How To Invest in Blockchain Stocks
Cenacle Capital Management is a Bitcoin & Blockchain friendly investment advisor, and we view blockchain “tokens” as an alternative currency, an investment asset class driving the next generation of innovative technology as Artificial Intelligence (AI) and the Internet of Things. (IoT)
We recently launched a strategy to participate in blockchain technology, with Blockchain Enterprise Investment Strategy
WHAT IS BLOCKCHAIN TECHNOLOGY?
Up until now, we’ve had the Internet of Information. When I send information through the internet like a spreadsheet, PDF, or copy of a digital image, I’m actually sending the recipient a COPY and I maintain possession of the original. While that works well low value items, it doesn’t work well for things like money, international settlements, or the trillions of dollars which move through the global supply chain.
Blockchain is a form of technology that allows companies, people or computers to TRANSFER an original version, limited supply of a digital asset and the unique rights of ownership, person to person, without the need of a trusted intermediary like a bank, Recorder of Deeds office, or brokerage house.
It’s a connected network of computers that provide the trust factor. The recipient has 100% certainty they have enforceable ownership of the original and not a copy or a counterfeit.
How Can I Participate Financially in Blockchain Technology?
Cenacle Capital Management introduced an investment strategy suitable for a self-directed 401(k), IRA or regular accounts using TD Ameritrade our custodian, which consists of a portfolio of about 30 US companies providing hardware, software and consulting services that are embracing the coming revolution of public and private blockchain technology.
This technology in my opinion is more of a game changer than social media, cloud computing and almost any technology I can think of.
The Global Gross Domestic Product, or GDP, is about $100 trillion dollars annually give or take a few trillion here or there. Much of that moves inefficiently with fax machines, paper invoices in triplicate, 7 day wire transfers, and hundreds of billions or trillions more held in cash reserves as a pledge against counter party risk.
Think about this. It took 26 days to receive payment for a consulting gig I did in London in 2012. This is with country the USA has been doing business with since 1776.
Blockchain technology in the form of “smart contracts”, will in the coming decades unshackle a vast majority of these assets, permitting them to move seamlessly, securely and instantaneously around the globe.
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.
(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 email@example.com
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!