Not your keys, not your crypto. If Mt Gox didn’t hammer home that lesson, FTX likely will. The Mt Gox exchange — the first big-name exchange — lost everyone’s funds in 2014, and it was an early lesson that you couldn’t trust central parties.
Bitcoin Investment News: Stay Informed About Crypto Opportunities
The idea of bitcoin might be completely foreign to you. But if you’re here then you’ve probably at least heard about it.
You might have heard about the incredible price gains it’s seen over the last seven years. You probably now know that bitcoin is worth double the price of physical gold (at the time of writing).
And now you’ve probably come to the realisation that bitcoin is something you must know more about. Good. You’re in the right place.
Why the FTX Collapse Is Good For Bitcoin
It was never ‘true’ proponents of crypto who promoted SBF or FTX.com. Sure, some crypto industry grifters played their part. But in large parts, it was the mainstream media who gave him and his dodgy exchange credibility in the wider world.
Buy Scarce Assets…Wait…Then Profit
In today’s Money Morning, the most basic way to make money in the market is to buy something scarce that demand will increase for. Free markets react to these moments by increasing supply in response to rising prices. But right now, distortions created by government and central bank policymakers are killing these signals. And I think that opens up two big opportunities now. Read on to find out more…
Most People Still Don’t ‘Get’ Crypto — Don’t Be One of Them
In today’s Money Morning, grappling with the complex world of stocks can be tricky for any investor. But when confusing investments deliver overnight success, it’s easy to feel like you missed out. No asset class is a better representative of this than cryptocurrency. Because while it is still a mystery to many, plenty of people are aware of crypto. And for that reason, you don’t want to be the last to know what crypto has to offer…
A Seminal Moment in Bitcoin History
In today’s Money Morning, Bitcoin [BTC] has come a long way from its early days of exchange. Almost all of us look back and wonder how we missed such an incredible investment opportunity. Right now could be the next ‘bitcoin moment’ that people will be talking about in years to come. In fact, bitcoin soaring to US$1 million is not as absurd as you may think…
Bitcoin Bides Its Time for the Next Big Boom
Previous cycles in bitcoin have showcased just how volatile the swings from top to bottom can be. Each and every time, it’s been a similar story — a massive boom followed by a pretty deep bust. But the crucial detail is that bitcoin always comes back stronger in the next cycle…