Bitcoin’s Price Volatility — 1 Expert Says: Avoid It Like the Plague
Yesterday, bitcoin’s volatility hit its lowest level in four months.
Clearly, traders are taking a “wait and see” approach with this once-hot, highly volatile asset.
And they’re right. Bitcoin is way too high right now — despite staying around $10,000 for so long. In fact, over time it should go down … way down. I’m talking $0.
Knowing that, I sat down with tech expert Paul Mampilly at our recent Total Wealth Symposium conference.
He’s a big believer in the bitcoin bull market, so I wanted to get his thoughts. Maybe debate him a bit about what’s coming next for bitcoin…
In this video, Paul and I discuss:
- Why I believe bitcoin is headed to $0.
- My three investing rules for making great trades.
- The true benefits of attending our annual Total Wealth Symposium.
So, instead of gambling your money in cryptocurrency, park your funds in a better bet. A great option is the Alpha Architect U.S. Quantitative Value ETF (BATS: QVAL) — which holds a basket of high-quality value stocks.
The exchange-traded fund (ETF) has Micron Technology Inc., Applied Materials Inc. and Lam Research Corp. as some of its top holdings.
Don’t worry about the different stock exchange. For our purposes, trading a stock listed on the BATS is the same as if it were listed on the New York Stock Exchange.
Now, in my Alpha Investor Report newsletter, I am on the lookout for real companies that make real money, not make-believe currencies like bitcoin.
I find companies that:
- Are leaders in their industry.
- Have great management.
- Are being mispriced by Wall Street.
Let me do the heavy lifting so you can enjoy the rewards.
Editor, Alpha Investor Report
P.S. Check out my YouTube channel and hit the subscribe button. That way, you won’t miss any of the content I post about how to make money in the stock market and how to be a better investor.