Did you see what Team Trump let slip at Davos this week?
They smacked down the dollar – and gave a big lift to silver, gold and the crypto markets in the process.
I think there could be more of this to come, as I’ll explain in a moment.
And that’s great news for people with money outside the regular financial system.
Before I get there…
Check out this bargain in the January sales!
It’s odd to think that as recently as 17th December, Bitcoin was trading at $19,783.
A little over a month later… and you can buy it today for just over $11,000.
That’s one hell of a bargain!
So, if you haven’t already bought Bitcoin… and you’ve been meaning to…
This is great news.
Think of it like the January sales…
The chance to pick up something you’ve been thinking about buying… for a discount.
But timing is everything…
In today’s Monkey Darts, I’ll explain why.
And I’ll show you the best way to get involved right now.
In fact, if you read on, I’ll tell you about a three-pronged approach to hunting down profits from the most exciting cryptos on the market.
You won’t be on your own. You’ll have the most experienced and successful investor you’re ever likely to come across to hold your hand.
More on that in a moment.
Why buy Bitcoin?
OK, I know plenty of Monkey Darts readers are already crypto players.
If so, you know the score. You’ve seen the potential.
And hopefully you’re comfortable with the volatility in this market. It goes hand in hand with the huge rewards that are up for grabs.
But I also know that some readers are still not convinced about Bitcoin or cryptos or the whole blockchain technology that’s behind it.
If you’re not, that’s perfectly understandable.
After all, it’s a monumental shift that’s taking place.
And it’s not necessarily apparent how important it is.
But then that’s always the way with breakthrough technologies that challenge the way things have been.
Often in the early days, people scoff at those new ideas.
They think they’re a “fad” or that they “won’t last”.
And they refuse to believe that they might go on to revolutionise processes and businesses.
You can say that about lots of the technologies that we now take for granted but that – in their day – were “crazy ideas” that wouldn’t take off…
Crazy “fads” that shaped the world we live in
One example is the printing press which was ridiculed at when Johannes Gutenberg first unveiled it in 1439.
“It’ll never last!” said the monks whose job it was to hand scribe religious texts on to parchment made from animal skins.
But it did.
And Gutenberg’s printing press allowed for a far more efficient assembly line-style process.
Books could be mass produced, quickly.
And at a far smaller cost than was possible with the manual block printing methods that were already replacing handwritten texts.
Look at the printing and publishing industries today.
There aren’t a lot of monks writing with quills on goatskins.
But books live on.
And although technology has advanced further and much of what we read is electronic, Gutenberg got us where we are.
The printing press was the game-changer.
Same with the car.
Imagine when some human first had the idea to use horses and other animals to get around.
They must have felt pleased with themselves.
Even more so when they hooked carts up to them and were able to carry far more from A to B.
And to do it far more quickly…
When steam engines were invented in the 18th century it made things even easier – powering trains, ships and industry and revolutionising travel, and the movement of freight.
But it was the invention of the internal combustion engine in 1859 and eventually the car that were the game changers.
“The horse is here to stay but the automobile is only a novelty – a fad,” the president of the Michigan Savings Bank said in 1903. He was advising someone not to invest in the Ford Motor Company.
Of course, early investors in the automobile industry made great returns as adoption of the new technology took off over the world.
Same with people who had the vision and courage to back new technologies like telecoms, personal computers and the semiconductors that are at the heart of all the electronic devices we have in our homes.
Not every company involved in developing and advancing these technologies went on to be successful.
But the technology itself survived. And grew more advanced.
And backing the right players has been a great way to grow wealth.
Investing in game-changing technology can lead to serious returns.
How the blockchain changes everything
And I think this is how we need to think about Bitcoin and the blockchain.
It’s a game-changing technology that has the potential to revolutionise many of the processes and services we take for granted in daily life.
Bitcoin’s just the first.
The one many people have heard about.
But there are far more applications – and opportunities to profit.
The idea behind Bitcoin is simple.
It started out as a decentralised, peer-to-peer electronic cash system.
A way to make payments without using the banks or any central authority.
Because people were fed up with the regular financial system after it almost collapsed in 2007 following the global financial crisis.
Bad lending practice by the banks led to a meltdown in world financial markets.
Bitcoin was created to get around that sort of problem in the future – and to circumnavigate the whole financial system.
It’s not yet been widely adopted as a payments system.
But it’s growing.
More and more restaurants and retail outlets are starting to accept payment in Bitcoin.
Only this week, Australia’s Brisbane Airport announced it “will soon be accepting Bitcoin, Ethereum and other cryptocurrencies at various retail establishments for travellers arriving or departing the airport’s terminals.”
And we can expect more and more businesses and people to start using cryptos as the technology improves, transaction costs come down and word spreads.
Why do you think the banks hate it?
Because Bitcoin is threatening to eat their lunch!
If everyone starts sending money or paying for things with this new electronic cash system, the banks lose out.
It’s exactly as Canonbury MD, Nick Laight, explains it in his brand-new Crypto Cash Fusion report (released yesterday):
“[The financial establishment want] to make you question and doubt the validity of Bitcoin and other cryptocurrencies.
“To influence the way you think and control your actions.
“Ultimately, they don’t want you to make money.
“Think about it…
“All the time money is pouring into cryptos… it is moving away from their coffers in the form of high fees they charge you for looking after your money or the investments they hold.
“So they badmouth Bitcoin.
“They warn of bubbles bursting and ‘scams’ and catastrophic losses.
“But NEVER because they are worried about you…
“They’re worried about your money going elsewhere!”
[To see the full opportunity, I urge you to read Nick’s full “Crypto Cash Fusion” report now.]
I’m sure you can see what I’m saying here…
You can expect to see plenty more badmouthing of Bitcoin and cryptos from the financial establishment goons.
They’re terrified of what’s happening.
The threat to their business.
So they want to scare people like you and me away from investing in this new technology.
But it’s unlikely to work.
Blockchain is too important.
We can see from the growing number of businesses adopting Bitcoin, the number of new blockchain applications being developed and the sheer volume of new people investing in it, that this technology is here to stay.
And it’s not just Bitcoin.
There are a bunch of other competing crypto coins (or ‘altcoins’) developing payment systems using blockchain technology.
But there are far greater possibilities too.
It’s likely that over the coming years blockchain technology will change the way we do things. In almost every aspect of our lives.
And that’s where the rest of the cryptos come in.
There are cryptos taking the blockchain idea and applying it all over the place…
In gambling and casinos… in global shipping and logistics… in cloud storage and security.
It’s even being developed for use in government and central banking. (The irony!)
Just about anywhere you can think of that needs a way to record and transfer data that is transparent, secure, auditable, and resistant to manipulation…
Someone’s figuring out a way to use blockchain technology to make it better.
That is a huge opportunity – and one that’s only now taking shape… and has years to run.
By the way, I don’t claim to be one of the visionaries that saw the importance of Bitcoin and the blockchain early on.
Not at all.
In fact, I was a sceptic.
Not like the 15th century monk, stubbornly refusing to accept that his quill and goatskin were inefficient or that the press could improve things.
But I just didn’t get the implications of what the blockchain and Bitcoin and cryptos have the potential of doing.
Now I do understand the opportunity.
And it’s thanks largely to the work of the team Nick’s assembled here at Canonbury.
They’re the ones I go to to find out about this stuff.
And it’s this team that I think you should check out for yourself.
If you want to make money in crypto, follow this guy
This guy is a serious players in the crypto space.
The main man, Finn, is a self-made crypto millionaire.
He’s one of the early adopters.
He bought into Bitcoin back in 2012, when it was just $1.50. And he’s been involved with and profited from countless other cryptos too.
He understands the blockchain technology like you and I understand making a coffee.
Finn’s made his money in crypto already.
But he’s so passionate about this market, Nick’s persuaded him to share his insights with us all.
If you’ve been thinking this crypto market is the kind of opportunity you might be interested in, you should check him out (Click here).
He’s looking at both short-term trading opportunities and longer-term wealth-building crypto investments too.
He even gives the inside track on ‘new issue’ ICO plays where you get the chance to make many times your investment by getting in when a coin first comes to market. (Don’t try this without Finn’s guidance!)
I’m sure you’ve read about lots of guys who’ve made money in cryptos. There are plenty of people who claim to know it all.
But if you’re looking to make a bit yourself in this space, this guy’s the real deal.
And he’s offering to help you crack this market right now.
Check out his risk-free 90-Day Crypto Profit Challenge here.
Nick makes an important point in his new Crypto Cash Fusion report.
Here’s how he puts it:
“Since the financial crisis of 2008, ordinary people are looking for places to invest that cannot be manipulated or distorted by governments, city insiders or the financial elite.
“Political uncertainty and devaluing of sovereign currencies has sent savers and investors to alternative stores of value.
“More and more, people are moving away from traditional safe havens like gold to cryptocurrencies.”
He’s on the money here.
On Wednesday one of Donald Trump’s henchmen, Treasury Secretary, Steven Mnuchin told reporters at Davos that “a weaker dollar is good for us as it relates to trade and opportunities”.
What’s that all about?
He’s talking the dollar down.
A weaker dollar is good for the US economy as it makes its exports cheaper and more attractive.
And in response, the dollar immediately slumped.
And alternative financial assets such as gold, silver and cryptocurrencies bounced hard.
Trump subsequently tried to play Mnuchin’s comments down, saying they were taken “out of context”.
But given that the President has in the past made no secret of his desire for a weaker dollar, we can take that with a pinch of salt.
And if Trump wants a weaker dollar… the chances are he’ll get a weaker dollar.
That could be good news for assets that respond well to dollar weakness: gold, silver and – increasingly – cryptocurrencies.
The case for owning a little Bitcoin and other cryptos strengthens by the day.
And after the recent correction, now looks like a great time to get involved if you have a bit of spare cash to take a position with.
Just don’t go into it blind. Get the help of someone who’s mastered this market over the past six years and can show you the best ways to play it.
I’ll be back soon– have a great weekend.