Many financial experts have tried to explain to the curious investors what cryptocurrency is and how they can invest in without losing their money. However, no financial expert is comparable to Ian King regarding knowledge and understanding of digital money. He is an experienced financial guru has worked with various financial organizations. His entry to the digital money was a liberal move, a sign of defiance to the traditional centralized money economy. Currently, Ian King is the resident contributor to Banyan Hill Publishing on cryptocurrency. He has BS in Psychology from Lafayette College although he never practiced this profession. More info about Ian King here.
Ian King has a very different but interesting perspective on digital money. He refers the cryptocurrency as Cryptocorns. Cryptocorns derived from the economic term unicorns, which refers to the investment opportunities that are only available to people with a lot of money on big companies. Referring to digital money as Cryptocorns, Ian King tries to give the bigger picture of digital money and investing. Digital currencies have redefined the concept of investing. The regular investor can now invest in a digital currency that can make an incredible 400 percent return on their investment. This new reality is phenomenal, and that is the reason why he refers the digital currencies as Cryptocorns.
Crypto being the “next big thing” is leading to price rises that markets have never witnessed in history.
— Ian King (@IanKingGuru) January 12, 2018
According to Ian King, digital currencies are the new best thing after the internet. Over the past ten years, financial pundits have debated the viability and lifespan of the digital currencies, and most predictions have gone wrong. However, Ian King in his writings tries to debunk the common fallacies that are associated with cryptocurrencies and finally give a more objective financial opinion. He argues that the digital currencies are for the liberal investors who are not scared away by a high rate of volatility. A traditional stock exchange is characterized by low volatility rates, and it is consequently hard to make high profits.
In the past few years, his advice and opinions on the world of digital money have gained audience due to his original takes on issues surrounding the trade. For example, he views cryptocurrencies as the future for online transactions due to some of its features. Initially, the digital money eliminates the position of the middlemen which over the centuries have run a business. This according to him is an excellent financial move. Second, he defines the most crucial thing in any trade as trust. With digital currencies, trust is paramount, and all the transactions are in the public domain.
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