\u201cThe best way to become successful in online trading is to take chances at the right time as well as investing in the right products,\u201d says CMTrading\u2019s Daniel Kibel.<\/p>\n
Jeff Bezos, Elon Musk, Richard Branson… the world’s richest have recently set their eyes on the final frontier \u2013 space.<\/p>\n
Is this merely a hugely expensive version of one-upmanship among the world\u2019s richest individuals, or could space tourism eventually take off.<\/p>\n
More importantly, are there opportunities for local investors?<\/p>\n
CMTrading CEO, Daniel Kibel, answers these questions and more and shares advice for traders.<\/p>\n
If you take a look at these individuals; Bezos, Musk & Branson, they\u2019re people who have always taken risks.<\/p>\n
They\u2019ve seen opportunities in the market, considered the risk and made a huge success of it.<\/p>\n
It\u2019s akin to some of the successful traders with CMTrading.<\/p>\n
Now, they want to invest their money in something else.<\/p>\n
You can call it a \u2018billionaire’s plaything\u2019, yet they want to take risks by going even further and eventually taking people into space.<\/p>\n
It\u2019s important to note that these are the individuals who succeed, the ones who take chances. It\u2019s not that they gamble, but they make informed decisions with calculated risks.<\/p>\n
Risks that others might shy away from. It\u2019s a lot like trading; those that take the risks – as long as these risks are calculated – are the ones that end up making the most money.<\/p>\n
Enjoy superior trading conditions with an award-winning broker<\/strong><\/a><\/strong><\/p>\n People in general tend to flaunt their wealth and space tourism is like any new fad on the market – everyone with the means will want to get in on it.<\/p>\n The potential is there and I\u2019m sure it will eventually take off, but as to when and for how long it remains to be seen.<\/p>\n Like any industry, it will need to be supported by primary and secondary businesses.<\/p>\n In this case, there would need to be sufficient infrastructure to support it.<\/p>\n Eventually, I believe you would be able to invest in aerospace and space transportation companies such as SpaceX, which will one day shuttle people off to the moon and beyond.<\/p>\n Trade the EASY WAY \u2013 sign-up today<\/strong><\/a><\/strong><\/p>\n To be completely honest, the short answer would be a firm “no\u201d.<\/p>\n I believe there are much better things to do with your money, even though I understand these individuals have worked hard for their money and they can afford to be taking high risks.<\/p>\n If I had that sort of money, I absolutely would invest it further to make it up to their level.<\/p>\n Billionaires have a lifestyle that very few people will be able to enjoy in this lifetime.<\/p>\n It\u2019s a lifestyle that most of us can only dream of. However, some individuals have taken chances in the market.<\/p>\n Whether it was through online trading, as most of them do, or by investing in their businesses, they all took chances in the market.<\/p>\n The only way to become truly successful is to take chances at the right time and invest in the right products.<\/p>\n The majority of high-net-worth individuals made their fortune by investing their time and money in the right products.<\/p>\n What we\u2019re offering at CMTrading<\/strong><\/a><\/strong> is an opportunity to get your foot on the ladder. Invest, start making money and hopefully, with the market as volatile as it is at the moment, there’s a lot of profit to be made.<\/p>\n Don\u2019t go into this with your eyes closed. Understand that trading poses risk with a huge potential upside.<\/p>\n Now is the time to get involved with the markets; volatility is what creates opportunities in the financial markets.<\/p>\n Choosing the right stock can be daunting for beginners. Follow expert traders and copy their trades automatically using CMTrading’s<\/strong> CopyKat Trading Platform.<\/strong><\/a> When they profit, you profit.<\/p>\n Discover more opportunities with an award-winning broker. Join CMTrading, the largest and best-performing broker in Africa.<\/p>\n Follow CMTrading on Facebook<\/strong><\/a><\/strong>, Twitter<\/strong>,<\/a> and YouTube<\/strong><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" \u201cThe best way to become successful in online trading is to take chances at the right time as well as investing in the right products,\u201d says CMTrading\u2019s Daniel Kibel.<\/p>\n","protected":false},"author":57,"featured_media":510608,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[15959],"class_list":["post-510602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-cmtrading"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/510602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=510602"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/510602\/revisions"}],"predecessor-version":[{"id":510616,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/510602\/revisions\/510616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/510608"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=510602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=510602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=510602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Do you think space tourism could take off? <\/strong><\/h3>\n
What investment opportunities will Space Tourism offer? <\/strong><\/h3>\n
If you could, would you join them? <\/strong><\/h3>\n
Is it possible to achieve what these billionaires have? <\/strong><\/h3>\n
Any advice for South African traders? <\/strong><\/h3>\n
Not sure which stocks to trade?\u00a0\u00a0 <\/strong><\/h3>\n