Selling Coke to Finance the Operation
Corona Del Mar, CA
Howdy Friend!
Saying this is a crazy story is an understatement...
If you're a Back to the Future fan like myself, then you're no doubt familiar with the 'ol DMC DeLorean they turned into a time machine.
I'm sure the late John DeLorean wished he had that time machine to stop himself from financing a coke deal.
What went down is that he had to raise millions for his floundering car company, and was given an opportunity by an old neighbor turned snitch.
Of course, he was entrapped by the FBI in their effort to win a high-profile case.
John beat the rap, but there he was on camera for the world to see, starring down at a suitcase full of Colombia's finest, saying "it's better than gold."
He was talking about the weight. It's tough hauling around gold bars.
Perhaps that's one of the many reasons Bitcoin and crypto in general has become so popular -- it's a lot easier to move things around digitally.
We also know the powers that be are trying to inflate away the massive debt accumulated over the decades.
You'd think it would get banned immediately by the feds, but MAJOR players are now involved.
Even Goldman Sachs is finally going full blast into crypto, and we all know they have massive influence over politics.
Hell, there's even a Bitcoin rewards credit card coming soon from BlockFi.
I'm sure we all wish we could take DeLorean's time machine and grab a few thousand of 'em right?
But since we seem to have these pesky laws of physics that say time travel would be problematic, I took a different approach.
I used data from Bitcoin's "Shadow" along with A.I to come up with what I thought would be an arbitrage strategy.
That's where you go long and short similar products. Like "long Coke" and "short Pepsi."
Even better than that, the dang thing gave directional signals so it's easy to trade.
I like keeping things simple.
You can read about it here.
Coming full circle...if DeLorean had been able to get through the recession and pack away a few nuts like a squirrel, he might have been able to weather the storm and survive until the release of Back to the Future.
That movie made his dream car timeless in the end I suppose...but at what cost?
More from me soon...
P.S. There’s a Little-Known Technique to Buy Bitcoin Below Fair Market Value Right Now.
If You’ve Been on the Fence, Now May be the Perfect Opportunity. Hurry, this “Discount Window” is Closing FAST!
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Disclaimer: The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.
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