Bitcoin's 197% Rally Is Nothing Compared to What's Next

Here's what to do before April's halving event… Published By Money & Markets, LLC. March 14, 2024 Published By Money & Markets, LLC. March 14, 2024 [Turn Your Images On] [Turn Your Images On] From The Desk of [Matt Clark, CMSA®]( Chief Research Analyst, [Money & Markets Daily]( Bitcoin's 197% Rally Is Nothing Compared to What's Next Money & Markets Daily, About three years ago, my neighbor Danny approached me with an interesting question. He heard of this new cryptocurrency and wanted to know if it was a good investment. Now, Danny is a retired shoe store owner from New Jersey, living here in South Florida. He’s not “high on the hog,” as my grandfather would say, but he does OK. But OK isn’t enough for Danny … he’s always looking for new ways to make a quick buck and grow his retirement income. In this case, he thought he landed on a gold mine. Danny asked me about dogecoin, a cryptocurrency that started as a joke in 2013 but took off in 2021, thanks to Tesla CEO Elon Musk talking it up. Danny didn’t want to miss out on dogecoin’s big run, which ended up gaining more than 15,000% in 2021. But I told Danny that I didn’t know very much about dogecoin — or any other crypto for that matter. I really couldn’t give him an opinion about it. Danny, like many investors, dove into the crypto world feet first … without really understanding the ins and outs. And he’s experienced the ups and downs that go along with it (mostly the downs). You’ve likely seen that cryptos are riding new highs, prompting many to jump in like Danny. But the best approach is more calculated. I’ll share it with you today. --------------------------------------------------------------- [Turn Your Images On]( From our Partners at Banyan Hill Publishing. [Make 100X Profits From Bitcoin’s 4th Halving?]( Join Ian King on Tuesday, March 19 at 1 p.m. ET. He’s going live to show you how to target 100X gains from bitcoin’s next halving — from a pattern he discovered during previous halvings.  [Go here to reserve your seat.]( --------------------------------------------------------------- Crypto's Big Run Dogecoin likely wouldn't even be a thing without the crypto that started it all: bitcoin. It's the most well-known and used crypto in the world. Investors have been hot and cold on bitcoin over the years. The crypto’s value has risen and fallen like an amusement park roller coaster. But it's hard to ignore bitcoin's current run: [Turn Your Images On] Since March 2023, bitcoin has jumped 197% to reach an all-time high. And that rally is extending beyond bitcoin. Smaller digital assets, like dogecoin, have jumped even higher in just the last month. [Turn Your Images On] [(Click here to view larger image.)]( The MarketVector Digital Assets 100 Small-Cap Index tracks the bottom half of the largest 100 digital currencies. It’s up 60% compared to bitcoin’s 56% jump in the last month. Just like Danny in 2021, investors have a fear of missing out (FOMO) on the surge in crypto value. Even with this recent run-up, many of these smaller, lesser-known coins are still way off their all-time highs. Dogecoin is nearly 80% off its all-time high, while Solana is more than 50% down. Ethereum, the second-largest crypto by market cap, is almost 30% below its high. Everyone is focused on bitcoin. The recent launch of bitcoin exchange-traded funds (ETFs), along with a coming reduction in supply (more on this in a second), has led to big bets and FOMO on the largest crypto in the world. But that's not where the real opportunity lies… --------------------------------------------------------------- [Turn Your Images On]( From our Partners at Banyan Hill Publishing. [Crypto’s Next Bull Market]( Cryptocurrency expert Ian King has identified the next crypto coin set to go through the roof. In just one year, his December 2020 recommendations gave investors returns of up 1,061%, 1,934% or even as high 18,325%. Don't miss out - follow Ian's latest advice for [full details on how you can get involved today while prices are still low.]( --------------------------------------------------------------- FOMO and the Bitcoin Halving This is a big year for the biggest crypto. When bitcoin was conceived, there was a pre-programmed limit of 21 million coins. That’s because if you keep printing money without limits, you run into hyperinflation (like in Germany in the 1920s). That's where the bitcoin halving comes in. Every four years, the network reduces the reward miners get for extracting bitcoin by half … thus, the halving. This controls the supply of bitcoin hitting the market and limits inflation in the system. The idea is to keep the coin stabilized by controlling how much is mined. It also forces miners to generate profits with a smaller reward and drives out less productive miners. For investors, this halving event has led to increased value in bitcoin: [Turn Your Images On] During the previous three halvings, the price of bitcoin has gone up just before and sharply increased immediately after the event. That doesn’t mean it will happen this time around, but investors and their FOMO are betting on it. The Best Way to Trade the Halving While I am no expert in the world of crypto, my good friend Ian King certainly is. Ian is the resident expert on all things crypto at our sister company, Banyan Hill. He’s also the one person Adam O’Dell, Mike Carr and I turn to for insight into this corner of the market. Ian is our crypto guy. And he's identified a pattern in crypto trading related to the halving event … but it has nothing to do with bitcoin. It’s the same pattern he used to deliver a windfall of 18,325% within a year after previous halving events. He’s pinpointed lesser-known cryptos that are positioned to soar after the halving and could likely beat bitcoin’s returns in short order. Ian’s prepared to share this pattern with you … before [the 4th halving]( in April. To find the best way to capitalize on the rise of cryptos and bitcoin’s upcoming halving event, [click here now to reserve your seat for this exclusive, free event.]( He'll show you all the details on Tuesday, March 19, at 1 p.m. ET. If you're even remotely curious about bitcoin or cryptocurrency, you can't miss this. Until next time… Safe trading, [Matt Clark, CMSA®]( Chief Research Analyst, [Money & Markets Daily]( --------------------------------------------------------------- [Turn Your Images On] Employment Trend: Full-Time Goals vs. Part-Time Reality Trends in employment data are down. Last week's announcement that the unemployment rate increased to 3.9% is one indication of problems. A deep dive into the data shows even more cause for concern. The chart below shows the number of people working full-time (red line) and those who want to work full-time but had to take a part-time job because they couldn't get anything else (blue line). Headlines touting 275,000 new jobs used the establishment survey. That's based on employers saying they added jobs. The household survey asking people if they have jobs revealed a different picture. New jobs were part-time. In February, 306,000 individuals were forced into part-time jobs. At the same time, 284,000 fewer individuals were working in full-time jobs. This has only happened eight times since 1970. Each time accompanied a recession. Revisions to the data could reverse this trend next month. If revisions don't make it better, the economy is in trouble. — Mike Carr, Chief Market Technician, Money & Markets [Turn Your Images On] [(Click here to view larger image.)]( --------------------------------------------------------------- Check Out More From Money & Markets Daily: - [HOW YOU’LL KNOW THE MAGNIFICENT 7 PARTY IS OVER]( - [MY 5-SECOND SOLUTION TO BEAT THE MARKET 3-TO-1]( - [WE CAN BEAT THIS BULLISH MOMENTUM ETF]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. 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To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. 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