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Vijay Boyapati

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54

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2020-12-02

most recent

2020-12-02

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1

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podcast

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1. “That's great advice. And there's this famous story about an investor who spoke with a very experienced older investor and said, I've got this position, it's doing really well, but I can't sleep at night. What do I do? And I think the older, wiser investor's story goes with JP Morgan. I'm not sure I remember the exact story, but I think it was JP Morgan. And if that's correct, JP Morgan said, sell down to the sleeping point. Sell down to the point at which you can handle it. If you can only handle 1% of your portfolio in Bitcoin, that's fine. There's nothing wrong with that. I don't think your position should be zero, though. I don't think that makes any sense. In this day, after 10 years and everything we've learned, to have a position of zero in the most important innovation to our financial system, to money in a long, long time. But, you know, 1% could make sense for a lot of people. And again, it depends on your age, your risk tolerance and various factors like that. If you're feeling”

   2020-12-02 · We Study Billionaires · BTC002: The Case For Bitcoin w/ Vijay Boyapati (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

2. “And I'm not going to let go of that. So I would say if you're going to get into Bitcoin and you believe that you're doing it for financial gains into the future, you really need to have a lot of patience and conviction.”

   2020-12-02 · We Study Billionaires · BTC002: The Case For Bitcoin w/ Vijay Boyapati (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

3. “You need patience and bit own will teach you patience because the gains that are there to be had, I think this is the most important innovation to money in a thousand years and I think there are tremendous gains ahead but you're only going to get these gains if you have patience and I think that the people who have seen this as sort of just a trading opportunity have been the ones who have missed out on these huge gains in 2011. You look at people in the early years who got hold of Bitcoin at a few cents and then sold it at a dollar and they were like, oh wow, that was great. I made 5, 10x on my money, but they missed out on this massive bull run. And what you'll see is that people who made the biggest gains over that period of time were the ones who had deep conviction in the importance of this technology. And in the early days it started out as ideological conviction. This is something that can change the world. This is something that can make the world more free. And I believe in that.”

   2020-12-02 · We Study Billionaires · BTC002: The Case For Bitcoin w/ Vijay Boyapati (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT

4. “Well, thanks, President. It's really good to be on the show with you. And I've been a fan of yours for a while. I really enjoy your show. Actually, I was introduced to your show by my cousin in Australia. He's a huge fan of yours. And he told me that I need to speak with you, and I'm glad I get the chance”

   2020-12-02 · We Study Billionaires · BTC002: The Case For Bitcoin w/ Vijay Boyapati (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT