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Michael Terpin

đŸ‘€ Speaker
821 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

That's what I call Bitcoin winter.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

And so you had several months you could have gotten back in around $250.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

So if you'd sold at $1,000 and bought back at $250, now you have $4,000 Bitcoin.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

You hold that for three years, it went up to almost $20,000.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

Let's say you cost averaged out over the last couple of months of the bull market and you got out at $16,000.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

You then held on to that cash for a year.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

It was literally only a year minus three days later that went down to $3,200.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

Let's say you missed that $3,200.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

You got back in at $4,000.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

Now you have $16,000 Bitcoin.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

And you repeat that one more cycle.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

You could have actually done another Forex, but I was saying the cost average, you probably would have done a little bit less of that, and you'd have $60,000 Bitcoin.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

So by doing that strategy today, when Bitcoin is $115,000, your $12,000 investment isn't worth $115 million.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

It's worth a little over $5 billion.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

Yes.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

And by the end of the cycle, it gets to where I think it's going to go.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

It could be $12 billion.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

$12,000 to $12 billion?

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

I don't know anything that's ever done that.

Digital Social Hour
Michael Terpin: What Billionaires Aren’t Telling You About Bitcoin’s Next Cycle | DSH #1622

No.