Is this the wrong advice? A friend of mine took over his father's company because he is so old already and he told me about the money thats available doing nothing in the bank.
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.
Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
You're dead wrong about that advice, no matter how you look at it, it's not your money and your misinformation about Microstrategy led you to give this stupid advice to your friend, they're not just focused on one facet of technology and they're mostly business intelligence thing, if that's what the company of your friend is then I've got nothing to say but it seems that's not the case so I got to tell you that in the event that the price of bitcoin drops to a whopping amount, are you ready to take the blame for advising that friend to invest that leftover money into bitcoin? What if that money was something that your friend could have used for an emergency in the company or for himself? It's too late now to think about this kind of thing, whatever worse may come (hopefully none) for you friend's bitcoin investment, hopefully you would be able to bear the consequence of the possibility of being blamed.