Ep. 335: The Bitcoin Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Future of Cryptocurrencies
I think people are more excited about Bitcoin when the value of Bitcoin goes up. You typically don't want currencies to appreciate or depreciate, right? It just happens to be one of those assets and currencies. So that's what I actually tell people. If you want stability, you might buy the US dollar because that's typically what we store our money in as a US dollar. We were huge fans of Bitcoin, but we trade Bitcoin because we're speculators and we believe it is going to go up.
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