Cryptocurrency markets are naturally volatile. But within the past month (January 2018), it has gone through a lot of hemorrhaging in an effort to correct itself.
Bitcoin was riding high above $15K per coin for months--bringing Altcoins like Ripple, Bitcoin Cash, Ethereum and others up along with its rising tide. Then it went cascading down by almost 50% in a matter of days.
To add insult to injury, Cryptocurrency's evil step-child, Bitconnect, was exposed as a fraudster Ponzi scheme.
And that revelation (credible crypto investors suspected this early on and stayed clear of Bitconnect) created further unrest in the market and cast more skepticism on the industry.
But I still believe. I'm still HODL (holding on for dear life).
I'm in it for the long haul. I invested an amount I'm comfortable losing. So, I'm riding this baby until the wheels fall off. Right now, my investments are at the break-even point.
More importantly, though, is the education I've received from actually getting into the market. Learning the value of the Blockchain, brushing up on the history of the U.S. and global currencies and all the lingo is well worth the investment I made into the market.
This small investment amounts, easily, to an education on par with a couple semesters in an economics course at a university--but at a much less, of course.
Although this video presentation was recorded in early January, just before the all the market corrections began, the content featured is still very much relevant and useful whether in a bull or bear market.
I'd like to share it with you as there is ancillary personal finance information that can be applied no matter what investment vehicle you choose (e.g., real estate, stocks, or crypto).
The PowerPoint presentation featured in the video serves as the show notes. It includes all the live links I reference + some updates and corrections to things I mentioned in the video version.
If you would like this presentation for your personal review and research--then download it here.
If you find this presentation insightful, then please comment below and let me know your thoughts or answer your questions.
Also, if you are digging it--share it with anyone you think would appreciate it.