stop following strategy

[SquirrelJulietGarden]

“I’m going to be buying the top forever. Bitcoin is the exit strategy,” the Strategy co-founder said in 2024

In the past, he said in interviews that he considered Bitcoin is the end game, and if you mentioned it as an exit strategy, I think it is an exit out of central bank and fiat currency systems nationally and globally.

He and Strategy company don't find exit points with Bitcoin, they gradually and consistently accumulate bitcoin over a long time with Dollar Cost Averaging strategy, and their Bitcoin portfolio has increased considerably in bitcoins and in US. dollar equivalent value.

Strategy portfolio tracker has more orange dots over time and these dots are good proofs of how they consider Bitcoin as the end game.
https://saylortracker.com/

[betswift]

There are no problems with purchasing whenever you want, and if MSTR's strategy is buying at the top, then it's their strategy, but for us retail investors, we mostly want to take advantage of dips like this one.

Being consistent in investing is something to be proud of because it is challenging, especially if you are an individual.

What is even more important is not to sell when it seems it should be done.

We should just wait out any storm ahead of us to see our targets fulfilled, but some can see danger in any changes in the price..

[348Judah]

unlike most of us who tend to buy bitcoin during its dips, Michael Saylor has a different strategy. strategy buys over 3,000 bitcoins again despite bitcoin declining. but their purchases for this month actually is lackluster compared to their previous purchases during previous months.

It's a pity that many were only following after Michael Saylor strategy without going for what best suit their own strategy to use in Bitcoin investment, there's nothing bad in learning from others, because we stand to gain experience and apply some taught towards our own investments, however, not everything should be taken by us from what had been seen, we have to learn on how to juxtaposed things together for our own benefits, than going by others opinions and taking them for our own decisions, we may not know their intentions and plan towards what they are doing.

[JiiBs]

while strategy is admirable for continuing to buy bitcoin, we individuals should not be following strategy if they tend to buy bitcoin at its peak. now that bitcoin is declining now is the time to accumulate the most bitcoins as you can again.

I don’t think people actually do that, but when Micro Strategy is buying and it doesn’t matter if it’s at its peak or rock bottom. Investors don’t get to hold or keep their money only to wait on Micro Strategy to announce their plans to buy or actually buy before they do.
As a good Bitcoin investor, DYOR isn’t just a term in the niche, it’s a mandatory approach to have a first and direct understanding of what you are investing in.

DCA remains the approach for many beginner investors and those who don’t hope to take much risk with lump sums, it all comes together to build a sizable portfolio in the end.

[Stepstowealth]

while strategy is admirable for continuing to buy bitcoin, we individuals should not be following strategy if they tend to buy bitcoin at its peak. now that bitcoin is declining now is the time to accumulate the most bitcoins as you can again.

Some strategies are only possible because the person carrying out the strategy has the ability to manage the risk, We know that managing the risk is something everyone that intends to use a strategy can't do, so before choosing a strategy to use in accumulating Bitcoin, ensure that it is a strategy that you are able to handle the risk that comes with it. I believe that the rich and perhaps the poor would have different strategies for investing and while the poor may have the dip in target to buy little by little into bitcoins, the rich may not pay attention to that, or even the value of bitcoin as at when they are buying.

[GreatArkansas]

“I’m going to be buying the top forever. Bitcoin is the exit strategy,” the Strategy co-founder said in 2024

In the past, he said in interviews that he considered Bitcoin is the end game, and if you mentioned it as an exit strategy, I think it is an exit out of central bank and fiat currency systems nationally and globally.

He and Strategy company don't find exit points with Bitcoin, they gradually and consistently accumulate bitcoin over a long time with Dollar Cost Averaging strategy, and their Bitcoin portfolio has increased considerably in bitcoins and in US. dollar equivalent value.

Strategy portfolio tracker has more orange dots over time and these dots are good proofs of how they consider Bitcoin as the end game.
https://saylortracker.com/

Now, most people are already confused. Buy the dip, or buy the top? Hahahaha
Basically, Taylor is just doing his job. And for sure, his strategy is not applicable to everyone; it depends on you. He just promotes that kind of strategy of his buying Bitcoin for their company.
Just think of Strategy is doing DCA but not as retail, as institution.

[mak013]

Cmon, all of us has different conditions, different situation. There is no one answer.
I`m sure that Michael Saylor wouldn`t live on the street if Micro Strategy would be bankrupt.
Analyze your own situation and choose different tools for investment. If you would buy only BTC or even only cryptocurrencies - it would be mistake, always diversify your actives.

[melinoe]

Cmon, all of us has different conditions, different situation. There is no one answer.
I`m sure that Michael Saylor wouldn`t live on the street if Micro Strategy would be bankrupt.
Analyze your own situation and choose different tools for investment. If you would buy only BTC or even only cryptocurrencies - it would be mistake, always diversify your actives.

Don't you think that there shouldn't be too much baskets to get your funds into instead of having 2-3 of them?.. Like BTC, LTC, and something in the middle if needed..

[BABY SHOES]

Almost everyone is interested in buying using any strategy as long as it is long-term, in order to accumulate as much bitcoin as possible.

Perhaps our approach differs from Saylor's because he is a whale when buying large amounts of bitcoin, but as retailers, of course, a decline is the best price we want to get, and we want to get as low as possible... selling as high as possible.

But following the DCA strategy.

[uchegod-21]

unlike most of us who tend to buy bitcoin during its dips, Michael Saylor has a different strategy. strategy buys over 3,000 bitcoins again despite bitcoin declining. but their purchases for this month actually is lackluster compared to their previous purchases during previous months.

“I’m going to be buying the top forever. Bitcoin is the exit strategy,” the Strategy co-founder said in 2024.

knowing this strategy, do you still feel more compelled following strategy's bitcoin purchases? is Michael saylor concerned about something other than maximizing his bitcoins? perhaps the reputation of his company is still on the line and he has to protect the confidence of his investors hence why he only buys when bitcoin is doing well.

while strategy is admirable for continuing to buy bitcoin, we individuals should not be following strategy if they tend to buy bitcoin at its peak. now that bitcoin is declining now is the time to accumulate the most bitcoins as you can again.

Does anyone invest in bitcoin without having a clear strategy? From what you mean by strategy, I can only see buying the dip and selling at a higher price. You must have forgotten about DCA where you buy consistently at intervals without considering the price of bitcoin at that given point.  People can still choose to buy bitcoins at anytime irrespective of the price as long as they have plans to hodl for long term. I will always tell myself and anyone, "there is no perfect price to buy bitcoins" . Just have a good strategy or plan you intend to follow so you remain profitable at the end.

[HistoLock]

There is nothing wrong with following a strategy provided the strategy is adding more Bitcoin to your portfolio. Even Michael Saylor that you referenced is following his strategy why I feel is the Dollar Cost Averaging. He also have his way of buying Bitcoin when there is serious doubts and uncertainty in the market and all the times he came out right about Bitcoin, the reason he is celebrated today as a firm believer in Bitcoin. I also use the DCA strategy which is a great way of buying Bitcoin without pressures.

Yes, it is certainly true that there is no strategy in buying Bitcoin, but I think that strategy is not the beginning. I think that buying Bitcoin when the price of Bitcoin is low is a good time to do it, and holding it for the long term can also be a personal strategy. Yes, you mentioned Michael Sayle, my wise man, who is unmatched by our ideologists. Yes, it is certainly true that there are some methods in Bitcoin, which you need to know before you ask. If you buy Bitcoin following the DCA method, then good for you.

[HONDACD125]

They are only doing DCA. If you look at their average buying price per Bitcoin, you will understand why they are not hesitant in buying even at times when the price is doing pretty well, because they know they only have to fill their bags, and keep holding. When Bitcoin goes down further, they buy more, and when it goes up, they may take profit, and they are so well in profit at the moment because they've been buying for a long time and have bought a hefty amount already.

Their strategy shouldn't be of any influence for individuals because they are a multi-billion-dollar company and not a single person doing it, and even if a single person does it who is a billionaire, their strategy can't be the one that a normal person will use, or maybe, if you use their pattern, but it's not always possible because you can only keep doing DCA regularly without any problem if you have enough funds.

So, the best way is to find a strategy that fits your investment amount and how much you can buy.

[Kelward]

Every investors have their own strategy for buying Bitcoin on the long term, what works for Mr. A might not work for Mr. B. Michael Saylor, has his strategy to accumulate and hodl, he has the money to sustain it and he's not complaining. The best strategy to accumulate Bitcoin on the long term is DCA method, no matter your income so far you have a functional discretionary fund you can continue buying. My strategy of buying is DCA and it's very convenient for me, I cannot afford lump sums and I don't have to copy any money bag to buy like them.

[KingsDen]

Re: stop following strategy

At first, I misunderstood your title. I thought you were advising us that we should stop using or following our individual strategies of investing in bitcoin  . Not knowing that you meant that we should stop following Michael Taylor's strategy. I would have advised that you use Micro Strategy for clarity, but the company already changed their alias.

Talking about strategy's strategy, there is nothing too sophisticated. And it works well for strategy. So, even if you follow strategy, you will not get it wrong unless you don't know when to exit. Strategy buys at the top to push the price higher. So, if you follow strategy, just sell in the next few days after buying. But if you are going to hold for long, just buy during the dip or you use DCA method.

[Lida93]

There are no problems with purchasing whenever you want, and if MSTR's strategy is buying at the top, then it's their strategy, but for us retail investors, we mostly want to take advantage of dips like this one.

Being consistent in investing is something to be proud of because it is challenging, especially if you are an individual.

As retail investors we actually have to buy when convenient for us and not when we hear that institutions like Strategy has bought, we could be doing it wrong following his strategy of buying at the top more often because our finance size ain't same.

For we retail investors buying the dip mostly even as we try to be consistent with a DCA strategy in place will earn us more profits in the long term than when we buy most at the top just as Strategy is doing.

[Scarlett_23]

unlike most of us who tend to buy bitcoin during its dips, Michael Saylor has a different strategy. strategy buys over 3,000 bitcoins again despite bitcoin declining. but their purchases for this month actually is lackluster compared to their previous purchases during previous months.

“I’m going to be buying the top forever. Bitcoin is the exit strategy,” the Strategy co-founder said in 2024.

knowing this strategy, do you still feel more compelled following strategy's bitcoin purchases? is Michael saylor concerned about something other than maximizing his bitcoins? perhaps the reputation of his company is still on the line and he has to protect the confidence of his investors hence why he only buys when bitcoin is doing well.

while strategy is admirable for continuing to buy bitcoin, we individuals should not be following strategy if they tend to buy bitcoin at its peak. now that bitcoin is declining now is the time to accumulate the most bitcoins as you can again.

Michael Saylor is an established man. It is natural that his decisions will always be pragmatic. He is investing in places that are currently hotly debated and have strong potential for long-term value preservation. He has adopted his strategy based on these. Sometimes he has bought deep and sometimes at high prices.

In fact, investment is based on each person's financial situation. If someone has more money, he invests a large amount, while if someone has less money, he invests a small amount. But there is a general strategy for investing in Bitcoin. People of all income levels have the opportunity to invest in this strategy.

Therefore, it is reasonable to choose the best method according to your position for investment.

[mak013]

Cmon, all of us has different conditions, different situation. There is no one answer.
I`m sure that Michael Saylor wouldn`t live on the street if Micro Strategy would be bankrupt.
Analyze your own situation and choose different tools for investment. If you would buy only BTC or even only cryptocurrencies - it would be mistake, always diversify your actives.

Don't you think that there shouldn't be too much baskets to get your funds into instead of having 2-3 of them?.. Like BTC, LTC, and something in the middle if needed..

It depends on your funds. If you just on the start, you can buy one active until you get enough(for your situation of course), after it but something else, repeat. But it would be better to buy not only cryptocurrencies, it would be better(as for me of course) to rotate fiat and cryptocurrencies actives.
If you have big enough sum - you can choose at least 5-10 baskets, today it is easy enough.

[Lanatsa]

They are only doing DCA. If you look at their average buying price per Bitcoin, you will understand why they are not hesitant in buying even at times when the price is doing pretty well, because they know they only have to fill their bags, and keep holding. When Bitcoin goes down further, they buy more, and when it goes up, they may take profit, and they are so well in profit at the moment because they've been buying for a long time and have bought a hefty amount already.

Their strategy shouldn't be of any influence for individuals because they are a multi-billion-dollar company and not a single person doing it, and even if a single person does it who is a billionaire, their strategy can't be the one that a normal person will use, or maybe, if you use their pattern, but it's not always possible because you can only keep doing DCA regularly without any problem if you have enough funds.

So, the best way is to find a strategy that fits your investment amount and how much you can buy.

Yeah, that’s the thing with these big companies or billionaires doing DCA, they play a whole different game because their buying power is on another level, they can keep stacking no matter what the price is and eventually they smooth out their entry cost over years, for them it’s not stressful because even if price crashes they have more than enough capital to keep buying, so they don’t feel the same pressure an individual does.

For a normal person though it’s not realistic to copy their exact moves, you can take the idea of DCA but it has to be adjusted to your own capacity, you have to look at your income, your expenses, and decide what amount you can consistently invest without hurting your daily life, that’s where discipline matters, small but steady buys can still build up over time and like you said, their strategy shouldn’t really influence individual choices because risk tolerance is different, a company can sit through years of drawdown without flinching while an individual might panic after a few months, so the smarter move is to create a plan that works for your personal situation, stick to it, and not chase what the big players are doing just because they can hold longer and deeper.

At the end of the day DCA can work for anyone but only if it’s balanced with what you can actually afford to lose and how patient you’re willing to be.

[hyudien]

I don't find what's wrong and why Michael Saylor continues to buy bitcoin even at the highest price, as far as I know he made the same purchase as adopters in general, namely the DCA method, the difference only lies in the amount of money we spend and Michael Saylor spends but simply the goal is clear for long-term investment, I'm sure even if for example bitcoin will be at $200k Michael Saylor will still continue his purchase including those of us who are categorized as small investors.

[nemesis_incarnate]

I don't find what's wrong and why Michael Saylor continues to buy bitcoin even at the highest price, as far as I know he made the same purchase as adopters in general, namely the DCA method, the difference only lies in the amount of money we spend and Michael Saylor spends but simply the goal is clear for long-term investment, I'm sure even if for example bitcoin will be at $200k Michael Saylor will still continue his purchase including those of us who are categorized as small investors.

He does it because he believes, and he can also do it with so much money going around.

 

The potential will always be there in BTC.