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MARKETS DAILY: Crypto Update | When's the Best Time to Buy Bitcoin?

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 27 November 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie and Transform Ventures CEO Michael Terpin.

To get the show every day, follow the podcast here.

Transform Ventures CEO Michael Terpin joins CoinDesk to discuss bitcoin's recent price movement as the largest crypto by market cap struggles to push through the $100,000 threshold. Plus, his BTC price prediction and insights into the best time to enter the market.

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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Decades, there have always been stock advice.

0:02.0

Don't buy when your shoe shine boy is buying, right?

0:04.7

The grocery clerks.

0:05.8

Rothschild said famously, you must buy when there's blood in the streets, even if it's

0:09.7

your own blood.

0:10.7

And so the cycles have been very consistent.

0:13.8

You end up having the halving, where you have a new reality that you have half the Bitcoin

0:18.9

that you had before.

0:20.1

So the miners are losing money every

0:22.0

day. It takes a few months for that to equalize and the price to go up to the last all-time high.

0:26.8

At that point, all of a sudden, everyone's in profit. They have no idea where it's going to go next.

0:30.4

So all of a sudden, there's massive speculation and it pushes the price up very fast.

0:35.2

And then retail pays attention. And they start buying right near the top.

0:38.7

And that's the worst time to buy.

0:47.9

Hello, and welcome to Markets Daily, hosted by me, Jensenassie.

0:51.4

On this show, we navigate the currents shaping the crypto markets, providing

0:54.6

insights against the broader financial landscape. So whether you're actively treating

0:58.4

or simply fascinated by the volatility that is the crypto markets, this show is your compass

1:02.7

to understanding where we are, where we're going, and where we have come from. On today's show,

1:08.3

we are joined by the CEO of Transform Ventures, Michael Turpin.

1:11.8

Michael, welcome to the show. Happy to be here. Awesome. Well, I've started probably every show

1:18.5

for the last two weeks saying what an exciting time it is to be watching the crypto markets.

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