In January 2009, an unnamed person named Satoshi Nakamoto had followed through on his plan to create a working form of Bitcoin, one of the first real-deal digital currencies that has since blossomed into one of the world’s most popular in terms of trade value, dollar worth, and market capitalization.
However, the number-one, oldest cryptocurrency fell short to sunken prices to the tune of some 13,000 United States Dollars’ dropped over a span of few more than 180 days after the digital coin mysteriously started to fall after rising from roughly $1,000 in January 2017 to more than $19,000 in the latter two months of that year. Read more at Talk Markets.
Didn’t somebody predict that the crash would blindside its far too many holders?
Perhaps, but at least the interconnected power of the all-knowing Internet can’t reasonably or readily identify one or more people who have succeeded in the identification of an upcoming tank of Bitcoin’s once-super-impressive digital price tag.
Ian King foresaw that it would drop at some point in the then-near future back in October 2017. The readers of Banyan Hill Publishing who listened to Mr. Ian King now know that they can trust him with virtually any of their concerns related to their independence from others – including employers that don’t pay nearly as much as solid investment income – and hopes to stay sovereign, both goals attainable primarily through saving up enough wealth to earn a living.
The two aforementioned goals are the same goals that Banyan Hill Publishing was built upon some 20 years ago as The Sovereign Society.
Mr. Ian King is also worried about something else – something far more important to most people than a price drop across the figurative board of cryptocurrencies – a potential grim outlook for the likes of every individual and organizational investor with a substantial proportion of their respective portfolios tied up in stocks.
What about a stock market crash?
Making any substantial changes – even somewhat substantial changes that do nothing more than toe the thin line of what is likely to and what isn’t likely to affect the performance of a nation’s financial market – in a government’s interest rates can wreak havoc on such a sovereign state’s stock markets.
Mr. Ian King firmly believes that while no historical happening will take place again as in carbon-copy form, one modern historical event often does “rhyme” with others from many years ago; Ian King relates this phenomenon to an upcoming stock market failure he think will happen.
Learn more: https://www.investopedia.com/contributors/82716/