Some Thoughts On The Future Of Trading Financial Markets & Cryptocurrencies

A few years ago I switched my focus from day trading the old-school financial markets to placing 100% of my attention on Bitcoin and other cryptocurrencies.

People I respected told me I was crazy and Bitcoin was dying.

But I saw the writing on the wall…

The stock market was rigged. The “small” retail trader had very little chance at being consistently profitable trading the traditional financial markets anymore.

Unless you were a high-frequency trading firm or a penny stock manipulator…

You were fighting an uphill battle against a system designed to make you fail.

On the other hand, Bitcoin gives the “little guy” a real chance at making a life-changing amount of money in the financial markets.

Unlike the stock market where you need $25,000+ to day trade, a Bitcoin trader can start with as little as $5.

Also, traders can place orders directly through the exchanges. No need for brokers — goodbye middlemen that offer no value!

The thing that makes Bitcoin so risky is also what makes it so attractive to traders — volatility.

You see, big swings in the price of a market offer more trading opportunities and profit potential…

And the stock market’s volatility is currently at record lows, where it’s commonplace to see 100%-500% moves in cryptocurrencies.

Finally, the crypto markets aren’t dominated by billion dollar hedge funds running market manipulating high-frequency computer algorithms… yet.

Today Bitcoin is making for a run to new all-time highs in price…

  • One Bitcoin is more valuable than one ounce of gold.
  • Bitcoin is currently the best performing asset/currency of the decade.
  • Altcoins have gained over $10B in market cap in 3 years
  • Banks, VC firms, and trading floors are rushing into the “blockchain” space
  • A new crypto project just raised capital at a $300M valuation THIS WEEK!

Look, I don’t know where the price of Bitcoin’s going to be in a year.

There are some big risks with cryptocurrencies, and trading them isn’t right for everybody.

But I can say this with 100% certainty — decentralized digital currencies are here to stay. This isn’t a passing fad.

They are already changing the world in ways that many people in the West don’t feel yet because we have access to a legacy banking system that makes us feel “comfortable” at the moment.

Currency competition is one of the best things to happen to capitalism and entrepreneurship this century.

For example, it’s giving entrepreneurs in third world countries a way to take control over their finances and break the cycle of poverty.

A guy in Myanmar who was destined to be a fisherman his whole life can now leverage the power of the internet and cryptocurrencies to immediately (and without government permission) start accepting payment for products and services from anyone around the world!

We are living in the best time in history to be an entrepreneur no matter what country you call home.

Also, think about this fact — China and India have over 2 BILLION more people than the U.S., and their governments are making decisions that are giving their citizens no other option but to use cryptocurrencies.

Right now it’s estimated that only about 10m-15m people are using Bitcoin. What’s going to happen if even a fraction of those populations chooses to use Bitcoin over their government-issued currencies?

For me, Bitcoin is about much more than trading for personal gain. It’s about improving every industry from healthcare, supply chain management, banking, real estate, lending, etc.

Don’t look back 5 years from now and regret that you ignored the biggest financial revolution of the past 100 years.

My goal has always been to help people successfully navigate the cryptocurrency markets. Grab a copy of my free Bitcoin basics course and master class here to start learning so you can take advantage of the massive opportunity with Bitcoin and Altcoins.

About the Author

Chris Dunn is the founder of Skill Incubator. He is an active investor and entrepreneur with the mission of helping people learn Skills to thrive in today's economy. Chris spends his time testing and building multiple streams of income and investing the profits. Read more here.