40 hedge funds are about to flood billions into this market
From Nick Rokke, Analyst, Palm Beach Letter:
MetaStable is one of the best-performing hedge funds over the past three years.
Since it was created in 2014, the fund has quietly racked up gains of over 1,000% for early investors.
You probably haven’t heard of MetaStable. That’s because it’s not a traditional hedge fund. It operates stealthily.
It doesn’t buy stocks… or bonds… or real estate.
MetaStable only invests in cryptocurrencies. It has stakes in bitcoin and several other digital coins.
Here’s why I’m telling you about this obscure fund: It’s a trendsetter.
You see, those outsized gains are attracting dozens of new hedge funds to the cryptocurrency space.
Just recently, 15 new hedge funds entered the market.
Another 25 are seeking regulatory approval to start accepting investments.
Once these 40 funds get set up, billions in new capital will follow them.
It’ll be like a Black Friday crowd at Best Buy. The first few people will get the best deals. But eventually, the deals will run out.
Right now, there are deals to be had in the cryptocurrency space. And we want you to get positioned today.
Big Money Is Taking Notice
Small investors like you and me can’t invest in a hedge fund like MetaStable.
But the big boys can. And they’re going to create a rising tide that lifts all our boats.
Let me explain…
Andreessen Horowitz and Sequoia Capital are two of the most highly respected venture capital firms in Silicon Valley.
These funds were early backers of social media companies like Facebook, LinkedIn, and Twitter… They’ve multiplied their money 100 times or more on these investments.
When these guys make investments, we should take notice.
Today, they’re turning their attention to the cryptocurrency space. Rumor has it that they’re secretly backing MetaStable.
This is big news that very few people know about. But that’s why you turn to the Daily. We’re always looking for off-the-radar opportunities.
You see, Andreessen Horowitz and Sequoia’s involvement in MetaStable signals that a flood of money will flow into the cryptocurrency space.
That’s because other big money often follows their trail. Just like we saw in the social media space.
I wanted to see how much this flood of money would raise bitcoin prices.
So I reached out to my colleague, PBRG analyst Greg Wilson. He’s one of the best cryptocurrency experts in the business.
Greg told me that hedge fund investing could push bitcoin prices to $45,000 per coin. I balked at hearing that and asked him how this could happen.
Here’s what he said…
Nick, five years from now I expect hedge fund investment into bitcoin to reach $1 trillion. And that would put the bitcoin price in the $45,000 range.
(Greg lays out a more detailed case for his estimation in “Three Reasons Why Bitcoin Could Reach $10,000 (Or More).”)
Greg’s projections might seem extreme… But compared to some other estimates out there, his views are conservative.
For instance, Chandler Guo, who runs one of world’s largest bitcoin mining operations, predicts bitcoin could one day hit $1 million per coin.
And cybersecurity legend John McAfee (the creator of the McAfee antivirus software) believes bitcoin will reach $500,000 in three years.
If not, he’ll do unmentionable things on prime-time television.
We’re sure McAfee was joking about that. But he’s dead serious about bitcoin’s potential for continued exponential growth.
Now Is the Time to Get In
Greg says the easiest way to get into the cryptocurrency space is to buy bitcoin.
You see, bitcoin is like the reserve currency of the entire cryptocurrency space. Hedge funds will need to buy bitcoin before they can purchase most other digital coins.
Bitcoin is trading around $2,700 per coin. But you don’t need to buy a full coin. You can buy it in fractions of $200, $100, $50, or even less. That way, you can just get your feet wet to start.
Big money is rushing to this market. If you like making money, then you should get ready now to ride this coming surge.
Nick Rokke, CFA
Crux note: The technology behind bitcoin is called the blockchain. And hedge funds aren’t the only ones getting in on this blockbuster trend.
Right now, 13 major governments, 20 major central banks, and more than 140 of the world’s largest corporations are jumping board blockchain technology, too. Experts at the World Economic Forum project a stunning 40,000% surge in growth in this area.
Early investors in blockchain technology can see 5x, 10x, even 100x profits in the coming months. Learn more here…