Michael Saylor and bitcoin

[ven7net]

As far as recommendations to buy BTC are concerned, I would recommend that you refrain from doing so. The fact is that no one can know what will happen to Bitoin and its price, which means that if you recommend your friend to buy BTC and the price of BTC goes down, then you will probably be accused of losing money later. I would advise not to give recommendations on buying, but on the contrary, to give recommendations on the study of what BTC and the crypto market are, plus to study the history of the development of the crypto market and BTC. In other words, it is best to give information on the study, and let everyone choose to buy BTC or not. It happens that you recommend and a person without information buys and eventually loses, and this is bad for relationships and friendship.

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[hatshepsut93]

Michael Saylor is telling people to buy no matter what happens with the market. It works for him (so far) because he can afford to do that. Even if his company fails, he probably has a few millions stashed away for some worst case scenario. This man will never work from paycheck to paycheck.

Poor or middle class people are in a vastly different situation than him, they need to be more careful with how they make investments. There was a post on reddit about a guy who watched to much Saylor's videos, though that Bitcoin will be going up and up, so he started doing leveraged trading and lost all his savings.