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MicroStrategy: Tips for Investing in Bitcoin


Remember MicroStrategy? The company that invested $ 425 million in Bitcoin? Well today he offered advice for any company or person who wants to invest in Bitcoin.

Following the crypto path of another

Today Michael Saylor, CEO of MicroStrategy, published an article on Twitter for any investor or company that sees Bitcoin as a reserve asset.

Theoretically, the article is a series of resources selected by the company with the aim of serving as advice for Bitcoin investors. Apparently these are materials that were useful in making the decision.

When reviewing the link shared by Saylor we find that most of the resources are interviews with Saylor himself or articles on MicroStrategy’s decision to buy Bitcoin.

So it seems that MicroStrategy’s main advice for investing in Bitcoin is to watch Michael Saylor in action, and presumably do the same.

Meanwhile, Bitcoin (BTC) has managed to break above the $ 11K level to sit slightly above. According to the CryptoTrend tool, Crypto Online, the price of Bitcoin at the moment is $ 11,055.

More cryptocurrencies, more crypto now!

Investment bank Standard Chartered appears to have plans to increase its crypto holdings on behalf of institutional investors.

The reason is that the bank submitted three job applications in the last two weeks to create a crypto asset team to support this goal.

John McAfee has fun in prison

This week, one of the most controversial news of the month was released in the crypto community: John McAfee had been arrested in Spain for illegally promoting initial coin offerings (ICOs) and evading his tax obligations.

But, as if it had not been enough, today he is talking again. Specifically his wife, Janice McAfee, who public on Twitter a message from her husband.

«I am having a fascinating time. The Spanish prison is not so bad. We can wear whatever clothes we want. We can smoke and socialize. It’s like the Hilton with no turndown service “, noted John who is awaiting his extradition.

Obviously this is a topic of conversation in the crypto community, especially on Twitter.

Bank of Japan ready to start digital currency testing

The Bank of Japan noted today that, despite having no immediate plans to issue a CBDC, it believes it is essential to be prepared.

Accordingly, it has two proof-of-concept phases beginning in April 2021. It is important to note that such proofs may one day lead to a pilot.

In a few lines …

  • Andreessen Horowitz He launched Crypto Startup School, a crypto documentary that explores the stories behind the field of crypto training.
  • Discovered vulnerability in previous versions of Lightning Network Daemon (LND).
  • The United States Attorney General published the Crypto Enforcement Framework.
  • Scott melker he pointed that hodleing will be much more profitable than trading in the long run.

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