What will happen to btc when Michael Saylor's Strategy decide to take Profit?

[Free Market Capitalist]

What will happen when Saylor decide to take profit?

Only someone who has no idea about anything would ask that question.

Yes, Saylor is a die-hard fan/maxi of btc, but we all know nothing goes on forever, one day Strategy might decide to cash out, wont that action cause a major downward crash to the price of btc? How much impact will the sell out cause? Or will he never sell? If he doesnt sell, how then does he realize profit?

What you could do before asking illiterate questions is inform yourself. Never sell the top asset. Selling Bitcoin for dollars is selling the number one asset for something worthless that keeps losing value. To get cash, he has set up a whole structure to replace traditional capital markets with products such as STRC or STRF, which have recently started paying dividends in dollars. But I won't go on, lest you get dizzy with the explanation.

[Hamza2424]

Yes, Saylor is a die-hard fan/maxi of btc, but we all know nothing goes on forever, one day Strategy might decide to cash out, wont that action cause a major downward crash to the price of btc? How much impact will the sell out cause? Or will he never sell? If he doesnt sell, how then does he realize profit?

These are the thoughts that flooded my mind, I would like to hear what well versed btc OGs think about this.

Once he starts booking profit everything will turn red haha just kidding but for short time, everyone would be selling, the situation will be the same as it was when Elon sold in the 2021 and market dumped and it was all over the news, panic, fud, FOMO, you name it, everything was in the minds of people they did not know what to do.

And when bitcoin hits $15k they thought it is finished haha, anyway at that time MSTR sold some bitcoins, they will sell and that is for sure because they can't just sit on unrealized pnl forever.

One day they will sell, market will dump, but will recover soon, because I am sure they will buy again. It also depends on how much they sell.

[Cointxz]

Saylor is not dumb to sell all holdings that will crash the market. He will do the unloading slowly without damaging Bitcoin price if that’s your concern on this thread.

Everyone knew that institutional investors like Saylor will soon take profit but that doesn’t mean he will sold all his Bitcoin while he is already positioned with better buying price.

[Ucy]

If he is indeed a pro Bitcoin person with support that's based on Bitcoin principles then the impact could be felt, but alittle, since he isn't the only one contributing to Bitcoin.
Notwistanding, if the possible impact on the market is - 1% you could prevent that from happening by making positive contribution to Bitcoin that's greater than 1%, and the contribution is not necessarily financial. The biggest effect are ones based on good faith and principles.

And It's important to note that the value of money invested in Bitcoin is equal to the cleanliness of the money. for example, $1million of money earned from bad foods will have less effect on the price compared to $1million dollar from good foods . This was done this way to prevent bad actors from manipulating the price since they are likely to be the ones earning money from evil things.

[bubilas]

I read yesterday that Michael Saylor the cofounder and CEO of Strategy purchased another stash of BTC, I think 196 bitcoin for $22 million, bringing total holdings of Strategy to 640,031 BTC, I was happy as it showed bullishness on BTC but my joy was short-lived as a major thought about the purchase struck my mind and left me with a lingering question and fear:

What will happen when Saylor decide to take profit?

Saylor has been stacking BTC for years now and his holding through Strategy purchase is not little as Strategy btc holdings account for over 3% of btc total supply.

Yes, Saylor is a die-hard fan/maxi of btc, but we all know nothing goes on forever, one day Strategy might decide to cash out, wont that action cause a major downward crash to the price of btc? How much impact will the sell out cause? Or will he never sell? If he doesnt sell, how then does he realize profit?

These are the thoughts that flooded my mind, I would like to hear what well versed btc OGs think about this.

I believe that even a single mention of the head of Strategy will cause Bitcoin's price to fall, because he has become as influential as Trump, albeit only in cryptocurrencies, not stocks and the stock market. He can manipulate even with a single tweet.
Could this happen? Unlikely, because he looks like a staunch Bitcoin investor for years to come. And I hope so, because we've all become accustomed to his weekly purchases, which push prices higher and strengthen faith in Bitcoin.

[Gentle_Soul]

Let me ask you this, what do you think would change about Bitcoin itself if he sells everything his company owns (not just take profit, sell the entire stash)?

The answer is simple: absolutely nothing.

Bitcoin will remain the same global decentralized money that is censorship resistant and cannot be blocked. It was like this when Saylor didn't own a satoshi and will continue being that even if he stops owning a single satoshi again.
So it will change absolutely nothing about bitcoin itself.

Market-wise it will obviously give a lot of weak hands the excuse to panic and start selling their coins to the whales who would be happily taking it from them at a discount. Such a panic only last a short time before the market goes back to normal!

Micheal saylor's  strategy is definitely a big holding in Bitcoin if withdrawn, it will definitely affect the market in a negative way that may not be favorable.
On the other hand, if there is a fall in the price as an after effect of Micheal saylor's selling off it's holdings then it may also give room for other financial companies to buy the dip, and buying the dip may help bring up the price to stability after a while but which ever way it will surely have an effect on the general Bitcoin market

The price of Bitcoin might fall for a period of time if this holdings are withdrawn this holdings is over 3% of total Bitcoin supply think of it, if sold out will cause a tremendous impact which may take a while to come to stability and if this happens it will start scaring people away from investing as they may be afraid of losing there Bitcoin or investments .

[SOKO-DEKE]

I read yesterday that Michael Saylor the cofounder and CEO of Strategy purchased another stash of BTC, I think 196 bitcoin for $22 million, bringing total holdings of Strategy to 640,031 BTC, I was happy as it showed bullishness on BTC but my joy was short-lived as a major thought about the purchase struck my mind and left me with a lingering question and fear:

What will happen when Saylor decide to take profit?

Saylor has been stacking BTC for years now and his holding through Strategy purchase is not little as Strategy btc holdings account for over 3% of btc total supply.

Yes, Saylor is a die-hard fan/maxi of btc, but we all know nothing goes on forever, one day Strategy might decide to cash out, wont that action cause a major downward crash to the price of btc? How much impact will the sell out cause? Or will he never sell? If he doesnt sell, how then does he realize profit?

These are the thoughts that flooded my mind, I would like to hear what well versed btc OGs think about this.

I don't think that Michael Saylor will want to take profit from his Bitcoin investment anytime soon, because he believes strongly in Bitcoin. With this belief, his idea of continually accumulating Bitcoin over time even when he already has a significant amount in his wallets gives me confidence that he may not want to sell any of his Bitcoin soon but rather continue accumulating more.

However, even if he decides to sell a portion of his Bitcoin to take profits, I believe there will still be big investors who will continue accumulating. What I feel might happen is that, whenever he decides to take profit, the Bitcoin market price may dip. But with time, it will recover. We don’t need to panic during the period when Michael Saylor takes profit from his Bitcoin investment.

[hyudien]

Actually, you don't need to worry about this, my friend. Okay let's say one day Michael Saylor sells all of his company Bitcoin assets. Of course, I can't deny that there will be a bit of a shakeup and there will definitely be weak hands (investors with weak resolve) who will eventually follow suit and sell because they don't want to suffer a big loss. But behind the selling, there will also be buying. This is the cycle, and ultimately it won't change anything. So you don't need to worry as if the world will collapse if Michael Saylor sells all of his Bitcoin. No! That's not how it will end.

[HelliumZ]

I read yesterday that Michael Saylor the cofounder and CEO of Strategy purchased another stash of BTC, I think 196 bitcoin for $22 million, bringing total holdings of Strategy to 640,031 BTC, I was happy as it showed bullishness on BTC but my joy was short-lived as a major thought about the purchase struck my mind and left me with a lingering question and fear:

What will happen when Saylor decide to take profit?

If Michael Saylor were to sell his Bitcoin to make a profit, it would have a sudden and major impact on the market. This would create a kind of fear in the market, causing the market to go into a very bloody condition.
However, Michael Saylor's target is to purchase one million Bitcoins and he will not sell his Bitcoins and will continue his purchases until his Bitcoin price prediction reaches one million dollars.
However, if any major whales suddenly announce that they are selling Bitcoin in the market, the market will definitely crash, at least temporarily.

[Mame89]

Saylor has other sources of income that don't require him to take profit from Bitcoin. As long as his company can survive, even with income from various sources, it's unlikely that Saylor will take profit from Bitcoin. Furthermore, Saylor will be closely monitored his sale would certainly raise a lot of issues if it happened. So, I don't see that happening anytime soon, but if the worst case scenario plays out, the market will certainly crash.

If Saylor take profit, there will be people ready to take a buy the dip.

Yes. It's highly unlikely that Saylor will sell Bitcoin especially since he has previously stated that Bitcoin is the future and that he will hold it for the long term. Instead of selling, he will continue buying Bitcoin, as Saylor has previously emphasized and strongly believes in Bitcoin's future potential.

It's undeniable that he already owned a large amount of Bitcoin when he sold it, and taking profits will certainly impact the market, causing people to panic and sell their Bitcoins as well. However market volatility won't last long because Bitcoin remains stable on its own, without the influence of any single person or entity. Even if there is an impact it will only be temporary, and the market will return to normal because many people are ready to buy Bitcoin when the price drops as you mentioned.

[sokani]

~~

In 2014, Mt. Gox was handling about 70% of all Bitcoin transactions when it got hacked. It triggered panicked selling, the market crashed and bounced back after some time. I know Microstrategy has about 3% of Bitcoin's total supply, but I don't see the worse that can happen to Bitcoin than a temporary disruption of the market. If Microstrategy decides to offload all its bitcoin today, whether gradually or at once, the market will crash and bounce back again.

[Localhostspeed]

I believe that even a single mention of the head of Strategy will cause Bitcoin's price to fall, because he has become as influential as Trump, albeit only in cryptocurrencies, not stocks and the stock market. He can manipulate even with a single tweet.
Could this happen? Unlikely, because he looks like a staunch Bitcoin investor for years to come. And I hope so, because we've all become accustomed to his weekly purchases, which push prices higher and strengthen faith in Bitcoin.

It's makes me worry how microstrategy keeps buying all this Bitcoin everyday without revealing any plans. Of course such company will not let the public know about their plans but at the same time, all companies operate a business model of profits, if the can't make money from it they will never invest in Bitcoin in the first place, they have a perfect plan to sell some at some time in the future.

Another thing I'm concerned about is how they at going to sell. There is no entity in the whole of this space that can handle the amount of Bitcoin Microstrategy is holding. If they plan to sell, they have to split deposit into different exchanges and OTC which is going to make it even more obvious that a sell pressure is coming, only time will tell how they are  going to sell this Bitcoin they are holding.

[UchihaSarada]

Let me ask you this, what do you think would change about Bitcoin itself if he sells everything his company owns (not just take profit, sell the entire stash)?

The answer is simple: absolutely nothing.

Bitcoin will remain the same global decentralized money that is censorship resistant and cannot be blocked. It was like this when Saylor didn't own a satoshi and will continue being that even if he stops owning a single satoshi again.
So it will change absolutely nothing about bitcoin itself.

Michael Saylor is not Satoshi Nakamoto and even Satoshi Nakamoto can appear again and sell his bitcoins, it's how Bitcoin blockchain is for everyone to use and Bitcoin market is lively 24/7 for everyone to purchase and sell their bitcoins if they want with many options from CEX, DEX to P2P trade deals.

If a person or an entity is only welcome in purchases while is not welcome in cash out, Bitcoin market is more like a scam market but fortunately, it's not and it is an attractively good market in consideration of many people and entities. With time, Bitcoin and its market grow more so that we have been witnessing more Institutional investors have becoming more actively in this market and it forced SEC to make Bitcoin Spot ETF approvals in the USA in January 2024.

Market-wise it will obviously give a lot of weak hands the excuse to panic and start selling their coins to the whales who would be happily taking it from them at a discount. Such a panic only last a short time before the market goes back to normal!

In any market, there are strong hands and weak hands and there are intelligent investors who are wisely prepare their finance, investment capital and patiently wait for weak hands dumping their coins to accumulate cheap coins.

[Oshio-man]

As long Michael Saylor is a potential investor, he will not sell all his bitcoin for future purpose, he can decide to sell half and continue to hold the remaining ones because he know  what will happen to him when the price move higher and he don't have bitcoin to sell again, Michael Saylor is not the only wealthy investor that invested in bitcoin, there are many financial institutions, wealthy individuals that invested in bitcoin and even though Michael Saylor sell all his bitcoin, nothing will happen to bitcoin because bitcoin was not created to be control by one person, don't allow that rumors to stop you not to invest in bitcoin because the price will increase higher to favour both short term and long term investors soon.

[bitzizzix]

I hope he doesn't do it in the next few years, because anything can happen. And if Michael Saylor sells his assets for a profit, the market will undoubtedly crash, and the price of Bitcoin will plummet. This is undeniable, as he is one of the largest Bitcoin holders.
And if he sells, it could halt or slow the adoption of Bitcoin by institutions and other investors, and possibly lead to a loss of confidence in Bitcoin. Since Michael Saylor is arguably the reason so many investors are following his lead, it would likely have a significant impact on the market.

And while a sharp decline presents a buying opportunity for some investors, there is certainly the potential for some investors to hesitate because they don't want to take on greater risk.

[michellee]

The price will go down and make people panic because they can not see the reality. Maybe at that time, people will lose their faith in Bitcoin, but just see Bitcoin will be difficult to rise again. But you should not panic like others, instead just hodl your Bitcoin or take your profit before it is too late.

The impact will be bigger, especially if Saylor sells half of the total amount of Bitcoin he has. We never know when Saylor will sell his Bitcoin, but we have our time to take profit and not just because other people sell their Bitcoin. Stay calm will be better because you will see your opportunities from the current situation.

[SquirrelJulietGarden]

The price will go down and make people panic because they can not see the reality. Maybe at that time, people will lose their faith in Bitcoin, but just see Bitcoin will be difficult to rise again. But you should not panic like others, instead just hodl your Bitcoin or take your profit before it is too late.

The impact will be bigger, especially if Saylor sells half of the total amount of Bitcoin he has. We never know when Saylor will sell his Bitcoin, but we have our time to take profit and not just because other people sell their Bitcoin. Stay calm will be better because you will see your opportunities from the current situation.

When price slowly grows up more, Bitcoin will become a store of value like gold. You misunderstood it, as everything have smaller ROIs with time if their market caps become bigger and bigger but with time, they become stronger assets and will less likely be died like newborn cryptocurrencies or assets.

Bitcoin has more than 15 years of its history and this time is long enough for proving Bitcoin's strength and potentiality as well as showing its good survival over years. It is unrealistic to think that in future years, Bitcoin price will rise with similar ROIs of past market cycles but I don't believe people will see Bitcoin as uninteresting and unprofitable investment asset in the future.