Riding the Bitcoin Wave - Live with Kevin Kelly
Real Vision editor, Max Wiethe, joins Kevin Kelly, CFA, co-founder of Delphi Digital, break down Bitcoin’s recent big moves and consider how much upside there is left. As Bitcoin has been one of this year’s best performing assets, Wiethe and Kelly explore the macro and market variables that propelled its rally upward and whether this upward momentum is signaling a secular trend toward broader acceptance of cryptocurrencies in general. They also discuss what sorts of risks may cause pullbacks in Bitcoin going forward and how investors can successfully navigate and profit off this emerging asset class. We highly encourage Plus members to dig deeper by reading Delphi Research’s most recent report, which can be found here, and bring questions for Kelly to answer during the session: https://www.realvision.com/issues/is-bitcoin-eating-the-world. Key Learnings: The swath of institutional money flowing into Bitcoin and Paypal’s recent announcement for users to buy, hold, and sell cryptocurrencies has renewed enthusiasm around the digital asset, which led to a huge spike in Bitcoin’s price movement. The case for cryptocurrencies continues to build on itself as wider adoption grows, and investors would be remiss to not learn more about cryptocurrencies and strategies to make returns in this emerging asset class.