Armando Pantoja
👤 PersonAppearances Over Time
Podcast Appearances
So I was just lucky to be around the right people and got in early, being around, you know, studying the technology that cryptocurrency is based on.
Yeah, so I got into Bitcoin in 2011. I'd been playing around with stocks for a little bit before then. I made some money. And before that, I did have a guy that would, you know, train me in stocks and how they work and everything like that. So, you know, he was actually a close friend. He was an older gentleman. He brought me along in stocks, but I really didn't put any real money into it.
Yeah, so I got into Bitcoin in 2011. I'd been playing around with stocks for a little bit before then. I made some money. And before that, I did have a guy that would, you know, train me in stocks and how they work and everything like that. So, you know, he was actually a close friend. He was an older gentleman. He brought me along in stocks, but I really didn't put any real money into it.
Yeah, so I got into Bitcoin in 2011. I'd been playing around with stocks for a little bit before then. I made some money. And before that, I did have a guy that would, you know, train me in stocks and how they work and everything like that. So, you know, he was actually a close friend. He was an older gentleman. He brought me along in stocks, but I really didn't put any real money into it.
So when I got into crypto, remember, the first three years of crypto was on the technology side. So I really didn't look at charts and markets and how things work. So 2013, I had a bunch of Bitcoin. I put up a post the other day, and I was buying Bitcoin at $200, you know, $150, $100, $80, you know. But at the time, I thought it was a currency.
So when I got into crypto, remember, the first three years of crypto was on the technology side. So I really didn't look at charts and markets and how things work. So 2013, I had a bunch of Bitcoin. I put up a post the other day, and I was buying Bitcoin at $200, you know, $150, $100, $80, you know. But at the time, I thought it was a currency.
So when I got into crypto, remember, the first three years of crypto was on the technology side. So I really didn't look at charts and markets and how things work. So 2013, I had a bunch of Bitcoin. I put up a post the other day, and I was buying Bitcoin at $200, you know, $150, $100, $80, you know. But at the time, I thought it was a currency.
But around that time, about around 14, I started seeing the investment potential. So I started, like, actually buying it. you know, for investment purposes. 2013, one of the only exchanges, I think it was the only Bitcoin exchange on earth, got hacked. And somebody stole like $50 million of Bitcoin. At the time, that's like billions now.
But around that time, about around 14, I started seeing the investment potential. So I started, like, actually buying it. you know, for investment purposes. 2013, one of the only exchanges, I think it was the only Bitcoin exchange on earth, got hacked. And somebody stole like $50 million of Bitcoin. At the time, that's like billions now.
But around that time, about around 14, I started seeing the investment potential. So I started, like, actually buying it. you know, for investment purposes. 2013, one of the only exchanges, I think it was the only Bitcoin exchange on earth, got hacked. And somebody stole like $50 million of Bitcoin. At the time, that's like billions now.
But it was $50 million at the time, which was like a lot of Bitcoin. So everybody panicked. The news started saying that Bitcoin was a scam. It really wasn't. That's proof that this is a Ponzi and all that stuff because people got panicked. And Bitcoin dropped all the way from $1,000 all the way down into the hundreds again, 90% drawdown.
But it was $50 million at the time, which was like a lot of Bitcoin. So everybody panicked. The news started saying that Bitcoin was a scam. It really wasn't. That's proof that this is a Ponzi and all that stuff because people got panicked. And Bitcoin dropped all the way from $1,000 all the way down into the hundreds again, 90% drawdown.
But it was $50 million at the time, which was like a lot of Bitcoin. So everybody panicked. The news started saying that Bitcoin was a scam. It really wasn't. That's proof that this is a Ponzi and all that stuff because people got panicked. And Bitcoin dropped all the way from $1,000 all the way down into the hundreds again, 90% drawdown.
And then, so I gave, for two years, I didn't even look at it no more. It's like late 15, early 15. And then I saw it start to creep back up and I was like, well, you know, that's weird. Why would it creep back up? I thought they said it was over. And then, so I started buying it again, 2015, 16. And then, you know, I started looking deeper into how markets work.
And then, so I gave, for two years, I didn't even look at it no more. It's like late 15, early 15. And then I saw it start to creep back up and I was like, well, you know, that's weird. Why would it creep back up? I thought they said it was over. And then, so I started buying it again, 2015, 16. And then, you know, I started looking deeper into how markets work.
And then, so I gave, for two years, I didn't even look at it no more. It's like late 15, early 15. And then I saw it start to creep back up and I was like, well, you know, that's weird. Why would it creep back up? I thought they said it was over. And then, so I started buying it again, 2015, 16. And then, you know, I started looking deeper into how markets work.
Like, why did they tell us that it was going to crash? And I started researching. I realized that there's underlying truths in all of that. There's a cycle. There's cycles. There's patterns. There's all these things that happen almost predictably in markets. I started applying that to stocks and crypto at that point.
Like, why did they tell us that it was going to crash? And I started researching. I realized that there's underlying truths in all of that. There's a cycle. There's cycles. There's patterns. There's all these things that happen almost predictably in markets. I started applying that to stocks and crypto at that point.
Like, why did they tell us that it was going to crash? And I started researching. I realized that there's underlying truths in all of that. There's a cycle. There's cycles. There's patterns. There's all these things that happen almost predictably in markets. I started applying that to stocks and crypto at that point.
And that's why I've done so extraordinarily well is because there's underlying truths in all of that. There's a four year cycle in Bitcoin. There's also market cycles in the stock market. There's times when the media will tell you that things are over, it's done, they'll make you scared. And it all deals with cycles, curves, curve cycles, and also human psychology.