Words With Grace Praise All

20Mar/18Off

Will Shervin Pishevar’s Theories Prove Correct Once Again?

Social media is now one of the most widely used and effective ways of communicating with a mass audience, and billionaire co-founder of Virgin Hyperloop One and An investing firm, Shervin Pishevar, has often utilized the platform to convey his beliefs regarding a rapidly evolving market. Over the years, he has become one of the more respected investors in the world due to his uncanny ability to identify and link with companies that have exceeded expectations, including Dollar Shave Club, Uber, Tumblr, Klout, Rap Genius, and Warby Parker.

In his recent return to social media, Shervin Pishevar used Twitter to break down a number of economic circumstances that are altering the climate of the United States.

According to Shervin Pishevar, Bitcoin, which has been one of the most prominent investment opportunities to emerge in recent years, may continue its downward slope for a period of time. Recently, after climbing to a price of nearly 20k, the cryptocurrency nosedived to below 8k, but in Mr. Pishevar’s estimation, this will only be temporary, and throughout the course of the next 24 months, it should stabilize and return to its ascending nature.

Based on the gains of 2017, the stock market seemed to be functioning very well, with a number of notable people publicly backing it, including President Donald Trump, but Shervin Pishevar sent shockwaves through the investment community when he discussed his belief that it would soon suffer a 6000 point loss. A day after the word of Shervin Pishevar’s predictions was released, the Dow Jones suffered its most significant losses of this decade, taking a 500 point dip in 30 minutes, with the final tally totaling in at more than 1000. Immediately, markets began to panic due to the sell-offs, and the S&P looked less-secure than in recent memory. Unlike Bitcoin, if his predictions are correct, the US stock market is not due to recoup these losses anytime soon, and things will continue to worsen as time goes by.

https://www.huffingtonpost.com/author/shervin-pishevar