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CC-Transcript

  • 00:00So about this possible winter. Are you really not feeling the cold. Look if you're going to invest in Bitcoin a short time horizon is four years. Meantime horizon is 10 years. The right time horizon is forever. You know Warren Buffett said you know if you wouldn't hold it for 10 years you shouldn't hold it for 10 minutes. So if you look at the course of four years no one's ever lost money over four years holding Bitcoin. And if you look at you know our experience we started buying it at ten thousand dollars and now it's up by a factor of four. So. So given the right time horizon you're fine. So it's a blessing and a curse the blessing as it makes it the most exciting interesting thing in the financial universe. Everywhere in the world. And and the curses it can induce anxiety for people that have a short attention span or are focused on a narrow time horizon.
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Bitcoin Is a Blessing and a Curse, Says Saylor

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January 20th, 2022, 4:29 PM GMT+0000

MicroStrategy Chairman and CEO Michael Saylor talks about why investing in Bitcoin is both a "blessing and a curse." He's on "Bloomberg Studio 1.0" with Emily Chang. (Source: Bloomberg)


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