“The time to buy is when there’s blood in the streets.” That sounds harsh, but it is an often-quoted investing axiom credited to Baron Rothschild. Maybe he could have put it a little more gently, but history tells us he’s right. When there is crisis in the markets, there is also great opportunity. The member of the wealthy Rothschild family made a fortune in the early 19th century when he bought investments during the famous Battle of Waterloo that ended Napoleon’s reign. That very same strategy of buying when everyone else is selling helped mint many millionaires and even billionaires over the years. I had that in mind seven weeks ago when I started a portfolio that’s up 23.4% since.

The world has been living under “social distancing” rules for two months now – even longer in some places. It typically involves staying at least six feet away from others and avoiding crowded spaces. The good thing about social distancing is that it’s a proven tool for fighting pandemics and preventing new outbreaks. But from a financial perspective – which is our perspective – the bad thing is that social distancing forces a lot of great businesses to set out the “Closed” sign. The good news is that some of these businesses are already showing early signs of roaring right back. In tomorrow’s Monthly Issue of Early Stage Investor, I explain how this meteoric rebound is creating the best opportunities.

If you’ve met me, seen me speak, or listened to my podcasts, you know how much I love talking about stocks. I could go on and on and on… sometimes I do! But I always want to make sure I’m talking about what you want to hear. So from time to time, I like to poll my Twitter followers to find out what topics they want me to discuss on my weekly MoneyLine podcast. I got some great responses this week, and I want to thank all who submitted ideas. Covering absolutely every request all is but impossible – but I’m going to do my best! I received a few requests driven by what we’ve seen in the market, and they raised an important point.

It’s here… as of about two hours ago. I’m talking about bitcoin’s much anticipated “halvening.” We talked about it in the very first MoneyWire of 2020, but the rest of the financial world finally paid a little bit of attention to it today. A lot of websites and cryptocurrency enthusiasts were in party and countdown mode all day. Cointelegraph.com held a seven-hour watch party livestreamed on YouTube. Bitcoin Magazine hosted a 21-hour live stream that started at midnight. I can talk for a long time when I’m passionate about something, but 21 hours is crazy. Thehalvening.com counted down both the number of bitcoin blocks and estimated time until the halvening occurred.

It was actually a decent week for the stock market despite some headwinds, including Friday morning’s jobs report that showed the unemployment rate and the number of people filing for unemployment jumped to the highest levels since World War II. And yet, stocks rallied on Friday. In this week’s MoneyLine podcast, I dive into the markets and break down that historic jobs number. Even though it was big, there was a silver lining… and that’s why stocks gapped higher at the open and rallied into the weekend. Did you know that the Nasdaq is actually up in 2020? My favorite sector is up 6.5%... And my favorite asset class outside of stocks is up 40%! I talk about all three in the podcast.

The countdown is now in its final stages, and I’ve just released my last recommendation before it happens. The estimated day for the massive crypto catalyst we’ve been waiting for keeps getting sooner and sooner. A few months ago, bitcoin’s halvening was expected around May 20. A couple of weeks ago, it had been moved up to May 13. Then May 12… It’s now estimated to happen on May 11 – just three days from now. If you’re a regular MoneyWire reader, you know how big this is… and time is running out. Bitcoin’s halvening cuts the supply of new coins coming onto the market in half.

s it just me or are the scammers even more active these days? More text-message scams seem to be sneaking by than usual, from real estate “deals” to fake warnings about coronavirus exposure. We’ve also seen scammers call people and exploit the government stimulus checks to try and get their bank account numbers. Alphabet (GOOGL) reported in mid-April that it detected 18 million COVID-19 email scams in a week. That included malware attachments plus “phishing” scams.

I knew a lot of you were interested in cryptocurrencies, but the response from my 2020 Crypto Millionaire Summit: Last Call has been through the roof. When I explained the massive catalyst that is just a few days away – and the life-changing gains that occurred the last two times this event happened – you and your fellow investors wanted to know more. Not surprisingly, I’ve received a lot of questions, which I completely understand. Bitcoin has been around for 11 years now, but it’s still considered new and not well understood by a lot of people. And altcoins, which are a bigger opportunity, are even less known and understood. I now realize just how many of you want in on the opportunity.

The month of April is in the record books as one of the best months for stocks – ever. The S&P 500 rallied 12.7%, marking its third largest one-month gain of all time and its best performance since 1987. But of course, now that we have flipped the calendar to May, investors’ focus turns back to the old Wall Street adage: “Sell in May and go away.” It shouldn’t. In this week’s MoneyLine podcast, I talk about where I think the markets are heading and why history isn’t always the best indicator. I also share the results of last week’s investor question and give you my thoughts on which investment is the best to buy today.