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.
it's not a bad advice but this is about money and not everyone believes that Bitcoin is legit, if your friend believes you and you can help him out and lecture him how it works. Then what he have to do is for him to divide the money and start investing you can't let him start with all the money at once, we all know that investing with Bitcoin it's a life changing so introducing it to him it's aslo a help to his life no matter how Bitcoin goes down and up. It's a help to him.