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Author Topic: Michael saylor and his bags  (Read 567 times)
Wind_FURY
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June 22, 2021, 10:51:08 AM
 #41

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MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we #hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin. $MSTR


https://twitter.com/michael_saylor/status/1406946140344442882

There’s the answer to the OP’s question. It was Michael Saylor who was actually pumping Bitcoin from $35,000 to $40,000, but it was unsuccessful. I’m among the most bullish of bulls, but I believe it’s the best time to start saving some cash for the next golden opportunity to buy large DIPs.

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wxa7115
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June 28, 2021, 09:02:04 PM
 #42

You are saying that from a trading point of view. Entry point matters in the short term but not in the long term.
As you said Michael Saylor must be buying for a long term and hence he is buying every dip.
This might be a good strategy as long as we have enough money to buy the dip. But at the same time we have to look how much funds are left.
We can't put all our money at a single dip and then wait for the market to dump further.
But yeah, we don't have to worry about the price if we are in it for long. It's always a good time to buy bitcoin.
Well that is one of the advantages Saylor has as an institutional investor that we do not have, our funds are limited so even if we want to buy every single dip we are not going to have enough money to do so.

But when it comes to Saylor the only thing he needs to do is to ask for low interest loans from banks or other investors and get the money to buy the dip, this is why his stash is growing more and more each quarter and he has become one of the biggest holders of bitcoin around the world even if he is buying bitcoin for a price of double digits while the other whales got here when bitcoin was worth barely anything.
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June 28, 2021, 10:12:06 PM
 #43

Quote

MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we #hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin. $MSTR


https://twitter.com/michael_saylor/status/1406946140344442882

There’s the answer to the OP’s question. It was Michael Saylor who was actually pumping Bitcoin from $35,000 to $40,000, but it was unsuccessful. I’m among the most bullish of bulls, but I believe it’s the best time to start saving some cash for the next golden opportunity to buy large DIPs.
lastest buying price actually expensive enough for me, with that huge money saylor should not hurry when decided his buying entry moreover market sentiment still negative now. When Saylor announced that purchase actually bitcoin drop at around $30k, if he buy on this rate and wait a little bit he will got more bitcoin .

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June 29, 2021, 05:18:46 AM
 #44

Many huge whales are leaving stock market to shift in crypto until the coin reaches its ATH.

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June 29, 2021, 06:23:57 AM
 #45

You are saying that from a trading point of view. Entry point matters in the short term but not in the long term.
As you said Michael Saylor must be buying for a long term and hence he is buying every dip.
This might be a good strategy as long as we have enough money to buy the dip. But at the same time we have to look how much funds are left.
We can't put all our money at a single dip and then wait for the market to dump further.
But yeah, we don't have to worry about the price if we are in it for long. It's always a good time to buy bitcoin.
Well that is one of the advantages Saylor has as an institutional investor that we do not have, our funds are limited so even if we want to buy every single dip we are not going to have enough money to do so.

But when it comes to Saylor the only thing he needs to do is to ask for low interest loans from banks or other investors and get the money to buy the dip, this is why his stash is growing more and more each quarter and he has become one of the biggest holders of bitcoin around the world even if he is buying bitcoin for a price of double digits while the other whales got here when bitcoin was worth barely anything.

Exactly! he can use those loans and earned money without even moving his savings,

a good luxury by a very known person, that kind of advantage that we don't have a simple / small time investors,  no argument but
in terms of taking loans those rich people always have the advantage, applying that to crypto they also have the luxury to hold more
and continue to buy each time dump is ongoing, keeping more assets and have that big edge once the market start to move on their favor.
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June 29, 2021, 07:54:05 AM
 #46

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

Thought the Elon madness would had taught you guys a lesson but it seems many haven't learnt that lesson yet. You don't follow this whales as they never have your best interest at heart instead they're only after multiplying their wealth most likely making you lose your in the process.

So if I may ask, if you want to following his buying strategy, does that also mean you'll follow his fullstep when he wants to sell?. You think if he knows this, he won't manipulate the market to favour him as he know he has followers waiting on him to make a move before they also move?.

We have to stop giving power to this rich guys as they will misuse it, learn to invest based on your own findings and not blindly following influencers.

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pawanjain
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June 29, 2021, 01:29:18 PM
 #47

You are saying that from a trading point of view. Entry point matters in the short term but not in the long term.
As you said Michael Saylor must be buying for a long term and hence he is buying every dip.
This might be a good strategy as long as we have enough money to buy the dip. But at the same time we have to look how much funds are left.
We can't put all our money at a single dip and then wait for the market to dump further.
But yeah, we don't have to worry about the price if we are in it for long. It's always a good time to buy bitcoin.
Well that is one of the advantages Saylor has as an institutional investor that we do not have, our funds are limited so even if we want to buy every single dip we are not going to have enough money to do so.

But when it comes to Saylor the only thing he needs to do is to ask for low interest loans from banks or other investors and get the money to buy the dip, this is why his stash is growing more and more each quarter and he has become one of the biggest holders of bitcoin around the world even if he is buying bitcoin for a price of double digits while the other whales got here when bitcoin was worth barely anything.

Exactly! he can use those loans and earned money without even moving his savings,

a good luxury by a very known person, that kind of advantage that we don't have a simple / small time investors,  no argument but
in terms of taking loans those rich people always have the advantage, applying that to crypto they also have the luxury to hold more
and continue to buy each time dump is ongoing, keeping more assets and have that big edge once the market start to move on their favor.

Yes, that might be true but at the same time even if we somehow get the loans as him should we use it to buy bitcoins ?
I always follow the rule "Never take a loan to buy bitcoin" and I think it makes more sense not to borrow money to buy any cryptocurrencies.
So even if I would get a loan I wouldn't buy bitcoin with it for I believe in "Only invest what you can afford to lose".

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wxa7115
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July 06, 2021, 06:06:39 PM
 #48

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

Thought the Elon madness would had taught you guys a lesson but it seems many haven't learnt that lesson yet. You don't follow this whales as they never have your best interest at heart instead they're only after multiplying their wealth most likely making you lose your in the process.

So if I may ask, if you want to following his buying strategy, does that also mean you'll follow his fullstep when he wants to sell?. You think if he knows this, he won't manipulate the market to favour him as he know he has followers waiting on him to make a move before they also move?.

We have to stop giving power to this rich guys as they will misuse it, learn to invest based on your own findings and not blindly following influencers.
Most people will not learn until they lose all their money and even then there will be some that will not learn even under those dire circumstances, what happens is those people realize that learning by themselves about all the nuances of the markets is something which is hard so they are trying to find a shortcut which allows them to make money and at the same time to not have to make such a high commitment to learn how to trade.

Ant the only way to do this is by using the knowledge and experience of someone else to their advantage, but just as you have mentioned then this means this person can leverage that influence and benefit himself instead, and we see this all the time with influencers and pump and dump groups taking advantage of newbies.
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