If you were one of the investors sitting on the sidelines as Bitcoin prices skyrocketed 1,364% in 2017, then you weren’t alone.
Only 7.95% of American adults have purchased a crypto coin, according to Finder.com.
That’s no surprise.
Investors are weary of jumping into a new frontier of technology after getting burned in the tech crash of 2000. And it’s true: Cryptocurrency investments share a lot of similarities with tech stocks in the 1990s.
But that’s a good thing for you.
Today, we’ll show you how savvy investors got – and stayed – rich during the tech boom and how you can follow the same path with cryptocurrencies.
You see, everyone realized the incredible commercial potential of the Internet back in the 1990s. The Nasdaq surged 530% between 1995 and 2000, as investors piled money into Internet stocks.
The hype wouldn’t last, as only a few companies proved they could profitably harness the Internet’s potential.
The Nasdaq eventually crashed, plummeting 75% starting in early 2000. Internet companies were hit hard, as 3,892 were acquired at discounts, and another 962 were outright shuttered, according to Webmergers Inc.
Investors piled into the hottest new innovation and ended up getting burned. That’s the cautionary tale you’ve heard about the tech bubble time and time again.
But it’s not the whole story.
Investors who knew where to put their money got spectacularly rich…
Just ask Amazon.com Inc. (Nasdaq: AMZN) shareholders.
Founded in 1994 by Jeff Bezos, the visionary CEO knew the future of business was online. Bezos had a vision to overtake the bookselling industry through stellar customer experiences instead of chasing short-term returns.
In its 1997 business plan, Amazon didn’t expect to make a profit for four or five years.
“I would define Amazon by our big ideas, which are customer centricity, putting the customer at the center of everything we do, invention. We like to pioneer, we like to explore, we like to go down dark alleys and see what’s on the other side,” Bezos said in a 2013 “60 Minutes” interview.
Now, from running its own movie studio to selling its own private label of clothes, Bezos is dominating everything he touches.
That’s why Amazon not only survived the tech crash but is thriving…
A $10,000 investment in AMZN in 1997 would be worth $8.6 million today, netting savvy investors an incredible return of 85,900%% in 21 years.
And this same scenario is playing out the in the cryptocurrency markets right now.
Investors know the disruptive power decentralized, transparent, and secure coins will have in the world economy. They know it could make them a fortune. But like tech stocks in the 1990s, too many investors simply don’t know the right cryptocurrency to invest in.
We’re here to help.
You can find the next big crypto winner by applying the same methods investors used to find Amazon in 1997 to uncover coins with real potential.
We’re going back to the Internet boom to show you how Amazon succeeded where others failed. Once you separate the fads from the winners, one coin stands out as a must-buy right now.