A Path to Success in a Volatile Market: Viacheslav Bazyliev Discusses the Key Principles for Becoming a Successful Investor

Compared to a decade ago, when cryptocurrency was perceived as a fringe technology, more investors and public institutions now consider it a valid investment option. According to a recent publication by Yahoo Finance, national governments hold over 567,000 Bitcoin in total, with the US, China, UK, and Germany taking the top positions. National and local governments have started to pursue crypto as a valid investment opportunity that can complement more traditional options.

This fact illustrates a wider trend: to manage an investment portfolio efficiently, it is not enough to operate traditional financial assets anymore, as cryptocurrency is becoming an integral part of the financial market. Viacheslav Bazyliev, an experienced expert in trading and finance with over 15 years in positions such as Specialist of the Trade Department, Chief Stock Trader, and Head of Trading Desk, shares his insights on the key principles that anyone aiming to build a resilient and future-proof investment portfolio should consider. With a profound understanding of both traditional markets and the rapidly evolving crypto sector, Viacheslav has consistently demonstrated his ability to navigate complex financial landscapes.

Throughout his career, Viacheslav Bazyliev has developed a flexible approach to spotting investment opportunities that allowed him to identify market trends and capitalize on them. He notes that an important element of his success was understanding his strengths and working on developing them further. This approach proved itself effective as early as the beginning of his path as a trader when he worked as a Junior Trader at the “TASK Broker” investment company which was one of the prominent investment companies in the Ukrainian market at the time. His analytical skills and the ability to identify sequences in price dynamics allowed him to become the top trader in the company in terms of profitability, raising him to the leading trading position.

He attributes his success partly to his over-a-decade-long career as a professional chess player, which brought his analytical skills to a new level and taught him to prepare for multiple scenarios. This example demonstrates that even the skills and knowledge that are not related directly to trading can play an important role, and the trader with a wider and interdisciplinary set of skills will have an advantage. His first successes jump-started his career, and in 2009, he became a Chief Stock Trader at Phoenix Capital, a company that played a substantial role in the Ukrainian market at the time, often getting close to the top positions in the trading companies rankings.

There he helped his company seize a major opportunity, securing a deal with a total value of more than $22 billion and bringing the company over $10 billion in profits. Since 2013, he worked at the Ukrainian Ministry of Revenue in the position of Chief Inspector Auditor of Legal Entities. Similar to many of his colleagues from the investment sector, he decided to work in the public sector to improve the business climate and the situation in the country. While he worked for the Ministry of Revenue for less than a year, his involvement had a positive impact on the country’s financial system.

The changes the market has undergone in recent years highlight the demand for another characteristic a successful trader needs to possess: the ability to combine traditional stock trading with emerging crypto assets, getting the best of both worlds. Viacheslav Bazyliev implemented this approach in his independent entrepreneurship activities, and later in mentoring and educating his clients in traditional and crypto trading.

He created a trading analytics system that allows its users, beginners and professionals alike, to get assets to the unique representations of market data and trends insights, providing them with the basis for informed trading decisions. Throughout his career, he garnered diverse trading experience, working both at government entities and private companies, which provided him with a unique understanding of the current state of the market. He states that one of the important things he learned is to be constantly on the lookout for emerging trends and technologies.

Earning the award at the Best Business Awards 2022 in the “Best Financial Market Expert” category became another testimony to his success. Best Business Awards is an international award that celebrates the most impressive achievements of organizations and individuals in various segments of business and investment. Its jury board consists of entrepreneurs, company founders, IT experts, and creative industry leaders, representing the diverse and multifaceted nature of modern business. The award gathered over 2000 participants and included over twenty nominations in various areas and domains.

However, Viacheslav Bazyliev didn’t want to stop on what’s been achieved.  He started studying the crypto market in 2016 when crypto adoption was still in its early stages, and these efforts surely paid off in the following years. What was initially an exploration of one of the many market opportunities grew into one of the main areas of his current work. In 2018, he started a collaboration with Cryptominds, a project that aimed to educate new crypto traders, and created his online and offline trading education groups.

Currently, his YouTube Channel dedicated to trading advice has acquired over 65 thousand subscribers, with the top videos having over 150k views. His insight has played a positive defining role for many traders worldwide, providing them with not only instant trading advice but also with the tools to better understand the market.  “To become a successful trader, you need not chase trends but spot them in the very beginning,” he concludes. “This way, you will be able to use them to your advantage in the most profitable way.”

One more integral part of successful investment is establishing the right attitude towards technology when the investor reaps the benefits of automation but avoids over-relying on them. Automated tools, such as various solutions for algorithmic trading, continue to expand their presence both in stocks and crypto investment. They experience a new boost due to the recent advancements in AI technology. However, Viacheslav Bazyliev notes these tools cannot replace human knowledge and understanding of the market’s workings. “Over-reliance on automated tools can lead to significant losses, especially on the market characterized by a high volatility.” he adds, “The final decision remains for the investor themselves, as they must stay in control of their tools.” Such an attentive and proactive approach helps the investor to spot unexpected opportunities and use them to their advantage.

Currently, Viacheslav Bazyliev aims to provide beginner investors with the tools that will help them to use various analytical tools for their benefit. In 2019, he launched TradeFuck, a service that provides analytics for major crypto exchanges such as Binance, Kraken, HitBTC, and others, based on the original patented method of evaluating market orders. The service can be used in several modes, from focusing on the most important data to meticulously studying current and historical statistics on major cryptocurrencies. It provides thousands of traders with a unique way to analyze trends, get an integral view of the crypto market, and spot the opportunities they can use to their benefit. Viacheslav Bazyliev managed to create a successful analytics service and to establish a community of traders, with lots of useful educational materials, support, and advice.

Viacheslav Bazyliev notes that in the current market situation, it is important not to focus on the sole asset type, be it established cryptocurrencies, lesser-known crypto coins, or more traditional stock assets. During the last six years, he mentored over one thousand clients, teaching them his approach to trading, with some of them multiplying their starting investment over ten times thanks to it. His career is a living example of what qualities one needs to be successful in investment and trading, and it surely becomes an inspiration for others, demonstrating what one can achieve through developing analytical skills, learning with dedication, and proactively staying on the lookout for the best opportunities.

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