Adam Torres and Eric Majors discuss The PIPEs Conference.
Subscribe: iTunes / Spotify
Apply to be a guest on our podcast here
Show Notes:
Listen to The PIPEs Conference coverage. In this episode, Adam Torres interviews Eric Majors, Expert Trader at Passive Crypto Fund. Explore Expert Trader at Passive Crypto Fund and The PIPEs Conference.
Watch Full Interview:
About Eric Majors
Eric is an expert in international financial market analysis and algorithms, with a Bachelors of Science in Electrical Engineering from the University of Colorado. Eric was a U.S. Registered Investment Adviser and business owner who worked with the CIA. He has served as an officer and director of a number of publicly traded companies and as a principal of an international investment banking firm. He is an expert on global currencies and was the principal inventor of Trade Series Management Theory and the associated TSM financial market software systems.
Mr. Majors is the author of Financial Markets And Technical Analysis (1998, 2005), Dot Money (2014), Dot Money the Global Currency Reserve, Questions and Answers (2015) as well as Dealing with Loss for Believers and Everyone (2015). In 2018 Mr. Majors worked for Ammbr.com to build a private crypto currency exchange accessing liquidity pools for B2B business projects. Eric Majors is currently involved in the development of advanced institutional trading systems that use Artificial Intelligence to analyze the financial markets. Mr. Majors is also in charge of course content and trading for TopTraders.pro. TopTraders.pro provides courses that help ordinary people learn how to generate passive income from day to day by using simple but specific financial market trading techniques that generate above-average returns while they live their lives.
Today Eric is the Director of Systems Development for an international consulting firm where he continues developing a global center of excellence for Automated Financial Market Trading Systems as well as banking and retail software applications. In his role Eric consults on behalf of the company directly with hedge funds and institutional clients that successfully use his proprietary trading systems. Mr. Majors also is an expert and advocate for blockchain technology and crypto currency acting as an advisor for private and institutional investors that invest into blockchain and crypto currency related technology.
Full Unedited Transcript
Hey, I like to welcome you to another episode of mission matters. My name is Adam Torres. And today I am at hard rock casino in Hollywood, Florida, and I’m covering the pipes conference for the deal flow events, guys. And this has been a whole lot of fun. Right now I have with me Eric from passive crypto fund, Eric, welcome to the show.
Hey, how are you doing? All right. So let’s just first talk about this casino, man. Not too shabby. It’s nice. It’s nice. It’s beautiful. Have you been here before? I have not been to this specific casino, but I have frequented some casinos in my time. I drive by and I’m like, am I driving into a huge guitar?
Like, what is this thing? It’s beautiful. It’s nice. So, so what brings you to the event today? What brings you to the conference? Well I used to be, my background’s in engineering and I develop automated trading systems. So I’ve been a trader for about 35 years and but it also was a registered investment advisor, advisor, firm owner.
And an investment banker. So an investment banker, what, you know, people ask you what you do to me. I just say, well, I’m a deal guy. You know, I find companies that I think are worth listing on the stock exchange and then I convinced them to list. And I get a little bit equity for that. And You know, sometimes do a lot of business development with the company.
So I would really like to get back into that business. I haven’t been doing it for about, I’ve been out of that game for about 15 years. So the pipe conferences is a great opportunity for me to network with lawyers and all the people that are kind of hard to find, especially broker dealers to help you Take your company and get it listed on exchange.
You gotta get file certain paperwork. So, Mm-Hmm. So this is kind of a great time to come in and refresh. The SEC changes their rules frequently. Mm-Hmm. . And over the last, you know, since I’ve been in the game, it changed a lot. So, here at this conference, I can, I can meet people that yeah, that you know, know all the changes.
So you get things right and that, that’s what you have to do. You have to list companies. You gotta make sure that you you maintain the sanctity of the publicly traded entity. Yeah, meaning that it has to report properly. That means reporting the bad news and all the good news. And yeah, so that’s why I’m here.
I’m here to network. It’s been great. I’ve been, how has the networking been by the way? I’ve been recording podcast episodes. So they don’t let me out of the booth. It’s really phenomenal. I mean, trying to find sec auditors is like finding a needle in haystack. He’s trying to find people that do investor relations that that whole landscape has changed dramatically over the last 30 years.
So those guys are far, few and far between, but they’re here. And so you just, wow. You know, I’m, I’m really excited. And talk to me a little bit about your fund too. So passive crypto fund. Yeah. So I’ve been a trader all my life. I’ve written books on trading. Go to my website, ericmajors. com. You can tell us all about me.
But so I’ve always had a hand in just an itch to develop automated trading systems. In fact, I was one of the first people that wrote books on it back in 1996 when people were just getting their PCs. Yeah. So then, you know, it was really popular trade forex and automation and Securities, things like that.
Well, with the advent of cryptocurrency I developed trading systems for hedge funds and different institutional investors. And just basically taking our strategies and automating them and seeing if we can improve them. But we’re making more money than ever in the crypto market. And there’s a reason for that.
And we’re in a passive crypto fund. I am actually an expert trader for the fund manager of that fund, which is a company out of Abu Dhabi. It’s called Amber. Ratchet Capital. So I’m a designer for them and so they’re the actual manager of that fund and so the thing about cryptocurrency is that there’s many many opportunities for people to to make money off the blockchain in ways that they They don’t, they’re not aware of.
Yeah. So in the passive crypto fund, we focus on methods and means to use earn fees for everybody else. Everybody else is trading. We provide liquidity to, that enables people to swap coins in and out of their wallets and we get fees for that. So we’re always making money where the underlying cryptocurrency is going up or down in value.
We are. Always making a yield every day. So as a matter of fact, I was so excited about this a few years ago when I, when I realized how much money you can make doing it actually found out from another fund that was in a project for that I made a course on it’s called top traders, not pro.
And I did that because for my whole career, people have asked me, Hey, can you trade for me? Can you trade for me? I’m not, I don’t. Trade for individual people. I can do some private trading for a handful of people. But I’m not in a position to do that, especially not with the software that derives very complicated.
It’s usually dedicated to certain clients. People don’t have enough money to get into those funds. So I don’t even know where the inputs are sometimes. So making the course was an opportunity for me to say, Hey, you know, this is actually something that anybody can do and make, you know, five or 10 percent a month, literally just putting your cryptocurrency.
Yeah. The only reason people aren’t doing is they don’t know it exists now. So we, what we do in the fund is we use software automation to improve on those earnings, obviously. So we earned, you know, quite a bit more than that. Otherwise, why, why have fun? Cause you could, I could show you how to do it.
And of course, it’s only five hours. So anybody can do it. And yeah. So I’m super, been super excited about it. And how long have you been in the crypto game? Like how long? Oh, yeah. I know you’ve been a trader for 35 years, you mentioned plus, but how long in crypto? I wrote A book on crypto back in 2014.
Wow. So that’s ancient years. That’s ancient, right? Crypto space. I guess it’s like the dinosaur age. For crypto. I mean, come on. Yeah. It’s, it’s kind of ironic. I have a decade in, yeah. It’s called dot money. Okay. And I consider myself a 54 years old. And at that time, when I wrote that book, I was kind of, Yeah, I was just tired, you know, of working all the time going around the world.
So I, I felt, I don’t really want to, I gave implementations in that book. It’s a book about global monetary policy and the impact of cryptocurrency. And so it starts out with the history of money. It’s a great book. I think it’s great. You know, if you read it, you’ll, you’ll know more about economics than most of the talking heads you see on TV.
Yeah. Because I used to be an investment banker in different countries around the world. I worked for the CIA for a while and I can, I learned things that I Most people just, and I put it in the book, nothing classified in there, but most people just don’t understand what’s really happening in some of these monetary with monetary policy in different countries and how it works.
So but at any rate that whole project got money. I put it in my book, literally five different ways that we could create a monthly income for people today without the help of the government, five different ways it’s in the book. Yeah. One of them two of them have to do with cryptocurrency. So some people read that book and they made a project out of it.
This was back in 2015. And I was like, they wanted me to be involved in this project. I said, you know, I just came up with the idea. I didn’t want to do the whole implementation. I was tired. That’s why I wrote this book, you know, but they kind of wrote me in and say, well, how would you implement this? And then they made the site called money.
tv. money. cash. And then the one called global currency reserve. So it built out an entire plan on how to stabilize not just stabilize global currencies. In other words, make cryptocurrency of value to governments. Mm. And at the same time, to create value in a currency called do money, that that would not be subject to whims of devaluation.
Anyway, it’s, I go on and on about, it’s a very complex subject when you talk about inflation. You know, they talk about inflation. As though it’s a very simple thing. It’s not. There’s a psychology around inflation. There’s a, inflation is going to be with us forever. No matter, it’s not governable in that way.
And I give you a perfect example. You know, people go to buy a house and they, when they sell the house, they expect to make more money off the house than when they sold it. Well, That’s inflation, the idea they’re going to get more money and the idea that everybody accepts that you’re going to pay more over time.
Yeah. So it’s unavoidable. It’s just an idea, but you know what I mean? So if everybody sold their house for the same value, they bought it at, well, I guess we wouldn’t have inflation, but there’s a built in concept that land is valuable, right? It’s, it’s becomes a commodity and just like many other things.
Hmm. So anyway, I can go on and on about that. So what’s your, what’s your big project right now? I feel like you’re the type of guy that like, I know, I know, of course you’re going to be working with more companies, as you mentioned, and helping them go public. I know that what you’ve done in the past, but you strike me as the kind of guy that always has something going on.
What’s, what’s going on right now? What’d they drag you into? Give me the, give me the dirt that you’re like, I didn’t want to do it, but I’m doing this too. What do you got? What project you got going? Well, there’s some things that are a little political, so I don’t want to talk about those. I knew you had something for me, man.
You don’t have to say it. It’s fine. Yeah, there is somebody wants to make a movie about some things I was involved with when I worked with the CIA. Yeah. But honestly, my day to day work right now is really cumbersome. Yeah. Yeah. You know, it, it It’s one thing to say, okay, let’s trade this. It’s another thing to say, let’s develop software to make it better.
And it sounds simple, but where do you get the engineers from? It doesn’t sound simple to me. Where do you, you know, most of my day is spent now is what I love to be as a trader, not sitting there trading at my desk. I develop automated trading systems so that I don’t have to trade. Yeah. So that I can go off and play golf, but what, where do I find my software back at a desk, writing specifications for the software that we need to write every stage, you know?
Okay. So now we’re here at this point. Now we’ve got to combine AI with the software. I have I have many software systems from the past that have come back to me that I, the ownership of it, that I’ve sold to other organizations come back to me. And those are what I call human interactive software where you do need a human, but the software is trading, but you need a human to you know, sort of run the thing.
So we’re going to revisit all those systems and using AI. Yeah. So AI has become, you know, something that we tried to do back in 2005. But now with all the AI clouds, we couldn’t get done what we need to get done. And now, now we can easily do it. So just. That’s exciting. Well, it’s exciting on one hand, extraordinarily time consuming to get it to work, but you’re doing the work.
So I’m okay with it. It’s exciting. People are just like, you told me, I just asked the questions. Yeah, go do it, Eric. That’s fine. Get it done. It’s like, well, how long is a piece of string? Hey, I don’t know. You know, my car, you know, got to buy a new car today. I got to go to the doctor, you know, I just had a hip replacement.
You know, man, you’re walking around. Great. How long is Well, Eric, man, this has been a lot of fun. I really appreciate you coming on. But la last thing I’ll ask you, and I want you to look into the camera. If somebody’s watching or listening to this and they wanna connect, follow up, learn more about your projects or the, or the fun, how, how do they do that?
Well, there’s two ways. If you wanna know more about me, it’s eric majors.com. That’s easy enough. But if you wanna know about the passive crypto fund, just go to passive crypto fund.com. Click on more information and then it’ll ask you if you want more information, just fill out the little form in there.
And that’s really the only, we have to vet the clients for it’s a Reg D offering. So you have to be accredited investor. So that would be the way to do it. Go to the passivecryptofund. com, click on more information. And then fill out the simple form on there. Awesome. And for everybody watching, just so you know, we’ll put the links to that in the show notes, so you can just click on the link and head right on over.
And speaking of the audience, if this is your first time with mission matters and you haven’t done it yet, hit that subscribe or follow button. This is a daily show each and every day. We’re bringing you new content, new ideas, and hopefully new inspiration to help you along the way on your journey as well.
So again, hit that subscribe or follow button and Eric, thanks again, man. Appreciate you coming on. God bless you, man. Have a great day.