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 have just bring yourself into a negative approach here because imagine you directly told him to invest or
use bitcoin when the best thing to deal here is tell him to study and understand bitcoin and let him decide what
to do next , the money sitting in the bank is like funds that going nowhere but for bank owners favor.
your friends is good and smart enough to understand bitcoin specially if you will tell him your success here ,
but that will be the start of the journey.