Crypto = Dot-Com 2.0Manward Press founder Andy Snyder is considered a leading voice in the alternative investment space. (He's also a good friend of mine.) There's no one I trust more when it comes to cryptocurrencies, so when Andy says the current collapse could actually be a good thing for crypto in the long run... I believe him. Check out his latest commentary on the state of the crypto market below. - Ryan
Dear Reader, Crypto is a disaster right now. Crypto banks are freezing assets. Crypto stocks are worried about margin calls. And prices are plummeting. It's very similar to what happened in the dot-com crisis... when companies like Pets.com and eToys were washed away in months. But it's also important to remember... From the ashes of the dot-com collapse came some of the biggest tech winners of all time. Take Apple. It plunged 79% during the dot-com bust in 2000. That scared off a lot of investors. But if you had bought it... you'd be up around 500 times your money today. I believe the same will be true for crypto. Right now, we are seeing a natural washing out of the bad cryptos. They are rightfully going the way of the buffalo. But I believe a few cryptos, available for extremely cheap prices now, will end up rising from the ashes and making some smart investors very rich. And all it might take is a smart speculation today of $100 or so. I believe that's a worthy bet. So check out my breakdown of the three cryptos most likely to emerge and become even bigger than Bitcoin here. Take advantage of this buying opportunity and make a smart speculation. It could pay off big in the future. Be well, Andy Snyder |
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