Suze Orman: Bitcoin Could Drop to $12K, but I Won’t Sell ‘No Matter What’

Popular financial advisor Suze Orman, who declared her love for Bitcoin back in March, said during a recent interview that she had bought Bitcoin with the help of PayPal.

Orman has “written ten consecutive New York Times bestsellers about personal finance. She was named twice to the Time 100 list of influential people, has won two Emmy Awards, and eight Gracie Awards.”

In an interview with NextAdvisor released on Thursday (June 24), she was first asked if she owned any crypto.

Orman replied that although she only owns $5000 BTC at the moment, last year she bought exposure to Bitcoin by buying MicroStrategy Inc. stock (NASDAQ: MSTR)

I do own crypto… However, I only own $5,000 right now of Bitcoin… last year I went in and I bought a company by the name of MicroStrategy that was at $125 dollars a share back then and I put a considerable amount of money into that stock and the reason that I did so is that truthfully I didn’t really know how to buy a large amount of Bitcoin… Coinbase was aggravating me… It was just too complicated for me, even though it’s not complicated at all. I didn’t want to get one of those wallets…

So I bought MicroStrategy because the CEO was putting 100% of their working capital, all the cash that this company had, into Bitcoin… I thought ‘oh if Bitcoin goes up, the price of his stock will go up… So, that’s how I did it… So the stock went from $125 to $1,030 and that’s where I sold. It’s now about $400…

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