I make it my business to research and study cryptos – not just a surface study – but studying the cryptocurrency market obliquely.
I know it’s weird but it is my approach and it digs up valuable gems of information that can really help the serious cryptocurrency investor invest his/her money wisely in cryptos.
Well, here is something that I uncovered:
In mid-December, the first ever Bitcoin futures are scheduled to launch. Why is this important?
Because this will be a signal for hedge fund managers to enter into cryptos and invest in Bitcoin. Luke Ellis, the CEO of Man Group, a U.K. investor with $95 Billion in funds under management stated so publicly. (Read Article Here)
Many hedge fund managers already have money set aside to buy Bitcoin even if the mid-December futures launch is delayed.
When this big money jumps onto the Bitcoin bandwagon, the value of Bitcoin will skyrocket. Remember, Bitcoin is capped at 21 million coins and there will never be more than that. If one understands the Bitcoin algorithm they would know that mathematically it is not possible to create more than 21 million Bitcoin.
It is simple supply and demand economics: When you increase demand for a fixed asset, prices naturally rise. As more Bitcoin is purchased by this big hedge money I just referred to, so does the price of Bitcoin increase. (Some of the other popular cryptos such as Ethereum, Litecoin, and others should see an increase in value as well).
I will keep an eye on the futures launch and you posted. Join my mailing list and get instant updates as they come in. (See form below or in the sidebar)
My advice is to buy Bitcoin, Ethereum, Litecoin, and, ZCash now if you haven’t already. Hold these coins for the long-term.