What One Trader Learned By Riding The Bitcoin Boom All The Way Up Then All The Way Down

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Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.

The last two years have been an extraordinary ride for Bitcoin. It exploded in 2017, with the price nearing $20,000 per coin. Then in 2018 it totally collapsed. On this week's episode, we speak with Peter McCormack, a bitcoin trader, who bought in at the bottom, rode the boom all the way to the top, and then proceeded to lose almost everything. He shared with us what he learned along the way.

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