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Michael Saylor compares Bitcoin with Apple, Amazon

From finance.yahoo.com

One thing I have learnt as an investor is that patience pays. And Michael Saylor just reminded us of the same, especially when it comes to investing in crypto. Bitcoin’s latest pullback has rattled traders. At press time, Bitcoin (BTC) was trading at $64,497.36, after briefly sliding below $63,000. In a recent interview with Natalie Brunell, the Strategy executive chairman compared Bitcoin’s current slump to the long “wilderness” periods endured by tech giants like Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) before they became market darlings. “It’s been 137 days since the last all-time high, that’s four and a ... (full story)

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  • Category: Fundamental Analysis