Bitcoin Just Set a New Record High – Will Altcoins be Next?

Bitcoin Just Set a New Record High – Will Altcoins be Next?

One of the most important things I’ve learned about investing is that if you can get the long-term adoption trend right, you don’t need perfect timing.

For instance, back in the early 2000s, I knew the iPod personal music player would be an unstoppable trend.

So even when my position in Apple dropped more than 30%, I didn’t sweat it because I knew the strength of the long-term trend would bail out my bad timing.

And it did.

Apple has rocketed 114,437% higher from its lows in 2003, off the massive wave of consumers adopting its iPod – and later the iPhone. That’s enough to turn every $1,000 into $1.15 million.

In 2016, it was clear to me that cryptocurrency was the next massive financial trend. That’s why I recommended bitcoin at $400 and change and Ethereum at $9.

Since then, bitcoin is up 26,567% and Ethereum 27,988%. Over that span, though, bitcoin has seen eight drops of 30% or more, and Ethereum 11 drops.

Despite its massive rise, I haven’t gotten the timing right on every bitcoin call I’ve made over the years. But as you can see, I’ve been spot on when it comes to the long-term trend.

Here’s why I’m telling you this…

On very rare occasions, you can get both the trend and timing right on an investment idea.

And on those rare occasions, you see parabolic moves higher in asset prices in days or weeks instead of years or decades.

I believe we just saw the window to one of those rare opportunities open this past Wednesday. And if you wait to act, it will close just as fast…

When You Get the Trend and Timing Right