Ian balina was an outstanding cryptocurrency guru and millionaire in less than one year. In contrast to the majority of young bitcoin millionaires he has been investing in crypto currencies is relatively late. Until 2017 Balin continued every day to go to work at IBM and was given to cryptocurrencies only part of free time. In the same 2017 on investment in ICO he earned more than four million dollars. How did he do it?

Have Baliny have a lot of experience in data analysis, which he applied to ICO-investing, creating a set of so-called “cryptometrics indicators”. He willingly shares their experience and tips with everyone by publishing online articles and instructional videos. In addition, he travels the world with a private tour of the cryptocurrency. Balin firmly believes that even in the face of a bear market in the cryptocurrency can earn good money.

“ICO is a new cryptocurrency that tend to underestimate,” he says.

Balin is the General partner in the consulting blockchain company 100X Advisors and recently became a member of team #MetaHash as a consultant.

Surprise him if the the success he has achieved?

“No, shrugs Balin. — From the beginning I set myself a goal”.

However, the fame he brought not only articles and videos, lots of subscribers on social networks and earn cryptocurrency, but also the fact that he was the victim of sensational hacker attacks, which was deprived of air for 2 million dollars. In this moment he live led training course. So what important lessons he learned from this story (besides the fact that your private keys should be stored safely)?

Be careful posting anything in the open access

Cryptocurrency hackers use the most advanced techniques in order to get your keys, and often resort to social engineering. Account Baliny hacked because the backup address for his main email was an old account, which he never used. Hackers found him and quickly reset the password to the main account.

After that, everything was very easy, as he kept his private keys on Evernote. The hackers just changed the password, and the rest was a matter of technique. Balin recognizes that the key role in this burglary was the fact that he neglected safety measures and laid out too much information in open access.

Now he learned his lesson and says that “it is necessary to use caution when opening any information to share, and always keep your keys in maximum security.”

Create something valuable for others

You can make money not only on the investment. And to become a respected person in this field, it is not enough just to play well on courses cryptocurrency. Balin believes that respect must be earned:

“People respect me for what I’ve done for them. You need to create something valuable for others… Work on becoming a recognizable face in the market, help others, create unique content, share your success”.

So, if you want to become an investor in ICO, consultant or guru of cryptocurrency, do not try to monetize your content. Much better to create something really valuable. In fact, Balin finds that his free content “much better than the paid content of other experts” and regularly thanks his “crypto family” for support.

Ask the right questions

“The first thing you should ask yourself: “How good is this technology?” Look at prototype, a core network, at all that shows how the project team is working on its technology”.

According to cryptometrics indicators Balini, all the best ICO can show investors some tangible results of their labor.

In addition to the technology we need to learn about team ICO. This is another factor that plays a decisive role in the success.

“The next thing I notice is whether the project team is what I call, “the stars,” says Balin. — People who have worked with companies from Fortune 500 people with a wealth of experience in the blockchain projects. If they give a reliability project? The same applies to consultants. These are the two main factors which, as practice shows, determine the success of the ICO”.

Avoid Dapps projects

“According to statistics, Dapps has not achieved great success, so if you think about payback, don’t invest in decentralized applications. They are not profitable, their time has not come yet. Although this market is still raw compared to the other, even it there are projects that operate for several years: NEO, Stratis or Ethereum. So pay attention to proven technologies and ready-made options of their application in the real world, which already proved to be successful”.

These rules helped Balyn to achieve considerable heights in kryptomere. Follow them, stay one step ahead of the hackers, and find your way to success.

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