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

Skrill is joining the fight against unregulated brokers

Skrill is joining the fight against unregulated brokers

It is not even a month since the two biggest card providers, Visa and MasterCard, announced to fight unregulated brokers and ICOs. Skrill is the next payment option to join the fight as they started demanding from brokers operating in the EU a copy of their license to prove they operate legally. Brokers that fail to provide it will face a huge problem as all UK and European clients will since the 30th of November no longer be able to transfer funds to such entities.It seems like the EU authorities are finally starting to do whatever is in their power to eliminate the abusion of EU clients. It is more than likely that other popula...

18 November, 2018

NagaMarkets and NagaTrader Review – Platform, spreads, reputation

Today, we are reviewing a CFD broker NagaMarkets and its social trading platform called NagaTrader. NagaTrader is a social trading platform where investors and traders of all levels can trade CFDs on stocks, indices, forex, equities and cryptocurrencies. The NagaMarkets company is under CySEC supervision. The company has no minimum deposit and a free demo account can be opened at any time. Spreads are very good on cryptocurrencies, on other assets they are unfortunately a little bit less attractive.[ecp code="general-warning"]Detailed information about NagaMarkets Website address: https://nagamarkets.eu Leverage: up ...

17 November, 2018

XTB review - What to expect from the broker

XTB review - What to expect from the broker

In this review, we take a look at XTB (which stands for X-Trade Brokers). We will examine the broker's background, trading platforms, fees and overall offer. XTB is a leading European broker with an international presence that was founded in 2004. The company attracts traders on some of the tightest spreads in the industry, superior execution time speed and access to the xStation platform.

07 November, 2018

Ripple (XRP) Trading Demo Account - How to start

The world's biggest cryptocurrencies are a very popular choice for many traders and investors, Ripple is no exception. As of now, XRP is ranked as the third most valuable coin by market cap and it attracts millions of traders and investors around the globe. In general, trading cryptocurrencies is risky and one should approach it always with caution. To save you from the prospect of losing money when trading Ripple, I recommend opening a free Ripple (XRP) demo account. Such an account is a perfect solution for people with inadequate experience. In today's article, we will give you a list of popular brokers that offer Ripple tradin...

21 October, 2018

MasterCard and Visa - Crackdown on unregulated CFDs, Binary Brokers and ICOs

MasterCard and Visa - Crackdown on unregulated CFDs, Binary Brokers and ICOs

[stm_post_details] The card industry leaders - MasterCard and Visa decided to crack down on unregulated forex, CFDs, Binary Brokers and ICOs. This comes as a welcoming surprise for regulated brokers who have to deal with new stricter ESMA rules that the European regulator introduced this summer. From now on brokers and ICO issuers will have to play by the rules and provide services only in jurisdictions for which they hold appropriate licenses. MasterCard’s rules are already in place from this Monday. VISA has announced that they will force the same measures from the 1st of December.What does it mean for unregulated brokers ...

15 October, 2018

Is Bitcoin Malay System a scam? Beware, Read this Review

There have been rumours that Bitcoin Malay System is a scam people should avoid. Is that really true? Let’s find out in today’s Bitcoin Malay System review.Bitcoin Malay System – Is it just another crypto scam?The number of crypto scams created to benefit from the popularity of Bitcoin and altcoins is rapidly increasing and one has to watch out. Whether you have received an email offer from Bitcoin Malay System or just accidentally stumbled upon their website, you should beware. Be careful and take your time looking for any signs indicating that Bitcoin Malay System could be a scamWhat should you check before investing with Bitco...

17 September, 2018

Bitcoin Compass Review - Comprehensive Scam Test

There have been rumours that Bitcoin Compass is a scam that people should avoid. To find out whether this statement true or not we decided to make a review of the Bitcoin Compass system.Bitcoin Compass – Can you trust the software?Bitcoin Compass is relatively new trading software that occurred on the internet just recently. This system targets especially the UK and Australian citizens, but they probably accept clients from all countries. One interesting thing I noticed right from the beginning is a link to their page called Government Disclaimer. If you visit this post, you will find out that it is a U.S. Government Required Dis...

16 September, 2018

Is Aussie Formula a scam? Beware, Read this Review Now!

[vc_column width="3/4"][stm_post_details]There have been rumours that Aussie Formula is a scam that people should avoid. And I am not, anyhow, surprised because the promises sound really unbelievable. Today we are here to see whether the rumours about Aussie Formula are true or not.Aussie Formula – Unbelievable promisesFirst of all, it looks almost exactly like Brit formula which is another very suspicious project. This is the first time we heard of Aussie Formula but since we know how many new crypto scams are out there we advise everyone to be on a watch out. If you received an email offer from Aussie Formula or accidentally st...

16 September, 2018

The Mystery of Satoshi Nakamoto

The Mystery of Satoshi Nakamoto

In case you haven’t heard of him, Satoshi Nakamoto is considered to be the genius of the cryptocurrency world as he is the creator of Bitcoin.It has been ten years since he first disclosed his intentions of creating Bitcoin and blockchain to the professional community and, yet, his identity is still a mystery. It was on November 1, 2008, when the Cryptography Mailing List subscribers received the following message:“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.”The brief message included a link to the eight-page Bitcoin white paper. The white paper featured a proposal for...

14 September, 2018

Is Crypto World Company a scam? Beware, Read this Review

[vc_column width="3/4"][stm_post_details]There have been rumours that Crypto World Company is a scam that people should avoid. Is this statement true? Let’s find that out in today’s Crypto World Company review.Crypto World Company – Is it just another crypto scam?The number of crypto scams that want to benefit from the popularity of Bitcoin and altcoins is rapidly increasing and one has to be always on a watch out. If you received an email offer from Crypto World Company or accidentally stumbled upon their website you should pay a very close attention whether you do not see signs that would indicate that Crypto World Company is a...

03 September, 2018

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