Page 4 - CBI Magazine_May 2021

CBI MAGAZINE | May 2021
hospitality and tourism industries, are hit hard as travel restrictions, lockdowns, masking and social distancing are implemented
3. Oil prices plunge further due to ongoing price war between Russia and Saudi Arabia
4. Bitcoin and altcoins are not spared the downturn
The Cryptocurrency Rebound
Fast forward to March 2021. Bitcoin reached its’ highest value ever - in excess of $60 000 from as low as $3780 the same time last year! As a result, with the global economic community’s interest in cryptocurrencies piqued, the large-scale demand for DIGITAL FINANCIAL SERVICES AND ASSET MANAGEMENT infrastructure is imminent.
This, reported in the Financial Derivative:
“Given cryptocurrency’s potential to change the financial landscape and beyond, countries have to act faster in establishing strong regulations. But if there’s one thing that the pandemic has highlighted is that bitcoin and altcoins have real value in today’s world – and this isn’t mere speculation. It is fact.”
One of the fundamental laws of quantum mechanics is that: “There is ONLY potential” and this is no
exception! So, the “down time” we had gave us all an opportunity to reflect on our priorities and re-calibrate our expectations and strategies. One of the major benefits, in this regard, was the adaptation to working from home and the realization that huge corporate offices are not necessarily essential to economic growth.
This was especially relevant to networkers and network marketing professionals who, mostly, saw a boost in their networks, with an expanded circle of influence, as everyone became more and more static. We’re observing a direct correlation between the widespread education of blockchain technology and cryptocurrency, and opportunities opening up for the proverbial “man in the street.”
CBI – A Digital Asset Management Industry Leader
With a 3-year head start, CBI is already positioned to be a market leader in the DIGITAL ASSET MANAGEMENT space. Not only have we met the needs of our members, but also proved to be a major player in wealth creation, with no end in sight as the demand increases exponentially.
We’ve quite literally received hundreds of testimonies from our
members, saying that if CBI wasn’t present in their lives during one of the most challenging years in human history, they would not have survived. However, our gratitude is reciprocal. So therefore, we are eternally grateful to our Creator, our team who work tirelessly and are always available at the drop of a hat and all our members who have faithfully supported us and made use of our services. CBI’s eco-system wouldn’t have grown if it wasn’t for each and every single member.
In the current economic climate, it is, now, more necessary than ever to engage in further strategic planning, stay ahead and protect our own sustenance with internal SDGs. This is a mean feat by any stretch of the imagination. However, CBI has always been up to date with leading edge developments, and, more importantly, ADAPTABILITY! We will endeavour, and do everything in our power, to maintain this position.
We believe crypto markets, especially bitcoin, will be a real “store of value” and many institutional investors, including the likes of Gray Scale, Black Rock and Tesla, have invested big amounts in the crypto sphere. We don’t think bitcoin will ever go below $35,000 again and believe that our portfolios in general should easily grow up to 200% going forward.
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