In 2018, This Will Be Better Than Bitcoin

Michael A. RobinsonMichael A. Robinson

I’ve been doing the Christmas party rounds over the past few weeks, and at every single one I’ve had this same conversation.

Someone asks me about Bitcoin.

I explain what it is… how it works… why it’s run up 1,500% this year alone… the works.

Then I brag a little.

As the crowd of “Bitcoin curious” gathers, I tell them how I began talking with my Nova-X Report members about how big Bitcoin was going to become way back in early 2013. At the time, the encrypted digital currency was trading for roughly $100. By the end of the year, the price had topped $1,200 – for a 1,100% gain in just a few months.

As I write this Wednesday morning, Bitcoin stands at around 170 times what I recommended it at, meaning those followers of mine have stacked up gains of around 16,900%.

I tell them they’d be hard pressed to find a bigger Bitcoin bull than me. And I tell them to use their best judgment to take some profits – but to hold onto a good chunk of their Bitcoin. (I’ll tell you why in an upcoming report here.)

Then I tell them not to buy any more – at least not right now.

Here’s the thing. At least two Wall Street outfits are setting up Bitcoin futures markets.

And that means hedge funds, short sellers, and other assorted bad actors are getting unleashed on the Bitcoin market.

Plus, Bitcoin owners have seen the value of their holdings swing by $1,000 or more over the last few weeks. I don’t want any rookie investors walking into that kind of volatility.

However, as we enter 2018, there’s another digital currency out there that offers investors much less volatility andmuch more upside.

With everyone from your broker and golf partner to your barber and dentist talking about Bitcoin, you may have completely missed the fact that this crytpo coin has tripled Bitcoin’s gains so far this year.

It costs a lot less than Bitcoin.

Thanks to its high-level security protocols, it has far more utility to investors, banks, and tech companies.

And it’s set up to continue delivering huge profits in 2018.

Check it out…

Bleak Futures

I still remember, back in June 2013, taping a special report recommending what was then a brand-new form of money.

For that special report, I spoke with a number of leaders and CEOs in the Bitcoin sector. At the time, Bitcoin was trading at $90.

That was a great time to invest.

In 2017, the price went from $1,073 to a peak of roughly $17,825 for a one-year profit of 1,561% – so about a year ago was also a prime opportunity.

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But I’m telling retail investors to not buy new Bitcoin at this moment. That’s because the crooks on Wall Street are, virtually as I type this, getting into Bitcoin in a big way.

On Dec. 10, trading in U.S. Bitcoin futures began on an exchange run by CBOE Global Markets Inc. Rival CME Group Inc. just brought its futures product to market, and I expect other players to do so as well.

This is a big vote of confidence for Bitcoin and cryptocurrencies in general. But it also means some very rich, very cutthroat people can start shorting Bitcoin and really moving its price in whatever direction they want.

Fact is, the big-money traders on Wall Street have the most advanced tools money can buy – artificial intelligence, Big Data, supercomputers, you name it. With that kind of technology, they can make money on every single tick up or down. Meanwhile, rookie Bitcoin investors won’t have time to respond to the chaos they’re creating.

I can practically guarantee that, after such a massive run in 2017, dedicated, professional short sellers are entering the Bitcoin market and trying to drive the price down. They’ll make money on the decline and on the rebound.

New Bitcoin buyers will be left holding the bag.

I know what many of you are thinking…

Futures trading has existed on the stock market for decades, and you’re doing alright there. But this is new – and so I believe all kinds of “mistakes,” like a sudden flash crash, are likely in the first few months of Bitcoin futures trading.

That said, I’m not suggesting you cover your head and hunker down.

If you’re a longtime Bitcoin investor, you’re still going to see huge gains from here. John McAfee, for one, thinks it’s headed toward $1 million.

It’s just that now – as we head into 2018 – is not the moment to start making new Bitcoin buys.

However, 2018 is the time to invest in one of Bitcoin’s top rivals.

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Michael A. RobinsonMichael A. Robinson

About the Author

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Michael A. Robinson is one of the top financial analysts working today. His book “Overdrawn: The Bailout of American Savings” was a prescient look at the anatomy of the nation’s S&L crisis, long before the word “bailout” became part of our daily lexicon. He’s a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies ones that have the power to sweep across the globe and change the very fabric of our lives and profit opportunities they give rise to. He also explores “what’s next” in the tech investing world at Strategic Tech Investor.

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