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Bitcoin Will Keep Making You Money – Michael Saylor Assures BTC Investors
Michael Saylor, the co-founder and executive chairman of Strategy (formerly MicroStrategy), has reiterated his conviction in Bitcoin’s potential for long-term profits. In a recent post, Saylor emphasized that Bitcoin will continue to generate wealth for its investors.
Saylor’s bold statement comes as Bitcoin is approaching its all-time high once more. Despite its volatility, the cryptocurrency has been making steady progress, regaining upward momentum and restoring confidence among investors. As prominent figures in the sector begin to adopt BTC, the asset’s supply decreases while demand increases, potentially driving its price higher.
The entrepreneur stated that if you don’t stop buying Bitcoin, you won’t stop making money. Saylor attributes this potential for generational wealth to the scarcity of the cryptocurrency and its growing adoption globally. He believes that BTC has gone through its riskiest times, and as accounting has been corrected, it may increase in value over time.
Institutional investors are increasingly recognizing the value of Bitcoin, with big institutions buying BTC at a significant rate. This move could push the asset’s price higher due to diminishing supply.
Source: bitcoinist.com
