Send us a text

This week on the Crypto Flip Podcast, hosts Haris King, Ricardo, and Deji—three investors managing a combined seven-figure portfolio—provide insights into the recent volatility that has rocked the market.

The episode opens with a segment dedicated to Crypto Confessions from listeners, where the hosts react to stories of severe financial loss and poor risk management. The confessions include one listener losing a total of $50,000 in inheritance money, leading to a potential end to his marriage. Another confession details a trader losing all his life savings and getting liquidated for the second time in the recent market crash. The hosts strongly advise listeners to avoid using leverage, noting that it "just loses gain" for non-professionals. They recommend sticking to spot trading—calling it "slow money"—and critique the "TikTok mind-rock" generation's desire for fast riches.

The main discussion revolves around the market's current state after Bitcoin dipped under $90,000, effectively wiping out the year's gains. The hosts are split on whether this marks the beginning of a bear market, though one notes the retracement is exactly 30% from the recent top. Strategic advice is shared for navigating this "bearish period within the bull market". Listeners are advised to be defensive, keep an eye on the market, and ensure they have liquidity (stables) on the sidelines for when opportunities present themselves. The hosts also address Cameron Winklevoss's claim that this is the last opportunity to buy Bitcoin under $90k, largely dismissing it as an attempt to "pump his bags".

Finally, the episode covers the political angle, discussing UK Reforms leader Nigel Farage's plan to create a Bitcoin strategic reserve for the UK if he is elected Prime Minister. The hosts predict this initiative would have "no positive effect" on the Bitcoin price. They argue its only positive impact would be to shift the mindsets of traditionally conservative UK investors toward crypto.

👉 Leave a review on Apple Podcasts
👉 Listen and rate on Spotify
Nothing in these podcasts are financial advice, just banter and vibes. Stay safe out there.

Join our Discord – hang out with the community, share plays, and stay ahead of the curve.