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

eToro Review - the Pioneer of Online Social Trading

eToro Review - the Pioneer of Online Social Trading

eToro is a modern trading and investing provider that ranks among the top social trading networks in the world. The company, founded back in 2007, offers a trading solution for both experienced and inexperienced traders who can benefit from its tight spreads, a free demo account, and an all-inclusive trading platform. Each client can trade on his own or take advantage of the CopyTrader™ system that allows users to follow and copy top-performing traders on the platform.

31 August, 2018

When privacy comes above all – 5 Most anonymous cryptocurrencies

When privacy comes above all – 5 Most anonymous cryptocurrencies

Among some cryptocurrency investors live a big lie claiming that cryptocurrencies are a synonym for anonymity. We, however, know that this rumour is a big misconception as most cryptocurrencies keep transaction records on the blockchain that can be with proper resources easily tracked. That being said, there are coins with prime focus on anonymity that will keep your identity and transactions concealed. Here are the 5 top anonymous cryptocurrencies used by people who want their identity to stay hidden.Monero (XRM)Without a shadow of a doubt, Monero is the number one coin when it comes to anonymity. This cryptocurrency is often re...

17 August, 2018

Is Bitcoin System a scam? Beware, Read this Review Now!

[vc_column width="3/4"][stm_post_details]Do you remember when we made a review of the Bitcoin Code website? If you do, you will very quickly remember that Bitcoin System is just its copy. So let's have a quick look at Steve McKay's system.Bitcoin System – 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 Bitcoin System or accidentally stumbled upon their website you should pay a very close attention to whether you do not see signs that would indicate that Bitco...

Is Crypto Trader Elite a scam? Beware, Read this Review Now!

[vc_column width="3/4"][stm_post_details]There have been rumours that Crypto Trader Elite is a scam that people should avoid. Is this statement true? Let’s find that out in today’s Crypto Trader Elite review.Crypto Trader Elite – 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 Trader Elite or accidentally stumbled upon their website you should pay a very close attention whether you do not see signs that would indicate that Crypto Trader Elite is a scam...

Is Trade Capital Invest a scam? Beware, Read this Review Now!

[vc_column width="3/4"][stm_post_details]There have been rumours that Trade Capital Invest is a scam that people should avoid. Is this statement true? Let’s find that out in today’s Trade Capital Invest review.Trade Capital Invest – 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 Trade Capital Invest or accidentally stumbled upon their website you should pay a very close attention whether you do not see signs that would indicate that Trade Capital Invest is a...

Is the Wealth Matrix a scam? Beware, Read this Review Now!

[vc_column width="3/4"][stm_post_details]There have been rumours that the Wealth Matrix is a scam that people should avoid. Is this statement true? Let’s find that out in today’s the Wealth Matrix review.The Wealth Matrix – 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 the Wealth Matrix or accidentally stumbled upon their website you should pay a very close attention whether you do not see signs that would indicate that the Wealth Matrix is a scam.What shou...

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...

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...

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), ...

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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