Michael Kuchar

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 to anticipate potential market moves I utilize a fusion of both fundamental and technical analysis. My most current interest lays in cryptocurrencies, especially in Ethereum and in decentralized applications.

Basic information

  • Education: B.A in Economics/Business, University of Pardubice
  • Current work: CEO of TradingBeasts.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

How to day trade cryptocurrencies like a pro

How to day trade cryptocurrencies like a pro

Day trading cryptocurrencies greatly differs from typical long-term investing and one can not approach it the same way. Traders who focus on day trading can earn significantly more since their profits are locked in daily. That means gains are made on prior gains (in addition to the first investment). So theoretically speaking, a trading account can balloon tremendously. As a day trader, a big initial investment is not required from you in order to make a good profit. Whereas in the case of long-term investing, you need to put aside some serious money to make at least something from your investment. Many investors also like the id...
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12 December, 2017

Is Bitcoins Wealth Club a Scam? Or a legit system

As the price of Bitcoin continues to grow, so does the number of scams that want to rob people. Today we are going to have a closer look at Bitcoins Wealth Club to determine whether it is a scam or not. Bitcoins Wealth Club is a system created by an individual that calls himself Vitaliy Dubinin. This person says that thanks to him you will be able to have a passive income of up to 0.3+ Bitcoins Per Day with an auto-pilot system that is 100% Free. Firstly, we will look at what should be delivered to us and then we will decide whether such results really are possible. So let's get right to it.Bitcoins Wealth Club - introductory vid...
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10 December, 2017

Forex and CFD trading explained - tips and advice for beginners

[vc_column width="3/4"][toc]The forex market is the largest and most liquid market in the world. Every day, currencies worth 5,3 trillion dollars are traded there. The forex market is a place where all the banks, businesses, governments, investors, and traders meet in order to trade currencies. Approximately 15% of the trading volume is performed by corporations and governments that buy and sell goods and services abroad, and 85% of the trades constitute of investments made with the aim of profiting from currency movements. The foreign exchange market transactions can take place anywhere in the world, but the biggest trading volu...
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09 December, 2017

The Ethereum Code Review - A Scam or a Legit Program

 The Ethereum Code is a new program that promises incredible profits from trading Ethereum. It is a scam or a legitimate software that is to be used? Find out in the review. The Ethereum Code is created on the idea that Bitcoin made a lot of people rich, but it is too late to invest in BTC now. Nevertheless, the system says that you should be not afraid because there is another cryptocurrency that will make you unbelievable profit - Ethereum, the program guarantees 10 000 dollars a week.Jad Baker - I am the creator of The Ethereum CodeThe figure, Jad Baker, created the Ethereum code program. In the video, it is mentione...
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11 November, 2017

Bitcoin Trader Review - Comprehensive Scam Test

[vc_column width="3/4"]Bitcoin Trader claims to have a unique trading software that wins trades with 99.4% accuracy. Is this, however, even possible? Find out in the following Bitcoin Trader Review Bitcoin Trader is a software that focuses on Bitcoin and its trading. On their homepage, they have a short introductory video where famous people talk about Bitcoin and how innovative the currency is. It really is possible to make money by investing in Bitcoin, but I hardly think that is is possible with Bitcoin Trader. They promise unbelievable results with just a 250$ deposit. Bitcoin Trader looks just too good to be true.Emails - wh...
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10 November, 2017
Bitcoin Loophole Review – a Scam or a Legit system

Bitcoin Loophole Review – a Scam or a Legit system

Bitcoin Loophole is a new system that promises to make you over 13 000$ in 24 hours. Is it even possible or is it just another scam that wants to profit from the popularity of Bitcoin? Bitcoin Loophole is created by well-known figure Steve Mckay that is associated with the Bitcoin code scam that we have already exposed on our website. Bitcoin Loophole is a very similar system that also makes unbelievable promises to clients that most definitely can not deliver. Why we consider this software to be a scam can be found in the following review.How Did I find out Bitcoin Loophole?I have found out about this system thanks to an em...
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08 November, 2017
MyLifeChange247 Review - Comprehensive Scam Test

MyLifeChange247 Review - Comprehensive Scam Test

MyLifeChange247 promises to make your dreams come true. Is this system legit or is it just another shameful scam? Find out in the following review  MyLifeChange247 is represented as a community of people who help each other to achieve their dreams. So basically you make a donation in Bitcoins or in fiat currency, you wait for 1 to 6 months and then you should receive money from other community members. MyLifeChange247 is also known under the shortage MLC247.MLC247 - 75% monthly compounded growth - Come on!MyLifeChange247 promises unbelievable 75% monthly compounded growth. I think right there you should know that this h...
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05 November, 2017

Five Winds Asset Management Review - a Scam test

Five Winds Asset Management is a consulting company offering investment services. Whether they are a scam or not can be found in the following review.  Belgium’s financial regulator FSMA warned us on the 02/10/2017 against Five Winds Asset Management. Not only that this company is not regulated in Belgia where it offers its services, it is also not regulated in any other country.According to FSMA they illegally conduct their services in the country and they sell investment packages with unrealistic returns. Five Winds Asset Management provides no information who is the owner of the company. But from what we could find i...
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03 November, 2017
Greenfields Capital Review - Comprehensive Scam Test

Greenfields Capital Review - Comprehensive Scam Test

 Greenfields Capital is a new binary broker that was established in 2017. Today we are going to have a closer look whether this company is a scam or not. Greenfields Capital is not a licensed company and therefore its operation is illegal. So be extremely careful if you decide to trade here. The minimum deposit for opening a new account is $250. The minimum investment is $5. The broker does not operate internationally, so they provide only platform and support in the English language.Trading platform of Greenfields CapitalThe company uses famous SpotOption platform which offers classic High/Low binary options, ladder and one-touc...
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21 October, 2017
Steve McKay's BitCoin Code Scam Exposed

Steve McKay's BitCoin Code Scam Exposed

BitCoin Code is a new auto-trading software that promises $13, 000 in 24 hours. However, as you are going to find out, it is just an outrageous scam that we are going to expose in the following review. Bitcoin is very popular these days and that is what BitCoin Code uses to make a profit. It claims to have a software that has 99.5% accuracy which makes it virtually impossible to lose. Reading this statement, anyone with a little bit of common sense should know that BitCoin Code is a scam. In this article, I am going to show you what are my reasons for making such accusations.BitCoin Code is for a limited number of peopleIn the of...
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11 October, 2017
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