FAQ

Here’s what you can expect to receive as an exclusive member:

• Next Wave Crypto Fortunes — Every time the system signals a trade, Ian will send you an email alert giving you everything you need to take advantage of the opportunity. You’ll know why the trade was triggered. You’ll know how long it’s expected to last. And you will get an alert to close a trade the moment the system indicates a trend has likely reached its peak. You will see weekly updates on your positions and access to our Getting Started materials to make sure you’re well prepared.

Click here to sign up for our complimentary Next Wave Crypto Fortunes text-alert service. When you sign up, you’ll start receiving a text message on your cellphone each time we send out a trade alert. There is no cost to register.

Simply enter your name, zip code, email and phone number. Then respond to the text message you receive so we can confirm your registration.

Please read our trading manual and view our crypto education series before starting this service. These materials will help you understand the accounts you need, which exchanges to use, how our service works and more! You can access all of that on our Getting Started.

Yes, but it’s not difficult. Setting up your first account actually takes you just a few minutes, particularly with Coinbase (which acts as an exchange and an online wallet).

Please note that for those in Hawaii, Coinbase isn’t accessible yet. You can use Uphold however. It’s similar, and the fees are actually lower.

I like Coinbase because it’s FDIC insured up to $250,000 for U.S. residents. You can also easily add a debit card or bank account to Coinbase by following its instructions and verifying your identity. So I prefer for new traders to start off with this “entry” platform.

I provide a walkthrough tutorial of this in the report Mastering Next Wave Crypto Fortunes.

Always use two-factor authentication to secure your accounts. Most platforms (like Coinbase) provide this option, and it offers another step to verify it really is you signing in.

First, it’s critical that you do not have your entire trading portfolio dedicated to cryptos. Although volatility is expected, please understand that these investments can either return incredible gains or big losses.

Because of this, it’s necessary to only risk what you are willing to lose.

I can’t stress this enough. My rule-of-thumb is if you aren’t willing to lose 2% to 5% of your assets in the stock market in a day, then don’t invest more than 2% to 5% in crypto. If you can tolerate a larger loss, then increase the position size. If you can’t tolerate a larger loss, then decrease the position size.

But I don’t recommend allocating larger than 5% to 10% of your total equity to this market.

As for what you allocate to each position … we have about one to three trades a month. So I’d say use about 10% of your allocated crypto funds for each position.

For larger investors, this might mean $5,000 to $10,000 allocated to cryptos. With $500 to $1,000 going toward each position. For smaller investors, this might mean about $2,000 allocated to cryptos, with about $200 going into each trade.

Whatever strategy you apply, stick to it religiously. You never know when a loser will come along, and if you’ve put too much of your capital into the wrong trade, you will erode your returns. In the end, it’s up to what you feel comfortable with.

There are only a few crypto assets you can purchase with USD. You will need a working supply of bitcoin and Ethereum to purchase others. So, for most of our trade alerts, you will first need to buy bitcoin and Ethereum before you can purchase the recommended trade alert.

That’s why it’s important to devote about 50% of your crypto portfolio to bitcoin and Ethereum (equally split). I suggest starting with $100 worth of bitcoin to kick you off. That will show you how to do it and give you a feel for the crypto markets. Then increase your holdings once you feel comfortable moving bitcoin to and from wallets and exchanges.

For a $10,000 crypto portfolio, that means allocating $2,500 to BTC and $2,500 to ETH.

This might sound like a large portion of the funds you’ve allocated for crypto trading. But don’t worry!

This is essentially converting your money into another currency, which you can use to make trades. It’s like holding cash, but it also gives you exposure to the two dominant players in the industry. I believe ETH/BTC are long-term investments that any crypto investor should have in their portfolios, so there’s no reason to not own these.

For Ethereum, you can buy it on Coinbase.

You can buy bitcoin on Coinbase, PayPal or Cash App. To start a Coinbase account, check out this tutorial here.

I suggest you do this now so you don’t have to take this extra step each time. I want you to have a working balance of ETH/BTC that you can immediately use to make many of our trades.

Below, I have listed four of the more popular exchanges as well as some notes.

Crypto Exchanges	Links	Notes
Coinbase Pro (Formerly GDAX)	https://pro.coinbase.com/	You can connect this exchange to your Coinbase account. All you need to do is sign in with your Coinbase login and password, and it allows you to use limit and stop-loss orders. (Coinbase only lets you use market orders.) You can also trade in USD, as well as BTC, ETH and others. Low fees, good security and good customer support. The platform may just appear a little daunting to beginners.
Uniswap	https://uniswap.org/	Uniswap is a fast-growing exchange protocol running on the Ethereum blockchain. It offers up to 200 tokens for trading.

If you want to buy a crypto and come across an exchange that isn’t available in your area, there are other exchanges available to use.

To learn how to find these alternate exchanges, watch this tutorial here.

Yes, you should have a wallet. Every purchase of any cryptocurrency is held in a wallet.

Here’s what that means:

A simple explanation is that a wallet is a software program that stores your cryptocurrency.

Technical explanation: It’s a software program that stores your private and public keys (they come in pairs) and enables you to send and receive coins through the blockchain as well as monitor your balance.

When you’ve purchased your first altcoin, you want to move it from an exchange to another wallet to protect it.

There are a whole host of different kinds of wallets out there, so let’s take a quick look at them:

Desktop wallets — You can download these wallets and install the software directly on your computer, which allows you to control your key. You just have to download software updates every once in a while, so there’s a little more work.

Top Pick: Exodus Wallet.

If your computer is hacked or fizzles out, you can always restore a desktop wallet on another device with the same seed phrase.

Important: When you get a seed phrase, it is important to keep it somewhere safe. A seed phrase is a series of words generated by your cryptocurrency wallet that give you access to the crypto associated with that wallet. If you lose it, you will not have access to your cryptos.

Exchange wallets — These offer more convenience and user-friendly interfaces. Online wallets, such as Coinbase, can also be accessed through your iPhone, tablet, etc., whenever you want. Many are free! But your information is stored with a third party, meaning if the exchange is hacked, your cryptos are at risk.

Top pick: Coinbase.

Mobile/browser wallets — These are app-based wallets designed for your phone and web browser. Right now, the browser versions are more functional. Many wallets in the exchange categories offer mobile app versions. If you lose your phone or computer, you can always recreate the wallet with the same seed phrase.

Top picks: MetaMask.

Important note: When using wallets that connect to web3 websites, beware of malicious sites that can drain your crypto.

This can happen with browser wallets such as Coinbase Wallet and MetaMask. So always double check you’re connecting your wallets to safe websites.

Hardware wallets — These are tiny devices that can be plugged into a laptop to make transactions. This makes them less susceptible to hacking. If you lose the device, you can recreate it on another one with the same seed phrase.

Top pick: Ledger Nano S.

For the safest storage, hardware wallets and paper wallets are some of the best options. Just make sure you place that paper wallet somewhere safe!

Start with a smaller position than you would normally allocate.

For example: If you are thinking about buying a $1,000 worth of one crypto, only start $250 worth. And then if the position sells off a little bit, say 20% or 30%, add another 25%.

We are playing the long game. Keep a position size that you’re comfortable with. I believe our Next Wave cryptocurrencies, over the next three, five even 10 years, will be a generational wealth occurrence.

Limit orders are a way of setting the maximum price you are willing to pay. If the crypto is infrequently traded, it will often have a “wide spread” (the distance in price between what someone will pay to purchase the crypto versus what someone is willing to sell it for). As a result, you risk overpaying.With that in mind, I have carefully calculated the maximum you should pay. Remember, my goal is to hit a massive gain on the position. By setting a limit order, we ensure you pay a fair price without undercutting your ability to hit that win.

If the market price is above the recommended limit price, you should not purchase the crypto. Otherwise you’re “chasing the trade,” and that’s something we don’t want you to do.

Set the limit order. If it comes back down to our price, great. If not, we move on to the next trade. And don’t worry; you’ll have plenty more opportunities to profit!

Next Wave Crypto Fortunes is for risk-tolerant investors who are able to stomach losing 40% to 50% on some trades. We don’t frequently lose that. But volatility is higher in this market. Where there is reward, there is always risk. Some double-digit losers are part of the game.

But our strategy has shown time and again that we can easily absorb those when we’re cranking out such large gains elsewhere over and over again. Plus, our profit-managing measures (such as stop-losses) save us from most big declines.

I just mention this because I want you to be aware of the possibility of some double-digit losses.

Our holding periods can be anywhere from months to a year.

But please note that some could last for a year as we trade around a core position. Our strategy identifies investments that are moving higher (slowly at first), and then sells when the general public jumps in and the price of the coin goes parabolic.

Sometimes this can happen in a few days, other times it might take longer.

In general, we think it’s best if you do not reinvest your gains. With any speculative investment, there is always the risk of a volatile movement handing you a loss.One of the biggest mistakes made by dot-com investors is that they didn’t sell when the mania ended, and they rode those losses all the way down. Our strategy is designed to avoid this loss by taking profits on the way up, so that you don’t have to take losses on the way down.

I’ve always lived by the trading rule: “Sell when you can. Not when you have to.”

However, as you develop confidence in the service and get a feel for the crypto markets, you might consider reinvesting a small portion of your overall gains to trade bigger position sizes.

The answer is sometimes. That means that soon after one of our trade alerts is issued, you may see a price spike. That’s perfectly OK! Volatility is to be expected in the crypto markets. Often, the trade will fall back into our buy range. So just use a limit order and wait for your order to trigger.

The crypto markets are open 24 hours a day, 365 days a year. Thankfully, most of the volume and movement occurs during U.S. market hours. For this reason, we don’t generally put out recommendations before the market opens or after it closes.You can enter the orders when U.S. markets are closed, but sometimes the overnight spreads — the difference between bid and ask price — can be enormously wide, making it more expensive to buy and sell.

We do have a text-alert service — it’s free — that lets you know when a new recommendation has been sent. If you haven’t signed up for that, I
encourage you to do so. You will know instantly when our alerts are released. Once you’ve clicked “submit,” just remember to check your phone for the final step. We immediately text you directions to get your confirmation.

For our official position to get filled and placed into the portfolio, the price has to be within our buy range from the time the email leaves our office until the time we decide to cancel our orders. If the price is in our buy range, even for a little while, then at least some of you are able to get in, and that’s when we have to start tracking the position officially. We try to set the buy limit slightly above the most recent high price for the particular crypto. That way, we expect more investors to have an opportunity to get into the position.

Unfortunately, there may be times when some people don’t get in at the recommended price for any number of reasons.

So, we’ll include a small update on a new trade in the following dispatch. We’ll let you know if we did or did not get in. If we got in, but you were unable to because the price moved before you could get filled, we’ll let you know if you should hold onto your limit order for a while longer.

Please view our model portfolio to see all current open positions. The advice column will let you know if the trade is still a buy or a hold.