buwaytress
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January 04, 2023, 04:00:22 PM |
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So you trust a guy and then ask what research he did?
Are you also going to accept all the information we will post here with the same full trust?
What is stopping you from following the lead of any number of influencers investing in any number of assets?
Bitcoin is a lot about self teaching and self discovery. If you aren't willing, I would say it is not for you.
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Z-tight
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January 04, 2023, 04:13:15 PM |
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edit: I am just asking what things make a person to go all in like michael saylor or { why michael saylor holds huge amount in bitcoin } what are the things that make a person to invest this much part of his networth ,
I believe people who invest so much in BTC trust the network, and they built that trust because they have done their research. BTC has a lot of features that can easily make one interested in the network, but to invest so much in it doesn't only require research but money too; there are people who live in underdeveloped places and have heard and researched about BTC, but they can't invest in it because they do not have the money to do so. As such, the two reasons that can make a person go all in is: research and money.
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franky1
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January 04, 2023, 04:40:15 PM Last edit: January 04, 2023, 07:46:54 PM by franky1 |
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many dont go 'all in' unlike shares where you have to buy a whole share.. bitcoin you can buy a decimal amount most orders these days are minnow amounts of 0.1 ($1.65k) or shrimp 0.01($165) or less.. NOT shark 10btc($160k) or whale amounts of 100btc+($1.65m+) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FbaLyJVc.png&t=665&c=_ABdOSbosYX6xg)
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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headingnorth
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January 04, 2023, 06:09:19 PM |
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Remember when Saylor told people to take a home equity loan out to buy Bitcoin at the top?
Good times.
That was one of the most retarded (sorry) and irresponsible advices I've seen that's been said by a person that's supposed to be significantly smarter than the typical person. It's just so bad that it's actually worse than the advice I've seen the worst YouTubers have given. I think he was joking when he said that.
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ETHEREUM IS THE MOTHER ASSHOLE FROM WHICH THE SHITCOINS SPRING.
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mk4
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January 05, 2023, 11:14:50 AM |
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I think he was joking when he said that.
Absolutely not lol — he pretty much told the viewers to overly(to say the least) allocate their funds into buying bitcoin; and he said those things with a straight face. And even if there's a very small chance that he was joking, it doesn't change the fact that it was very irresponsible.
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headingnorth
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January 05, 2023, 12:48:59 PM |
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I think he was joking when he said that.
Absolutely not lol — he pretty much told the viewers to overly(to say the least) allocate their funds into buying bitcoin; and he said those things with a straight face. And even if there's a very small chance that he was joking, it doesn't change the fact that it was very irresponsible. Jokes are often told with a straight face. That's what makes it funny. It's called deadpan humor. When someone says to mortgage your house to invest in something they are not being serious. To me that is a joke.
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ETHEREUM IS THE MOTHER ASSHOLE FROM WHICH THE SHITCOINS SPRING.
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mk4
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January 05, 2023, 01:37:34 PM |
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Jokes are often told with a straight face. That's what makes it funny. It's called deadpan humor. When someone says to mortgage your house to invest in something they are not being serious. To me that is a joke.
See my second point. If anything — if he was actually joking, it's arguable that it might actually be worse. He just allocated a huge chunk of his company's balance sheet into bitcoin, hence why he was in a lot of interviews and podcasts for him to be able to justify his investment to the masses. Then he's going to make a deadpan joke that could easily be misunderstood? Absolutely not lol — he pretty much told the viewers to overly(to say the least) allocate their funds into buying bitcoin; and he said those things with a straight face. And even if there's a very small chance that he was joking, it doesn't change the fact that it was very irresponsible.
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worle1bm
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January 05, 2023, 01:49:40 PM |
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We all have profit motive also attached to our bitcoin investment and he has done it with this motive also but if you see his tweets then you would realise how he sees it with complete financial freedom of your funds.He daily has tweets about it and express his views which clearly shows he recognises the importance of decentralisation and MSTR is gathering more of it each period.
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savetheFORUM
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January 05, 2023, 06:21:52 PM |
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Remember when Saylor told people to take a home equity loan out to buy Bitcoin at the top?
Good times.
That was one of the most retarded (sorry) and irresponsible advices I've seen that's been said by a person that's supposed to be significantly smarter than the typical person. It's just so bad that it's actually worse than the advice I've seen the worst YouTubers have given. It's Michael Saylor, if you really take out home equity to buy bitcoin just because he said it, there is a bit of problem on your end as well, you can't blame a crazy person for being crazy, you blame the so called sane person for doing what the crazy person says. I believe that the best thing to do would be accept him for who he is, he is a bitcoin maximalist and that is a good thing for bitcoin, I wouldn't be very upset about it to be fair. That doesn't mean that it should be anything good or bad, it just means we should be happy with what we have instead. Obviously it is not going to be simple enough to just grow forever, he will be wrong at some times.
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serjent05
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January 05, 2023, 07:57:47 PM |
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I start to trust 200% in bitcoin and instantly convinced to invest 80% of my money in bitcoin after watching michael saylor's holding in bitcoin , i always wonder, what research has been did by michael saylor that he trusts so much in bitcoin and holding this much part of his net worth in bitcoin I read that he done too much research before going all in , anyone please can tell what things cause this much trust
edit: I am just asking what things make a person to go all in like michael saylor or { why michael saylor holds huge amount in bitcoin } what are the things that make a person to invest this much part of his networth , you all are roasting me down
The only reason I see why Michael Saylor invested in Bitcoin is the belief that he can multiply his money in a shorter period of time. Just by looking at its chart, it will make you think that the Bitcoin market will continuously uptrend and have a short window of 4 years to surge again and again. All his research point to the result that if he hodl Bitcoin and be patient about it, his long time waiting will not go in vain and if he wanted to exit Bitcoin there is almost a guarantee profit after the halving when Bitcoin become insanely hyped and break its ATH a year after.. See the Bitcoin price chart for proof.
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The Cryptovator
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January 05, 2023, 08:13:59 PM |
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Michael Saylor is a businessman, clear and simple. He will invest where he can make lots of money. So he obviously needs money, which is why he has been investing in Bitcoin. He may have conducted extensive research, but his ultimate goal is to profit richly from his Bitcoin investment. So, if you have enough money that isn't considered unnecessary in your daily life, you could follow him. It is a matter of money. If I had a couple of million dollars, I would do the same thing and wait for Big Bull.
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mk4
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January 06, 2023, 03:32:40 AM |
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It's Michael Saylor, if you really take out home equity to buy bitcoin just because he said it, there is a bit of problem on your end as well, you can't blame a crazy person for being crazy, you blame the so called sane person for doing what the crazy person says.
I believe that the best thing to do would be accept him for who he is, he is a bitcoin maximalist and that is a good thing for bitcoin, I wouldn't be very upset about it to be fair. That doesn't mean that it should be anything good or bad, it just means we should be happy with what we have instead. Obviously it is not going to be simple enough to just grow forever, he will be wrong at some times.
That's true, but it doesn't make what he did/said acceptable. It's like giving a reputable "influencer"(like Andreas Antonopoulos, etc) a pass if he advertised a total utter shitcoin, just because people should think for themselves.
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Don Pedro Dinero
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January 06, 2023, 05:08:17 AM |
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It's Michael Saylor, if you really take out home equity to buy bitcoin just because he said it, there is a bit of problem on your end as well, you can't blame a crazy person for being crazy, you blame the so called sane person for doing what the crazy person says.
I believe that the best thing to do would be accept him for who he is, he is a bitcoin maximalist and that is a good thing for bitcoin, I wouldn't be very upset about it to be fair. That doesn't mean that it should be anything good or bad, it just means we should be happy with what we have instead. Obviously it is not going to be simple enough to just grow forever, he will be wrong at some times.
That's true, but it doesn't make what he did/said acceptable. It's like giving a reputable "influencer"(like Andreas Antonopoulos, etc) a pass if he advertised a total utter shitcoin, just because people should think for themselves. Apart from the issue of recommending mortgaging your home to buy bitcoin, which was very irresponsible, he also popularised leverage in general. The message was: the rich don't sell their assets, they borrow against them, so never sell to bitcoin, borrow against it. And although he, if you listen to his explanation, recommended doing it in a responsible way and with a low debt to equity ratio, much of the leverage that has been liquidated in cascade in 2022 is partly his fault.
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mindrust
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January 06, 2023, 05:13:41 AM |
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Michael Saylor is a true bitcoiner, that’s why. He sees the value in bitcoin. He sees that the world will eventually dump the dollar and use bitcoin as the world reserve currency. That’s why he is going big on bitcoin. Right now he is not worried about the price of btf one bit because in the long term it doesn’t matter.
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TheGreatPython
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January 06, 2023, 06:24:00 AM |
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Michael Saylor is a businessman, clear and simple. He will invest where he can make lots of money. So he obviously needs money, which is why he has been investing in Bitcoin. He may have conducted extensive research, but his ultimate goal is to profit richly from his Bitcoin investment. So, if you have enough money that isn't considered unnecessary in your daily life, you could follow him. It is a matter of money. If I had a couple of million dollars, I would do the same thing and wait for Big Bull.
This is the main quality of a business man. They do not let their money sit but they roll it as much as possible. Early bitcoin investors like Michael are lucky because they are right when they choose bitcoin. They do also have doubts, especially in the earlier times but they are too strong to continue hodling. We should learn from these guys if we also want to be successful and we shouldn't think that it's late already because if we look at their age, most of them do only started on their mid 40's and 50's. What is good about BTC is that we can invest on it even on tiny amounts, so you don't really need to wish that you have a million dollar with you but if you do then I don't think all of it will go in BTC. I don't even think that you will invest it because you will think that you are rich already.
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Jatiluhung
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January 06, 2023, 06:33:24 AM |
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I think the reason is very simple. Because Michael Saylor has researched or analyzed very carefully. and he sees the great potential that bitcoin has in the future. and remember he is a businessman who is good at seeing opportunities. and he is also an inventor with many titles ( Reference). He is not one who acts without preparation. he is a careful and smart person. so that the steps taken must be full of calculations.
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Cyber_Alien
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January 06, 2023, 11:55:58 AM |
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This is something I always tell my friends. If you want to invest in something, you must first learn why you want to invest in that particular thing. It's as if you want to invest in real estate but have no idea what it takes to become a real estate investor. You cannot simply walk into a building and buy it without first learning the proper procedure and conducting market research. So, if you want to invest in Bitcoin, you should first understand why you should. Don't follow other people's perspectives or points of view on something yours might be differs from theirs. Don't do what you love, love what you do. If you believe Bitcoin is something that will benefit you, invest in it without being swayed by the actions of others.
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KFC786
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January 06, 2023, 12:57:45 PM |
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I start to trust 200% in bitcoin and instantly convinced to invest 80% of my money in bitcoin after watching michael saylor's holding in bitcoin , i always wonder, what research has been did by michael saylor that he trusts so much in bitcoin and holding this much part of his net worth in bitcoin I read that he done too much research before going all in , anyone please can tell what things cause this much trust
edit: I am just asking what things make a person to go all in like michael saylor or { why michael saylor holds huge amount in bitcoin } what are the things that make a person to invest this much part of his networth , you all are roasting me down
I think that's not a good move for you. I will say that you should just convert your 50% net worth to the Crypto and other just in your safe hands. Cause it will save a lot of time and also any kind of volatility that can occur in this Bitcoin world. So you should not blindly do what other people are doing.
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digaran
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January 06, 2023, 02:55:00 PM Last edit: January 06, 2023, 03:40:33 PM by digaran |
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Bitcoin is the only decentralized currency in the world that can not be censored or sanctioned. You don't need a middleman to send, receive or hold bitcoin which means no one's hand is in your pocket when you use bitcoin but your own! It has a limited supply so we can say that bitcoin is the only existing money in the world too (everything else we have like dollar is currency not money).
This right here shows you how ill informed you are about crypto especially bitcoin, maybe you should look up the exact definition of currency and money, while both mean tangible no longer apply to the modern digital world, yet the terms are still applicable. Stop being delusional and face the reality, we all know 7 or even 7000 tx/s is no where close to an efficient monetary system. On topic however, if someone does something, doesn't mean we should do it too. people are spending billions of $ on centralised stable/shittokens, we might think if thousands of people are using them then we should as well. One fact everyone tend to ignore or rather forget is the fact that at any given point in time, the whole crypto market could go to zero value in seconds, all we need is a new law, banning all crypto related trades, what would you do then? Trade with cash you might suggest, it'd be informational to know that cash is going to be nonexistent soon. So good luck keeping coins hoping to become the billionaires of the future.🤣
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justdimin
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January 06, 2023, 09:09:51 PM |
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I think the reason is very simple. Because Michael Saylor has researched or analyzed very carefully. and he sees the great potential that bitcoin has in the future. and remember he is a businessman who is good at seeing opportunities. and he is also an inventor with many titles ( Reference). He is not one who acts without preparation. he is a careful and smart person. so that the steps taken must be full of calculations. There is truth in his research as well, because this is a company that makes money constantly, which means that they could put more and more money into bitcoin while staying afloat, and this allows them to do DCA naturally and they are gathering more and more bitcoins. In a situation where bitcoin becomes 100k for example, they would have so much money that they could literally stop working and just live off the bitcoin profits. They obviously won't, they will keep working and making even more money, but having that type of possibility is great for any business. He calculated it right, one good movement, one big bull run, and they are forever in profit without ever worrying about money again.
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