Thomas Kralow is a hedge fund manager, mentor, and experienced trader in cryptocurrency with CPD (Continuing Professional Development) accreditation. He has a program called University Grade Trading Education and offers training in trading psychology, understanding of financial markets and money management.
As you’re reading this, you’re probably wondering whether or not trading cryptocurrency is a legit thing. I mean, everyone knows that you can buy and sell cryptocurrency, but can you actually trade cryptocurrency like you would with stocks on various stock exchanges?
Before we answer that, let’s take a look at some of the reasons why people would get into stock trading.
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- High Returns Potential: One of the main reasons why some people consider stock trading is that you can make decently high returns on your money given that, over the long haul, stocks have had better ROI than bonds or even savings accounts. With this potential, wealthy investors have looked at stocks as a quicker way to grow their wealth than the traditional methods.
- Liquidity: With stocks, you typically can get your money out much quicker than you would if you were invested in real estate or CDs. For example, if you need to get money in a hurry, you could take a hit on the price of your properties or pay a huge penalty for cashing out your CD too early.
- Diversification: In the stock market, you have the ability to spread your money out over a wide range of investment sectors. This basically allows you to avoid a lot of the risks involved if any given industry represented in your portfolio shows poor performance. This practice also helps you stabilize your returns over a longer period of time.
- Accessibility: With all the different trading platforms that have sprouted up over the years, they have “democratized” access to the trading markets. Democratize is just a fancy word for making something available to a larger group of people. Nowadays, all you need is an internet connection and a decent amount of money to open a trading account and you’re off to the races.
- Control and Flexibility: By trading stocks, investors typically have better control over their money by making decisions based on their view of different markets, the performance of a company, and economic indicators. Also, with access to different trading strategies (ie, day trading, swing trading, long-term investing) in global markets today, investors can focus on their own trading style so that they’re more comfortable taking certain risks.
Now, given what we know about stock trading, can we apply the same thing to cryptocurrency trading?
That’s what we’re going to talk about in this Thomas Kralow Review and see if you can actually make money with what he teaches.
What I’d like to do in the next few minutes is answer some common questions about Thomas, see what other people on the internet are saying about him, and then suggest something that I believe has a better chance of making you better returns on your money.
So, let’s get the ball rolling…
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Who Is Thomas Kralow?
Thomas Kralow is a Latvian-born self-made millionaire, entrepreneur and trading coach with a specialty in cryptocurrency. In 2013, he graduated from Florida International University in Miami with a degree in business management, marketing and support services.
Now, to hear Thomas Kralow tell it, his trading career got kicked off in 2009 when he was about 15 years old when he crossed paths with a trading mentor in New York. After about 4 years of taking loss after loss with futures, he finally hit a winning stride when trying his hand at stock trading.
In 2022, he started up a Youtube channel called The Kralow Trading show where he mentors people from all different countries and backgrounds.
It’s rumored that Thomas has a net worth of $50 Million and currently lives with his wife Sofia in Dubai, UAE.
If you would like to follow Thomas Kralow, here are a few of his social media channels…
- Instagram: 1.3M Followers
- Youtube: 453K Subscribers
- X (Twitter): 88k Followers
What Exactly Is Cryptocurrency Trading?
In a way, cryptocurrency trading is like stock trading in that you speculate when and if the price of any given stock will go up or down, then you try to capitalize on those fluctuations. But instead of using normal currency, you use digital currency like Bitcoin.
It basically works like this…
- Price Speculation: You use a CFD (Contract For Difference) trading account to speculate whether or not the price of cryptocurrency will rise or fall.
- Leverage: By leveraging money, you can borrow more than you actually have so you can make more trades. But this is risky, because if you lose, then you’ll owe more than you can pay back.
- Buying and Selling: You’ll need an exchange account and real money to buy crypto and keep them in a digital wallet before you sell them.
- Markets: No one specific entity controls cryptocurrency since it’s spread out over a large computer network. Given this, prices fluctuate based on how many people decide to buy or sell their crypto coins.
- Risk Management: The prices of cryptocurrencies fluctuate a lot, so you need to be wise and not trade more than you can stand to lose.
What Are The Thomas Kralow Trading Courses And How Much Do They Cost?
Thomas has 3 different programs with various price points…
- Self-Paced: This trading course has 8 modules with video lessons that goes over Forex and Crypto. It’s designed for people who are self-starters and costs $2,170 for 90 day access.
- Mentorship: This is a 6 month chat-based course for $2,870 where you’ll have a trainer checking your progress. You’ll also get stock and long-term investment training.
- VIP: This whole program will last 9 months that contains everything from the two previous courses, but you’ll be able to communicate with your trainer over zoom. The cost is $5,870.
What Do People On The Internet Think?
For the most part, Thomas Kralow has some good reviews on the internet with a 4.3 star rating over 283 total Trustpilot reviews, but others imply that they are short and useless courses. Here are some of the things people have said…
Positive Reviews:
Bogdan Andrei says that this is the best place for crypto coaching, says that Thomas and his team are always there to help you, and thanks Thomas for the Youtube videos, signals and livestreams.
Negative Reviews:
Akos says that the World of Retrodrop with Bot is false advertising. He goes on to say that it cost him $8,000 and was conducted by an 18 year old named Sasha. Ultimately Sasha was overwhelmed by student questions and the chat was closed soon after.
Are There Better Ways To Make Money In 2024?
First let me say that I don’t think that Thomas Kralow is a scammer or that his courses aren’t legit, because clearly he’s got a great deal of satisfied customers according to Trustpilot.
The main thing for me is that trading stocks is so volatile, and I would expect that trading cryptocurrency equally so.
Of course, that’s not to say that you can’t make money with either, because I have… at least with stocks.
My issue is that there are so many moving pieces and pitfalls for you to step into, and you’re gonna have many more losses than wins.
Now, sure that one win can probably make up for all the losses, but that’s not a guarantee.
This is why I prefer Digital Leasing over trading digital currency.
With Digital Leasing, you can create digital assets that you totally control and make anywhere from $500-$2000 per month in passive income.
The best part is that you can duplicate your income by easily creating more assets.
If you’d like to learn more about why Digital Leasing is the best option, just click the button below.
