What’s your Bitcoin strategy? What about your financial strategy in general? A lot of people have no idea on either, have no plan and as a result, usually end up with no money. If you want to succeed in life, a strategy and planning is usually a good idea, so today we’re going to get you started on setting up and understanding the awesome Bitcoin24 forecasting tool that’s Bitcoin through and through.
Spreadsheets Are Common
While spreadsheets that forecast things are generally a dime a dozen, they’re not usually built from the ground up with Bitcoin in mind. They’re also not usually built by people who deeply understand markets and finance either. More often than not, they’re made by armchair enthusiasts that, while perhaps well intentioned, might not know what they don’t know. The Dunning–Kruger effect is real and can result is some huge mistakes.
As a result, these existing forecasting models, spreadsheets or other documents can introduce significant errors or just not help direct you in the best way if you’re someone who’s seen the Bitcoin light. That’s why we thought it might be helpful to shine a light on a modeling spreadsheet that was crafted by none other than Michael Saylor himself.
There Is No Second Best
For those unaware of who Michael Saylor is, he’s an American entrepreneur and business executive that 4 years ago, hugely altered the course of the company he co-founded firmly towards Bitcoin.
Saylor is a bitcoin advocate and under Saylor MicroStrategy has spent billions of dollars to purchase over a hundred-thousand bitcoin
Wikipedia
According to Bitcoin Treasuries, MicroStrategy currently HODLs 244,800 bitcoin valued at around $14.69 billion dollars. Not bad considering they’ve spent only $9.45 billion! It’s also worked out pretty damn well for the company too! They’ve outperformed literally every single other company in the S&P500, including Nvidia!
As someone who’s not only run a huge business for decades and that had considerable personal wealth long before he started investing in Bitcoin, he also has a huge knowledge of financial markets, history, engineering and more. In short, he knows his shit and when he discusses Bitcoin people listen.
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