XWEALTHBOX Blog

I don't know about you, but I'm sick of trading "gurus" acting like trading is really easy. It's a total joke. And it's an insult to struggling traders who are smart and work hard but haven't found success yet (especially since the guru saying his method is easy probably isn't even a real trader). The reality is that thoughtful, hard-working retail traders are struggling because trading is hard. You know that- no matter how much slick marketing they throw at you. And the reason it's hard? It's complex. How many times have you got the direction of the market completely right and still lost money? How often have you learned a technique that works for a bit and then starts losing you money when the market changes? But one professional day trader has studied this market complexity for years and ingeniously narrowed things down to the 2 unique day trading techniques that work in every possible market condition. The techniques are not comple...

Many people believe Bitcoin to be very complicated, when in fact it’s a lot more simple and intuitive than what most people think. This series aims to help everyone get a grasp of the basics, and over time also present further learning opportunities for those that want to know more. Bitcoin is often explained by comparing it to something specific people already know, but this is often what creates a lot of confusion. Bitcoin is a new technology that is unlike anything we have seen before, so a better way to think of it is as a combination of a few different things we are already used to: Firstly, because it allows you to move money so easily, Bitcoin functions as a payment system, similar to bank transfers or credit cards, only a bit better. Second, Bitcoin is in some sense similar to gold - that is why many people even refer to it as ‘digital gold’ or ‘Gold 2.0’. Think of it as using gold for money, except it also very easy to move. Third, Bitcoin is like the inter...