This One Blue Chip Is the Safe Way to Play Crypto and Cannabis

A little more than nine years ago, on Jan. 12, 2009, Hal Finney became the first recipient of Bitcoin. That was the day the computer game developer and well-known "cyberpunk" downloaded the Bitcoin software from the cryptocurrency's creator(s), Satoshi Nakamoto - and received 50 of the digital coins for doing so. That was the very first Bitcoin transaction. At the time, those bitcoins had almost no value - less than $0.003, in fact. But at Bitcoin's December 2017 peak of nearly $20,000, those 50 coins were worth a cool $1 million. Since the Finney-Satoshi transaction, we've seen the "debut" of more than 800 cryptocurrencies. Today, their market cap is at $759.7 billion. Despite all that, in December, I began warning retail investors to stay clear of buying Bitcoin directly. You see, I was worried that the new ability to trade Bitcoin futures, with all the Wall Street muggers and sharks coming out of the woodwork, would burn new investors. Moreover, I predicted that the leading crypto would become highly volatile. I was right. Over the next few days, Bitcoin fell as low as $10,000 - a 50% decline. Here's the thing: I still believe Bitcoin has unlimited potential and is a great place for tech investors to make money. That's why, in a moment, I'm revealing what I believe is the single best, safest way to play Bitcoin right now... Tags: bitcoin To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This One Blue Chip Is the Safe Way to Play Crypto and Cannabis appeared first on Money Morning - We Make Investing Profitable .