How To Take Advantage Of The Upcoming Bitcoin Price
How To Take Advantage Of The Upcoming Bitcoin Price Drop And Multiply Your Profits By: Tiffany Winston If think you missed the height of the bitcoin wave, think again. Bitcoin values are expected to tumble very soon. So if you passed on investing in- or with- bitcoins up until now, you might want to think twice about passing on taking advantage the rise that is sure to come in the near future. In August, the core software that operates and maintains the crytocurrency is facing a contentious upgrade. The upgrade, referred to as the “user-activated soft fork” (UASF) activation deadline, has expanded. In order to accommodate the expanded capacity, scaling solutions, such as an segregated witness (SegWit) are needed. With over 250,000 transactions conducted on a daily basis, the system has slowed down. As a result of the upgrade, the price of bitcoins are expected to decrease until the underlying implications to bitcoin users have been exposed. Between now and then, the potential to make exponential profits are extremely promising- especially for those who take advantage of the opportunity. Currently, a single bitcoin costs $2827 US dollars. The price is expected to drop tremendously during the transition period, but a full recovery is expected. If you purchase bitcoins after the price drop, then your investment will become very profitable the moment the price bounces back. If you are doubtful that the profit potential is substantial, consider the money that investors have already earned from recent value increases. Between July 2016 and September 2016, the price of bitcoins stabilized at $600, doubling investors profits from the $300 valuation established 12 months prior. That same bitcoin, currently valued at $2827, has become 10 times more valuable in the last 24 months. Unless you become a loan shark or get stock market tips, there aren't many other investment opportunities that are going to give you type of return- and we all saw what happened to Martha Stewart with the stock tips. No thank you, I'll take the bitcoins. True personal finance security comes when you do not have to work hard for your money because your money is working hard for you. So it is no surprise that strategic investors are searching for ways to reinvest their profits. And while there are a multitude of stocks and mutual funds to invest in, there are innovative bitcoin-related investments that are dominating the financial markets because of their explosive investment power. You can take full advantage of the software upgrade then multiplying your profits by reinvesting them into any of these revolutionary opportunities. Bitcoin Investment Trust (GBTC) The Bitcoin Investment Trust (GBTC) is sponsored by a private, open-ended trust call Grayscale. It permits bitcoin investors to benefit from the constant fluctuation of bitcoins' fluctuating price through monitoring. This is accomplished through a traditional investment vehicle that protects investors from the challenges that come along with buying, storing and safe keeping the digital currency. The underlying value of the bitcoin is tracked by the trust, in the same manner that the SPDR Shares ETF monitors the underlying value of gold in relation to the American dollar. The trust is scarcely traded, with the funds' assets being safeguarded by management of the trust. This allows investors to invest in bitcoins, even if they do not actually own any. In the case that the investor owns bitcoins, they can contribute the value of the bitcoins to the trust and profit based on their contribution. In either case, the GBTC provides a low risk investment vehicle that allows investors to profit from bitcoin value fluctuation. In the same way that gold is considered protection again inflation, the GBTC offers
protection from the volatility of bitcoin prices. Active ETF's In the September 2016, the ARK ETF Trust (ARKW) became the first investment management corporation to purchase shares of the GBTC. Purchasing shares of the GBTC is identical to purchasing stock shares from the New York exchange, so owners of GTBC shares are purchasing ownership stakes in the bitcoin entity. Investments into bitcoin stocks does not permit capitalization on the asset's immediate gains in value. Instead, the profit is derived from the overall success of the entity that owns the digital currency. In the case of the upcoming price dip, the overall success of the entity is nearly eminent, and will be specially profitable for those who initiate the ETF investment prior to the value recuperation. Bitcoin Individual Retirement Account If you're interested in investing into bitcoins as a long-term strategy, then you are able to add the value of digital currency to your retirement account by using a self-directed IRA. Bitcoin-funded IRA accounts has the same capabilities of a traditional IRA, performing as a tax efficient and low-cost way of saving for retirement. With a minimum investment of $5000, you can profit from the increase in bitcoin value, without accumulating annual fees. It is important that the IRA is established as a self-directed fund that is initially funded by either a rollover or transfer. It is only after the initial funding that you allocate portions of your recuperated Bitcoin value to the accounts. Otherwise, you will not qualify to enjoy the tax saving benefits. The rules associated with Bitcoin IRAs are similar to any ordinary self-directed IRA that is on the market, unless the insurer says so otherwise. This means that you cannot withdraw your money without paying a penalty until you, as the holder of the account, reaches the age of 59 1/2. Since the inception of Bitcoin IRA's,n June, the investment inflow has breached the $1 million mark. Peer-to-Peer Bitcoin Loans Peer-to-peer loans are issued by local companies that manage a collective pool of funds comprised of investor contributions. Similar to hard money loans, these funds are secured by real estate development projects. Contributors who fund the money pool earn profits from the interest payments made during loan period. They also receive dividends from the profits earned when the loan is repaid. The difference between hard money loans and Peer-to-peer loans is how the loan is paid back. The initial loan is distributed in the form of bitcoins. The value of the bitcoins is not the considered, only the number of bitcoins issued. So when the loan is paid back, the same number of bitcoins that was loaned out is the same number of bitcoins that are to be repaid-in addition to a predetermined number of bitcoins charged as interest. So, in the case that a borrower requests 10 bitcoins, they will agree to pay back 13 or 14 bitcoins. When calculating the debt, the values of the bitcoins is irrelevant. So even if the value of the crytocurrency was $500 at the time the loan was issued, the loan is not valued at $5000- it is valued at 10 bitcoins. When the loan is repaid, the investors expect the agreed upon bitcoins independent of their value- even if it doubled to $1000. So as you can see, timing is everything with these loans, but they offer an amazing opportunity to effortlessly multiply the profits you make off the big value dip. As more virtual currencies like bitcoins emerge as a a powerful alternative to the American dollar, and investors continuously embrace that power, more investment opportunities will surface. But none in the foreseeable future can compare to the opportunity that is approaching. Even though these strategies do not
amount to a illegal trading reveal, worthy of Martha Stewart's old jail cell, you can bet this is a one-of-akind investment opportunity that is worth taking all risks to be apart of.
protection from the volatility of bitcoin prices. Active ETF's In the September 2016, the ARK ETF Trust (ARKW) became the first investment management corporation to purchase shares of the GBTC. Purchasing shares of the GBTC is identical to purchasing stock shares from the New York exchange, so owners of GTBC shares are purchasing ownership stakes in the bitcoin entity. Investments into bitcoin stocks does not permit capitalization on the asset's immediate gains in value. Instead, the profit is derived from the overall success of the entity that owns the digital currency. In the case of the upcoming price dip, the overall success of the entity is nearly eminent, and will be specially profitable for those who initiate the ETF investment prior to the value recuperation. Bitcoin Individual Retirement Account If you're interested in investing into bitcoins as a long-term strategy, then you are able to add the value of digital currency to your retirement account by using a self-directed IRA. Bitcoin-funded IRA accounts has the same capabilities of a traditional IRA, performing as a tax efficient and low-cost way of saving for retirement. With a minimum investment of $5000, you can profit from the increase in bitcoin value, without accumulating annual fees. It is important that the IRA is established as a self-directed fund that is initially funded by either a rollover or transfer. It is only after the initial funding that you allocate portions of your recuperated Bitcoin value to the accounts. Otherwise, you will not qualify to enjoy the tax saving benefits. The rules associated with Bitcoin IRAs are similar to any ordinary self-directed IRA that is on the market, unless the insurer says so otherwise. This means that you cannot withdraw your money without paying a penalty until you, as the holder of the account, reaches the age of 59 1/2. Since the inception of Bitcoin IRA's,n June, the investment inflow has breached the $1 million mark. Peer-to-Peer Bitcoin Loans Peer-to-peer loans are issued by local companies that manage a collective pool of funds comprised of investor contributions. Similar to hard money loans, these funds are secured by real estate development projects. Contributors who fund the money pool earn profits from the interest payments made during loan period. They also receive dividends from the profits earned when the loan is repaid. The difference between hard money loans and Peer-to-peer loans is how the loan is paid back. The initial loan is distributed in the form of bitcoins. The value of the bitcoins is not the considered, only the number of bitcoins issued. So when the loan is paid back, the same number of bitcoins that was loaned out is the same number of bitcoins that are to be repaid-in addition to a predetermined number of bitcoins charged as interest. So, in the case that a borrower requests 10 bitcoins, they will agree to pay back 13 or 14 bitcoins. When calculating the debt, the values of the bitcoins is irrelevant. So even if the value of the crytocurrency was $500 at the time the loan was issued, the loan is not valued at $5000- it is valued at 10 bitcoins. When the loan is repaid, the investors expect the agreed upon bitcoins independent of their value- even if it doubled to $1000. So as you can see, timing is everything with these loans, but they offer an amazing opportunity to effortlessly multiply the profits you make off the big value dip. As more virtual currencies like bitcoins emerge as a a powerful alternative to the American dollar, and investors continuously embrace that power, more investment opportunities will surface. But none in the foreseeable future can compare to the opportunity that is approaching. Even though these strategies do not
amount to a illegal trading reveal, worthy of Martha Stewart's old jail cell, you can bet this is a one-of-akind investment opportunity that is worth taking all risks to be apart of.
