My Private Conversation with Crypto Expert Ian King
by Jeff Yastine
I’d like to once again say how thrilled I am that you will be joining us for the Crypto Profit Summit.
I am confident this will be the most exciting and eye-opening event we’ve ever held.
For starters, Ian will be revealing details behind one of the most anticipated and potentially profitable strategies our team has ever seen.
In sum, Ian has developed one of the world’s first patent-pending crypto trading strategies … a strategy that targets windfall gains of 1,000% or more within a matter of months.
That’s why Paul Mampilly, Matt Badiali, Michael Carr, Chad Shoop, Ted Bauman and I are so excited to welcome Ian King as the newest member of the Banyan Hill team.
Ian and I had a brief phone conversation yesterday to discuss why there has never been a better time than RIGHT NOW to invest in cryptocurrencies … and how his patent-pending strategy is able to identify cryptos before the tenfold surges higher.
A transcript from our call is below.
Jeff: Hi, Ian, it’s Jeff.
Ian: Good morning, Jeff. I hope you are doing well.
Jeff: I am. Thanks. It looks like 10,000 people signed up to watch our Crypto Profit Summit in the last day, so … that’s exciting.
Ian: Great. The timing to invest in cryptocurrencies couldn’t be better. The markets have really pulled back over the last few weeks shaking out a ton of fickle investors. Those who invest now could potentially make a fortune in the days ahead.
Jeff: I agree. That’s why I want to hold this call with you. We are going to record it and get it transcribed so that we can send it out to the attendees.
Ian: Sounds great. I’m ready.
Jeff: Good. Let’s get started. I want our attendees to know a bit more about you. There are a lot of so called cryptocurrency experts out there. But you stand out because you’ve been an investor for about two decades.
You worked at Salomon Brothers in the famed mortgage bond trading department … at Citigroup in the credit derivatives group … and as the head trader at a New York-based hedge fund … a fund that made a 339% total return in 2008 during the financial crisis.
Ian: That’s right, Jeff. As you said, there are a lot of people claiming to be experts. Thing is, it’s easy to be an expert in a bull market. But most of these people aren’t trained investors. They just got lucky. I’ve been trading in and out of bull and bear markets in various sectors for a long time. The gains made during the 2008 crash were a result of years of trading. After that, I actually took my money and starting investing in commodities.
Jeff: Why commodities?
Ian: I could see a huge opportunity in energy, agriculture and precious metals. And sure enough, that entire market surged higher for the next few years. In 2012, I cashed out … and, for a lack of a better word … retired.
Jeff: You weren’t even 40 at the time.
Ian: I wasn’t. But I made a lot of money, and I needed a break. What I did next is almost embarrassing to admit.
Ian: I started studying economics. I read tons of economic books. Adam Smith, John Maynard Keynes, Milton Friedman, Friedrich Hayek and more. I became obsessed with the Federal Reserve and monetary policy.
Jeff: That sounds horrible. [laughs] What led you down that road?
Ian: You know, I guess I had always felt like I never really understood what makes the economy tick. It’s like driving a car. Most of us get the basics. But we don’t fully understand how things work under the hood. I felt like I had been driving a financial car for years making a lot of money along the way. But I never really understood what made the engine tick. So, I wanted to get under the hood and see what makes the economic engine run. I knew that if I could fully understand that, I might be able to become an even better trader.
Jeff: So you just read books on economic policy all day?
Ian: Well, I did a few other things. For one, I started my own nonprofit organization … raising money to help improve the health of families in rural Pakistan.
I was also involved in several startup companies. I invested in an electric car company, an oil service business in the Marcellus Shale, a literacy initiative, along with some others. The experiences were priceless and they opened my eyes to the world beyond my trading screens.
Jeff: Incredible. So how did you end up in cryptocurrencies?
Ian: Well, I had been thinking about digital money since the end of the financial crisis, when the Fed lowered interest rates to zero.
Then in 2012, I met with a startup in Silicon Valley that was piloting an e-currency to allow central banks to print and distribute a digital form of money.
To be clear, this was not a cryptocurrency because the value was backed by whatever central bank was issuing it.
Jeff: So, did you invest?
Ian: No. I thought it was a horrible idea. [laughs] Thank goodness, because nothing ever got off the ground. However, the experience sparked my thinking about cryptocurrencies. I was originally a cryptocurrency skeptic.
Jeff: You were originally a skeptic?
Ian: Yeah. Well, I’m always a skeptic first. And cryptocurrencies had a load of flaws that had to be worked out before I could see them as legitimate investments.
Jeff: Explain what you mean.
Ian: Well, with commodities, I could look at supply and demand along with various other factors, and invest accordingly. Same with stocks. I could look at their financials and technical trends, and invest. Same with mortgages … I could see when there was substance and when there wasn’t.
But with cryptocurrencies, like most people watching, I couldn’t grasp … initially … what they were. Digital money seemed, well, fictitious.
Jeff: It’s a hard concept to swallow for most. The U.S. dollar, at least, is backed by a piece of paper, and the full faith and credit of the U.S. government.
Ian: Well, it is and it isn’t. I think most of us know that there isn’t a whole lot of physical cash out there. But I don’t know if most know how extreme it is. If you add up all the money in the world it comes out to $83 trillion. That’s bank deposits and notes. But, there is only $31 trillion in physical money.
Jeff: So … to your point … most money out there is already digital.
Ian: That’s right. For example, let’s say John Doe makes $50,000. He gets paid through electronic deposit. He then takes $10,000 of that and buys a corporate bond … the money is exchanged electronically. He gets paid interest … electronically.
Jeff: It’s kind of scary.
Ian: It can be. Especially when you consider too that nearly all financial transactions in America are done in U.S. dollars. But, our government is always manipulating those dollars. We know for a fact that inflation erodes the value of a dollar because our government is printing more money each and every day. The most recent estimates show that they print about $560 million a day.
Jeff: Of course, at this point it’s not really printing, it’s just selling more digital notes.
Ian: Exactly. The point is, if most money is already digital, why put it in dollars … which our government can print at will causing it to erode in value? Instead, why not put it in a form of money that has a limit on how much can be printed?
Jeff: And that’s what cryptocurrencies offer.
Ian: Not all of them, but most. Bitcoin for example can only print … or what they call mine … 21 million units.
Litecoin will have 84 million units.
And NEO maxes out at 100 million units.
Jeff: I think what’s troubling for people though is the idea of paying for things in crypto currency. It’s just way too volatile. I can’t, for example, pay an employee $10 in bitcoins a year … because that could be either a lot or a little.
Ian: I agree. And I wrestled with the same thing. I know a lot of cryptocurrency experts try to say that certain coins will be a medium of exchange. We will see if that happens. But I think a better way to look at cryptocurrencies is an alternative place to store your money.
You have stocks, bonds, commodities, real estate … now you have cryptocurrencies.
Jeff: The only difference is, perhaps, that cryptocurrencies are liquid and the market is open 24 hours a day seven days a week.
Ian: Correct. And now that they are super easy to access … from a smartphone, tablet or computer … you can switch the money in and out as you choose.
So … I guess the point is … with my studies in economics and skillset for seeing big opportunities, in 2013 … I could see that there was a societal and economic need for digital currencies.
Jeff: So bitcoin is one such form. But now, there are over 2,000 crypto currencies out there. So how does one decide which one to put their money in?
Ian: That’s why I’ve developed a proprietary strategy for identifying cryptos on the cusp of soaring.
Jeff: And it’s done phenomenal. Over just the last few months, using your patent-pending strategy, you were able to invest in a tiny crypto that shot up 627% in just a few months.
For those reading the transcript, I will post the chart.
It’s called Zero X [0x]. Every $1,000 invested here would have turned into $6,270.
Another one called Ark soared 2,320%, snowballing every $1,000 into $23,200.
And another one called Factom rallied 2,738%, growing every $1,000 into $27,380.
If you would have invested a mere $1,000 in each of these cryptocurrencies, you would be sitting on over $56,000.
Ian: It’s important to note that most of these have come off their high prices, and thankfully, my strategy focuses on exiting positions that have run their course. That stresses an important point … trading in and out of various coins can be extremely lucrative.
Jeff: Of course, nothing is ever certain, but rapid-fire gains like this are precisely what your strategy is designed to focus in on.
Ian: And Jeff, 2018 promises to be an amazing year for cryptocurrencies. As you know, we’ve been waiting for the perfect time to host this summit.
Jeff: It was originally planned for back in December, but you adamantly refused.
Ian: Prices were too high. I could see, thanks to my strategy, that prices would come back down. And they did … setting us up for multiple 1,000% profit opportunties.
Jeff: So, those who follow your proprietary crypto strategy will have the chance to make more money in the next year than they’ve had the chance to make in the last decade?
Ian: I believe so. We are on the cusp of a major event that will send dozens of crytocurrencies sky high.
Jeff: And nobody else has access to your patent pending strategy?
Ian: Nope, no one. This is proprietary, and only those who attend the summit will have the chance to take advantage of it. In fact, I’m targeting three potential 1,000% wins right now … which is just one more reason why now is the ideal time to share it with those who will be watching this Thursday.
Jeff: Well, I for one can’t wait to see what you have to show us.
Ian: I’m really excited about it too, Jeff. Let’s look everything over when I get into town Thursday morning.
Jeff: Sounds good, Ian. Thanks for your time, and I’ll see you then.
Ian: Sure thing, Jeff. See you next week.
I hope you enjoyed “listening” in on my conversation with Ian.
Change to: Using his patent-pending strategy, Ian was able to identify game-changing opportunities that soared 600%, 2,300%, 2,700% and more.
The best part is, Ian has designed his strategy so ANYONE can use it.
Ian has spent the past five years fine-tuning and perfecting his strategy to ensure it gives you unmatched potential for zeroing in on huge moves like these with uncanny accuracy.
He cannot wait to share his breakthrough strategy with you, and neither can I.
So make sure you mark your calendar for February 22.
The webinar will go live at 1 p.m. EST at www.cryptoprofitsummit.com.
And be sure to visit www.cryptoprofitsummit.com daily to see our pre-webinar previews and posts.
Now, tomorrow, Ian will reveal a chart that proves cryptocurrencies are on the cusp of an historic surge … and how you can start taking advantage of these crytpo moves for yourself.
Again, on February 22 at 1 p.m. he will lay out the rest of his strategy in complete detail.
Before You Go, Ian Needs Your Help
Ian wants me to make it clear that he is here to help you become a confident and knowledgeable cryptocurrency trader.
To do that, he needs your help.
Ian wants to know the No. 1 question you have regarding investing in cryptocurrencies.
While he can’t give personal investment advice, he will be answering the most common questions that are sent in over the next week.
Please email your question to: IanKing@banyanhill.com
Editorial Director, Banyan Hill Publishing