Bitcoin to $250,000, plus secrets from a market wizard

      Comments Off on Bitcoin to $250,000, plus secrets from a market wizard

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through the current market and investing landscape. Here’s what’s on the docket:

We spoke to Joseph Edwards, a former professional esports coach turned crypto researcher who called bitcoin’s meteoric rise to $60,000 last year. He broke down his prediction that it could reach $250,000 by 2025, and shared two altcoins that could surge 20 times over the next few years.Peter Brandt is a highly skilled trader profiled in Jack Schwager’s book “Unknown Market Wizards.” Best known for averaging 58% annual returns over a 27-year period, he laid out how he identifies asymmetric opportunities and avoids performance-dragging trades.30-year real-estate-investing veteran Deb Cleveland is a house flipper who owns 80 rentals. In an interview with Insider, she explained how she finds discounted properties, renovates on a budget, and sells for huge profits.If you aren’t yet a subscriber to Insider Investing, you can sign up here.

Have thoughts on the newsletter? Just want to talk markets? Feel free to drop me a line at jciolli@insider.com or on Twitter @JoeCiolli.

Bitcoin’s path to $250,000 by 2025

INA FASSBENDER/AFP via Getty Images

Joseph Edwards is the head of research at Enigma Securities, a London-based crypto

liquidity
firm. He called bitcoin’s meteoric rise to $60,000 last year and predicts it could reach $250,000 by 2025. The ex-professional esports coach also shares two altcoins that could surge 20 times over the next few years.

Read the full story here:

The head of research at a crypto firm who called bitcoin’s surge to $60,000 last year breaks down why it will reach $250,000 by 2025 — and shares 2 altcoins that could go up 20 timesA market wizard explains how to find asymmetric opportunities

Keystone-France/Gamma-Keystone via Getty Images

Peter Brandt is a highly skilled trader profiled in Jack Schwager’s book “Unknown Market Wizards.” Over the years, Brandt has grown from a technical analysis trader to a meticulous risk-taker. He broke down how he identifies asymmetric opportunities and avoids performance-dragging trades.

Read the full story here:

Unknown market wizard Peter Brandt averaged an annual compounded return of 58% over 27 years. The highly profitable trader breaks down how he finds asymmetric opportunities — and shares 2 rules to avoid ‘popcorn trades.’How to master house flipping

Deb Cleveland

30-year real-estate-investing veteran Deb Cleveland is a house flipper who owns 80 rentals. She got her first property for $62,000 with a five-year loan and sold it at $225,000 18 years later. Cleveland explained how she finds discounted properties, renovates on a budget, and sells for huge profits.

Read the full story here:

Deb Cleveland is a master house flipper who maintains 80 rental properties. The 30-year real-estate-investing veteran breaks down how she picks discounted houses to buy, renovate on a budget, and successfully sell or rent for huge profits.Stock pick centralSeeking experts who are willing to name names? Look no further:

Goldman Sachs says to buy these 38 stocks offering strong sales growth and margins — and are best-positioned within their industries to weather an economic slowdownMorgan Stanley says these 10 stocks are the firm’s top selections right now in a group of picks that’s doubled the S&P 500 over the last 3 yearsTop 12 meme stocks this week on Reddit: AMD and Tesla steal the show after blowout earnings reports while Square shakes up the fintech space with a bold acquisitionMorningstar handpicks 10 bargain ETFs to buy now, even after inflows set a new record above $500 billion, topping 2020’s breakneck pace of investmentGoldman Sachs names 26 stocks with the solid balance sheets to continue beating the market as the Fed’s tapering plans trigger chaos elsewhereUBS says to target stocks in these 5 industries that offer attractive risk-reward profiles as the broader market’s near-term trend skews to the downside

Read More