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CRYPTO 101

Ep. 520 Trading the U.S Bank Crisis Like a Crypto Hedge Fund Manager

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 21 March 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

In this episode of Crypto 101 we talk to Thomas Kralow in a timely episode that was recorded Monday March 20th 2023.  We brought Thomas on because he is also a Crypto Hedge Fund Manager and we thought it would be valuable to have a timely roundtable discussion on the current state of the crypto markets and U.S Banking industry with a fellow Hedge Fund Manager.  We break down what happened over the weekend, the flee to Bitcoin, and breaking down our trading and investing strategies. 


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Guest Links:

https://www.thomaskralow.com/

 

*This is NOT financial, tax, or legal advice*


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Transcript

Click on a timestamp to play from that location

0:00.0

All right, everybody, welcome back to the Crypto 101 podcast.

0:13.0

Bryce here, joined as always by my notorious co-host, Mr. Aaron Pizza Mine Malone.

0:20.0

Aaron, reigning from Texas.

0:22.9

How's it going, sir?

0:25.1

This week is going to be stupid, Bryce.

0:27.2

So I am a holdup in my bunker up in North, Texas.

0:31.3

Just watching the world from underneath a hill somewhere, kind of peeking out, seeing what absolute insanity is going to come this week.

0:40.3

But I've got a feeling in my gut that's telling me this is going to be one of the biggest weeks of my entire life.

0:46.2

Bad, good, weird, I have no idea what's coming, but it's going to be noteworthy.

0:51.3

We've seen quite a few bank failures already.

0:56.5

We've seen regional runs on the bank. We saw Credit Suisse, which was like a 200-year-old organization fail and get bought out

1:05.6

for pennies on the dollar by UBS. Funny enough, I realized Credit Suisse was the only bank basically in 2008, 2009 that didn't get bailed out using any government money.

1:18.3

So now finally they go down.

1:20.6

So that was interesting.

1:21.4

And we've seen lots of volatility and Bitcoin skyrocketed.

1:25.4

I think it's the largest weekly candle since 2017. On the back of all this hysteria,

1:31.2

people pulling their money out of banks. So we wanted to bring on an expert to talk about how to trade

1:36.9

the markets. Right. So we wanted to say, look at price action, look at volume. What are the charts

1:42.6

kind of telling us? And overall, what is this

1:46.4

whole, is this a trend shift, a long-term trend shift? Are we getting ejected out of the bare

1:51.3

market? There's lots of questions. So we wanted to bring it on an expert. So I'm bringing on a guy

1:55.3

who runs his own hedge fund, actually, Thomas Crawlow, who also founded an awesome university grade trading education system.

...

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