Michael Saylor What Bitcoin Did 2023

Not in fact having the full amount of capital…Michael Saylor What Bitcoin Did… so with anything that you’re discovering please do study the platform don’t simply assume since i use it that you can use it right now do some due diligence have a little play around with it even invest with virtual cash they give that choice as well so you in fact get used to the structure of the site and then when you’re ready to use your own cash to invest you can do so now i will disclaim naturally your capital is at threat this is investing we’re doing you’re purchasing genuine companies if you choose to in this particular video we’re discussing how to copy other individuals’s financial investments with your cash so undoubtedly your capital is at danger and we have to bear that in mind do not simply do something because that person has actually stated they’ve made profit 14 months in a row purchase these choices since you believe is the best ones for you and that being said let’s dive directly in [Music] so the things we’re going to cover in this video is comprehending what is copy trading what are copy portfolios it belongs to social trading which is one element that is probably.

well-known for it’s the option to see what other traders are doing extraordinary we do not typically get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading therefore that suggests with our money we can in fact state i wish to do precisely what that trader is doing or match that specific portfolio of options and essentially each time they make a trade they buy they sell whatever they do your cash will be simulated 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 fees included actually crucial you comprehend what are the expenses of this now with any platform there will be some cost to certainly these are real companies that are investing they’re doing the buying the selling for you there’s going to be charges included and even some of the no cost websites then may not charge you for in fact buying and selling funds or etfs specific commodities individual stocks.

there’ll be costs on other parts perhaps it’s our fx rate when you’re altering from uk to u.s dollars there’s all kinds of fees associated so do your due diligence and i’m going to show you the costs with in particular in this video the next would be things to understand prior to you really start buying copy trading or copy portfolios and lastly some finest suggestions finest practices if you are thinking about this as a tool whether you start your journey or your advanced financier so let’s begin with charges really crucial to understand these now on there’s a number of fees there isn’t fees to do with really buying and selling fine so commission fees are totally free however there are a number of other fees the very first one is withdrawal fees so you can certainly 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 in the future however when you want to withdraw your money 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 five dollars per withdrawal so for me naturally knowing that i’m going to ensure that i’m just withdrawing when i absolutely require to now you may state all right that’s quite pricey 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 simply one of those alternatives that they have a lot of platforms certainly are free to do such things has this five dollar charge so in my eyes make your withdrawals largely it can be perhaps even once a year when every 6 months you understand depends completely how you’re investing however that is a fee to bear in mind the 2nd charge that i’ve touched upon is that conversion fee now with you’re handling us dollars just there’s not an alternative to purchase in euros or uk and that’s great that fits me.

a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m purchasing and even some crypto so i’m good with that we have what’s called the fx currency conversion charge now when you use anyone so if you’re using trading two and two free trade anybody this is basic they have actually i suppose stuck to whatever fee they charge for that conversion rate you sort of have to accept you know if you want to use their platform go from uk to us then that conversion fee is there what are they in fact offering 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 state provide me us dollars instead you have to pay their charges now the great thing about though when you’ve converted your money you do not need to invest it immediately that dollar value can being in your portfolio as money dollars for as long as you like so that means the initial day that you buy or transform your dollars is the only charge that occurs now with copy trading and copy portfolios there aren’t any additional fees so that’s truly good using that part of their site will not definitely limit you in any way however we need to understand two other costs the first being what’s called spread costs alright and i’m going to reveal you what i indicate on now a spread cost as i’m going to show you Michael Saylor What Bitcoin Did.

You are provided many alternatives with this software application and you can configure it nevertheless you see fit. If you’re looking to start trading the forex market but do not understand which system to pick, then this may be precisely what you need.

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