Last Friday marked a major milestone for bitcoin investors.
Not only did the digital currency reach an all-time high of $1,293 (a 313% increase in just 12 months)...
But for the first time ever, bitcoin became more valuable than one of the most stable and valuable commodities in the world: gold.
So what does this mean for the future of this crypto-currency? More importantly, what action should you take as an investor?
Today I’ll give you my opinion...
Then I’ll show you a way to cash in on a new digital currency—one that has the potential to return up to 7,600% (or more) in the coming years.
What is Bitcoin?
Before we dive in, let me tell you what Bitcoin is and how it works...
Simply put, bitcoin is a currency, like dollars or euros.
But you can’t hold it in your hands. It only exists digitally.
Bitcoins are stored on the Internet as computer code. You can access your holdings from your computer, or from an internet-enabled device like a mobile phone.
You can buy it online, on a bitcoin exchange.
And you can spend it online. For example, companies from Amazon to Overstock.com to eBay accept bitcoin as a form of payment. The IRS even lets you pay your taxes with the digital currency.
But its use as a currency isn’t the thing that’s made bitcoin so popular lately...
Massive Gains
As Bitcoin’s popularity continues to increase, so does its value.
For example, as more people use bitcoin, more retailers will accept it. And as demand for it increases, so does its price.
As I mentioned earlier, over the past 12 months alone, bitcoin’s price has soared from $413 to $1,293—essentially tripling investors’ money in a year.
And over the past five years, its price has skyrocketed by 26,280%. That’s enough to turn every $1,000 you invested into $263,800.
So what should you do now that bitcoin is more valuable than gold?
Is it time to jump on the bandwagon and go long bitcoin?
Or is this a sign that bitcoin has peaked and it’s time to bet against it?
Well, we might have a better option than either of those alternatives...
A New Digital Currency Profit Opportunity
You see, there’s a new digital currency in town—and it has the potential to put bitcoin’s profit potential to shame.
It’s called Ethereum.
Just like bitcoin, Ethereum is a digital currency. It too can be stored online, and used to make purchases.
But what makes Ethereum so unique is that it can also be used to make investments. And as you’ll learn in a moment, this single feature has enticed 30 of the largest banks in the world to bet big on this new digital currency.
The Ethereum phenomenon is relatively new, but it’s gaining a lot of attention:
In the past 18 months alone, its value has shot up by 994%. That’s enough to turn $1,000 into nearly $10,000.
But that might just be the beginning…
You see, two weeks ago, some of the largest companies in the world decided to throw their weight behind Ethereum. Microsoft (NASDAQ:MSFT), Intel (NASDAQ:INTC), and 30 major banks like JP Morgan formed The Enterprise Ethereum Alliance.
The purpose of the Alliance is to help promote widespread adoption for this new currency. This could cause demand for Ethereum to increase dramatically.
And as we’ve seen with bitcoin, as demand rises for a currency, so does its value.
How to Play It
To be clear, there’s no telling how things will shake out for this new currency.
It’s still early days.
So we’re not quite ready to invest in Ethereum—and we’re not quite ready to encourage others to invest in it, either.
That being said, we might be ready to pull the trigger very soon.
After all, if Ethereum reaches the same value as bitcoin, then even a small $1,000 investment at today’s prices could turn into $76,000 down the road.
So if you’re interested in this unique opportunity, stay tuned…
We’ll keep you updated.