Neil here. I hope you’re having a great week so far.
It seems like everybody’s talking about one thing these days: when and how we’re going to reopen the country (and the world).
Personally, I can see both sides of the situation. On the one hand, I worry about what might happen my parents or my daughter were to get sick. On the other, I own multiple businesses and a stock portfolio – which means I’m feeling some sharp pains from the market.
At the end of the day, I’m hoping for a slow, steady approach to this problem – ideally an approach backed by real science and data. After all, if we rush into things too quickly, we might set ourselves back even further and wind up in quarantine much longer than we would with a more calculated strategy.
And until the grand reopening comes, I’ll stay safe at home with my wife and daughter… and I’ll do my best to focus my time and energy on sectors that are doing well despite the crisis.
We’ve talked a lot lately about startups that are built to persevere through coronavirus. Software, edtech, medtech… the list of companies that could benefit from this “new normal” goes on and on.
But if you zoom out even further, there are entire asset classes that stand to do well, too.
Right now, the horse I’m willing to bet on is the microcurrency market.
It’s part of a market that’s 18 times bigger than the stock market; $6.6 trillion changes hands here every day. Why? Because the microcurrencies inside this market are quick. Nimble. Adaptable. These are qualities I look for in a great startup, because leaders of the future move quickly today. And those qualities are exactly what draw me to microcurrencies.
Another parallel? Microcurrencies solve problems. They allow business to make huge financial transactions faster and more efficiently – and in many cases, these transactions are significantly safer, too.
That’s why so many industries have adopted these microcurrencies… Healthcare, ecommerce, travel, real estate, you name it.
Now, if you know anything about my angel investing philosophy, you know that the number one thing I look for in a startup is huge upside potential. If there’s no chance at all of netting a 1,000X return, I’m not going to be bothered with writing a check (and neither should you).
Call me spoiled, but that philosophy has bled over into every other part of my life, too. If any type of investment doesn’t have huge upside potential, why do it at all?
It’s part of why I don’t spend a ton of my time (or my money) buying and holding blue-chip stocks. That method is incredibly successful for many people – it’s pretty reliable and can absolutely generate double-digit returns or better. But you know me… I want triple-digit returns or more, if possible.
That’s why I love microcurrencies. I already told you they move fast… but what I didn’t mention is that the opportunities to profit from them move fast, too. Here’s an example: one microcurrency used in the advertising industry recently jumped 3,602% in just two weeks.
They’ve been around for a while now, but in the grand scheme of things, these currencies are pretty new. What I mean by that is that they aren’t ubiquitous just yet. Plenty of industries still rely partly or entirely on more traditional currency systems – but most experts believe the microcurrency market is the future.
And Silicon Valley seems to agree. The vast majority of new startups I’m seeing use this market to some extent; and a huge number of them rely completely on microcurriencies to perform their daily functions.
I truly believe this is the next huge paradigm shift… and that it has enormous potential to change the global economy forever. Which is exactly why I’m learning everything I can about this market right now. I don’t want to be the next guy who missed out on one of those insane stories of 3,000%+ returns.
A lot of you have been asking me for more information on this market lately. I’ve already done all the research on the best ways to take advantage, so let me save you some time. All the information you’ll need can be found by clicking here.
Until next time,