What’s Navellier’s “Crytpocurrency Master Key” — is it “the “Holy Grail of cryptocurrency investing?”

Blue Chip Growth teases "a unique way to unlock as much as $43,098 (possibly more) beginning Thursday, February 22nd from the booming crypto-markets…"

By Travis Johnson, Stock Gumshoe, December 20, 2017

This is the headline that got a lot of readers’ attention:

“WARNING: Do not put a penny into any cryptocurrency until you read this urgent message.”

It’s part of an ad for Louis Navellier’s Blue Chip Growth, and he goes on…

“If you want to make a fortune in the red-hot cryptocurrency markets, there’s only one thing you need to know…

“DO NOT buy Bitcoin, Ethereum, Ripple or any of the other 1,211 cryptocurrencies out there.”

“I’m going to reveal for the first time in public a unique way to unlock as much as $43,098 (possibly more) beginning Thursday, February 22nd from the booming crypto-markets…

“No matter which cryptocurrencies go up or down in value…

“WITHOUT knowing a lick about computers or programming…

“And most importantly, WITHOUT doing anything risky with your money.”

So… what are we dealing with here? First, know the context: Louis Navellier is promoting his Blue Chip Growth newsletter, so it’s likely to be a large capitalization growth stock that represents this “Cryptocurrency Master Key” — but we’ll keep an open mind and sift through the clues.

And he implies that the opportunities are as massive for this “Master Key” as they have been for the actual cryptocurrencies…

“I’m talking about a way to potentially unlock the market’s biggest and fastest gains… and make 10x —20x the returns of many cryptocurrencies — yes, including Bitcoin — over the long haul, but with nowhere near the same amount of risk.”

Time will tell on that… but though he’s certainly using the mania and fervor over bitcoin’s stratospheric recent rise to get your attention, the comparisons he uses in saying that “Master Key beats Bitcoin by more than 3-times!” and similar claims are all from past time periods, like 2016, before that ridiculous bitcoin run. For some reason, he also pulls most of his charts from Stansberry Research, though Navellier’s the main guy at competitor Investorplace (I haven’t seen the two work together in the past, though Stansberry is also distributing this latest ad for Navellier’s letter).

And, as usual, Navellier (or his copywriters, I expect) lays it on pretty think when it gets to how exclusive and lucrative this “master key” is….

“… not 1 in 1,000 people are aware of this cryptocurrency Master Key.

“How does it work? Well, you see, a Master Key is a single key that can be used to unlock any door in a building, even though each door has its own individual key. Imagine a 1,000-room luxury New York high-rise. For privacy and security, each room has its own unique key