Tags: NMX-Sean-Hyman-Ultimate

Sean Hyman: Should You Invest in Bitcoin?

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The electronic currency recently dropped from 12 percent from $1,200 to $925 after China banned its banks from trading it.

“A whole lot of money laundering can happen through it, and that's governments' biggest fear," explains financial analyst Sean Hyman, editor of the Ultimate Wealth Report. "They would lose a ton of tax dollars if they allowed that to become too widespread."

Editor's Note: Obama ‘Blunder’ Spawns Massive Profit Opportunity

Sean Hyman has long been skeptical of Bitcoin. Back in December, 2013, he said “People are enamored with the digital currency right now, but it's the exact time that they shouldn't be.”

He counseled his readers via Newsmax’s Money News: “Don't get sucked into the vortex of Bitcoin. Instead, focus on some other asset that's not overvalued and investors aren't in a frenzy over.”

A self-made success story, Sean has spent 20 years navigating the financial market, as stockbroker at Charles Schwab, a trading course instructor for foreign exchange market maker Forex Capital Markets (FXCM), and a financial writer for numerous outlets. He’s regular commentator on CNBC, Bloomberg TV and Fox Business, helping more and more investors try to make sense of market fluctuation.

Sean got his start managing his middle-class father’s 401(k) at Lockheed Martin, quickly boosting the balance from just $40,000 to close to $400,000.

He has since accumulated a wide range of tools to decipher key market trends, and find opportunities in often-overlooked corners of the market. While others’ purchasing power and standard of living decrease, Sean directs members toward the things that get inflated in down markets: commodities. He will also attack the dilution of the dollar head-on by investing in foreign currencies.

Sean Hyman can be your guide to stemming the tide of the government’s dollar-damaging schemes via Ultimate Wealth Report, a monthly publication featuring exclusive strategies for dealing with economic conditions that will persist until at least 2017, when President Barack Obama will leave office. Ultimate Wealth Report is designed to provide subscribers with the information they need to build an investment portfolio that outpaces inflation.

Are you worried about stock market corrections? If you've bought stocks like we do in the Ultimate Wealth Report, you don't really have to worry because those stocks were bought at much cheaper valuations than the valuations of the Dow Jones Industrial Average or the S&P 500.

While other investors will be reeling from losses because they won't understand the underlying market forces at work, Sean can help you develop the tools you need not only to be a successful investor during these tough times, but to be among the biggest winners!

No one can promise an absolute, fool-proof method of investing. But Ultimate Wealth Report will help you build the skills you need to avoid pitfalls and recognize opportunities that are most likely to give you the results you need to protect the assets you have, improve your life and pave the way for a better future.

Join the 114,000 people who read the Ultimate Wealth Report now for just $97 via Newsmax and learn Sean’s three-pronged approach to analyzing markets, using fundamental and technical metrics to find the very best values.

Editor's Note: Obama ‘Blunder’ Spawns Massive Profit Opportunity

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The electronic currency recently dropped from 12 percent from $1,200 to $925 after China banned its banks from trading it. "A whole lot of money laundering can happen through it, and that's governments' biggest fear, explains financial analyst Sean Hyman, editor of the...
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2014-50-25
Tuesday, 25 Feb 2014 11:50 AM
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