Are you ready for a thrilling journey into the world of crypto trading? Brace yourself, as we unravel the intricate world of digital currencies, discussing the importance of conducting your own research, the dangers of emotional trading, and the impact of external factors on your trading decisions. As we wrap up this season, we also present a ranking of our top three whiskeys and give you a glimpse of what's in store for the Baking Profits podcast next season.

Imagine stepping into the crypto space, armed with the knowledge and confidence to make smart trading decisions. We shed light on the emotional challenges of trading, the importance of having a strategy, and the power of small, consistent growth. We also touch on the significance of managing the noise in the crypto world and the benefits of maintaining a trading journal.

As we reflect on our journey so far, we extend our heartfelt appreciation for your unwavering support. We invite you to join us on our social media platforms and in our discord, as we continue this exciting journey together. With a promise of intriguing discussions, insightful perspectives, and a whole lot of fun, we sign off from this season, and look forward to returning with more engaging content next season. Join us, won't you?

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

Want to know the ins and outs of options trading and 401k investing? We've got you covered in this episode. We're getting down to the nitty-gritty of optimizing small accounts and discussing strategies like vertical spreads, condors, and butterflies. We also tackle the role a bear put spread plays in securing profits and dodging a pattern day trade hit. 

How about getting a fresh take on the rising tide of 401k investing? We're examining the evolving dynamics of 401k investments, pondering the impact of an increasing participation rate on traditional market cycles. We're also weighing the influence of accessible platforms like Robinhood, offering perks like a 1% match while making Roth IRA setup a breeze. With more cash streaming into the market, we question if we'll see the same 7-12% returns on the S&P 500, or if we're bracing for higher yields.

Join us as we delve into the generational divide in 401k investing. We compare a hefty savings account versus a 401k, and weigh the pros and cons. We also highlight the risks and rewards of day trading, penny stocks, and share our thoughts on the inflow of wealth and its sources, including a surge in 401k investments and burgeoning interest in cryptocurrency. Tune in to this illuminating discussion as we explore the complex world of trading and investing.

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

Ever felt blindsided by the market's response to unpredictable news? We've all been there! Join us, Mike and Brad, as we unravel the intricate relationship between news and technical analysis, drawing on instances like the recent XRP news and the hypothetical scenario of Elon Musk stepping down as Tesla CEO.

But that's not all! We journey through the evolution of the internet, from Web 1.0 to the promising Web 3.0, and debate how AI can be a game-changer for financial markets, trading, and even our society. As we traverse this digital landscape, we approach the conundrum of false news dissemination in an AI-driven world and the possible manipulative power of AI in shaping narratives. We also delve into the intriguing world of digital residency and crypto-friendly nations, assessing their potential impacts on the economy. 

We conclude our exploration by unpacking the concept of Satoshi Island, a crypto-centric island in Fiji, where one could become an owner through NFTs. As we venture into the future of finance, we discuss Bitcoin's potential to challenge the US dollar and the utility of cryptocurrencies beyond being a currency. So, brace yourself for a rollercoaster ride through uncharted territories of finance, trading, and digital disruption. The future is here, and it's time to seize the opportunities it presents.

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

Ever wondered how to stay afloat amidst the unpredictable waves of the crypto world? We, your hosts Mike and Brad, have got your back. This episode of Baking Profits brings you the exciting launch of our new bi-weekly episode series called "MicroBytes" these minisodes will be shorter episodes with bit size chats or information that we may not get to in our full episodes. In this episode we talk about the massive shift we’ve made in our pricing model. Unveiling our new “Bread Basket Bundle” that grants you access to our three strategies at a flat fee of $74.99, we aim to offer you diversification and consistent profitability, all the while helping you make sense of the tumultuous events in the crypto world over the past year. We dissect how these events have shaped our strategies and how the new bundle will help you breathe a little easier, both financially and mentally.

Moving forward, we can't help but spill some beans on the future of BreadBytes. We’re working on a passive trading strategy that will save your precious time and money. We discuss the importance of treating the bots passively and how the associated trading fees impact your profitability. Stay tuned next week as we bring you more exciting updates from the BreadBytes team. Get ready to navigate the crypto trading world like a pro. Next week, we'll be back for more. Join us then!

Recorded on 7/28/23

Links:

BreadBytes Website
BreadBytes Twitter
BitGet Affiliate
DefiDoughnut Twitter
TheBreadmaker Twitter
Baking Profits Website
Baking Profits Twitter

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

Ever wondered how a digital asset, an NFT, could be compared to your favourite childhood trading card game? We're about to take you on a wild trip down memory lane, juxtaposing the nostalgia of trading cards with the blazing trails of NFTs. From Spells of Genesis to World of Warcraft, and even the tantalizing concept of McDonald's Monopoly as an NFT, we're about to turn your perspective on its head.

Did you know that big names like Jay Z, Justin Bieber, and the Paul Brothers are not just indulging in the NFT space, but are also contributing to its mainstream popularity? We're going to unravel the celebrity influence over NFTs, and the enormous potential they bring in dictating the future of this space. But it's not all rosy. We'll take a critical look at the challenges involved - the barriers to entry, potential for dilution of original NFTs with the production of additional ones, and the stigma that's still attached.

Finally, we'll explore the possibilities that lie within this realm. Imagine having part ownership of a museum piece or a work of art. Picture a world where every item could theoretically be an NFT. The potential is endless, but it comes with its fair share of concerns. Monopolies, regulation, the effect on virtual economies - we're delving into it all. So join us on Baking Profits as we explore the past, present, and future of NFTs in a way you've never seen before. Buckle up, it's going to be one heck of a ride!

Recorded on 7/11/23

Links:

BreadBytes Website
BreadBytes Twitter
BitGet Affiliate
DefiDoughnut Twitter
TheBreadmaker Twitter
Baking Profits Website
Baking Profits Twitter

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

Are you tired of feeling lost in the world of trading? Ever pondered over the secrets behind Warren Buffet's success as a fundamental trading value investor? Get ready to unravel these mysteries as we dive headfirst into the intriguing and highly profitable world of fundamental and technical trading. We'll be breaking down complex concepts and decoding the strategies that can make all the difference in your trading experience. By the end of our discussion, you'll have a refreshed perspective on trading and a solid understanding of how to combine fundamental and technical analysis for an enhanced trading experience.

What if I told you the future of trading isn't in stocks, but in digital currency? Cryptocurrency has been making waves in the financial world, but how does it stack up against traditional stock market trading? Join us as we investigate the potential implications of crypto regulations, and discuss how gaming giants like Blizzard and Ubisoft could potentially impact the crypto industry. We'll also be exploring the power of ETFs in retirement planning and unveiling the potential pitfalls and opportunities of investing in Bitcoin and Ethereum.

Finally, we'll zero in on the hot topic of digital dollars and its potential impact on the crypto world and taxes. Will the US government's digital dollar movement be a game changer for USDC and USDT? And how will it affect existing crypto users? Fear not, we've got all the information you need, and we'll be discussing potential scenarios, implications, and how you can stay ahead of the curve. Remember, knowledge is power, and we're here to empower you with the latest insights and discussions on all things trading. So buckle up and join us on this exciting journey of wealth building! And don't forget to follow us on our social media handles for more updates. Till next time!

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

What if the world of finance as we know it could be revolutionized by decentralized finance (DeFi)? This week's Baking Profits episode dives headfirst into the differences between traditional finance and DeFi, exploring the unique opportunities and risks presented by the volatile cryptocurrency market. Join us as we uncover the potential of DeFi to break down barriers and create new opportunities for those who have been blocked by traditional finance systems.

Keeping trade logs is essential for any serious trader, but do you know how to optimize your use of them? We share our insights on the benefits of having a trade journal and discuss how tracking data can inform traders when it comes to making decisions about when and how to trade. We also emphasize the importance of journaling any abnormal events in the market, so traders can better understand and manage their trading strategies.

Finally, we can't leave you without some fun - in this episode, we share our experience trying Angels Envy whiskey, which ranked highly on our list of podcast drinks. So grab your favorite drink, sit back, and join us as we unravel the world of trading, DeFi, and the importance of keeping a trade journal to optimize your financial success. Don't miss out on this value-packed episode of Baking Profits!

Recorded on 5/23/23

Links:

BreadBytes Website
BreadBytes Twitter
BitGet Affiliate
DefiDoughnut Twitter
TheBreadmaker Twitter
Baking Profits Website
Baking Profits Twitter

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

Are you struggling to find success in the crypto trading world? Tune in to our latest episode with Mike (DeFiDoughnut) and Brad (TheBreadmaker), as we dive into the five main reasons traders may fail in the crypto space, and how to overcome these obstacles. From addressing the importance of discipline and patience to avoiding herd mentality, we share our insights and experiences to help you navigate the challenges of crypto trading.

We also discuss the influential role of crypto influencers and how they can contribute to making or breaking a project. In our conversation, we touch on the potential of Ethereum overtaking Bitcoin and why it's crucial to adopt a long-term mindset when investing in crypto. We'll also guide you on the importance of having a solid plan and sticking to it, even when it comes to cutting a bot trading strategy.

Lastly, we'll delve into the difficulties of executing a great idea in the crypto space and how emotions can drive people's decisions. Don't miss out on this informative and engaging episode, where we explore the world of crypto trading and share valuable tips to improve your chances of success. So grab your favorite drink, and let's start Baking Profits with Mike and Brad!

Recorded on 6/6/23

Links:

BreadBytes Website
BreadBytes Twitter
BitGet Affiliate
DefiDoughnut Twitter
TheBreadmaker Twitter
Baking Profits Website
Baking Profits Twitter

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

Ever wondered how the mechanics of node season and Ponzinomics led to devastating losses for many crypto investors? Or how influencer marketing played a crucial role in driving the hype behind failed projects? Join us in this week's eye-opening Baking Profits episode as we share our personal experiences and unravel the mysteries of node season in DeFi. Don't forget to pour yourself a glass of Jefferson's straight bourbon whiskey to sip on while you listen!

We'll dive into the dark side of incompetent teams like Ring, who lured investors with promises of high returns but failed to deliver, and explore the potential connection between the teams behind these projects and their investors. We also discuss the rise of various rug projects that emerged during this time, such as Fire, Univ, Pirate Nodes, Tavern, Atlas, and many more. Learn how the lack of expertise and security measures contributed to significant losses for many in the crypto community.

Finally, we'll explore the exciting world of gamification and NFTs in MMO games, and how the lessons learned from node season can help shape a more sustainable future for DeFi. We discuss the challenges associated with adoption and liquidity and the potential of generating revenue within these spaces. So, buckle up, and let's uncover the truths behind node season and its impact on the DeFi ecosystem together!

Recorded on 5/23/23

Links:

BreadBytes Website
BreadBytes Twitter
BitGet Affiliate
DefiDoughnut Twitter
TheBreadmaker Twitter
Baking Profits Website
Baking Profits Twitter

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.

The crypto world is ever-evolving and in this episode, we discuss the shifting landscape and developments in the space. We share insights into our trading bots and how they differ from each other, as well as how each performs in a bullish versus bearish market. You’ll hear our thoughts on altcoins and meme coins, and which we consider the safest investments and why. When it comes to crypto, timing is everything and the average crypto trader tends to come in uninformed, jumping on trends at exactly the most inopportune time. Tune in for our predictions for the future of cryptocurrencies and find out what kind of mindset you need to have as an investor if you wish to succeed in the long run.

Key Points From This Episode:

• What Baking Profits is all about.
• Insight into Cinnamon Toast, our Ethereum trading bot: why it’s a long-only bot.
• The dynamics between bullish and bearish markets.
• How the Short Bread bot is designed to complement Cinnamon Toast.
• Multiple Time Frame Analysis explained.
• Our predictions for the Cosmic Cupcake bot.
• The volatility of the ATOM altcoin.
• Which altcoins we consider to be the safest investments and why.
• What will happen to crypto if Binance goes under.
• The shady practices of crypto exchanges.
• Criticism from people outside of the crypto space.
• Our thoughts on investing in meme coins like Pepe and SHIB.
• Predictions for the longevity of Bitcoin and Ethereum.
• The overall mindset of the average crypto trader.
• Exploring the he risk of bot hopping.
• What it takes to master crypto trading.

Recorded on 5/16/23

Links Mentioned in Today’s Episode:

Cinnamon Toast
Cosmic Cupcake
Binance
Mike on Twitter
Brad on Twitter
Baking Profits
Baking Profits Twitter
BreadBytes
BreadBytes Twitter

Disclaimer:

The information contained on, or available through, our podcast or website:

1. Is general information that you may find to be of interest;
2. Is not intended to be financial or investment advice;
3. Is not intended to be a substitute for any audit, advisory, tax or other professional advice appropriate to your circumstances;
4. May not constitute the most up-to-date information and so may no longer be reflective of the current situation.

Please also remember that past performance may not be indicative of future results and there can be no assurance that the future performance of any specific investment or investment strategy will correspond to historical performance levels.