Read on Twitter
We’ve got BIG NEWS! We’re buying $5 million in Bitcoin on our own balance sheet.
That's right. $5 million.
That's right. $5 million.
Here’s why:
1. We believe it will store value more effectively than gold over the long term.
2. We believe it may become a medium for transactions, as/if pricing stabilizes in the decade ahead.
3. We believe it can act as a productive hedge against inflation.
1. We believe it will store value more effectively than gold over the long term.
2. We believe it may become a medium for transactions, as/if pricing stabilizes in the decade ahead.
3. We believe it can act as a productive hedge against inflation.
We generally recommend investors aim to own at least 30 stocks and hold them for a minimum of 5 years.
And we think Bitcoin can play a role within a diversified portfolio built with a focus on the long term.
And we think Bitcoin can play a role within a diversified portfolio built with a focus on the long term.
Since we’re focused on the long term opportunity, we don’t worry much about the volatility in the short term. We plan to hold this Bitcoin investment for many years and we'll wait for all of our members in our new 10X service to be able to buy before we do.
More info: https://www.fool.com/investing/2021/02/17/the-motley-fool-announces-5-million-investment-in/
