Ian’s key theory is around the Bitcoin halving cycles. Bitcoin goes through scheduled “halvings” every 4 years where the block reward for miners is cut in half. Ian believes this halving cycle drives Bitcoin’s famous boom and bust cycles. If you look at Bitcoin’s price history, it peaks in the year after each halving – 2024. The halving reduces the new supply of bitcoin coming onto the market, while demand typically remains steady. This supply shock drives the price higher,” explains Ian. He points out that demand often remains strong after hitting these peak prices, causing multi-year bear markets. However, each bear cycle finds a new higher low as Bitcoin continues to gain legitimacy and adoption.
Long-term bullish on crypto
Despite short-term corrections, Ian is massively bullish on crypto long-term. We’re still in the early stages of crypto – less than 3% of people own cryptocurrencies globally. As more businesses and individuals continue to adopt crypto, the prices will rise. Just like the internet in the 90s, it will take time for the technology and applications to develop. But once fully built out, crypto will be as big of a revolution as the internet was,” says Ian. He likens the current state of crypto to the early dot com days. There were tons of useless projects getting funded in the early internet days, and many went to zero. But the ones that survived like Google went on to change the world.
NFTs – More than JPEGs
Non-fungible tokens (NFTs) have taken the crypto world by storm in 2021. But Ian sees this as just the beginning. NFT mania so far has mostly been about selling JPEGS of apes for millions. But that is barely scratching the surface of what NFTs enable. He envisions NFTs powering decentralized models for intellectual property, patents, real estate, gaming assets, identities, certificates, and much more.
Ian’s long-term vision
Zooming out to the long view, Ian’s vision is bold yet grounded. The systems will be much more open, transparent, and widely accessible than today.” However, he expects volatility will remain high along the way. “Short-term traders will get shaken out. But long-term investors in quality projects will see generational wealth.” Ian sums it up stating, “Stay rational in your expectations, but optimistic in your outlook. Crypto’s long-term potential is still barely getting started.” Ian King’s track record shows he has his finger on the pulse of the crypto markets. While skeptical of short-term hype, he is massively optimistic about crypto’s potential long-term. Key takeaways from Ian:
- Bitcoin halving cycles drive boom and bust price patterns
- Crypto adoption still early – less than 3% globally own crypto
- Short-term correction likely after massive 2021 bull run
- DeFi and altcoins offer big potential but invest selectively
- Reasonable regulations will emerge, not outright bans
By blending pragmatism with an innovative outlook, Ian’s balanced perspective helps provide grounded context on the fast-moving crypto space. While it’s always wise to do your research, coin predictions from guru Ian King unique insights help provide a profitable edge for crypto investors.