Lost money on Crypto? I can help!

02/06/2021 29 min Episodio 76
Lost money on Crypto? I can help!

Listen "Lost money on Crypto? I can help!"

Episode Synopsis

Bakes’ Takes Podcast Show Notes Saturday  
May 22, 2021
 
:29 Why I do this—Bobby, Jack, please listen in.
 
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
 
2:23 Supercast/Patreon levels. Weekly call with me, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
 
Not investment advice. Please conduct, and share, your own due diligence.
 
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
 
Bakes’ Take –
 
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
 
3:55 Bakes’ Takes—My Themes/Groups
 
GBTC—on 200 dma, didn’t break, despite Elon/TSLA, China, IRS, Fed. Calacanis on China worth a listen, podcasts of the week. Keep small %. Perspective—bought last year at $15 doubled, took original investment out, 2021 $32-$58.22-$30.10, still a double, pure profit. Why I am not freaking out.
 
8:40 Bought Global X Silver Miners/SIL—10% of portfolio, would you like same text I sent to my sons? High volume breakout. Could be reaction to cryptos swoon. Gold has perked up too, inverse to crypto.
 
10:10 TBF--Bond prices didn’t go down on 4.2% inflation news. What if Fed wasn’t buying $80B/month? Still making money, holding, but watching.
 
Bakes’ Take—
 
Bakes’ Takes-Gray Swan, new segment
 
Bakes’ Take—Podcasts of the Week!
 
11:40
https://thisweekinstartups.com/emergency-pod-huge-bitcoin-correction-robinhood-ipo-rumors-squarespace-direct-listing-e1219/
Jason Calacanis—5:00 China—make Jack Ma disappear, persecute religion and enslave them, roll over young people with tanks. Do you really think they can’t kill bitcoin, stop mining, not use in transactions? Don’t be naïve. Won’t kill off bitcoin, but wall off 1B+ people. National security risk, reserve currency threatened, US gets more restrictive. Banned banks and financial firms, investors stop trading in crypto. Don’t forget they are Communists!
 
Ooh La La
https://www.audible.com/pd/601-Monty-Moran-Former-Co-CEO-of-Chipotle-on-Building-Culture-Podcast/B094Z6H15W
14:44 Travis Chappell—New book-Love is Free, Quac is Extra! What can I give?, Don’t listen to words so much,  etc.
 
https://podcasts.apple.com/us/podcast/colonial-pipeline-ransomware-attack-tesla-breaks-up/id1073226719?i=1000521699130
16:17 Scott G prediction--Next 30 days SEC, market manipulation crypto, Musk, create Teslacoin, Muskcoin!
 
https://podcasts.apple.com/us/podcast/how-worlds-companies-wound-up-in-deepening-supply-chain/id1056200096?i=1000521984181
18:03 Ryan Peterson, Flexport—Paying premiums to get on ships, “rolling” common, like bumped from flight. Passed through to consumers, inflation, doesn’t sound transitory
 

 


 

 

 


 


 


 

 
 

 

 
 
 

 


 


 


 


 


 

 

 


 


 


 


 


 

 

 


 


 


 


 


 

 
 
 
 
 
 
 
 
 
 
 
Bakes’ Take—
 
Bakes’ Take—Reporters of the Week!
 
20:20 Avi Salzman, Barron’s Bitcoin’s Crazy Week
Bakes’ Take—
 
Bakes’ Take—Charts/Tweets/Posts of the Week!
 
Bakes’ Take— Newsletters of the Week
 
23:35 Bear Traps Report, wind, solar not enough, need Nuclear/Uranium
 
24:42 Bitcoin rolling over, bad for stocks
 
25:25 NASDAQ looks ugly, tired
 
26:15 Bitcoin-Head and shoulders top
 
27:15 Josh Brown, Stimulating the housing market it psychotic
Bakes’ Take—
 
28:20 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to [email protected] or write if you prefer. I will also keep you anonymous is you’d like.
 
Thank you for listening, Mike Wilson is my producer.
 
Have a great week. Bakes
 
Much-needed levity…
 
https://www.youtube.com/watch?v=g-zIbVEjVpQ
28:50 JP Sears--- Why You Should Put All of Your Money