Paul Mampilly is the founder and editor of Profits Unlimited. It is a highly popular newsletter, and a lot of people read it for the amazing insights that Paul Mampilly has to offer on the topic of investing and finance. It gets thousands of new subscribers every month, and it already has over one hundred thousand subscribers, who all eagerly await the next edition of the newsletter so that they can learn about all the latest trends in the investment industry. Learn more about Paul Mampilly at Crunbchbase.
In a recent article, Paul Mampilly talked about how you can profit after the Bitcoin bust. Paul Mampilly predicted that Bitcoin will burst when it was at an all time high. He was warning people to sell their Bitcoin so that they would not lose out when the bubble burst. He was right, and it did burst. The newest article talks about how you can profit after the burst.
He said that he is modeling his strategy after what happened after the dotcom bubble. The dotcom and tech bubble burst in the late 1990s and at the turn of the century. He said that at the time, it gave way to some great opportunities, such as Amazon.
Instead of looking at one of these manias as something strange, says Paul Mampilly, you should look to see if there was something substantial underpinning the entire mania. If there was, then when the bust happens, what you should do is take the opportunity to invest in something substantial. At the turn of the century, shares in Amazon were only worth around five or six dollars. If you would have invested in Amazon at that time, you would have been very rich now. The strategy that is solid is to take a look at the cryptocurrency industry and see whether there are some good bargains that you can get after the bust happens. At the time of the video, it did not yet happen. Visit Bloomberg to know more about Paul Mampilly.
For example, says Paul Mampilly, look around for companies that are using the blockchain technology. Even if Bitcoin is not a success, blockchain is very useful and valuable. A lot of companies are going to start using it to improve their productivity and increase their profits. In the article in his private newsletter, Paul Mampilly talks exactly how this all pans out in great depth and detail, so sign up! View: https://www.dailyforexreport.com/paul-mampilly-struck-gold/