In the 90s I had a really big portfolio of internet and telecommunication shares. With these I attained heights, but also suffered lows. Afterwards I floated my own tech shares. In my third career stage since 2016 I have been engaged intensively in trading cryptocurrencies and investing as VC in the blockchain sector.
What training do you have in finance, have you successfully obtained particular qualifications?
I am self-taught. I have been involved with equities for more than 30 years. In the course of which I have gathered a whole lot of images in my mind. For example, what a crash looks like and how you meet it. And these images constitute the experience which I bring and attempt to contribute to Follow MyTrader.
What led you to become engaged in the capital markets?
I really come from the technical side. And if you look at blockchain technology from this angle, you see very quickly the huge potential which exists in the digitalisation of assets, which can then be exchanged as tokens via the blockchain. You must benefit from this development. One way is the trading of cryptocurrencies.
Why are you at Follow MyMoney?
The future belongs to social trading. Over the last two years I have been one of the most successful crypto traders on one of the biggest social-trading platforms world-wide. Follow MyTrader is a German facility with a great outlook, not least in crypto trading and trading of digital assets. I have had the chance to take part in it. And here I am!
Your target return?
In a good crypto-year, such as 2021, performance should lie firmly in the three-digit percentage range. And in a bad crypto-year the losses should be low. So, over the years, a great result emerges.
What particular recommendation would you give your followers?
If you are going to follow me, it should be consistently over a period of two to five years. Nothing else makes any sense.
„If you look at blockchain technology from the technical side, you see very quickly the huge potential which exists in the digitalisation of assets. You must benefit from this development.“
Basically I hold my crypto-positions for a very long time (HOLD). I try, however, not to pick up on the really big negative movements. I do not go short on principle and I do not buy with leverage.
My focus sectors
My focus markets
Experience and patience.
Trade with the stars
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Follow MyMoney is a product from FELS wealth GmbH, a FELS Group GmbH subsidiary company. The FELS Group GmbH is a fintech company based in Kelkheim near Frankfurt, Germany. It has developed software that enables clients to easily and directly implement strategies from external and independent investment professionals, using their own securities account at their bank. This is made possible by an online financial platform on which select traders and investment professionals post their strategies and investment suggestions for clients. Clients receive these suggestions as a push service, by SMS or e-mail, and can follow them directly and in real time.
The provider of the investment services in accordance to section 2 German Securities Institutions Act (WpIG) is FELS wealth GmbH, Dieselstraße 2, 65779 Kelkheim. FELS wealth GmbH has a corresponding permit from the Federal Financial Supervisory Authority (BaFin) in accordance to section 15 German Securities Institutions Act (WpIG).
You should ensure that you have the risk appetite, relevant experience and knowledge before you start trading. Using the Follow MyTrader service entails risks to your capital. Amongst others, there is the risk of following traders whose ultimate purpose, or financial status, differs from yours. A Star Trader’s past performance is not a reliable indicator for his future performance. Detailed information is included in our Risk warnings document (only available in German).