Vitalik Buterin Elon Musk Twitter 2023

Not actually having the full amount of capital…Vitalik Buterin Elon Musk Twitter… so with anything that you’re finding out about please do study the platform don’t simply presume since i use it that you can utilize it right now do some due diligence have a little play around with it even invest with virtual cash they give that alternative as well so you in fact get used to the structure of the site and after that when you’re ready to utilize your own money to invest you can do so now i will disclaim obviously your capital is at risk this is investing we’re doing you’re buying genuine companies if you pick to in this specific video we’re speaking about how to copy other individuals’s investments with your money so certainly your capital is at risk and we need to bear that in mind do not just do something because that individual has actually said they have actually made revenue 14 months in a row purchase these choices because you believe is the best ones for you which being stated let’s dive straight in [Music] 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 element that is probably.

popular for it’s the choice to see what other traders are doing extraordinary we don’t generally get that insight from a great deal of platforms and the other advantage is these copy portfolios are copy trading therefore that suggests with our cash we can in fact state i wish to do exactly what that trader is doing or match that exact portfolio of alternatives and basically every time they make a trade they purchase they offer whatever they do your money will be imitated with it so that indicates if for example 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your money in so we’re going to also cover is the charges involved really critical you understand what are the expenses of this now with any platform there will be some cost to clearly these are genuine companies that are investing they’re doing the purchasing the selling for you there’s going to be charges included and even some of the absolutely no fee sites then may not charge you for really buying and selling etfs or funds individual products private stocks.

there’ll be costs on other parts perhaps it’s our fx rate when you’re changing from uk to u.s dollars there’s all type of costs associated so do your due diligence and i’m going to reveal you the fees with in particular in this video the next would be things to know before you actually begin investing in copy trading or copy portfolios and finally some finest recommendations best practices if you are thinking about this as a tool whether you start your journey or your advanced investor so let’s begin with fees really important to understand these now on there’s a number of fees there isn’t costs to do with really buying and selling okay so commission charges are complimentary however there are a number of other fees the very first one is withdrawal charges so you can undoubtedly put money in now if you’re in the uk we put our uk cash.

and it’s instantly converted into us dollars and i’ll cover a little point about that later however when you want to withdraw your cash so you sell your shares you sell your products whatever you’re offering the minimum amount you can withdraw is thirty dollars back out and they do charge you 5 dollars per withdrawal so for me obviously knowing that i’m going to ensure that i’m just withdrawing when i definitely need to now you might say alright that’s rather pricey and i get that however it’s all to do with how they run their platform they need to charge fees somewhere and withdrawal fees are just among those options that they have a lot of platforms clearly are 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 as soon as every six months you know depends totally how you’re investing however that is a cost to keep in mind the 2nd charge that i’ve discussed is that conversion fee now with you’re handling us dollars just there’s not an alternative to buy in euros or uk which’s great that fits me.

a great deal of my stocks are us dollar stocks anyway or the etfs that i’m buying or perhaps some crypto so i’m excellent with that we have what’s called the fx currency conversion fee now when you use anybody so if you’re utilizing trading two and 2 free trade anybody this is standard they have i expect stuck to whatever fee they charge for that conversion rate you type of have to accept you understand if you wish to use their platform go from uk to us then that conversion cost exists what are they really giving you in terms of 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 offer me us dollars rather you have to pay their costs now the excellent thing about however when you’ve transformed your cash you do not need to invest it right away that dollar value can sit in your portfolio as money dollars for as long as you like so that means the initial day that you purchase or convert your dollars is the only charge that occurs now with copy trading and copy portfolios there aren’t any additional costs so that’s actually good utilizing that part of their site will not certainly limit you in any way however we have to know two other fees the first being what’s called spread costs all right and i’m going to show you what i indicate on now a spread charge as i’m going to show you Vitalik Buterin Elon Musk Twitter.

You are given many options with this software application and you can configure it however you see fit. If you’re looking to start trading the forex market but don’t know which system to choose, then this might be exactly what you require.

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