A Brave New Crypto Trade

Featuring Ian King

Ian King, of Investopedia Academy, is bullish on the new crypto token 0x. Ian makes the case for owning ZRX, and unpacks the key concepts of trading assets on decentralized cryptocurrency exchanges. In this interview with Ash Bennington, he also lays out his preferred levels. Filmed on July 9, 2018.

Published on
12 July, 2018
Topic
Crypto-currencies, Trading, Micro
Duration
12 minutes
Asset class
Crypto-currencies
Rating
5

Comments

  • CH

    Connor H.

    15 7 2018 21:30

    1       0

    zrx is up 43% from the day this was published. I have noticed this with other trade ideas. Perhaps faster from the cutting room to the dashboard...

  • RK

    Roger K.

    14 7 2018 08:15

    3       0

    Thanks for the content RV!
    Could you please get some bitcoin industry experts to discuss about the recent CBOE's Bitcoin ETF filling and the likely hood of getting the ETF approval at this time.

  • TH

    Timo H.

    14 7 2018 07:34

    1       0

    For any Ethereum-based asset, make sure you understand, how the performance limitation of the network affects the real value potential of the asset. 50 transactions per second for the whole ethereum network is a serious limitation.

    • TH

      Timo H.

      14 7 2018 09:03

      0       0

      Another thing to keep in mind is to question, if a cryptocurrency is needed for the service at the first place. For decentralized digital asset trading networks, it very probably isn't.

  • DH

    Daniel H.

    13 7 2018 23:07

    1       0

    Coinbase just made a statement exploring the option of putting ZRX on their platform. Hopefully soon you can buy ZRX direct with fiat.

  • RK

    Robert K.

    13 7 2018 22:53

    4       0

    Pushing it and not owning it smells a lot. Talking about crypto in a suit is still funny to me.
    Surely better odds than doing lottery I guess so won't rant here.

  • EM

    Elean M.

    13 7 2018 15:33

    5       0

    Likes it, but not enough to own it. Enough said. In all seriousness, I really appreciate the diversity of content on here.

  • PT

    Patrick T.

    13 7 2018 05:47

    5       0

    When he stated he doesn't own it but advises others to own it...that caused me to pause. And no, I don't want my refrigerator ordering milk. I do enjoy the content and diversity of RV.

  • MT

    Mike T.

    13 7 2018 05:40

    3       0

    just like many other folks, it's always interesting to learn and try to stay up todate with developments and I shall now put ZRX into my Google alerts. However I would never invest or trade a single $0.01 in any instrument/company that does not have a highly liquid market. I know it's off topic somewhat for this particular video, but does anyone else notice the tiny numbers of contracts traded per day in /BTC and /XBT? At least through the lens of liqudity nobody is interested in Bitcoin at the moment. Until there's a real market I for one will sit on the sidelines and wait, but actively monitor.

  • VV

    Vanessa V.

    13 7 2018 05:07

    0       0

    At 09m10 Ian mentions a company that was working with Central Banks in 2010 to find a way for them to print a digitized form of currency. Apparently they piloted their program with 16 Central Banks. Does anyone know which company he is referring to?

    • RK

      Robert K.

      13 7 2018 23:02

      1       0

      ... probably disappeared as 90% of ICOs in a year.

  • KJ

    Kulbir J.

    13 7 2018 04:28

    0       0

    How do I buy ZRX? I have an account with Kraken and ZRX is not available there.

    • NJ

      Namit J.

      13 7 2018 16:14

      1       0

      Kulbir, following exchanges / markets provide access to ZRX token https://coinmarketcap.com/currencies/0x/#markets. Binance is easy to set up and use. Good luck!

  • JH

    James H.

    13 7 2018 01:01

    5       0

    I love the wide range of trade ideas here on Realvision. I dont always agree with them however information is the value and in turn will help in decision making. I don't like when people that have trade ideas with no skin in the game, if Ian truly liked the idea why not have a position. Money managers always tend to advise people when to put their money but do the opposite with their own money.

  • VC

    Vince C.

    13 7 2018 00:58

    3       1

    I'm not so interested in the trade idea. More so the (increasing) signal this video is providing: money is indeed coming to the cryptocurrency space. But let's not forget Bitcoin is the real grand daddy and reserve currency of the cryptocurrency space.

  • SS

    Steven S.

    13 7 2018 00:42

    7       0

    RV is indeed a wonderful resource. I would like to make a suggestion: I'm not in finance or economics, but I do have a bit of a formal scientific background in predictive models. There are standard ways of evaluating predictions (e.g., accuracy, timing, robustness, ...). For those less inclined to interpret quantitative metrics, qualitative assessments can also have some value. In any case, I think it would be nice to see formal retrospective analyses of trade ideas, macro predictions, technical folks, etc. over time. This holds the prognosticators to a higher level of rigor and benefits the viewers. I would be laughed out of my field if I made predictions which were never subsequently validated. A similar bar should be set for RV contributors. This is done with some recurring contributors and I applaud that, but call on Grant and Raoul to broaden the scope of prediction assessment (3 months, 6 months, 12 months, 24 months). Otherwise, skepticism should prevail and the value of the predictions is muted.

    A loyal, strong supporter of RV,
    Steve

  • DH

    Daniel H.

    12 7 2018 21:36

    4       2

    Yes! Yes! Yes! RV delivers again. The are multiple instances of RV crypto trade videos being published where if you bought you could be up over 100x. BTC, ETH, XLM etc. Keep an open mind and look for returns in all asset classes. Crypto has some fantastic projects that are creating real value. ZRX definitely one of them and it’s still very early in my opinion. My only request would be more trade ideas regarding crypto to better balance out the asset classes for trade recommendations. Besides that great job!

  • PG

    Petter G.

    12 7 2018 21:07

    3       0

    We're all here to find content that is not available anywhere else on the internet. Trade recommendations on crypto tokens is everywhere on Twitter and is definately *not* the area of the crypto markets that RV should focus on.

    The hard part about the crypto markets is not to find good trades, but to find good projects that might actually create long term value. If RVTV should do any crypto coverage at all it should be deep dives into the economic incentive structures of these projects. By doing this the viewers would begin to understand why/why not thousands of node operators/miners around the world would spend electricity/storage/effort to keep these networks safe and thus why holding the tokens would be a good idea.

    It is my belief that many crypto projects/blockchains will be implemented and used over the coming years but 99% of them will be in private settings and be similar to an upgrade of a company's IT infrastructure. The use cases of public blockchains are still extremely limited but finding the valid and legitimate ones could be hugely profitable in the coming years. In my opinion this is what RV should focus on.

    • DH

      Daniel H.

      12 7 2018 21:19

      0       0

      On a crypto exchange. For example bittrex, hitbtc

  • CD

    Charles D.

    12 7 2018 20:09

    0       0

    Where do you do these trades?

    • SM

      Shannon M.

      13 7 2018 23:59

      0       0

      Binance has the largest volume but here is a link for you.

      https://coinmarketcap.com/currencies/0x/#markets

  • SS

    Sam S.

    12 7 2018 19:23

    3       1

    Guys, guys, I need more cowbell. Fairy Dust & the Block Chain. Puff - Keyser Soze

  • KK

    Kevin K.

    12 7 2018 18:58

    5       0

    Love that crypto assets are being covered now. Ahead of the game compared to other research outfits.

    Couple comments regarding 0x specifically. Yes, it is better thought of as the foundation layer for decentralized exchange (DEX) protocols, especially when compared to other DEX tokens it is often grouped with like Airswap (AST), But not all protocols mentioned are dependent on the 0x protocol to operate. Augur, for example, cites off-chain trading using the 0x protocol as part of its long-term vision, but Augur at its core does not need the ZRX token to function. The two certainly have synergies and growth in the adoption of Augur's predictive platform should lead to increased demand for the 0x protocol, but the distinction between them should be noted.

    • RK

      Roger K.

      13 7 2018 18:04

      0       0

      Will the 0x be able to handle the transaction speed as 0x is built on Etherium which is very slow? However There would be a value as the front runner of the decentralized exchanges.

  • DW

    Dean W.

    12 7 2018 18:22

    4       0

    I don't have an issue with the content, but as others have mentioned, how can one make such a bullish case for a product and advise clients to purchase yet not participate oneself?

  • RA

    Robert A.

    12 7 2018 18:14

    3       0

    I really like the interviewer—crisp and organized with no wasted time whatsoever. As for the subject matter....I really liked the interviewer (and the guest).

  • SH

    Steve H.

    12 7 2018 17:37

    3       4

    A world of pure fantasy.

    Perhaps Raoul and company should rename RV something along the lines of 'RealVision Financial Media Blockchain', IPO it, then go buy a Cayman island rather than just living on one.

  • MN

    Maverick N.

    12 7 2018 17:13

    3       0

    No #SkinInTheGame

  • BF

    Brendan F.

    12 7 2018 17:05

    5       3

    More Crypto!

  • SS

    Scuba S.

    12 7 2018 16:52

    12       1

    I get that this is just a trade idea, but I never thought I'd see a shitcoin pump on RV.

    • SP

      Scott P.

      13 7 2018 02:14

      0       1

      Yeah, this is dissapointing, makes me wonder about the quality of the non crypto trade ideas.

  • TJ

    Terry J.

    12 7 2018 16:48

    1       2

    I echo Namit's request. After all the institutions are now taking crypto seriously and there is even an index being created so I'd welcome further insights and trading ideas.

  • NJ

    Namit J.

    12 7 2018 13:36

    3       7

    More on ICOs please.

    • SP

      Scott P.

      13 7 2018 02:16

      1       0

      Edit: More on scams please

  • JQ

    Joseph Q.

    12 7 2018 11:29

    6       8

    0x is worthless. Look at what Paradex did they bypassed buying there token. That is why there were bought by coinbase. Also Augur does not need Ox tokens to run its protocol. His premise is false.

  • RC

    Roland C.

    12 7 2018 10:36

    14       3

    First crypto trading idea! Great! Would love to see more. Thank you.