Etoro How To Get My Bitcoin Cash If I Have Bitcoin – Ask Mary

We get htis a lot on our site the answer to Etoro How To Get My Bitcoin Cash If I Have Bitcoin….Questions that i speak with new investors what if you’re brand new to investing you simply do not want to decide what you really wish to invest and you desire someone to do it for you there’s just a couple of manner ins which that can take place the firstly you can hire an investment portfolio supervisor they’ll usually charge a rather a high premium to do that possibly one or two percent of your profits will go to them the other thing is naturally you can buy mutual funds specific funds are developed again with an account manager in the background as i’m going to cover in this video they have a service though that’s called copy trading copy portfolios also now if you’re brand new to an overall please remember this platform is rather advanced you can do cfds which obviously cfds are ways of investing

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with not actually having the full amount of capital so with anything that you’re learning more about please do study the platform don’t just presume since i utilize it that you can use it right now do some due diligence have a little experiment with it even invest with virtual money they consider that alternative too so you actually get utilized to the structure of the site and then when you’re ready to utilize your own money to invest you can do so now i will disclaim obviously your capital is at threat this is investing we’re doing you’re buying real companies if you choose to in this particular video we’re talking about how to copy other people’s investments with your cash so clearly your capital is at danger and we have to bear that in mind do not simply do something since that individual has said they’ve made profit 14 months in a row purchase these choices because you think is the best ones for you which being said let’s dive directly in [Music] The things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it’s part of social trading which is one aspect that is probably.

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popular for it’s the option to see what other traders are doing incredible we don’t normally get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading therefore that means with our money we can really say i want to do exactly what that trader is doing or match that exact portfolio of options and basically whenever they make a trade they buy they offer whatever they do your cash will be mimicked with it so that indicates if for instance 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your cash in so we’re going to likewise cover is the charges involved truly vital you comprehend what are the expenses of this now with any platform there will be some expense to clearly these are real business that are investing they’re doing the buying the selling for you there’s going to be charges involved and even a few of the no charge sites then may not charge you for in fact buying and selling funds or etfs specific commodities individual stocks.

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there’ll be fees on other parts maybe it’s our fx rate when you’re changing from uk to u.s dollars there’s all kinds of charges associated so do your due diligence and i’m going to show you the costs with in particular in this video the next would be things to understand before you in fact start investing in copy trading or copy portfolios and finally some best advice finest practices if you are thinking about this as a tool whether you begin your journey or your advanced investor so let’s start with costs truly crucial to comprehend these now on there’s a number of fees there isn’t costs to do with actually buying and selling alright so commission charges are complimentary nevertheless there are a couple of other fees the very first one is withdrawal costs so you can undoubtedly put money in now if you remain in the uk we put our uk money.

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and it’s instantly converted into us dollars and i’ll cover a little point about that later on however when you want to withdraw your money so you sell your shares you offer your products whatever you’re selling the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me of course understanding that i’m going to make sure that i’m only withdrawing when i absolutely need to now you may say okay that’s rather pricey and i get that however it’s all to do with how they run their platform they have to charge fees someplace and withdrawal costs are just one of those alternatives that they have a great deal of platforms clearly are free to do such things has this five dollar charge so in my eyes make your withdrawals mostly it can be maybe even once a year once every six months you know depends entirely how you’re investing but that is a cost to bear in mind the 2nd fee that i’ve touched upon is that conversion charge now with you’re handling us dollars only there’s not an option to purchase in euros or uk which’s great that suits me.

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a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m buying and even some crypto so i’m good with that we have what’s called the fx currency conversion fee now when you utilize anybody so if you’re utilizing trading two and 2 open market anyone at all this is standard they have i expect stuck with whatever charge they charge for that conversion rate you type of have to accept you know if you want to utilize their platform go from uk to us then that conversion cost is there what are they in fact giving you in terms of your uk pounds to us dollars and all platforms are the same you can’t haggle with them you can’t go to the bank and state provide me us dollars rather you have to pay their charges now the great thing about however when you’ve converted your money you do not need to invest it right away that dollar value can sit in your portfolio as cash dollars for as long as you like so that implies the initial day that you buy or transform your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any additional costs so that’s really excellent using that part of their website will not definitely restrict you in any way nevertheless we need to understand two other fees the very first being what’s called spread costs fine and i’m going to show you what i imply on now a spread cost as i’m going to reveal you

on is essentially the distinction that becomes part of the investment platform in between the buy price and the list price all right it’s their premium on doing both those two actions now tesla if you can see on this part of the website today tesla’s dollar worth 599 per share in tesla that in fact means that when you wish to offer or purchase as you can see it’s not the cost you’re seeing up here let me show you that once again so the present rate of tesla is the worth of a share what’s called spread charges is the difference then in fact to purchase that share on the platform and you’ll find this all over this is another way that they make a small amount of benefit from you each time you do a buyer’s share so keep that in mind clearly it’s more expensive to buy than it is to sell so they’re going to give you less back with your sale and you state okay well why does that happen it simply does that is the nature of a great deal of platforms out there there’s a distinction between if you’re buying it then you wish to sell it which is how they make a little bit of cash on those spread charges it’s generally extremely little it could be a matter of pens matter of cents in there however that’s one location every investment company will again make a little bit money now the last task is called an

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over night fee now this is truly essential if you’re really utilizing cfds yourself also an overnight fee is when you’re not doing that buy offer transaction in the very same day okay there’s then an overnight cost charged and even if you go from the friday to the monday prior to sailing a weekend fee now this just applies to cfds so if you’re really buying out the etf the stock the product and utilizing time one leverage which indicates you’re actually purchasing the exact asset instead of utilizing utilize anyhow you will not get hit with these fees but these charges are if you’re utilizing utilize and cfds and then you’re going to have these fees if you’re not buy selling in the exact same day so let’s state if you enter into the help area this isn’t the overnight charges info you can see exactly the breakdown and it’ll inform you what are the charges what are the charges then for when you’re doing over night or you’re doing over weekends and that just uses as i stated to cfds there are some additional charges of course depending on what you are purchasing as well this is on your own so keep that in mind however full fees are completely within their assistance information alright and we discussed as well as totally free to deposit in but there’s a five dollar charge if you wish to withdraw from anything whether it’s been cfds regular product stock shares everything there’s that 5 dollar withdrawal fee now another thing to call it as i have actually stated copy trading and copy portfolios are two various methods of in fact utilizing these copy works they do not have any extra charges on top of the regular fees that

exist now what you require to keep in mind though is these possibly managed by other people completely or sometimes have created portfolios you have actually got a genuine person doing the management you need to make sure you select the person that’s right for you similar to any type of work this is your financial properties so we definitely require to ensure it’s the best person for us prior to we copy them so the first things i would call it if you do want to utilize this function we have actually got a number of different alternatives for us to start with if you’re brand new to investing i wish to draw your attention to this within you have the choice to invest genuine money or a virtual platform virtual methods i believe you get yep a hundred thousand dollars to have fun with and it’s not real cash that you’re investing you won’t require to put in your charge card information or anything you can essentially have this virtual portfolio mimic as if you are utilizing your own money however actually buy pretend buy copy individuals whatever you like if you’re not

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feeling comfy with utilizing your genuine cash possibly this is a fantastic choice for you again to test the theories all right you may want to buy tesla or apple or this etf why not utilize the virtual alternative as a way to type of safe have fun with it certainly you might have lost out on gains and losses during that time obviously if you had actually invested your genuine cash it allows you to build self-confidence comprehend the platform so that’s one choice for you then next week and i’m going to return to my real portfolio here now we’re going to deep dive really how to copy individuals and copy portfolios now here’s something to remember prior to you pick somebody that you’re going to copy or a portfolio you’re going to copy ensure you understand what your threat profile is now what do i mean by that obviously for me i’m investing long term and they tend to say the longer you’re leaving your financial investments the riskier you can be run the risk of simply indicates am i alright with potentially losing a great amount of this financial investment or getting as

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well now keep in mind whatever is ups and downs you will make money you’ll lose cash that’s why they make the fact 75 people will lose money however that similarly means they’ll lose at some time in their journey undoubtedly people do make money also and i’ve got videos everything about how you can ensure you’re one of the people to in fact generate income but in this scenario make sure you research your threat level would you be alright providing your cash to someone else which is efficiently what you’re doing and trusting them make certain you comprehend what they’re buying fully if you’re somebody who isn’t wanting to be that dangerous don’t select someone who’s entirely into crypto or currency conversion consider it you ‘d probably desire a foundation of strong commodities

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like gold and even oil plus more traditional etfs and index funds you might not desire some up-and-coming single stocks in your portfolio do the very same with who you’re following now as i state you can in fact utilize this too actually easily over here you can copy people now it will provide you a great deal of choices and you can use the system to really look for somebody that you elegant really following so let’s see maybe we desire somebody from joined kingdom um who buys let’s see who does etfs they have actually acquired a minimum of 10 yeah that sounds fair that sounds a good amount and i can find everyone who has fulfilled that requirements and it does provide you a threat aspect also so it tends to be the greater the number the more riskier they are with their stock investing now undoubtedly there are a variety of people that have rather high returns

keep in mind it’s like anything to do with the news or forecasts of the future this does not suggest someone will make 56 for you for the next 12 months they might make 4 or minus 50 there’s no way to ensure so do keep that in mind and as basic as clicking the copy button and off you go and then you understand ask you to validate are you okay with this and off you go now another method to really deep dive if we click this person for instance ruby mza as an example you can really deep dive into what is she really investing in so let’s enter into portfolio and you can see she’s quite heavy into microsoft mastercard amazon she likes her tech a little bit so that’s good to know ibm paypal yep she’s definitely like type of into those blue box and the tech industry she’s got a few of mine really that i buy too which is good so really for me knowing what i like to purchase my specific stocks and shares she would resonate with me she’s got a great spread in tech business that appears to be what she chooses she’s likewise got a bit more um of the type of primary food companies and you’ve got you know pharmaceutical and production business as that. Etoro How To Get My Bitcoin Cash If I Have Bitcoin.

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