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Ep. 568: Steve Burns Interview with Michael Covel on Trend Following

Michael Covel's Trend Following

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The Long-Term Effect of Bitcoin on the Market

I think the long term effect though for everybody, but some people are. If you're in Bitcoin right now and you don't have an uncle point, you'll never get out with your profits. I think that's going to be the next success. Apple went from 200 down to 70 before it went on to go up to 600, 700. So if people that don't have a exit strategy, which I did, didn't make it, didn't get their money out, I could have actually blown up if they're using options or margin.

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