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MY #1 WAY TO PLAY THIS TECH BOOM By Teeka Tiwari

MY #1 WAY TO PLAY THIS TECH BOOM

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MY #1 WAY TO PLAY THIS TECH BOOM

By Teeka Tiwari

www.palmbeachgroup.com 2

Today’s crypto market re-minds me of 1995 in the inter-net space…

Back then, there was a similar fervor with individual inves-tors. It was the first time I saw ordinary investors get the

jump on institutional investors.

They were coming in making all this money on little-known internet stocks in a few weeks or months.

Paravant Computer Systems was up 205%. Trans-Act Technologies was up 126%. And TeleTech Holdings was up 125%. They were so far ahead of the game…

Despite those gains, my institutional friends were like, “Look at these poor lemmings…

They have no idea what they’re doing. This will go bad.”

These institutional guys just couldn’t see the big picture. But I couldn’t blame them. Just think how the internet was back in 1995…

You had very limited bandwidth… You had virtu-ally no commercial uses… You’d go online and all you’d see is pages people created to post pictures of their cats.

I remember pitching an internet startup to an investor at the time…

He went to an internet café and got online to

test it out. And he told me, “I can’t invest in this. There’s nothing here!”

And I said, “You’re right! But this technology is going to change the world, you’re just seeing this at the first stage. Within a few years, everything we buy will be over the internet.”

People couldn’t understand that back then. They couldn’t grasp the revolutionary and ground-breaking potential of the internet.

What Wall Street needed to see was a catalyst for mass adoption…

And the spark came on August 9, 1995. That’s the date Netscape launched its initial public offering (IPO). An IPO is when a private company lists on a public exchange.

At that time, the internet had already been around for just over 10 years. But there were just 16 million internet users. And only 0.3% of the world’s population used the internet.

Then Netscape Navigator became popular…

Navigator was a user-friendly web browser. You didn’t need to know anything about computer code to use it. And anyone with a modem could surf the internet with ease.

By the end of 1996, the number of internet users had skyrocketed to 36 million – an increase of 125%. Five years later, the internet had a half-bil-lion users.

In August 1995, Netscape went public at $28 per

MY #1 WAY TO PLAY THIS TECH BOOMBy Teeka Tiwari

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share. The morning of the IPO, shares traded as high as $74.75 before closing at $58.25.

Its first-day pop of 108% was one of the biggest in history.

The Wall Street Journal re-ported: “It took General Dy-namics 43 years to become a corporation worth $2.7 billion in the stock market. It took Netscape Communications about a minute.”

The success of the IPO inspired the term “Netscape moment.”

It thrust the internet into the mainstream… It ignited the dot-com craze from 1995–2000… And it marked the shift to the Internet Age.

The Netscape moment was the spark plug that unleashed over $5 trillion of investor capital into internet stocks in the latter half of the 1990s.

It showed Wall Street could make billions in an entirely new industry.

Before then, internet stocks had been dismissed as mom-and-pop investments. But Netscape dangled a carrot in front of Wall Street and said, “Here’s where the money is. Come and get it.”

And boy, did they go for it.

Over the next five years… Wall Street splurged on internet stocks.

The tech-heavy Nasdaq shot up 400%. And names like Qualcomm, Cisco, and Oracle soared 3,097%, 2,426%, and 1,425%, respectively.

Today, another groundbreaking technology is having its Netscape moment: cryptocurrencies.

The Next Tech Revolution

I understand if you’re still skeptical about cryp-tocurrencies and their underlying blockchain technology. That’s because the clueless media has confused Americans in recent years.

For example…

In late 2015, the Financial Times called bitcoin a “pyramid scheme.”

Around the same time, The Washington Post de-clared, “Bitcoin isn’t the future of money.”

I even found an article with the headline, “Ten reasons why you should not care about bitcoin.”

This isn’t uncommon with new technologies. This 1995 Newsweek article says it all…

It went on to say that the internet would not catch on. It was just a fad.

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That same year inventor Robert Metcalfe pre-dicted: “The Internet will soon go spectacularly supernova and in 1996 catastrophically collapse.”

In 1998, famous economist Paul Krugman said:

The growth of the Internet will slow dras-tically. Most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.

Could he have been more wrong?

Many folks are making the same mistake today with cryptocurrencies. They’re dismissing it as a fad.

Look, I knew the media was just as clueless about cryptos… So instead of listening to them, I did my own research and went on a journey to meet with all the big players in the space.

I talked to people like Vitalik Buterin, the creator of Ethereum, one of the most popular crypto-currencies. I met with one of the richest men in crypto in Toronto. I also met privately with an executive in one of Asia’s billion-dollar crypto exchanges. And I also talked with a Silicon Valley legend, the venture capitalist behind both PayPal and SpaceX.

Based on my research, I knew Bitcoin wasn’t just a fad.

And ever since then, I’ve been fighting a long bat-tle to educate everyone about its value.

Back then, few believed bitcoin was a viable long-term investment. It was called a fraud, and some even dismissed it as a currency for criminals.

Because I was an early believer in bitcoin, I’ve had my reputation impugned… been maligned and ridiculed… and even received hate mail for my conviction in bitcoin.

If you’ve ever mentioned bitcoin to your family

and friends only to have them laugh at you, then you know what I’m talking about.

But those who listened to me and took the leap of faith have been handsomely rewarded.

Back when I first recommended bitcoin in 2016, you could buy it for around $400. Recently, it’s broken $60,000. That’s an incredible gain of more than 14,000% in about five years.

But with bitcoin’s amazing gains the past few years, many of you may be thinking you’ve missed the boat. You may be saying to yourself, “There’s no way bitcoin can continue its streak of domi-nance for another decade.”

If you believe that, I want you to reconsider your point of view. My research suggests we are still in the early innings of bitcoin’s rise to dominance.

And you still have a chance to ride its coattails to life-changing gains… But that window of opportu-nity is fast closing.

Let me explain…

The “New Internet”

Like I said before, when I first started talking about bitcoin in 2016, people called me crazy.

But that’s because they didn’t understand how bitcoin worked – and more importantly, they didn’t understand blockchain technology.

Most people familiar with the blockchain know it as the underlying technology of cryptocurrencies like bitcoin.

That’s true… The blockchain’s main use has been to record crypto transactions. But that’s not the only thing it’s capable of.

It’s a groundbreaking technology that we’ll even-tually use to record any type of transaction. For in-stance, you’ll be able to sell your car, home, or even artwork on the blockchain. That’s why some people

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are calling the blockchain the “new internet.”

Now, for most people, the blockchain is a difficult concept to grasp. After all, it’s a new technology. But don’t let that scare you.

Consider this…

Imagine you’re back in 1970. And I tell you that more people would send mail electronically than through mail carriers…

You’d probably think that was incredible, too. Or you’d think that I was crazy.

Fast-forward 50 years… and today, people send more mail over the internet than through the postal service.

That’s the thing about groundbreaking technol-ogy. In the early stages, we don’t always see how it’ll change society.

So what exactly is the blockchain?

At its core, a blockchain is simply a decentralized, distributed online network.

The internet is a great example of this type of net-work. No one owns the internet. And each com-puter logged into the internet is a “host.” Even if you shut down one host, it won’t shut down the entire system.

The blockchain works the same way.

Today, the internet is a global network linking millions of computers. There are over 4.5 billion active internet users and 1.7 billion websites.

Everyone on the internet can communicate with everyone else.

Think of the internet as an online postal service, and the blockchain as an online financial services firm.

Like the postal service, the internet exchanges

communications between people. But it exchang-es them much faster and more efficiently than the postal service.

Like a financial services company, the blockchain exchanges value between people. But it exchanges value much faster and more efficiently than a bank.

Today, we can instantly send text, voice, and vid-eo messages to anyone around the world with just a click of a button.

Soon, you’ll be able to exchange almost anything of value online as well – like a stock certificate, land deed, or even a car title – with just the click of a button.

So just like how the internet revolutionized how we exchange communications… the blockchain will revolutionize how we exchange value.

That’s why the World Economic Forum has pro-jected blockchain will store 10% of the world’s GDP by 2027. That’s $8.6 trillion.

And it’s not alone. Deutsche Bank also forecasts that by 2027, blockchain systems will record transactions for about 10% of global GDP.

Meanwhile, global investment bank RBC Capi-tal Markets estimates the blockchain ecosystem could be worth up to $10 trillion within the next 10 to 15 years.

So blockchain-based systems will impact busi-nesses and our lives more than the internet does today.

This is going to lead to a flood of institutional money heading into this space.

And just as investors got rich off the internet during the tech boom of the ’90s… the same opportunity is before us today with bitcoin and blockchain technology.

But time is running out to take advantage…

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Crypto Adoption Is About to Take Off

My historical research of tech-nology adoption tells me we’re now at a critical juncture for bitcoin, other cryptos, and the blockchain technology that underpins them.

Essentially, we’re now moving from the early adopter phase to the mass adoption phase.

Today, only about 15% of the U.S. population owns bitcoin.

And according to S-curve analysis, the amount of time it takes for most new tech to get embraced by 10% of the population is roughly the same amount of time it takes to go from 10% to 90%.

This principle has been consis-tent across various trends and time periods – from the mi-crowave to cell phones to the internet.

You can visualize it as an S-shaped curve, shown in the first chart above...

S-Curve analysis explores the adoption path of new technologies. It shows the time it takes for new technology to go from 0% to 10% adoption is the same time it takes it to go from 10% to 90% adoption.

You can see what I’m talking about in the second chart above, which shows the S-curve for various other technologies…

New technologies, such as bitcoin, can be valued

by the “network effect.” What this means is that adding new users to a network results in expo-nential gains in its value.

Think about computers. Apple invented the personal computer (PC) in 1976. In 1980, about one-tenth of 1% of households owned a PC.

So, let’s use 1980 as the start of the PC revolution. By 1990, 10% of households owned PCs. And in 2000, 90% of households had a PC. So it took 10 years to go from 0% to 10% adoption, and 10 years to go from 10% to 90% adoption.

Source: Off the Chain Capital

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If you invested in the 10–90% area, you invested in companies like Dell, Microsoft, Intel, etc. From 1990–2000, Dell was up 101,240%… Microsoft was up 9,510%… and Intel was up 6,602%. Early S-curve investors made a lot of money.

Bitcoin is on the same path…

Let’s go back to 2016. Investors who took my ad-vice to buy bitcoin then made life-changing gains. They turned $500 into over $21,000... and $1,000 into over $43,000... gains of more than 4,000%. And all occurred in the “too early” stage when only about 10% of households owned the currency.

And while it recently hit all-time highs, I predict we’re about to see bitcoin go even higher…

My No. 1 Way to Play the Tech Boom

If cryptos and its underlying blockchain technol-ogy follow the same S-curve pattern – and we believe they will – you could see an exponential increase in adoption rates over the next decade.

In fact, it’s already happening.

We’re seeing increased adoption of crypto assets by everyone from traditional finance companies and hedge funds to small retail investors.

In August 2020, business intelligence company Microstrategy became the first non-crypto-centric company to buy bitcoin to hold on its balance sheet. Since then, the company has purchased a total of 90,531 bitcoins, worth around $5.1 billion today.

Meanwhile, MassMutual Life Insurance, a 169-year-old company, has purchased $100 mil-lion worth of bitcoin.

And hedge funds like Skybridge Capital and Ruffer Investment have bought $310 million and $745 million worth of bitcoin, respectively.

BlackRock, the world’s largest asset manager with $8.7 trillion under management, gave two

of its funds the go-ahead to start trading bitcoin futures. And recently, global payment processing giant Visa announced First Boulevard Bank will be the first bank to test Visa’s new suite of crypto APIs, which will enable the bank’s customers to purchase bitcoin.

All these Wall Street institutions joining the fray are opening up access to bitcoin for retail investors.

The first bitcoin exchange-traded fund (ETF) in North America began trading recently on the To-ronto Stock Exchange. Within two days, the fund collected $422 million in assets under manage-ment, and it hit over $590 million in about a week.

It’s only a matter of time before we see a bitcoin ETF in the United States… And the inflows will make the biblical flood look like a puddle.

And it doesn’t stop there…

The CME, the CBOE, and the Intercontinental Exchange (owner of the NYSE) have all approved bitcoin-trading products.

Plus, as you may know, payments processing giant PayPal launched a service allowing its 346 million customers to buy, hold, and sell crypto directly from their PayPal accounts. This is huge.

As an early-stage technology, crypto is harder to buy, sell, and trade than traditional financial products. PayPal’s solution makes buying crypto as simple as buying stocks. With one click, you can now own a portfolio of crypto assets.

Just imagine what’s going to happen as nearly 350 million new people get easy access to bit-coin… The floodgates will open.

It’s very similar to 1995… when Netscape took off and brought the internet to millions of new users.

So if bitcoin and blockchain’s growth trajectory is akin to that of the internet, cell phone, and micro-

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wave, then we’re now entering the early innings of explosive mass adoption.

That means the gains we’ve seen thus far are only the beginning.

If anything, past trends suggest the biggest gains are typically made right after the early adopter phase ends… which is exactly where we are today.

I believe blockchain tech will have a greater im-pact on everyday life than the internet does today. It’ll touch nearly everything we do. And it will ignite a new tech boom as more people realize its revolutionary power.

As one of the first examples of blockchain tech in action, bitcoin is my No. 1 way to play this coming tech boom. And I predict it has much higher to go as this movement takes off.

And I’m not the only one. One Citibank analyst predicted bitcoin could pass $300,000 by De-cember of this year.

So if you haven’t bought into this trend yet, it’s not too late. But don’t wait. Add some exposure right away.

My team and I have put together the resources you need to get started in our Crypto Master Course. It breaks down everything you need to know to get started in crypto, including how to buy and store bitcoin. You can access it right here.

Action to Take: Buy bitcoin (BTC). Buy-up-to Price: See the portfolio page here. Position Size: Up to 10% Buy It On: Coinbase, Abra, Gemini Store It On: Jaxx, Abra, Blockchain, Ledger hardware wallet

Important Note: Crypto can be extremely volatile. If bitcoin is above our buy-up-to price when you read this, don’t chase it high-er. We understand this can be frustrating. But don’t worry. This is par for the course in the cryptocurrency space. Most of the time, the recommendation falls back below our buy-up-to price. Just be patient, use a limit order, and let the price come to you.