Michael Kuchar

Michael Kuchar

Hi, I'm Michael and my area of expertise is Forex and cryptocurrency trading. I specialize in intraday trading of G20 currencies and use a combination of fundamental and technical analysis to anticipate potential market movements. My current main interest lies in cryptocurrencies, especially in Ethereum and decentralized applications.

Basic information

Education: B.A in Economics/Business, University of Pardubice
Current work: CEO of TradingBeasts.com
Published on: TalkMarkets, BitcoinMagazine.com, FXEmpire.com,
Contributor to TradingBeasts: Since April, 2016

Investing

Trading style: Intraday trader / Analyst
Favourite assets: EUR, CAD, WTI, Gold

Favourite quote

Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.

Albert Einstein - Mathematician and physicist, winner of nobel prize in physics

Latest articles from this author

What Is Bitcoin Satoshi Vision? Everything You Need To Know

What Is Bitcoin Satoshi Vision? Everything You Need To Know

The first cryptocurrency in the World, Bitcoin, was developed by Satoshi Nakamoto. From what is known, Satoshi Nakamoto is an anonymous name and no one owns the name, whether a person or group of people. In 2008, Satoshi Nakamoto released the Bitcoin white paper in which he shared his vision on a digital money system. Now, Satoshi’s dream for a peer-to-peer electronic cash system has taken over the world. However, there are possibilities that there have been just adjustments to the original information Satoshi provided regarding the Bitcoin.This is why we have the Bitcoin Satoshi Vision (BSV). BSV is recognized as the first and o...

06 November, 2020

Top Five Gold Backed Cryptocurrencies

Top Five Gold Backed Cryptocurrencies

The text has been provided by a Guest authorCountless civilizations prize gold due to its allure and value. The precious metal remains an attractive investment option, even in the modern economy. Gold coins, bars, and rounds are all traditional methods of gold investment. Physical gold bullion is easy to store and can feature attractive designs, depending on the issuing mint. Gold prices often surge during economic uncertainty due to the metal’s stability and reputation as a hedge against inflation.The American Golden Eagle and the South African Krugerrand are some of the world’s best known gold bullion coins. Collectors and inve...

15 October, 2020

How to use risk management to enhance your trading

Risk management is an aspect of trading that helps traders to protect their capital from massive losses helping them to survive in the market for a lengthy period. Trading can be a risky job as statistics indicate up to 90% of retail traders across the world fail! That is where risk management plays a crucial role in trading as it helps traders to avoid huge losses preventing them from blowing up their account. It is the most important thing a trader could learn.“Don’t focus on making money; focus on protecting what you have.” Paul Tudor JonesHow to apply risk management into your trades?1.The first and the most crucial measure o...

02 October, 2020

Best Forex Traders In Kenya

Best Forex Traders In Kenya

Forex trading is a prevalent way of generating income online in this internet age, not just in Kenya, but worldwide. It would seem easy at a basic level; you only buy and exchange one foreign currency for another, but forex trading is deeper than that. Today, we will look at some of the best traders in Kenya.

16 September, 2020

How to Invest In Commodities

The term commodity is not common, and some people may never have heard of it. However, understanding commodity investing can be a straightforward and robust addition to a trader’s investment portfolio.Let us discuss how to invest in commodities.Understanding Commodity TradingCommodity trading has been in existence since the ancient times before the inception of bonds and stocks. In the past, it was a crucial business connecting different people and cultures. Today, commodities remain a popular investment instrument. Investors interested in venturing into the commodity market can do so in various ways. Let us discuss these methods...

16 September, 2020

How to Read Charts When Trading Crypto

How to Read Charts When Trading Crypto

If you want to become a successful trader, you should learn to do technical analysis. This is a main ingredient in getting results regularly instead of on a luck basis. The most predominant tools in doing analysis are charts and graphs that follow market dynamics. Let’s take a look at the most essential crypto charts you might come across on top of different exchanges and see how to use them.Line Price ChartYou always want to start with the basics, and Line Price Chart is a good fit for that. Traders use this chart to get an understanding of price dynamics over a period of time, and this dynamics is represented by a single contin...

11 September, 2020

How Do You Start Investing In Gold?

When financial markets experience decline, many savvy investors see precious metals, like gold, as a safe haven. People definitely have to take a look at gold and silver when thinking about moving some of their money into alternative types of investments. These are counter-cyclical assets that act as a hedge against inflation. Now, the question is, “How does someone start investing in gold?” In this article, you’re going to learn your options when it comes to investing in gold since there are actually various ways to go about it.1. Purchase Gold JewelryInvesting in gold jewellery is one of the most popular ways to hold the yello...

28 August, 2020

3 Things You Need To Know About Market Volatility

Forex market volatility isn’t just a simple chaotic change for Forex traders. As market participants try making sense of the price action, trends and patterns actually emerge from those seemingly meaningless swings in value.What’s market volatility? It’s a measure of the degree that changes in a currency pair, currency, or Forex market’s value as a whole occur. Simply saying, volatility is referenced when sharp changes in the value of a currency are observed as compared to many of the market’s other currencies.It’s important to note that social, economic, and political events and occurrences affect currencies. They cause prices ...

27 August, 2020

Forex Brokers that accept Ecocash

Forex Brokers that accept Ecocash

This article describes forex brokers who accept the use of Ecocash for forex deposits and withdrawals. But what is mobile money all about?Ecocash is a telecom company-driven mobile money solution that operates in Zimbabwe. It is a product of Econet, a telecom company that operates in several countries in Africa.

08 August, 2020

IQ Option M-Pesa - Deposits and withdrawals

IQ Option M-Pesa - Deposits and withdrawals

Update: As per all the comments in the discussion under this article, we must notify you that IQ Option no longer supports withdrawals via M-Pesa. If you are looking for a broker that does support both deposits and withdrawals, you can check out Exness.comVisit Exness.comRemember that forex and CFDs available at Exness are leveraged products and can result in the loss of your entire capital.Please ensure you fully understand the risks involved.IQ Option supports in some countries a popular mobile money payment system called M-Pesa. Despite the fact that this funding method is particularly popular in Kenya, traders from other Afri...

02 August, 2020

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