5 Reasons Why Cryptocurrency

May Rebound in 2019

The cryptocurrency industry has been on a roller-coaster ride in recent years, with prices shooting up, then falling sharply. Bitcoin (BTC) lost nearly 70 percent of its value in 2018, triggering a domino effect as other cryptocurrencies such as Binance Coin (BNB) and EOS also experienced losses.

But some market experts who follow cryptocurrency closely think it will rebound in 2019, and apparently many investors are still strapped in for the wild ride.

“There are plenty of facts to back up the case for an imminent crypto rebound,” says Daniel Ameduri (www.futuremoneytrends.com), co-founder of the Future Money Trends newsletter. “One fact is that cryptocurrency has game-changing technology.

“After some inevitable corrections over the past few years, the bounce-backs have shown that crypto is built for the new global economy. And keep in mind, Amazon fell 95 percent in 2002.”

Ameduri reviews some reasons cryptocurrency could rebound in the coming year:

• History repeats. “Cryptocurrencies have a history of crashes and recoveries just like other asset classes, but on an accelerated timeline,” Ameduri says. “You’re getting all of the ups and downs that you’d expect to see in any investment class – stocks, real estate, commodities, etc. except it’s moving at a faster pace.”

• It’s a marathon, not a sprint. Patience for the long haul is vital to staying invested in stocks that seem exciting at their inception. “BTC is a prime example of that,” Ameduri says. “Without exception, BTC recovered all losses from past corrections and then reached new all-time highs, handsomely rewarding patient and level-headed investors. For example, even if the recent decline were to exceed 80 percent, Bitcoin historians can cite multiple times where the price has staged a full recovery from a drop of that magnitude.”

• Crypto and techno are a perfect marriage. “BTC and the others have groundbreaking technology attached to them,” Ameduri says. “Immutable digital ledger technology is now part of the fabric of the global economy and is here to stay.”

• Real grassroots enthusiasm. Along with the investments, Ameduri says, are waves of entrepreneurs flocking to crypto conferences, reflecting the building momentum of an industry fighting for relevance in a changing economy. “Those are the underpinnings of success,” Ameduri says. “It’s still an exotic currency for early adaptors, moving forward and right on the cusp of reaching the masses. An exciting time.”

• Institutional investors. With major banks such as Morgan Stanley and Goldman Sachs planning to serve the crypto market, Ameduri says waves of capital could be released as institutions feel comfortable entering the market. “This will help build the infrastructure necessary for far more investing,” Ameduri says.

“Crypto moves at an accelerated pace,” Ameduri says, “so it won’t be long before massive-scale adoption kicks in.”

About Daniel Ameduri

Daniel Ameduri (www.FutureMoneyTrends.com) is co-founder of the Future Money Trends newsletter, an authority for financial freedom and economic research in commodities, cryptocurrencies, personal finance and income ideas. A self-made multi-millionaire, Ameduri also has a YouTube channel, VisionVictory, that has received 10 million video views. He’s also been featured in The Wall Street Journal and ABC World News.

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Lee Applauds Passage of The First Step Act

WASHINGTON—Sen. Mike Lee (R-UT) issued the following statement following the Senate’s passage of The First Step Act:

“We did it. We passed real bipartisan criminal justice reform. Thanks to the hard work of my colleagues, American families will be stronger and our communities will be safer. This is a huge win for America and President Trump.”

An online version of this release can be found here.

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Dear Friends, 

We’re thrilled to announce the forthcoming publication of two essay collections, each by a talented writer based in Bluff, Utah—Seasons: Desert Sketches by Ellen Meloy (April 2019) and Confluence: Navigating Personal & Political Ecologies on Western Rivers by Zak Podmore (October 2019).  

Enjoy an exclusive behind-the-book interview with Zak Podmore, listen to Ellen Meloy read some of her original essays on RadioWest, and please consider making an end-of-year gift to support the publication of Confluence and Seasons. We can’t publish these voices for the land without you.  

For words and wildness, 
The Torrey House Team

Help bring these books to the page!

“At the confluence I can remember my way up and downstream across the American West. But it also stitches together water from the Dolores River, where my parents learned to raft, and the Roaring Fork River near where I grew up in Glenwood Springs, Colorado. And it’s not far from the confluence with the San Juan River, the river that flows past my current home. It’s a meeting place of water, of redrock landscape, and of stories.”

Read on!

Ellen Meloy wrote and recorded a series of audio essays for KUER, NPR Utah, in the 1990s. Every few months, she would travel to the Salt Lake City studios from her red rock home of Bluff to read an essay or two. Seasons: Desert Sketches is a compilation of these essays, transcribed from their original cassette tape recordings. Whether Meloy is pondering geese in Desolation Canyon or people at the local post office, readers will delight in her signature wit and charm—and feel the pull of the desert she loves and defends.

Learn more about SEASONS on RadioWest!