Ian King: Investing In Cryptocurrency


Banking systems and centralized authority figures are continuing to sow the seeds of their own distrust around the world in the new and exciting technologies known as blockchain are promising to change the very foundation on which they are built. Ian King successful financial analyst and new member of Banyan Hill publishing company has launched a new publication titled Crypto Profit to help educate the masses on this new digital asset class.

Typical institutional and retail investors around the world are used to the returns expected on Wall Street for example in the case of Facebook which is appreciated in value 355% since the initial public offering. However, the people who truly make incredible profits are the financial elite who are able to take part in investments in the earlier stages prior to becoming a publicly traded stock. Individuals who invested in Facebook gained over 60,000% in comparison to those who invested after the initial public offering.

This same pattern of profits going to the financial elite was seen in the rise of new transportation company Uber. It is now valued at over $48 billion in market capitalization marking a 12,000% increase over its initial valuation of 4 million however nearly all of this went to the hands of venture capitalists. The same narrative is not seen in the world of the currencies.

In fact investment in these digital assets is available to anyone and everyone around the world. This marks one of the first times that individuals can invest in technology before being offered publicly. There are many signs that cryptocurrencies are here to stay as they have surged in the market capitalization from their initial values of $17 billion at the start of 2017 to over $817 billion by the end of the year. During this time many investors experienced significant returns on their investments. As a result, large corporations such as the Goldman Sachs group have taken an interest in launching their own institutional crypto trading desks. Governments around the world are beginning to implement their own versions of the blockchain technology to take advantage of the benefits that decentralized technology offers to its users. The fact of the matter is that this new exciting class of assets is here to stay and for those who are willing to take a risk poses one of the most significant potential investments currently available. Despite this Ian King Banyan urges members of the public not to invest more than they are willing to lose.

Learn more: https://iankingguru.com/

 

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