In the March 27th Weekend Update the Alt Coin, VeChain (VET), was recommended at $0.09, after having run up from $0.03 a month earlier. Today VET is trading at $0.24, up 150% in six weeks. It has the very real potential to be $1.00 or more by the end of this summer, which would be a 300% gain from current prices. The risk is that it falls back to $0.09, or even $0.03. That is pretty much the case for all of the cryptocurrency universe, including our crypto stocks; outsized rewards of triple or even quadruple digits (100% to 1,000%), versus outsized risk (50% to at worst, 90%). It is worth taking the risk, and there is a perfect hedge that will ameliorate most, if not all, of that risk. More in tomorrow's Weekend Update. ["Tomorrow," includes Sunday, because Elon is on Saturday night.]
