When will the cryptocurrency market pick up again?
It’s easy. When business investors direct even a small part of their trillions to cryptographic markets.
But before UCITS, hedge funds and hedge funds recognize cryptocurrencies as equivalent to other asset classes, they want to look carefully at the cryptocurrency market.
Investing in cryptocurrency equities helps them gain that clarity.
I am talking about companies that produce basic tools – bright and shovels – so to speak – for the blockchain, the technology that underpins cryptocurrencies.
Originally designed for Bitcoin, the blockchain is the backbone of the “new” Internet used to store digital information in public databases.
It turns out that there are thousands, maybe even millions of applications for a blockchain. I believe this is where the biggest cryptographic gains come from.
And guess what? For the first time, an old and large business investor has decided to invest significantly in a blockchain.
Morgan Creek, run by my friend Mark Yusko, is one of the most successful business investors in the country. They have raised $ 40 million for a blockchain-centric venture capital fund.
It is not this $ 40 million – hardly pocket money for the business world – that makes it significant, but:
Remember that pension funds are very conservative in nature. After all, they are responsible for securing the retirement age of their fund members.
In other words, people do not gamble with pension money.
The Morgan Creek Blockchain Opportunity Fund is therefore important for two reasons: it is an alloy of traditional venture capital and cryptocurrency / blockchain; and I also believe that it will open the door to a flood of big business investment.
“Over time, investors will get to know and get used to digital assets better. As crypts get used to them, they will start investing more in them,” said Anthony Pompliano of Morgan Creek.
Where will these hoped-for coins be invested?
Where Morgan Creek invests:
At least 85% of the Morgan Creek Blockchain Opportunities Fund must be invested in blockchain technology companies.
These happen to be the same type of stock that I recommend in my Weiss Crypto Investor service. If you want to catch up with the surge in business money, I suggest you consider a risk-free trial of my newsletter. I believe you will be very pleased with the results.
If you are more of an investor in exchange traded funds (ETFs) and want to be part of the wider blockchain industry, take a look at them:
Don’t worry about the word “block chain” not appearing in the names of the ETFs listed above. The US Securities and Exchange Commission has banned ETFs from using the block chain in their name.
Honestly, the BLOK is an active recommendation in our Weiss Rating Crypto Investor (ENG) newsletter. Compared to the same period last year, it has risen by 20.8%, and I believe that this rise will continue for quite some time to come.
No matter what you prefer – individual stocks or ETFs – you are talking about profits that you can live in peace for the rest of your life. You have the opportunity to draw a royal flush from the pack … so join us .
Best wishes,
Tony Sagami
Translation: Lucreds Plus OÜ