Bitcoin's recent dip due to the SEC probe could present a lucrative opportunity for those who believe in its long-term potential and technological significance. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Bitcoin: Buying Technological Innovations Amidst Market Chaos Christian DeHaemer | Jun 13, 2023 "Buy when there's blood in the streets" is an adage often attributed to Baron Rothschild, a true contrarian. He meant that the best time to invest often seems to be when market conditions are at their worst because thatâs when they have the most upside after a rebound. Recently, Bitcoin and other cryptocurrencies have been beaten down. The U.S. Securities and Exchange Commission (SEC) has launched a probe into various cryptocurrency exchanges, triggering market uncertainty. Bitcoin's value took a considerable hit due to this news, falling from just over $30,000 to just over $25,000, creating what could be viewed as a golden opportunity for investors. Historically, Bitcoin has shown great resilience after getting knocked down. Following each major dip, Bitcoin has always bounced back stronger, reaching new all-time highs. Consider some notable rebounds: - Post-Mt. Gox Disaster (2014): Bitcoin's value plummeted from around $1,000 to nearly $200 when the Mt. Gox exchange went bankrupt due to a substantial security breach. However, Bitcoin not only recovered but eventually surged to a new all-time high of nearly $20,000 in 2017.
- COVID-19 Pandemic Crash (2020): In the wake of the March 2020 market crash triggered by the global COVID-19 pandemic, Bitcoin's price fell to around $4,000. However, by December 2020, Bitcoin climbed to a new all-time high of around $28,000.
- Post-China Crackdown (2021): When China tightened restrictions on Bitcoin mining and transactions in mid-2021, Bitcoin's price dropped from around $60,000 to just below $30,000. Despite this dramatic drop, Bitcoin rebounded by late 2021 to another new all-time high. Putin Just Created a Profit Storm for One Stealth Market Vladimir Putinâs war in Ukraine just led to a unique profit opportunity... One where stocks in a stealth market are about to potentially skyrocket by 5,761%! Few people on Wall Street follow this quiet sector, but soon it will lead financial news broadcasts... And you could be among the few investors who get in on it early while it's still cheap. [Get the full scoop on this once-in-a-generation opportunity.]( Buy the Dip While Bitcoin's resilience offers a potential "buy-the-dip" opportunity, it's the underlying technological innovation that promises long-term growth. Bitcoin has been at the forefront of blockchain technology for years. Here are some recent examples: - Lightning Network: This layer 2 payment protocol on top of the Bitcoin blockchain enables faster transactions between participating nodes, solving Bitcoin's scalability issue. It supports the potential for everyday transactions, microtransactions, and instant payments.
- Smart Contracts: Smart contracts, though typically associated with Ethereum, are now also part of the Bitcoin ecosystem via the Rootstock (RSK) platform. This development allows Bitcoin to leverage the benefits of smart contracts, such as self-execution and reduced reliance on intermediaries.
- Taproot Upgrade: Activated in 2021, the Taproot upgrade improves Bitcoin's scripting capabilities and privacy, enhancing the efficiency of complex transactions without revealing unnecessary information. The Income Play of the Decade Fortune 500 companies like Amazon, Kroger, Walmart, and many more are now being FORCED to pay three warehouse "landlords" millions... And theyâre sending a dedicated cut of this money directly to partners like you and me EVERY SINGLE MONTH! All you need to do is stake your claim and you could be receiving your first check within 30 days. [Hereâs everything you need to get started...]( This innovative technology, coupled with growing institutional adoption and Bitcoin's role as a hedge against inflation, contributes to Bitcoin's long-term potential, even amidst regulatory scrutiny. Global acceptance is another critical factor. Despite regulatory hurdles in certain regions, many countries are embracing Bitcoin. In a landmark move, El Salvador made Bitcoin legal tender in 2021, signaling increased acceptance of cryptocurrency at a national level. This development can contribute to the long-term stability and growth of Bitcoin. In conclusion, Bitcoin's recent dip due to the SEC probe could present a lucrative opportunity for those who believe in its long-term potential and technological significance. It's a moment that echoes the words of another legendary investor, Warren Buffett: "Be fearful when others are greedy and greedy when others are fearful." In the current climate of fear around Bitcoin, the savvy investor might find the best opportunity. All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]Check us out on YouTube!]( Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).