At 25 years of ages, Australia Tax On Cryptocurrency Etoro … I discover myself excited to explore new opportunities for financial development and make my mark on the planet of investing. One platform that has stimulated my interest is, a vibrant and easy to use platform that offers a range of investment opportunities, including cryptocurrencies. Join me as I take you through my very first experience with Etoro, sharing the highs, the lows, and the lessons I learned along the way.
As I embark on my journey to generate income on, the first step is registering on the platform. I check out the main website and rapidly locate the “Sign Up” button. The registration procedure is straightforward, needing fundamental personal info and a preferred password. Enjoyment constructs as I click the final button and formally end up being an member.
Navigating the User interface:
Upon logging into Etoro, I am welcomed by a streamlined and intuitive interface. The platform’s style immediately puts me at ease, as it is simple to navigate and aesthetically enticing. I spend a long time checking out the different sections, from the watchlist to the trading markets, familiarizing myself with the offered features and financial investment alternatives.
Learning the Ropes:
The platform provides a variety of educational resources to help newbies like myself get up to speed. Armed with newfound understanding, I feel more confident in my capability to make educated investment choices.
Copying Effective Traders:
One function that immediately captures my attention is’s distinct social trading aspect. I check out the “CopyTrader” functionality, where I can pick to follow and immediately duplicate the trades of effective financiers on the platform. This function not just offers an important learning experience but also permits me to potentially gain from the knowledge of experienced traders while I establish my own trading skills.
prior to we kick things off I just wish to state that the material that will be gone over on this area is intended for information on instructional purposes only and should not be thought about Financial recommendations all right so in light of global ladies’s day I’m signed up with by an extremely special visitor Julie Lee and for those that you don’t understand who Julia is Julia is an ETF equities investment strategist at phase 3 Global consultants and she has over twenty years experience in the monetary markets and has operated in various roles consisting of CIO for Australia equities fund and Equity strategist at Bell direct for 11 years and Julia is also on the board of directors for the Australian stock Brokers structure and has our masters of organization in financing and Julia thanks so much for joining me today we are delighted to have you here such an enjoyment anticipating it I am what amazing career that you have actually had more than the last twenty years um it’s rather impressive however perhaps it’s best that you present yourself and inform us a bit about who you are and what you do and I think you can do a much better task than I can sure so um I’ve been in finance now for over 20 years
I am a little bit of a geek um I believe in my earlier years I was absolutely an introvert but I would need to say of him quite an extrovert now but I’m likewise rather independent also um I am rather strong-willed which makes it a little bit difficult for hubby often but I I do enjoy the marketplaces and I do love learning as well so I’m a bit of a reader I like numbers and I think I’m a little bit of a late bloomer also I think yeah yeah and to the point that you’ve mentioned that you’re an introvert and how I think I was an introverted shy yeah obviously you’re you’re now an extrovert but how did you how did you shift between that and you’re rather you’re put continuously out there putting yourself out there how did you shift in between that
sure I think one of the things that people ask me or or get talked about a fair bit is that I seem to be a natural speaker that I’m quite good at public speaking but that certainly was not constantly the case and it was a found out skill for me so whether it was the um getting over the nerves part or the part around body movement or even called The Positive walk I believe all of those were um sort of taught skills so it certainly wasn’t something that came naturally to me and I worked extremely hard I think to get that ability of being able to speak um and I think one thing that made a very big impression on me for someone who was late Blue Moon introvert and relative actually shy in my younger years was that everyone deserves to speak so to be able to express yourself in a manner that people understand I believe was rather crucial to me and um I guess that’s why I operated at the school and ideally I am much better at it now than I was when I started off I would certainly say so um and how did you can you tell us a little bit about how you began in um Financing like why did you select a profession in financing and what was the the very first point of contact in the monetary world existed a parental impact or was this something that you were just always thinking about I would like to state that you know I always knew what I was going to do which was Financing but that was not the case at all I can come back when I started working it wasn’t.
uncommon just to fall into your profession for me I actually wished to be an attorney from the time I was about 7 years of ages but at the time that I went to UNI there were a lot of legal representatives that the joblessness rate with law was so high that you had to do a double degree um so that was sort of 5 years of a double degree plus an extra year of law school and after that three years practicing as a lawyer and I thought oh that sort of sounds like an extra 10 years so I in fact went and ended up studying organization at UTS so um similar to a Commerce degree um but throughout uni I um I worked at an Italian dining establishment and then I tried to open an Italian restaurant and to do that um I had to secure a loan with a NAB and truly I required to pay back that loan when it didn’t exercise so um I I saw an advertisement in the paper and it stated do you want to be a stock broker and I thought oh yeah that sounds respectable yeah we’ll give it a go we’re here we go and um you know I was lucky in that sense because I I do enjoy the work I love having the ability to comprehend businesses and to operate in a market where you’re constantly having the ability to keep up to date with what’s occurring in the world what’s taking place in regards to improvements in innovation or biotechnology and science I believe is an amazing thing so I like to read it and I never have a lack of stories to check out when it comes to the marketplaces yeah fantastic and between transition from oh I may want to be a stock broker how did you end up being state inequities financial investment strategist how did that take place um existed.
did you work your method up to a certain position or did you just use and after that start from there like how did that take place sure so um I think when it pertains to the financing world you sort of start everyone starts at a base level and then you move into the location that you have an interest in my area of interest is constantly markets and I took the view that um you know when I started I didn’t wish to just um just sort of I think sell something that I was initially involved in so I made a huge effort to walk the walk and talk to talk which indicates anything that I was speaking about I I made the effort to in fact trade myself or invest in myself also and I began in financing with the view that you understand in any occupation or in any occupation it typically takes you about two or three years of finding out to understand the lessons included and what was taking place because type of world so I I started an investment diary with the view that um you understand I wished to find out as much about investing as possible in a sort of two to three amount of time so in that amount of time I sort of gave myself or I enabled myself the opportunity to lose money as I thought to myself for the two to three years um that the the objective wasn’t to make as much cash as possible but the objective was to find out the skill of being able to generate income so that I can use it for the rest of my life so that was a great duration for me and I I found out a lot of lessons I explored basic analysis technical analysis understanding companies taking a look at industry analysis I also took a look at things like options trading which is a lot more risky however that was a terrific period where I I sort of laid the foundation of going into Equity strategy which I actually do take pleasure in and the factor I take pleasure in being an equity strategist is I like comprehending cycles and how that impacts on various businesses and the various.
organization environments as well so um yeah it’s been a a long journey however one I I have actually certainly um enjoyed so I have actually gone from presenting um things like fundamental analysis technical analysis tax reliable investing choices to directing an essential analysis system where I got to travel a lot to the US and then I moved to Bell direct where I was Equity strategist there for 11 years and then transferred to do my own funds management organization birming invests which I sold in June and now here I am at State Street Global advisors and equities strategists for the ETF location well fantastic um during that duration when you mentioned um the two to 3 years of learning how did you discover that your self-confidence was at first versus after the three years and how did you find um the resources to uh inform yourself like nowadays we have podcasts um I’m sure like before then we didn’t have too many resources readily available as we do now and was it through books or uni.
I take the time to set clear financial investment goals and establish a threat management strategy.’s platform provides tools to assist me keep track of and adjust my threat tolerance, making sure that I make determined choices lined up with my financial goals.
Among the most exciting aspects of is the capability to track the efficiency of my financial investments in real-time. The platform uses comprehensive analytics and portfolio insights, allowing me to keep track of the development of my trades and make modifications as needed. This feature offers invaluable feedback, enabling me to refine my trading techniques and enhance my performance with time.
The Psychological Rollercoaster:.
Investing, especially in the fast-paced world of cryptocurrencies, can be a psychological rollercoaster. The enjoyment of a successful trade is tempered by the frustration of a loss. Throughout my journey on Etoro, I learn the significance of keeping a level head, managing my feelings, and avoiding impulsive decisions based on short-term market changes. Persistence and a long-lasting perspective become my directing principles.
My very first experience with has been a thrilling and educational journey. From the initial sign-up process to exploring the platform’s features and making my very first trades, I have actually acquired important insights into the world of investing and cryptocurrencies.’s easy to use interface, academic resources, and social trading functionality have provided me with a solid foundation for my financial endeavors. As a 25-year-old aspiring financier, Etoro has.