
Ep. 616: Bitcoin, Trend Following and Taking Losses with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Trade Bitcoin and Cryptocurrency
Don't fight the Bitcoin tape. Limit losses and ride profits, irrespective of all other rules. Don't be too curious about the reasons behind Bitcoin moves. The smarter you are, the longer it takes. There's no way to know the fundamental value of Bitcoin. You just have to follow the human behavior. That's why trend following works.
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Transcript


