1eyedmonkey Channel
how to do Michael Saylor’s corporate bitcoin strategy as a normal person
16 Oct 2024
How individuals can apply MicroStrategy’s approach to Bitcoin by using their personal finances by reallocating cash savings or low-yield investments into Bitcoin for potential growth. Borrowing through home equity loans, personal loans, or credit cards is another option, though it’s risky. You can also sell underperforming assets, like bonds or stocks, to invest in Bitcoin.Dollar-cost averaging (DCA) is recommended as a safer way to invest steadily over time. Tax-efficient strategies, such as using retirement accounts, and securing Bitcoin in cold storage are key considerations for long-term holding. The emphasis is on managing risks and securing your investments.#BitcoinStrategy #PersonalFinance #InvestingInBitcoin #CryptoInvesting #DollarCostAveraging #CryptoRiskManagement #BitcoinInvestments #FinancialStrategy #SecureYourCrypto #ColdStorage #mstr #michaelsaylor
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