
https://benjaminfulford.net
Following our initial report describing the overall Cryptocurrency State of Play, we aim to begin releasing quarterly reports summarizing major market developments and changes to our working investment portfolio. The White Dragon Society (WDS) has access to a wide range of esoteric intelligence and aims to share this cryptocurrency intel on a continuing basis with Benjamin Fulford’s readership.
Investment commentary is provided as is, with no warranty. “Investments may go up as well as down.” As always in investing, it is important to look for a good entry point, but at the moment the prices of almost all cryptocurrencies are going up, up, up, as capital continues to flow rapidly into the space. It’s a “firehose of liquidity” according to early cryptocurrency investor and hedge fund manager Michael Novogratz.
In any case, we hope that some of Benjamin’s readers profited from our last report. The fourth quarter of 2017 was an amazing time to be a cryptocurrency investor.
As almost everyone is now aware, 2017 was a quite a year for cryptocurrency. Bitcoin garnered most of the media attention, especially during its fourth-quarter price surge, as people new to cryptocurrency began hearing about it and buying in for the first time. This prompted a debate of sorts as to whether Bitcoin, or cryptocurrency in general, is a “bubble.” That debate misses the point.
Regardless of whether Bitcoin manages to keep its #1 seat at the top of the cryptocurrency market cap tables and its position as the base currency with which all other cryptos are priced and traded, cryptocurrency in general is obviously here to stay. It has begun to transform not only finance but all manner of other industries as well, in the same way that the Internet did before it.
Indeed, all technology bubbles are transformative events. We believe that the key to investing in any such bubble is holding a position in a diversified portfolio of startup projects, each of which stands to disrupt existing industries in a unique way. In that regard, our portfolio aims to garner exposure to a wide range of different sectors of the cryptocurrency market.
Remember that even though the DotCom bubble was one of the biggest in history, a buy and hold investment in Amazon and many other tech stocks in the late 90’s ended up being spectacular investments. Of course the bubble popped in 2001 and many companies crashed and burned, but others continued on to enormous heights.






