Why Paul Mampilly Never Invested In Bitcoin

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

 

Ted Bauman, Banyan Hill Group’s Popular Editor

Ted Bauman became a writer for the Banyan Hill Group in 2013. He is the editor of The Bauman Letter, The Plan B Club, and Alpha Stock Alert at Banyan Hill Group. The Bauman Letter, which has the largest reader base of all the Banyan Hill sectors, deals with helping readers to secure personal wealth through smart investments, as well as personal and legal advice. The Plan B Club is a members-only online club that that provides members with information to protect their wealth and assets. Alpha Stock Alert is a weekly stock-trading information guide in which Bauman uses an “algorithmic” trading strategy that he developed to help investors gain insights into possible profits or threats of losses. Check this article at Bloomberg.com for more info.

Ted Bauman was born in the United States’ capital, Washington D.C. In the 1980s, he emigrated to South Africa where he graduated from the University of Cape Town with post graduate degrees in History and Economics. For 25 years he worked in South Africa, serving as a Fund Manager for low-cost housing developments for a large part of that time. He also worked closely as a housing planner and advisor for important, major entities as large as the South African government and the United Nations. While in Africa, Bauman worked with a number of non-profit organizations and that continued when he moved back to the United States in 2008. He became the Director of International Programs, a position that he was highly qualified for, for Habitat for Humanity in Atlanta, Georgia.

Ted Bauman is also a skilled writer and journalist. He has been published in a significant number of international journals such as The Cape Times, Journal of Microfinance, New Internationalist, and Environment and Urbanization, to name a few. He also co-authored a book with his father called Where to Stash Your Cash (Legally) which was published in 2009. In 2013, Bauman left Habitat for Humanity to become a full time writer and part-time editor with Banyan Hill Group. Since then, he has applied his extensive experience with international relations and his background in economics to become the most popular editor at Banyan Hill Group.

More info here: http://thesovereigninvestor.com/precisionprofits/ted-bauman/