According to a recent study, conducted by the Bank of America Private Bank, younger Americans prefer alternative investment assets, such as crypto and digital assets, over traditional options, such as stocks and bonds. Among Gen Z and millennial investors with at least $3 million of investable assets, 28% named crypto and digital among the top investment opportunities. Viacheslav Bazyliev, a trading expert with vast experience both in the traditional stock market and in the crypto industry, who currently mentors and consults successful investors from various countries and has created a tool that is used by traders community all over the world, explains what this trend means for those who are trying to find the best investment course in the current market.
Throughout his career, Viacheslav Bazyliev worked leadership positions, such as Head of Trading Desk, Securities Trading Specialist, or Stock Trader in several companies, playing a significant role at the Ukrainian financial market, including Phoenix Capital, Initiative Investment Company, Adamant Central and others. His ability to recognize and predict even the subtle changes on the market helped these companies to grow under his leadership. In addition to that, since 2016, he has started to actively participate in the crypto market and blockchain technology, combining his deep knowledge of the traditional markets with the exploration of new investment assets. Currently, he works as a consultant and a mentor, helping his clients to find new investment opportunities.
“While the traditional trading environments aren’t going anywhere and still retain their appeal for many, to maximize your profit, you need to stay on top of trends. It is useful to keep a practical approach: when a new technology, such as blockchain, emerges, you need to think about its real-world consequences and applications, as well as the profits and risks it brings to the table.”
While many investors still remain wary of the cryptocurrency and other alternative forms of investment, considering them inherently risky, they become more widely accepted as an investment asset, along with clearer regulations in many countries. However, venturing into the crypto world can lead to losses if the investor lacks an understanding of the crypto market specifics. This is why Viacheslav Bazyliev finds it crucial to educate clients he consults as well as general audiences, providing them with the right tools to make informed decisions in the modern markets. He participated as a speaker at several blockchain-themed conferences, including the Ukrainian Blockchain Day, the Blockchain and Bitcoin Conference in Moscow, and the Blockchain Conference in Kyiv (all during the year 2018). He also regularly publishes investment advice and comments on the actual trends of the crypto market on his YouTube channel, currently surpassing 65k subscribers. To this moment, over 100 000 traders learned to apply his trading system in practice, with 1500 of them being professional traders. His trading system is protected by patents and is presented in various form, from general investment advice at Viacheslav’s YouTube channel to personal consulting or mentoring. There is one more difference between traditional investment and the crypto market which is worth noting: due to the generally higher volatility of the latter, the requirements for the personal traits the trades should possess change significantly. However, his approach helps people with different backgrounds and personal traits find the trading method that is suitable for them and turn trading into a source of stable income.
“If you have a stock market background and start trading cryptocurrencies, there are certain habits you will need to unlearn,” explains Viacheslav Bazyliev. “For instance, crypto trading often demands higher risk tolerances and quicker decision making, and this is part of the skill set I teach my clients.”
He mentions that, while crypto trading may seem overwhelming for an inexperienced trader, there is nothing anyone cannot learn, by applying dedication and honest effort. Within the last 6 years, Viacheslav personally mentored and trained over 1000 clients, helping them gain stable profitability and multiply their starting capital, in some cases more than 10 times within the scope of one to two years. The secret of such a success is the more accurate and rapid decision-making based on Viacheslav’s analytics and support.
As you can see, to conduct cryptocurrency deals successfully, you also need to find reliable information sources, as the tools you are used to may be less effective in the rapidly changing environment. Answering this demand, Viacheslav Bazyliev created TradeFuck.com, a service that aggregates and analyzes the data from multiple liquid cryptocurrency exchanges, presenting them in a well-structured format. “I wanted to create a product which will be useful both for beginner trades and for seasoned professionals,” comments Viacheslav Bazyliev, “and several years after launch, I can confidently say that this goal was successfully achieved.” TradeFuck presents information in a clear and simple way, providing traders with a deeper understanding of the complex technical processes of exchange operations, which serves as a solid base for informed investment decisions. Currently, there aren’t any other tools on the market, which could provide the same amount of reliable and actionable trading data in a convenient and accessible form, useful both for beginners and seasoned traders.
Throughout the last decade, cryptocurrency turned from a fringe and risky asset to one of the mainstream investment opportunities. For anyone, who is considering becoming an investor or planning to diversify from traditional assets, learning the and outs of the cryptocurrency market is a must, especially considering its role will only grow in the future. While even experienced investors may be wary of entering the new and rapidly developing market, analytical and educational materials and services, such as those provided by Viacheslav Bazyliev, can help to tackle this early stage and provide a solid base for making a profitable investment.