Episode #33 – Why Bitcoin Mining Stocks Are Set To Explode

 

I will never recommend an investment I wouldn’t personally make. The financial press has not caught on yet, to what I am about to tell you. Listen and learn why Bitcoin mining stocks are where you want to be, now. Don’t miss out!

—

Listen to the podcast here

 

Why Bitcoin Mining Stocks Are Set To Explode

I’m super excited to share some information with you in this episode. This is going to be a specific tactic. A lot of times, I cover strategy, where the strategy is the overall system that you’re utilizing. This is a tactic. I’m going to give you guys a specific investment that you could buy now that I’m pretty excited about. Keep in mind, on this platform, I only ever share or bring guests on of things that I will personally put my own money into. Pretty much everything I brought to the show, I’ve got my own money in, or it’s somebody I believe in what they’re saying. This is something that I invested into that I thought, “I got to share this with you guys.” This is some real expensive research that you guys are going to get and that you’re going to be able to have access, so stay reading to the end of the episode.

I’m going to show you how to get access to this for free. I wanted to share that we had our 16th wedding anniversary celebration. Kara and I had an incredible time. It was Saturday night. It was so great. We went to our favorite restaurant, Timothy’s. It was amazing. At the end of dinner, I’m like, “I got a great idea. The casino’s only five minutes away. How about we celebrate our anniversary and win some freaking money?” Kara said instantly, to my surprise, “Let’s do it.” We went. They don’t have a poker room, so I went back to the high-limit blackjack room.

It was the first time I’d ever been in a high-limit room. I’ve never done that before, honestly. I usually just play on the main floor, but it’s too crowded. There were no seats. I knew the manager from a home poker game I played a couple of years back. He’s like, “Go back to the back. You’re going to have a such better experience. It’s too crowded out here. In your home game, you’re betting twice as much as what they bet back in the high-limit room. You’ll be just fine.” Kara and I went back there. There were only three people back there. It was a great service. We went up some money, went back down, was almost all in all out, and then made a comeback. Kara made me pull my chips off the table, which was probably a good thing. We walked out with some money ahead instead of a donation.

That’s always a good thing. Thank you, Kara, for ratcheting my aggressive nature on that day. Let’s talk about this particular investment. I am very excited about this. Let me set the stage. There was only one thing that I remember from high school economics. There were four of us in the class. Two were my best friends, and one was a mortal enemy. You can see how that wasn’t a recipe for me exactly paying attention to, but I learned supply and demand and how it affects prices. I’m not super intelligent. I don’t claim to fully understand how this whole cryptocurrency thing works. Here’s what I know. It’s going to infiltrate every area of our lives within a decade, probably. I know that I no longer want centralized platforms controlling my everyday life.

When supply goes down and demand increases, the price has to go up. It’s one of the basic laws of economics, yet it’s also one of the most profitable. Put simply, if supply decreases while demand simultaneously increases, prices have nowhere to go but up. That’s Economics 101. There are some big supply shocks that we’ve seen over the years. I want to give you a couple of examples. This dates back to when I was one year old, so I don’t really remember it.

People thought we were going to run out of silver due to higher inflation. Silver prices ran from as low as $4 per ounce to as high as $49. You could have made as much as 13,000% on certain silver mining stocks from this surge in demand. In 2008, we saw mild oil shock, geopolitical instability in the Middle East, and the after-effects of Hurricane Katrina led to worries over shrinking petroleum reserves.

Had you invested in oil drillers during this time, you could have made as much as 1,272%. In each of these cases, we saw unprecedented cuts in supply. Meaning unprecedented demand. Those gains are nothing compared to some of the supply crunches we’ve seen in the crypto space. The most well-known example is the Bitcoin halving. Let me explain this if you’re not familiar with the Bitcoin halving.

Written into the code, pre-programmed, the new supply of Bitcoin is cut in half every four years exactly. Here’s the important thing you got to know about these halvings. If you position yourself before they start, that’s how you profit from the explosive surging price. Those who positioned themselves before the 2016 Bitcoin halving saw the chance to make gains as high as 14,619% and 26,977%. Those who got in before the 2020 halving saw their gain soar as high as 2,950% and 5,121%.

I missed those opportunities. The good news is for all of us, because I missed out on that, there’s a once-in-a-lifetime event happening in the crypto market that will be bigger than all the other halvings combined. This event is what my man Teeka Tiwari of the Palm Beach Group calls the super halving. Let me explain. We know that there can never be more than 21 million Bitcoins in existence. The issuance is strictly regulated by a computer code that cannot ever be hacked or compromised. The rate of issuance is going to be cut in half every four years until the last Bitcoin is mined at 2140. The first halving in 2012 dropped it down from 7,200 to 3600. The second one in 2016 dropped it from 3,600 to 1,800. Now in 2020, we cut it from 1,800 down to 900, and that’s where we stand nowadays.

 

This super halving event will be different. It’s not tied to Bitcoin’s code, and it’s not going to reduce supply to 450. He believes it’s going to knock supply all the way down to zero. Think about this. What are the implications? It means that very soon, there will be zero new Bitcoins available for purchase. Once that happens, is the price going to skyrocket? This is good news to buy Bitcoin and hold the actual coin. Institutions have started buying up as much Bitcoin as they can get their hands on, but once no new coins are coming to market, where do you think prices are going?

Here’s the deal. The best gains aren’t going to be made in Bitcoin itself. It was already a $1 trillion-plus market cap. It’s not going to make the same extreme moves it did in its early days. It’s like Apple stock and Facebook stock. Those already have $1 trillion valuations. If you want to make big money in those, you have to be in the early days. The best potential gains from here are in the small projects tied to Bitcoin that still has a massive runway ahead. Not every halving is known. This is one that’s not getting any news coverage. The mainstream financial media has not picked up on this. I would definitely want to own some Bitcoin, guys. Personally, at some point in our lifetime, we’ll see it go to $1 million per coin.

You would definitely want to own some Bitcoins. At some point in our lifetime, we'll see it go to a million dollars per coin. Click To Tweet

Let’s be clear on this. This is not going to be a pre-programmed one-day supply drop like we’ve seen in the past. It has nothing to do with Bitcoin’s code. Instead, this is critical that you get that it all has to do with the Bitcoin miners. The miners are the people providing the computing power that are necessary to run the Bitcoin blockchain. They solve complex equations to verify transactions. This is what keeps the network secure in humming along. Remember, in the previous show where we talked about Did You Miss Out on Bitcoin?, these are the modern-day version of the ledger man. They’re the ones that are making sure that all the transactions that are done throughout the network are validated.

Since then, the Bitcoin code has issued 900 new Bitcoins per day. These go directly to the miners. The miners are the ones that are releasing this new supply onto the market. At current prices, that’s the chance to earn around $50 to $60 million worth of new Bitcoin every day. There’s one problem. Historically, Bitcoin miners haven’t been able to hold the Bitcoin they mine. They’ve had no choice but to sell it to fund their operations. Think about this. You guys got to get this.

Ever since Bitcoin’s been around, it’s been plagued with negative connotations to the drug market, pornography, and money laundering. Even Janet Yellen made the news and dropped Bitcoin’s price temporarily when she said that Bitcoin’s used by money launderers, which is not even remotely possible. It’s 1% of the total transactions. They’re doing it less and less because Bitcoin is a public ledger. It’s hard to hide what you’re doing on a public ledger.

This made a taboo for the gatekeepers, the miners of traditional finance, to touch. Bitcoin miners haven’t had access to traditional sources of capital. What we’ve seen is major adoption take off in the crypto market over the past few years. Huge players like Morgan Stanley, Goldman Sachs, and MassMutual are taking notice one after another. These big institutions are now coming into crypto. That means now, for the first time ever, miners can raise money through the capital markets. They can issue shares, which is equity, or bonds, which is debt, to raise money. Now they can hold their Bitcoin. They no longer have to sell them to fund their operations. This is going to change everything. Let me give you an example of what’s happening in this trend.

Cipher Mining Technologies is a little-known company that’s been mining Bitcoin for years. It had to sell its Bitcoin because nobody would give it funding. Fidelity and Morgan Stanley plowed $425 million into this project. Do you think they’ll ever have to sell their Bitcoin again just to keep the processors running now that they’re sitting on $425 million in cash? The value of that cash isn’t going to budge. If anything, the value of the cash is going down, but the value of the Bitcoin they’re mining, over time, will only continue to rise. Riddle me this, Batman. What happens to Bitcoin’s price when miners are hoarding, companies are adding buck loads of it to their treasuries, payment companies are buying nearly 100% of newly minted coins, and credit card companies are paying out $900 billion a year in Bitcoin rewards? It goes parabolic. It shoots through the roof.

More importantly, what does that do to the price of small plays attached to Bitcoin and Bitcoin mining in particular? They could go 50 times or more. We’re not going to see any new Bitcoin coming into the market. When? I don’t know. Two months, six months, a year, who knows? This is where we’re headed. All 900 coins will be hoarded, never to be brought to the public markets. It’s going to send Bitcoin skyrocketing to at least $500,000 within the next five years. Meanwhile, the companies responsible for mining this new Bitcoin will become extremely hot commodities. Why? Because they’re going to have all this Bitcoin going up crazy in value on their balance sheet. When it’s on their balance sheet, that means the value of those companies is going to skyrocket right along with the price of Bitcoin.

 

There are five top picks in this space, with the bonus six. Do you want this special report if you’re interested in this, if you get it, and if it makes sense for your strategy? What is your strategy that trumps your tactics? Your strategy dictates that you could make some speculative plays like this because this is a speculative play. I feel that the research is very strong behind this. I have invested multiple thousands of dollars into buying these particular stocks. If it makes sense to you, then great. If it doesn’t make sense, then great. Read the next episode to move on. This is a tactic. If you want these picks, here’s what you got to do. You got to go to my website, MyIndestructibleWealth.com, and sign up for my seven-step strategic wealth-building email list.

My business coach said, “Jack, you got to build your list. You don’t own the rights to your social media following. You can get that yanked at any time. You got to build your list. That’s the only thing that you 100% have ownership of.” I’m going to build my list and give you guys an incentive for getting on my list. Promise, I’m going to only send out one email per week once you get the links to the first seven videos. You’re going to be on what I call the Insiders Club. You’re going to get exclusive access to investment picks like these. Not every week I am going to be sending out exclusive picks like these. I promise that. This is going to be a chance to get these picks. This research found the top five miners that they’re going to believe will skyrocket due to the super halving. Plus, there’s one company that will act as an on wrap to anyone looking to buy crypto in this high-demand environment.

We’re going to see their balance sheets balloon as Bitcoin soars. What the timing looked like, we don’t know. If you’re going to buy this, it’s like anything I ever buy where I have a ten-year hold. If I start a business, I’m committed to that business for ten years. If I buy a stock, I’m committed to that stock for ten years. I’m learning the lessons of the past. If I buy crypto, it’s a ten-year play or plan unless market conditions shift and there’s something that drastically is telling me to pivot and make a shift. When this happens, it’s going to hit the crypto market like a lightning strike. These docs could absolutely go through the roof. MyIndestructibleWealth.com, sign up for that list. What you got to do is give me a five-star review, send a screenshot of that five-star review, and put in your subject line, “Please send me the top five Bitcoin mining picks.”

Once you sign up for the email list, you’re going to get emails from me. Reply back to one of those with the screenshot with the Top Five Picks in the subject line and the screenshot of the five-star review. Give me a little write-up. Tell me how awesome the show is, how much you’re learning, and how much value you get. This research I’m giving you right here, access to if you want it. This is several thousand dollars worth of research right here. I’m giving this to you for free. I’m not benefiting from it. I have no financial gain here. I just want to build my platform and build my value proposition right here. Here we go. This is pretty exciting. If you find it exciting as well, take those steps, and let’s roll. Have a great day.

 

Important Links

• Palm Beach Group
• Did You Miss Out on Bitcoin? – Previous Episode