5- 📝Tutorials Section📝 / 3-❓｜novice-faq

Crypto/Stocks

Where can I learn more? The profs have spent months curating and expanding the tutorials and notes regarding each of their styles for investing. Go through them all.

Where do I start? / I don't understand anything We can give you the material, but only you can learn it... If you're new here, drink a shitload of coffee, go back and re-read the tutorials, all FAQ's, and read the pinned messages in all channels.

What is KYC? “Know your customer” This is the identity verification process that exchanges use to comply with Government regulations. If you're trading crypto, you'll need to disclose your identity at some point.

Do I need to show my identity to trade? Yes. For most exchanges, you will have to comply with KYC requirement in order to use their trading services.

How Much $ Should I have to start? If you choose any professors’ style and start with any amount of capital, $1,000 - $100 million, you will be successful just by listening to them, reading, absorbing what they say. However, if you NEED money to pay bills and living expenses (cashflow), Crypto is not for you. You need either a job or a side hustle to make you money while you invest. Cashflow generation is handled by the non-investing parts of this university.

Can I be a full-time day trader? “$50k start-up capital, 6-12 months living expenses saved, 24/7 availability” - @Michael G - Crypto

That’s the bare minimum for entry to be a full-time day trader. If you believe it can be achieved with less you are welcome to prove that rule wrong but the chances are very high you will be a whale’s exit liquidity (net-loser).

If you meet the above requirements, take Michael's scalping masterclass to accelerate you to full time trading.

My Friend(s), The media (Twitter), Other students, say I should “XYZ” Your friend is probably trash at trading/investing, Twitter and the media ALWAYS want to sell you out, and other students are STUDENTS; always be skeptical.

Should I use a VPN? Yes, its the safest method of accessing the internet. If you feel safe not using a VPN that is entirely up to you.

My Country isn’t Crypto-Friendly / How do I avoid taxes? Move country. HU2.0 does not condone lying to Government authorities, Financial institutions, or the evasion of taxes. . (edited)

06:49

I don't understand something the professor said? The professors will use advanced financial language to communicate their ideas, review the Common Crypto terms Cheat Sheet before asking for clarification: https://docs.google.com/document/d/1MFc2bitIWV9FzhnIdIdpzVwPlD3CKKpsx1ciWX8T_9k/edit?usp=sharing

06:49

. What is the difference between "Spot" & "Derivatives/Futures"? https://www.loom.com/share/8271cf5172904b1e966f960b88e3254d

FTX — Spot & Futures

How to find coins? / Where do I find 'xyz' token? / What is a token contract or contract address?

If the token isn't available on the exchange you're using... 1st, search for, and identify the token you're trying to buy at https://www.coingecko.com/

2nd, identify which 'market' the token has the most liquidity in (it will be at the top of the list).

The 'market' where you buy the token will either be a CEX (centralized exchange) or a DEX (decentralized exchange).

CEX's are ones like Binance and Coinbase.

DEX's are ones like Uniswap or Sushiswap.

Pros for CEX:

- It's easy to buy coins as you don't have to have your custodial wallet like Metamask

- Fiat on-ramp is simple

- Markets tend to be very liquid

- No gas fee

Cons for CEX:

- You can't connect to decentralized applications (dAPPs) like Aave or OpenSea

- You have to be ID'd

- You can't access some CEX's from certain countries

- Since you don't need custodial wallet you don't own your private keys

- New coins are not listed

Pros for DEX:

- Since you access DEX's with custodial wallets like Metamask, you can also access other dApps with the same wallet

- No ID needed

- You can access DEX's from anywhere

- You own your private key

- New coins are usually listed on DEX's first

Cons for DEX:

- More complex to buy a coin as you have to maintain your wallet and connect to dAPPs

- Not always easy to find liquid markets

- Some coins are only available on certain chains so money has to be bridged

- Fiat on-ramp usually happens through CEX

- On ethereum chain the gas price is super expensive

Please take into consideration all of the above before deciding where to buy.

Cryptocurrency Prices, Charts, and Crypto Market Cap | CoinGecko

How to find coins: Part II

You need to learn how to use CoinGecko and CoinMarketCap.

You will find information about 99% of the coins you wanna buy. Only the newest ones are not available here.

DEX list

These are the main DEX's for the main crypto blockchains. You will be able to buy most of the coins of the corresponding chain on these.

- Ethereum: Uniswap, SushiSwap

- BSC: PancakeSwap

- Avalanche: TraderJoe

- Fantom: SpookySwap, SpiritSwap

- Solana: Raydium, Orca

- Polygon: QuickSwap, SushiSwap https://vimeo.com/680767662

Finding_Coins

This is "Finding_Coins" by Hustler's University on Vimeo, the home for high quality videos and the people who love them.

Why we don't provide FOREX training? ⬇️ https://vimeo.com/683239082/fbc14e63ef (edited)

This is "HU2 FOREX.mp4" by Hustler's University on Vimeo, the home for high quality videos and the people who love them.

Congrats on completing the FAQ!