Category Archives: Cryptocurrency
Paul Mampilly Takes a Swipe at the Bitcoin Craze

Paul Mampilly is an experienced investor and financial advisory guru. He is a former hedge fund manager who decided to take to Wallstreet to ply his trade from there. Judging from the recent developments in his portfolio, he is doing well. Well, it must be better than well, actually, great. He is the publisher of the popular subscription Newsletter, Profits Unlimited which has hit a subscription of 100, 000 people. He is also the owner and editor of Extreme Fortunes. He is known for his controversial yet mostly accurate predictions of the trends in the stocks market. In a recent interview, he makes some notable comments regarding the Bitcoin cryptocurrency. Read more articles by Paul Mampilly at Banyan Hill

It Is Going Down Soon

Well, Paul thinks that Bitcoin is a bubble that will soon burst. Mr. Mampilly is not only known for his publications but has also collected prestigious awards and recognition for his insights into the stocks market trade. He once won the much envied Templeton Foundation Award for investment. He says it is not easy to pinpoint the exact point when the bubble will burst, but he knows that it will soon crash.


Drawing from Paul Mampilly’s Life Experiences

Mr.Paul Mampilly recounts an incident in which one of his friends had invested in a stock that rose above the 1000% mark. He remembers having given his friend, Tess, a pat for a good choice. He, however, warned her that the year 1999 was designated for bubbles. So it was better if Tess sold off all if not the better part of her stocks. His friend failed to heed the advice and soon she was left empty handed. Paul Mampilly believes that the current trend with cryptocurrency is similar to the 1999 scenario when there was the explosion of Internet-related technologies, and the related shares were hitting the roof. He draws comparisons and observes that the internet bubble of 1999 was made of huge companies with respected history and reputation. For example, Qualcomm Inc had risen 2, 619%. He observes that there was a list of another 9 stocks on the Nasdaq that had risen by 900%. He points out, for the benefit of readers, and his followers that the stocks that came tumbling weren’t from backstreet setups. They were stocks of well-established organizations which were Nasdaq-listed. Visit the website paulmampillyguru.com to learn more.

The Verdict

Quick unusual Rises in stock prices signify danger ahead in stocks trade. They signal the market that someone is losing their head and that it’s a matter of time before matters are returned to normalcy. He observes that the cryptocurrency bubble is not an exception to the age-old free market rules. He warns his fans and followers to remove their money if any from Bitcoin and cryptocurrency activity, lest they lose when it comes crashing down. Follow: https://twitter.com/MampillyGuru

 

 

Ian King, Cryptocurrency Trading Expert

Ian King: Cryptocurrency expert and Entrepreneur

Ian King grew up on New Jersey shore, worked as an ocean lifeguard during summer vacations. He was made the captain of the busiest beach in Belmar at the age of 19. He received a Bachelor of Science degree in psychology. He had a passion for trading while in school that prompted him to start trading in dot-com stocks from his dorm room. Because of his interest in trading, he went on to an internship program at Merrill Lynch. He acquired necessary skill and experience through rescuing people as a lifeguard which he applied in his entrepreneur journey in trading.

Ian King was a former hedge fund manager and now an expert in cryptocurrency trading. He has many years of knowledge in analyzing and trading in the financial market. He is a senior contributing editor at the Banyan Hill publishing and first established crypto investing multimedia product for Investopedia.

Cryptocurrencies are a vital change in the way people can exchange something of value built on trust. He believes the economies do well in societies where people trust each other.

A unicorn in the financial industry is a startup project or venture that can claim a $1 billion in the estimate and it can be used as a real rarity. Many companies all over the world have been labeled as unicorns namely Pinterest, Dropbox, Uber, and Airbnb. These unicorn companies have a combined investment of two hundred billion and a $967 billion market evaluation. This amounts to a high percentage return of 4oo in about two years.

Investors presently trust that they will be where they need to be to get in at the start of a new big thing or venture. This condition has created a new startup unicorn called cryptocorn. There are 41 blockchain projects that were estimated at over $1 billion however, bitcoin was the only one that could be a verifiable Cryptocorn.

Ian King is considered a cryptocurrency expert because of his expertise in the financial and trading market for over two decades. As a cryptocurrency trader, he has an impressive knowledge of the market. He is one of the leading contributors in the world of cryptocurrencies. He has designed a program to help educate people about cryptocurrencies like ripple, monero, bitcoin, and litecoin to mention few.

Ian King believes that the distribution of investment among new crypto asset undertakings is just the beginning, as new bitcoin millionaires invest back into their crypto wealth and new entrepreneurs look to exploit the current rush of Investment.

For more information visit website https://www.crunchbase.com/person/ian-king-4924