When you’ve been trading as long as I have, you learn a lot about what leads to success.

I’ve worked in the markets since 1984. And I had several formative experiences that eventually helped my hedge fund go 20 years without a losing year.

I learned the ropes as a trader at a firm called Spear, Leeds & Kellogg. At the time, it was the largest specialist trading firm in the world – meaning it traded its own money. We traded almost every stock on the New York Stock Exchange.

That was where I learned one of my most important lessons – risk management.

When I started out in the 1980s, my risk controls were poor, to say the least. My drawdowns were too big for the capital I had.

Yet at Spear, Leeds & Kellogg, what they let you lose on a trade was so tight. It completely changed the way I traded.

I learned that you had to build up your profit and loss with a slow grind. Then once you had profits, you would use them to take bigger risks.

You’d choose a number – whether it was $1,000 a month or $50,000 a month. When you got to that number, you could risk half of those profits on an attractive trade. If it doesn’t work out, you’ve only lost money you already made that month. You don’t eat into your original capital.

It’s these kinds of lessons that have turned me into the trader I am today – and why Jack Schwager featured me in his book, Hedge Fund Market Wizards, among experts like Ray Dalio and Joel Greenblatt.

So when I look at an asset like Bitcoin, I tackle it in a totally different way than most other traders…

Finding the Right Risk Profile

Bitcoin and its fellow cryptocurrencies lack many of the regulations and protections of more developed asset classes.

It’s not a rare news story to hear about a crypto exchange being hacked or losing its customers’ money through fraud. Just look at the collapse of FTX and the trial of Sam Bankman-Fried as a recent example.

Plus, to buy Bitcoin, you typically need to create a special wallet to store your coins.

And if you lose your passwords, you’re sunk. There’s even been stories of physical bitcoin wallets getting thrown out by accident or broken, to the dismay of their owners.

And that’s not even taking into account the volatility Bitcoin has experienced since its inception…

While many people have made lots of money from Bitcoin, many others have lost fortunes to it, especially during the crypto “winters” when it has fallen as much as 75–80%.

So the risk profile just hasn’t been something I’m comfortable with.

It’s why I’ve never bought a single Bitcoin. And I haven’t ever recommended it to my followers either.

Instead, I’ve searched for years, looking for a way to take advantage of Bitcoin where I could manage the risks.

The good news is, that’s just what I’ve uncovered.

I’ve developed a strategy that enables us to have clearly defined risk parameters. And the even better news? The strategy allows us to profit even more than we would by holding Bitcoin over the same time frames.

I call it “Bitcoin skimming.”

And if you’ve ever felt daunted by the risks of Bitcoin investing, make sure to keep reading…

A Better Way to Profit From Bitcoin

As I mentioned at the opening, I’ve learned to tightly control the risk in any trade I do.

That’s where Bitcoin skimming comes in.

You don’t need a crypto wallet or exchange account. Instead, it all takes place in your standard, federally protected brokerage account.

And you don’t have to worry about its sharp swings up and down either.

Even if Bitcoin experiences another drastic plunge, we’ll still be able to draw out profits from its moves using this strategy.

(In fact, that’s one of its best features – we can profit whether Bitcoin goes up or down.)

My followers have had the chance to beat Bitcoin’s returns by 6x, 9x, and even as much as 22x. That means pulling in numbers like $4,898 in as little as a week – and sometimes much more.

So if you’d like to hear more about how this is possible, then please plan to attend my upcoming special briefing on Bitcoin skimming. It all takes place tomorrow, January 24, at 8 p.m. ET.

There, I’ll explain my strategy in detail. And I’ll show you how you can start Bitcoin skimming yourself as soon as the next day.

And there’s one more thing… I’ll also break down how the budding artificial intelligence trend is supercharging the potential of bitcoin skimming in 2024.

This is an event you won’t want to miss.

So please, join me tomorrow for the whole story.

See you there!

Regards,

Larry Benedict
Editor, Trading With Larry Benedict