The Wolf of All Streets - Scott Melker: The GOLDEN Rules in Crypto Trading for Beginners and Pros!!!

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#crypto #trading #pro #bitcoin #scottmelker

Dear Crypto Community and Blockchain Buddies across the globe,

Welcome back to our special Virtual Interview series! In this episode, we are pleased to interview Scott Melker, AKA the Wolf of All Streets! As a trader and investor both privately and at TexasWest Capital, he is the host of the popular show “The Wolf Of All Streets Podcast,” the author of “The Wolf Den” newsletter, and a prolific writer and thought leader in the crypto space. He is also an advisor to a number of #blockchain-based projects. He has been featured in the New York Times, Forbes, Businessweek, The Wall Street Journal, Coindesk, CoinTelegraph, CCN and more. Not to mention, his 20-year music career as a world-renowned producer and DJ, playing alongside Enrique Iglesias, Future, Snoop Dogg, Wiz Khalifa, Crosby Stills & Nash, Neyo, Sheryl Crow, T.I., and many more.

TOPICS COVERED:

1) Going from DJ to Crypto Trader
2) His best trading techniques
3) His favourite technical indicators
4) How to reach crypto adoption


MAJOR TAKEAWAYS:

"You can't trust a trader who has never been broke"

"Invest in stuff you are passionate about"

"Dollars are for spending, crypto is for saving"

"Don't FOMO, follow the plan"

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Don't forget to Subscribe to our channel for Weekly Interviews, every Wednesday, 8 PM BST!

Follow The Wolf of All Streets:

Twitter: https://twitter.com/scottmelker
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LinkedIn: https://www.linkedin.com/in/scott-melker-7953b526/
Website: https://www.thewolfofallstreets.io/about/
Podcast: https://blockworksgroup.io/wolf-of-all-streets

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Check out the SwissBorg Wealth App!
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Highlights:
00:00 Intro
00:55 Wealth App Intro
02:20 From Dj to Crypto Trader
03:25 The snowball effect
06:30 N°1 Mistake in trading: FOMO
07:03 You can't trust a trader who's been broke
07:50 Using your emotional instinct
09:27 Trading psychology and emotions
12:44 Another golden rule... never compare to other assets
13:49 Doing 10% in 3 minutes
16:58 The case of Yam
20:28 Having the financial discipline
20:45 Focus on the fundamentals
27:06 Explaining to Grandma Suzie
32:30 Never having over 10% in crypto
37:20 Reading self-help books
38:44 I'm crazy about mainstream adoption
39:40 Outro