Thomas Austin Preston, better known as Amarillo Slim, is a famous poker player who has made a fortune playing the sport. With massive wins such as the 1972 World Series, he has made a name and has built a fantastic career for himself. Because of his massive success in both poker and business, Amarillo Slim is the talk of investment and opportunities. These include claims that he has invested assets into cryptocurrency and rumours are circling that he is a Bitcoin bull, advocating platforms on which to trade the digital currency.
Has Amarillo Slim really invested in Bitcoin?
However, after investigating these claims, we have found that the rumours appear unfounded. Anywhere that claims that Amarillo Slim is a Bitcoin trader is spreading false news. The poker player is yet to release a statement confirming or denying any claims that he has any Bitcoin investment. Owing to Bitcoin’s anonymous nature, it is possible that he has invested in cryptocurrency and has not disclosed the information, but this cannot be confirmed without his own clarification.
What can be confirmed, however, is that Amarillo Slim has never publically endorsed any trading platforms. There has been no public discourse where the poker player has released any statement offering trading advice or Bitcoin platform recommendations. The rumours, which include suggestions that he endorses platforms such as Bitcoin Rush and Bitcoin Mining City, are invalid.
Why do the rumours of Amarillo Slim and Bitcoin exist?
Often marketers will target users through the influence a celebrity might hold. By using Amarillo Slim’s name, fans and followers of the poker player will be attracted to the trading platforms if they believe he backs them and uses them himself. Moreover, because he has success in his finances, individuals who are looking to find their own financial success will follow his perceived footsteps.
Using clickbait headings, affiliate marketers will try to entice users to their platforms with false news and inaccurate information.
How to trade Bitcoin safely
To trade Bitcoin, the best piece of advice is to go small and learn as you go. When trading Bitcoin, the market can be inherently volatile and if you go in too heavy-handed with your funds, you might be risking your saving. Rather, start with a small amount of money and learn to trade, taking profit as you go and mitigating your loss by staying updated with market movements.
Another tip is to research consistently, especially if you are looking to trade altcoins. There are numerous projects in the cryptocurrency space that require funding and offer possible rewards. However not all of them re worthwhile your time and certainly not worth your assets. Do your own thorough research before investing and make sure that if you do invest, you keep an eye on your portfolio if you are managing your own trading.
What are these trading platforms?
The platforms associated with Amarillo Slim are automated trading platforms. These are websites that offer a platform for beginners and experienced traders on which they can buy and sell their cryptocurrencies using intelligent software and algorithmic data. The platforms take historic trends of cryptocurrencies to make trades on behalf of users to help them profit from the market movements. As the platforms are automated, users don’t need to watch the market or worry about emotional trading getting in the way.
The trading platforms are particularly popular for beginner traders who are still learning the ropes of cryptocurrency trading. This is because many of them offer features enriched for learning to trade, such as trial trading. The platforms also boast massive success rates, with users seeing up to 80% gains in their trading experiences.
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To invest is to put money into the hope of gaining some profit in the near future. Of course, there are many different investment strategies out there for investors to choose from; and the way you decide how to invest your money will depend on your strategy, your tolerance for risk, and what you’re hoping to achieve in the long run. In order to help you make the right decision for how to invest your money, here are a few tips.
Most common and conservative investment strategies are the ones that pay out per share. Per share investments give the investor the same potential gains as more risky investments without giving up all the profits in the end. So if an investor is willing to lose a little every month, he or she can still make per share a good choice because the losses are less compared to the gains over time. This is how many investors decide on how to invest their money; they simply do not want to lose any money, even a single cent.
Growth stocks, on the other hand, are those that generally go up in value over a short period of time. There are certain characteristics that attract long-term investors. One of them is the potential for gain, as most of these types are usually traded on stock exchanges. These stocks will generally increase in price per share over a period of time and are ideal for long term investors who are looking for a way to help grow their portfolio for the future.
There are many other forms of investment options available for investors. One popular option is bonds. Bonds offer fixed payments over a specified amount of time. An investor interested in making sure that he or she can get their money back after a specified amount of time may opt to purchase bonds. While these are generally safe investments, they are not ideal for growth investors because the returns tend to be low. Growth investors, on the other hand, invest for growth – to help grow their portfolio over time.
Another type of investment is buying real estate. Real estate investment can be ideal for those who want to get in on some of the profit created by property values. However, there are risks involved in this type of investment. As with any type of investing, it is important to educate oneself about real estate before making an investment. There are many different real estate investment strategies. The best strategy for an individual investor is dependent upon their goals for investing.
Investing, as a whole, has several advantages over other investment strategies. The advantages include the potential for generating income and growth, the ability to buy into assets at a lower cost than traditional methods, and being able to diversify one’s portfolio. By strategically investing, an investor can create a portfolio that will enable him or her to enjoy both higher price and higher income. The key to success is creating a solid investment strategy and knowing when to make an investment and when to move on to something else.