Rebel Traders 027 : Bitcoin, Blockchain and Cryptocurrencies

Bitcoin is through the roof then crashing, many alt-coins are a roller-coaster and all the champions and neigh-sayers are locked in an immortal battle for the future of finance. What’s right? What’s wrong? What’s left? and what the hell is going on?

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So, Bitcoin has skyrocketed from $1000 to almost touched $20,000 before losing 30% in just a few days and everyone and their grandmother is talking crypto this and crypto that… Everyone is suddenly an expert in cryptocurrencies and it has cemented itself in the heart of every get-rich-quick scammer, network marketer and hype merchant.

However, what is fact, what is fiction, is Bitcoin in a bubble? Is it crashing? Is it a currency? Is it an asset? or is it a pipe dream? And does Block-Chain really have the ability to disrupt not only the finance industry but many other industries as well? Well, in this special edition of the Rebel Traders Podcast, Sean and Phil get to the heart of the matter and it’s going to be interesting, to say the least…

Note: This was recorded before the large correction over the period from Dec 17th to Dec 22nd and we discussed that is a supplemental “Bonus” show called Chewing the Fat here: https://tradecanyon.com/ctf2

3 Key Takeaways From This Show

Be aware of the environment and forces and flows at work in any asset class you are considering investing or trading in.
Know what makes an asset or a currency and where your cryptocurrency actually falls.
Cryptocurrencies are very volatile instruments and they are in their infancy and should be considered very high-risk investments.

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