Words of Rizdom
Gary Stevenson: Bitcoin is GOING TO ZERO!
Feb 5, 2025
In this engaging discussion, Gary Stevenson, an acclaimed trader with a P&L exceeding $60 million, shares his unconventional views on the crypto landscape and the future of Bitcoin, insisting it might be headed to zero. He dives into the psychology of trading, recalling personal experiences from volatile markets. Stevenson offers a secret trading strategy touted as having a '99% success rate' and emphasizes the importance of economic understanding, warning against speculative investments. His insights on rising inequality and the influence of figures like Elon Musk add depth to the conversation.
01:52:04
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Quick takeaways
- Gary Stevenson emphasizes the importance of entering trades with high conviction, citing a 99% success rate when confident in market movements.
- He expresses skepticism about cryptocurrencies like Bitcoin, warning that they could drop to zero, likening trading to a high-stakes game.
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Appreciation for the Audience
The episode begins with gratitude expressed towards listeners, acknowledging their role in the podcast's rapid growth across platforms like Spotify and Apple Podcasts. The host emphasizes the importance of listener engagement, encouraging followers to rate the podcast positively, which can enhance its visibility and reach. This sense of community is vital for the show's success, contributing to its recognition as the fastest-growing podcast on both audio platforms and YouTube. Through their support, the show aims to continue providing valuable content for aspiring traders.
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