Update from Austin: The DACFP VISION Conference

The Current Crypto Landscape Can Be Seen As An Amazing Buying Opportunity

I just came back from a week in Austin where I hosted our annual conference called VISION. I know I didn't tell you about it. That's because this conference was exclusively for financial advisors, more than 200 financial professionals in the room over a three day period. The entire agenda was all focused on crypto, and we had some of the biggest experts in the field on panels and in presentations, including pension fund managers and the CEOs of some of the largest ETF companies in the world, all presenting and engaged on this. The excitement, the enthusiasm was palpable. 

Everybody acknowledging that this current market environment, as scary as it is, as significant as it is with massive losses occurring over the past nine months, has nothing to do with the long-term expectation of the legitimacy of this technology. That's what I call on you to stay focused on. If you are concerned about the risk of investing, whether it's crypto or stocks, then you need to be on the sidelines. 

But if you maintain a long-term investment portfolio, if you remain highly diversified, then you can only regard what's going on right now as an amazing buying opportunity. It was only six or eight months ago that you were able to buy Bitcoin for $70,000. This past week it was as low as around $20,000. Wow. If you liked it at $70,000, you got to love it at $20,000. And that's the focus you need to have in conjunction with your financial advisor. Should you allocate? If so, how and how much? And to help get those answers, I encourage you to read The Truth About Crypto. It's continuing to do really well, continuing to be a bestseller at Amazon.