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 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
  • 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

5 Best FREE Crypto portfolio Trackers - That you must Try

5 Best FREE Crypto portfolio Trackers - That you must Try

Any cryptocurrency investor and trader needs to keep track of the cryptocurrencies he owns, otherwise, he would have no idea which coins are carrying his portfolio and which ones are taking it down. While cryptocurrency exchanges offer their own environment to manage and track your coins it is most of the time insufficient. The crypto exchange platforms lack most of the functions that crypto portfolio trackers have and are necessary for us to properly monitor our coins. To have a good track of your beloved Moon coins - here are 5 ways to manage them (3 website trackers, 2 mobile applications).CoinStats - All-in-one crypto manager...
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20 July, 2018

How to get a PRO status on the IQ Option platform

[vc_column width="3/4"]Every trader from the European Economic Area looking to trade binary options, digital options, or CFDs with up to 1:500 leverage on the IQ Option platform ([ecp code="IQ-number-of-people-losing"] of retail CFD accounts lose money.) needs to first acquire the status of a pro trader. In this article, we will explain why the pro status is necessary and how to get one.Why it is necessaryThe European Union financial regulatory institution – ESMA – banned trading options for all the EEA retail traders and placed restrictions on the leverage of CFD instruments. While this is definitely a drawback, it is not the en...
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29 June, 2018

IQ Option review - Binary and digital options

[vc_column width="3/4"] We have tested out one of the world’s fastest-growing online trading platforms, IQ Option. Keep reading to find out, whether the broker is a legit company or a scam. This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.IQ Option offers a unique trading platform for binary options, digital options, forex and cryptocurrencies (CFDs). The IQ Option platform that allows real trading starting at $10 appeals to new and existing clients mainly with its high payouts that reach up to 95% in case of a successful trade (binary options), ...
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28 April, 2018
Crypto Demo Account vs. Real Account - Psychology lesson

Crypto Demo Account vs. Real Account - Psychology lesson

Trading conditions on the cryptocurrency market are rarely different when moving from a demo account to a real account. However, there is one thing that changes significantly and that is your mindset, i.e. your trading psychology.Most of the new cryptocurrency traders start their journey to break the routine and experience something new and exciting with the promise of a good profit. However, the excitement only lasts until they experience their first loss. Some can cope with loss better than others but no one is completely immune to the stress it brings about.When reality does not meet expectations, anxiety rises and the vulnera...
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09 April, 2018
Holding Cryptocurrency - How to Become Pro Hodler

Holding Cryptocurrency - How to Become Pro Hodler

If you want to be a long-term cryptocurrency investor, you have to learn how to hold a cryptocurrency you own. This might seem like an easy task at first, but it isn't. Most of you know that cryptocurrencies are known for their volatility but have you put any real thoughts into it? The crypto market can decline for several days or even months. If you want to be a pro hodler you have to learn how to handle this kind of pressure.https://www.youtube.com/watch?v=v7cYOzC2aBo HODL - Meaning of the termThis term is used several times in the article, but do you even know its real meaning and origin? If not, hear a story of one of the mos...
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19 March, 2018

Three amazing steps to become a pro trader

[vc_column width="3/4"][stm_post_details]Trading is the most challenging profession in today’s word. Every day the number of active traders in the online trading community is rising at an exponential rate. Most of the new traders jump into the online trading industry only to secure their financial freedom. In the past, trading was limited to large banks and institutions but due to the recent advancement in technology,  retail traders can also trade this market with the high leverage trading account. But having access to the high leverage trading account doesn’t mean that you will become successful in the Forex market. People in t...
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12 February, 2018
How to buy the dips in cryptocurrency market – Complete guide

How to buy the dips in cryptocurrency market – Complete guide

Traders can approach the cryptocurrency market with many different strategies. One of the more common ones is „buying the dips“. This refers to the effort of buying a cryptocurrency for a low price rather than buying it when it’s high. While most traders are afraid to practice this, it is generally safer to trade the dips than just buying a coin with everyone else, when it’s trending. To master this technique, firstly we need to establish when it can be said that it is truly safe to “buy the dips”.How to determine the dip levelThe most complicated as well as important key factor in this strategy is determining the dip level. As ...
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11 February, 2018
How to short any cryptocurrency without breaking a sweat

How to short any cryptocurrency without breaking a sweat

The mainstream idea of buying cryptocurrencies crossed many minds, but what about investing in their downfall? Is such an idea sane? By now you probably know that the cryptocurrency market is well known for its instability and when cryptocurrency prices drop, they drop hard. In order to explain how to short any cryptocurrency on the market, we have created the following guide with instructions that need to be executed.
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29 January, 2018

Bitcoin trading demo account - how to start

Trading Bitcoin can be quite risky when one does not have a lot of experience with the cryptocurrency market. Luckily, there is a way how to try Bitcoin trading without taking any risks whatsoever. A Bitcoin trading demo account is intended for this very purpose. A practice version can be created free of charge and any beginner, as well as any advanced trader, can experiment and test Bitcoin and altcoin trading risk-free.
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05 January, 2018
Crypto Demo Trading Account - How to start

Crypto Demo Trading Account - How to start

Cryptocurrency trading with real money can be a devastating experience for unprepared investors and one should approach it very carefully. Luckily for us, there is a practice account called a crypto demo account offered by many companies where risk-free trading is possible.
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19 December, 2017
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