The chief executive officer of Southridge Capital recently provided a series of noteworthy tips on how a financial entrepreneur can succeed in the industry. He noted that the world today follows a lot of trends, and it is essential that a financial entrepreneur is updated in everything. He established the Southridge Capital in 1996 after he was inspired with how the hedge fund firm he used to work for is earning a considerable amount of money. Stephen Hicks stated that the world had changed a lot since then, and the techniques he used before might no longer work in the present – and it is the reason why someone in the financial industry needs to be updated with the trends coming from all direction.
According to Newswire, Stephen Hicks revealed that cryptocurrency is one of the trends that intrigued him most. He was shocked learning how the cryptocurrency industry quickly became a huge business, with the value of each bitcoin quickly surpassing that of gold. He used his time and energy to research about cryptocurrencies, and right after learning so many things about this investment option, he decided to introduce it to his clients who have been working with Southridge Capital for years. He discovered a new investment option that attracted a lot of people, and right after trading the cryptocurrency that they held for months, the company’s profit increased, and their clients’ assets also changed, gaining more wealth in the process.
Today, the value of cryptocurrency went down, but Stephen Hicks is still thankful knowing that he was able to invest in it and it helped Southridge Capital earn additional profits. Many experts have already warned about the volatility of cryptocurrencies, but still, some people are determined to learn more about the investment option and try out new things. Despite the popularity of cryptocurrency in the early parts of 2017, people’s view about the technology changed, and a lot have already pulled out their investments knowing that they would no longer earn a huge amount of profit. Southridge Capital’s founder claimed that more similar technology could be introduced in the future, changing society’s understanding amount money and finances.