It’s been two years since the crypto bear market set in.
Since then, Bitcoin, Ethereum, and thousands of smaller coins are down 90% or more.
But this market has stabilized lately, and many are predicting that 2020 will be a turning point to the upside.
On the other hand, many are saying that coins like Bitcoin will soon trade down to zero.
Who’s right? Today, I’ll try to get to the truth…
Then I’ll share a simple strategy you can use to profit — regardless of which direction the overall crypto market heads.
Bitcoin (BTC) has had a strong start this year.
On January 1st, it was trading for just over $7,100. It now sits at $8,687.
That’s a 21% gain in just two weeks.
Many smaller cryptos have posted similar returns.
Can these gains last?
Plenty of analysts think so…
Bitcoin Set to DOUBLE in May
For instance, the experts at CFO Magazine point to an event in May that could cause Bitcoin’s price to double.
It’s called “The Halvening.” Essentially, Bitcoin is changing the reward it offers “bitcoin miners.” The reward is getting cut in half.
The last two times this took place, the price of bitcoin doubled.
So if you believe history repeats itself, you could potentially double your money in 2020.
Bitcoin Goes to $250,000!?
Earning a 100% profit in a few months would be great.
But some crypto bulls think investors could see far bigger gains than that.
Take Tim Draper, for example. Draper is one of the world’s most successful tech investors.
He became a billionaire by backing many of the cutting-edge companies of our generation — from Hotmail and Skype, to Elon Musk’s Tesla (TSLA).
Nowadays, he’s a “Bitcoin Bull.” His 2020 price target for Bitcoin is $250,000 per coin!
Based on today’s prices, that would be a gain of 2,777%...
That’s enough to turn every $10,000 into more than a quarter of a million dollars.
But for every trader buying cryptos, there’s another trader selling them.
The most vocal critics believe cryptos are a pyramid scheme and will go to zero.
More rational crypto bears simply believe there aren’t enough catalysts to push prices higher right now. That’s why they’re predicting Bitcoin will either tread water this year, or fall back to its January 2019 low of $3,500.
For those who get in today, that would mean a loss of 60%.
So — Who’s Right?
I wish I could tell you who’s right and who’s wrong…
Unfortunately, my “crystal ball” that predicts the future seems to be broken.
More seriously, as professional investors, we avoid making short-term predictions like this. Instead, we aim to find investments that will perform well for us regardless of what the market does.
And when it comes to the crypto market, we’ve identified a way to do exactly that…
Make Money in Any Market
When it comes to the recommendations we provide our subscribers (and what we do with our personal investments), we don’t care where the crypto market goes.
It could go up, down, or sideways… and we’ll still be in position to earn great returns.
That’s because our investment strategy allows us to make money whether crypto prices are going up, or whether they’re headed straight down.
For example, take a look at this chart for Ethereum (ETH):
Two years ago, Ethereum was trading for roughly $1,400. Today it sits at $160. So investors who got in in 2018 lost about 90% of their investment.
Meanwhile, a small group of crypto insiders are sitting on a massive profit from their Ethereum — simply by using the strategy I mentioned a moment ago.
While the rest of the market lost 90%, this group of insiders is sitting on a gain of more than 37,000%.
That’s enough to turn a $1,000 investment into a windfall of $370,000.
Get in on this Strategy
If you’re a member of our Crypto Insider service, you already have access to this strategy.
However, if you’re not a member, you can click here to sign up for our “waitlist,” as membership is currently closed.
Or, if you’d like to get an update on waitlist status and hear about spots as they open, you can call our VIP Member Services department at 1-844-311-3191… or you can click here to schedule an appointment with a VIP Member Representative »
But whatever you do, remember: trying to make short-term predictions about a volatile market is a fool’s errand.
Look for investments that allow you to win… no matter where the overall market goes.