A lot of people ask me about bitcoin.

I wrote one article on bitcoin back in 2017 with a neutral outlook, and the bitcoin price has been volatile but largely sideways since then, and is now at a price roughly the same as when the article was written.

https://www.lynalden.com/cryptocurrencies/
Now in 2020, I lean a bit more bullish on BTC. I still prefer gold/silver/miners overall, but BTC is a play on the same theme of debasement of global fiat and excessive liquidity coming in the years ahead. Big upside and downside potential.

BTC halving is another nice catalyst.
I wrote my BTC article back in 2017 because, due to the surging price, I got a ton of emails from people about it and excited with it.

So I wrote my article to chill people out and provide a sober analysis of pros and cons. The neutral outlook ended up being good for 2-3 years.
After bitcoin crashed from its late 2017 peak, in 2018 I got a ton of emails about pot stocks; people excited about them.

I didn't invest in any pot stocks and my email responses to readers warned about overvaluation and to be cautious in the space.
After pot stocks crashed, in 2019 I got a ton of emails about gold stocks; people excited about them.

Unlike pot and BTC, I do invest in precious metals and like them. However, I warned a couple times about excited sentiment; focusing on the long run and remaining diversified.
My reader emails have been a strong contrarian indicator; lots of retail readers from Google. So far, no big email theme in 2020, but it's been a fear-based market anyway.

FinTwit is a bit more niche, so plenty of people still interested in gold and BTC. I don't see much pot.
If my blog existed in the early 2000's, I probably would have gotten a lot of emails about emerging markets and "BRIC" investing.

Takeaway: If you're excited about something, or a lot of people are excited about something, be careful and manage risk appropriately.
You can follow @LynAldenContact.
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