If you know anything about cryptocurrency, it’s probably that most established investors don’t trust it.
When moguls like Warren Buffett say crypto is a scam, you tend to believe them.
But crypto is just another diamond in the rough Wall Street hot shots want to keep for themselves.
Lucky for you, the marketplace to get in on the crypto riches is NOW OPEN for business.
Why are you waiting to cash out?
Because crypto is such a hot topic, there’s usually chaos surrounding it.
You can’t really get to the meat of the discussion because everyone is either backing it up or tearing it down.
What you need is a quiet voice to whisper in your ear whether crypto holds water or not.
Thankfully, that’s where I come in.
Whether you fully understand cryptocurrency or not, it’s coming, and our analysts predict it’s going to change money and investing as we know it.
While we’re not yet at the point where you buy your groceries with cryptocurrency (although some programs may allow you to), crypto is becoming more and more common.
In order to make sure the bandwagon doesn’t leave without us (imagine how you’d feel if you’d passed up on Amazon in the 1990s), we have to follow how crypto is turning into the new normal.
We’ve discussed it in this column before, but one big thing that’s going to move crypto from the outskirts to the heart of investing is Wall Street itself.
Even investing rookies know that big time traders aren’t usually keen on switching up the status quo.
Sure, they’ll take risks on groundbreaking companies and new technology, but when it comes to shaking up the way their day-to-day operates, they’re more stubborn than you might think.
The way success on Wall Street works is often explained in terms of the elevator model.
You’ve heard the phrase, “get in on the ground floor,” right?
It follows the cyclical ups and downs of the stock market. The way people trade follows the same pattern as fads and trends rise up and die down.
The person who gets in at the dip of the trend is the one riding it to the top and making all the cash.
That’s where your crypto riches come from.
Right now, we’re calling it.
Cryptocurrency is at the ground floor.
And the Intercontinental Stock Exchange just gave you an invitation to get on.
They’ve opened something called Bakkt, a regulated, physically settled, institutionally focused futures market for crypto.
Bakkt allows you to trade on whether the cryptocurrency market as a whole is going to go up or go down.
While it’s not the entire integration of cryptocurrency into the daily operations of the stock market, it’s a start.
And it gives you a chance to make money on the early stages of crypto in the normal market.
Just think about if you’d gotten the chance to bet on Amazon before it became the retail/tech/lifestyle giant it is today.
You’d have riches beyond belief.
That’s exactly what you have the chance at right now.
Trading these new crypto futures not only allows you to make money now, but also lets you get in on the ground floor on one of the biggest cash cows of our generation.