We've gotten some doozies over the past few days. So let me answer a handful of your top questions. [Welcome to RiskHedge] Dear Reader, The questions keep rolling in regarding crypto and the upcoming bitcoin (BTC) halving. I'd like to cover a few of them here. Let's dive right in⦠Q: Stephen, I know you've been really focused on the bitcoin halvingâwhy? A: As many of you may know, the next bitcoin halving is coming up in just a couple days. It's something that happens every four years when the future supply of bitcoin is reduced. In short, the bitcoin halving has been an accurate way to predict what's going to happen in the crypto markets. Historically, prices bottom 18 months before the halving, rally into the halving, and then really explode higher in the year or so after the halving. That's exactly what we're seeing this time. In fact, it has surprised me how much it has rallied before the halving. The bottom line is this is the best time to own crypto. I explain more [here](. Q: In August 2023, when bitcoin was trading around $27k, you predicted it would go to $150,000 a coinâdo you still believe that? And if so, why are you telling your readers NOT to buy bitcoin? A: When I made that prediction, it seemed I was sticking my neck out a little. My thesis was based on the historical halving cycle. Yet here we are six months later, and we've roughly doubled since then. Now, the $150k price target seems a bit low. So, to answer your question: Yes, I believe bitcoin will go to $150,000 or higher within the next 18 months. Regarding why I don't recommend buying bitcoin⦠one of the main reasons is because it's too big to easily move the needle on one's wealth. What I'm trying to do inside my crypto advisory is build a portfolio that outperforms bitcoin. Last year, we posted a total return of 516% compared to bitcoin's gain of 156%. I'm shooting for similar results or better this year. Q: You recently announced that your crypto advisory RiskHedge Venture is open for the first time in a long time⦠how do I know if it's right for me? A: Let me start by saying it's certainly not for everyone. It's designed for serious independent investors who want to venture outside the norm⦠for a shot at results the stock market cannot provide. What's especially interesting to me is that many people still view this asset class as a scam. It's very misunderstood. But I think all you need to do is look at the gains it has handed out. The numbers are revealing: 30,000% over the last decade. It's been the best-performing asset in 11 of the past 14 years. Look, crypto is highly volatile and confusing. But the opportunity here is so big that it pays to cut through all the messiness. And that's what we do in Venture. Of course, I don't expect you to take my word for it. That's why we offer a full 90-day, money-back guarantee so you can see if it's a good fit for you. If you're interested, [tap here to get the details](. That's it for now. Please feel free to send me any additional questions. I know the whole crypto space can be a little confusing. I'm here. And I'll be here in the years ahead. More than anything, I want to thank you for your attention and support. Please know, I don't take it for granted. Regards, Stephen McBride
Chief Analyst, RiskHedge P.S. For the first time in a long time, I'm accepting new members into my crypto advisory. But it's only going to be for the next few days. When the bitcoin halving happens, this special invitation will be off the table. I shot a quick video explaining why⦠[watch it here](. Copyright © 2024 RiskHedge. All Rights Reserved
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