I hope you had a wonderful Christmas and are busy gearing up for whatever you plan to do to ring in the New Year. 2020 is going to be an extremely consequential year, as I’ve been forecasting for quite some time.

Today, however, I wanted to focus my video specifically on Bitcoin and crypto stocks, because I get a lot of questions about whether or not we’re going to see another bubble.

Let me start here: whether we do or not near term – and either is possible in 2020 – the real bull market will not come until 2021 or 2022. Then it will prove to be the next big thing!

The truth is Bitcoin’s a lot like the Internet stocks, insofar as they first bubbled massively, peaked, then crashed. Then out of the ashes began the real longer-term boom from late 2002 into now, and especially since 2009 with the QE-driven bubble. That’s why you have to play that market quickly in this stage; people who think they can just buy and hold crypto stocks are crazy!

Look back at history: It makes things clear that cryptos are just like the Internet in its early “hype” phase and many others before it. Buy and hold will be an effective strategy only after this stage sees a 90%+ crash and many superifical companies go under as occurred between 2000 and 2002 for the internet stocks.

Forget the debate whether this is just a silly bubble or really the next great thing…

It’s both! It just depends on where we are in the cycle.

Watch this week’s video for more…

Strategies Fit for Today's Market

Investing is no longer a set-it-and-forget-it affair. If you’re still using that outdated approach in today’s irrational markets, you’re setting yourself up for massive losses and a difficult retirement. There’s a much… Read More>>
Harry Dent
Harry S. Dent Jr. studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on “Good Morning America,” PBS, CNBC and CNN/Fox News. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.” In his latest book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, Harry Dent reveals why the greatest social, economic, and political upheaval since the American Revolution is on our doorstep. Discover how its combined effects could cause stocks to crash as much as 80% beginning just weeks from now…crippling your wealth now and for the rest of your life. Harry arms you with the tools you need to financially prepare and survive as the world we know is turned upside down! Today, he uses the research he developed from years of hands-on business experience to offer readers a positive, easy-to-understand view of the economic future by heading up Dent Research, in his flagship newsletter, Boom & Bust.