michaelsaylor
Elon Musk has no plans to sell his Bitcoin. The Tesla and SpaceX boss has offered up his advice amid rising inflation prices and suggested owning property and investing in popular products is the way forward, while also declaring that he will not be parting with his Bitcoin, Ethereum and Dogecoin, all forms of crypto-currency. Speaking to fellow businessman Michael Saylor in a Twitter exchange, Musk stated: "As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than do...
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Bitcoin could be on the cusp of a major breakthrough. That is according to Nigel Green, the CEO of the financial advisory firm deVere, who has suggested that the cryptocurrency could soon achieve sustainable success, following an impressive spike in value over recent months. He said: "Bitcoin has been on an epic rally since last October. Almost week-on-week, the price has been smashing through barrier after barrier, reaching new highs. "However, this momentum has been slowing down ... This temporary bitcoin price slowdown could trigger a new surge in institutional investment, leading to prices...
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Bitcoin represents a solid investment, according to an industry expert. The cryptocurrency has recently seen a dramatic spike in value and while some people have suggested its good run cannot be maintained, Michael Saylor, the co-founder of MicroStrategy, thinks Bitcoin is here to stay. Speaking to Bloomeberg, he explained: "Once people start thinking about what they want, which is a non-sovereign, safe-haven store of value, they’re going to realise that bitcoin does the job of gold better. If we bought gold instead of bitcoin, we would be down $2 billion. It would have been a disaster." Micro...
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