Chris’ note: A panic is coming to the crypto market. It will catch millions of investors unawares. But it will also lead to surging gains in a tiny subsector of coins.
That’s what Teeka Tiwari shared with more than 12,000 of your fellow readers at his Crypto Panic 2023 event on Wednesday. And folks who tuned in had a lot of questions. So many, in fact, he couldn’t get to them all in the briefing.
If you missed it, catch the replay here. Then read on to discover what will trigger this panic… why bitcoin is a phenomenal asset to buy today… and why Teeka is recommending cryptos that pay out income-generating “royalties.”
For the past two weeks, I’ve been spreading the word on how a panic… and opportunity… are coming to crypto.
And on Wednesday night, I held my first major briefing of 2023 to explain what this panic is… and share my playbook for profiting from it.
I called it The Crypto Panic of 2023. And more than 12,000 people tuned in.
Attendees sent in a ton of questions during my Q&A session. And I didn’t have time to answer them all.
So today, I’ll answer some of the more pressing questions I got during my briefing that I couldn’t get to.
Question No. 1 – Bitcoin is on fire right now. Should I buy?
Absolutely. Bitcoin is a phenomenal asset. If you don’t own it, you should buy it.
On March 2, I told my Palm Beach Confidential subscribers to buy bitcoin under $20,000. Here’s what I said…
If you want to be opportunistic with bitcoin, I think you want to wait for prices sub-$20,000. Chances are you’ll see sub-$20,000.
Within days of that update, bitcoin dropped to sub-$20,000. Since then it has gone up to as high as $28,700.
Subscribers who listened to me had the chance to make as much as 46% in just two weeks.
But buying bitcoin is NOT the best move you can make right now.
On Wednesday night, I shared details about a tiny subsector of the crypto market that will benefit from this panic.
If you don’t own these coins, you’ll get wiped out as the broad crypto market – excluding bitcoin – gets crushed. If you do, you’ll have the potential to make a killing from this buying panic.
Unlike most cryptocurrencies, these coins are programmed to pay you monthly income on top of capital gains. And they’re set to benefit from a surge of activity coming to one of crypto’s largest networks as early as next month.
I even gave away the name of one of those coins, completely free. So watch the replay right here for that.
Question No. 2 – With the banking crisis, a possible credit crunch, and more Fed rate hikes, should we wait until things calm down in the markets?
No.
Like I mentioned during my event, getting paralyzed and doing nothing is the worst thing you can do.
I know it’s a scary market. And I get how it feels more comfortable to just sit tight and wait for the storm to pass.
But if I’m right – and I believe I am – doing nothing could be among one of the biggest financial mistakes of your life.
Thanks to the turmoil, many of these coins that have these automatic payouts are selling for pocket change.
And that’s how you turn $1,000 into a comfortable nest egg, all while getting paid every month.
But you must act now.
Once the panic begins, it could be too late.
Question No. 3 – What will trigger this panic?
The panic I’ve been warning you about will be different from past crypto panics.
It won’t be a typical panic that leads to mass selloffs. It will be a buying panic of epic proportions.
And the catalyst involves Ethereum. It’s the world’s second most valuable crypto network after bitcoin.
In the coming weeks, Ethereum will complete something called its Shanghai upgrade.
It has the potential to unlock a $40 billion income opportunity for holders of ether (ETH), the cryptocurrency native to Ethereum. And it will open the doors to 290 million new investors.
It has to do with crypto “staking.” It’s a way of earning rewards for holding certain types of cryptocurrencies.
The Shanghai upgrade allows folks staking on Ethereum to withdraw their coins whenever they’d like.
You see, since December 2020, Ethereum staking has been a one-way street. You could only deposit coins. And until this upgrade, you had no way to access them.
This lowers the risks involved with staking. And it opens the door for institutional capital to stake ether. So I expect higher ether prices heading into the second half of 2023.
That will ignite a buying panic in ether and the coins associated with its ecosystem – like those that make automatic payments.
Question No. 4 – Why do you believe the Shanghai upgrade will cause a buying panic?
Because I believe it will follow a similar pattern to bitcoin after its halvings.
They happen every four years. And each one reduces supply coming to the market.
The first halving was in 2012, the second in 2016, and the third in 2020. And each time bitcoin surged…
-
After the first halving in 2012, bitcoin rallied 9,200%
-
After the second halving in 2016, it soared 2,900%
-
And since the third halving in 2020, it soared as high as 681%
I believe the coming crypto buying panic will bring even larger gains than the past bitcoin halvings.
And remember, bitcoin halvings happen every four years… Ethereum developers programmed the Shanghai update to happen only once.
So you must act now to take advantage of it.
Question No. 5: What types of cryptos will benefit from the Ethereum upgrade?
The types of tokens I’m talking about pay out income similar to royalties.
And they can be hugely profitable…
When Tom Hanks saw Forrest Gump would be a huge hit, he sacrificed an upfront salary in favor of a royalty deal.
Forrest Gump earned more than $678 million worldwide. Hanks netted $60 million in royalties from the film. He did the same amount of work… for 9x the payday he would have gotten had he taken a lump sum up front.
The same thing happens in TV.
Even though hit sitcom Friends ended in 2004, the main actors still earn $20 million a year in royalties from it.
And comedian Jerry Seinfeld still makes roughly $90 million a year from Seinfeld royalties.
The royalty model can make you rich in crypto, too, by handing you regular payouts year after year.
A handful of cryptos share a portion of their revenue with their holders month after month.
And many of these coins are tied to Ethereum’s ecosystem.
Once developers flip the switch on the Shanghai upgrade, we could see millions of investors flock to them because they’re aligned with Ethereum.
So a buying panic could begin at any moment.
Question No. 6: Can I watch the replay of the event?
Yes. Some of the attendees couldn’t watch the entire interview last night, and they ended up missing what could be my most urgent warning of the year.
So I had my team post the official replay of The Crypto Panic of 2023 online for you.
You can go here to stream it. But hurry, it will only be available for a limited time.
Let the Game Come to You!
Teeka Tiwari
Editor, Palm Beach Daily