KURT WUCKERT JR.
KURT WUCKERT JR.
Check out our.
December 2018
Interview with
KURT
WUCKERT JR.
ABOUT KURT
Lead Fundamental Analyst
From Chicago, Illinois, USA
Kurt is a veteran entrepreneur in the supply-chain and marketing industries, as well as an experienced broadcaster in FM radio and a student of Austrian economics.
After years of studying economics and advocating for sound money, Kurt met Matthew in the Crypto Traders facebook group in summer 2017, where the conversations were robust on a daily basis.
Not long after the facebook group started, Matt, Kurt and a few others planned to create an educational course, group resource and a think-tank based on their diverse knowledge of trading, investing, business and economics. From that, Crypto Traders Pro was born in December 2017 so that the truly engaged could have a space from which to build the economy of the future!
When Kurt isn’t working with the Crypto Traders community, he can be found hosting bitcoin meetups, working at home with his wife, playing with the dog and cat (Whisky and Kicia), and he’s a coach on the legendary Alliance Jiu-Jitsu Team in Chicago.
Check out our.
December 2018
Interview with
KURT
WUCKERT JR.
How did you first learn about Cryptocurrency?
I was always a Misesean “gold bug” from the time I was in college. Ron Paul’s campaign in 2004 got me interested in “sound money,” and that pushed me into monetary activism against central banking. Sometime in 2012, people in the activist circles started telling me about bitcoin. I thought it was a digital fiat at first, but I read the white paper and did a bunch of research. I distinctly remember watching Andreas Antonopolous and Roger Ver on YouTube, and I went down the rabbit hole from there.
How did you first get into trading?
Well, I was an old-school “hodler” and was just dollar-cost-averaging for most of 2013, until the first big bull run. I decided to be a very passive swing trader and sold about half of my holdings before the 2014 crash. Then, I started swing trading and came up with a solid system through practice and some mentorship.
Was trading an instant success for you?
It sort of worked out that way, yes, but it wasn’t because I was good at it. I was lucky to join at the beginning of a major upswing and then sell about half of a big chunk around the peak, but it was pure instinct at that point. Since then, merely playing long-term trends and being patient and conservative has meant exponential growth for my portfolio.
What have been your best and worst trades so far?
My best trade was when I played 2 buy zones and 2 sell zones on EOS between 2017 and 2018. I bought EOS at $0.58 and sold for $15.00 each, then bought again at $5.00 and sold at $20.00. Overall, it played out across 6 months. My worst trade was buying Monero at $320 when there was Tether FUD in the news. I took Monero off the exchange and and price dumped hard. I played bounces to scale out, but it rough on the portfolio.
How does your background make you unique?
I’m friends with miners, developers, users, influencers and old school traders in the crypto space. I’m pretty well-known in the old activist circles, and I am only a few clicks away from a lot of the driving players in the markets. I get to hear how they think, and I get to influence the influential. I’m also very well educated on cryptocurrency game theory and network economics, so I am good at spotting a quality project early based on fundamentals. I was pretty early to the bitcoin game, but I was very early on Monero, Ethereum and Litecoin.
I am also a classic entrepreneur with experience outside of the blockchain universe. I have worked at a high level in corporate logistics, communications, marketing and high level brokerage of hard goods both domestically and internationally.
“ Trading provides business liquidity, but the actual utility of cryptocurrency is the secure, unstoppable and frictionless transmission of accumulated value. Don’t ever forget that all real value is derived from utility. ”
In terms of the work you do, what aspects are you most passionate about and why?
Mentorship and education! I love explaining high level stuff to newcomers and helping clarify why things make sense from an economics or business standpoint. The reason I love it is because the great cryptocurrencies are going to change the entire world some day, but most people have no idea what makes them tick. Bringing enlightenment and clarity is like mission work to me.
What do you consider some of your biggest professional and personal accomplishments?
I’m proud to have a successful interview series and podcast where I have interviews distinguished members of the cryptocurrency community. I’m also super proud to have said “NO” to all of the ICO money that was going around in 2017. Most importantly, I’m proud to have helped newcomers learn to trade for profit during the 2018 bear market! ntorship.
What do you like to do outside of trading and running Crypto Traders?
I have an awesome wife, and we do everything together. We can be found practicing Brazilian Jiu-Jitsu and MMA 5-6 days per week. We also like to travel and spend a lot of time outdoors.
What advice do you have for someone who wants to get involved in cryptocurrency?
Don’t buy anything without a plan! Cryptocurrencies are tools for businesses and individuals to create value in their lives and the economy. Trading provides liquidity to markets, but trading is not the primary use for crypto! Build a business that accepts your favorite coin for payments or uses it for infrastructure! Vision, hard work and wealth are bedfellows.
