The Australia Equities First Holdings Office Openings

The Australian Equities First Holdings offices have been opened because there are people who always wanted loans from this company. They have made a website for the Australian customers, and they have shown the customers that they can now get personal service in each office.Australia is a massive market for Equities First, and it is a place where they have many major cities they must cover. They have offices that are filled with professional underwriters, and these people lay out the amazing loan packages they can offer. The loans are cheaper, and they are easier to manage.

The company provides a stock-based loan that allows for a small amount of collateral. They fund the loans after getting a stock certificate for collateral, and they send the money out to people so that they can use it instantly. The Equities First crew works hard to move fast to help Australian customers, and they do so from their major city offices.Someone who lives in Australia and needs a more accessible loan should call or email the company. They get all the information that is needed, and the loans offer the amount of cash that is needed for personal or business needs.

Paul Mampilly’s pessimistic perception of bitcoins and other cryptocurrencies

As the world around him continues to go into an excited cryptocurrency frenzy, Paul Mampilly maintains his stand that this popular bubble is going to burst. Even though he cannot really point out a specific date and say that this is when the impending crash will occur, Paul is certain that it will take place sooner or later. Read this article at Forexvestor.com.

Why Paul Mampilly remains optimistic about the world of crypto

The former hedge fund titan is certain that the imminent crypto crash will take place because cryptocurrencies such as bitcoin are following the same trend that the 1999 impressive market rally stocks displayed before taking a nosedive. Paul Cites that in 1999, the market stocks were doing incredibly well to the point that his close friend by the name Tess had invested in technology shares worth more than 1000 percent. She was cashing in big and even Paul Mampilly himself acknowledged that. However, no one knew what lied ahead and that is when the catastrophic crash took place causing big names like Qualcomm Inc. which owned shares if up to 2619 percent incurred major losses.

As you can see, just like crypto, these stocks represented even giant firms listed on Nasdaq Composite. These firms had also benefitted from them before the crash too because the stocks rose to tremendous heights as sufficient proof that they were in demand. Thanks to this, investors from all walks of life continued joining in hoping to bag mega-profits only to lose it all. Fortunately for him, his lucky stars were shimmering brightly because he happened to have sold all his shares before 1999. He had no idea that the crash would take place and when it did he tried to persuade his friend Tess to sell her shares but she kept them with hopes that they would gain demand and be popular again. Unfortunately for her, things went from bad to worse and lost them all. Follow Paul on Medium.

According to Mampilly, this is the same trend that cryptocurrencies are following with myriads of investors rushing in to invest because their peers are earning big. Just like the 1999 technology stocks, everyone who invested in Bitcoins went home a delighted person because they got massive profits. In fact, the value of bitcoins continue to skyrocket with each dawn and is now valued at $19000 dollars a factor that continues to lure more and more investors to join in.

Also, the crypto market continues to receive new entrants with each dawn such as the esteemed Ethereum and other litecoins. This is the exact trend which the 1999 stocks took before plummeting and as such Paul Mampilly advises investors against venturing into these green like pastures as they’ll dry up sooner or later leaving them with colossal holes in their bank accounts.

Criticism

Nevertheless, his firm and cynical stand on the cryptocurrency bubble has not been received very well. Paul Mampilly reveals that he has received countless emails from crypto investors stating that he is only bitter because he did not purchase bitcoin when he had the opportunity to do so. However, he says that is an absolute lie because like all veteran investors, he takes his time to do a thorough background check before he can invest in any opportunity. He looks at the value and considers various aspects and because the value of crypto can only be determined by the public, it is incredibly difficult to place a value on it and hence that is the first red flag which stops him from investing. However as no one can really tell what the future of the crypto world looks like, so let the mystery unfold.

View: https://dailyreckoning.com/author/pmampilly/