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This week, I stumbled across one of the coolest posts I’ve seen in a while – Jason Marquez, who says he is “just a Truck Driver that loves listening to Michael Saylor on YouTube,” revealed he has profited massively from listening to the advice of the MicroStrategy Executive Chairman.
According to Marquez, he invested big in Saylor’s bold Bitcoin bet, and now holds $866,000 worth of $MSTR stock, at an average cost of $46 per share — a profit of over $750,000.
After watching the collapse of Sam Bankman-Fried and FTX in 2022, Marquez says he got scared out of the market and “went all in on Saylor” because he considered that to be the safest bet. This wasn’t Marquez’s first time seeing money in crypto evaporate, and has said that he got burned on a hack in 2018. After that, he did not feel safe holding any crypto, including bitcoin.
This is the reality for many people in trying to navigate this Wild West industry. Losing money in hacks and exchange collapses is not fun, and it can easily turn people off from wanting to buy and hold bitcoin on their own. I can totally see why Marquez would have rather invested in a stock that is heavily accumulating bitcoin after witnessing these hacks.
Luckily, after getting more comfortable in this space, Marquez says he feels he has enough MSTR and his next move is to DCA into bitcoin. I applaud him because this is the smart move to make because actually owning the keys to your bitcoin in cold storage is the best thing to own in the end, as all fiat trends to $0 against bitcoin over time.
Regardless, at this point in time, Marquez is a soon to be millionaire off of this one stock trade alone, and is well set financially because of it. He put in the work to learn about Bitcoin and the potential of MicroStrategy's BTC accumulation plan, executed a plan of action, took his own hard earned money to invest in the stock, and profited big.
This is a legendary bear market story to be told in years to come. It reminds of the story of when American HODL sold his car to buy more bitcoin, riding a moped until bitcoin went higher.
As for me, I refused to get my car fixed. I would jimmy rig it on and off with a screw driver, just so I could stack cheap bitcoin and fix the vehicle later at a higher bitcoin price. Marquez’s story is yet another awesome example of an everyday person taking advantage of the opportunities in Bitcoin and translating that into a massive life upgrade. His trade earned him more money in one day than he makes in a year truck driving. Think about that.
Hats off to you sir, well done. And good luck to you now accumulating bitcoin!
This article is a Take. Opinions expressed are entirely the author's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
Full story here:
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