Lecture 15: Why Invest In Bitcoin?

Lecture 15: In this lesson, I want to go over why we are taking the time and putting in the effort to invest in Bitcoin...

As I stated earlier, Bitcoin might be completely new for some of you… and there are things to learn and things to do to get up and running.  Furthermore, trading in general might be new for you and there will be things to learn and challenges to overcome as well.

So, why bother?  Why put in the time and effort to learn how to use Bitcoin, set up your Bitcoin and trading infrastructure and actively participate in the Bitcoin market?

The simple answer is… Profit potential.

In my opinion, the Cryptocurrency market at this particular point in time presents the best opportunity for huge profit gains.

No, I am not saying "Bet the farm on Bitcoin".  I still trade traditional currency pairs, Gold, Silver and Crude Oil.  But I am saying Bitcoin should definitely be added to your portfolio.  There is just too much potential profit to ignore.

And I think when you see what kind of profit potential I am talking about here, it will motivate you to do whatever it takes to get involved. 

  • It will spur you to create your Bitcoin infrastructure. 
  • It will push you to set up your trading infrastructure. 
  • And it will keep you motivated to participate in the Bitcoin market in a systematic and professional manner.

To illustrate what kind of profit potential I am talking about, I want to compare Bitcoin to some very popular stocks.  I ran into an article the other day on MSN Money I am going to use.  (http://www.msn.com/en-us/money/savingandinvesting/what-dollar1000-invested-in-these-stocks-10-years-ago-is-worth-today/ss-BBwnoMS?li=BBnbfcN&ocid=U142DHP#image=1)

The slide show illustrated how some big name stocks performed over the past decade.  Basically, if you invested $1000 in 2007, it calculates how much the stocks would be worth today.

Even if you don't trade the stock market (I don't), or know much about trading in general, I think that if you were asked if you would have liked to buy these stocks 10 years ago… most people would automatically say, "YES"!  These are big, popular brand names, after all.

Let's take a look at some of the big name stocks:

  • APPLE:  If you invested $1,000 in Apple 10 years ago, it would be worth $8,818.81
  • WALT DISNEY:  If you invested $1,000 in Walt Disney 10 years ago, it would be worth $3,273.39
  • COCA-COLA:  If you invested $1,000 in Coca-Cola 10 years ago, it would be worth $2,095.80
  • WAL-MART:  If you invested $1,000 in Wal-Mart 10 years ago, it would be worth $2,158.92
  • NIKE:  If you invested $1,000 in Nike 10 years ago, it would be worth $4,091.52
  • AMAZON:  If you invested $1,000 in Amazon 10 years ago, it would be worth $12,246.65
  • STARBUCKS:  If you invested $1,000 in Starbucks 10 years ago, it would be worth $4,283.83

OK, I think you are getting the picture here.  I think everyone would agree that these would have been some very nice investments with some very nice returns.

So, what about Bitcoin?

Well, Bitcoin has not been popular for 10 years, so we are going to use just 4 years.

BITCOIN:  If you invested $1,000 in BITCOIN 4 years ago,
it would be worth @ $44,000.00 now!

Four years ago, 1 Bitcoin cost about $100.  So, if we invested $1,000 we would have gotten 10 Bitcoins. At the time of writing this course, 1 Bitcoin is worth @ $4,400.  So, 10 Bitcoin would be worth @ $44,000.00 today.

Now to be fair, there are stocks that have great growth as well.  Let' s look at one…

  • NETFLIX:  If you invested $1,000 in Netflix 10 years ago, it would be worth $69,835.28 today.

But still, that was based on 10 years, while Bitcoin was only based on 4 years.  And there is no guarantee you would be able to pick the right stock to see this kind of growth in the future.

Now, I cannot guarantee Bitcoin is going to keep rising at this rate either.  It could, but it also could not.  But I do believe Bitcoin presents some of the best opportunities for explosive growth of ANY market.  And I also believe swing trading Bitcoin like I am going to teach you will be much more profitable than just buying Bitcoin and holding it for years.

So, when you start to put what I teach in this course into action, you might get frustrated.  There might be things that are hard for you to wrap your head around.  You might even get to the point where you want to give up on the whole "Bitcoin investing" thing altogether.

Don't give up.

Take action.  And keep learning and taking action until you figure things out.  I know there is a big difference between reading something or watching a video and performing things on your own in real life.  But don't give up… the potential rewards are just too great.

You definitely do not want to look back years later and see the great opportunity you missed out on, do you?

In the next Section, I want to share with you some hard earned lessons I've learned from more than 10 years of trading experience.  These 5 essentials to investing success are the reason I can trade successfully.  And I want to pass them on to you.

Go to Lecture 16: Treat Bitcoin Investing As A Business