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Apr 9, 2019

If you google about “trading altcoins” the top result you will find is Nik Patel and his “Altcoin Trader’s Handbook”, an extremely practical and at the same time entertaining guide on how to analyze, trade, and profit from altcoins. Half-way through reading Nik’s book, I knew I wanted to interview him. He has seen it all - from generating 43X returns to losing all of his capital. In this talk, we cover:

  1. Dogecoin, which initially got Nik into crypto. We analyze why the Dogecoin still exists, and why it will continue to exist even without the recent promotion it received from Elon Musk.
  2. We then move to discuss how one can trade altcoins in a profitable way as a side hustle alongside your day job or how you can make altcoin trading your full-time job.
  3. Nik makes an in-depth analysis of the price of bitcoin and altcoins, the dependencies between those and his price action expectations.
  4. Last but not least, Nik shares his rationale as to why even the world’s wealthiest cannot destroy bitcoin.

This conversation was truly intriguing for me, which is why this episode ended up being a little longer than ones I previously did. But trust me, every minute of listening is totally worth it.

Nik’s Contact:

 

Evangelists who converted Nik into crypto:

 

Leaders Nik continues to learn from:

 

Other resources mentioned in the podcast:

 Feel free to message me, George, on Twitter @borderlessBTC.