The Proof Behind the Second Crypto Boom in 2019

Ed Ludbrook - Future of Crypto
3 min readJan 7, 2019

Timing is everything when making a fortune. As the saying goes “You must be in the right place at the right time.”

The greatest wealth boom in history has started and the key to winning is to take action now. It’s called the ‘Second Crypto Boom’ and there will never be another opportunity like it in your lifetime!

How many times have you heard those claims?

I want to provide you with links to news articles which prove that a tidal wave of money is about to hit a very small speculative industry, which could result in a boom of prices in excess of 500%.

So what is happening?

Crypto is short for ‘crypto-assets’. These are digital assets created on a blockchain that are designed to create new currencies, more effective contracts, community incentive systems, logistics systems and ways of funding innovation. The potential value of these assets is $10trillion but the current value is just $120billion, so people are speculating that prices will rocket.

This is a very new market, so prices are speculative and for every positive person there is a negative person who has no idea of what’s happening. It’s like social media in the early 2000’s.

The first crypto price boom happened in late 2017 and soon everyone had heard of Bitcoin. This speculative boom was driven by Asian speculator traders, but the boom turned to bust in 2018. And the news since has been negative, with many decrying Bitcoin and all the other crypto as a ‘bubble’ based on a scam.

Yet the truth is that this technology has huge value and there are tens of thousands of people building new technology projects that will solve some of the biggest problems in society today.

The second crypto boom will occur in 2019 for the simple reason that the financial institutional sector will enter this market and their massive investment power will skyrocket prices. Just 0.1% of their investment funds would increase prices by 500% and experts claim they are likely to invest more than 1%.

Financial institutions are the big money of the investment world, controlling tens of trillions of dollars. They are pension funds, hedge funds, banks, family offices and millions of ‘sophisticated’ investors. For them to invest in any asset classes they require special platforms to be in place with elements like high liquidity, hedging [future contracts], custodial services and regulations.

They also need these platforms to be provided by highly credible organisations, such as stock markets, banks or brokerage firms, who must do their due diligence on assets. Once this is in place, they will allocate a percentage of their funds if they think the rewards are worthwhile.

The links below are media announcements from the world’s largest stock markets and brokerage firms, which support the fact that the largest financial institutions ARE launching platforms in 2019 for institutional clients. This is FACT and is proof that institutions will pour into crypto in 2019.

Fidelity — https://www.cnbc.com/2018/10/15/fidelity-launches-trade-execution-and-custody-for-cryptocurrencies.html

Ameritrade — https://www.cnbc.com/2018/10/03/td-ameritrade-bets-on-a-new-cryptocurrency-exchange.html

NASDAQ — https://www.cnbc.com/2018/11/28/nasdaq-to-launch-bitcoin-futures-despite-cryptocurrencies-bear-market.html

NYSE — https://www.cnbc.com/2018/11/28/bitcoin-and-digital-assets-are-here-to-stay-says-nyse-chairman.html

German No1 Stock Market — https://www.ccn.com/deutsche-borse-launches-dedicated-cryptocurrency-and-blockchain-unit/

German Stock Market — https://www.ccn.com/german-stock-exchange-giant-to-launch-crypto-trading-how-it-will-affect-the-european-market/

Canadian Stock Exchange — https://cointelegraph.com/news/subsidiary-of-canadian-stock-exchange-operator-to-open-crypto-brokerage-service

Singaporean Stock Exchange/Temasek — https://www.techinasia.com/temasek-subsidiary-singapore-exchange-invest-trading-platform-blockchain-tokens

Westpac invests in Coinbase — https://www.westpac.com.au/about-westpac/innovation/our-partners-and-portfolio/

Korea’s No2 Bank owns Gopax exchange — https://www.theblockcrypto.com/2018/11/23/how-south-koreas-second-largest-bank-invested-in-a-crypto-exchange-and-shook-up-the-market/

So what now?

If you read these articles, you will recognise that the second crypto boom is coming. Prices will climb and the focus will most probably be on three ‘Blue Chip’ coins; — Bitcoin, Ethereum and Litecoin.

Your choice is simply to ignore this reality or to buy crypto ahead of the boom.

At Dacxi we recommend a ‘bundle’ or ‘portfolio’ approach where you buy those three coins, in the right proportions. As little as $100 can get you ahead of this boom.

Sign up to discover human stories that deepen your understanding of the world.

Free

Distraction-free reading. No ads.

Organize your knowledge with lists and highlights.

Tell your story. Find your audience.

Membership

Read member-only stories

Support writers you read most

Earn money for your writing

Listen to audio narrations

Read offline with the Medium app

Ed Ludbrook - Future of Crypto
Ed Ludbrook - Future of Crypto

Written by Ed Ludbrook - Future of Crypto

I am Financial Futurist, Educator & Entrepreneur. Multi-million selling author in 20 languages. The Future of Crypto book coming.

No responses yet

Write a response