Don’t Forget About Bitcoin: Video Clips
March 04, 2022
Beth Kindig
Lead Tech Analyst
With all of the volatility in the stock markets, it would be easy to forget about Bitcoin as it’s not the most volatile asset across the tech universe anymore (that crown goes to small caps and dare we mention SPACs). Even solid cloud companies like Shopify are down more YTD and on a 1-year basis than the highly debated yet leading cryptocurrency. We are using Shopify as an example because it’s a solid #2 for market share in e-commerce.
YTD:
(53%) SHOP
(6.8%) BTC
1-YEAR:
(50.9%) SHOP
(12.7%) BTC
It's true that BTC is down 50% from ATHs but long-term investors are essentially flat over a year's time frame while Shopify investors have lost two years of gains. Both have solid long-term stories and will continue to see gains yet it's Bitcoin's narrative around volatility -- and whether it's less safe than stocks -- that should be questioned.
The I/O Fund has outperformed even crypto market returns on Bitcoin due to our active trading stance. We have bought Bitcoin during many crypto selloffs and trimmed when it appears to be topping out, as you can view in this chart here. We always have an eye on the crypto market and this selloff is no exception as both myself and Portfolio Manager, Knox Ridley, recently had media opportunities where we discussed why Bitcoin continues to have a leading allocation in our portfolio.
In this exciting media clip, Knox answers some very pointed questions by CoinDesk that they had not prepared him for – including how can the I/O Fund say it’s a store of value? – what proof do we have? Fair question and I’d say his answer settles the debate.
He also discusses how gold compares to crypto in terms of volatility with some surprising statistics about Bitcoin’s outperformance.
In the next video clip, you’ll hear me discuss my overarching Bitcoin thesis which I first released to our free newsletter in July of 2019. We check-in on this thesis and how it’s faring. Main points from this clip include proof that Bitcoin has a large addressable market, and how we predicted economic uncertainty, mobile payments and institutional adoption would ultimately drive gains in this asset.
We summarize our thesis including a free download of our full-length premium report from 2019 here. In two brief weeks since this interview was first recorded, Ukraine has helped prove the point on economic uncertainty that we discuss in this clip. We also emphasize that United States investors need to think outside their own bias towards a stable banking system and look to the behavior of crypto adoption in countries with lower GDP.
The I/O Fund is a team of analysts who share their research publicly as they build a portfolio of 20 stocks. Our team has record results for a retail Fund and we also have four-digit gains on some of our free newsletter coverage. You can learn more about our premium service by clicking here or sign up for our free newsletter here.
Disclaimer: This is not financial advice. Please consult with your financial advisor in regards to any stocks you buy.
Gains of up to 403% from our Free Newsletter.
Here are sample stock gains from the I/O Fund’s newsletter --- produced weekly and all for free!
+344% on Nvidia
+403% on Bitcoin
+218% on Roku
*as of March 15, 2022
Our newsletter provides an edge in the world’s most valuable industry – technology. Due to the enormous gains from this particular industry, we think it’s essential that every stock investor have a credible source who specializes in tech. Subscribe for Free Weekly Analysis on the Best Tech Stocks.
If you are a more serious investor, we have a premium service that offers lower entries and real-time trade alerts. Sample returns on the premium site include 324% on Zoom, 601% on Nvidia, 445% on Bitcoin, and 4-digits on an alt-coin. The I/O Fund is audited annually to prove it’s one of the best performing Funds on the market with returns that beat Wall Street funds.
More To Explore
Newsletter
Nvidia Was Up 235% In 2023, Don’t Expect It To Continue
We’ve had unwavering conviction in Nvidia’s AI story since November of 2018. In fact, it was our leading position going into 2023 and our AI allocation of 45% exceeded Stanley Druckenmiller at 29%, me
Stocks, Oil and the Dollar
The two most important markets that are driving the S&P 500 is oil and the US dollar. Both are suggesting a continuation of the equity rally for another leg higher, but then the also suggest a return
Major Top or One More High
September is widely known to be the worst month for tech as it’s the only month to see negative average returns for the past decade for the Nasdaq 100. Meanwhile, the index is entering September up 42
Tesla’s Margins: How Low Will They Go?
Tesla stock has rallied through most of 2023 during a time when consensus was estimating sales to grow +23% y/y but earnings to decline 15%. The main driver behind the decline in earnings estimates is
Nvidia Stock: How We Plan To Position For Q2 Earnings
Nvidia guided fiscal Q2 at $11 billion, which is 53% higher than analyst expectations of $7.2 billion. The stock was up 25% after hours, adding $200 billion to its market cap in the matter of a day.
Alphabet Stock: Search Giant Is Just Getting Started
Going into this year, we were positioned for bottom-line focused investment themes that we felt would be able to deliver earnings growth due to secular demand for its products, and in some cases, be a
This Next AI Trend Could be Worth Trillions
In the clip below, Beth Kindig discusses how AI will drive stock market caps well into the trillions of dollars.
NASDAQ REBALANCE: WHAT YOU NEED TO KNOW
On June 30th, the NASDAQ posted the strongest first six months in the index’s history, dating back to 1971. The 6-month returns of 30.5% in 2023 easily beats the prior record of 25.2% in 2019. The maj
Tesla Q2 Earnings – It’s About Margins
After the strong rally, it appears the market is taking profits on commentary around the outlook for margins. It’s not only that they were lower quarter-over-quarter (QoQ), but also Tesla provided zer
Semiconductor Stocks: Q2 Sector Overview
Semiconductors are the common denominator across the burgeoning technology trends of the next decade. Artificial Intelligence, 5G, high-performance computing, Internet-of-Things, gaming, electric vehi