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156: Michael Katz – Day Trader, Green Every Month, Talks Consistency, Strategy and Doing Size

Chat With Traders

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The Parallels Between the Dot Com and Cryptocurrencies

I'm very skeptical and, you know, I'm very short-term and done. The main difference is that in the dot com bubble, the move started on Wall Street,. And then when retail got involved, when the mom and pops got involved, they caught the tail end of it. But with the crypto world, what's going on is you have a lot of retail that's driving it initially. That's the only difference I see because most big firms are not going to want to put up a million bucks or 10 million bucks with some unknown exchange somewhere.

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