It's not a good idea to thoughtlessly follow in the footsteps of a big player when it announces that it's going to be buying, selling, or holding an asset, especially when it comes to cryptocurrencies like Bitcoin (CRYPTO: BTC). On March 6, President Donald Trump issued an executive order directing the establishment of a Strategic Bitcoin Reserve and saying that "Government BTC deposited into the Strategic Bitcoin Reserve shall not be sold..." Executive orders can be reversed -- by this president or a future one -- but I consider this a major move in favor of Bitcoin.