Originally posted at Investing News Network:
http://investingnews.com/daily/tech-investing/fintech-investing/david-morgan-cryptocurrencies/
David Morgan: Cryptocurrencies Can be Profitable for Nimble Investors | http://www.themorganreport.com
Morgan also discusses the metals he's interested in right now and explains why he thinks gold and the blockchain could eventually be used together.
David Morgan is best known for his commentary on precious metals, particularly silver, but as he’s emphasized in the past, The Morgan Report covers a wide array of commodities and investment opportunities. At the recent International Metal Writers Conference, he proved that point with a presentation that covered precious metals and the blockchain.
“[Cryptocurrencies are] the hottest thing going,” he told the Investing News Network after his talk. “And the volumes are increasing, which means it’s sustainable. So it’s high, and as quickly as it’s rising, I expect to see it continue for some time.”
Personally, Morgan isn’t currently interested in getting into the cryptocurrencies market, but he said that doesn’t mean it’s a bad place for investors to be. “I’m free market. I think if anyone wants to be into cryptocurrencies, have at it — I think if you’re nimble you can get into almost any of them and make money,” he said, adding, “I would just caution people to use a free trade, which means once you double your money take your original capital out and let the rest ride.”
Watch the video above to hear why Morgan thinks gold and the blockchain could eventually be used together, and to learn which commodities he currently has his eye on. The transcript for this interview will be added shortly.
I've Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors.
The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation and asset protection.
Thus was born The Morgan Report - since then we've helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter -- This Week's View from The Morgan Report.
Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.
Please subscribe to this channel and share with your friends---
Youtube: http://www.youtube.com/user/silverguru
Resources:
Learn more and become an insider for The Morgan Report, click link below...
http://www.themorganreport.com/join
Automatically save in gold and silver. Plus you can make money when you promote buying gold and silver with this affiliate program: http://www.Silver123.net
Second Chance: How To Make And Keep Big Money From The Coming Gold And Silver Shock-Wave
http://www.thebooksecondchance.com/
The Silver Manifesto: Buy the book to enhance your knowledge and investing skill.
http://www.TheSilverManifesto.com
Want or need to talk to David directly?
Consultations available here...
http://www.themorganreport.com/consultation
Free weekly e-letter:
http://www.themorganreport.com/joinfreelist
Join The Morgan Report on our other social networks:
Blog: http://www.silver-investor.com/blog
Twitter: https://twitter.com/silverguru22
Facebook: https://www.facebook.com/TheMorganReport
Still have questions? E-mail
[email protected]
What we do for you --
The Morgan Report is based upon your needs and involvement in the precious metals and resource sector. Because we cover far more than just silver anyone looking for insights, strategies, and profits in the resource sector have found the membership valuable. In a very general way TMR provides information on Money, Metals and Mining to maximize that 10% to 20% allocation to precious metals through maximizing the risk to reward profile. Our Premium Service is best suited to the serious and experienced investor that wants to look over my shoulder as I trade and invest in these markets.
Watch a video about The Morgan Report
https://www.youtube.com/watch?v=9hYjOWZEP0k