| By Teeka Tiwari, editor, Palm Beach Daily Bitcoin has pulled back since hitting its all-time high around $58,300 late last month. And I couldn’t be more excited. Let me explain… Long-time readers know volatility is the price we pay for realizing massive returns – like my paid-up subscribers, who last Monday had the opportunity to book massive gains of around 37,500% on several of my altcoin recommendations. So, today I’ll explain why a pullback is actually great news for us… And how it’ll help us take advantage of the biggest bull market we’ll ever see in crypto. Why a Deeper Pullback Would Be Great On February 21, bitcoin hit an all-time high above $58,300. Since then, it’s pulled back to as low as $42,000… Currently, it’s trading around $49,000. What’s funny is, over that short period of time, I’ve had so many friends – personal friends who’ve known me for a long time – call me and say, “T, is this the Crypto Winter all over again? Should we be worried?” I said, “No. Hold on a second. This is crypto. This isn’t investing in Dow Jones blue-chip stocks. Volatility is the name of the game. The key is making volatility work for us.” | Recommended Link | Buy This Ticker Now: Projected To Jump 1,530% With experts projecting gains as high as 1,530% by the end of this year… If you don't buy this ticker, you'll regret it later. Forbes has already confirmed that when all is said and done, "a new class of millionaires may emerge." | | | -- | Remember, markets climb a wall of worry. If everybody is super-excited about an asset, it’s usually not a great time to get in it. So I love it when fear comes back in the market. From a purely selfish standpoint, I’d love to see bitcoin dip into the $30,000s again. Will it? I don’t know… But if it does, I’ll be greeting it with glee instead of fear. Now, I know a lot of people are probably thinking, “Oh, Big T, why would you want to see it go down like that?” The #1 Tech Stock of 2021 For a couple of reasons… First, my buy price for bitcoin is up to $40,000. So a pullback would put it even further back into buy range again for my readers. And second, you need these horrible, horrific, scary selloffs to bring fear back into the market. These cooling off periods give bitcoin time to breathe before it takes off again… 2021 Will Be the Biggest Crypto Bull Market You’ll Ever See I want you to hear me closely when I tell you this: We’re at the beginning of what will be a gigantic bull market. Here’s why… If you’ve been following me long enough, you know I’ve been betting on Wall Street’s greed for fees driving them into crypto assets. Financial institutions have trillions of capital at their disposal… and it will only take a tiny fraction of that capital to send crypto prices rocketing even higher. But here’s the thing… | Recommended Link | | Man Who Recommended Tesla in 2018 Says “Now Is the Time” As stocks keep shooting higher, the investment analyst who picked some of the biggest tech winners in recent years – including bitcoin in 2015 and Tesla in 2018 – and who also foresaw the 2020 crash 45 days early… has now made another major prediction. If you have any money in the market, this is a can’t miss interview. Already, over 9.8 million people have seen this stunning video. | | | -- | Institutions can only come into an asset for the first time once. We’re on the cusp of broad-based adoption of cryptos. And you only have one chance to get in before Wall Street does. Once the window closes, it will close for good. Let’s just take bitcoin as an example… According to Business Insider, bitcoin demand is so great that PayPal and Square’s customers are buying nearly every single new bitcoin mined. So those bitcoins are out of the market. And just last week, we saw the launch of a new bitcoin exchange-traded fund (ETF) in Canada… It hit a record of over $560 million in assets under management in no time. One analyst said it was equivalent to about $5 billion in volume on a U.S. exchange. This is insane… When the first gold ETF launched in 2004, it took it almost three days to reach $1 billion. It’s only a matter of time before we see a bitcoin ETF in the United States… And the inflows will make the biblical flood look like a puddle. According to the U.S. Census Bureau, nearly 32% of Americans have retirement plans like a 401(k). That’s a $5.3 trillion pool of capital. Let’s be conservative and say 1% of that migrates to a bitcoin ETF. That’s $53 billion right there. Millionaire’s Big Prediction From Living Room Couch On top of that, Visa just announced it will issue bitcoin reward cards. So of course, other companies will follow. The top four card issuers, Visa, Mastercard, American Express and Discover generated nearly $7 trillion in purchases alone last year. Can you start to see the potential here? There will be a huge demand for bitcoin... But where will the supply come from? Well, they’re not getting my bitcoin – at least not yet. And there’s a huge population of HODLERS like me who won’t sell their bitcoin, either. We’re waiting for much higher prices. (HODL is a misspelling that’s come to mean “hold on for dear life,” so a HODLER is a long-term bitcoin holder.) That means anyone who wants to buy bitcoin will have to go into the open market… and pay whatever the market is asking. Do you understand how bullish this is? And there’s no way to create more bitcoins beyond its current emission schedule. It’s not like gold. If all of a sudden demand for gold exploded… gold miners would ramp up production, which would eventually bring prices down. You can’t do that with bitcoin. The supply is strictly controlled by its algorithm. This is what the world doesn’t understand. Bitcoin prices will go ridiculously higher. And as they go higher, the whole crypto market will go higher along with it. | Recommended Link | | Investing Genius Reveals His Winning Formula For the first time ever… Bill Bonner – founder of the largest “underground” financial research firm in the world – has released his winning formula: TS = rv (w-w – w-l) Analysts are calling it, “Bonner’s Law.” And it raises a crucial question: “Ours is not a formula for action… And it leads to a shocking and treasonous question: … If [deep state faction] only traffics in win-lose deals, why do we allow it?” Once you know Bill’s secret formula… you’ll never look at the world in quite the same way ever again. He explains all the details in his latest – and last – book. | | | -- | Volatility Is the Price We Pay to Make Millions But will this happen a straight line? No, of course not. We saw that in 2018 Crypto Winter when bitcoin plunged as much as 84%… only to rocket to new highs this year. So it’s naïve to think bitcoin (or any other asset for that matter) will go up in a straight line. I’ve said for years that volatility is the price you have to be willing to pay for life-changing gains in crypto. You won’t see these huge upcycles without some huge down cycles, too. But there are so many people who aren’t willing to pay that price. They bought bitcoin at $57,000… watched it dropped to $42,000… and sold it. And you’ll see it happen again and again. It’s the unfortunate nature of most humans. They’re just not wired to make a lot of money from a volatile asset. But you are… If you’ve been with me over the long term, you know how I approach crypto. We use small, uniform position sizes so we can deal with massive paper losses. That’s how we got through the Crypto Winter. And it’s how we’ll get through future pullbacks. Friends, my job is not only to find great ideas for you… It’s to make sure you survive the rough times… to help bring you through… to give you that courage of your convictions… and get you across the finish line. So don’t give up at the 1-yard line. Trust the research. Follow our risk management. And let time do the heavy lifting. And along the way, we’ll continue to “scoop” some cream off the top just like I did last week before bitcoin’s big drop. Let the Game Come to You! 
Teeka Tiwari
Editor, Palm Beach Daily P.S. Right now, I’m seeing a new opportunity in the crypto market – even bigger than when I recommended bitcoin at under $400 in 2016. It involves a new subclass of cryptos called “Tech Royalties.” And they’re about to completely disrupt the traditional financial system. Tech Royalties are a brand-new way for blockchain projects to drive the adoption of their technology by allowing investors to take part and cash in as the projects grow. These special cryptos are making massive gains of 3x, 5x, 10x, and more… And on top of those life-changing gains, they generate huge slugs of income with annual yields as high as 300%. I’ve put together a special presentation to explain it all right here…
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