Ian King: Crypto Craze

Investment has long been seen as an avenue to long-term financial prosperity. Venture capital is the act of investing in early-stage companies and is known to produce significant returns in comparison to typical stock and options trading. In the world of venture capital startups which have a valuation that exceeds $1 billion have been described as unicorns. They were described as such due to their rarity, however, with the advent of blockchain technology and cryptocurrencies, they are becoming more and more common. Banyan Hill publishing company recently hired Ian King cryptocurrency trading expert in order to help publish a column on cryptocurrency trading advice.

In the past investors in the so-called unicorns of the industry were typically limited to venture capitalist and high net worth individuals. Ian King describes the rise in prominence of cryptocurrency assets is a proliferation of new investment opportunities. These digital assets which represent an alternative form of currency have seen incredible returns over the last year. As of now, the most well-known cryptocurrency is Bitcoin. However, there are over 1000 other blockchain technology applications. These technologies have seen gains in excess of 10,000% during the last year. Follow Ian King Banyan on Twitter.

Blockchain technologies are currently being developed to help identify and solve significant issues found in the real world. Now there is much speculation as investors are trying to find the next prominent cryptocurrency causing substantial spikes and valuations of these digital assets. Ian King has said that there are more than 40 projects based on the blockchain technology which have a combined value of greater than $1 billion. In 2014 there were only 60 alternatives to Bitcoin. Now there are more than 1400 representing a 25,000% increase in just the last year. Their total value grew from only $2 billion to over $500 billion in 2017.

Ian King Banyan has stated that there are many similarities between the current financial mania surrounding cryptocurrencies and the one that occurred in the late 1990s around Internet technology companies known as the dotcom bubble. There is excellent potential in this new industry for investors to generate massive returns and as the popularity of blockchain technologies continues to increase the frenzy surrounding the investment opportunities is only growing. Ian King planned for launch a new crypto trading course for Banyan Hill publishing companies readers and 2018 with hopes to help educate everyday investors on just how to take advantage of this exciting new world of opportunities. Read more on Talk Markets: http://www.talkmarkets.com/contributor/Ian-King/