SI142: How Decentralised Is Bitcoin Really? ft. Rob Carver

<p>Rob Carver is on the show with us today to discuss why Elon Musk &amp; the Chinese government might be proving that Bitcoin may not be as decentralised as first assumed, whether you should adjust your system according to the instrument being traded, some processes for reinvesting profits into your portfolio over time, thoughts on position sizing, different ways of defending against inflation, if short-term Trend Following may actually be as good as long-term Trend Following, and the sweet spot for number of different futures contracts a good system should trade.</p><p><strong>-----</strong></p><p><strong>50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - </strong><a href="https://dunncapital.com/DUNN%2050-Year%20Book-TTU" rel="noopener noreferrer" target="_blank"><strong>CLICK HERE</strong></a></p><p><strong>In this episode, we discuss:</strong></p><ul><li>If Bitcoin is really as decentralised as it's reputed to be</li><li>Adjusting your system on an individual trade basis</li><li>What to do with your trading profits</li><li>Defending against inflation</li><li>Short-term Trend Following versus long-term Trend Following</li></ul><br /><p>-----</p><p><br /></p><p>Follow Niels on <a href="https://twitter.com/toptraderslive" rel="noopener noreferrer" target="_blank"><strong>Twitter</strong></a>, <a href="https://www.linkedin.com/in/nielskaastruplarsen" rel="noopener noreferrer" target="_blank"><strong>LinkedIn</strong></a>, <a href="https://www.youtube.com/user/toptraderslive" rel="noopener noreferrer" target="_blank"><strong>YouTube</strong></a><strong> </strong>or via the <a href="https://www.toptradersunplugged.com/" rel="noopener noreferrer" target="_blank"><strong>TTU website</strong></a>.</p><p><strong>IT’s TRUE </strong>? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written&nbsp;<a href="https://www.toptradersunplugged.com/Ultimate" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</p><p>And you can get a free copy of my latest book “<strong>Ten Reasons to Add Trend Following to Your Portfolio</strong>” <a href="https://www.toptradersunplugged.com/10-reasons-shownotes" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</p><p>Learn more about the Trend Barometer <a href="https://www.toptradersunplugged.com/resources/market-trends/" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</p><p>Send your questions to&nbsp;<a href="mailto:info@toptradersunplugged.com%22%20%5Ct%20%22_blank" rel="noopener noreferrer" target="_blank">info@toptradersunplugged.com</a></p><p>And please <strong>share this episode</strong> with a like-minded friend and <strong>leave an honest Rating &amp; Review</strong> on&nbsp;<a href="https://www.toptradersunplugged.com/reviewttu" rel="noopener noreferrer" target="_blank"><strong>iTunes</strong></a>&nbsp;or <a href="https://open.spotify.com/show/2OnOvLbIV3AttbFLxuoaBW" rel="noopener noreferrer" target="_blank"><strong>Spotify</strong></a> so more people can discover the podcast.</p><p>Follow Rob on <a href="https://my.captivate.fm/@InvestingIdiocy" rel="noopener noreferrer" target="_blank"><strong>Twitter</strong></a>.</p><p><strong>Episode TimeStamps:</strong> </p><p><strong>00:00 -</strong>&nbsp;Intro</p><p><strong>01:33 -</strong>&nbsp;Macro recap from Niels</p><p><strong>04:02 -</strong>&nbsp;Weekly review of returns</p><p><strong>12:15 -&nbsp;</strong>Rob’s decision to trade Bitcoin futures</p><p><strong>21:28 -&nbsp;</strong>Why Bitcoin may not be so decentralised</p><p><strong>38:05 -</strong>&nbsp;Q1; Dan: Do you think fitting by instrument makes sense for intraday Trend Following?</p><p><strong>48:43 -</strong>&nbsp;Q2; John: Why does Rob only allocate part of his profits back into his portfolio?</p><p><strong>57:19 -</strong>&nbsp;Q3; Peewee: If Rob could only trade 5 or 6 futures markets, which ones would he pick?</p><p><strong>01:02:54 -</strong>&nbsp;Q4; Saed: Do you prefer keeping position size constant across all trades, or adjusting according to volatility?</p><p><strong>01:06:38 -&nbsp;</strong>Financial Times article:&nbsp;<a href="https://www.ft.com/content/88ebab48-edc7-49f1-b535-8c546988d4fd" rel="noopener noreferrer" target="_blank">‘How to Defend Against Inflation’</a></p><p><strong>01:13:47 -&nbsp;</strong>Check out the new episode from the Top Traders Unplugged series, coming out soon</p><p><strong>01:14:22 -&nbsp;</strong>Article from FactorResearch:&nbsp;<a href="https://insights.factorresearch.com/research-managed-futures-fast-furious-vs-slow-steady/" rel="noopener noreferrer" target="_blank">‘Short vs Long-Term Trend Following’</a></p><p><strong>01:20:26 -</strong>&nbsp;Benchmark performance update</p><p><strong>01:21:27 -&nbsp;</strong>Recommended listening or reading this week:&nbsp;<a href="https://mrzepczynski.blogspot.com/2021/05/commodities-hard-to-go-wrong-during.html" rel="noopener noreferrer" target="_blank">Mark Rzepcynski's blog post on commodity prices during inflationary periods</a>,&nbsp;<a href="https://hiddenforces.io/podcasts/ultrasound-money-ethereum-triple-halving-nikhil-shamapant/" rel="noopener noreferrer" target="_blank">Nikhil Shamapant on the Hidden Forces Podcast</a>&nbsp;&amp;&nbsp;<a href="https://open.spotify.com/episode/3PW4bCu6zKsG02r6VcfAMP" rel="noopener noreferrer" target="_blank">Josh Rogin on the Joe Rogan Podcast</a></p><p><strong>01:26:54 -</strong>&nbsp;Next week, special guest Eric Crittenden joins us on the show</p><p>Copyright © 2025 – CMC AG – All Rights Reserved</p><p>----</p><p><strong>PLUS:</strong> Whenever you're ready... here are 3 ways I can help you in your investment Journey:</p><p><strong>1. eBooks that cover key topics that you need to know about </strong></p><p>In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. <a href="https://www.toptradersunplugged.com/resources/ebooks/" rel="noopener noreferrer" target="_blank"><strong>Click Here</strong></a></p><p><strong>2. Daily Trend Barometer and Market Score </strong></p><p>One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! <a href="https://www.toptradersunplugged.com/resources/market-trends/" rel="noopener noreferrer" target="_blank"><strong>Click Here</strong></a></p><p><strong>3. Other Resources that can help you</strong></p><p>And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. <a href="https://www.toptradersunplugged.com/resources/" rel="noopener noreferrer" target="_blank"><strong>Click Here</strong></a></p><p><a href="https://www.toptradersunplugged.com/legal/privacy-policy/" rel="noopener noreferrer" target="_blank">Privacy Policy</a></p><p><a href="https://www.toptradersunplugged.com/disclaimer/" rel="noopener noreferrer" target="_blank">Disclaimer</a></p>