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.
Don't advice like this kind of advices to everyone, because they can have a reason to blame you when thier money lost on this type of investment, we all know that not all of the investment will going to gain success in a long run, just teach them what is microstrategy or what is bitcoin and he will be the one to decide if they want to invest or not.