Quote from: cutepanda159 on Today at 07:13:03 AM

Quote from: Outhue on April 05, 2024, 09:10:33 AM

I told him to think about investing that money if he wants to keep the company growing, I told him about how MicroStrategy is doing so well using Bitcoin as a strong backbone of the company, I believe that even a small company can turn big if they use Bitcoin as their main investment.

Investing in Bitcoin can potentially bring high returns, but it also carries significant risk due to its volatility. Your friend should carefully assess whether it aligns with his company's goals and risk tolerance. Diversification and understanding regulatory risks are important considerations. Consulting with financial advisors is advisable before making any investment decisions.

Aside from the risk of losing at instant anf having to wait a long term to witness the significant profits from bitcoin, it still remains the best ifor of investment and at the same time savings for anyone looking foe long terms, but in this case the ops did not mentioned if the money was saved for the day to day running of the company, or a cash flow that is like in excess profits.

But whichever ways,it depends on the friend investment mentality and his knowledge about Bitcoin as an alternative to fiat investment and also the advantages of bitcoin being an assets.