Topic: Motley Fool Adding $5 million worth bitcoins on their Balance Sheet (Read 191 times)

"Influencers" start "influencing" everyone to buy when the market is in ATH/near ATH during peak bull cycle? Why? Because they want to sell to us and take profit from us, the plebs, the newbies, the poors.

It's the perfect cycle for a new strategy. Buy the DIPs during peak bear market, and front run everyone if you want to sell. But if in doubt, just HODL.

"Influencers" start "influencing" everyone to buy when the market is in ATH/near ATH during peak bull cycle? Why? Because they want to sell to us and take profit from us, the plebs, the newbies, the poors.

It's the perfect cycle for a new strategy. Buy the DIPs during peak bear market, and front run everyone if you want to sell. But if in doubt, just HODL.

I think this is a reasonable action since the price of Bitcoin is still quite low, and then it will show growth. If I were a whale, I would also show everyone that I believe in Bitcoin and buy it. This shows other people that they can enter the market calmly.
It looks like an avalanche effect, and Motley Fool has launched its snowball.
It seems that influencers are fully aware of how they can influence the cryptocurrency market.

Positivity is required by each and every investors otherwise we would have been playing stones and pebbles to be honest. Humans are complicated and they always need a spark to do something. Whether it is a millionaire who is getting motivated by the dream of becoming billionaire one day OR whether it is you and me getting motivated with the fact that holding bitcoin consistently might make us millionaire one day, everyone goes through that path for sure.

It's the first time I hear about The Motley Fool, but it seems that the amount of $ 5 million is not huge compared to its name. I tried to search for the company's net profits during the past year to estimate whether this amount is a real investment or is it a hedge against inflation by putting 1% to 2% of the profits in High risk investment.


Overall, it is good to hear some positive news after months of negative news.

Positivity is required by each and every investors otherwise we would have been playing stones and pebbles to be honest. Humans are complicated and they always need a spark to do something. Whether it is a millionaire who is getting motivated by the dream of becoming billionaire one day OR whether it is you and me getting motivated with the fact that holding bitcoin consistently might make us millionaire one day, everyone goes through that path for sure.

It's the first time I hear about The Motley Fool, but it seems that the amount of $ 5 million is not huge compared to its name. I tried to search for the company's net profits during the past year to estimate whether this amount is a real investment or is it a hedge against inflation by putting 1% to 2% of the profits in High risk investment.


Overall, it is good to hear some positive news after months of negative news.

We don't need news like that to motivate ourselves because we have already experienced many events in the market. This situation, where the market is experiencing a decline and rising again, has given us evidence that we will get big profits if we keep bitcoins for a long time. News like that is bound to happen, and if you read negative news, will you lose your motivation to invest and keep bitcoins? I don't think it will affect people who have trusted bitcoin for a long time. So make up your mind to save your bitcoins, and don't get swayed by the news. But that news will motivate new people who begin investing in bitcoin.

MotleyFool used to be one of the better investment websites. Back when their columnists and advice was written by early adopters of amazon, home depot and other excellent buys.

Somewhere along the line, it seems that many of their best authors and writers left for greener pastures. And were replaced by millennials who lacked the same degree of business or investment acumen. That was when the quality of their content declined. Their long history of recommended buy in winners, was replaced by significantly reduced win versus loss record.

I say this as someone who has read and followed their website since the financial crisis, back around 2009.

Hopefully this BTC recommendation is a display of motleyfool returning to its roots and winning ways.

Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin  with the expectation that it will rise to $500,000. Announced earlier today via a blog and Twitter post, the firm stated it won’t be “buying overpriced ETFs” but will be “buying Bitcoin directly.” Currently ranked fifth globally in the investing category, according to Similar Web, and with 87 million website visits per month, The Motley Fool outlined three core reasons behind the purchase: Bitcoin is a better store of value than gold, it's an effective hedge against inflation and it has the potential to become a transactional asset.

The firm will be investing in Bitcoin through its 10X real-money portfolio as one of 40 assets that it predicts will provide a 1,000% return over the next 15 years. The firm has recommended the digital asset as a core holding to all its 10X members and has provided time for them to purchase BTC before The Motley Fool initiates its own purchase. It added that in the coming weeks the company "will also be separately buying $5 million in Bitcoin on our own balance sheet."

Due to the long-term commitment, the announcement explains that volatility is of little concern.

“While Bitcoin may very well continue to be volatile in the short term, we think it has 10x potential from today's levels over the long term as part of a diversified portfolio. We plan to hold this Bitcoin investment for many years.”
Should the company’s prediction prove true, it will see Bitcoin passing $500,000 within the next 15 years. The Motley Fool says it has a solid track record with its investments.

The Motley Fool has so far named 10 of the 40 investment picks for the 10X portfolio, with the others being cloud computing company Appian Corporation, Swiss biotech firm CRISPR Therapeutics, cybersecurity firm CrowdStrike, e-commerce platform Etsy, genetic testing platform Fulgent, insurer Lemondate, social media platform Pinterest, mobile gaming platform Skillz and video communication firm Zoom. It is worth noting that many of these stocks have already been recommended in the firm’s other, more basic investment services.

The advisory firm has been aware of cryptocurrencies for years now, with a 2017 analysis suggesting that Bitcoin’s biggest competitor was not Ethereum but Litecoin.

Fun fact: The second-most visited site users go to from The Motley Fool website is that of the Internal Revenue Service.

The headline has been updated. The $5M investment will be added to company's balance sheet rather than to the 10X portfolio.  The dollar amount allocated to the portfolio has not been disclosed but Motley Fool said it will be a "core holding".