Bitcoin is Now Up 20% YTD – But That’s Nothing…

Three weeks into the new year and already the stock market has been hit with plenty of headlines. Futures swung around wildly overnight when the U.S. and Iran traded missile strikes in Iraq… and it’s happening again with a new virus out of China called the coronavirus.

This is a good example of why you need more than just stocks in your portfolio.

Days after hitting new highs, the S&P 500 is up just 2.7% for the year so far. But so is gold, which usually gets people’s interest in times of trouble.

Meanwhile, bitcoin is up 20%. That’s better than gold did in all of 2019.

And frankly, in the world of cryptocurrencies, that performance is nothing.

Take a look at this chart comparing bitcoin’s recent move to some other cryptocurrencies, known as altcoins:

Bitcoin Cash (the red line) gained 67%.

Zcash (the orange line) climbed 86%.

And Dash (the blue line) was up an unbelievable 160%!

I showed you a similar chart just the other day, and those returns have just kept climbing. Over the long term, we will certainly see some volatility, but I’d urge you to think of the sell-offs as a chance to catch up on the profits in an incredibly powerful long-term investment.

It’s an investment you really cannot afford to miss.

Some of these altcoins are the best way to do that. I’m talking about the ones with the smartest team behind them, in the right industry, with decent liquidity and favorable risk-to-reward characteristics. That’s what my MAG System is designed to detect.

With new altcoins coming online all the time, the important thing to keep in mind is this: When you invest in cryptocurrencies, you’re really investing in software – one that’s going to revolutionize transactions of all kinds: the blockchain.

When you change your perspective on altcoins, you realize they are not “fantasy internet money”… they are investments in systems that make our lives easier, more productive, and more efficient.

It’s just like backing Microsoft (MSFT) in the early days. It’s just like backing Alphabet (GOOGL) or Uber (UBER) or Oracle (ORCL) in the early days.

When you buy an altcoin, you are essentially acting as a venture capitalist.

You are funding small startup companies that are trying to unseat entrenched, inefficient models and companies that gouge customers.

Right now, I’ve identified six altcoins to buy now… and I’ve got my eye on 20 more in the weeks and months to come.

That’s the heart of my new project, Matt McCall’s Ultimate Crypto.

Our very first issue comes out next week – on Tuesday, January 28. In the meantime, to get you ready for the six buying opportunities I just mentioned, you can watch my free presentation, 2020 Crypto Millionaire Summit.

You’ve probably heard me mention it in recent MoneyWire articles – but if you haven’t caught the replay yet, go ahead and do so now.

Investors in bitcoin are probably feeling pretty good right now. They can tell all the doubters… say what you want, but 20% gains in three weeks – and hundreds or thousands in the long term – tell you all you need to know about the power of cryptocurrencies.

And, don’t forget, those gains can be multiplied with altcoins… as long as you’ve got the right ones. That’s what the MAG System and my 2020 Crypto Millionaire Summit is all about.

Matt McCall’s MoneyLine Podcast

Click here to listen to Matt McCall’s MoneyLine podcast! This week, Matt lays out his strategy for the current market environment and the next 10 years. Then, he dives into the world of altcoins. Even though bitcoin has been rallying, the altcoins are where the real money is being made. Finally, Matt takes a subscriber question and pleas to investors to change their way of thinking.

You can subscribe to this podcast on iTunes, Stitcher, Spotify, or wherever you listen to podcasts.

Learn where Matt McCall sees
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