Michael Saylor Quanti Bitcoin 2023

Not actually having the total of capital…Michael Saylor Quanti Bitcoin… so with anything that you’re learning about please do study the platform don’t just assume since i utilize it that you can use it right now do some due diligence have a little experiment with it even invest with virtual money they give that choice as well so you really get used to the structure of the website and after that when you’re ready to utilize your own money to invest you can do so now i will disclaim naturally your capital is at danger this is investing we’re doing you’re buying genuine business if you select to in this specific video we’re talking about how to copy other people’s investments with your money so clearly your capital is at threat and we have to bear that in mind do not just do something since that individual has said they’ve made earnings 14 months in a row buy these choices due to the fact that you think is the best ones for you and that being said let’s dive straight in [Music] so the things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it’s part of social trading which is one aspect that is most likely.

well-known for it’s the choice to see what other traders are doing unbelievable we do not usually get that insight from a lot of platforms and the other advantage is these copy portfolios are copy trading therefore that implies with our money we can in fact state i want to do precisely what that trader is doing or match that specific portfolio of options and basically each time they make a trade they purchase they offer whatever they do your money will be mimicked with it so that suggests if for example 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your cash in so we’re going to also cover is the charges involved really important you comprehend what are the costs of this now with any platform there will be some cost to certainly these are genuine business that are investing they’re doing the purchasing the selling for you there’s going to be charges involved and even some of the absolutely no fee websites then might not charge you for really buying and selling etfs or funds individual products individual stocks.

there’ll be costs on other parts possibly it’s our fx rate when you’re altering from uk to u.s dollars there’s all kinds of charges associated so do your due diligence and i’m going to show you the charges with in particular in this video the next would be things to understand prior to you really begin purchasing copy trading or copy portfolios and lastly some best advice best practices if you are thinking about this as a tool whether you start your journey or your more advanced financier so let’s kick off with costs truly important to understand these now on there’s a couple of charges there isn’t fees to do with in fact buying and selling fine so commission costs are free however there are a number of other fees the first one is withdrawal costs so you can clearly put cash in now if you’re in the uk we put our uk money.

and it’s automatically converted into us dollars and i’ll cover a little point about that later however when you wish to withdraw your money so you sell your shares you sell your commodities whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me naturally knowing that i’m going to make sure that i’m just withdrawing when i definitely require to now you might say okay that’s rather expensive and i get that however it’s all to do with how they run their platform they have to charge fees someplace and withdrawal costs are just among those choices that they have a great deal of platforms undoubtedly are totally free to do such things has this 5 dollar charge so in my eyes make your withdrawals mainly it can be perhaps even once a year once every six months you know depends completely how you’re investing but that is a fee to bear in mind the second fee that i’ve touched upon is that conversion cost now with you’re handling us dollars just there’s not a choice to purchase in euros or uk which’s great that fits me.

a lot of my stocks are us dollar stocks anyway or the etfs that i’m purchasing or even some crypto so i’m great with that we have what’s called the fx currency conversion charge now when you utilize anyone so if you’re using trading two and two open market anyone at all this is standard they have actually i suppose stuck to whatever cost they charge for that conversion rate you sort of have to accept you know if you wish to use their platform go from uk to us then that conversion fee exists what are they really offering you in regards to your uk pounds to us dollars and all platforms are the same you can’t haggle with them you can’t go to the bank and say provide me us dollars rather you need to pay their costs now the great aspect of though when you have actually converted your money you do not need to invest it immediately that dollar worth can being in your portfolio as money dollars for as long as you like so that indicates the initial day that you buy or convert your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any extra fees so that’s really good using that part of their site will not certainly restrict you in any way however we need to be aware of 2 other costs the first being what’s called spread fees alright and i’m going to reveal you what i mean on now a spread cost as i’m going to show you Michael Saylor Quanti Bitcoin.

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