Bitcoin is up 46,053% since we first profiled it at $13 in 2012!
Ethereum has risen 2,207% in just the past 11 months… And our newest stock suggestion, HIVE Blockchain Technologies, is up 406% since we first recommended it to you on September 18th.
There has been a lot of confusion amongst investors as to how best to proceed in this space, especially in understanding that Bitcoin is just one application of blockchain technology.
Blockchain technology is used to verify and record transactions. It self-validates, unlike the entire banking system today, or almost any transaction between two people. With the blockchain, you don’t need a 3rd-party verification company.
What makes the system so powerful and unhackable are the hundreds of thousands of computers working to solve complex mathematical problems that are used to verify transactions, giving the blockchain pure integrity.
HIVE is one of those miners who are able to mine different cryptocurrencies in order to position the company for maximum margins with their production.
The last time I spoke to Harry Pokrandt, HIVE’s CEO, he told us that since the company is very well capitalized right now, they plan to hoard nearly all of the cryptocurrencies they mine.
This hoarding strategy allows them to potentially sell these new tokens they produce down the road at much higher prices.
I think this is a very smart and prudent move. The world is moving towards the blockchain, and these quality coins HIVE is mining are all finite. As a shareholder, I am very pleased to see this strategy unfold for HIVE.
Our Recommendation: Consider accumulating shares of HIVE Blockchain Technologies (TSXV: HIVE & US: PRELF).
This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
Never base any decision off of our advertorials. Future Money Trends stock profiles are intended to be stock ideas, NOT recommendations. The ideas we present are high risk and you can lose your entire investment, we are not stock pickers, market timers, investment advisers, and you should not base any investment decision off our website, emails, videos, or anything we publish. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. Never base any investment decision from information contained in our website or emails or any or our publications. Our report is not intended to be, nor should it be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell securities, or as a recommendation to purchase anything. This publication may provide the addresses or contain hyperlinks to websites; we disclaim any responsibility for the content of any such other websites. We are long HIVE Blockchain Technologies and have received options directly from the company. We are also in the process of buying additional shares. Please use our site as a place to get ideas. Enjoy our videos and news analysis, but never make an investment decision off of anything we say. Please review our entire disclaimer at FutureMoneyTrends.com
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