3 Ways to Play FTX’s Collapse

I don’t see anyone talking about this… [Altucher Confidential] November 11, 2022 [WEBSITE]( | [UNSUBSCRIBE]( Everyone’s talking about FTX. But nobody’s seizing the day. [Hero_Image] Three assets that will benefit from FTX's failure By James Altucher Over 62 And Collect Social Security? Take Action Immediately! [Click here for more...]( [If you’re over the age of 62 and currently collect Social Security, you need to prepare now.]( Because Biden has given our country the worst inflation in decades – and many warn things will only get worse from here. Worse yet, the Social Security check you receive now may not keep pace with inflation… [Which is why, if you don’t act now, you could fall behind in the months ahead.]( Is your retirement at immediate risk? [Click here now to get the simple, step-by-step actions to survive inflation.]( [James Altucher] JAMES ALTUCHER There are thousands of takes on FTX. But I don’t see anyone talking about how to seize the day. I’ll keep this one short and sweet… Here are three assets that will benefit from FTX’s failure. 1. Coinbase The most mainstream centralized crypto exchange. People who are nervous (as many many are) will move crypto assets to Coinbase. The 52-week high on Coinbase is 355. Right now it's around 50 (the 52 week low was 44). 2. Bitcoin / GBTC GBTC is like a closed-end fund that owns just bitcoin. You can buy it on the Nasdaq. Here's the thing… It's trading at a 40% discount to the dollar amount of the Bitcoin it holds. This happens sometimes when people panic sell closed-end funds. The stocks trade at discounts to the value they hold. It's like being about to buy a wallet with $100 in it for $60. It's not rational but this happens often in irrational markets. Crypto Legend Reveals: “The Next Bitcoin” He called Bitcoin at $61. Now he says this next crypto will be even bigger. In fact, he’s targeting 25X gains over the next year alone. [>>Click here now for the details.]( A month ago, a friend of mine was buying GBTC when it was at a 20% discount to the value of Bitcoin it held. He told me, "this is the greatest discount it's ever had." Well, now it's at a 40% discount, which is sort of ridiculous. This means Bitcoin can go down another 40% and you still probably won't lose much money if you buy GBTC. But if Bitcoin goes up, GBTC will go up more than Bitcoin because the value of its holdings will increase and the discount will most likely go back to a normal 8-10%. 3. XXXXXX Probably the safest DeFi exchange. This exchange will also benefit from the collapse of FTX and is 80% lower than its all-time high. [Chris’ note: Out of respect for our Early Stage Crypto Investor subscribers, we can’t disclose the third pick here. But if you want to get in on a slew of early-stage cryptos while there’s blood in the streets… the third one included… look no further: [Click here for more details from James.]( Best, James For Altucher Confidential Urgent: Currency Wars Alert [Click here for more...]( “Worst case scenario is almost inevitable” -Former Pentagon Insider Jim Rickards In my 2011 book, I warned that the U.S. was engaged in a currency war. And that these wars: “Degenerate into sequential bouts of inflation, recession, retaliation and actual violence as the scramble for resources leads to invasion and war.” Now with Putin invading Ukraine…Rising tensions with China… Inflation, recession, and supply chain issues all hitting the U.S. economy at the same time. It seems as if some of my worst fears have finally come true. [That’s why I’ve recorded an urgent video message.]( To update you on exactly what you need to be doing to protect yourself. Because if history is any indicator, this will not end well. [Click here to view my urgent video message.]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2022 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. 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