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- Here’s How You’ll Make 700% Gains
- This Year With Your Own Private
- “Money Machine”
- By Teeka Tiwari on January 18, 2018
- Print
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- location, your internet service provider, and internet traffic, among other
- variables.
- Strolling the docks of superyachts in Cannes last year, you might have caught
- a glimpse of a reclusive gray-haired billionaire sauntering the polished teak
- decks of his $100 million superyacht, Archimedes.
- What’s so special about spotting a billionaire in Cannes? The place is full of
- them… Well, this particular billionaire holds a key to making you richer than
- you can imagine.
- His name is Jim Simons. Jim started as a math professor at Stony Brook
- University in New York. Today, when he’s not on his $100 million yacht or
- flying on his $45 million jet, he’s checking up on his $18 billion net worth from
- the comfort of his $20 million Long Island mansion.
- He built his wealth from a hedge fund business called Renaissance
- Technologies. He’s most famous for his successful Medallion Fund. According
- to one report, the Medallion Fund has created more billionaires than any
- other hedge fund in the world.
- By any yardstick, Jim and his team at Renaissance are the most successful
- investors the world has ever seen. For 29 years, they’ve possessed a secret
- that has created what one Bloomberg reporter called “a fountain of money
- unlike any other.”
- In this month’s issue, I’m going to peel back part of that secret and show you
- how to gain access to some of the same type of information Jim has used to
- fund his lavish lifestyle.
- I’ll also show you how you’ll make at least 83 times your money this year—
- and as much as 333 times your money over the next 2–3 years.
- That would turn every $1,000 into at least $83,000. That’s the kind of lifechanging,
- asymmetric trades we look for in Palm Beach Confidential.
- Before I show you how we’ll do that, let me tell you a little more about the
- company behind the Medallion Fund, Renaissance Technologies.
- Crypto Corner
- We’ve recently renovated the entire Palm Beach Confidential Crypto Corner.
- If you have questions about anything cryptocurrencies, chances are you’ll find
- the answers there.
- There, you can access our research and step-by-step videos on web-based
- wallets, hardware wallets, and other cryptocurrency services.
- Be sure to check out our wallets and exchanges list to see which exchanges
- you can buy all our recommended coins on and which wallets we recommend
- holding them in.
- The Closest Thing to a Crystal Ball
- Renaissance has two unique features:
- 1 If you previously worked on Wall Street, they probably won’t hire you.
- 2 They do zero fundamental analysis.
- The company is staffed almost entirely with astrophysicists, string theorists,
- and all manner of mathematicians. Three hundred scientists—including 90
- who hold Ph.D.s—spend all day doing one thing…
- Analyzing the price movements of stocks and commodities.
- This is what a Bloomberg article said about Medallion last year:
- [B]ased on models that find signals hidden in the noise of markets,
- [the Medallion Fund] has become probably the world’s most
- successful money machine. Powered by millions of lines of
- computer code, it has made about $55 billion over the past 29
- years, thanks to average returns after fees of an astounding 40%.
- If you want to invest with Renaissance, forget it. They stopped taking outside
- money in 2005. Want to get a job there? I hope you have an advanced
- degree in astrophysics or you’re an expert in string theory… Otherwise, you
- have no shot.
- For decades, the ordinary investor had no access to funds like Medallion and
- its unique strategy. You had to be to be very well-connected… very rich… or
- smart enough to work there.
- But all that is about to change…
- A small team of blockchain coders has figured out some of Jim Simons’
- juiciest secrets. This small band of computer scientists, neuroscientists,
- mathematicians, and linguists have put their brains together to create a
- money machine unlike any I have ever seen outside of a hedge fund like
- Medallion.
- Here’s a sample of the publicly released test results of nearly 900 financial
- events their analysts have predicted:
- • On January 19, 2017, five minutes before the markets opened, the
- team published price predictions on gold, silver, the U.S. dollar, the
- Russian ruble, and Brent oil. Each prediction included an entry point,
- stop-loss, and profit-taking point. Over a three-week public test period,
- the team had average annualized gains of 47%.
- • On December 11, 2017, their computers said to buy Valeant
- Pharmaceuticals (VRX) at $20. At the time of this writing, the stock was
- around $24. That’s a 20% rise in just 27 trading days.
- • In early January 2018, they publicly announced that Netflix would beat
- estimates. On January 18, Netflix reported earnings of $1.15—a 15 %
- earnings beat—and the stock shot up 9%.
- But it’s not just stocks; they also released test results of their crypto trades:
- • On December 11, 2017, they said to buy NEO when it was at $35. As of
- this writing, it’s over $115.
- • On December 14, 2017, they said to buy the CRED token ICO. As of
- January 5, 2018, CRED had peaked 20 times higher.
- • December 20, 2017, they said to buy Ripple at 70 cents. Two weeks
- later, Ripple was at $3.30.
- What’s amazing about their results from January 19, 2017, (when they
- predicted the prices of gold, silver, dollars, rubles, and Brent oil) was that 40%
- of their analysts had never made a trade on an exchange in their lives.
- Just like Renaissance, these guys have found out how to make money from
- the markets without using a traditional Wall Street staff.
- They have figured out a way to tap into a brand-new form of research called
- hybrid intelligence. I’ll explain what that is in a moment. What you need to
- know now is that hybrid intelligence can make you richer than you ever
- thought possible.
- The Wisdom of Crowds
- The way to access this intelligence is through a crypto token called
- Cindicator (CND).
- We recommended Cindicator in the short-term trading portfolio on December
- 18. Let me explain to you why I am adding it to the long-term portfolio this
- month, and why, if you don’t yet own it, you absolutely should get some right
- now.
- The insiders of Cindicator are a group of scientists from across the world.
- They’ve come together to create what I believe is the most undervalued
- crypto token on the market today.
- Cindicator is a utility token. That means you need to use Cindicator tokens to
- access the project’s trading signals. Here’s what took my breath away: It’s
- been trading on the exchanges for just 14 weeks.
- It’s largely unknown, which makes the following information even more
- impressive.
- Relative to its launch date, Cindicator is the most heavily used utility token
- I’ve ever seen. Again, I have never seen a token gain so much utility so
- quickly.
- 20% of its tokens are already being used to secure Cindicator’s prediction
- services. Compare that to other prediction coins such as Augur, Gnosis, and
- Stox. 100% of their coin holdings are for speculation.
- That’s because none of those projects have a live service yet, and they’ve
- been trading since October 2015, May 2017, and August 2017, respectively.
- So what makes Cindicator so different from Gnosis, Augur, and Stox?
- Tapping Into Collective Wisdom
- Aside from having an actual working product, Cindicator utilizes hybrid
- intelligence. Hybrid intelligence works in two parts.
- The first part uses something called crowd intelligence…
- Crowd intelligence is a method of making predictions of future events by
- polling a group of people and averaging their answers. The average opinion
- of the crowd is generally more accurate than that of a single expert.
- The Bull Display and Jelly Bean Jar Experiments
- A famous example of the Wisdom of the Crowd phenomenon was in 1906.
- That’s when British scientist Francis Galton visited a rural fair where he
- invited fairgoers to guess the weight of a bull on display.
- About 800 people—some of them professional farmers, others not—wrote
- their figures on tickets. After collecting the tickets for analysis after the fair,
- Galton averaged all the guesses. The result: 1,197 pounds.
- The actual weight of the bull was 1,198 pounds. The collective wisdom of the
- crowd came within less than one-tenth of 1% of the bull’s actual weight.
- A more recent example was in 2011.
- That’s when Professor Marcus du Sautoy, a presenter for the BBC, asked
- 160 colleagues how many jelly beans were in a jar. The guesses ranged from
- a low of 400 to as high as 50,000.
- The average of all the guesses—4,514. The actual amount of jellybeans in
- the jar was 4,510.
- What’s remarkable about this experiment is over a hundred years after
- Galton’s experiment, the wisdom of the crowd once again came within onetenth
- of a percent of the actual number.
- Sophisticated hedge funds like Renaissance and intelligence agencies like
- the CIA already use crowd intelligence models to forecast outcomes in
- economics and geopolitics.
- Cindicator has done something a little different. It merges crowd intelligence
- with artificial intelligence (AI). By adding AI, the company can make even
- better predictions than by using crowd intelligence alone.
- Cindicator proved this when it released the prediction results from the
- January 19, 2017, test on gold, silver, dollars, rubles, and oil prices.
- Its very best of crowd participants averaged annualized gains of 25%. But
- when Cindicator added its AI component to its human component, annualized
- returns leaped to 47%.
- They call this merger of human intelligence and AI hybrid intelligence.
- What’s amazing about hybrid intelligence is that it can be used for just about
- anything. Stock market research, political polling data, consumer research,
- sports betting… The applications are endless.
- This means the potential market for Cindicator is huge.
- Think about this…
- • During the last election cycle, spending on political polling topped $6.8
- billion.
- • Wall Street spends $50 billion per year on research.
- • Over $1 trillion annually is spent on sports betting.
- • Large corporations spend an estimated $12.5 billion annually just on
- consumer market testing before launching a new product.
- • Insurance companies pay $185 billion per year trying to predict risk.
- Each of these industries is a potential buyer of the Cindicator token. For now,
- the team focuses on the finance sector, but as it grows, you’ll see a slew of
- new services being offered to other industries.
- Just How Does Cindicator Work?
- At this point, you might be wondering, “Exactly how does Cindicator work and
- how do I make money from holding the token?”
- Cindicator gathers data by polling 30,000 analysts through its Android app.
- These analysts answer questions about future events. (The analysts are paid
- proportionally from a reward fund based on the accuracy of their forecasts.
- The more accurate their predictions, the more they are paid.)
- Cindicator then aggregates the polling data and runs it through the AI
- component, which sends trading signals to Cindicator token holders.
- The more tokens you own, the more (and better) information you receive. To
- date, Cindicator has been correct 72.4% of the time across all of its
- predictions (according to its published forward test results). As I’ll show you
- below, certain data packages have done even better than that.
- To access Cindicator’s data, you have to either spend (i.e., send tokens to
- Cindicator) or “stake” a certain amount of coins. Let’s focus on staking for
- now because that’s my recommended way to access Cindicator’s predictions.
- When you stake Cindicator tokens, you put them into a wallet that proves
- your ownership. So long as the coins stay in the wallet, you continue to
- receive trading signals.
- Cindicator offers four tiers for data access. They require as little as 5,000
- tokens for the beginner package and as much as 1 million tokens for their
- “Cryptometer” Bot 2.0 package. (Trading bots automatically execute trades
- based on preset algorithms, indicators, or parameters.)
- Earlier in the report, I wrote that I thought Cindicator was the most
- undervalued token on the market today.
- Here’s why I think that…
- The cost of each level of service is way undervalued relative to the gains
- users can make from each tier. There are four tiers of service: Beginner,
- Trader, Expert, and Cryptometer.
- I’ll explain them in more detail in a moment. But first, let me share with you
- Cindicator’s outstanding results…
- I was able to obtain and review Cindicator’s published test results from their
- crypto-asset indicators. (Keep in mind, though, that Cindicator also has
- indicators on stocks, indexes, and commodities.)
- Here’s what I found:
- • Its weekly bitcoin price forecast indicator did 38 trades between
- January and June 2017. Of those trades, 24 were winners. And the
- average return for all trades was 0.95% per week. That works out to
- 49.5% annualized.
- • Its monthly price forecasts on bitcoin, Ethereum, and Litecoin executed
- 15 trades between January and May 2017. There were 13 winners and
- two losers. The average gain of all trades was 58.2% per month. That
- works out to 708.1% annualized.
- Since its release on December 11, 2017, the Cindicator Bot has issued 128
- alerts:
- • 17 Beginner Package Alerts
- • 29 Trader Package Alerts
- • 82 Expert Package Alerts
- Of those total 128 alerts, 58 have closed with a 72.41% win rate. (Below, I
- break down each Cindicator alert package.)
- Cindicator Packages
- Cindicator offers several trading packages. The more tokens you use per
- package, the more services you receive. If you want to know how Cindicator
- will make money, then you need to understand what each package entails. (If
- you’re not interested in buying a Cindicator trading package, you can skip this
- section.)
- Beginner Package: 5,000 tokens will cost you around $350 at current prices.
- That will get you access to the Beginner Package. This package gives you:
- • Community choice indicator: One crypto pick per week
- • Market events probability indicators: A weekly prediction that can
- cover traditional markets, politics, or cryptos
- As an example, the Cindicator Bot sent an alert to Beginner traders on
- December 20, 2017 to buy Ripple (XRP) at 70 cents. It rallied to over $3.
- Trader Package: 200,000 tokens will cost you around $15,000 at current
- prices. That will get you access to the Trader Package. The Trader Package
- includes everything from the Beginner Package plus the following:
- • Weekly support and resistance levels: Projected highs and lows of a
- selection of cryptos and traditional financial assets
- • ICO ranking: A ranking of upcoming ICOs from best to worst
- • Price level indicators: Predictions on whether a crypto will reach a
- certain dollar value by a specific date
- As an example, the Cindicator Bot sent an alert to traders on December 11,
- 2017 on Valeant Pharmaceuticals (VRX) before the market opened. VRX
- made 8.5% in just a few days.
- Expert Package: 700,000 tokens will cost you around $52,500 at current
- prices. That will get you access to the Expert Package. The Expert Package
- includes everything from the Beginner and Trader Packages plus the
- following:
- • Price level indicators: Tracks a basket of the most popular stocks and
- indexes and predicts they will reach a certain dollar value by a specific
- date
- On December 14, 2017, the Cindicator Bot indicated Verify (CRED) as the
- highest-growth ICO on its list. Those who acted on the alert when it was sent
- made 20 times their money priced in U.S. dollars.
- Cryptometer Bot 2.0: 1 million tokens will cost you around $75,000 at
- current prices. That will get you access to the Cryptometer Bot 2.0 Package.
- It includes everything from the Beginner, Trader, and Expert Packages, plus
- the following:
- • The Cryptometer Bot generates 1–5 arbitrage trades each day. An
- arbitrage works by buying a token on one exchange (where the price is
- lower) and selling the exact amount of the same token on another
- exchange (where the price is higher).
- Here’s a published sample of some arbitrage opportunities you would have
- had access to over the first two weeks:
- • An opportunity to make 13.7% on Bitcoin Cash (BCH) as it traded
- higher on Poloniex compared to Bitfinex.
- • An opportunity to make 14.1% on Ripple (XRP) as it traded higher on
- Kraken compared to Poloniex.
- • An opportunity to make 152.9% on NEO (NEO) as it traded higher on
- Bittrex compared to Bitfinex.
- Cindicator says you should expect to make 1–3% per day with Cryptometer
- Bot.
- During its first two weeks, five trades could have made you 5% or more. The
- NEO trade was notable. A flash crash on Bitfinex on November 29, 2017
- caused NEO to plunge.
- There’s no way you could manually find such an opportunity. But Cryptometer
- Bot 2.0 users had a full five minutes—an eternity for cryptocurrency arbitrage
- —to make over 150%.
- If you can make 1% per day with Cryptometer Bot 2.0, that’s 3,678%
- annualized. Does a $75,000 cost for the potential of 3,678% annual gains
- sound rational to you?
- You can see in some of the trade examples generated by each trading
- package above that, relative to the potential returns, the price of Cindicator
- tokens doesn’t make sense. In fact, they’re radically underpriced.
- But that’s about to change.
- Cindicator is on the cusp of launching a global marketing campaign that will
- put its market-beating trading signals in front of every major hedge fund in the
- world.
- Cindicator says the strategy includes reaching larger audiences through
- finance, tech and business media… increasing online marketing… and
- working with opinion leaders and influential bloggers.
- We have a unique opportunity to jump ahead of the hedge fund elite and get
- into Cindicator before they’ve even heard about it.
- What’s It Worth?
- The way you access Cindicator’s signals is by proving you own a certain
- number of tokens.
- To keep getting the information, you have to maintain your ownership. This
- effectively shrinks the pool of available tokens. To date, more than 20% of
- CND tokens have been removed from the market via staking.
- The total token count is capped at 2 billion. (There are 1.4 billion actually in
- the market; 5% of the tokens have gone to rewarding contributors and the
- rest are held by Cindicator under a two-year vesting schedule.)
- That means there can never be more than 2,000 users of Cindicator’s most
- valuable product, Cryptometer Bot 2.0 (It costs 1 million tokens. 1 million x
- 2,000 = 2 billion).
- So how high do I think this can go?
- This year, I think we’ll see at least $5 per token. Here’s why…
- Let’s assume users have the ability to make 1.5% per day using Cindicator.
- A $100 million hedge fund dedicated to this strategy would make
- approximately $1.5 million per day. Let’s ignore compounding for now and
- assume over the year, the fund continued making $1.5 million per day.
- By the end of the year, the $100 million fund would have made $547 million.
- That’s more than a 5x return. How much would an institution pay to make
- nearly a half-billion dollars?
- $5 million? $10 million? $20 million? $50 million?
- As a former hedge fund manager myself, I’d have no problem green-lighting a
- $5 million spend on research if I thought we could make $1.5 million a day
- from it.
- That’s why I think funds will easily pay $5 million for a shot at those types of
- gains.
- Remember, funds will have to own 1 million CND tokens to access the best
- research. That would suggest that Cindicator could reach $5 this year and still
- be a highly profitable research source for a hedge fund.
- After a solid year or two of predictions, we think we’ll see a widespread surge
- of institutional buying of Cindicator tokens. Now match what we expect to be
- an excellent track record with a slew of new prediction products that cover all
- manner of financial and nonfinancial predictions… and we think the price of
- the token could be pushed to as much as $20.
- Your initial response might be, “Hold on, Teeka. You said you think this will hit
- $5–20. That means you’re looking for a $10 billion–40 billion market cap.
- That’s crazy!” (Cindicator’s current market cap is about $140 million.)
- Before you write me off as a lunatic, think about this…
- Unlike any other coin I have written about, market cap doesn’t matter when it
- comes to CND. It’s not market cap coin. What matters is the expected return
- on investment of the research versus the cost to access it.
- The experts I have spoken to in the institutional research space tell me
- institutions will pay as much as 20% of the expected return for a research
- source.
- So for instance, a customer would pay $100 million for an expected payoff of
- $500 million.
- As you can see, buying 1 million tokens and investing $20 million (assuming
- $20 per token) is actually a conservative number relative to the potential
- value of the research.
- You might be concerned that if everybody has access to this great research, it
- will cause the profit opportunities to disappear quickly as big-money hedge
- funds jump on the ideas.
- Here is what you need to remember… The number of data users is capped
- by the number of tokens in the float.
- If every potential user decided to buy 1 million tokens to get access to the
- best research, only 1,400 spots could be taken because the float is 1.4 billion
- tokens.
- Even when every single token is in the market, the maximum number of users
- (assuming everyone wanted the top package) could never be more than
- 2,000.
- This hard cap of users ensures that token holders will be part of a very small
- and elite group of traders.
- Here is my prediction:
- Over the next two years, every major hedge fund, day trader, and bank
- trading desk in the world will buy Cindicator. You will be priced out of this
- resource if you don’t take action right now and own some.
- As the value of Cindicator grows beyond the reach of all but the very wealthy,
- you’ll share an enormous edge with the richest investors and traders in the
- world. If you’ve ever dreamed of owning an investment that could fund your
- lifestyle forever, then you must own Cindicator.
- It’s a holding that will continue to make you money year in and year out. It has
- the potential to be your very own money machine the way the Medallion Fund
- has paid for Jim Simons’ superyacht, private jet, and lavish Long Island
- mansion.
- Here’s What Takes It Higher
- We believe we’re in the early stages of a mass migration from traditional
- assets (like stocks) to crypto assstes. In the past, we’ve written about the
- non-correlated aspects of crypto. That means crypto prices are not affected
- by movements in the stock and bond markets.
- As we told you last month, research suggests that money managers can
- reduce the volatility in their overall portfolio by adding crypto assets. We think
- as much as 10% of the money in traditional assets will migrate into crypto
- assets.
- Institutional money managers will be hungry for proven research sources in
- the crypto space. That makes Cindicator an easy choice for them. Over the
- short term, we think the biggest buyers will be hedge funds. This is where
- Cindicator will be focusing its marketing efforts.
- There are 150 new crypto funds launching in 2018, with hundreds more
- coming. All of these funds will own at least 1 million CND. On top of crypto
- funds, there are an estimated 15,000 hedge funds worldwide.
- If 10% of them add crypto exposure, that’s 1,500 hedge funds that are likely
- buyers of Cindicator tokens. Remember, the top-tier research package
- requires holding 1 million tokens. So that means if 1,500 hedge funds need to
- buy 1 million tokens each, that’s 1.5 billion in potential token demand.
- But guess what?
- There aren’t enough tokens to go around.
- There are only 1.4 billion tradable CND tokens. 20% of those are already
- locked up. That leaves 1.12 billion tokens facing a projected demand of 1.5
- billion tokens.
- And this demand projection is just for hedge funds. It doesn’t include the 7
- million global crypto traders… the 20 million traditional stock traders… or the
- 10,000 mutual funds.
- You know what else it doesn’t include? The projected demand from:
- • The $6.8 billion spent on political polling research during election time
- • The $1 trillion per year wagered by sport bettors
- • The $183 billion spent each year on insurance risk research
- • The $12.5 billion spent each year on corporate research
- • The $50 billion spent each year spent on traditional Wall Street
- research
- That’s why we think you’ll see a massive demand-driven rally in CND tokens
- that will take them to $5 this year and $20 over the next couple of years.
- At the time of this writing, we can buy them around 7 cents.
- What Is B.I.T.S. Saying?
- B.I.T.S. is designed to automatically alert us to ideas when investor sentiment
- is low. We call this buying at the bottom of the fear curve. You can read how
- the system works here.
- B (Business Value Ratio): The business value ratio measures the daily
- dollar value of all transactions compared to the total value of the
- cryptocurrency. When the business value ratio dips below its average, it’s a
- sign the crypto token is cheap.
- The Cindicator business value indicator rose higher recently as trading
- volume in CND has dropped. As buyers come into the market, the ratio will
- drop and put Cindicator back in the buy zone. Also keep in mind that
- Cindicator has only been trading for three months… so there’s minimal data
- to work with.
- I (Insiders): When the business value ratio is flashing, I go to my insiders.
- Two advisers to Cindicator that you may be familiar with are Anthony Di Iorio
- and Charlie Shrem. Anthony is one of the founders of Ethereum and Charlie
- is one of the earliest investors in bitcoin.
- When I asked them why they chose Cindicator, they told me they loved the
- idea, but most importantly, they respected the team.
- Here’s what I discovered… Cindicator received over $500 million in buy
- orders for its ICO. Instead of being greedy, they capped the ICO at $15
- million. They took the time to find investors they thought could add value to
- the Cindicator ecosystem. They also limited the size of each investment so
- trading wouldn’t be dominated by “whales.”
- Cindicator isn’t a money grab for these guys. If it was, they would have taken
- the $500 million. The team is devoted to the idea of helping people make
- better decisions through hybrid intelligence. The restraint and maturity they
- showed in the ICO says a lot about the integrity of the team.
- T (Technicals): We use technical analysis to tell us when the selling is over.
- The Relative Strength Index (RSI) measures how strong a cryptocurrency is
- based on its previous trading history. If today’s price is higher, the RSI moves
- up. If today’s price is lower, the RSI moves down.
- The RSI is showing us that the current sell-off is overdone. It hasn’t flipped to
- a buy yet, but given the recovery in prices, we expect it to flip to a buy signal
- in a day or two.
- S (Social Media): Our research has shown that before a cryptocurrency
- takes off, we always see a surge in “chatter” on our social media tracker.
- As you can see, our social media “chatter” indicator broke above its baseline
- in December 2017. While it has tailed off recently, we put that down to the
- recent crash we’ve seen in the overall crypto market.
- Bringing It All Together
- Cindicator is a unique crypto token in that it’s incredibly useful right now.
- We’re not waiting for a testnet or alpha launch. You can start extracting value
- from your token ownership immediately.
- At the time of this writing, Cindicator is relatively unknown. But that’s about to
- change. The team is getting ready to unleash a global marketing blitz that will
- put Cindicator in front of just about every major hedge fund, family office, and
- serious trader across the globe.
- The time to buy is now, before the media blitz happens.
- Action to Take
- Cindicator is a unique utility token in that it’s up and running right now. Even
- when I recommended Ethereum at $7, it wasn’t being used as much as
- Cindicator is right now.
- Remember: 20% of the tokens have already been staked to get access to
- their research. Can you imagine what will happen once the team gets this
- idea in front of every hedge fund and family office?
- The demand for the token is going to skyrocket. The time to take action is
- now.
- As always, place no more than $200–400 for smaller accounts and $500–
- 1,000 for larger accounts into this trade.
- Trade to Make: Buy Cindicator (CND)
- Buy-up-to Price: $0.30
- Stop Loss: None
- Buy It On: Binance, HitBTC
- Store It On: MyEtherWallet
- Important note: Immediately after our buy recommendations, we often see
- an initial price spike. We understand that this can be frustrating. But don’t
- worry. This is par for the course in the cryptocurrency space. Most of the time,
- the recommendation falls back below our buy-up-to price. The best approach
- to take: Place a limit order. Then, just be patient and let the price come to
- you.
- Introducing Our New Analyst: Chris
- Wood
- Teeka’s Note: Friends, we first started Palm Beach Confidential as a smallcap
- advisory service. But then we started making huge amounts of money in
- cryptocurrencies, and so, naturally, our focus shifted to providing you with the
- best crypto information in the world.
- But we haven’t forgotten the importance of stocks. Here at Palm Beach
- Research Group, we take a holistic approach to wealth building. That means
- we look at the whole picture. We embrace all manner of assets from incomeproducing
- real estate, to private business ownership, to options and stocks,
- and of course, cryptos.
- I believe we will soon see a proliferation of new blockchain-enabled
- businesses emerge in the public markets. That’s why I’ve wanted to add
- small-cap stocks back into Palm Beach Confidential.
- As you know, I live out of a suitcase… chasing down the world’s best crypto
- investments. I no longer have the bandwidth to do the level of due diligence
- necessary to find world-class, small-cap stock plays.
- That’s why I “poached” one of the best small-cap analysts in the world from
- my friend and legendary speculator Doug Casey, the founder of Casey
- Research. I’m only joking when I say “poached.” Over an overpriced
- breakfast in San Francisco, Doug graciously gave his blessing for me to
- approach his top small-cap guy.
- I am very happy to report that he said yes to joining our team.
- Friends, I’d like you to help me welcome our newest member of the Palm
- Beach Confidential team: Chris Wood.
- Chris is a rockstar, small-cap stock analyst. In his former career, he valued
- private companies. When it comes to ripping apart balance sheets and
- sniffing though marketing B.S., no one I know has Chris’ raw analytical ability.
- His track record is amazing.
- Over the last nine years, he’s delivered an average gain of 19% per
- recommendation. I know to us in the crypto space that seems like small
- potatoes… But in the stock world, that puts Chris’ performance alongside
- such giants as Warren Buffett, who has averaged 19% per year across his
- career.
- We are incredibly lucky to have an analyst of Chris’ skill on the team. I’ve
- asked him to focus on blockchain ideas. Since that market is just developing,
- I’ve also asked him to look at other small-cap sectors he thinks are ripe for
- profits.
- So in addition to blockchain stocks, Chris will be looking at biotech and
- cannabis stocks.
- Chris has already had huge success in these areas.
- For example, when Chris recognized the potential of small drug companies
- developing painkillers that don’t get you high and don’t lead to addiction, he
- recommended buying Nektar Therapeutics and Cara Therapeutics in October
- and November of 2016. Less than eight months later, his subscribers cashed
- out a 233% gain on Cara. And they only had to wait 11 months to book a gain
- of 153% on Nektar.
- In April 2017, Chris recommended 22nd Century Group. This company is a
- biotech firm developing tobacco with less nicotine and cannabis with less
- THC. Chris called it “one of the safest marijuana stocks you can buy”
- because it had a potentially lucrative tobacco business to fall back on if a
- hiccup occurred in the marijuana legalization movement. Subscribers made
- 131% in just nine months.
- In total, Chris booked 100%-plus gains on seven stocks in 2017.
- I’m looking forward to bringing his ideas to you throughout 2018 and beyond.
- Blockchain Opportunities in the Stock
- Market
- By Chris Wood
- Thank you for the kind introduction, T.
- I couldn’t be more excited to join this team.
- Now, on with the show…
- Last night, while I was researching small-cap stock opportunities as usual,
- snow fell in New Orleans. It was the first time I’ve seen snow here in a long
- time. It wasn’t much, just a dusting, but it brought me back to my early days in
- this business when I lived in the very snowy ski village of Stowe, Vermont.
- I usually arrived at my office there early in the morning and left rather late. So,
- on occasion, when the snow storms were really bad, I’d get stranded at the
- office by myself… sometimes for a couple days at a time. No joke.
- While stuck at the office during one really bad storm in early 2011, I
- inadvertently discovered the secret to this business of finding great
- opportunities in the stock market.
- It was about 3 a.m. My car was the only one in the parking lot. But you could
- barely see it; the snow was so high.
- I was analyzing a small-cap biotech company called Seattle Genetics—which
- was developing what seemed like a sort of “smart bomb” for some cancers—
- when I wondered how many other analysts out there were burning the postmidnight
- oil looking for opportunities like this. It couldn’t be many, I thought.
- Seattle Genetics ended up being one of the first three recommendations I
- made to subscribers that more than doubled. I’ve had many more since.
- But that night at my office really drove the point home that the secret to this
- business is no secret at all. It’s really about being willing to go to greater
- lengths than the next guy or gal to find great ideas. Whether it’s spending
- longer hours at the office, attending conferences, visiting companies and
- industry experts, or just going where the action is.
- And that’s what I promise to bring you in the months (and hopefully years)
- ahead… great ideas that come from going to any length necessary to find.
- With that in mind, I’d like to shift gears just a bit and give you a brief
- introduction to the idea of capitalizing on the crypto/blockchain trend by
- investing in stocks.
- So, the value of all cryptocurrencies currently stands at about $450 billion,
- according to CoinMarketCap. That’s up nearly 2,000% since January 1, 2017.
- And things are just getting started.
- Blockchain-based systems could eventually surpass the impact that the
- internet has made in our lives over the past 20 or so years.
- So how does the average investor get in early on this trend?
- You can buy the cryptos themselves, of course. Many regular readers of Palm
- Beach Confidential have already made life-changing gains following Teeka’s
- crypto recommendations.
- But just like buying and selling options or trading futures, many investors are
- confused by the new digital assets and would rather have their money in
- more traditional markets.
- It’s understandable. Buying cryptos is certainly not as easy as buying stocks
- from your online broker.
- The good news is that you can play this trend in the stock market.
- But before we get into that, let’s briefly review what we’re really talking about.
- Regular readers of Palm Beach Confidential know that cryptocurrencies run
- on blockchain technology. Notice I didn’t say “the blockchain.” That’s because
- “the blockchain” is not a thing. Different cryptos run on different blockchains.
- A blockchain is like a permanent ledger of accounts that’s been digitized,
- encrypted, and shared across a network of computers according to a set of
- software rules. The software rules that run a blockchain take the place of a
- trusted authority like a bank. The technology is great for running cryptos, but
- it can do more than just manage currency.
- The transactions recorded on a blockchain do not have to be financial. They
- can describe any digital aspect of any asset or transaction. Land titles or
- global treaties could be recorded on a blockchain, for example.
- Tech analysts claim that blockchain technology will eventually revolutionize
- basically everything: financial services, insurance, medical care, social media,
- voting, supply chains, data storage, gambling, and on and on. Virtually
- nothing is beyond the reach of this new revolutionary force.
- To put it simply, blockchain platforms will bring lower costs and add value to
- countless industries in the years to come.
- That’s why we’re seeing so many companies investing in the space.
- Well-known, large firms like IBM, Microsoft, Walmart, Samsung, and Google
- are pouring money into blockchain technology.
- Buying stocks in these types of companies is one way to slip some
- blockchain exposure into your portfolio. But these companies are so big that
- the trend is unlikely to move the needle very much in the next few years.
- So, I’d recommend going after smaller fish.
- There’s a lot of opportunity here. And it’s growing every day. GMP Capital
- reports that at least 50 blockchain-related firms are going public in Canada in
- the coming year.
- Meanwhile, we’ve seen huge jumps in the stock prices of small blockchainrelated
- companies here in the U.S. recently.
- Now, I’m not saying you should go out and buy all the stocks with the word
- “blockchain” in them. Fundamentals have been thrown out the window for a
- number of these plays. Today, you see companies with no assets or revenue
- achieving big valuations on nothing more than the hint of a blockchain
- promise.
- In December, for example, a tiny company called Long Island Iced Tea simply
- changed its name to Long Blockchain and saw its stock rise about 300%.
- The point is that investors are excited about blockchain technology. And
- they’re clamoring for ways to play it in the stock market. This bodes well for
- those of us who are willing and able to separate the wheat from the chaff.
- In future issues of Palm Beach Confidential, I’ll have specific blockchainrelated
- stock recommendations for those of you who want to diversify your
- blockchain holdings or who want to get in on this trend without buying cryptos
- directly or trading bitcoin futures.
- Where to Be Invested Now
- How to Navigate Volatility in the Cryptocurrency Market
- By Teeka Tiwari and Greg Wilson
- After a massive rally in the so-called alt coins (an alt coin is any coin other
- than bitcoin), we’ve run smack dab into a good, old-fashioned sell-off. As of
- this writing, many big cryptocurrencies have dropped as much as 40%.
- Welcome to crypto!
- I know this sounds counterintuitive… but you need to welcome these vicious
- sell-offs. Like a cleansing fire, they clear away the excess optimism, fluff, and
- chicanery that very often follow a massive bull market.
- Sell-offs are a process of moving coins from weak hands to strong hands.
- Over the last three months, a lot of uninformed money has come into the
- crypto space, many of whom I would imagine have bought high in the hopes
- of selling higher and are now panic-selling.
- If you’ve been with us for any period of time, you’ll remember that we’ve seen
- far worse markets than this. Last summer, most of our portfolio experienced
- peak-to-valley drops on the order of 60–85%.
- Boy, that period produced some interesting feedback emails! But then, like
- now, I said the same thing: Take a deep breath; the sun will shine again. Rely
- on your rational position-sizing and just ride out the volatility.
- I don’t try to time these sell-offs because they’re often driven by what ends up
- being no news at all. For instance, fears of crypto crackdowns by South
- Korea, as well as China, are driving the recent sell-off.
- Well, let’s clear up the fake news.
- South Korea has said it will not ban crypto trading. But the government insists
- that exchanges collect identifying information from their customers the same
- way you would for a normal brokerage account.
- That is hardly an onerous requirement.
- As for China, it’s already banned crypto trading and will ban mining. So
- what’s the news that has the market quaking in its boots?
- The news is that China now wants to clamp down on peer-to-peer trading
- through sites like LocalBitcoins. Friends, compared to shutting down all of its
- exchanges that were running billions of dollars’ worth of trades per day,
- clamping down on LocalBitcoins (which does $17 million per day) is a nonevent.
- We view this as a buying opportunity and have adjusted some of our buy-upto
- prices to take advantage of the pullback.
- Before this recent sell-off, we had quite a nice rally and used it to “scoop
- some cream” off of our big winners and duck back into bitcoin. We think
- bitcoin is really cheap here. The recent surge in the alt coins has also caused
- some to abandon bitcoin in favor of alts.
- You can see it by the bitcoin dominance ratio, which measures the bitcoin
- market cap as a percentage of the entire cryptocurrency market cap. A month
- ago, it was over 60%. Now it’s under 35%.
- We’d urge caution. A concentrated portfolio of fast-moving alt coins could
- result in big losses should the market turn south.
- That’s why we recommend taking a uniform approach with small, asymmetric
- bets.
- By making uniform bets, we spread our risk across our positions. And small,
- asymmetric bets enable us to handle the volatility.
- Long-time readers know it’s a strategy that works.
- For example, if you had invested $400 in Ethereum at the time of our original
- recommendation, you would have sold 50% for an 11,000% gain worth
- $22,000.
- By selling and moving into bitcoin, not only have you taken some profits, but
- you’re also ready for our next round of opportunities.
- Let’s take a look at what’s buyable today. All new actions to take are
- highlighted in yellow.
- Bitcoin (BTC)
- Now consolidating for over a month, bitcoin is out of the limelight. However,
- behind the scenes, advancements toward scaling bitcoin continue. (We first
- wrote about them in May.) One scaling solution is SegWit. Today, over 12% of
- bitcoin transactions are SegWit. We expect that to accelerate as Coinbase
- announced it would be implementing SegWit in the near future. This will help
- alleviate the congestion you’ve likely experienced in the network.
- The other is the Lightning Network, which should be adopted some time this
- year. Lightning Network will drop transaction costs by 99% and enable instant
- payments. We believe this will cause BTC to explode higher this year.
- Action to Take: Buy bitcoin (BTC) up to $25,000.
- Ether (ETH)
- On January 4, we issued a profit sell alert on Ethereum (ETH).
- Congratulations to those who took advantage of our original recommendation.
- Let’s say you invested $1,000 at the time. If you followed our January 4
- instructions, you’d have booked a $55,000 gain and still be sitting on a
- position currently worth over $58,000.
- Action to Take: Hold ether (ETH).
- Monero (XMR)
- As one of our original picks, we bought XMR in two lots in 2016 for an
- average price of $8.45. XMR finished 2016 at $13.65, for a nice 62% gain.
- 2017 was even better as Monero advanced 2,457% to finish the year at
- $349.03.
- Congrats to everyone who jumped on Monero. 2018 is shaping up to be
- another banner year. Developers are working on improvements to security,
- privacy, and scalability.
- On the marketing side, Monero plans to continue Project Coral Reef, which
- has recruited over 50 mainstream artists, including Mariah Carey, to accept
- Monero.
- Action to Take: Hold Monero (XMR).
- Steem Power (STEEM)
- Steem broke out of an 18-month consolidation when it broke $4 in December.
- It quickly reached $8 and has since settled in the $4–6 range. One thing
- we’ve learned over the years is the bigger the base (i.e., the consolidation
- period), the bigger the breakout. So, we’re holding on tight to Steem.
- In January, Steem partnered with Datawallet. With Datawallet, you can create
- a data profile of yourself, which you can then monetize by sharing it with
- companies. It’s one step closer to taking back our data from the internet
- giants.
- Action to Take: We’re raising the buy-up-to price on Steem Power (STEEM)
- to $3.50.
- Lykke (LKK)
- In 2018, Lykke aims to be the best fiat-enabled and regulated crypto
- exchange. It also wants to be the first global marketplace to allow easy
- trading of digitized assets. To that end, Lykke is working on Alpha Engine, an
- automated trading model that will provide liquidity to the market.
- Also in the works are cards and payment systems to bridge the crypto and fiat
- world, adding LTC, ETC, BCH, and ERC20 tokens, and a web-based trading
- platform.
- Action to Take: Hold Lykke (LKK).
- Peerplays (PPY)
- Last month, we informed you that Peerplays was starting beta testing and its
- sports betting decentralized application (dApp) called Bookie. In early
- January, Peerplays announced a partnership with iGaming Creative Agency,
- Vegas Kings, to build the website. It will go live in the first quarter of 2018 and
- the Bookie dApp will be launched later in the year.
- In other news, Peerplays also announced a partnership with eXeBlock
- Technology. eXeBlock will develop four dApps for the Peerplays platform over
- the next 24 months. There are now seven dApps being built for the Peerplays
- blockchain, with more to come.
- Action to Take: Hold Peerplays (PPY).
- Neo (NEO)
- NEO finished the year at $75.96. And those who bought at the time of our
- original recommendation are enjoying a 60,426% gain.
- It was a great year for NEO. It successfully rebranded (from Antshares),
- updated its smart contract infrastructure, and developed the NEP-5 token
- standard.
- The NEP-5 standard is like the ERC20 standard for Ethereum tokens. A
- standard token contract makes it easier to list tokens on exchanges. And that
- makes it easier for the NEO platform to launch ICOs.
- NEO now has over 25 projects preparing to launch ICOs on its platform in the
- first quarter of 2018 alone. Continue to hold NEO.
- Action to Take: Hold Neo (NEO).
- Gas (GAS)
- All of the projects coming to the NEO have one thing in common: They’re
- going to need GAS to operate on the platform.
- That’s why on January 5, we raised the buy-up-to price to $45.
- Action to Take: Buy Gas (GAS) up to $45.
- Factom (FCT)
- Factom got a boost to start the year as security expert John McAfee made it
- his “coin of the week.”
- He noted Factom’s partnerships with the Bill Gates Foundation and U.S.
- Department of Homeland Security. And he mentioned how Factom is one of
- the only fully functional cryptocurrencies in existence today.
- Thankfully, we told you about all that nine months ago, when Factom traded
- at $4.20. McAfee’s tweet sent FCT briefly over $80, and it now trades around
- $65.
- This one is now above our buy-up-to price. Wait for a pullback before getting
- in.
- Action to Take: Buy Factom (FCT) up to $50.
- Ethereum Classic (ETC)
- Ethereum Classic finished the year by releasing its Daedalus wallet. Keep in
- mind it’s new software, so use it for low-value transactions for now.
- The work on Ethereum Classic will accelerate in 2018. Lead developer
- Charles Hoskinson noted how over 2017, they grew the development team
- and now have eight full-time developers. And it will continue to grow over
- 2018.
- On tap for 2018 is achieving Ethereum Classic scalability through the use of
- sidechains. (A sidechain is a separate blockchain attached to the parent
- blockchain.) The team will also be working with third-party developers to build
- apps on top of ETC. And the team plans to develop proof of concepts for how
- ETC will be used for the Internet of Things.
- Action to Take: Buy Ethereum Classic (ETC) up to $25.
- Ripple (XRP)
- Congratulations to those who followed our January 4 profit sell alert. We sold
- 50% of our Ripple position, locking in gains of 1,140.7%.
- That means if you invested $1,000 in Ripple, you were just able to take out
- over $5,700. Plus, you still have a stake worth over $3,000.
- Action to Take: Hold Ripple (XRP).
- Dash (DASH)
- Dash continues its rapid global expansion. Last month, we filled you in on
- Dash’s partnership with Uphold. That will enable 94% of the world’s
- population to buy DASH. Plus, we informed you of Dash’s partnership with
- KuvaCash, which seeks to bring DASH to Zimbabwe.
- This month, Dash partnered with Spanish firm Bitnovo. It will enable DASH
- usage in over 10,000 retailers throughout Spain. Latin American
- cryptocurrency exchange BitInka also added Dash. Now citizens of Argentina,
- Bolivia, Brazil, Chile, Colombia, Peru, and Venezuela will be able to purchase
- DASH.
- Action to Take: We’re raising the buy-up-to price on Dash (DASH) to $800.
- OmiseGo (OMG)
- The OmiseGo software development kit (SDK) recently went from alpha to
- closed beta testing. This is crucial, as it’s one of the final steps before
- releasing the SDK. Once released, developers will be able to incorporate the
- OmiseGo wallet into their own programs.
- Further, one of OmiseGo’s strategic partners, a large multinational company,
- is now using the OmiseGo SDK to develop one of the first live use cases.
- Expect more news in the first quarter of 2018.
- Action to Take: We’re raising the buy-up-to price on OmiseGo (OMG) to $20.
- ZenCash (ZEN)
- When we originally bought ZEN, we put on just a half position due to its
- volatility. The plan was to buy the second half on the first 50% pullback from
- the high after we buy.
- ZEN never did fall 50%. But with the positive developments we see in the
- pipeline, we wanted to make sure everyone got a full position. So on
- December 22, we put on the second half of our ZEN position. It’s now well
- above our buy-up-to price, but continue to hold ZEN if you own it.
- Action to Take: We’re raising the buy-up-to price on ZenCash (ZEN) to $40.
- Storj (STORJ)
- Storj recently released an upgraded billing platform, and it now accepts
- STORJ as a form of payment for storage space. It’s part of Storj’s plan to
- increase the utility of its token. Plus, for a limited time, those who pay in
- STORJ will receive discounted pricing.
- The company also announced a bounty program that covers everything from
- development to marketing. The way it works, individuals can earn STORJ for
- completing specific tasks. Storj is looking to improve its Libstorj library,
- provide more translations, do marketing videos, and more. Expect to see
- more of Storj in the news cycle in 2018.
- Action to Take: Buy Storj (STORJ) up to $1.
- Short-Term Cryptocurrency Portfolio
- Iconomi (ICN)
- Iconomi and the crypto funds on its platform finished the year with $200
- million in assets under management. That’s an impressive feat considering
- it’s been open less than half a year. And it continues to improve the platform.
- DAA managers can invest in even more coins now. Iconomi added 15 new
- coins to the platform last month.
- Iconomi is now open to users in 187 countries (but not the United States).
- That may not matter soon, as funds that meet the minimum requirements will
- get tokenized. And that means we’ll be able to buy them on cryptocurrency
- exchanges like Binance.
- Action to Take: We’re raising the buy-up-to price on Iconomi (ICN) to $2.
- NEM (XEM)
- We added NEM to the short-term cryptocurrency trading portfolio in early
- June. At the time, it traded around 24 cents.
- It then went sideways for the next six months. Kudos to all the patient holders
- out there. We sent out a profit alert on January 4, selling 50% of our NEM
- position at $1.69 and locking in gains of 609.2%.
- Action to Take: Hold NEM (XEM).
- Wings (WINGS)
- Wings, the blockchain platform dedicated to the launching, backing, and
- promoting of new cryptocurrency projects, is solving one of the big pain points
- for new projects: getting their token listed.
- In December, Wings announced a partnership with Aurora, a decentralized
- cryptobanking and financial platform. One of its products is IDEX, its
- decentralized exchange. Going forward, all projects launched through Wings
- will also get listed on Aurora’s IDEX exchange.
- Action to Take: We’re raising the buy-up-to price on Wings (WINGS) to $1.
- Lisk (LSK)
- Lisk holders were rewarded for their patience when we sent out a profit sell
- alert January 4.
- By selling 50% of our LSK position, we locked in profits of 1,643.8%.
- Remember, we advised converting your LSK back into BTC. And holding onto
- that BTC for future opportunities.
- Action to Take: Hold Lisk (LSK).
- Waves (WAVES)
- Waves finished the year with a bang. It released its new consensus algorithm,
- Waves-NG, which means Waves can now process 1,000 transactions per
- second.
- It also partnered with Tokenomica to provide a 100% compliant legal
- framework for token crowdsales, including private equity crowdsales.
- Then it launched the Waves Lab blockchain incubator. The incubator will
- provide up to $300,000 for pre-ICO startups.
- And finally, Waves launched a blockchain venture capital fund called Basics.
- The fund will focus on investing in promising blockchain infrastructure
- projects.
- Action to Take: Hold Waves (WAVES).
- Basic Attention Token (BAT)
- Brave, creators of the Basic Attention Token and Brave browser, announced a
- partnership with DuckDuckGo, an internet privacy company. The Brave
- browser will now have private search tabs, much like Google’s incognito
- mode. The integration will happen in the first quarter of this year.
- Action to Take: Buy Basic Attention Token (BAT) up to $0.35.
- Syscoin (SYS)
- Syscoin’s parent company, Blockchain Foundry, recently raised $3.3 million in
- a private placement. The funds will be used to expand the software
- development team, build new proprietary software products on the Syscoin
- stack, and for Blockchain Foundry to go public in the first quarter of 2018.
- Action to Take: Buy Syscoin (SYS) up to $0.30.
- MaidSafeCoin (MAID)
- To end the year, MaidSafeCoin launched its Community Engagement
- Program. The program will encourage developers to propose new innovative
- functionalities for the platform.
- The way it works is that applications for new projects can be submitted on the
- SAFE Network Forum. Requests that get enough support will then move to
- the proposal stage. And the winning project will be awarded MAID for funding.
- Action to Take: Buy MaidSafeCoin (MAID) up to $0.50.
- Aragon Network (ANT)
- Aragon just established Aragon Nest, a grants program to support the
- development of the ecosystem.
- The program is being done in conjunction with Placeholder Capital, a
- cryptocurrency hedge fund. It’s led by Joel Monegro and Chris Burniske.
- Monegro is a former analyst with venture capital firm Union Square Ventures.
- And Burniske is the former lead crypto analyst at ARK Investment
- Management.
- The goal of the grants program is facilitating projects that will not only help
- Aragon, but the Ethereum network as a whole as well.
- Another thing to watch with Aragon is its transparency report. Aragon raised
- 275,000 ETH in its token sale when ETH traded around $125. It’s much more
- valuable now.
- As of January 2018, Aragon still holds over 262,000 ETH as well as 7.4
- million ANT. Combined, they’re worth $375 million. Meanwhile, Aragon’s
- market capitalization is $224 million.
- Action to Take: We’re raising the buy-up-to price of Aragon (ANT) to $8.
- SALT Lending (SALT)
- On January 8, we raised the buy-up-to price of SALT Lending.
- The platform successfully launched on time at the end of December. In the
- first week alone, it funded $7.1 million in loan requests and received funding
- requests for another $550 million. That’s more demand than anyone
- expected.
- Further, the company announced that loans could be paid using SALT tokens.
- Here’s why that’s important: The retail rate (the rate SALT Lending will
- accept) is $27.50. At the time of our alert, SALT tokens were trading around
- $11 in the open market.
- As news of this deals spreads, we’ll see the price of SALT reach parity with
- the retail price.
- Action to Take: Buy Salt Lending (SALT) up to $20.
- Stellar Lumens (XLM)
- We’ve now successfully traded XLM twice for gains of 207.2% and 134.8%,
- both in less than a month.
- On December 20, we put out a third buy alert on XLM. It has since moved
- well beyond our buy-up-to price. But continue to hold. We expect good things
- in 2018.
- Stellar recently completed its Stellar Build Challenge. It’s a contest for
- developers to build applications on the Stellar platform. Stellar judges
- awarded 5.7 million XLM across 35 projects.
- Also, for those of you who use Ledger devices for storage, XLM is now
- supported.
- Action to Take: Hold Stellar Lumens (XLM).
- Aion (AION)
- On January 2, we sent out a buy alert for Aion. Its blockchain network focuses
- on interoperability. It’s developing a protocol to seamlessly integrate
- blockchain systems. Whoever can solve this problem will become very
- valuable.
- We like that Aion is a project of Nuco, a blockchain infrastructure company
- that’s also a leader of the Enterprise Ethereum Alliance.
- Action to Take: Buy Aion (AION) up to $10.
- EOS.IO (EOS)
- On January 4, we sent you a profit alert, selling half of our EOS position and
- locking in gains of 696.5%.
- As an example, someone who invested $400 into EOS at the time of our
- recommendation would have taken profits of $1,393. That more than covers
- your original investment and gives you firepower for your next move. Plus,
- you still have an EOS stake worth $1,590 at the time of this writing.
- Action to Take: Hold EOS.IO (EOS).
- Binance (BNB)
- Kudos to all those who jumped on our December pick, Binance. We’re now
- up over 1,000%. The cryptocurrency exchange is a classic pick-and-shovels
- play on the industry.
- As more people come into the industry, trading volumes will rise, and Binance
- will be there to capture a good chunk of that volume. Already, Binance has
- increased its daily volume from less than $100 million in July 2017 to $6
- billion per day now.
- Action to Take: Hold Binance (BNB).
- Qtum (QTUM)
- We recently added Qtum to the short-term portfolio on January 8.
- Action to Take: Buy Qtum (QTUM) up to $65.
- Dragonchain (DRGN)
- We recently added Dragonchain to the short-term portfolio on January 8.
- Action to Take: Buy Dragonchain (DRGN) up to $5.
- Worldwide Asset Exchange (WAX)
- We recently added the Worldwide Asset Exchange to the short-term portfolio
- on January 8.
- Action to Take: Buy Worldwide Asset Exchange (WAX) up to $1.40.
- Cardano (ADA)
- We recently added Cardano to the short-term portfolio on January 12.
- Action to Take: Buy Cardano (ADA) up to $0.90.
- Power Ledger (POWR)
- We recently added Power Ledger to the short-term portfolio on January 17.
- Action to Take: Buy Power Ledger (POWR) up to $0.85.
- Stocks
- Invitae (NVTA)
- Invitae announced preliminary full-year 2017 results. Volume grew to over
- 134,000 samples for year-over-year growth of 127%. And revenues grew
- 136% to $59 million for the year.
- For 2018, Invitae is expecting to grow samples to at least 250,000 and
- revenues to over $120 million.
- Despite the good news, Invitae dropped on the news. Wall Street was
- expecting a better 2018 revenue growth rate. Keep in mind, though, that this
- is just a preliminary assessment and management has yet to finalize
- expectations for the year.
- Action to Take: Buy Invitae (NVTA) up to $12.
- Connecticut Water Service (CTWS)
- On January 17, we closed out of our long-term holding CTWS. We locked in a
- 62% profit.
- Action to Take: Sell Connecticut Water Service (CTWS)
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