Paul Mampilly Says Bitcoin Has Begun To Tumble Down

In economics one of the most dangerous things that can cause huge financial losses is a bubble. Usually when you think about bubbles you think about debt and the effect of what happens when you have too much, but Paul Mampilly says it’s also what happens when demand for something goes too high, and in this case he’s speaking of Bitcoin. Bitcoin is digital currency that has gotten popular and it has a lot of advantages over regular currency that investors have tapped into, but Mampilly says it’s heading down in the markets because its price got higher than it should have. The prices got too high for internet-based companies in 2000 when the dot-com crash happened, and also in 2008 when the housing market got artificially inflated. Meet the experts on Sovereignsociety.com.

Paul Mampilly was one of the few investors who saw both the 2000 and 2008 crashes, and he’s had a longtime reputation for deep financial knowledge and giving investors quality advice. He came to the US to complete his undergraduate schooling, and then he spent the next 10 years in banking and consulting. As a bank advisor, Mampilly managed funds in the millions of dollars, but then he became a managing director for Kinetics International Fund in 2006 and managed funds in the billions. The company even grew its total AUM from $6 billion to $25 billion during that time and even reported client portfolios making up to 26% in annual gains. Read this article at Forexvestor.com.

Paul Mampilly was often a guest on media outlets like the Wall Street Journal, Fox Business Network and CNBC, and he also won first place in the Templeton Foundation investment competition. Mampilly said he learned a lot from his time on Wall Street, but he was ready to leave by age 42 because he wanted more time with his children, and he wanted to give advice to middle class Americans that would not involve all the fees that brokers charge. So he moved his family to a smaller town and started writing newsletters and articles about buying stocks at Banyan Hill.

Paul Mampilly’s newsletters take complex terms and break them down in ways that are easy to understand, and they’re affordable compared to most insider journals. His first newsletter, “Profits Unlimited” picked up over 60,000 subscribers almost right away, and his next newsletters “Extreme Fortunes” and “True Momentum” followed shortly after. You can read these newsletters and Mampilly’s other articles by going to www.BanyanHill.com.

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