Ian King is one of the top cryptocurrency advisers in the industry. As a skilled trader and an entrepreneur, he makes accurate but bold predictions for the market. He has more than two decades of experience. Ian King shares his insightful advice with his followers. He contributes weekly to Banyan Hill’s Sovereign Investor Daily newsletter, where he also oversees research and publication for the Crypto Profit Trader newsletter. He joined the Banyan Hill editorial team in 2017. The company is pleased to have him as a contributor because of his passion for cryptocurrencies and because of his impressive background, which includes being a top contributor for Investopedia. Ian King’s valuable advice has been featured on Zero Hedge, Fox Business News, Seeking Alpha and other sources.
Ian King’s career life started at Salomon Brothers. While he was there, he worked as a desk clerk in the mortgage bond trading department. He eventually moved to Citigroup and worked in the credit derivatives department. Ian King spent the next 10 years after his time at Citigroup as a hedge fund manager for Peahi Capital in New York. When he was about 40, he retired from the business and decided to learn about digital currency investments. Ian King became passionate about cryptocurrencies and wanted to help others learn more about them. Today, he enjoys researching the cryptocurrency market and studying trends. He recently developed an innovative program to help average people invest in cryptocurrencies like professionals.
- How do you make money?
- How long did it take for you to become profitable?
- When you were starting out, was there ever a time you doubted it would work? If so, how did you handle that?
- What is one marketing strategy other than referrals that you’re using that works well to generate new business?
- What is the toughest decision you’ve had to make in the last few months?
- What do you think it is that makes you successful?
- What has been your most satisfying moment in business?
- What does the future hold for your business? What are you most excited about?
- What business books have inspired you?
- What is a recent purchase you have made that’s helped with your business?
- What habit makes you more productive?
How did you get started in this business? What inspired you to start this business?
In the past, I made a lot of money investing in precious metals, energy and agriculture. When I was about 40, I started reading about economics. I spent a lot of timing studying and trying to understand economics when I developed an interest in currency and trading. When interest rates dropped during the 2008 financial crisis, I turned my interests to digital money. Back in 2012 I met with a Silicon Valley startup that was developing a digital currency for central banks. That digital currency was a bit different – since it was backed by different financial institutions, it was not actually a cryptocurrency. After that meeting, my interests immediately shifted to cryptocurrency and cryptocurrency trading.
As the internet continues to make our personal and business lives more efficient, the need for stronger security is now more important than ever. That’s when I saw the potential for digital currency and that’s the main reason why I begin studying the cryptocurrency market.
How do you make money?
I have always considered myself an active investor. As an contributing editor for Banyan Hill Publishing I currently research, write, and oversee two newsletters – The Sovereign Investor Daily newsletter and the Crypto Profit Trader. Funding continues to come in from our satisfied subscribers which allows me to continue to research and discover new market trends.
How long did it take for you to become profitable?
The Crypto Profit Trader newsletter immediately took off. The publication especially grew in popularity during the crypto boom we experienced last year. Once I studied and fully understood cryptocurrencies I started to recognize and anticipate trends – that’s when I started to become profitable as a digital currency investor.
When you were starting out, was there ever a time you doubted it would work? If so, how did you handle that?
I have always been confident about my endeavors when it comes to investing. However, learning about digital currencies was something that I did on my own. Since I lacked extensive knowledge of economics when I started studying the subject, I felt a degree of uncertainty at the time. However, I was determined to learn more, and I knew that I would find my answers to success after I gained that knowledge.
What is one marketing strategy other than referrals that you’re using that works well to generate new business?
Having a presence on social media is extremely important. Social Media gives you a platform to reach and grow your customer base. These platforms have built in marketing capabilities now so if you run your own online business or service, social media is a must.
What is the toughest decision you’ve had to make in the last few months?
The last major decision I had to make was when to host the Crypto Profit Summit. It was originally scheduled for December of last year, but I fought this decision. With the crypto boom in full force, I knew that bigger opportunities awaited for my followers in 2018.
What do you think it is that makes you successful?
I put a lot of time studying and researching cryptocurrency trends and trying to understand the full picture of the economy – including technology advances, mergers and acquisitions, and policy changes. Research and strategies have always been two important keys to my success. I even have a pending patent for cryptocurrency investments.
What has been your most satisfying moment in business?
As a digital currency investment adviser, the most satisfying moment for me was when I finally understood how the economy worked on all levels. That gave me a better understanding of digital currencies and illuminated investment opportunities for me.
What does the future hold for your business? What are you most excited about?
My hope for the future is that all my readers find success and financial security. I became a financial adviser and a newsletter author after I made many profitable investments and I hope my work can help others do the same.
What business books have inspired you?
The last book to inspire me was “Sapiens: A Brief History of Humankind” by Yuval Harari. The book covers human history and how humans evolved to be on top of the food chain; it highlights our brain’s ability to believe in things that only our imaginations can create. This is important in business because you have to think ahead and be creative to be successful.
What is a recent purchase you have made that’s helped with your business?
I recently bought an Amazon Kindle. Over the years, reading helped me develop an edge. Today, I think that edge is part of what makes me successful. When I read more, I learn more regardless of the subject.
What habit makes you more productive?
I make a list of all my tasks for the day each morning. As the day progresses, I check them off. This is important for me since I am not a process-driven person. If I get a new idea, it is easy for me to get distracted. However, I keep my list in mind to make me stay on track. Also, I like to listen to classical music with noise-cancelling headphones. Blocking out extra sound helps me tune in and focus on my ideas and task at hand.