(Recorded on 07/27/21) Topics covered on this video coaching call In this special video training, trading coach Jerry Robinson provides his latest update on cryptocurrencies in his long-term portfolio. Included in this video: – Rumors that Amazon will accept...
Segment 1: The Rise of Bitcoin
SEGMENT BEGINS AT 00:45
Trading coach Jerry Robinson shares with listeners some of his core cryptocurrency investing principles now that we are fully entrenched in another potentially boom-bust cycle in 2021.
- Bitcoin has gone from $10,000 to nearly $60,000 in the last six months
- Bitcoin prices moved according to boom-bust cycles in 2013 and 2017
- Is it too late to invest in cryptocurrencies?
- How we personally allocate our investable funds into cryptocurrencies
- Are you a new cryptocurrency investor? Learn much more with our “Bitcoin 101” video
- The Fed is providing legitimacy to Bitcoin by equating it to gold (a 6000-year old asset)
- Bitcoin is finite: There will only be 21 million Bitcoin mined… ever
- NOTE: Bitcoin and cryptocurrencies are much more speculative than gold
- Our 2025 Bitcoin price target: $275,000 (we issued this when Bitcoin was at $10,000)
- Institutions are starting to add Bitcoin to their balance sheet due to its finite supply
Segment 2: A Word of Encouragement
SEGMENT BEGINS AT 31:14
Trading coach Jerry Robinson shares a cherished jewel given to him from a new member.
Segment 3: The Final Word w/ Jerry Robinson
SEGMENT BEGINS AT 33:37
Jerry closes out today’s show with a reminder that when you focus upon helping other people, there’s a treasure to be found.