Bitcoin Investment Strategy

BITCOIN FRIENDLY ADVISOR

Cenacle Capital Management is a Bitcoin friendly investment advisor, and we view blockchain “tokens” as an alternative currency, an investment asset class and the next generation of innovative technology to drive Artificial Intelligence (AI) and the Internet of Things. (IoT)

 

We recently launched a strategy to participate in blockchain technology, with Blockchain Enterprise Investment Strategy.

INVESTING IN BITCOIN

If all you want to do is buy bitcoins, we’re happy to schedule a brief 15 minute phone call as a courtesy to get you started. 

However, Cenacle Capital Management is a subject matter expert (SME) and is interested in having an ongoing dialog with business owners and long term investors interested in having a strategic conversation.

At the time this writing, there are more than 1,110 different digital currencies like bitcoin, called cryptocurrencies. Cryptocurrency today is where the internet was in 1992. It’s the next big thing! (https://coinmarketcap.com/)

Our primary goal is to create a diversified investment portfolio using a mix of traditional, low cost investments using Exchange Traded Funds (ETF’s), advanced pension & tax strategies and to implement ways to squeeze 20 years of retirement investing into 10.


WHAT IS BITCOIN?

Bitcoin is the first of its kind in a new asset class called cryptocurrency.

To function as money, or maintain a role as a worthwhile investment; Bitcoin needs to be a store of value, a means of exchange, and achieve widespread adoption. We believe Bitcoin meets that criteria. (1)

Portfolio managers are constantly looking for ways to achieve portfolio growth which does not react in the same manner as the stock or bond market. Bitcoin is achieving worldwide adoption as more people and companies accept it as a method of payment, and a “flight to quality” safe haven. (2), (3)

DOES CENACLE CAPITAL HOLD MY BITCOINS?

No. Cenacle Capital Management will educate and teach you how to invest a portion of your net worth in Bitcoin and other crypto-currencies using “cold wallet” technology. Bitcoin expert Andreas M. Antonopoulos said in an interview:

“We have an expression, in the United States which is “possession is nine-tenths of the law”. Have you heard that expression? In Bitcoin, possession is ten-tenths of the law. If you control the bitcoin keys, it’s your bitcoin. If you don’t control the bitcoin keys, it’s not your bitcoin. You are back to a master-slave relationship with a bank.” (4)

The safest way to own Bitcoin, or any other digital token is to hold personal possession of your private key.

Until the Securities and Exchange Commission (SEC) approves the Bitcoin ETF making it easier for investors, we firmly believe it is in your best interest to maintain complete control of your Bitcoin and other crypto-currencies.


Contact us to receive a Risk analysis on how adding Bitcoin to your portfolio might look.

(1) http://finteknews.com/3-questions-with-bill-uliveri-of-cenacle-capital-management/

(2) https://www.forbes.com/sites/realspin/2017/02/03/why-venezuelas-currency-crisis-is-a-case-study-for-bitcoin/#4dc3813e19b2

(3) https://www.forbes.com/sites/krnkashyap/2016/12/22/indias-demonetization-is-causing-bitcoin-to-surge-inside-the-country/#70e4f92e7dfc

(4) A. Antonopoulos; reinvent.money event 26 Sep, 2016. https://www.youtube.com/watch?v=ak1iojpiHpM

 

 

All Seasons Portfolio: Four Broad Investments; Low Cost Funds

A DIVERSIFIED PORTFOLIO

Having been in the trading and financial services industry for over 30 years, we’ve spent too much time and energy looking for the Holy Grail of investing; only to realize there is no Holy Grail.

It is not only counter-cultural but counter-intuitive for us to maintain (a) that successful investing has little to do with the perfect selection and short term market timing, and (b) that our value is unrelated to analyzing the economy, or perfectly timing the markets.

Our  value proposition is about 20% Risk Target assessment and 80% behavioral coaching at critical market turning points; everything else is pretty much a refinement.

The beauty of the “All Seasons” portfolio is its simplicity. We invest your assets in four broad asset classes using low cost exchange traded funds. Commodities, Equity ( Domestic / International), Intermediate Bonds, Long Term Bonds, and Precious Metals.

To receive a 16 page report of how this strategy might respond in current market conditions, please contact us 847.686.4800; or email us at info@cenaclecapital.com


Disclaimer:

Cenacle Capital Management LLC only transacts business in states where it is properly registered or notice filed, or excluded or exempted from registration requirements. Follow-up and individual responses that involve either the affecting or attempting to affect transactions in securities, or the rendering of personalized investment advice for compensation, as the case may be, will not be made absent compliance with state investment adviser and investment adviser representative registration requirements, or an applicable exemption or exclusion.

Past returns are not a guarantee of future results. Exchange Traded Funds can lose money.

Please contact Cenacle Capital Management, LLC  if there are any changes in your financial situation or investment objectives, or if you wish to impose,add or modify any reasonable restrictions to the management of your account. Our current disclosure statement is set forth on Part II of Form ADV and  is available for your review upon request.

Options Are Complicated. Time is Short.

For Investors Using TastyTrade, ThinkOrSwim or Investools

Cenacle Capital Management has over 30 years experience trading options. Leave your account at T.D. Ameritrade, and we can initiate income generating strategies such as covered call writing, cash secured put writing, strangles, spreads, etc. using ThinkorSwim(R). For more information go to:  https://www.thinkorswim.com/t/innovation.html

Your portfolio will benefit from receiving daily option income, or “theta” while you learn options. This conservative approach to trading derives the majority of its income from the monthly credit received from selling option premium.

This is an ideal strategy for a “hands on” investor with an existing portfolio needing a second opinion and perhaps a little hand holding while you learn how to use options for income generation and managing downside risk.

We love everything about ThinkorSwim and the crew at TastyTrade.com. As a matter of fact we spent our career  trading at the Chicago Board Options Exchange (CBOE) with Tony Battista, Tom Sosnoff, Jenny Andrews and Liz Dierking. They revolutionized the entire business.

But for investors who are seeking the benefits of income generation using options, a reduction in portfolio volatility, without wanting to learn all the nuances of  trading, contact us at 847.686.4800 and let’s see if we’re a good fit.

 

Disclaimer: When it comes to trading calls and puts, there’s a few things you need to know. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TD Ameritrade review and approval. Not all account owners will qualify. Please read Characteristics and Risks of Standardized Options before investing in options.

The Super 401(k) Plan Design

Cenacle Capital Management is connecting Highly Compensated Employees (HCE), business owners and partners  with the pension design specialists at Fox, Lalonde & Kenne. www.flandk.com

The Pension Protection Act of 2006 (“The Act”) changed the landscape of qualified plan design. It is unquestionably the best piece of retirement planning legislation for business owners in decades from a contributory, regulatory and fiduciary perspective.

The Super 401(k) Plan™Design is perfect for business owners who;

  • have fewer than 25 employees
  • need a solution to reduce excessive taxation
  • want to squeeze a decade of retirement income security into three years
  • are looking to protect assets from creditors
  • looking to cover post-retirement needs
  • are intrigued by medical & wellness reimbursements in post retirement

The Super 401(k) Plan™Design combines the most current qualified plan law under the Act with customized plan documentation and advanced actuarial methods to certify, using IRS guidelines,  the comprehensive benefits of multiple plans.

The Super 401(k) Plan™Design contributions and corresponding tax deductions for business owners, professionals and other highly compensated participants can average between three to twenty times the stand alone Profit Sharing 401(k) limit of $54,000 to $60,000 for 2017. Owners contribution often exceeds 90% of the total.

To lean more, watch “What Could Help Clients Build a Million-Dollar Retirement Account?”  The Super 401K Plan™ Design,  which takes advantage of the changes made to qualified pension law by the Pension Protection Act of 2006.

Watch our 8 minute video to learn more!