Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
As a proxy to $BTC, $MSTR is really outperforming on the one year time span, you'd make alot more just buying MicroStrategy than Bitcoin on a percentage gain basis. 503% vs 144% gain past year.
Will be interesting to see if that trend continues.
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MicroStrategy is currently the most successful Bitcoin company, holding Bitcoin for years to come. But even if their dollar amount is high, they have invested more, but if we are holding in Bitcoin with a small amount of dollars like them, it will be a much larger amount later. That's why microstrategy companies adopting the DCA approach will be as successful in the future, but MicroStrategy has more money and benefits. So DCA method is the best investment to make yourself successful and have few dollars.
Will be interesting to see if that trend continues.
Source Link
MicroStrategy is currently the most successful Bitcoin company, holding Bitcoin for years to come. But even if their dollar amount is high, they have invested more, but if we are holding in Bitcoin with a small amount of dollars like them, it will be a much larger amount later. That's why microstrategy companies adopting the DCA approach will be as successful in the future, but MicroStrategy has more money and benefits. So DCA method is the best investment to make yourself successful and have few dollars.