Quote from: Ryu_Ar1 on April 07, 2024, 06:35:16 PM

I don't recommend it if it's a holding company that was inherited from his parents because even though being in bitcoin is a good thing but don't involve any form of business to bitcoin let alone try to follow what Saylor did because in the end we don't know how your friend's company is running because what Saylor did was proportional to the stability of his company but what if your friend's company is not as good and stable as that because it will only make your friend bother himself in the end.

It's not wise to follow the moves of big companies such as MicroStrategy because they have teams to manage every aspect of the company including the finances and how their investments should be done and they have advisors and everything who do analysis and research and then come up with finalized decisions whether they should invest in a certain thing or not, it's not as simple as one might think it is.

So as you said, I wouldn't recommend a small company investing in something just because they have seen a bigger company doing it and gaining success through it. The owner of the MicroStrategy company, Michael Saylor, is a big businessman and he knows what he is doing with his company's funds unlike the friend of OP who has no idea what he should do with the money kept in the bank.