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Dear Reader,In today’s special update, I’ll show you how the current weakness in the crypto market is mirroring the Nasdaq’s in 1990.We call this relationship the “Analog” because today’s crypto market is 87% correlated to the Nasdaq of 1990.While the Analog isn’t a crystal ball, it’s been incredibly accurate. Its latest lesson could end up putting millions of dollars into your pocket… and have you avoiding the biggest mistake I made in the 1990s.Click the image below to watch the video. To read the transcript, scroll down.Crypto CornerBe sure to visit the 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.You’ll also find our wallets and exchanges list. It will show you which exchanges you can buy all our recommended coins on and which wallets we recommend holding them in.Hello, friends, and welcome to a very quick video. I know I just did a video yesterday, but I’ve been getting a lot of hate mail lately. When the hate mail ramps up, especially when it starts filtering through into some of my social media stuff and people are tracking me down, I know it’s serious.So, I wanted to put this video together very quickly to again reiterate things that I’ve already told you before and to really get clear about where we are… and about how the fact that where we are right now is totally normal, and it is a precursor to actually going much, much higher in price.Now, I know as we’re sitting through this, it’s very difficult to believe—which I understand.What I have is the benefit of being in the industry—in finance—for a long period of time since the 1980s. I got involved in Wall Street in 1989. I started managing money for myself and for my clients by the time I was 19. This is—as you know, we’ve created this “Analog” between the Nasdaq Composite and the current crypto market. What we’ve found is that the current crypto market is tracking the Nasdaq of the early ’90s to about an 87% rate. So, it’s highly correlated to what I saw back in 1990.Back in 1990, we were all buying tech stocks and then we just had this horrible crash. And you can see it looks very much like the crash that we’ve seen in the first few months of 2018 in cryptocurrency. Remember, in March, I said, “Look, we are going to see some bullish news come out. We’re going to see institutions talking about coming into this market, and you’re going to see this market take off.”What was guiding me through this was the Analog. And of course, that’s exactly what happened. We saw some good news come out. We saw the entire market cap of the crypto market go from $250 billion to about $500 billion, and now the crypto market is selling off. Now look, the Analog warned us this would happen. The Analog doesn’t tell us how far up crypto is going to go in that first run off the bottom before it pulls back. But it tells us that you will get a pretty significant run off the bottom and then you will get that first-stage pullback.This is what it was like in late 1990, living through that first pullback. I had survived all of this and managed to hold on to my clients through this rally. And then all of a sudden, this market started rolling over. And looking at it from here just with this data, the fear was, “Oh my God, is it going to make a new low?” Now, I wasn’t getting the level of hate mail I’m getting now because we didn’t have email then, but I was certainly getting some angry phone calls.“Teeka, you said…; But Teeka, you said…; Teeka, you said things would improve by the end of the year; Teeka, you said that institutions were going to start using this technology; Teeka, you said the adoption of this technology was going to be more rapid; I’m reading things in the paper all the time saying that this technology is worthless and slow and doesn’t do anything.”A lot of the same issues that I deal with now in crypto, I dealt with in 1990. In 1990, you’ve got to remember how new technology was. The average person did not have a desktop computer in their home. Very few people had cell phones. The average person didn’t interact with technology the way we did today. The idea that, one day, everybody would have a phone in their hand and a desktop computer at home was ludicrous. You’ve got to remember—if you were around back then—how analog the world was.So, here I am, 19 years old, telling everybody enthusiastically that their whole world is about to change, and what I’m saying is not being verified by the price. The price of the market is saying something completely different from what I’m telling my clients, and so my clients are getting pissed. They’re getting upset. They think that I’ve made a mistake. The thing to remember here is that markets aren’t rational. Over the short term, markets move for all different types of reasons. People get scared. Psychology comes into play.They lose faith in the underlying technology that they’ve invested in, or maybe they didn’t do a deep dive on it and they just got involved because it was the hot thing to do. So now it’s going down in price, they don’t understand what the big picture is, and they say, “Ah, you know what? Let me just at least get something.” And they sell. That’s exactly what happened in 1990.Again, then—like now—people were afraid, “Oh my goodness, what happens if we revisit that overflow?”—because it certainly looked like it was flowing off a cliff. We have a lot of people now that are experiencing that with crypto.So, this is a chart of the crypto markets here, so you can get an idea of what this looks like. If you compare it to the Nasdaq chart, look how similar it looks… Just this big move down. This bottom, a big rally up, and now this rollover. It’s the same rollover that we saw here. Friends, I have seen this movie before.Some of the mail that I’m getting right now says, “Hey, I was up X multiple millions of dollars and now I’m only up Y multiple millions of dollars. Why didn’t you tell me to sell when I was up X multiple millions of dollars?” The bottom line is you’re still up millions of dollars, but why didn’t I tell you to sell when you were up even more money?Look, there’s two things here. One, if you find yourself up a certain amount of money that completely transforms your life and completely removes the need for you ever to need money again, then you have to make that decision whether you take those profits off the table and put them somewhere else, right? You have to take that personal responsibility because if I had suggested that we take profits at a certain level and then it 10x’d again, then the email would be, “Well, I would’ve made $100 million instead of $10 million.”So that’s the first part. The second part is: The reason why I have not aggressively taken profits in some of these previous bull moves like in here and in here is because we still have so much more upside ahead.And if we look at the Nasdaq—which we are using as our Analog—you can see that once this pullback and this sell-off was over. Look at the explosion that comes afterwards, the explosion in value. So, we go from 337 to 640 on the Nasdaq. You just get this explosion in value, and this is what is waiting for us on the other side of this.Once this is done—and I don’t have a crystal ball, so I don’t know how long that takes—once that’s done, just like here back in 1990, once that bit is done, that’s next. The gains on the next rally higher are going to dwarf the gains that we saw last year, in my opinion. The gains moving forward will be so much larger.In this space, I’m playing the long game. The biggest mistake I made in the 1990s was selling my shares too early. The biggest mistake I made cost me tens of millions of dollars in lost profits. Across my clients’ portfolios, the numbers were probably in the hundreds of millions of dollars in lost profits from selling too early. Because as I pull back the camera based on my almost three decades of being in finance and trading and investing, what it tells me is that this is the endgame. Look at this. Look at this explosion in value from 1990 on the Nasdaq, from 322 to over 5,000.That, my friends, is what I’m playing for. That is what I’m trying to put you in the position to experience—this type of mind-altering wealth that can take place when you see a market that just gets inundated with institutional capital. So, that’s my aim; that’s what I’m doing. That’s what I’m attempting to do for you—put you in that position to just make an astonishing sum of money.Is it going to be easy? No, it’s not going to be easy. There’s going to be days when you regret and say, “Oh, why didn’t I sell it here? Why didn’t I sell it there? Why didn’t I do this? Why didn’t I do that?”At the end of the day, I will tell you, if you hit a number that solves all your problems, then you have to do what’s in the best interest for you and your family. I’ve always been very clear with you that my goal is to put you in a position to make absolutely as much money as possible throughout this entire crypto boom that I believe is going to result in a multitrillion-dollar cryptocurrency market.So again, if you feel your fingers itching, ready to send me some hate mail, do me a favor: watch this video again. I beg of you, watch this video again. Take a deep breath. Know that we’ve been here before. I have seen devastating volatility like this four times since 2016—four times. Every single time, we have ripped back to new, all-time highs. Every single time, it would’ve been a massive mistake for me to just take the whole portfolio to cash… a massive mistake.I’m not going to make that mistake again, friends. I’m 47 years old. It’s taken me 27 years to wait for another opportunity like this. I don’t know if I’ll be alive for the next opportunity like this—I hope I will. I don’t know if I will be.So my job for me, for you, for our own wealth creation is to do everything I can in my power to make sure that we are positioned in this market for the massive moves that are still coming ahead.All right, friends. That is enough out of me. If you have any questions—of course, I can’t answer any personalized investment questions—please send them in. If you have any comments, I’d love to hear them. I don’t mind criticism, but you know what? Let’s keep it civil.All right, friends, that is enough out of me. I will catch up with you in the next video, and I want you to always remember: Let the Game Come to You!See past issuesPublished by Palm Beach Research Group.©    document.write(new Date().getFullYear());  Palm Beach Research Group, 455 NE 5th Ave Suite D376, Delray Beach, FL 33483, USA.All rights reserved. You may not republish, upload, post, transmit or otherwise distribute any Palm Beach Research Group content to online bulletin and message boards, blogs, chat rooms, intranets, or in other any manner, without our prior written authorization. Any modification or use of the content for purposes other than your personal, noncommercial use is a violation of our copyright and proprietary rights, and may subject you to legal liability and result in the cancellation of your services. Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. 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