Ian King is an experienced trader and expert in cryptocurrencies who recently joined Banyan Hill Publishing as the company’s resident crypto guru. Before long, he and Banyan Hill will launch a trading service specializing in helping investors profit from the huge gains that cryptocurrencies will make in the future. Bitcoin and some other cryptocurrencies are going through a hard stretch in early 2018, but it has seen difficult markets before. It the long run it will keep rising. The blockchain technology is extremely powerful, and destined to disrupt many industries.
Like many, Ian King is a cryptocurrency true believer. He believes in it so much he left a great job with a hedge fund to set up a website to educate people on Bitcoin, Monero, Ethereum, Litecoin, Ripple and other cryptocoins. He started his professional career trading dot com stocks from his dorm room while still in college. He kept his major Psychology, however, because he loved analyzing why traders do the things they do, and applying that to the markets, because the market is just a large group of people. He interned at Merrill Lynch while the 90s bull market was still going on. He became a clerk for Saloman Brothers trading mortgage bonds. Next came stint in credit derivatives for Citigroup. Then he spent ten years as Head Trader at Peahi Capital, a hedge fund based in New York City. That’s the job he left to set up his own firm to educate investors on how to make money from buying and selling cryptos. Read more about Ian King at tumblr.com for more updates.
He also applies the psychological lessons he learned about trading to cryptocurrencies. As a trader he learned that while asset classes such as stocks and bonds are different, traders are the same. Cryptocurrencies are just another asset class. However, the technology is dramatically affect banking and the economy.
Ian King believes that cryptocurrencies are a long way from their peak values. Institutional investors are just beginning to pore into it. We are many years away from the top of this market. That’s why this is the best time to get into the market. By now, everybody has heard of Bitcoin, but not many ordinary people own any. He points out that the current Bitcoin market is unprecedented because it’s the first time an asset has become popular without participation by Wall Street. Billionaires and hedge funds are entering the market behind the nerds and libertarians.