Don't miss this opportunity...

If you are tapped into crypto news on Twitter, you’d know there was a rumor today that one of the Bitcoin spot ETFs got approved.

As a result, Bitcoin jumped up $2,000 in price in less than 15 minutes.

Let me explain why this is a sign of things to come and explain what this ETF even means if you aren’t familiar.

Before we get into it let me give a quick thank you to our sponsors who help keep this newsletter 100% free to you, the reader:

If you are like me, then you are either a small business owner or you would like to start your own business one day. And when you do that, you’re going to NEED a great banking solution that’s truly built just for your business. That means, no fees, no minimum balances, and no bookkeeping problems when tax season rolls around. Relay is an online banking and money management platform that’s a perfect fit for small businesses and one I recommend. AND you can now earn up to 3% APY on savings with Relay savings accounts.

It only takes 10 minutes to apply for a free Relay account, and you can do it online at RelayFi.com

I woke up today to see this:

And naturally, I got excited.

If you aren’t aware, a Bitcoin Spot ETF is an ETF (exchange-traded fund) that matches the “spot” price (the current marketplace price) of a specific asset. In this case, that’s Bitcoin.

Basically, you could buy this stock/ETF in your Robinhood, Fidelity, or whatever brokerage account (or retirement account) and have a 1:1 exposure to the price of Bitcoin.

Unfortunately, that tweet wasn’t true. None of the BTC spot ETFs have been approved yet.

So why am I telling you this?

I’m telling you because it’s important that you see what Bitcoin did on a rumor in the middle of a bear market. A bear market where many people are struggling with their finances and not at all excited about investing.

In this environment, Bitcoin jumped $2,000 in price in 15 minutes.

Here is why I think this is important and why you should care:

I think we will potentially see the most wild crypto bull market to date in the next couple of years (maybe sooner).

We are 190 days away from the Bitcoin halving where the daily amount of new Bitcoin created gets cut in half.

This is important because this not only creates supply shock… where there isn’t enough supply available for buyers (which can make the price skyrocket).

But this is also important because every single time this has happened so far (3 times), the price of Bitcoin goes up a LOT in the 12 months after the halving.

Not only that, but we are about to be in a presidential election year here in the US. Traditionally this is very good for the markets.

And coupling that fact with the reality that a lot of people in the US are hurting for money right now, I think it will be too irresistible for politicians to not promise some relief.

And relief means printing money. Printing money means inflation. But it also means more money to pump into the markets.

This feels like the perfect storm for Bitcoin. ETF approval. A halving. An election. And potentially more money flooding the markets.

So what’s the opportunity?

I’d hope it’s clear by now, but it’s Bitcoin. There is a reason I just invested another $8,000 into Bitcoin mining machines or another $10,000 into Bitcoin mining NFTs (if you read my last email). AND why I haven’t stopped buying Bitcoin directly.

I think the price of Bitcoin is criminally undervalued right now.

So, I have (and will continue to) taken advantage of this. People are bored with crypto right now.

When there is apathy and nothing happening, people fall asleep and don’t pay attention.

The last bear market I went through I witnessed the same thing. People completely ignored $3,800 Bitcoin. They ignored it at $10,000.

I didn’t. I just kept buying. It’s exactly the same for this market.

So the question is, what will you do?

I could of course be wrong. I’m not telling you to invest into Bitcoin. I am telling you what I am seeing and what I am doing.

It’s your choice if you think I am wrong, or crazy, or if I’m speaking the truth here.

Plenty of people told me I was stupid in the last bear market for investing and plenty are telling me the same now.

I’m okay with that.

Following my convictions has been my greatest wealth-building asset to date.

Have a great week.

Andy

Here are a few more ways I can help you:

1. Get access to all my money-making guides and strategies, my weekly live streams, and access to see my portfolio and everything I buy and sell in my community, Zzz Money Club.

2. Schedule a 1:1 coaching call with me about online growth, income streams, and money strategies.

3. Promote your business to 5,400+ readers by sponsoring this newsletter.