After getting Palm Beach Confidential I thought I was the queen of the world, until it all came crushing down. If you want to know what happened make sure to read the review below.
Table of Content
- 1 Why Palm Beach Confidential Is The Key
- 1.1 Advice #1: Don't Get Greedy
- 1.2 The Bitcoin Halving is Coming
- 1.3 That's What 5 Coins to $5 Millions is All About
- 1.4 Advice #2: Only Listen To The Right People
- 1.5 So, what Is Palm Beach Confidential?
- 1.6 What Can You Expect From PBC?
- 1.7 My Investing Choices Weren't The Best
- 1.8 The Proof is in the Portfolio?
- 2 Cashing On The Cryptocurrency Conspiracy of 2018
- 3 Overview of Palm Beach Confidential
Palm Beach Confidential Is Closing For 2019 In
Type: Cryptocurrency Newsletter
Editor: Teeka Tiwari
Price: $2500 for a limited time only (closed)
Official Site: closed
While PBC is closed Teeka has said he's able to reveal something big. So big, Teeka took some money out of cryptos to invest in it.
Why Palm Beach Confidential Is The Key
After getting Palm Beach Confidential in 2017 and seeing some major gains from Ethereum and other alt coins I was hooked. I mean, having your account go from around a thousand to nearly 6-figures in just few months is an insane feeling.
All of this was thanks to Teeka's recommendations and as time went on I started to feel unstoppable. I mean I was getting 1,000% to 100,000% and turining investments of $100 to $5,000 into tens of thousands.
Just imagine instead of buying a new phone every year, or some other gadgets, you can take that $500 to $1000 and put into few coins to change your life. If you could do that, would you?
Advice #1: Don't Get Greedy
However, soon after I've made the one of the worse mistakes you can make. I got greedy.
It's like Warren Buffet says, “it is wise to be fearful when others are greedy and greedy when others are fearful.”
That's exactly the opposite of what I did. Instead of listening to Teeka and investing small amounts into each recommend position, I got greedy. So greedy, that I started buying every crypto newsletter I could find to get more recommendations.
As you can probably guess that did not end well. In fact, I broke both Teeka's and Warren's rules. I started investing more than I could loose and was greedy when I needed to be fearful.
But wait, doesn't Warren Buffet dislike cryptos? Maybe he does, but he also had a similar stand to Tech companies like Google and Amazon, and now regrets it.
Why am I telling you this?
Two reasons to be honest:
- Don't be greedy
- Invest only what you're prepared to lose
I mean the Warren's saying being fearful when others are greedy describes the cryptocurrency market of late 2017 and early 2018 perfectly.
You couldn't get away from the hype, everyone was talking about cryptos. I'm talking on the bus, in the supermarket, at the water cooler or any other social place. Bitcoin was the most trending word on Google during that period.
Just take a look at Google trends for Bitcoin over the last 9+ years since it was created
See that big spike? That's December 2017/January 2018, as you can see even the jump from $3,000 to $12,000 in June 2019 was talked about 6 times less than that. Guess what happened next? People got greedy, myself included.
Everyone from serious investors to people trying to ride the wave to newfound riches started buying bitcoins. It was the next dot com boom of this decade and like that one it had to end.
After all, Bitcoin went from around $800 in December 2016 to nearly $20k in december 2017. However, believe it or not it wasn't the buying frenzy that caused the increase, at least it wasn't the biggest and importantly the initial factor that started it.
The Bitcoin Halving is Coming
Bitcoin halving in layman's terms simply means that it will be twice as hard to mine Bitcoins than it was before. In other words, there miners would be able to mine only half of the bitcoins in the same amount of time as before.
To make it even cleared let's compare it to a gold mind. If mine that produced 2 ores per hours, but once the supplies were low it would produce only 1 per hour.Which results in the gold being more valuable, and the same thing applies to bitcoin.
However, unlike gold or other metal there is only a fix amount, that can very slightly from day to day, of Bitcoin that can be mined per day.
So, it doesn't matter if there is 10 or 10,000 miners, only around 1,800 and in 2020 it will be 9,000 per day.
The halving of 2016 is the major reason bitcoin went on such a crazy run for 2 years and in 2020 it's going to happen again.
That's What 5 Coins to $5 Millions is All About
Based on Teeka and his research team the push is comming in the next 10 months that will once again transform the whole crypto market. I mean late 2017/2018 shift in the right direction.
The big thing is the Bitcoin halving. So, even if you don't buy Palm Beach Confidential make sure to keep that in mind when inevesting in cryptos. Naturally, there are other factors that Teeka goes into more details inside the members area.
Does that mean Bitcoin will rise significantly? Yes, while based on his research and previous years the halving should impact the price of Bitcoin in a very possitive way.
However, the biggest gains will be in smaller coins. Sure, Bitcoin will most likely top all time high in 2020, maybe even double in that period, but true gains will be found in alt coins.
You see, while might rise 100% to 300% in 2020, some alt coins are projectile to rise 100,000% or so. Those are the 5 coins to $5 millions Teeka is talking about.
Advice #2: Only Listen To The Right People
Now I'm not going to argue that bitcoin trending had an impact on the price, but it was also the major cause for the crash.
In any market there are corrections, so after long runs a dip in the price was almost inevitable. However, the dip started in early 2018 people that had no idea how the cryptocurrency market works starting of selling like crazy. Which caused in part the major crash of bitcoin and all alts coins.
Luckily, at this point I've learned my lesson and went back following only Teeka, dropping all the other gurus that hid under the rock after it happened.
Unlike them, Teeka kept making videos, sending text alerts and emails explaining everything that was happening. Most importantly, he kept assuring that this was just a phase. A sideways market that will pass.
Guess what? It did, it took over a year but bitcoin is back around $10,000 and most of the alts coins are following. Which means, Teeka proved himself twice in my book:
- Recommending Bitcoin at $800
- Not selling when it was supposedly going to 0
Once again, “it is wise to be fearful when others are greedy and greedy when others are fearful.”
On the other note, even when Bitcoin was at it's lowest, around $3,000 in March 2019, you would be still in the green if you bought in at $800 as Teeka recommened.
So, what Is Palm Beach Confidential?
The main component of PBC is the newsletter, or a subscription if you like, in which you'll be getting cryptocurrency news, coin reviews, as well as recommendations by Teeka Tiwari and his team.
On top of that, the members area includes:
- Crypto Corner with video training
- Reports about the crypto market
- Updates between main issues
- Portfolio of Teeka Tiwari picks
Below you can find my in-depth Review of Palm Beach Confidential and all of its components.
What Can You Expect From PBC?
First of all, you're guaranteed to make at least 1,000% in total gains with the recommendations or you get a entire year for free. Which means you would need to invest only $275 in total to be guaranteed you will get the limited time price of $2,500 and the initial $250 investment back in a year or less and still have a year of PBC for free.
Do you know any other newsletter willing to offer such a guarantee?
Neither do I, but I'm not surprised. Teeka has offered this 4 times before and has hit that guarantee everytime within 4 months or so.
In fact, when I joined Teeka was able to hit that 1,000% total gains in less than 3 months after annoucning it.
With that said, the 1,000% is the minimum. It's most likely go way above that and with the halving happening in 2020 it might hit 20,000% in total gain or more.
My Investing Choices Weren't The Best
If you read my little story above you already know that I'm not the world's best investor. However, my investing before joing Palm Beach Confidential weren't exactly better.
I mostly invested on impulse. If a coin was going up, or saw a forum post about a new one, or even heard someone mention something online, I would buy it without doing any research or even checking the coin out.
This was equivalent to throwing darts at a target while wearing a blindfold. If the target is big enough you'll hit more often than not, but at what cost?
In my case the opportunity cost was significant. I was about 50% up when I joined, which I thought was great, but after reviewing the PBC recommendation I saw I could have been up 5,000% if I invested the same amount in Teeka picks and not mine.
Then after making huge gains with Teeka I once again started making bad decisions by listeining to other so-called experts and trying to chase the game. One again I got burned for not listening to Teeka and from then on I decided to trust him completely and I'm finally at peace.
It's like Teeka always says, “let the game come to you.”
The Proof is in the Portfolio?
How can you determine who is legit in the crypto space?
After all, anyone can post a coin chart and claim that it increased a 1,000% or 5,000% in a specific time period in the past.
However, predicting when to buy, the buy-to-price, sizing of the investment as well as when to hold or sell is a whole new ballgame.
For that, you need to be on top of everything that is happening in the cryptocurrency markets, future deals and have track-record for proof.
Once you're inside the PBC member's area, you can go to the Portfolio section and see all of Teeka's recommendations. That means when it happened, for how much and the gain/loss ratio.
These include all of the recommendations, and not only the 5,000%+ everyone seem to be talking about. However, if you average all of Teeka's picks you still get around 5,000% gain across the board on average.
In fact, even in this sideways market, which is about to go on one of the biggest runs ever, Teeka is still up over 1,700% on average. Show me anybody else that can prove such numbers now?
Cashing On The Cryptocurrency Conspiracy of 2018
The truth is that inside any market, especially emerging one like cryptocurrency, there are always highs, lows and periods of stagnation.
Just look at the internet, the idea of computer connected to a network, begin in the 1950s. However, the World Wide Web did not go public until 1991, and less than 1% used it. Fast forward to today and over 54% of the world's population use it everyday.
How about forms of payment? The equivalent of a modern credit card was created in 1959 by American Express. However, their popularity didn't star until the 1980s. Today, around 50% to 90% of all purchases are made with either a credit or a debit card.
The first official smartphone was released by IBM in 1991. However, even with releases of Blackberry, LG Prada and iPhone in the 2000s only 3% of US population used smartphones by 2007. Fast forward to 2017 and 78% of the US population does.
According to Bitcoin.com survey, 11% of Americans now own cryptocurrency. Do you see a trend here?
The Future of Cryptocurrency and What it all Means?
If you look at the three example above you will see a similar cycle. Each one started as a niche product and later became a part of our daily lives. Not only that, but all of them are interlinked as well.
For one, the mobile revolution would have never happened if there was no internet. Same way eCommerce, a big part of our online activity, would never be if we didn't have electronic payments like credit cards.
Cryptocurrency is on the same path. In fact, it is already changing how the above examples work.
Cryptos make the transfer of money faster, cheaper and more secure as vendors don't have to pay processing fees and require third-party authentication.
This is already happening on a major scale with Bitcoin and Ethereum reaching $8 billion in transactions a day.
Now cryptos are starting to revolutionize the mobile payments with coins like Telcoin.
On top of that you have blockchain, the engine behind it all, which is transforming the way we use the internet itself.
Thanks to the blockchain storing and transmitting of data is also becoming more streamline, cheaper and more secure. Not only that, but it also keeps our information away from data scraper and third-party advertising companies that spy on us.
However, I'm getting ahead of myself. The key is that cryptocurrencies are changing the world we're living in, both financially and technologically. Are you on the right side?
Despite of that you might have heard, the biggest money movement into crypto has not happened yet. However, it is happening soon so this might be your best chance to start.
Is 2020 Going To Be Bigger Than 2016/2017?
There is no denying that 2016 and 2017 were a big years from cryptocurrencies. Major cryptos like Bitcoin went from $998.62 on January 1st, 2017 to $12,952.20 on December 31st, 2017 for a 1,197.01% gain.
Ethereum, one of the main alt-coins, went from $8.15 on January 1st, 2017 to $722.81 on December 31st, 2017 for an 8,768.83% gain.
Neo, Teeka's most famous prediction, started at $0.14 on January 1st, 2017 and had a gain of 51,057.14% to finish the year at $71.62.
That's if you're looking to profit from cryptocurrencies, like myself and other PBC subscribers, you need to look at the bigger picture. A year is a good place to start to get an idea where the cryptos are going.
If we look at the 3 cryptocurrencies above, all of them are way above what they were exactly a year ago.
For example, Bitcoin is now $7,382.36 while it was $2,274.70 a year ago, that's 225% increase. Ethereum increased by 146%, and NEO gained 536% in the same time-span.
That's an average of over 300% gain from just those 3 coins. Which doesn't sound great compared to thousands you might have heard.
Still, 300% is a lot when compared to the stock market index that yields around 7% gain a year and top hedge fund managers manage around 15% a year.
However, if we look at the way cryptocurrencies have behaved in last 4 years we're about to get one of the bigger rallies ever. A rally that should get Ethereum to around $3,400. NEO to $1,200 and Bitcoin to over $62,000.
In fact, Teeka Tiwari believes Bitcoin will go over $65,000, so my calculations seem to be on the lower end.
Cryptocurrency Conspiracy: New Money Will Flood Cryptos?
We already established that overall timing is important when investing into cryptos.
However, that's only one piece of the puzzle.
Different factors and events can also have an impact, both positive and negative, on the market.
As we have seen in the latter in the mainstream media with fake news and money gurus trying to bring down the price of bitcoin. Is that a conspiracy or just the top 0.001% trying to keep their old money?
It might have started as the second one but once the price dipped things got interesting.
Some of the most outspoken cryptocurrency critics like George Soros, Alan Howard, Rothschild, J.P. Morgan, and Bloomberg and now jumping on the cryptocurrency wagon, mostly behind the scenes.
BlackRock, the hedge fund giant with $5.7 trillion in assets also slammed Bitcoin earlier in the year, is officially reviewing cryptos as an investment option.
Finally, you have some of the biggest companies and banks in the world like Google ($800 billion) and Goldman Sachs ($916 billion) investing billions into blockchain technology.
Meet The Man Behind The Legend: Teeka Tiwari
It was Teeka who predicted the rise of Ethereum and recommended it when it was around 7 dollars. As well as NEO when it was only 13 cents.
Despite these huge gains, Teeka believes that 2018 will be even bigger.
How does he know? Let's say the man has a knack when it comes to making money for himself and others.
After working for Lehman Brothers' and becoming youngest vice president in company's history, Teeka started and ran his own successful hedge fund.
In 2013 he saw what was happening as a major shift in the world of finance and knew that cryptos are the future. Now he's co-editor at Palm Beach Group responsible for the Palm Beach Letter and Palm Beach Confidential. The most successful cryptocurrency newsletters in the world.
No wonder why Teeka Tiwari was chosen #1 most trusted cryptocurrency expert at the recent conference in Texas. The man lives and breathes cryptos. You can either find him traveling around the world in the search for best opportunities or sitting at home analyzing the data until 3 AM in the morning.
Add to this the fact that his team at PBC has some of the best analysts in the world and you'll understand why he's such a huge name in the industry.
Overview of Palm Beach Confidential
Let's talk about what you actually get inside the Palm Beach Confidential subscription.
As you can see the member's area is nice and clean. On top, you have a menu with information about the Palm Beach Research Group as well as Contact page and frequently asked questions page.
On the left side you the main part of your PBC subscription. The menu is as follows:
- Welcome Center: Overview of the course in the form of a video as well as text detailing the 4 steps you need t get started.
- User Guide: as the name implies this user guide will help you navigate both PBC and crypto world
- Crypto Corner: probably my second favorite item, right after the newsletter/picks, inside PBC. Here you will find everything you ever wanted to know about cryptocurrency. If you're just starting out, this will be the place for you. To be honest, this alone is worth it.
- Issues: the main attraction, monthly recommendation picks than average at 5,000% gain in a year or less. On top of that, you get a detail report about why and how to invest.
- Updates: mini newsletters between the monthly one that includes information that can't wait.
- Reports: past guides webinars and Q&A sessions for your convenience. There are definitely some golden nuggets here.
- Portfolio: list form of recommended picks for the cryptocurrency, short-term cryptocurrency, and stocks. As well as buy date, current price, return %, stop loss, and buy up to amount on in a simple to read table.
So basically anything and everything you will ever need to start investing into cryptocurrency or take it to the next level can be found inside your subscription area.
Palm Beach Confidential Newsletter = Community
It is hard to argue against Teeka's impressive track-record, and the 1,000% total gains guarantee just proves that.
However, there's another important part of the newsletter that no one else seems to talk about. It's the Palm Beach Group community and the experts which you have access to at all times.
You see, even when the crypto market goes sideways, and the news around the world spread lies about it. You can always count on having answers from the community and an expert like Teeka explain the situation.
He's always sending out bit-size updates addressing the market and talking about the next big move. This way you're always in the loop and will never overpay for a coin on a top of rally or panic sell on a dip with Palm Beach Confidential.