Trading vs. Investing and How to Successfully Do Both with Scott Melker

This episode is sponsored by RoundlyX. RoundlyX allows you to dollar cost average your spare change into Bitcoin and other cryptocurrencies by rounding up your debit and credit card purchases to the next whole dollar. It's similar to Acorns, but for Bitcoin and other cryptocurrencies. Sign up at https://www.roundlyx.com/ to start investing today.

Scott Melker is a trader, investor, and analyst with decades of experience. He trades and invests in both traditional and cryptocurrency markets and has a passion for teaching. In this episode he explains the difference between trading and investing and how you can do both successfully. He focuses on the importance of risk management, capital preservation, and the psychology of trading. Scott is able to completely remove his emotions, both positive and negative, from trading. If you are unsure of how you fit into this market and have unsuccessfully traded Bitcoin, this episode is perfect for you.

Book recommendations:

Outliers

Game of Thrones

Letter to a Christian Nation

The Shock Doctrine

Websites:

Twitter: https://twitter.com/scottmelker

Website: https://www.getrevue.co/profile/TheWolfDen

Disclaimer:

This content is being provided to you for informational purposes only. Nothing discussed in this video is intended to be investment advice. This content, and any information contained therein, does not constitute a recommendation to buy, sell or hold any security, financial product or instrument referenced in the content.

---

Support this podcast: https://podcasters.spotify.com/pod/show/cryptoentrepreneurs/support