Ep. 776: Getting Rich The Smart Way with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Specific Knowledge
The only way you should think about something like Bitcoin is if you have some specific knowledge, for example, how to trade momentum. Getting specific knowledge will feel like play to you, but will look like work to others. Labor leverage will impress your parents, but don't waste your life chasing it. Your objective should not be collecting people underneath you that you need to pay.
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