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- 👀 Crypto billionaire’s new prediction
GM everyone. This is 2036.
You’re probably familiar with Michael Saylor. He’s the founder of Microstrategy, one of the largest Bitcoin holders in the world (∼$8.3 billion BTC on their balance sheet).
Michael is very smart, and he’s a fantastic bitcoin bull. He’s the chief marketing officer we didn’t know we needed.
Earlier this week, Michael was on CNBC. And he brought the heat 🔥
He was on for ∼10 min, dropping wisdom bombs left and right.
But if you don’t have 10 min, here are the most important things he said:
1/ After buying Bitcoin, Microstrategy has been the best-performing stock in the S&P 500 📈
Microstrategy started buying Bitcoin in August 2020. Since then, the company has become a form of leveraged exposure to Bitcoin.
And the bet’s paid off. Its performance has beaten even NVIDIA - and Bitcoin itself.
During the dotcom crash, Michael fell out of the billionaire’s club… but with his stock up 10X in the last 4 years, he’s back in.
2/ Michael Saylor predicts Bitcoin will reach $13 million 🔮
Here’s how he gets to that number: in recent years, Bitcoin has increased 44% per year on average (vs. 12% for the S&P).
He says this will eventually fall to 40%, then 35%, then 30%, etc., until Bitcoin reaches $13 million in 2045.
After that, it will outperform the S&P500 by about 8% per year, with slightly more volatility.
Fade him at your peril.
Oh, and the big catalyst for the next leg up? Banks custodying Bitcoin for their clients.
3/ The way to capture those returns is to hold Bitcoin for 4+ years ✊
I’ve covered this a million times before: crypto works in 4-year cycles, and holding majors through an entire cycle practically guarantees you’ll outperform any other asset on the planet.
But here’s the thing: holding through volatility is hard.
When everything else goes UP, and crypto goes NOWHERE (or down) for months at a time, it’s difficult to hold. That’s why many people panic-sell (and FOMO-buy when crypto outperforms).
But volatility is the price we pay for high returns.
4/ Bitcoin is the ultimate safe asset 🛡️
Here’s why: Bitcoin is an asset without counterparty risk.
When sh*t hits the fan, you don’t want to be a counterparty to any country, city, currency, commodity, culture or company (that’s a lot of ‘c’-s there).
You also don’t have to guess whether Picasso paintings, New York real estate or NVIDIA stock will be higher in 10 years.
All you have to do is buy a fraction of the world’s purest form of money - BTC.
Ok - so why does this matter?
Because baked into Michael’s prediction is a key lesson in crypto: buy the right thing and be patient.
The good times will return. It’s just a matter of time.
When in doubt, zoom out.
[You can watch the full Michael Saylor segment here.]
🎯 What does an ideal crypto portfolio look like? How do you spot winners? How do you avoid FOMO? How and when should you take profits?
Get these answers (and many more) in Enter, Earn & Exit, my 2024 blueprint for investing in crypto— now available again for the first time since February (get $100 off using code ‘2024’)
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.