On this episode of the Millionaire Podcast we discuss bitcoin with Mr Al Picket. Al talks about trend following, bitcoin speculation, the value of bitcoin and where he sees the "asset" going.

Key points:

A trend is a trend

Whats in motion tends to stay in motion

What's going higher has the probability of going higher

There are multiple types of trends 1) stealth 2) institutional 3) public 4) mania

Its important to understand risk management, how much are you getting back for every dollar invested

Know your exit strategy

Stay light, have little expenses and debt but high income

The more stuff you have the less agile you are

My stunting is my freedom

Al can be found on IG at @mralpickett