Michael Saylor has long been a fan of Bitcoin, and the wider crypto space. He believes digital currencies are the future. So much so—he put his money where his mouth is. His company, MicroStrategy, reportedly has a huge holding of Bitcoin, worth hundreds of millions. While Bitcoin has had a tough few weeks, he’s still bullish. And his sentiment on the long-term viability of crypto is great for the market as a whole, including a range of other interesting projects like GNOX.
Michael Saylor still things BTC could hit a million
In the recent market downturn, many market analysts have predicted that if BTC goes under $20,000, Saylor’s BTC holdings could be margin called. Others have argued that this is misinformation, and the actual figure is much closer to $3,000. Or that Saylor would find the funds to prop up his investments if he had to. While nobody is suggesting you should borrow to spend on crypto, Saylor is still confident about digitial currency and its bright future.
He actually thinks that if BTC doesn’t hit $0, it’s more likely to hit $1,000,000 per coin. And while this might take a few years to realize, he isn’t in it for the short term. So much so, Saylor has proclaimed that short term volatility should be ignored. If you believe in the long-term, then simple price fluctuations shouldn’t matter.
“When @MicroStrategy adopted a #Bitcoin Strategy, it anticipated volatility and structured its balance sheet so that it could continue to #HODL through adversity,” Saylor recently tweeted. He’s still bullish on Bitcoin.
What does this mean for GNOX?
GNOX has been enjoying incredible recent success at a time when much of the rest of the crypto market is struggling. And for good reason: it’s a truly innovative project that aims to democratize crypto investments and put DeFi staking benefits in the hands of both regular and institutional investors. Those investors have previously been hesitant to invest in crypto, but still want to earn good passive income. With Gnox’s unique treasury of funds (which are then invested into other projects on holders’ behalves), GNOX users get just that. Passive income returns with none of the headaches (and none of the required technical knowledge).
That’s why GNOX has recently been surging in popularity. And this surge could continue as GNOX moves through pre-sale 2 into pre-sale 3. More coin burns are also planned to help limit supply. Getting in early with GNOX could be key.
Conclusion
Saylor is still confident about the future of crypto, and this confidence could pay off with GNOX, the first truly democratic DeFi investment platform that gives real people real passive income.
Find Out More Here:
Join Presale: https://presale.gnox.io/register
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io
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