“With supply dwindling (the fourth halving) and demand increasing (new ETFs and global demand), this seems like the right time to buy bitcoin.”
I shared that insight with you back in November.
Since then, bitcoin (BTC) has gone up 108% … from $35,000 to $73,000.
That’s
The reward for running bitcoin miners and verifying transactions on the network will be cut in half.
Every ten minutes, only 3.125 bitcoin will be issued, down from 6.25 right now … and already down over 90% from the 50 issued between 2009 and 2012.
Remember, only 21 million BTC will ever be issued.
About 93% of all BTC has already been mined.
So we’re talking about an asset with an absolute finite supply and an unlimited demand.
Millions of people around the globe crave it compared to their fiat currency, which the government can produce willy-nilly (and has done so, which is why many countries consistently see annual inflation over 10%).
Increasing demand + diminishing supply = a big rally.
It’s Economics 101.
This is the central reason experts are making very, very big predictions for bitcoin … $1 million, $10 million and even $1 billion.
I think those predictions are outlandish, but … even if they are half right, bitcoin still has a long way to go.
I still own bitcoin and continue to urge you to have some money in it as well.
Bigger Than Bitcoin?
Ian King recently stated that bitcoin will very likely hit $100,000 within the next month.
(His long-term predictions are higher, but … not $1 billion high!)
However, Ian also says another group of cryptocurrencies could see even bigger gains.
Why?
Well, history.
For example, during the 2016 halving, bitcoin’s price rose by 263%.
But the entire crypto market went up 4,872%.
This was driven by a handful of coins that went up 3,000% … 5,000% … even 10,000% or more.
So Ian studied this halving to figure out why these specific coins surged. And sure enough, he found a pattern.
In 2020, after the bitcoin halving, he put this pattern to the test.
History repeated itself, and bitcoin soared 561% in the year.
However, the entire crypto market went up 1,743% at the same time. Again, that was driven by a handful of coins.
This was when Ian was able to help investors score some truly amazing gains.
On May 4, 2020, for example, Ian recommended Binance (BNB), at just $17 per coin.
Less than a year later, on February 18, he sold the position for about $200. A gain of 1,061%. That’s a 10X gain in just one year.
Here’s a snapshot of that gain…
In December of 2020, he recommended Solana (SOL). It was the faster version of Ethereum (ETH).
It was trading for under $2.00! Just five months later, he sold half the position for over $34. That’s a gain of 1,900%…
The other half has gone up as high as … 15,000% … 150-fold.
Ian recommended Terra (LUNA) the same month, at just $0.48. A mere $0.48!
Four months later, he recommended selling half the position for over $19, a profit of 3,981%.
And then he sold the last half in December of 2021, just one year after he bought it, for $89. That’s a gain of 18,325%.
That last investment is genuinely remarkable.
We have letters from people who made a lot of money with that one trade.
A guy named Charles invested $835 and made a profit of $54,000.
Edward turned $1,336 into $150,000.
And Linda turned $500 into $42,300.
If you want to make these kinds of gains in the crypto market, you need to know the risks and the rewards.
That’s why tomorrow, at 1:00 p.m., Ian is holding a special presentation revealing details about the bitcoin halving and what he’s investing in.
I have reserved a FREE seat in your name. Just go here to claim it.
Whether you’re a crypto fan or skeptic, this is some must-watch research.
Please, do your future self a favor and reserve your spot now.
Go here to sign up now.
Aaron James
CEO, Banyan Hill, Money & Markets
Go to Source
Author: coinmaker
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