The rising popularity of cryptocurrencies across the world has captured the attention of financial traders everywhere. Ian King, a member of Banyan Hill publishing company, has developed a new cryptocurrency advisory column to help inform everyday individuals about the markets for cryptocurrencies. Ian King has over 20 years in the finance industry and has had several successful trades that have gained him over 5000% returns in just a few months. Using the expertise he has developed over the years in the industry of finance he has lost his column to help educate the masses on the advent of this new and exciting technology. Visit ideamensch.com for more info.
During December 2017 the price of Bitcoin rose towards $20,000 as users around the world continue to buy into crypto mania. This increase in price caused the total market capitalization of cryptocurrencies to surpass $800 billion or more than 5000% higher than the same time from the previous year. This is caused a surge in the amount of individuals who are interested in the exciting asset class to currencies. While it is definitely a valuable asset to have in your portfolio, Ian King Banyan cautions individuals not to put more into the asset class than they are willing to lose. While all indications point towards more significant growth in the future there is no guarantee of returns.
The entrance of new users has caused a disinterest in the decentralization of existing corporations and businesses as they are more interested in chasing the incredible returns the cryptocurrencies offer. As a result during the recent crash and prices, many weekends in the crypto markets have been eliminated. This is good news for long-term holders of these digital assets. As we cans are removed from the markets, the long-term valuations should continue to climb. View Ian King Banyan’s profile on facebook.
As of now both governments and corporations around the world are beginning to take notice of blockchain technology. The promises of decentralized immutable ledger systems have immense implications in a variety of industries from the banking and financial industries all the way to supply chain management. The instantaneous transfer of value amongst members of the world across borders with little to no fees is nothing to laugh at. In King believes that as the number of users continues to grow more and more applications for this new technology will be developed which in turn will cause an increase in the valuations of cryptocurrencies which itself will lead to more users creating a cyclical cycle of increasing value. More info Click here: https://angel.co/ian-king-banyan
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— Ian King (@IanKingGuru) March 27, 2018