Motley Fool Adding $5 million worth bitcoins on their Balance Sheet

[Flexystar]

This should be news which will put a smile on your face and it could take your hands right into your pockets to take out those fiat and invest into the bitcoin for long term holdings.

Motely Fool which is Financial and Investment Advisory giant, has taken next level leap with the bitcoin investments. The company publicly shared the information that they are investing arounf 5 million USD into bitcoin out of their own balance sheet because their analysis suggest the Bitcoin to reach $500,000 in next 10-15 years.

Obviously this is huge price for bitcoin but at the same time we do know that bitcoin has exceptional price hikes.

If we consider the last decade then bitcoin turned from few cents to 60K + USD in a decades of time. Now I am not going to go in trading analysis here but this giant firm has so much confidence that they think it will be 10X investment asset soon.

What do you think about such news which is way motivating for us to have some more time hodling our bitcoins?

 

Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin  with the expectation that it will rise to $500,000. Announced earlier today via a blog and Twitter post, the firm stated it won’t be “buying overpriced ETFs” but will be “buying Bitcoin directly.” Currently ranked fifth globally in the investing category, according to Similar Web, and with 87 million website visits per month, The Motley Fool outlined three core reasons behind the purchase: Bitcoin is a better store of value than gold, it's an effective hedge against inflation and it has the potential to become a transactional asset.

The firm will be investing in Bitcoin through its 10X real-money portfolio as one of 40 assets that it predicts will provide a 1,000% return over the next 15 years. The firm has recommended the digital asset as a core holding to all its 10X members and has provided time for them to purchase BTC before The Motley Fool initiates its own purchase. It added that in the coming weeks the company "will also be separately buying $5 million in Bitcoin on our own balance sheet."

Due to the long-term commitment, the announcement explains that volatility is of little concern.

“While Bitcoin may very well continue to be volatile in the short term, we think it has 10x potential from today's levels over the long term as part of a diversified portfolio. We plan to hold this Bitcoin investment for many years.”
Should the company’s prediction prove true, it will see Bitcoin passing $500,000 within the next 15 years. The Motley Fool says it has a solid track record with its investments.

The Motley Fool has so far named 10 of the 40 investment picks for the 10X portfolio, with the others being cloud computing company Appian Corporation, Swiss biotech firm CRISPR Therapeutics, cybersecurity firm CrowdStrike, e-commerce platform Etsy, genetic testing platform Fulgent, insurer Lemondate, social media platform Pinterest, mobile gaming platform Skillz and video communication firm Zoom. It is worth noting that many of these stocks have already been recommended in the firm’s other, more basic investment services.

The advisory firm has been aware of cryptocurrencies for years now, with a 2017 analysis suggesting that Bitcoin’s biggest competitor was not Ethereum but Litecoin.

Fun fact: The second-most visited site users go to from The Motley Fool website is that of the Internal Revenue Service.

The headline has been updated. The $5M investment will be added to company's balance sheet rather than to the 10X portfolio.  The dollar amount allocated to the portfolio has not been disclosed but Motley Fool said it will be a "core holding".

Motley Fool adding Bitcoin to its ‘10X portfolio’ — Has a $500K price target

[coupable]

Of course, it is good to see more financial institutions entering the field of crypto, specifically bitcoin, since this contributes directly and indirectly to spreading awareness of digital currencies in exchange for partially abandoning fiat money assets.  At the same time, I find it funny that a financial advisory firm of this size has only now discovered that Bitcoin is real wealth and a safe investment in the short term.  This company, which claims that Bitcoin will reach the threshold of $ 500 million within ten years, is the same company that missed the opportunity to buy it when it was less than a thousand dollars or even a little more. 
An investment company that will venture that amount into investing in Bitcoin, will certainly promote it as its most successful deal, and therefore we should not be too deceived by its analysis, and let us suffice with thanking it for its step without asking it for an analysis.

[jackg]

I could never decide how noted that site was or how much money they had. It'd seem that they should've stopped making bearish articles about it a few years ago and plundered $500k into it then (netting the same investment value as they have now though maybe they were growing other investments instead to grow their capital for investing in bitcoin when they thought it was safer).

I doubt bitcoin's main competitor remains litecoin but for similar things it might be (if we separate the Turing almost complete, privacy coins and value storage coins as individual things but then a coin might rise up that can do all of them).

[BenCodie]

It feels like such little time ago that I was reading an article from Motley Fool about how terrible of an investment bitcoin was...

The Motley Fool: 10 Reasons Bitcoin Is a Terrible Investment - Posted by Sean Williams on October 17, 2020
The Motley Fool: 10 Reasons I'll Never Buy Bitcoin - Posted by Sean Williams on February 20, 2021

I wonder if Sean Williams was the one who made this tweet 

Also, is this a sign to do the opposite since they posted these articles during the previous bull runs?

[mk4]

Meh, $5 million is just a small drop in the bucket in the grand scheme of things. And taking note that their portfolio value is above $1 billion? You might as well call this $5 million position a hedge.

[Hydrogen]

MotleyFool used to be one of the better investment websites. Back when their columnists and advice was written by early adopters of amazon, home depot and other excellent buys.

Somewhere along the line, it seems that many of their best authors and writers left for greener pastures. And were replaced by millennials who lacked the same degree of business or investment acumen. That was when the quality of their content declined. Their long history of recommended buy in winners, was replaced by significantly reduced win versus loss record.

I say this as someone who has read and followed their website since the financial crisis, back around 2009.

Hopefully this BTC recommendation is a display of motleyfool returning to its roots and winning ways.

[adaseb]

I think I read Motley Fool back when I Was new to trading and honestly its no different than many of those other websites. You will not make any money by following their guides. I think they get many people who are new to trading and they think by following Motley Fool they will get great investment advice but you know how it works out.

They make everyone money in a bull market, then a bear market hits and everybody gives up their gains and some. And keep in mind that they posted this back in 2021, I actually remember when they said they would do this because its around the time when Tesla put bitcoin on their balance sheet and many companies were doing the same. Some event were 100% sure that Facebook would put bitcoin on their balance sheet but that was never true.

[el kaka22]

To be fair, I do not know who motley fool are, and I do not know if they are famous, but the five million number is quite small. Considering the amount of money that's changing hands everyday in the crypto world, I can easily say that they are not doing that great by adding just five million.

This could be a good influencing move if they are famous, maybe it is just me who never heard of them and millions of others did, and in that case this five million doesn't even matter because the amount of money their followers could put in could be a lot higher and that's why I believe that it is going to be pretty important to just put their money into crypto if you can as a big company.

[Wind_FURY]

Their hedge might be a little late, November was the Golden Opportunity, but their timing could still be considered "good enough" in my opinion. They too shall front-run everyone else looking for Bitcoin to HODL in their balance sheet during the next bull market.

 

MotleyFool used to be one of the better investment websites. Back when their columnists and advice was written by early adopters of amazon, home depot and other excellent buys.

Somewhere along the line, it seems that many of their best authors and writers left for greener pastures. And were replaced by millennials who lacked the same degree of business or investment acumen. That was when the quality of their content declined. Their long history of recommended buy in winners, was replaced by significantly reduced win versus loss record.

I say this as someone who has read and followed their website since the financial crisis, back around 2009.

Hopefully this BTC recommendation is a display of motleyfool returning to its roots and winning ways.

Or it's probably just those Milliennials "got lucky" to make the right investment decision.

[bettercrypto]

10-15 years can happen that 500k$ is a bitcoin? at this point, anything can happen to bitcoin, we know that this bitcoin always does something that we don't expect it can reach a price that we don't think it will reach at this time.

       Let's assume that it happens that after 15 years it will be 500k$ each but for me, it is small in my opinion only. For this bitcoin to become a mutual fund after 15 years the value of the money that will be released now is high at the amount of 5M$. I just thought of it that's why I said it, but it's just my illustration.

Even so, let's just save bitcoin as long as its value is still low in the market.

[maydna]

We don't need news like that to motivate ourselves because we have already experienced many events in the market. This situation, where the market is experiencing a decline and rising again, has given us evidence that we will get big profits if we keep bitcoins for a long time. News like that is bound to happen, and if you read negative news, will you lose your motivation to invest and keep bitcoins? I don't think it will affect people who have trusted bitcoin for a long time. So make up your mind to save your bitcoins, and don't get swayed by the news. But that news will motivate new people who begin investing in bitcoin.

[hugeblack]

It's the first time I hear about The Motley Fool, but it seems that the amount of $ 5 million is not huge compared to its name. I tried to search for the company's net profits during the past year to estimate whether this amount is a real investment or is it a hedge against inflation by putting 1% to 2% of the profits in High risk investment.


Overall, it is good to hear some positive news after months of negative news.

[Flexystar]

It's the first time I hear about The Motley Fool, but it seems that the amount of $ 5 million is not huge compared to its name. I tried to search for the company's net profits during the past year to estimate whether this amount is a real investment or is it a hedge against inflation by putting 1% to 2% of the profits in High risk investment.


Overall, it is good to hear some positive news after months of negative news.

Yes there books are big and they are one of the risk takers for sure. The company is neither recent and nor it started as crypto investment firm because their foundation dates back to the 1993 year which is quite impressive timeline. We should anyway take positive crux from it that firm picked up on the bitcoin investment along the way.

They really set the good example of investing into assets which are newly invented and has potential to grow.

The Motley not only invest in the bitcoin but also in the alternate portfolio which has huge potential to become 10X in the coming decade or so.

We don't need news like that to motivate ourselves because we have already experienced many events in the market. This situation, where the market is experiencing a decline and rising again, has given us evidence that we will get big profits if we keep bitcoins for a long time. News like that is bound to happen, and if you read negative news, will you lose your motivation to invest and keep bitcoins? I don't think it will affect people who have trusted bitcoin for a long time. So make up your mind to save your bitcoins, and don't get swayed by the news. But that news will motivate new people who begin investing in bitcoin.

Positivity is required by each and every investors otherwise we would have been playing stones and pebbles to be honest. Humans are complicated and they always need a spark to do something. Whether it is a millionaire who is getting motivated by the dream of becoming billionaire one day OR whether it is you and me getting motivated with the fact that holding bitcoin consistently might make us millionaire one day, everyone goes through that path for sure.

[Wind_FURY]

It's the first time I hear about The Motley Fool, but it seems that the amount of $ 5 million is not huge compared to its name. I tried to search for the company's net profits during the past year to estimate whether this amount is a real investment or is it a hedge against inflation by putting 1% to 2% of the profits in High risk investment.


Overall, it is good to hear some positive news after months of negative news.

$5,000,000 may not be that large, but legacy financial institutions don't measure just the amount of their investment to an asset. They also measure the volatility and how much of a positive it can make relative to the whole portfolio. Because of high volatility, perhaps they think there's is no need for the portion invested in Bitcoin to be larger.

We don't need news like that to motivate ourselves because we have already experienced many events in the market. This situation, where the market is experiencing a decline and rising again, has given us evidence that we will get big profits if we keep bitcoins for a long time. News like that is bound to happen, and if you read negative news, will you lose your motivation to invest and keep bitcoins? I don't think it will affect people who have trusted bitcoin for a long time. So make up your mind to save your bitcoins, and don't get swayed by the news. But that news will motivate new people who begin investing in bitcoin.

Positivity is required by each and every investors otherwise we would have been playing stones and pebbles to be honest. Humans are complicated and they always need a spark to do something. Whether it is a millionaire who is getting motivated by the dream of becoming billionaire one day OR whether it is you and me getting motivated with the fact that holding bitcoin consistently might make us millionaire one day, everyone goes through that path for sure.

Plus to put the news in context, it's just a fact that they invested a portion of their money managed in Bitcoin. Positive, or negative, it doesn't matter. They just did that for their own portfolio.

[maydna]

We don't need news like that to motivate ourselves because we have already experienced many events in the market. This situation, where the market is experiencing a decline and rising again, has given us evidence that we will get big profits if we keep bitcoins for a long time. News like that is bound to happen, and if you read negative news, will you lose your motivation to invest and keep bitcoins? I don't think it will affect people who have trusted bitcoin for a long time. So make up your mind to save your bitcoins, and don't get swayed by the news. But that news will motivate new people who begin investing in bitcoin.

Positivity is required by each and every investors otherwise we would have been playing stones and pebbles to be honest. Humans are complicated and they always need a spark to do something. Whether it is a millionaire who is getting motivated by the dream of becoming billionaire one day OR whether it is you and me getting motivated with the fact that holding bitcoin consistently might make us millionaire one day, everyone goes through that path for sure.

It's true what you say. But if we don't start learning to find out and just use other people's stories as motivation, we may be slow to progress. We must be able to motivate ourselves, and other people's stories might be helpful, but it would be better if we realized that we needed to do something and did not need to wait for motivation from others. For example, if we dream of becoming a billionaire, do we just wait until we get news or the true story of someone who becomes a billionaire in a short time and uses an easy method? Of course not. We must try to change it and use it as motivation to change, especially in investing in crypto.

[LoyceV]

I've seen the Motley Fool before, they basically sell stock picks, and charge $99, $499 or $1999 per year for this. With more than half a million (according to their website) subscribers, it basically becomes a self-fulfilling prophecy: they tell them to buy a certain thing, their subscribers do it, and the price goes up.

Half a million dollar per Bitcoin is less than 8x from the peak. Given Bitcoin's history, that's not impossible and it could happen much sooner than 10 years. Making a 10x prediction for Bitcoin isn't that spectacular.

[summonerrk]

I think this is a reasonable action since the price of Bitcoin is still quite low, and then it will show growth. If I were a whale, I would also show everyone that I believe in Bitcoin and buy it. This shows other people that they can enter the market calmly.
It looks like an avalanche effect, and Motley Fool has launched its snowball.
It seems that influencers are fully aware of how they can influence the cryptocurrency market.

[Wind_FURY]

I think this is a reasonable action since the price of Bitcoin is still quite low, and then it will show growth. If I were a whale, I would also show everyone that I believe in Bitcoin and buy it. This shows other people that they can enter the market calmly.
It looks like an avalanche effect, and Motley Fool has launched its snowball.
It seems that influencers are fully aware of how they can influence the cryptocurrency market.

"Influencers" start "influencing" everyone to buy when the market is in ATH/near ATH during peak bull cycle? Why? Because they want to sell to us and take profit from us, the plebs, the newbies, the poors.

It's the perfect cycle for a new strategy. Buy the DIPs during peak bear market, and front run everyone if you want to sell. But if in doubt, just HODL.

[summonerrk]

I think this is a reasonable action since the price of Bitcoin is still quite low, and then it will show growth. If I were a whale, I would also show everyone that I believe in Bitcoin and buy it. This shows other people that they can enter the market calmly.
It looks like an avalanche effect, and Motley Fool has launched its snowball.
It seems that influencers are fully aware of how they can influence the cryptocurrency market.

"Influencers" start "influencing" everyone to buy when the market is in ATH/near ATH during peak bull cycle? Why? Because they want to sell to us and take profit from us, the plebs, the newbies, the poors.

It's the perfect cycle for a new strategy. Buy the DIPs during peak bear market, and front run everyone if you want to sell. But if in doubt, just HODL.

Yes, I have never doubted the reasons why the rich "share" their "useful" information with us on social networks - they don't care about us, and manipulation is manipulation.
The only thing you need to know is that coins / bitcoin need to be bought at the bottom - before the rich start pumping them. Or sell before they sell their coins at the top. After that, they will sow panic and wait for a profitable purchase at the future bottoms. And if you are in an avalanche, in a wave, you are already losing.than the rich. Or sell before they sell at the top.
After that, they will sow panic and wait for a profitable purchase at the future bottoms. And if you are in an avalanche, in a wave, you are already losing.

[lixer]

I think this is a reasonable action since the price of Bitcoin is still quite low, and then it will show growth. If I were a whale, I would also show everyone that I believe in Bitcoin and buy it. This shows other people that they can enter the market calmly.
It looks like an avalanche effect, and Motley Fool has launched its snowball.
It seems that influencers are fully aware of how they can influence the cryptocurrency market.

"Influencers" start "influencing" everyone to buy when the market is in ATH/near ATH during peak bull cycle? Why? Because they want to sell to us and take profit from us, the plebs, the newbies, the poors.

It's the perfect cycle for a new strategy. Buy the DIPs during peak bear market, and front run everyone if you want to sell. But if in doubt, just HODL.

They don't really need to do that because people will just automatically buy on their own. Now that we are close to the bull run, many newbies are excited to fill their bags with coins. I think move like this that influencers are doing, will fit better on the early days and on the middle of bear market because there are people who are still in fear of buying coins thinking it will dump more and they think it's now the end of the crypto market.

Overall, I still find this as a good news because I think they are sincere about this move. You know them big companies, they always do a DCA just like El Salvador and Microstrategy last time who reportedly buys bitcoin even if the coin is already at the recovery stage.