• 6 hours Vigilante Offers $100,000 Bounty To Hack Banks
  • 24 hours The Dairy Industry Is Dying
  • 1 day The Most Impressive Electric Vehicle Of The Year
  • 2 days Gold Miners Are Having A Stellar Second Half
  • 3 days How 3D Printing Is Turning Each And Every Industry On Its Head
  • 3 days Is The $3.5 Trillion Healthcare Industry About To Get Much More Transparent?
  • 4 days Gamblers Are Betting Big On Trump’s Impeachment
  • 4 days Even Banks Can't Answer Aramco's Trillion Dollar Question
  • 5 days Will Bezos Buy The Seattle Seahawks?
  • 5 days 6 Tech Trends Transforming The Travel Industry
  • 6 days Ousted Uber CEO Cashes Out $500 Million In Stock
  • 6 days Trump Prepares For Another Key Tariff Decision
  • 6 days The Free Money Bubble Is About To Burst
  • 7 days The Crushing Reality Of Poverty In America
  • 7 days Should You Buy Into The World’s Largest IPO?
  • 7 days The Infinite Possibilities Of Cosmic Energy
  • 8 days Analysts Link Walking To Economic Growth
  • 9 days Will Japan Turn Its Back On The Aramco IPO?
  • 10 days Global Debt Soars To $188 Trillion
  • 10 days The World's Largest Gold Miners Are Getting Creative
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Ross Pilot

Ross Pilot

www.newcurrencyfrontier.com

Ross Pilot has been working in the investment research publishing field since 2010, as partner in two successful financial publications that quite frankly have made…

Contact Author

  1. Home
  2. Markets
  3. Other

What You Should Be Investing In…RIGHT NOW

I am getting email from readers just starting to dip their toe into crypto-currency investing. They are picking blockchain companies off the public market listings and asking “Do you like this one?”

Most of the time (surprisingly), I say no.

This is what you should be investing in RIGHT NOW.

Deals that have exposure to the Big Three Coins: Bitcoin, Ethereum and Dash.

Look, make it easy on yourself. There are a lot of blockchain deals where it’s hard to understand what the company is actually doing. I mean, they have a group of developers, they are working on some sort of product, they mention blockchain a lot and….

I don’t know.

Just keep it simple. Ask yourself, is this company doing something with Bitcoin, Ethereum or Dash. Is it a B.E.D. company?

It’s surprising to see how many blockchain companies have NOTHING to do with Bitcoin, Ethereum or Dash. Their story is that they are building a private blockchain for some industry niche or market segment.

Okay that’s fine. But you are not getting any exposure to B.E.D. appreciation. And that’s bad.

If it’s a B.E.D. company, you just can’t lose. Let me explain.

Bitcoin is the choice of investors

As I am writing this, Bitcoin just hit $10,000 USD on the Korean exchanges. It’s more than doubled in the last 3 months. It’s up more than 1000% in the last year. It’s regarded as currency in Japan. Bitcoin exchanges all over the world are opening on a daily basis.

One American exchange alone, Coinbase, added 100,000 Bitcoin wallets over American Thanksgiving weekend.

Bitcoin is in the classic spiral upward of the “network effect.” The people use it, the more valuable it becomes. The more valuable it becomes; the more people open up exchange accounts or create a Bitcoin wallet.

When will it end? One day. But not today or tomorrow. Not for a long time yet. Because the big institutional money is gearing up to get in. The hedge funds, the investments banks, and the futures exchanges all want a slice of the action. After THOSE guys have gotten in, then maybe you should think about getting out. But not before.

Ethereum is the choice of Developers

Ethereum is at $475 USD today. It is up more than 4000% this year. In the last month, it’s up more than 50%.

Ethereum is more than a digital coin. The Ether network has the capacity to mimic every financial instrument known to man. You can issue IPOs off the Ethereum network (except they are called ICOs). You can run a stock exchange off the network (it’s coming). You can issue bonds through the network (that’s coming too).

All that is missing is enough developers with the skill-set to build these applications. And the fix for that problem is just time. It won’t happen overnight. It will take years. But with every application build on the Ethereum network, the value of the Ether token will increase.

Finally, Dash is choice for Techies

It can a few hours for a transaction in Bitcoin to be fully completed. It can 15 minutes to an hour for transactions to be completed in Ethereum.

With Dash, it can take only 15 seconds.

Dash was built for speed and is rapidly becoming the choice of the tech crowd that just want a digital coin to process transactions.

The price of Dash hit $635 today. (Ethereum is still the #2 coin as there are more coins in circulation with a market cap of $65 billon, even though the per-coin price is lower).

It’s up more than 100% in the last month. It’s up more than 6000% in the last year. But it only has a market cap of under $6 billion US. It still has lots of room to run.

Conclusion

The value of all the Bitcoin in the world is $162 billion. The value of all the gold in the world is $7.8 trillion dollars.

When Bitcoin is worth 10% of all the gold in the world ($780 billion), I might consider starting to worry about the price.

Ethereum is worth $46 billion and Dash is worth less than $6 billion. They are just starting out.

You need exposure to B.E.D. Whether you buy the coins directly or invest in companies that have B.E.D. exposure, that’s is what you should be investing in… right now.

By Ross Pilot via The New Currency Frontier

Back to homepage

Leave a comment

Leave a comment