Banyan Hill Publishing recently brought cryptocurrency trader and expert Ian King onto its editorial board to serve as their resident expert in investing in crypto assets. Jeff Yastine interviewed King to learn his qualifications and vision of the future of blockchain technology and how investors can profit from it. Banyan Hill and King will introduce a crypto asset trading service later in 2018. Meanwhile, as part of the interview, King shared his three main tips for investors who want to get started investing in crypto assets right away.
First of all, the crypto asset must solve a real-world problem. It must be useful, so there is economic demand for it. King gave as an example the cryptocoin Etherium. The insurance company AXA already uses Etherium to run its decentralized flight insurance program. If you buy a flight insurance policy from AXA and your flight does not depart on time, the blockchain makes sure you’re automatically paid. The entire process runs autonomously over the Etherium blockchain. Etherium is designed so it can host many such contracts, and, therefore, will be much in demand in the future.
The second key to successfully investing in crypto assets is to look at the supply schedule. The creator of bitcoin set up a schedule for how much bitcoin can be released. The total limit is 21 million bitcoin, and that won’t be reached until 2140. However, most bitcoin has already been mined. The mining process is halved every four years. However, not all crypto assets are designed with this bult-in limit. Some can be expanded in the future diluting everybody’s ownership share like a company that issues new share of stock. Read more about Ian King at tumblr.com for more updates
Lastly, Ian King advises Banyan Hill readers to buy only when the technical points favor the trade. He says crypto assets are just like other asset classes and trader psychology is the same for crypto assets as for stocks and bonds. Therefore, technical trading applies to the buying and selling of crypto assets as well. king wants to see a strong uptrend with increasing volume.
King says that, by using those three principles, he bought Litecoin a few months before the interview, and achieved a profit of 1,000%. He acknowledges some people consider Litecoin to be bitcoin “lite,” or silver to bitcoin’s gold, but it’s four times faster than bitcoin at validating financial transactions, which makes it useful.
Crypto assets will continue to rise in price because the world is still in the discovery and investment phase of the cycle. Read more:https://www.zerohedge.com/news/2018-01-08/bitcoin-end-beginning
It was a milestone in the growth and success of Banyan Hill Company when Ian King joined the company as its cryptocurrency expert. Before Ian King joined Banyan Hill, the company had been hearing about the cryptocurrencies, but it did not have someone who could thoroughly enlighten it more about the digital currency. All that it knew was that digital money would wipe out the need for a central bank in a given country. Having that in mind, Banya Hill consciously knew that they needed a digital currency expert to be a cryptocurrency writer in the company. Although the company needed such a writer, it would face the challenge of getting the exact person with adequate experience and excellent credentials for the position. One of the requirements that the right person (cryptocurrency writer) should have met was not just being able to write about the digital currency but also one who was actively involved in buying and selling of it. In the quest to get one, Ian King turned to be the fittest person for the position. Read more about Ian king at talkmarkets.com for more info.
Since he joined Banyan Hill in the year 2017, Ian has written many insightful articles about bitcoin. One of the recent pieces that he scripted gave good reasons why many bitcoin investors made losses on every transaction they made. In that article, he pointed that most of the investors who often make losses in Bitcoin trade are usually casual about it and don’t take time to learn from their past mistakes. He gives the peaks and valleys of bitcoin that each investor must have. He advises potential bitcoin investors to have a strategy when investing in the business and to a have an exit plan just in case the business fall since bitcoin has not yet stabilized. One thing he warned them is not to put their emotions in the business. The other critical recent articles that he has written include The End of The Beginning and Cryptocorns among many others.
Ian King has an experience of more than twenty years in examining market trends and trading. Before joining Banya Hill, Ian worked in Salomon Brothers as a clerk and later transferred to Citigroup Company to work in the credit department. Ian is also the founder of Intellicoins. In this company, he would equally write articles that would help potential cryptocurrency investors.
Ian was raised up in Jersey Shore town where he utilized most of his summers as a lifeguard in the ocean. At the age of nineteen years, Ian was appointed to serve as the captain of the Belmar beach, the busiest beach in Jersey.
Since Jeff Yastine first started learning about cybersecurity, he has done his best to make sure he could help people through different opportunities that people have had to try their best at different things. He knew there would be a way he could help and give back to the community and that’s what gave him the ability to make sure he could continue helping others with the issues they were having. As a cybersecurity expert, he knew he could do everything that would allow him the chance to make sure things would get better.
For Jeff Yastine, the way to do this was publishing information on the cybersecurity options they could use on their own. It allowed him the chance to make sure he was showing people the right way to do things and the right opportunities they could use to make things better. While Jeff Yastine knew he was doing things right, there were some issues that came as a result of the business. He also knew he would need to do what he could to help people through different situations they were in. Learn more at Seeking Alpha about Jess Yastine
After the huge security breach that happened to a major bank, Jeff Yastine knew he could show people what they would need to do and how they could make things better. He also knew he was going to have the help that he would need to try his best at different situations. The blog that he runs and the publishing company he is the editor for gave him the perfect medium to tell people about the cybersecurity issues there were in the world. He felt it was his job as someone who knew a lot about the issues to try and make things easier for people who need to learn more about cybersecurity.
As long as Jeff Yastine has tried to always help people through the issues they were dealing with, he knew there would be a way to bring attention to all the things that were going on in the cybersecurity world. Since Jeff Yastine didn’t want to see anyone else have to deal with an attack, he knew he could give them the solutions they needed to feel better about the issues they were facing and the problems they had on their own. For Jeff Yastine, this was part of his business plan and part of what made him the best at what he does for others.
Read this article:https://www.stockgumshoe.com/2013/03/microblog-jeff-yastines-prediction-of-april-30th-historic-fed-move/
Recently, Mr. Ted Bauman did an article in which he analyzed the effects of the recent tax cuts that were passed by the House of Representatives and how ordinary individuals can take advantage of it and make a quick buck before time runs out. The article starts with a story of how when he flew into South Africa way back in 1984 and considering the strength of the dollar back then compared to the South African Rand, Ted managed to purchase an asset which he says has really paid off for him over the years. He advises his readers to try this move because according to him time could soon be running out especially now that the House of Representatives has passed the tax cuts and this will definitely have an effect on the financial markets in turn affecting the strength of the dollar.
He goes further to reveal that while a strong dollar means that when Americans travel abroad to countries where their currencies are weaker compared to the dollar, they are treated to cheaper vacations and so on but on the other hand this means that products made and manufactured in the United States for the export markets are pricier and thus making them a hard sell especially to countries with weaker currencies when compared to the dollar. As a result, this hurts the manufacturing industry which is one of the top employers in the United States job market. On the flipside, the imports are also cheaper compared to goods manufactured in the United States which encourages some consumers to buy from the foreign markets and in turn hurting the local manufacturers and trade balance.
Ted predicts that all indications point to a relatively weaker dollar in the near future considering that it is estimated that the recent tax cuts passed by the house of representatives will likely lead to a $1.5 trillion in federal deficits. Hence the opportunity is to buy foreign assets that are priced at local currencies such that when the dollar declines, the assets will be worth more in dollars than when you bought them a concept Ted calls and “exchange-rate turbocharge.”
About Ted Bauman
For the past 4 years, Ted Bauman has been working with Banyan Hill Publishing as the editorial director and editor of The Bauman Letter, Plan B Club, and Alpha Stock Alert. He is an expert in low-risk investment and asset protection.