceline, etc., went on to lead the entire market to amazing heights… and we are not yet at the top.

Personally one of my worst trades as a young investor and virtual portfolio manager was buying Apple at $23 and selling at $32. I thought I was smart, but of course I now regret thinking small and short term.

Page 10: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 10

I recommend taking the same long-term perspective with crypto. This chart might explain why.

Today, Bitcoin has a market cap of $94 billion, not enough to show as a thin line on the chart. The entire cryptoverse has a market cap around $150 billion. It would need to increase 10X to equal the dot com bubble valuations at their peak. I think that’s a no-brainer projection. We are early in the game. How early? In this “back to the future” scenario, I it’s “1996”… near that arrow on the Dow chart above. There’s a growing buzz, but things are not yet manic.

Indeed, the U.S. ranks 15th in global search for in Bitcoin. (By the way, Nigeria is #1… so watch your wallet!)

Page 11: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 11

Comparing searches for Bitcoin to searches for “Stock Market” only 4 states in the U.S. favor Bitcoin. No landslide in this election yet.

But what happens when a rich country like the U.S. finally wakes up to crypto? And what might drive that awakening?

That leads us directly to Reason #3.

Page 12: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 12

REASON #3. THE UNIVERSAL ADOPTION OF BLOCKCHAIN TECHNOLOGY

The underlying technology that powers cryptocurrencies—blockchain— is a bona fide global disruptive force. And like the Internet itself, blockchain adoption is unstoppable because no one

would benefit from blocking it.

Blockchain is a radical improvement over existing data structures. In simple terms it’s smarter, faster, more secure, more efficient and therefore cheaper. There’s been a rush to adopt it because it solves so many real world problems and bestows tremendous competitive advantages. Bottomline: blockchain adoption will boost corporate profits in the same way the Internet did.

That’s why companies like Microsoft, Accenture, IBM, JP Morgan, British Petroleum, Banco Santander, BNY Mellon, CME Group, Wipro, Intel, Cisco, SAP, Credit Suisse, Thompson Reuters, UBS as well as the largest bank in Russia have joined together to create global standards for one particular crypto platform, which I will tell you about in a moment.

Page 13: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 13

REASON #4. GENERATIONAL DEMOGRAPHICS

If you are still skeptical about Bitcoin, I’m guessing you are over 40. I say that because the crypto phenomenon is being driven by the Z Generation… the Post Millennials… 35 and under.

This is a semi-nomadic cohort of 66 million smart young adults who don’t own a car or a house and will never open a savings or checking account. They live lean, have zero debt, and do all their business, social and entertainment interactions from their phones.

Because they were raised on video games, the boundary between The Real and The Virtual is quite permeable. Therefore, a virtual currency that is spendable in the real

world makes total sense to them. In fact, it’s a utopian dream that helps them deal with a dystopian reality… the fact that they have been financially disenfranchised.

Equally important, the 75 million Millennials are indirectly supportive of the Z-agenda because they are driving the corporate blockchain revolution. Millennials are also saving for their future because they don’t have pensions and they don’t trust the government or Wall Street to provide. An alternative asset like Bitcoin is likely to become more attractive to them than the stock market, especially if has a core mission to enhance individual freedom, a value the Millennials share.

Together, this hybrid demographic group accounts for about one third of the U.S. population. Based on the growth of Bitcoin wallets, now at 17.6 million, I estimate that just 10% of this 144 million hybrid cohort currently owns Bitcoin.

But they are getting involved/converted from passive observers to actors at the rate of almost a million per month!

Page 14: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 14

What happens when just another 10% of this cohort (another 14 million people) decide that they want to use Bitcoin or some other crypto currency due to low transaction costs, or more privacy protection or an a long term asset? What would that do to the supply/demand balance?

And when would this happen?

The math is pretty simple:

Demand w ill overwhelm supply by the end of 2018. That’s why I predict that 2018 w ill be the breakout year for

crypto. And you w ill want to own some before then.

What we’ve seen so far… the so-called crypto “bubble”… is simply the prelude to the “Big Party” which begins next year and will probably last for a couple more years.

In the meantime, blockchain technology will establish a global decentralized peer-to-peer ecosystem that will become a new “smart home” for all the world’s information and business. Everything will become faster, smarter and cheaper. And cryptocurrencies will have a an important role to play.

Page 15: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 15

ONE CAVEAT

Although I believe we are on the verge of a fast paced and fascinating future, I’m not predicting a Utopia.

Governments will always want to stop the proliferation of unregulated currencies and transactions that they can’t tax or track.

Which is why I believe Bitcoin will eventually be re-targeted.

Although certain countries like Japan have made Bitcoin legal tender, totalitarian governments (like Russia and China) are actively banning crypto because it gives individual citizens way too much power.

The U.S. Senate held hearings on Bitcoin in 2014 and gave it a pass because Federal Reserve Chairman Ben Bernanke pointed out the compelling advantages of the technology. (In my view, Bernanke inadvertently saved Bitcoin.)

That said, according to recent comments by Bernanke himself, governments will insist on finding ways to regulate and tax it. And there’s no telling what that

process will look like.

So that’s why I’m not recommending Bitcoin as an immediate “buy.”

Instead, as promised, I want to share with you my #1 Crypto Pick.

Page 16: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 16

ETHEREUM Cryptocurrencies have weird names and this one is no different. Ethereum (ETH) is sometimes referred to as the “digital silver” to Bitcoin’s digital gold. And like silver, it’s less than 1/10th the price of Bitcoin.

This is a pic of one of the founders. I know… he looks like the leader of a British rock band… but looks don’t matter in this field. I’m sure he has tattoos, as well. But he also has a Ph.D. in computer science, was a consultant to Microsoft on computer languages and enjoys game theory and other esoteric mathematical

pursuits.

The #1 reason to consider Ethereum: it w ill never be targeted by governments. Why?

Because it’s not designed to be a means of payment that would compete with fiat currencies. So what is Ethereum, exactly?

Ethereum is a very smart distributed (peer to peer) blockchain network. The operators of that network (computer geeks all over the world) are paid for their work with tokens (ETH) that have real world value so they are incentivized to keep the network functioning perfectly.

Ethereum is like Bitcoin v2.0 or maybe 7.0. Bitcoin is like a straightforward (dumb) landline, whereas Ethereum is like an iPhone. Ethereum is networked in a way that Bitcoin will never be because it has a built-in operating logic that can automatically execute complex contingent transactions, including contracts.

This means it’s an ideal enzyme for removing middlemen from all sorts of inefficient transactions. It’s designed to bypass red tape, delays and bureaucracy.

Investing in Ethereum is investing in the core framework of the super-efficient New Global Economy, which will be defined by direct,

Page 17: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 17

instantaneous and cheap peer-to-peer interactions. There’s already a long list of major global companies (mentioned above) working specifically on ethereum applications.

Although the price of Ethereum has increased 2,400% the last 12 months, I believe the increasing pace of global blockchain adoption will propel it at least 10X higher and with less volatility than Bitcoin.

Page 18: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 18

ONE FINAL QUESTION

Are you ready for the revolution? It’s about to start. Are you ready to create potentially life-changing wealth? Someone is going to benefit… it could be you.

Even if you don’t understand much about blockchain technology (and most people don’t), I know there are a few of you reading this right now who can sense the significance of what’s coming.

So stay tuned…

© Copyright by Trading Concepts, Inc. All Rights Reserved

This training program, or parts thereof, may not be reproduced in any form without the prior written permission of Trading Concepts, Inc.

No claim is made by the Trading Concepts, Inc. that the trading strategies shown here will result in profits and will not result in losses. Trading may not be suitable for all recipients of this Report. All comments, trading strategies, techniques, concepts and methods shown within this program should not be construed as an offer to buy or sell Stocks, ETFs, Foreign Currencies, Futures, and/or Options – they are opinions based on market observation and years of experience. Therefore, the thoughts expressed are not guaranteed to produce profits in any way. All Opinions are subject to change without notice. Each trader/investor is responsible for his/her own actions, if any. Your request for the Trading Concepts Steps to Life-Changing Cryptocurrency Profits Report constitutes your agreement to this disclaimer and exempts Trading Concepts, Inc. from any liability or litigation.

Important Notice - Risk Disclaimer: Trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy or sell Stocks, ETFs, Foreign Currencies, Futures, and/or Options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in our training program. The past performance of any trading strategy or methodology is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under - or over - compensated for the impact, if any, certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.

Page 19: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 19

About Todd Mitchell

I began reading about, studying and researching the mar-kets back in 1987, while I was still in college. Then, in 1988, I started to actively trade the markets with real money. My interest, which quickly led into fascination, in the futures and stock market began when I used to manually update my father’s charts on a daily basis. In 1990, when I graduated from college with a Business Finance degree, I decided to trade full-time because I had seen, firsthand, how much money could be made trading.

After a few successful trading years following college, I tweaked and perfected my trading strategies. I decided to use my knowledge and experience to launch Trading Concepts in 1994 to help fellow traders, just like yourself. Trading Concepts quickly established a reputation as one of the industries finest educational companies due to the powerful trading strategies that I developed. Combining powerful futures and stock trading strategies with sound trade and money management techniques, I have been able to help Individual at-home retail traders gain the power knowledge base that had previously only been available to professional institutional traders. Today, I teach new and experienced (and everyone in between) traders worldwide how to succeed in today’s markets. I demonstrate step-by-step trading strategies in clear, concise terms, mixed with analogies and examples throughout all my courses and personal mentoring program. You will therefore gain the correct mindset and money management techniques for trading whether you’re a beginner, intermediate or more experienced trader. I not only thank my dad to this day for introducing me to the markets, but for teaching me many Valuable trading lessons that I still use today.

Visit https://TradingConceptsInc.com/ to Learn More!

Page 20: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 20

About Dr. Kenneth Reid

Dr. Kenneth Reid is a seasoned trader and trading coach with a Ph.D. in Clinical Psychology. He helps private traders, as well as professional hedge fund and bank traders deal with the psychological challenges encountered in a trading environment (especially futures and forex.) An avid tennis player, he applies the principles of modern sports psychology to trading. Dr. Reid publishes his Mastermind Prescription weekly video

coaching series through Trading Concepts. The self-help program is designed to help traders master their own psychology when trading. Dr. Reid spent 10 years as Senior Editor, virtual portfolio manager and swing trader for a large financial newsletter (20,000 subscribers). He co-founded the first weekly ETF trading service, at a time when ETFs were just starting to become popular. Today ETFs are a $3 trillion industry. Dr. Reid believes that cryptocurrencies represent a similar growth story. Dr. Reid has an abiding interest in the technical side of trading, as well. He co-developed an extensive suite of proprietary trading software and trading algorithms. More recently, he has applied his extensive technical knowledge to modeling and predicting cryptocurrency behavior.

Visit https://TradingConceptsInc.com/ to Learn More!

Page 21: © Trading Concepts, Inc. Page | 1ebookguides.s3.amazonaws.com/StepsToLife-Changing... · I’ll explain why in a moment… and then I’m going to give you my single best crypto

https://TradingConceptsInc.com/ © Trading Concepts, Inc. Page | 21

About Trading Concepts

Since 1994, Trading Concepts has provided investment education and personal mentoring, market analysis, online trading tools and portfolio management techniques to thousands of people from all over the world. Every day, our proven high-reward trading strategies help traders successfully navigate the markets and chart paths to financial security. In fact, we not only stand behind our pledge to provide the highest quality investment education and trading resources possible, We Guarantee lt.

Trading Concepts provides practical, step-by-step, easy-to use, high-profit, low-risk, low stress trading strategies. Avoiding overly technical or theoretical complicated material, Trading Concepts represents a practical, balanced approach to trading profitably in today’s markets. Since our inception in 1994, we have enriched the lives of an ever-expanding number of students in over 52 countries worldwide. Trading Concepts quickly established a reputation as one of the industries finest educational companies due to the powerful trading strategies that we’ve developed. Combining powerful futures, stock option trading strategies with sound trade and money management techniques, Trading Concepts has been able to help Individual at-home retail traders gain the power knowledge base that had previously only been available to professional institutional traders. Today, Trading Concepts teaches new and experienced (and everyone in between) traders worldwide how to succeed in today’s markets. We demonstrate step-by-step trading strategies in clear, concise terms, mixed with analogies and examples throughout all of our educational programs. You will therefore gain the correct mindset and money management techniques for trading whether you’re a beginner, intermediate or more experienced trader.