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Real Vision: Finance & Investing

REKT Vision: "Uptober" Heats Up as BTC ETF Inflows Surge

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 18 October 2024

⏱️ 51 minutes

🧾️ Download transcript

Summary

👉 Be one of the first 500 traders to get a $20 credit when you deposit $50. Use this link kalshi.com/realvision 🔥 Get FREE ACCESS to Real Vision https://rvtv.io/3Y4t5Pw. This week saw huge momentum for BTC ETFs, crypto now available through Venmo, and memes leading the pack in top gainers. Canary Labs and rektguy co-founders Ovie "OSF" Faruq and Michael "Mando" Anderson, also creator of the Mando Minutes newsletter, are back to review the biggest narratives driving crypto markets. On the latest REKT Vision, they discuss the big moves in the price of Bitcoin, memecoins rallies, and much more. Get access to the exclusive monthly AMA and drinks session with OSF and Mando by signing up to RV Crypto: https://rvtv.io/44e8Yj0 🔥 This episode is brought to you thanks to Kalshi. Be one of the first 500 traders to get a $20 credit when you deposit $50. Use this link kalshi.com/realvision Elevate your brand with Real Vision. Connect with us at partnerships@realvision.com to explore advertising possibilities. About Real Vision™: We arm you with the knowledge, tools, and network to succeed on your financial journey. Connect with Real Vision™ Online: Website: https://www.realvision.com Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Linkedin: https://rvtv.io/linkedin Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I'm excited to show you an app I've been using for a while. It's called Kalshi and it's the first legal exchange

0:04.8

where you can trade on any event. As of October, they've got approval to list the first regulated markets

0:10.4

on the outcome of elections. They have markets on who will win the

0:13.7

presidential election, who will control the House and Senate, who will win

0:17.2

swing states. They also have markets on inflation, interest rates, Oscars,

0:21.3

Billboard Top 100,

0:22.8

video games, and more.

0:24.8

Let's walk through a market and place a trade on the outcome of the election.

0:28.4

Let's say you think Kamala will win,

0:30.7

you can currently buy them winning for 50 cents. So you can buy a hundred shares at

0:34.9

50 cents each, so that's $50 for a hundred shares. If you are right, you will get $100 back

0:41.0

and double your money. You can also sell early if their odds of winning go up to say 70%.

0:46.8

You can sell for 70% each and locked in $70. If you don't want to trade, you can also

0:52.4

look at the live odds to see who is more likely to win the race.

0:56.0

Kolshi is the first legal exchange in the US to trade on these kind of events.

1:00.0

The election markets are now live to trade and they are the first regulated place where you can do this.

1:05.1

I'm proud to have Koleshi as a sponsor and I hope you check them out. You can sign up using my link in the

1:10.4

description and the first 500 traders who deposit $50 will get a free $20 credit. Hello, welcome to another episode of Rec Vision. We are back again. It's just myself and

1:31.1

OSF. OSF is sporting some questionable facial hair this week.

1:35.2

We'll see if that's going to last until the next week. How's everything going over there,

1:39.3

OSF? Yeah, good. Busy, busy week, busy day. I'm glad it's Friday. I haven't even, haven't even checked prices today as how busy it I've been. That really says something I think,

1:51.0

because I'm one of those people who checks prices like every second.

...

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