MicroStrategy CEO Michael Saylor has revealed a simple and effective investment plan Bitcoin .
Every day for the last four years I have said, "Buy Bitcoin, don't sell Bitcoin." I will buy more Bitcoin. I will buy Bitcoin forever.
My strategy is based on the simple idea that you need to keep buying BTC with your extra money. The coin's rate against the dollar will forever rise, - said Sailor.
Michael advises treating Bitcoin as a long-term investment tool, and investing in it funds that will not be needed for four or, better yet, 10 years. In his opinion, one should not worry about the likely decline in the cryptocurrency rate in the short term. Instead, one should look to the future, expecting impressive dividends in a decade.
Saylor is no armchair expert, because he puts his strategy into practice. His firm, MicroStrategy, began buying Bitcoin in September 2020 and now owns $40,2 billion worth of coins. The company’s investments in digital assets have earned the company an unrealized profit of 71%, which in monetary terms amounts to $16,7 billion. That’s why the organization continued to invest in BTC even when the coin’s price reached $97,862.
Cases of MicroStrategy buying Bitcoin
