Michael Saylor: "Bitcoin is money you can't afford to lose"
As the crypto community endures volatile Bitcoin price swings, prominent cryptocurrency proponent Michael Saylor once again reiterated that Bitcoin remains an important asset that cannot be ignored. In his words, “Bitcoin is money you can’t afford to lose.”
Apparently, Sailor decided to share these inspiring words after a short-term decline in the price of Bitcoin in the range of 56 thousand dollars. At the current price of $57,600, Bitcoin is trading at one of its lowest points in two months.
Following the cryptocurrency's significant price decline in recent days, more than 141,000 crypto traders who bet on Bitcoin's upward trajectory have been liquidated, amounting to more than $400 million. However, the MicroStrategy chairman and BTC hodler sees no reason to worry.
It showed Bitcoin's performance over the past eight years compared to traditional investments including the S&P 500, gold, US real estate, US dollar, Nigerian naira, Turkish lira and Argentine peso.
