Iliam Angelov is a professional crypto trader in his mid-30s and the founder of Billium, a digital asset platform. Not long ago, he sat down in an interview and expressed his thoughts about how far the crypto space will go in the future and where he thinks trading will land given the bearish conditions of the industry.
Iliam Angelov Talks Crypto
He first commented with:
After building an empire that has positively affected the Middle Eastern market and spanning decades, I felt it was the right time to build something at the center stage, for the global market, of course. I spent months looking for and researching many industries for potential opportunities. Moved by the crypto gloom and boom, I turned my attention to this emerging and growing ecosystem. For someone with an economics background, I saw the need to make cryptocurrency more inclusive through crypto trading. The existing trading platforms’ hallmarks are more traders, with little attention paid to copy trading. Many cryptocurrency trading platforms have a lot of retail users and hungry investors, but not simple mechanisms for amateur traders to copy the trading strategies of successful traders. Not a lot of time to educate them. It felt like a challenge waiting to be solved. Then, I stepped in with Billium. It’s crazy, you know. I’m surprised at the speed and scale of Billium. Do you know how Netflix brought TV shows and movies to the commoner on the street? My goal is to get the benefits of blockchain and cryptocurrency to everyone.
Prior to getting involved in crypto, he spent much of his time involved in the stock market. He talked about those times and mentioned:
There are similarities between trading cryptos and stocks, but there are differences too. Huge differences. For instance, both industries have proven that investing in digital or traditional assets isn’t just for the rich. We had individuals aged 17-19 in our stock trading school, others above 70 years. Stocks and cryptos create an investment opportunity for a wide range of people, regardless of who they are or where they are, but one thing is exceptional about crypto, and that is security and transparency. Although volatile, it’s a market that never sleeps. My conviction is that it will upend the conventional financial system. It is easy to buy stocks or trade crypto on your mobile phone, but we are introducing new dimensions to the crypto market.
Crypto Could Beat Stocks
He concluded his discussion with the following:
The use case is a big difference, too. Some digital assets are tied to a specific function within a blockchain ecosystem. Blockchain also brings security and transparency. These are significant factors driving experimentation in this industry. I believe there will be many iterations and use cases.
