Paul Mampilly has said over and over again that Bitcoin will likely crash. The reality is that he did not invest in Bitcoin for a reason. He chooses his investments very carefully. He weighs a lot of factors when he looks into which investments are going to be worth his time. The thing about Bitcoin is that it is a unique asset. It does not have any fundamental value. Instead, its value is based entirely on what the public thinks about it. The problem is that if the public interest starts to decrease, then the value of Bitcoin will drop very quickly. We have already seen this happening, and it will likely happen again. There is no way to predict whether or not Bitcoin will go up or down. Visit Bloomberg to know more about Paul Mampilly.
For those people who say that Paul Mampilly is only warning against Bitcoin because he is unhappy about his decision not to invest in it at the beginning, you obviously don’t know anything about Paul Mampilly and his history. The fact is that his friends told him the same thing when he warned them against holding onto their stocks from the dotcom bubble. At that point, Paul Mampilly did indeed invest in those stocks, but he sold them all to take a profit while others were holding onto them. The end result was that the stocks crashed, just like Paul Mampilly predicted. The opposite of what his friends said came true. He made money because he took profits early on, while they lost money because they did not sell like he advised them to.
He even had a friend called Tess who refused to talk to him because he warned her not to keep holding on to her investments. However, he watched as she lost money, and he watched as so many of his friends lost thousands and sometimes millions of the money that they had invested and earned on their investments. Read this article at Forexvestor.com.
There is another major problem with a bubble, says Paul Mampilly. Not only is the price of the asset dependent on public opinion, but the emotions of investors are affected. After all, there is a media frenzy about the asset, and this causes them to place a higher value on it then they would have. This causes them to hold on to their assets when they should really be selling them. Check: https://medium.com/@paulmampillyguru
Billionaire and founder of An investing firm, Shervin Pishevar, recently went on what has been referred to as a tweet storm, releasing 50 tweets aimed to identify and to break down, a number of economic trends that he predicts will change the state of the global economy. Over the course of his career, Shervin Pishevar has correctly predicted a number of important financial changes regarding the stock market and has also been an early investor in several transcendent companies, including Airbnb and Uber.
Google and Amazon were two of the major conglomerates that Shervin Pishevar predicts will undergo a significant downturn in the near future. Many people are taking his predictions very seriously, as one day after going on the tweet storm, the market began to suffer tremendous losses, with the Dow declining at an alarming rate, and the S&P struggling to regain its footing. As a result, the markets began to panic, and historically safe bonds and industrials began to lose their security. In a half hour, a huge sell-off resulted in the Dow dropping 500 points, and Shervin Pishevar, referencing the constant bragging of President Donald Trump regarding the ascending nature of stocks in recent times, created the phrase, TrumpDump.
The first of Shervin Pishevar’s tweets came around 9 pm on February 5th, and he immediately began discussing the current state of U.S. markets, predicting that over the next few months, the U.S. stock market would suffer a 6000 point drop. Throughout the course of the tweet storm, he would elaborate further on his predictions, which seemed to give them more credence, particularly considering the fact that Mr. Pishevar had recently taken a hiatus from Twitter. Once Shervin Pishevar reached his 24th tweet, he touched on one of the most popular topics of recent economic debate – Bitcoin. In light of its recent decline, Mr. Pishevar predicted that the cryptocurrency would continue to drop consistently, before rising again at a stable pace over the next two years, which makes sense, as Bitcoin recently reached a price of 20k, before swiftly dropping back to a price of 8k.
The Editorial Director of Banyan Hill Publishing recently highlighted stocks that investors could cash on in 2018. He suggested these stocks because of their potential in challenging Amazon’s dominance in the retail market. He also believes that other bigger Amazon Rivals are likely to buy these businesses in an effort to improve their competitiveness. Jeff Yastine says that any investor who is keen on gaining profit from the stock market can take advantage of the situation.
In December Last year, Yastine urged investors to purchase stocks from companies that were likely to merge or acquire other companies. He pointed this as the most lucrative strategy that would generate more income for investors. A month before that, he had praised a Brazilian aircraft manufacturer, Embraer for winning several contracts to manufacture both civilian and military aircraft.
That information helped many investors to make money after Boeing revealed that it was in the process of negotiating a possible merger with Embraer. Immediately after that announcement, the South American Company’s stock value skyrocketed. However, investors should be aware of the fact that such kinds of mergers take long before they are completed. Besides, a large chunk of the company’s shareholding belongs to the government and it would definitely no allow foreign investors to take charge.
The merger between Boeing and Embraer is a trend that has just begun according to financial analyst, Jeff Yastine. He says that Media, technology, telco, insurance and chemical industries have in the recent past continued to acquire their rival companies in a bid to combat competition. Yastine advises investors to consider the probability of a company merging with another before buying their shares.
Yastine recommends investors to purchase Kroger Co. shares. He says that the popular grocery chain has the potential of merging or being acquired by Amazon’s rival company that would like to compete with its Whole Foods stores.
Advice on eBay
Jeff Yastine also advises investors to purchase eBay stocks because of the potential that the company has. The auction website has in the recent past increased its sales and attracted attention from people across the world. Yastine believes that the company will give Amazon a run for its money when it comes to online sales and deliveries.