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February 23, 2018, 03:58:55 AM |
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Never heard of him, but generally speaking you don't need to pay for some 'secret' information. The best information for trading can be had for free (or cheap). For example two book that I read, 'The Intelligent Investor' by Graham and 'One Up On Wallstreet' by Lynch, are worth many times what I paid for them. I learned stuff in lots of other places, but the ideas in these books are applicable to more than just stocks. One you learn Graham's way of finding good investments, and then Lynch's, you may realize that although their methods are completely different, they are at the core exactly the same: find an investment that is superior to its peers in one way or another.
Sure you can't use Lynch's earnings line to asses the value of a coin. But if you can go through his book and learn how to value a stock like he does, then you can learn how to value anything.
I am not saying to buy these books, maybe there is better information out there for what you want to learn. The point is that if you are a beginner and you buy some newsletter or expensive training course, chances are good that you have wasted your money.
Its not easy to be a successful investor. It is very hard. That is why not everyone is rich.
For example, when I bought bitcoin I did weeks of research, and hours every day during those weeks. I had seen it in the news before, but had dismissed it as magic internet money or whatever. My mistake! But after the Mt. Gox crash I started to see LOTS of news about it. I read an article with a click bait title that claimed $500k was a plausible price for bitcoin in the future. Usually these types of articles are fluff, and I only click on them to amuse myself and procrastinate from real research.
But I was shocked to see that the author backed it up with real numbers, and had a solid thesis. Of course, I never believe anything ever when it comes to investing (a lesson learned the hard way of course), so down the rabbit hole I went.
I didn't get in early enough to be a bitcoin millionaire unfortunately. But I did get in early enough to see some serious gains! And I only did this by lots of research. No one is going to do this for you. Skip the paid memberships and do the legwork yourself, in the long run you will be rewarded.
First lesson, free of charge: if this guy was so good at making money, why is he spending all his time making youtube videos in stead of trading and making tons of money? If he has some method or system to get rich, he would never share it!
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