master cryptocurrency boot camp · 09/10/2017 · diamond miners gold, a metal with no industrial...

The who, what, when why

and how of everything

Master CryptoCurrency Boot Camp

Cryptocurrency:

Day trading, short term trading, options trading, and futures trading are extremely risky

undertakings. They generally are not appropriate for someone with limited capital, little or

no trading experience, and/ or a low tolerance for risk. Never execute a trade unless you

can afford to and are prepared to lose your entire investment. All trading operations

involve serious risks, and you can lose your entire investment. No trades are

recommendations or advice and can not get sued for losses of capital. All trades are for

educational purposes only. People contact your broker or RAI for execution, merger, and

other capital requirements. Everyone watching presentation adheres to ALL disclaimers

on www.optionhacker.com and www.keeneonthemarket.com

RISK DISCLAIMER

I am NOT one of the early BUYERS of Bitcoin, but I am LONG it now

Small Little Review before we get into the low down!

Cryptos represent the BEST risk vs. reward out their PERIOD!

What Are Cryptocurrencies

• A cryptocurrency is typically defined when possessing these properties:• Private, instant, online using blockchain technology• Anonymity is enforced• Online and used through an internet connection

• Many cryptocurrencies take emphasis on the technology aspect. By utilizing modern day technology, cryptos can be used for many online transactions.

• Cryptos also utilize cryptography to keep privacy an important factor

➢We go into this, but there anymany reasons

➢Think of them as a currency NOT acommodity that the governmentcalls them.

➢More of it cannot be created, depending on crypto

Cryptocurrency is unique..

➢ Bitcoin was the first cryptocurrency and it was introduced in 2009➢ This meant there was a form of currency that was decentralized➢ The developer of Bitcoin is a mystery person (or group) known as Satoshi

Nakamoto➢ Every year after 2009 was a year that new cryptocurrency was being

introduced➢ Today, there are 900 plus types of cryptocurrency out there➢ Last year there were ONLY 6 cryptos that were down on the year

History of Cryptocurrency

The downside is ZERO yes, but upside is 1000%

➢ Diamonds became symbols of prestige as far back as India, and eventually became knownto be a product of South Africa, their demand being highlighted by De Beers, the premierdiamond miners

➢ Gold, a metal with no industrial purpose, became a means of trade for merchants whocouldn’t easily transport cattle or wheat

➢ Everything has value if someone puts a value on it.

Currency Crazes: Diamonds and Gold

➢ When man assigns value to something it instantly gains in value,therefore you can profit from it.

➢ When there is a limited supply of something it becomes morevaluable. This is the case with diamonds and gold. Withcryptocurrency, there is a limited supply. See the connection?

➢ All of these commodities were ones that the first who got thereprofited from most. Those who come in at the end of a cycle are theones who will receive the least benefit.

What do diamonds and gold have in common?

Imagine if you could have invested in the “Internet”

Well Cryptos is the Currency of the Internet and has just Begun

You can know this by evaluating the 3 points of consideration below:

➢ The market is not oversaturated.➢ The market is still on an upward swing.➢ There is a relatively good risk to reward.

3 Points of Evaluation

Are you ready to invest in cryptocurrency?

I am NOT saying SELL everything you own, but EVERYONE needs some money

in cryptos

Recap

➢ Cryptocurrency was introduced to the world in 2009 andever since then, it has changed the way we can conductcommerce and/or make money.

➢ Since cryptocurrency is digital and only a specific amount isavailable – ever – it isn’t dependent on the economy.

➢ Today there are approximately 900 types of cryptocurrencyon the market and this number is ONLY growing.

Lets go into the NEW material

➢These are the 5 MAIN reasons why Bitcoin andCryptos are going to the moon, before that letstalk about they two main ways: Invest orTrading Them

I am going to teach you DR. PST

History of Cryptocurrencies

1998 - First Steps

• Wei Da publishes idea of “B Money” - an electronic currency system that works completely decentralized, for the people by the people

• Interests in an “online money form” start to emerge through early 2000s, but falls quiet due to increasing interest into what would become known as the dot com bubble


2009 - Bitcoin Release• The first official decentralized currency “Bitcoin” is released by an unnamed

developer under the pseudonym “Satoshi Nakamoto”

2011 - Further Adaptation into Society• Nakamoto releases the “Farewell version” of the project and leaves Bitcoin

for good; starts to become adapted by general public for general online purchases anonymously.

Is it possible that Bitcoin was founded by 4 main companies?


2012 - The Power of Cryptos are Discovered• Bitcoin becomes being used anonymously for illegal purchases. In

combination with “mixing”, users can anonymously purchase from tor networks.

• Government and general public realizes Bitcoin’s potential and technological advancement

• Cryptocurrencies adapt a general negative connotation at this point in time


2014 - Altcoins • In 2014 “Altcoins”, are popularized; public understands that

cryptocurrencies can branch off and form different currencies for different purposes

• Price starts to rise dramatically as further purpose for cryptocurrencies are discovered

• Altcoins can be detailed for specific purposes using blockchain technology


2016 - Incomparable Growth• By this year Bitcoin has shown 3000% growth since its debut, defying

what has been taught by years of financial firms

• Financial firms, brokers, and even government sectors take interest in Bitcoin

• Bitcoin gains attention from huge investors at this point in time as well; Bill Gates and Janet Yellen (Fed Reserve Chair) state recent research investments.


2017 - Bitcoin Bounces Back• March - After an SEC official decision of denying Bitcoin as an ETF, Bitcoin

prices fall in a shocking percentage; not before bouncing back shortly after and reaching all time highs of $2000

• July/August - The Blockchain “Splits”, creating a new crypto dubbed “Bitcoin Cash”. After a sharp rise however, it falls in nearly 60% of value, as Bitcoin continues to reach all time highs once again in the $3200 range.

• On the Jamie Dimon news and China IPO Bitcoin fell to $3000 from $5,000 just to bounce back.

List of All Currencies

Currently there are over 1000+ Cryptocurrencies. The “big 3” mainly enforced my major exchanges such as Coinbase and GDAX are:

-Bitcoin (Largest crypto market cap)-Ethereum (Second largest crypto market)-LiteCoin (Third largest crypto market)Recently added due to the recent hard fork is:Bitcoin Cash (BCash)

A Financial Advisor used to tell you this:

➢1. 100 minus your age in Stocks.

➢2. 100 minus your stock Portfolio should beyour Bond position

Your Portfolio should be this:

➢1. The stock market is a 52 week high

➢2. Including Inflation, Bond lose money at a 10year 2.4% bond

There is one major problem with this

We are making a better portfolio for you

➢1. 40% Stocks➢2. 20% Real Estate➢3. 10% Bonds➢4. 10% Alternative Investments➢5. 10% Gold➢6. 10% BITCOIN and CRYPTOS

Your Portfolio should look like this:

➢1. $400,000 Stocks➢2. $200,000 Real Estate➢3. $100,000 Bonds➢4. $100,000 Alternative Investments➢5. $100,000 Gold➢6. $100,000 BITCOIN and CRYPTOS

Yes, lets say you are worth $1 Million:

➢1. Stocks: 10% per year: $150,000➢2. Real Estate: 8% per year: $55,000➢3. Bonds: 2.5% per year: $8,000➢4. Alternative Investments: 6%: $20,000➢5. Gold 5%: $20,000➢6. BITCOIN and CRYPTOS 10x: $1,000,000

Possible Upside Potential:

AAPL from 1999 to 2009: $8 to $30

AAPL from 2009 to 2017: $30 to $1000

So the question is who made more money?:

The trader who bought AAPL at $8 PROBABLY sold it at $30

But the trader who bought AAPL at $30 probably is still LONG it at $1,000

Now lets look at AMZN 1999-2009: $80 to $1000

Yes it is true that the early adopters made money.

Now lets look at a chart of BTC Bitcoin

Yes you made money from $2000 to $4,600

But you will make MORE money from $4,600 to $25,000 which is where we think it can move to.

➢I call this DR. PST so learn them well..

Now I am going to teach the reasons why:

➢Lets give you a little history about theUnited States and their printing press ..

D: Deregulation of Governments Around the World

➢People in the U.S. HAD to sell their gold tothe US government or go to jail

1933 President Roosevelt told US citizens it was illegal to own gold

➢The U.S. had all the gold and was backedto the U.S. dollar

For over 4 decades it was ILLEGAL to own good in the United States

➢So, we would always have our moneybacked to SOMETHING and this wasGOLD.

Then in 1971, President Nixon took the U.S. off the gold standard

➢The answer is NOTHING, it has supply vs.demand curve but really has NO value.

So, you say what is the U.S. backed to?

➢True or false the Federal Reserve is ownedby the U.S. government?

Lets talk about the Federal Reserve NOW

➢What does this mean? A lot

The answer is false, the Federal Reserve is a private entity

➢NO ONE in the world, can audit theFederal Reserve, so NO ONE ever knowshow much money they print, and it isntbacked to anything.

So, the Federal Reserve can PRINT as much money as they want.

➢Over $20 trillion dollars and pays yearlyinterest of $150 billion

Lets look at how much the U.S. government is in debt

➢Look at these countries

There are other countries with higher Debt/GDP ratios

➢They are both “peer to peer” systems withsome having limited productions. So, oneday the Federal Reserve will be in HUGEtrouble for the amount of money theyprint.

So, what does that mean for Bitcoin and Cryptocurrencies.

➢Just as gold and diamonds received value,others will look to different avenues tofind value, enter Bitcoin

When that happens, the U.S. dollar will decrease in value

➢1. It has limited production not like the USdollar, there can only be 21 Million tokens

➢2. It will NEVER be controlled by ANYgovernment, it is a peer to peer system

Bitcoin unlike the U.S. dollar has two very important principle

➢ The stands for Retail order flow into a supply vs.demand curve. The more aggressive buyers the higherthe price goes, more aggressive sellers the lower theprice goes

Now lets look at the R in DR. PST, which is RETAIL money

➢ I did the same thing in Chicago, lets look at how manypeople have heard of Bitcoin and Cryptocurrencies.

Lets take a look at a Survey with AlphaShark subscribers: 85%

➢ I did the same thing in Chicago, lets look at how manypeople have heard of Bitcoin and Cryptocurrencies.

Now lets look at how many people currently own Bitcoin and Cryptos?

➢What does this tell me?➢ There is NO retail money in this space and when the

retail starts to buy it the higher it will move.

90% of people have heard of Bitcoin, but only 10% are currently long them.

➢How much is this house worth?➢Well in the Hamptons and will be worth more than

Kentucky, but why?

Think of a supply vs demand curve for a house

➢ So, the more buyers there are, the higher the price willgo. The less buyers the lower the price.

More people want to live in New York than Kentucky.

➢ That just tells me that Bitcoin and Cryptos have plentyof room to run the the upside.

I was SHOCKED when I found out how little people currently own Bitcoin

➢ It was “too expensive” and then it split 7-1 to makethe price roughly $85

This is very similar to AAPL when it was trading $650 years ago.

➢ The stock has run up almost 100%. More retail flowsinto a stock once it splits bc it is “cheaper” eventhough it has the same market cap

This is very similar to AAPL when it was trading $650 years ago.

➢ 1 share of AMZN of $990 no questions asked. Youcould buy .10 of Bitcoin for $470, you can NOT do thisin stocks

This is similar but different with Bitcoin

➢ 1 share of AMZN of $990 no questions asked. Youcould buy .10 of Bitcoin for $470, you can NOT do thisin stocks

Look at the returns of stock after their splits.

➢ There is NO retail money in Bitcoin right now, but oncethere is, this could SPIKE the price even higher

Its ALL about the supply vs. demand curve and we are NOT on the cusp of retail buyers

➢ Because it is SO hard and confusing learning how toput money in your account and this is why I broughtMr S on board. And he will teach you how.

Well, why is NOT much retail buyers in the market YET.

Now we have learned the Dr. portion of the Boot Camp, lets learn PST: Peer to Peer System

The P is Peer to Peer System, lets talk about what this is.

➢US dollars, Rolexes, Gucci belts could all counterfeit,but Bitcoin can NEVER be and I will tell you why.

You can counterfeit US money and almost every single good in the world besides Bitcoin

➢Once they verify a code, then the miners gets areward, that reward

When someone verifies a code on the blockchain, when multiple people confirm the code they get rewarded.

➢ The important thing is that Bitcoin can NEVER becounterfeit.

Mining is a whole another lesson, but you should get familiar with at least what it is

➢ The computers run and do costs a lot in electricity. So,Bitcoin costs about $1,000 to mine for one.

So, we know how much it costs to mine a Bitcoin, we can just ask John McFee.

➢ Bitcoin competes against banks in so many ways, healmost has to be anti-Bitcoin

Then we have Jamie Dimon who called Bitcoin a Fraud. Why would he say that?

➢ Bitcoin indirectly competes against US dollars anddollars around the world

Well, how much money does it cost to print U.S. dollars, just the paper its printed on

➢ She controls the Federal Reserve and ALL the moneysupply in the United States. And the FED can NOT beAUDITED ever

Who is the MOST if not SECOND most powerful person in the world

➢ The peer to peer system is more trusted, because it isnot controlled by just one person

So, you trust the a peer to peer system controlled by everyone or just trust a corrupt system

➢ There are only 21 Million tokens with 16.5 Million inProduction now and this number gets cut in halfEVERY year.

How much Bitcoin can be produced in EVER?

➢We have NO idea and we will NEVER know. Thismeans the Bitcoin is finite while U.S. currency could beinfinite.

How much U.S. dollars are produced every single year?

➢ These stand for Flight to Safety and Transferability

This has now taught us the P in DR. PST, now lets move on to the next two parts: ST

➢Nothing makes this market sell-off

➢ - Possible Trump being impeached➢ - North Korea having missiles➢ - The highest RSI I have ever seen in history➢ - Many other concerns and problems

This is the LONGEST in history we have gone with a 10% correction

➢When there is a correction,

➢ There is usually a “Flight to Safety” this is usually whathappens in the stock market

I am not going to call a stock market correction, but it will correct at some point.

➢ 1. Bonds: These are currently 2.4%

➢ 2. Gold: Another flight to safety play.

Stocks get sold and money gets allocated usually in two certain sectors

➢ 1. Since the 2008 and 2009 Housing Correction thestock market has been STRAIGHT up.

➢ 2. The market has NOT sold and is OVERDUE

Lets look at a chart of the S&P 500 Futures over the last 10 years

➢ The shows us that as the stock sells off the TLT spikes➢ Funds will sell stocks and allocate capital in bonds

Lets look at a chart of the TLT in 2008 and 2009 and the HUGE spike higher

➢ This shows us that as the stock sells off the GLD spikes➢ This was the highest for some time, in allocation of

capital

Lets look at a chart of the GLD in 2008 and 2009

➢When the stock market sells off then funds will taketheir money and SHIFT out of all stocks.

When there is a NEW flight to safety, I think when there is a correction to Bitcoin

Where they shift their funds, we have NO idea, but I think institutions will BUY Bitcoin

Institutions will NO longer trust the government or the Fed, they will shift to Anti-Fed

The last section of our DR PST is Transferability

It is all about the ability to transfer money ANYWHERE in the world

Lets say I want to send $30,000 to my TOS account, this it the issue?

It is going to take 3-5 to transfer the money and a $35 fee, that is TOO long

If I had Bitcoin, then I could send money anywhere in the world within seconds for NO fees at all

A Few Other Facts

A Few Other Facts

The first Bitcoin transaction was in 2009 for 10,000 Bitcoin for a $25 Pizza.

The average small business does 10.5% profit margin across the United States

There credit card processing fees are 3%, with Bitcoin, they could increase their profit margin by 30% from 10.5% to 13.5% WOW

Think about ALL the chargebacks and refunds a business gives, including Expedia

With NO chargebacks or refunds, a business such as Expedia could see their business grow by over 50%

The FBI owns one of the BIGGEST wallets in the world.

When they seized all the funds from Silk Road

Lets say I wanted to send money to my friend in Amsterdam RIGHT now at 10 PM, How would I do it?

1. Wait to the bank to open tomorrow AM

2. Pay $25 and wait 3-5 days to send the money

3. With Bitcoin, you can send it RIGHT now and receive within seconds

Think of Venmo, AAPL Pay, and QuickPayon Steroids.

- No waiting for the banks to be opened or closed- No limits on how much to send

Public Figures Behind Cryptocurrencies

Bitcoin and cryptos in general have received huge backing in terms of political and popular exposure. In addition to being featured in popular media outlets, and television shows that range from Family Guy to CSI,

Cryptocurrency has gained traction amongst public investment banks and even large SEC involvement.

Public Figures Behind Cryptos

Bill Gates stated that Bitcoin was unstoppable and here to stay as a currency and investment option.

- He stated it was “better thanCurrency”

- He also has said that he wouldn’tBe surprised if it hit the hundredsOf thousands of dollars marks.


Janet Yellen, head of the fed reserve and chair Of some of the largest federal reserveCorporations has stated interest and Donated millions into the further researchAnd implementation of cryptos intosociety.


Kim Dotcom, the computer genius behind “Megaupload” and Mega has been in support of

Cryptocurrencies since the beginning.- One of the first to predict it hitting the thousands- Developed own Bitcoin payment system

Dubbed “Bitcache”- Has stated support in a decentralized monetarySystem since early 2000s.


Dennis Rodman, basketball player and socialist has Stated extreme support behind decentralized Monetary systems. Rodman was even stated as beingA large public figure behind his own altcoin “Potcoin”


Nas, famous rapper turned investor looked to crypto’sAs a form of long term investment opportunities. This was Back in 2013, and was cited as investing millions into variousCrypto organizations for its further research and development.


Mike Novogratz, former hedge fund manager came out of retirement and is worth $1.5 billion to invest $150 million in his fund. What is that, exactly what we told you 10% of net worth.

The Pitfalls of Cryptocurrencies

Volatility - the continuous fluctuations in price action that can range from extreme positive to negative percentage points.

Cryptocurrencies have been commonly associated with volatility as they have shown extreme price action within the past years.

With this in mind you shouldn’t invest more than you can afford to lose, as nothing is ever guaranteed.


Exchanges - exchanges have ownership of your promised cryptocurrencies, however this is entirely a promise that you own that currency, not physical ownership.

If an exchange were to ever exit scam you would lose your cryptocurrencies and therefore lose your money. Always be cautious with the payments you make to exchanges as this is the main form of owning cryptos.


Anonymity and Complexity -As it is very complex coding and systems that goes behind the development

of Cryptos, if someone were to steal some from you, it is fairly easy to make this anonymous and get away with the act. - Extreme security measures are advised at all times when dealing with

them.


Cryptocurrencies’ negative connotation is a big pitfall that it has.

Many regard it as a bubble, similarly to the Tech Bubble inthe early 2000s that will “pop” at any moment.With this in mind, this makes other companies slow to adaptthem into their infrastructure.

Future of Cryptos

Many who believe in the power of cryptocurrencies believe that Cryptos will play a large role in everyday society. This includes having the following effect on fiat currencies:

- Deflation which would make cryptocurrencies extremely valuable.Deflation would not be a bad thing, many experts believe that the future of

cryptos lies in the deflation aspect.

Future of Cryptos

Further Social Adoption -- Many analysts believe that cryptocurrencies will continue to be adapted

into society - Cryptos will start to be seen more and more frequently as payment

methods on merchants- Cryptos will have a larger investment opportunity aura

Future of Cryptos

Highly Valuable Investment Options -- Many believe cryptos will be more essential to society than goldIn an entirely technological society, it makes sense that we have some sort of

“internet” currency.Investors have began to flock to cryptos as it seems to be more important

than physical assets in today’s investment society.

Banks Investing in Crypto

BNP Paribas , a French banking system invested millions into further Blockchain research.

- This was in part of its belief that it will disrupt and change the way that payments are made each day.

- Also believes in its world trading capability

Banks Investing in Crypto - SocGen

SocGen, another French Bank believes that blockchain technology is the future of payments and digital currency is the way to go.

SocGen was also listed as hiring multiple developers and IT Specialists with knowledge on Blockchain and cryptos.

Banks Investing in Crypto - UBS

Swiss Investment Bank UBS has been stated as showing open support in light of the blockchain and its tech.

- UBS opened a lab dedicated to entirety of research and development of the blockchain and improving payment systems within its own banking systems.

Banks Investing in Crypto - Barclays

- Public sponsors of Barclays center in New York, Barclays has shown extreme interest in the development of the blockchain.

- Barclays has signed multiple partnerships with Cryptocurrency associated banks and exchanges

-Also noted as hiring blockchain devs

Banks Investing in Crypto - Goldman Sachs

- Banking giant Goldman Sachs has showed huge interest in blockchain technology.

- Goldman Sachs has been yearly releasing reports on the cryptos that are uprising and states that it is here to stay - it has publicly announced it is bullish of Cryptos and has backed millions into its research.

Banks Investing in Crypto - Standard Chartered

The foreign banking system believes blockchain technology can improve fees that are associated with the usage of things such as wire transfers and credit cards.

- The banking system has also been hiring various blockchain developers for its further research.

So the last MAIN question, is how high can Bitcoin and Cryptos go?

The foreign banking system believes blockchain technology can improve fees that are associated with the usage of things such as wire transfers and credit cards.

- The banking system has also been hiring various blockchain developers for its further research.

This is a look at the whole Crypto market as a whole

You like round numbers?

I think the crypto space can move to $1 trillion which would 6x everyone and put Bitcoin at around $30,000

Where did I get this number? Gold is about $7 trillion

The Whole Forex market trades $5 trillion a day with Bitcoin trading $2.4 Billion

If Bitcoin and Cryptos get to even 1% of the forex then means it could 10x, 5% of forex market, 50x

I hope you have learned a lot, now on to Mr. S for setting up money, wallets, transferring money back, and more

master cryptocurrency boot camp · 09/10/2017 · diamond miners gold, a metal with no industrial...

Documents