Paul Mampilly gives his insight about cryptocurrency.

Paul Mampilly gives his insight about cryptocurrency.


Paul Mampilly recently published an article about the investment woes of the cryptocurrency bubble. This is not the first time that Paul has predicted a crash of the market caused by an economic bubble. The 2001 crash of the market was something that he foresaw and tried to warn some of his friends that had immersed profits up to six figures, but it was all in vain. Finally, when the market came to its knees, Paul Mampilly and his analyses stood out to be accurate and factual. Similarly, his critiques about the bitcoin market have not been welcome as Paul has received emails from other investors accusing him that he feels bitter about missing in on investing on cryptocurrencies and that’s why he is so cynical about the investment venture. Follow Paul on Facebook. However, Paul Mampilly is not one to be petty and has clearly outlined acts to support his opinion that this is another economic bubble that is a dead end for investors similar to 1999. Just like in 1999 when the stocks went up with insane figures such as 1,000percent, a similar situation is happening in the world of cryptocurrency with coins such as Etherium going up by 13,000percent just in the year 2017 alone. Bitcoin is among the most popular of all cryptocurrencies and is now valued at over $19,000 having been launched as a form of exchange and equitable pay among peers in 2008. Bitcoin was then spurred into growth by a growth of interest in the coin and subsequently the recognition of it as a currency, and a mode f payment also grew. By the year 2017, countries such as Japan had passed bills that required organizations to use bitcoins as a legal form of currency and Russia was also on the verge of imposing the same. Clearly, the trading, buying, and selling of cryptocurrency have outweighed the actual functional value of the coin, and this is a real sign of an economic bubble just waiting to burst, and investors will suffer loses in the end. Also, Paul looks on the other side of the coin and points out that the technology underlying the cryptocurrencies is quite phenomenal and may revolutionize many of the aspects of the market in the years to come. Paul firmly states that the blockchain technology employed may change forms of transactions used in the real estate and also making the process of lending and borrowing across the world a simple one. Learn more: https://affiliatedork.com/banyan-hill-publishing-investment-advice

 

As prior winner of the Templeton Foundation Investment Competition, Paul Mampilly has a good name for investing as a once, active, hedge fund manager, and as the brains behind the Profits Unlimited service.

After moving to the United States from India when he was very young, Paul Mampilly started a career in finance, in 1991, as an assistant portfolio manager with Banker’s Trust. Mr. Mampilly ended up managed hundreds of millions of dollars for both Deutsche Bank, and at ING Group, after leaving Banker’s Trust. Mampilly has 25 years of experience in business, and has been a featured guest on Fox Business News, Kiplingers, Bloomberg TV, CNBC, and others.

In 2006, Paul Mampilly joined the company, Kinetics Asset Management. Not soon after being hired by Kinetics Asset Management, Mampilly increased the assets of this new firm to $25 billion dollars, up from the initial $6 billion. While at Kinetics Asset Management, he managed the Royal Bank of Scotland’s account, the Sears account, and Swiss bank accounts. In 2009, Mampilly won the Templeton Foundation by turning a $50 million dollar investment into $88 million.

At 42, Paul Mampilly decided to retire, and spend more time with his family, so he relocated to North Carolina. Mampilly is currently the Senior Editor of Profits Unlimited, one of his three newsletters available through Banyan Hill Publishing. Besides Profits Unlimited, Paul Mampilly runs Extreme Fortunes and True Momentum newsletters. Follow Paul Mampilly on Twitter.

Profits Unlimited is an advisory service that Wall Street hedge fund manager Paul Mampilly, created. In March, 2017, it was noted that Paul Mampilly’s research service, Profits Unlimited, had hit a major milestone, with a total of 60,000 subscribers. This was an extraordinary feat for Mamphilly, to be known as having one of the fastest increasing newsletters in this niche. Paul Mampilly joined Banyan Hill Publishing in 2016.

Banyan Hill Publishing, which was founded in 1998, is a research firm and subsidiary of Agora, Inc. Banyan Hill Publishing, which is an investment research company that has earned $80 million in sales, provides key financial strategies for subscribers to strategize, protect, and accrue wealth.

Paul Mampilly’s education included an MBA earned at Fordham University, New York, in 1996. Since Mampilly has hatched Profits Unlimited, some of the stocks that he has recommended have increased as much as 56 percent, 64 percent, and 73 percent. Mampilly emphasized that the Internet of Things (IoT) will be a key part of the future technology revolution, and that companies should focus on areas like precision medicine.

Read: http://www.bizjournals.com/triangle/potmsearch/detail/submission/6423751

 

Insights on Cryptocurrencies by Ian King

Given the current craze around cryptocurrencies, especially Bitcoin, it comes as a surprise to some that barely five years ago very few people had information regarding this sector. Back then, it was dubbed, the new thing; and it still is. Cryptos would eliminate the need for central banks, while the underlying blockchain technology would spell the end for bureaucracies. Hence, it became imperative to inform the public of this remarkable discovery.

At the time of Banyan Hill’s creation, there was an opening for an expert on virtual currencies. Finding the appropriate individual was a tough call, primarily due to the complexity of the matter. After a thorough search, the online investment journal came across Ian King and well, the rest is history. Not only was Ian an enthusiast, but he actively participated in trading the virtual currencies.

Ian first developed an interest in cryptos after the infamous financial crisis of 2008. In 2012, he interacted with a Silicon Valley startup that was testing out a virtual currency to allow central banks to mint and distribute cryptocurrencies. While the backing by a central bank meant that the e-currency was not fully autonomous, this project enlightened Ian on how cryptos could spur the new digital age. Read more about Ian King at banyanhill.com

Before delving into the crypto sphere, King had a stint at Wall Street. Here, he worked in different capacities at Citigroup and Salomon Brothers. Ian maintains that though the asset calluses may differ, the investment behavior remains the same across the two sectors. The secret is being at the right place at the right time and capitalizing on opportunities. Similar to the dot-com era in the ‘90s, cryptocurrency holders can make enormous profits within a relatively short period.

Though the craze for virtual currencies is in full throttle and people are flooding the industry, Ian reckons that investors can still make money off crypto assets. Bitcoin might have reached its tipping point, but it still has a myriad of opportunities that investors can exploit. Ian believes that the skepticism around Bitcoin is a result of Wall Street experts arriving late to the party. Consequently, the cynical critics are labeling cryptos as a ‘fraud,’ because they have not found a way to milk profits off this industry.

Concerning the future, Ian believes that the best is yet to come. The industry is still in early stages, yet it has shown so much promise. The market capitalization is currently at $600 billion, but according to Ian’s projections, they will soon surpass the $3 trillion milestones set by the dot-com era decades ago.

Read more on Talk Markets: http://www.talkmarkets.com/contributor/Ian-King/