Podcast: buy the dip, buy the all-time high

In today’s Exponential Investor

  • Who bought the dip?
  • Who bought the all-time high?
  • Who’s buying a heat pump?

There’s one thing on our mind today.

All-time highs!

That’s right, as you read this, bitcoin has once again surged past its previous all-time highs when converted into old-fashioned “fiat” money (like USD or GBP).

Topping out at $66,930, the best-known crypto is once again surging in price.

As you know, we have we been staunch bulls on bitcoin for a very long time. That includes when it was “crashing” for the thousandth time and the mainstream was saying that “it’ll go to zero” and “it’s all over”.

In the middle of this year, our recommendation on bitcoin was to “buy the dip” – and we have been vindicated.

But the dip is over.

It is likely that there will be more dips in the future.

However, those dips will almost certainly come from higher highs than we are seeing now.

So, do you stop stacking those sats? Or, do you buy the dips and then buy the all-time highs as well?

If you had only bought at all previous all-time highs, you’d still be in a position to profit.

But, at $66,930 for one whole bitcoin… being a “wholecoiner” may be too much of a stretch for most people now.

So, what to do?

Well we look at what’s happening with bitcoin, why it’s happening and ask a fair question, what comes next?

Is this rise because of three key crucial factors, or is there more to it?

Is it just FOMO (fear of missing out) kicking in again, or is there a more sinister backdrop of conditions within the traditional financial system (TradFi) that’s boosting things along?

Also, we consider where, if bitcoin’s surging, and in the imminent future you’ve got to replace your gas boilers with government-approved heat pumps, where are you going to get the money from?

Can crypto save you from the policies that are going to cost you money?

All this and more in today’s Exponential Investor Podcast which you can access below.



And, one final thing:

“So simple and obvious – you’ll kick yourself for not seeing it earlier…”

On Thursday 28 October at 2pm, we’re hosting a free trading masterclass to reveal a new way of trading stocks.

But be warned: once this “clicks” – you may well be hooked for good.

Full details here.

(Capital at risk.)



Sam Volkering and Kit Winder
Exponential Investor

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Nearly 9 out of ten tech experts believe what's happening will be as transformative as the internet…
   
Mark Zuckerberg calls it the “next big thing”.
 
And in 2016 Apple CEO Tim Cook claimed it’ll “pervade your life” so much that using it will become as normal as “eating three meals a day”.)
 
In other words: what’s happening at this famous central London location could have a big impact on your life in the near future.

Capital at risk