Palm Beach Research Group : where the whales meet and shake the crypto market.
Hey guys,
Today I want to talk about this "famous/unfamous" group of people called Palm Beach Research Group.
It is an independent financial publishing company based in Florida.
They publish various advisories regarding stock, options, income and also cryptocurrency.
It was founded by Mark Ford (entrepreneur and real estate investor) and Tom Dyson (finance).
One of the co-editor is named Teeka Tiwari. He is the one making noise in the cryptocurrency world nowadays.
He is a successful Risk manager and his words are followed by thousands of people.
To reach the Palm Beach Research Group, you need to subscribe for a year membership for the small fee of .. 3000$ !!!
The membership gives you access to all advices and report from Teeka regarding stock and crypto.
According to their people, he has predicted many crypto-currencies (26 according to its website) with an average of 1000% returns.
He predicted Ethereum to reach 360$ (back in April 2016) and also NEO to skyrocket (when it was only pennies).
Fair enough, the guy is not a magician but he found potential coins and got lucky I guess.
In his monthly report, he is picking on ICO/Coin with a great potential for the future. This where it starts to be interesting.
Everytime he mentioned a coin as potential growth, all the people who follow him in the group (majority of whales as they can afford 3000$ membership) are buying deep into the coin which creates most of the time a pump.
The report can leak sometime : not long time ago, the report regarding Rise leaked. Of course it leaked way after it has been published on their group so all the whales had the time to buy cheap already. Followed a 50% increase of the Rise Tokens during the day.
Who says Pump, says Dump.
When the Whales got their profits and all the newbies wanted to buy because they saw a 50% increase, they decided to sell massively. And so followed the dump of the coin.
Well the recent report was about Ripple and ZenCash.
Both coins pump today.
I don't really like this group (frustrated maybe to not be part of it and to not have the money to spend to follow someone else's advices lol).
It is all extremely speculative but if you catch the train pretty early, you can create a nice profit.
Anyway, for plankton like me (and maybe you), we can still subscribe to the daily newsletter on their website : http://palmbeachgroup.com
I don't know yet what I will get.
One group that I'm following on Facebook where people are pretty cool is : Crypto Coin Trader.
There are weird people but also very good who gives great advices and talk about potential coins.
And it's free.
For me, nothing better than self-taught. Spending hours on internet researching yourself about projects, potentiality, trading techniques etc etc
The knowledge in the crypto world is huge.
Hope one day, our kids will have lessons at school on crypto currency haha. Will be awesome
Happy life
img credz: pixabay.com
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I checked Ripple right after I finished watching the scam video and sure enough it had spiked! LOL
I guess theres a sucker born every minute.
So did you pay the membership at the end ?
For me the group, it's like Bitconnect you know .. We know it's all funded on bullshit but it influences well the market
OH HELL NO! I'm not paying $2500 for free info!
Haha fair enough me too !
Coin of the day : Ripple
What a joke lol
Nice post I follow you plz comment and upvote me
I watched this today. I should see through this stuff by now. But I get caught up in the hype. I didn't buy ripple, but I wanted too: until they asked for almost 3k. Then I turned it off
Yeah the greatest joke of the century this membership !
It's very tempting when you see the pike but it's often too late
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"Our kids will have lessons at school on crypto currency" - indeed 😂
Cause, this is the future which is now building up. 😁
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