Palm Beach Confidential Newsletter

These smaller, more speculative cryptos are crushing bitcoin’s gains. Altcoins Are Performing Better Than Bitcoin

The opportunity in crypto is bigger than anything you can ever imagine. So it’s crucial to position yourselves now. So far this year, bitcoin is up around 60% while gold and stocks are up 36% and 2.5%, respectively.

Teeka Tiwari’s America Reborn is a new presentation by Teeka Tiwari where he shares his favorite blockchain stocks and Teeka’s number one investment that could create 818,236 new millionaires.

Right now, about 30­–35 million people own crypto. PayPal alone will make bitcoin available to 325 million people. That’s nearly 10 times the current market for bitcoin.

A minor change in the Bitcoin block size won’t move the needle much on transaction capacity. An enormous change would be needed. But doing that would cause some serious problems.

We believe every investor should allocate some of their portfolio to alternative assets – like bitcoin. So today, I’ll show you the evidence that smart money and smart people are heading into the crypto space – and why you should follow what they’re doing.

Since the May 2020 halving, bitcoin has generally traded between $9,000 and $10,000. From a technical perspective, when bitcoin breaks resistance… it’ll head back to $12,000–16,000 right away. After a brief period of consolidation, it’ll march to $20,000, probably sell off back to $16,000… and from there, it will head up into new all-time highs.

What we’re seeing in bitcoin today is similar to what I saw in 2016. After the 2016 halving, we saw a nice run-up in bitcoin – only to see it just drift along for months. The same thing is happening today.

Teeka Tiwari always maintained that bitcoin is one of the best hedges against chaos in the traditional financial world. And so far, it’s proving true. Year-to-date, bitcoin is up nearly 30%. That’s more than gold, which has rallied 19%. And it crushes the S&P 500’s return, which is down over 3% this year.

Many investors don’t know this but… bitcoin is the top-performing asset class in eight of the last 10 calendar years. And its best year during this time frame was 2013, hands down – soaring 5,866%…