American financial advisor Suze Orman says she loves bitcoin. She has provided some advice on how to invest in the cryptocurrency a month, noting that she prefers to buy bitcoin through Paypals crypto service because the payments giant has made it easy to do so.
Suze Orman Loves Bitcoin
Suze Orman said she loves bitcoin in an interview with Yahoo Finance published Friday where she shared her bitcoin investing strategy and advised listeners how they should start investing in the cryptocurrency.
She founded the Suze Orman Financial Group in 1987 and her Suze Orman Show ran on CNBC from 2002 to 2015. She has written 10 consecutive New York Times bestsellers about personal finance and was named twice on Time Magazines list of the 100 most influential people. In addition, she won two Emmy Awards and eight Gracie Awards. In 2016, she was appointed as a personal finance educator for the United States Army and Army Reserve.
Orman was asked Friday, what is your take on bitcoin? Referencing one of her recent podcasts dedicated to cryptocurrency, she replied:
I love bitcoin. I like the universality of it.
She elaborated, I like that its just there and the corporations that are investing in it. However, the two-time Emmy-Award-winning television host added: I do not like bitcoin as a currency. I dont like it where youre going to buy a Tesla or you are going to buy something with it. I like it as a possible replacement for gold, as an investment. Recently, Elon Musks electric car company, Telsa, said that it will soon start accepting BTC as a means of payment for its products.
Orman further revealed: I personally played bitcoin through Microstrategy. In June of last year, I bought Microstrategy at about $125 a share, right around there. She explained that There was something about the CEO, Michael Saylor, who made her think, this man is making sense to me. Microstrategy has been buying bitcoin since August last year. As of Mar ...
Disclaimer: The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.