Mirad que interesante este mensaje hecho mediante video por alguien que sabe del mundo de criptomonedas y de los mercados financieros de estados unidos, leyendole os animareis. Pronto todo esto dejara de ser barato pero sera para los proximos que compren no para nosotros
Quietly Building Infrastructure in the Crypto
Market
In terms of what’s going on in the cryptocurrency market, it’s pretty quiet. I think that
we’re kind of entering this quiet phase until we go into what will be, I think, an
incredibly bullish period in May as we move into Consensus.
This is what I talked about last week in the Q&A that I did in the previous webinar
where I’m seeing all of these forces come together. They’re all based around this idea
of custody and based around this idea of creating the infrastructure that will let
institutional money come into the market.
So, about the $400 million deal Circle did with Poloniex… Well, there was another $400
million deal done in South Korea with one of their exchanges. That’s serious money.
When you take $400 million in cash and you put it into an exchange where you still
don’t have a full regulatory framework in place, that’s a big bet guys. It’s a big, big bet.
When you are seeing money of that size position itself specically for institutional
capital, you’re not going to get an engraved letter saying, “The institutions are coming
in this day. Here you go, T. Here’s the information.” I wish it was that easy; it’s not.
You’ve got to look at the preponderance of evidence… And the preponderance of
evidence is that everything is falling in alignment to allow this capital to come into the
market.
Just this morning, I was speaking to a crypto hedge fund manager on the West Coast
and he was telling me in every conversation with institutions—they are just passionate
about cryptocurrency. They want to get their feet wet with cryptocurrency, but they
have this problem of custody and they still have this problem of, “Well, is it a security?
Is it a commodity? Because our charter says that we buy securities, but we can’t buy
commodities.” So, there’s all this uncertainty, but that uncertainty is getting worked
out.
The Commodity Futures Trading Commission (CFTC) and the Federal Communications
Commission (FCC), I believe, will come together and will gure out what a security is,
what a commodity is, what’s going to be a utility token, what’s going to be considered
money.
Then, as that slots into place, it gives institutions the visibility they require and most
importantly that kind of CYA—look that up—it gives that CYA, so they can protect their
jobs. If they make a decision, they can say, “Well, look, I followed the procedure—this is
a security, and this is a commodity.”
Institutional Money in the 1990s
So, 2018 is all about putting that all in place.
It’s very similar to what ’94 and ’95 were. Before ’94 and ’95, you did not have big
institutional money in internet stocks. It was all individuals. So, ’94 and ’95, we crashed;
it was horrible.
But during ’94 and ’95, the pace of venture capital investment actually increased. And
at the end of ’95, you started to see institutions take the asset seriously and just pour
trillions of dollars into it. Between ’95 and the end of 2000, they put over $5 trillion into
the space.
We are in a similar situation now as we were in ’94 and ’95. I actually shot another
video about this for a 3-Minute Market Minder, and I’m going to have Shakila tack it
onto this video just so you can see it. I’d like you to see that rst before I publish it out
across our bigger readership. It gives a good historical perspective of how, even though
the Nasdaq going down (and it went down a lot in ’94 and ’95) was horrible… But
institutional money and venture capital (VC) money was going up. VC money was going
up as the market was going down.
That’s rare when that happens. It was a transition. ’94–’95 was where individual
investors were giving away their shares to institutional investors because they got
scared. I mean, I don’t blame them; they probably over-owned them and the market
was horrible. So, you saw this massive wealth transfer from individuals to institutions.
Now, if the individuals had held on, oh my God, they would have made so much money
in the back-half of the 1990s. But they didn’t.
So, again, part of my mission here is to give you a methodology so you don’t make the
mistake people made in ’94 and ’95. You’re not like the way a lot of people are right
now, basically selling out at very low levels. And it’s institutional money that’s getting in
there. It’s big money, it’s funds, it’s family-oce money that’s buying it all up, just like
they did back in ’94 and ’95.
Then, once they have their kind of highways of capital built, you’re going to see this
market explode. You will see more money come into cryptocurrency than we have ever
seen before. People will look back on this period of time, and they will say, “My Lord.”
They’ll either say, “Why did I sell?” Or they’ll say, “Why didn’t I buy?” You don’t want to
deal with that kind of regret.
In closing, I will tell you if you are new—and we have a lot of new people here—
anything that is below the buy-up-to is a buy. Even if it’s had the tar beat out of it, it’s a
buy. The rule is if you are a small investor, [put in] $200 to $400 per idea, and if you are
a bigger investor a bigger portfolio, $500 to $1,000 per idea. Again, you want to use a
uniform dollar amount for every position.
Why do you want to do that? You want to do that because you don’t want to underown
a winner or over-own a loser. By using a uniform dollar amount that’s reasonable
—that’s not going to put you in the poorhouse, you put yourself in a position to take
advantage of a whole new wealth transfer. Rather than you giving your money to the
institutions—which is what happened in ’94 and ’95—the institutions are going to be
giving their money to you. And it’s going to be amazing. It’s going to be amazing.
All right, friends, that is enough out of me. I will catch up with you in the next video,
and I want you to always remember: Let the Game Come to You!
3-Minute Market Minder
Hello, friends, and welcome to Big T’s 3-Minute Market Minder. Today, I want to talk to
you about a startling similarity that I’m seeing in the cryptocurrency market and the
technology market of 1994 to 1995.
Right now, we’re looking at the crypto markets for the last three months. It’s been a
very, very rough three months. We’ve gone from this market cap of above $800 billion
to around $300 billion right now. It really reminds me of what I went through in 1994 to
1995. This is when the Nasdaq had had a huge run. It ran up to 804 and then just
crashed down to 702. And it wasn’t a pretty crash. I mean, this was just kind of a long,
drawn-out situation.
Now, what was interesting about 1994 to 1995 was that, even though the market was
acting as if the opportunity in tech was over—very similar to the way this market is
acting right now—what was interesting is that while stocks were going down, private
investment and venture capital (VC) dollars were going up and they were going up a
lot.
So, between 1994 and 1995, the whole Nasdaq got crushed. Companies like Oracle
dropped like 50–60%; it was a blood bath. But you saw this huge increase in VC money
coming into the market, like 30%. And $8 billion back in ’95 was a lot of money.
The reason why I bring this up is that we’re seeing something similar take place in the
crypto market. Right now, we’re on pace to triple the amount of VC investments in
crypto than last year, even though the market is going down. This is what we call a
“contrarian indicator.”
Generally speaking, VC money is very, very clever money, so normally when you see a
market collapse, VCs run for the hills. But just like in ’94 and ’95—when the market did
collapse and it was a horrible sell-o—we’re actually seeing VC money increase. So
right now, VCs are on track to do 900 deals this year in the space, and last year, they
did less than 300.
The pace of deal-making and the pace of money coming into the market is actually
increasing, and it’s improving. That is an incredibly bullish sign for the long-term value
of the market, because again, once you got through this 1995-kind of debacle, you just
had this massive bull market take place.
Actually, ’95 was really the last year that you could buy tech stocks on the cheap before
they just absolutely boomed. So, this is really exactly what I think is going on right now
in the cryptocurrency market… This could potentially be the last major opportunity you
have to buy cryptos cheaply.
All right, friends, that is enough out of me. I will catch up with you in the next video,
and I want you to always remember: Let the Game Come to You!