Bitcoin proving Wall Street wrong with legendary trader Jon Najarian

Jon Najarian left the coveted life of a professional football player to become a “nobody” in the trading pits, upheaving his world in an instant. Bit by bit, Najarian pushed through the tough challenges of the trading floor that molded him into a master of all markets. Recognizing crypto’s value proposition, he more recently shifted his focus to become an investor, trader, and commentator within this new market. Crypto is causing widespread concern among legacy investors, he believes, causing a slow but steady shift to a new age of scarce value. Follow Jon Najarian: ​https://twitter.com/jonnajarian In this episode, Melker and Najarian discuss a range of topics including: Dominating Chicago football Options, calls, puts, and strikes Overleveraged speculators Learning to trade in the pits $10B flushed in 4 hours Wash sales and artificial pumps The Doge day sell signal Million-dollar baseball cards Bill Ackman and Carl Icahn The smell of fear on the trading floor The intrinsic value of dollars Market Rebellion --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworks.co --- Voyager This episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 9.5% interest on top coins with no lockups and no limits. Go to https://thewolfofallstreets.link/voyager and download the Voyager app and use code “SCOTT25” to get $25 in free Bitcoin when you create your account. --- Mina Mina is the world's lightest blockchain, powered by participants. Rather than apply brute computing force, Mina uses advanced cryptography and recursive zk-SNARKs to ensure a super-light and constant sized chain, that allows participants to quickly sync and verify the network. The team behind Mina is backed by VCs, including Coinbase Ventures, and Mina's adversarial testnet was the largest public testnet outside of ETH 2.0. To get involved ahead of Mina’s mainnet, visit https://thewolfofallstreets.link/mina --- Matcha Matcha is the easiest way to trade in DeFi. Matcha enables traders to seamlessly swap tokens using 20+ aggregated liquidity sources that deliver better prices than going to a centralized exchange or Uniswap. Connect your wallet and start today at https://thewolfofallstreets.link/matcha ---- Join the Wolf Den newsletter: ►►https://www.getrevue.co/profile/TheWolfDen/members Learn more about your ad choices. Visit megaphone.fm/adchoices