CryptopreneurBrainboss
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eXch.cx - Automatic crypto Swap Exchange.
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March 22, 2024, 04:50:32 AM |
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When I am holding Bitcoin, I only know when I will sell it. Only MicroStrategy can say when they are going to sell their holdings. For a long time, MicroStrategy has been accumulating bitcoin, and we don't know what their exact target is. By considering the average accumulation price, they are already making profits. I don't think they will sell their holdings very early. They must have a goal where they might sell. They would have a selling strategy as well, since they have an accumulation strategy. They won't dump the market at all.
Michael Saylor (MicroStrategy) are smart investors, they already have am exit strategy which they won't disclosed to anyone knowing it would affect the market and reduced their chances of making far more profits than they'll make of the public doesn't know their existing targets. Lets take Bitcoin as an example, when it's a public knowledge that the potential ATH is at a specific price from various top speculators, Bitcoin find it hard to get to that price because there's many selling pressure from traders at a closer price to that targeted ATH so Micheal saylor won't be disclosing that information to the public and we should stop being bothered about when they're going to sell because they're not the ones controlling the market. They might be the top investors that everyone is lookin up to for now but whenever they're ready to leave the market, they'll be replaced by other top investors. Why aren't we asking, when is Michael Saylor (MicroStrategy) buying and not when they're selling, we should be interested more in when they're buying so we join them in buying then we can set our own exits plans but it shouldn't be a permanent exit plan from Bitcoin because Bitcoin isn't going anywhere and anyone that leaves the market permanently irrespective of how much they have made will be missing out if what Bitcoin has for its investors ahead.
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Ben Barubal
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Eloncoin.org - Mars, here we come!
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March 22, 2024, 06:37:21 AM |
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Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.
And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.
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red4slash
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March 22, 2024, 03:02:20 PM |
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That he will definitely say because indeed until now he is still a bitcoin maximalist but that does not mean that the words cannot be changed because in the end when someone who has a large level of popularity and has many followers in it, it is likely that changes in statements even opposite even that can happen. We take the example of Elon before in this case because indeed he was also in bitcoin and even gave a situation where he seemed to have a strong desire for his company to adopt bitcoin but look at what happened afterwards because even statements like that are like a situation where it only attracts the trust of the crowd and slowly drops it. Now what Saylor is doing is very good but we will not know what he will do in the future in the end. For the total amount issue, I might be mistaken for taking reference from others because I took the reference from Coingecko but thanks for setting the record straight and providing the latest data . No one really knows on when these fellas would really be selling out their bags, but one things for sure that it would really be surely be bringing out that huge impact or movement towards the price. This is why it cant really be avoided for the masses to have this kind of worrying just because we've been aware on how big or many coins that they've been holding Even if we do say that he's really that a maximalist or really that a solid believer but doesnt mean that those words would really be that remains forever on which we do really have that so called profit taking of course. It is really just that impossible that these people wont really be having that threshold point. We could really be assuming out that acquiring Bitcoin doesnt really give him that potential earning or profits in long time but also it is really that bring out some attention and exposure towards him and the companies that he owns or handling on which its a win-win situation. Actually no, even though the words of influencers or people who have a large following such as Elon and Saylor are still possible to change and make a movement to the contrary but when talking about prices then it will not have too much more impact because after all we must be aware of the current situation let alone only a small portion of bitcoin they have what is expected to make market manipulation because in the end as said earlier the total bitcoin they have is not even up to 2 percent of the total amount in circulation today. Although surely this will have an impact because it is certain that when influencers like this sell their portopolio then it will be followed by many of their followers with the added spice of panic as if it were the end just like Elon did before but in the end the condition of bitcoin will still remain the same where the movement will still continue to occur and it could be that it creates a new situation where the increase is getting bigger in the end. The sale of some people who own bitcoin like Saylor will indeed have an impact but it will not be as big as expected and I believe it is also temporary so there is no need to worry too much about this.
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Benedictare
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March 23, 2024, 05:57:18 AM |
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MicroStrategy's Michael Saylor Breaks Silence on BTC Price Drop
MicroStrategy recently made its second multimillion-dollar Bitcoin purchase, bringing its total holdings to more than 1% of all the Bitcoin that will ever be issued.
Michael Saylor began buying Bitcoin in 2020 as an inflation hedge and cash alternative. The business now owns 214,246 BTC, and the maximum total supply of Bitcoin is 21 million, with around 19.7 million tokens issued to date.
MicroStrategy’s total BTC holding was $35,160.
Source: CryptoU.Today
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CageMabok
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March 23, 2024, 06:17:19 AM |
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Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.
And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.
Do you know what his thinking is like now? If you can figure out Michael Saylor's way of thinking about something like this, you might be a smarter person than Michael Saylor. But I don't think you are smarter than Michael Saylor, who is currently still very happy in hoarding Bitcoin and perhaps has never thought about selling it because he is still quite cool hoarding Bitcoin to the point where he is the holder of the most Bitcoin in the world. So what do you think that Michael Saylor will soon give up Bitcoin because he is already seeing huge ROI?
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GreatArkansas
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March 23, 2024, 06:33:48 AM |
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I believe they will still not sell this time, just look what they did, they just bought more at the top. So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".
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vitya1982
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March 23, 2024, 06:43:04 AM |
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Michael Saylor is obviously a bitcoin fanatic, and I can make him an example of a good holder of a crypto that should be emulated. I am not talking about how much you can buy, but whatever goal he has, he really wants to achieve.
And what I saw from him is that whatever he has, he will immediately sell bitcoin, which is a good example for other investors, to be honest. And if he ever sells it, I am pretty sure that he will release the bitcoin, as it already has a huge ROI for him.
Do you know what his thinking is like now? If you can figure out Michael Saylor's way of thinking about something like this, you might be a smarter person than Michael Saylor. But I don't think you are smarter than Michael Saylor, who is currently still very happy in hoarding Bitcoin and perhaps has never thought about selling it because he is still quite cool hoarding Bitcoin to the point where he is the holder of the most Bitcoin in the world. So what do you think that Michael Saylor will soon give up Bitcoin because he is already seeing huge ROI? True, we can't know what is he thinking about and what are his plans. But I'd like to see him selling BTC just to see how the market, influencers, and regular folks would react to this.
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Vincom (OP)
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₿itcoin maximalist
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March 24, 2024, 09:33:38 PM |
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I believe they will still not sell this time, just look what they did, they just bought more at the top. So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".
Of course, I believe MS and Saylor are smart enough to realize the growth potential of the market at this point: we are in an uptrend and accumulation is the thing to do, not selling and liquidating positions. What I want to talk about is the possibility of MS selling some or all of their BTC in the distribution zone of this season, and its potential impact on BTC and the market. With the BTC Halving yet to come and the market having recovered impressively, all statements and expectations for the future of BTC are extremely optimistic and we will see everyone want to be an ally of BTC. However, when the market turns negative and goes into a crypto winter, we will know who the real friends of BTC are. I believe MS is a friend of BTC, but they may still sell BTC to optimize their BTC strategy.
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“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” Satoshi Nakamoto
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thecodebear
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March 25, 2024, 02:23:09 PM |
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woah i just noticed MSTR announced that they bought another >9000 BTC last week!
Where are they getting all this money? They just did a funds raise but I thought that went to the last huge buy a few weeks ago. Now they've already spent another $600+ million somehow!
Over 1% of the entire supply. That's crazy. Only like a year or so ago I though it'd take them until like end of the decade to hit that.
They've been very very smart, substantially adding to their holdings before this bull run really starts to heat up. It'll be interesting to see if they do any more huge buys during the bull run, or if they just do small buys with extra cash on hand and then wait until prices come back down during the bear market to do more huge buys.
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Vincom (OP)
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₿itcoin maximalist
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March 27, 2024, 12:04:41 AM |
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woah i just noticed MSTR announced that they bought another >9000 BTC last week!
Where are they getting all this money? They just did a funds raise but I thought that went to the last huge buy a few weeks ago. Now they've already spent another $600+ million somehow!
Over 1% of the entire supply. That's crazy. Only like a year or so ago I though it'd take them until like end of the decade to hit that.
They've been very very smart, substantially adding to their holdings before this bull run really starts to heat up. It'll be interesting to see if they do any more huge buys during the bull run, or if they just do small buys with extra cash on hand and then wait until prices come back down during the bear market to do more huge buys.
BTC price is performing very well, even when BTC price drops to 60K USD, MS still continues to make huge profits, so I am not surprised that MS can continue to raise more money to accumulate BTC. And I'm happy about that: it helps promote BTC as a reserve asset, and increases the scarcity of BTC on the market, we will see BTC price continue to increase. Like you, I am also waiting for MS's action and Saylor's speech when we will enter the crypto winter in 2026. If they really continue to buy more BTC throughout the crypto winter, I will be very surprised and have great respect for them for their belief and tireless efforts for BTC.
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“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” Satoshi Nakamoto
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BlackBoss_
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March 27, 2024, 05:30:10 AM |
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I believe they will still not sell this time, just look what they did, they just bought more at the top. So for me, this is the sign for some people who waited for Bitcoin to dump just to buy again, they are telling like, "hey, you can still buy now".
Michael Saylor and MicroStrategy are smart to invest in Bitcoin years ago when many companies from WallStreet did not invest in Bitcoin. They are smart enough to know that they are holding big advantage by invest in Bitcoin earlier than those companies and they know well about Bitcoin total supply and how it will be halved each four year and how many Bitcoin will ever be launched more through mining in future. If they sell their bitcoins now, Wall Street companies will buy it and they will self-throw-away their big advantage in this game. Controlled supplyEquivalent Network TimeHow is the 21 Million Bitcoin Cap Defined and Enforced?The chart shows us all and MicroStrategy do know about it.
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Vincom (OP)
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₿itcoin maximalist
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March 28, 2024, 12:09:17 AM |
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Michael Saylor and MicroStrategy are smart to invest in Bitcoin years ago when many companies from WallStreet did not invest in Bitcoin.
They are smart enough to know that they are holding big advantage by invest in Bitcoin earlier than those companies and they know well about Bitcoin total supply and how it will be halved each four year and how many Bitcoin will ever be launched more through mining in future.
If they sell their bitcoins now, Wall Street companies will buy it and they will self-throw-away their big advantage in this game.
I also believe that Saylor and MS are smart enough to understand that the BTC halving is just the beginning of the uptrend and they will not sell BTC right now, even after the Halving. But I doubt their ability to continue to hold and buy BTC in 2026, when the crypto winter will likely take over the market. Saylor has said that MS will hold BTC forever, but I don't even dare to believe that MS will exist forever, so we will continue to monitor MS's actions. In the meantime, I support MS's continued accumulation of BTC.
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“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” Satoshi Nakamoto
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eisen33
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September 13, 2024, 01:04:44 PM |
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MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per #bitcoin. As of 9/12/2024, we hodl 244,800 $BTC acquired for ~$9.45 billion at ~$38,585 per bitcoin. $MSTR https://x.com/saylor/status/1834564555944481227
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