What is Teeka Tiwari’s April 2nd cryptocurrency shocking Bitcoin prediction?What is Teeka Tiwari’s April 2nd cryptocurrency shocking Bitcoin prediction?
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My guess would be Ripple
i watched the whole video and the november $1M BTC giveaway. Teeka has recommended Bitcoin, Ethereum and Ripple in the past. The “Ethereum of China” is NEO.
The big announcement he predicts for April 2nd is that Goldman Sachs will go public with their Crypto Trading Desk. Tons of institutional money, pension funds, hedgefunds (120BTC hedgefunds approx $3TR) are predicted to flow into crypto market.
Teeka says Coinbase is becoming a qualified custodian and has shared as an example that a $10B order from institutional player has pledged and is waiting to get into BTC. If there is $84.9TR assets under management and even 1% flows into cryptos that’s $849B influx. Teeka predicts BTC will go to $350k in next couple years.
Obviously he is very bullish on cryptos and wants as many to sign up for his Palm Beach Letter as possible. I would counter that you can learn how to trade watching YouTube videos. I have not signed up for PBL but am learning how to do technical analysis and trade on my own instead of relying on a PBL type service that sends potentially stale recs only monthly. Cryptos are very volatile so be prepared for massive price swings. I believe the coins on Coinbase are safe long-term bets. I’ve read that Travis holds Bitcoin Cash and Ethereum. Hope my decoding is helpful to our Gummie community. I’ve appreciated Travis’ research and member’s comments greatly since November. I’m grateful I found this service and can finally share something back 🙂
Thanks for the summary!!
Just my opinion on BCH BitcoinCash, its very fishy and in my honest opinion a scam. Roger Ver, the CEO on bitcoin.com is pushing BCH instead of the original Bitcoin BTC on bitcoin.com…..lots of highly respected cryptocurrency professionals and enthusiasts have called him out on this. Also when BCH was first listed on Coinbase, there was a sharp drop in price, telling me he got everyone for their money. For him to own the domain rights to bitcoin.com and blockchain.com tells me something. Do couple google searches and see why increasing the size of the blocks on the blockchain (bitcoin cash increased the blocks from 3MB to 8MB) is actually not a solution to the scaling and usability of bitcoin as an internet currency.
Read the whitepapers on Bitcoin, it was meant to be decentralized, aka not owned by anyone. Unfortunately there is abuse because early adopters like Ver and even govt for instance like china owning Costco size warehouses dedicated to bitcoin of BTC, have seen unfathomable gainz. As we get closer to the max supply of Bitcoin, 21 mill, minning for new coins will be more costly and difficult for processors/chips. Because theres a set cap on bitcoin, some analysts are predicting crazy numbers, like 350K. We’ve seen 20K, so I am deff bullish on getting back to 20K. I will look to possibly cash out around 30-45K depending on how risky I want to be. Now I am not sure about anything, but what I do know, I am cash out on my gains before the massive sell-off that typically happens around December/January and reinvest some and keep cash. End of the day, cash is what you need to pay for things and I believe were still far away from bitcoin being classified as a currency.
Tiwari recommended getting out of BCH as soon as it was issued & then later re-recommended it.
I’m a member to this service, not sure why it says I’m a Guest. any thoughts?
Looks like Travis took care of it. U’r now listed as an Irregular there.
Now I’m listed as a guest…
still!