Daniel Schwartz is an author, senior executive and investor in sales, marketing, business development and management, with extensive contacts and relationships throughout Asia in many industries, through the intense networking and relationship-building he’s been doing over the past 20 years. As a co-founder of 3TNetworks, members and customers are empowered to build their wealth in both traditional and the emerging cryptocurrency arenas. His 3T networks is a phenomenal business opportunity for people want to learn and grow. 3T focuses on financial education in both cryptocurrency and forex product development, ICO consulting (an Initial Coin Offering [ICO] is the cryptocurrency equivalent to an initial public offering [IPO]), Bitcoin over-the-counter activities and personal development products and training to help customers and members grow. He personally has significant experience in training, selling and networking. Dan has developed seminars in all three of those areas as well as MC’d for international speakers and hosted a monthly news segment on Channel 3 TV Thailand.
“I like to talk about winning and learning, not winning and losing and take the emotion out. And if you really want to do your own trading and your own investing, do the research, get the information from experts.”
– Daniel Schwartz
Worst investment ever
Daniel had some friends who were making a lot of money working in the investment research advisory business for specialist companies who promoted penny stocks. They would receive commissions on when and how many stocks were bought. One of his friends would call him and say: “Hey, Dan, take a look at this company.” Daniel would read the very brief reports and buy around US$1,000 of stock at a time based on the little information provided and the recommendation of this friend.He doesn’t remember any of the company names because he feels that the brain likes to block out bad memories. Sometimes he would win, sometimes the prices would be stable, and sometimes he lost it all. It was an interesting experience, but he likens it more to gambling, because he didn’t really know what he was doing. On all those investments, he lost up to US$40,000 but he learned a lot. He says it was a very bad idea from the point of view of an investment decision to be playing around with penny stocks put forward by people who were earning commissions.
Some lessons learned