SlideShare a Scribd company logo
1 of 14
Download to read offline
KEY POINTS
●The recent slump in
cryptocurrencies may not last for
long.
●Bitcoin is emerging as a viable
alternative asset on Wall Street.
●Ethereum has lost some market
share to rivals, but it’s still in a
commanding position in the
fast-growing NFT market.
The most popular cryptocurrencies
offer the best risk-adjusted return.
Leading cryptocurrencies exploded in
value from the beginning of 2020
through the first half of 2021. Bitcoin
( BTC 4.50% ) and Ethereum (
ETH 4.42% ) have climbed 918% and
1,940%, respectively, over the last three
years, but they have cooled off along
with the stock market in recent
months.
Growing interest from institutional
investors and the high volume of
transactions that Bitcoin and Ethereum
are handling every day means these
cryptos could reach new highs. Here’s
why the top two cryptocurrencies could
double your money.
1. Bitcoin
Bitcoin is down 30% over the last year.
At its peak price, Bitcoin had a market
cap of slightly over $1.2 trillion. Its
market value is now $774 billion, or
42% of the value of all
cryptocurrencies, so a lot of money
needs to move back into Bitcoin for it
to return to its previous high
watermark — and exceed it — in order
to double from its current level.
But I believe that’s very doable. Despite
Bitcoin’s correlation with the stock
market recently, it’s increasingly being
used as an alternative asset like gold.
Wall Street banks are starting to
expand their coverage of Bitcoin, which
signals cryptocurrency is here to stay.
It’s estimated that 140 million people
own some Bitcoin. That far outstrips
the current supply of 18.99 million
coins, with the max supply set at 21
million. The high interest in Bitcoin
coupled with a fixed supply provides a
natural catalyst for higher prices over
time.
Of course, it’s impossible to pinpoint
when Bitcoin will return to its previous
high and double in value. But consider
there’s more than $10 trillion of global
wealth sitting in gold. As Wall Street
banks expand coverage, that will only
help more alternative assets shift to
“digital gold” and lift the price of
Bitcoin with higher demand.
2. Ethereum
While Bitcoin appeals to investors for
its gold-like fixed supply, Ethereum is
attractive for its growing utility value.
It’s a community-run blockchain that
lets people without access to banks
borrow money, send payments, and
play games. It also supports the
growing market for tokenized art
collectibles, or non-fungible tokens
(NFTs).
The growth of the NFT market — the
fastest-growing space within the digital
economy — explains Ethereum’s sharp
rise over the last few years. Since the
end of 2020, Ethereum is up 292%
compared to Bitcoin’s return of 40%.
The NFT market is expected to reach
$80 billion in value by 2025, according
to Jefferies, or more than double the
estimate of $35 billion for 2022.
The price of ETH hit an all-time high of
$4,867 in 2021, but it currently trades
at about $2,840. Some investors are
worried about increasing competition
in the NFT space from the Solana
blockchain, but Ethereum’s network
still commands an 80% share of the
NFT market.
Solana has an advantage with its lower
transaction fees, but Ethereum’s
upcoming upgrade to its platform could
help neutralize that advantage. If all
goes well with the upgrade, analysts
believe the price of ETH could reach
$4,000 to $8,000 near term.
Given Ethereum’s lead in the
fastest-growing space of the digital
economy, I would give it the benefit of
the doubt for now. But note that the
competition in the NFT market makes
ETH a higher-risk cryptocurrency to
buy right now than Bitcoin. I own some
Bitcoin and believe it’s the best way to
gain exposure to the cryptocurrency
market, simply because it’s the most
widely held and has mainstream
appeal. These factors provide a floor for
demand that should support a higher
price over the long term.
REVEALED…
Discover How to Make Huge Money
with Totally Automated Crypto
Trading Robots. Get Access Here…
3
4

More Related Content

Similar to 2 Cryptos That Can Double Your Money In 2022 And Beyond Guaranteed.pdf

Top 20 Cryptocurrencies Worth Checking Out In 2022.pdf
Top 20 Cryptocurrencies Worth Checking Out In 2022.pdfTop 20 Cryptocurrencies Worth Checking Out In 2022.pdf
Top 20 Cryptocurrencies Worth Checking Out In 2022.pdfCharles Sylvester
 
Bitcoin price today BTC to USD market cap.pdf
Bitcoin price today BTC to USD market cap.pdfBitcoin price today BTC to USD market cap.pdf
Bitcoin price today BTC to USD market cap.pdfFranck La Rocca
 
droomdroom-com-a-guide-to-bitcoin-dominance-.pdf
droomdroom-com-a-guide-to-bitcoin-dominance-.pdfdroomdroom-com-a-guide-to-bitcoin-dominance-.pdf
droomdroom-com-a-guide-to-bitcoin-dominance-.pdfDroom Droom
 
Will Bitcoin Become the First Monopoly in Global Decentralized Economy
Will Bitcoin Become the First Monopoly in Global Decentralized EconomyWill Bitcoin Become the First Monopoly in Global Decentralized Economy
Will Bitcoin Become the First Monopoly in Global Decentralized Economycoingabbar
 
Beyond Bitcoin – Cryptocurrencies and Altcoins to Watch in 2017
Beyond Bitcoin – Cryptocurrencies and Altcoins to Watch in 2017Beyond Bitcoin – Cryptocurrencies and Altcoins to Watch in 2017
Beyond Bitcoin – Cryptocurrencies and Altcoins to Watch in 2017Firoz Patel
 
Global Cryptocurrency Market Report by Ibinex
Global Cryptocurrency Market Report by IbinexGlobal Cryptocurrency Market Report by Ibinex
Global Cryptocurrency Market Report by IbinexIbinex
 
Bitcoin and Ethereum: Unveiling the Best Investments in the Cryptocurrency Ma...
Bitcoin and Ethereum: Unveiling the Best Investments in the Cryptocurrency Ma...Bitcoin and Ethereum: Unveiling the Best Investments in the Cryptocurrency Ma...
Bitcoin and Ethereum: Unveiling the Best Investments in the Cryptocurrency Ma...auroraaudrey4826
 
Crypto News_ Top Cryptocurrencies to Invest in 2023.pdf
Crypto News_ Top Cryptocurrencies to Invest in 2023.pdfCrypto News_ Top Cryptocurrencies to Invest in 2023.pdf
Crypto News_ Top Cryptocurrencies to Invest in 2023.pdfJacksonHawkins3
 
Will Bitcoin Become the First Monopoly in Global Decentralized Economy (2).pdf
Will Bitcoin Become the First Monopoly in Global Decentralized Economy (2).pdfWill Bitcoin Become the First Monopoly in Global Decentralized Economy (2).pdf
Will Bitcoin Become the First Monopoly in Global Decentralized Economy (2).pdfcoingabbar
 
Crypto Winter and NFTs
Crypto Winter and NFTsCrypto Winter and NFTs
Crypto Winter and NFTsInvestingTips
 
Bitcoin or ether - check out how to buy ethereum!
Bitcoin or ether - check out how to buy ethereum!Bitcoin or ether - check out how to buy ethereum!
Bitcoin or ether - check out how to buy ethereum!Bitcoin Wallet Canada
 
Why Is Bitcoin’s Market Share Growing?
Why Is Bitcoin’s Market Share Growing?Why Is Bitcoin’s Market Share Growing?
Why Is Bitcoin’s Market Share Growing?InvestingTips
 
BITCOIN PRICE LIKELY TO REACH $2000 AS MORE SERIOUS INVESTORS GET INVOLVED
BITCOIN PRICE LIKELY TO REACH $2000 AS MORE SERIOUS INVESTORS GET INVOLVEDBITCOIN PRICE LIKELY TO REACH $2000 AS MORE SERIOUS INVESTORS GET INVOLVED
BITCOIN PRICE LIKELY TO REACH $2000 AS MORE SERIOUS INVESTORS GET INVOLVEDSteven Rhyner
 
Untitled document.pdf
Untitled document.pdfUntitled document.pdf
Untitled document.pdfcryptonews3
 
Top 10 Cryptocurrencies in 2024: Unveiling the Future of Digital Assets
Top 10 Cryptocurrencies in 2024: Unveiling the Future of Digital AssetsTop 10 Cryptocurrencies in 2024: Unveiling the Future of Digital Assets
Top 10 Cryptocurrencies in 2024: Unveiling the Future of Digital AssetsUnTrade
 
BITCOIN: WHY IT NOW BELONGS IN EVERY PORTFOLIO
BITCOIN: WHY IT NOW BELONGS IN EVERY PORTFOLIOBITCOIN: WHY IT NOW BELONGS IN EVERY PORTFOLIO
BITCOIN: WHY IT NOW BELONGS IN EVERY PORTFOLIOSteven Rhyner
 

Similar to 2 Cryptos That Can Double Your Money In 2022 And Beyond Guaranteed.pdf (20)

Top 20 Cryptocurrencies Worth Checking Out In 2022.pdf
Top 20 Cryptocurrencies Worth Checking Out In 2022.pdfTop 20 Cryptocurrencies Worth Checking Out In 2022.pdf
Top 20 Cryptocurrencies Worth Checking Out In 2022.pdf
 
Bitcoin price today BTC to USD market cap.pdf
Bitcoin price today BTC to USD market cap.pdfBitcoin price today BTC to USD market cap.pdf
Bitcoin price today BTC to USD market cap.pdf
 
droomdroom-com-a-guide-to-bitcoin-dominance-.pdf
droomdroom-com-a-guide-to-bitcoin-dominance-.pdfdroomdroom-com-a-guide-to-bitcoin-dominance-.pdf
droomdroom-com-a-guide-to-bitcoin-dominance-.pdf
 
Will Bitcoin Become the First Monopoly in Global Decentralized Economy
Will Bitcoin Become the First Monopoly in Global Decentralized EconomyWill Bitcoin Become the First Monopoly in Global Decentralized Economy
Will Bitcoin Become the First Monopoly in Global Decentralized Economy
 
Beyond Bitcoin – Cryptocurrencies and Altcoins to Watch in 2017
Beyond Bitcoin – Cryptocurrencies and Altcoins to Watch in 2017Beyond Bitcoin – Cryptocurrencies and Altcoins to Watch in 2017
Beyond Bitcoin – Cryptocurrencies and Altcoins to Watch in 2017
 
Crypto036
Crypto036Crypto036
Crypto036
 
Global Cryptocurrency Market Report by Ibinex
Global Cryptocurrency Market Report by IbinexGlobal Cryptocurrency Market Report by Ibinex
Global Cryptocurrency Market Report by Ibinex
 
Bitcoin and Ethereum: Unveiling the Best Investments in the Cryptocurrency Ma...
Bitcoin and Ethereum: Unveiling the Best Investments in the Cryptocurrency Ma...Bitcoin and Ethereum: Unveiling the Best Investments in the Cryptocurrency Ma...
Bitcoin and Ethereum: Unveiling the Best Investments in the Cryptocurrency Ma...
 
Crypto.pdf
Crypto.pdfCrypto.pdf
Crypto.pdf
 
Crypto News_ Top Cryptocurrencies to Invest in 2023.pdf
Crypto News_ Top Cryptocurrencies to Invest in 2023.pdfCrypto News_ Top Cryptocurrencies to Invest in 2023.pdf
Crypto News_ Top Cryptocurrencies to Invest in 2023.pdf
 
Will Bitcoin Become the First Monopoly in Global Decentralized Economy (2).pdf
Will Bitcoin Become the First Monopoly in Global Decentralized Economy (2).pdfWill Bitcoin Become the First Monopoly in Global Decentralized Economy (2).pdf
Will Bitcoin Become the First Monopoly in Global Decentralized Economy (2).pdf
 
Crypto Winter and NFTs
Crypto Winter and NFTsCrypto Winter and NFTs
Crypto Winter and NFTs
 
Ammous Wharton Dec 4 2020.pptx
Ammous Wharton Dec 4 2020.pptxAmmous Wharton Dec 4 2020.pptx
Ammous Wharton Dec 4 2020.pptx
 
Bitcoin or ether - check out how to buy ethereum!
Bitcoin or ether - check out how to buy ethereum!Bitcoin or ether - check out how to buy ethereum!
Bitcoin or ether - check out how to buy ethereum!
 
Why Is Bitcoin’s Market Share Growing?
Why Is Bitcoin’s Market Share Growing?Why Is Bitcoin’s Market Share Growing?
Why Is Bitcoin’s Market Share Growing?
 
Cryptocurrency in real world
Cryptocurrency in real worldCryptocurrency in real world
Cryptocurrency in real world
 
BITCOIN PRICE LIKELY TO REACH $2000 AS MORE SERIOUS INVESTORS GET INVOLVED
BITCOIN PRICE LIKELY TO REACH $2000 AS MORE SERIOUS INVESTORS GET INVOLVEDBITCOIN PRICE LIKELY TO REACH $2000 AS MORE SERIOUS INVESTORS GET INVOLVED
BITCOIN PRICE LIKELY TO REACH $2000 AS MORE SERIOUS INVESTORS GET INVOLVED
 
Untitled document.pdf
Untitled document.pdfUntitled document.pdf
Untitled document.pdf
 
Top 10 Cryptocurrencies in 2024: Unveiling the Future of Digital Assets
Top 10 Cryptocurrencies in 2024: Unveiling the Future of Digital AssetsTop 10 Cryptocurrencies in 2024: Unveiling the Future of Digital Assets
Top 10 Cryptocurrencies in 2024: Unveiling the Future of Digital Assets
 
BITCOIN: WHY IT NOW BELONGS IN EVERY PORTFOLIO
BITCOIN: WHY IT NOW BELONGS IN EVERY PORTFOLIOBITCOIN: WHY IT NOW BELONGS IN EVERY PORTFOLIO
BITCOIN: WHY IT NOW BELONGS IN EVERY PORTFOLIO
 

Recently uploaded

Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsMaria Levchenko
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersThousandEyes
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxMalak Abu Hammad
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationRadu Cotescu
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)Gabriella Davis
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxOnBoard
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...gurkirankumar98700
 
GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationMichael W. Hawkins
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonAnna Loughnan Colquhoun
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Drew Madelung
 
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slidespraypatel2
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonetsnaman860154
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesSinan KOZAK
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking MenDelhi Call girls
 

Recently uploaded (20)

Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptx
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
 
GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day Presentation
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slides
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen Frames
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 

2 Cryptos That Can Double Your Money In 2022 And Beyond Guaranteed.pdf

  • 1. KEY POINTS ●The recent slump in cryptocurrencies may not last for long. ●Bitcoin is emerging as a viable alternative asset on Wall Street.
  • 2. ●Ethereum has lost some market share to rivals, but it’s still in a commanding position in the fast-growing NFT market. The most popular cryptocurrencies offer the best risk-adjusted return. Leading cryptocurrencies exploded in value from the beginning of 2020 through the first half of 2021. Bitcoin ( BTC 4.50% ) and Ethereum ( ETH 4.42% ) have climbed 918% and
  • 3. 1,940%, respectively, over the last three years, but they have cooled off along with the stock market in recent months. Growing interest from institutional investors and the high volume of transactions that Bitcoin and Ethereum are handling every day means these cryptos could reach new highs. Here’s
  • 4. why the top two cryptocurrencies could double your money. 1. Bitcoin Bitcoin is down 30% over the last year. At its peak price, Bitcoin had a market
  • 5. cap of slightly over $1.2 trillion. Its market value is now $774 billion, or 42% of the value of all cryptocurrencies, so a lot of money needs to move back into Bitcoin for it to return to its previous high watermark — and exceed it — in order to double from its current level. But I believe that’s very doable. Despite Bitcoin’s correlation with the stock
  • 6. market recently, it’s increasingly being used as an alternative asset like gold. Wall Street banks are starting to expand their coverage of Bitcoin, which signals cryptocurrency is here to stay. It’s estimated that 140 million people own some Bitcoin. That far outstrips the current supply of 18.99 million coins, with the max supply set at 21 million. The high interest in Bitcoin
  • 7. coupled with a fixed supply provides a natural catalyst for higher prices over time. Of course, it’s impossible to pinpoint when Bitcoin will return to its previous high and double in value. But consider there’s more than $10 trillion of global wealth sitting in gold. As Wall Street banks expand coverage, that will only help more alternative assets shift to
  • 8. “digital gold” and lift the price of Bitcoin with higher demand.
  • 9. 2. Ethereum While Bitcoin appeals to investors for its gold-like fixed supply, Ethereum is attractive for its growing utility value. It’s a community-run blockchain that lets people without access to banks borrow money, send payments, and play games. It also supports the growing market for tokenized art collectibles, or non-fungible tokens (NFTs).
  • 10. The growth of the NFT market — the fastest-growing space within the digital economy — explains Ethereum’s sharp rise over the last few years. Since the end of 2020, Ethereum is up 292% compared to Bitcoin’s return of 40%. The NFT market is expected to reach $80 billion in value by 2025, according to Jefferies, or more than double the estimate of $35 billion for 2022.
  • 11. The price of ETH hit an all-time high of $4,867 in 2021, but it currently trades at about $2,840. Some investors are worried about increasing competition in the NFT space from the Solana blockchain, but Ethereum’s network still commands an 80% share of the NFT market. Solana has an advantage with its lower transaction fees, but Ethereum’s
  • 12. upcoming upgrade to its platform could help neutralize that advantage. If all goes well with the upgrade, analysts believe the price of ETH could reach $4,000 to $8,000 near term. Given Ethereum’s lead in the fastest-growing space of the digital economy, I would give it the benefit of the doubt for now. But note that the competition in the NFT market makes
  • 13. ETH a higher-risk cryptocurrency to buy right now than Bitcoin. I own some Bitcoin and believe it’s the best way to gain exposure to the cryptocurrency market, simply because it’s the most widely held and has mainstream appeal. These factors provide a floor for demand that should support a higher price over the long term.
  • 14. REVEALED… Discover How to Make Huge Money with Totally Automated Crypto Trading Robots. Get Access Here… 3 4