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This is your second chance … Don’t let this mistake cost millions
I have a friend who made one of the biggest investment mistakes of his life in early 2016. Source: Shutterstock He thought the investment case made a lot of sense. He was ready to put the money to work. He saw the value of the investments that did not skyrocket. And today, he estimates he could have made $ 1.5 million in profits. My friend regrets losing the 2017 cryptocurrency boom … a boom that minted millionaires … all because buying cryptocurrencies is a little different than buying stocks. 7 Cheap stocks with growing Tailwinds I am not pestering my friend in any way. He was not alone. Many people missed a great opportunity to improve their lives for the same reason. Well, here’s another one and I think it’s an even bigger chance. The next bullish cryptocurrency market is already starting … and I recommend that you don’t make the same mistake. Let me tell you right now that buying cryptocurrencies like Bitcoin (CCC: BTC-USD), Ethereum (CCC: ETH-USD) and other altcoins is not as complicated as you might think. Altcoins are any cryptocurrency other than Bitcoin, and buying one is very similar to buying shares through your online broker. If you can open a bank account or sign up for a phone service, you can buy an altcoin. But yes … it is a little different from buying shares. Just don’t let that stop you from investigating. When you think about it, MANY incredible investment opportunities require a little more work. But if we let that get in the way, we will miss out on some of life’s great investment opportunities. Like cannabis stocks in 2015 … Buying these tiny new companies was a little different than buying regular stocks. They traded on different exchanges with different symbols and rates. Most people got what they knew. Meanwhile, many of these actions have soared more than 1,000%, as cannabis has been legalized in many places in North America. If you resist doing extra work, you will also lose incredible real estate investments that can generate decades of regular cash flow. Although blockchain technology is about to make buying a property much easier, it’s far more difficult at the moment than buying shares. But if you know anything about investment history, you know that many of America’s greatest fortunes were built on real estate. Investing in big companies like Facebook (NASDAQ: FB), Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) and Uber (NYSE: UBER) in their early days also took a little more work than buying conventional shares. But it was spectacularly worth it. The first investors made so much money that they never have to work again. That’s why so many people missed the 2017 cryptocurrency boom. Buying cryptocurrencies was a little different than buying stocks. But man, it was worth it. People who made an extra initial effort earned hundreds of thousands – even millions – of dollars. And the people who didn’t end up as my friend … sitting on their side watching everyone get rich. It is a direct cost / benefit analysis: it is worth doing a little more work to earn MUCH more money. When you think about investing that way, you realize that it can really be a good thing when an investment requires a little more effort. Millions of people are far from the opportunity … so you get a much better deal. This is one of the great secrets of wealth. The rich love investments that require a little extra work. Rich people get rich in the first place because they do extra work. With that in mind … my advice is to think like a rich person. Think differently than the masses. And now is the time to start. The gains made during the 2017 cryptocurrency boom were incredible … but what’s to come now is bigger. There is still more money to be made. We are entering a new phase in the evolution of cryptocurrencies. I call this “Blockchain 2.0”. Bitcoin made the most of the gains during the first phase. But this new era belongs to the hypergrowth altcoins. The vast majority of Americans do not understand the true power of altcoins. They don’t understand why a little extra work to invest in them pays off in ways they don’t even imagine. Altcoins are not really cryptocurrencies in the way that most people think of them. They are not “fantasy money from the internet” … they are, in fact, investments in one of the most valuable and revolutionary technologies ever created. And they will create a multi-trillion dollar wealth tsunami for their owners. We are in the midst of one of the biggest revolutions in finance in centuries. I hope you enjoy it. I help my readers learn how to invest in cryptocurrencies, and they put a little more effort on their own to get to work. Nothing makes me happier than hearing about the money they earned and how happy they are with the investment. My Ultimate Crypto portfolio grew 815% overall and I expect a lot more to come. That’s why we added two new altcoins in the last 10 days – one in the hot area of decentralized finance and another in the hot areas of games and non-fungible tokens (NFTs). I just launched the most recent choice yesterday, and it can be purchased directly at a popular crypto exchange using US dollars. I will do everything I can to help you avoid the same disappointment that my friend felt when he lost the crypto boom of 2017. You can do that. A little extra effort taking advantage of this once-in-a-lifetime opportunity can also bring you unique profits. As of the date of publication, Matt McCall did not (directly or indirectly) hold any positions in the securities mentioned in this article. Matthew McCall left Wall Street to really help investors – putting them on the biggest and most revolutionary trends in the world BEFORE anyone else. Click here to see what Matt has up his sleeve now. More from InvestorPlace Why everyone is investing in 5G SO WRONG It doesn’t matter if you saved $ 500 or $ 5 million. Do it now. Most Important Stock Selector Reveals His Next Potential Winning 500% Stock Prodigy Who Found $ 2 NIO … Says Buy THIS NOW The post Here’s your second chance … Don’t let this mistake cost you Millions came first on InvestorPlace.