stop following strategy

[kotajikikox]

“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.

Is it fair to assume that Strategy and Michael Saylor are not acquiring bitcoin for profit but for future use? Are they hoarding now in case that in the future when everyone else is using bitcoin and wanting to have bitcoin, they have what would be the most valuable asset or currency at that time? So they are not buying bitcoin for profit which I am sure a lot of companies do. That is what sets Strategy apart from all the other companies then if this is really what Saylor's intentions are.

[Pandorak]

The DCA (Dollar Cost Averaging) method has become one of the best methods for accumulating Bitcoin today. When you use this strategy wisely and appropriately, you no longer need to wait for prices to fall before making a purchase. Waiting for a decline is actually good, but it is not entirely accurate. Because you cannot be sure that prices will reach their lowest point, as prices may continue to fall further or even rise continuously without significant correction. Therefore, focus on ways to increase your income in real life, then you can make gradual purchases every week or month using discretionary funds, the rest is about maintaining consistency in accumulating Bitcoin.

[adaseb]

He has been buying bitcoin since $10000. So he buys the top everytime but since bitcoin kept going up in value, his investments worked out. However he did buy the top and have a huge drawdown when bitcoin actually peaked back in 2021 or so.

People were saying he would get liquidated and everything but he just kept accumulating. His issue was that he bought more bitcoin during bull markets than bear markets and thats why his average of $10000 originally went up quickly.

Yeah they dont buy dips, I don't know why. For a finance company you would think they would wait for a bear market or some major pullback at least.

[m2017]

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.

The question is how to understand when bitcoin is at low price levels. This becomes clear after some time, when the stage with a reduced price has already passed. It seems to me that you should not wait for bitcoin to fall, but buy when you are ready to do so (financially). And even better, use the DCA strategy, which will probably be recommended here more than once. Just buy a little bit of bitcoin and accumulate as much as you can. Without paying any attention to any of Saylor's strategies.

[Furious 7]

Saylor knows that his target is long-term, so in the end he is not worried about buying even though for some people it is already too high to purchase, but when we are convinced about bitcoin, we will definitely continue to buy. That is what happened with Saylor. He always says that he is a maximalist, so there is no reason or argument for him not to continue buying bitcoin as he pleases.

Actually, those of us who do DCA are the same, the only difference is in terms of quantity and cannot be compared to Saylor. Those of us who still do DCA will certainly continue to buy every week or maybe every month regardless of the current price or whether it is in a bullish or bearish trend. Sometimes we don't pay too much attention to this because the most important thing is that we only buy Bitcoin as much as we want with a long-term goal.

[Frankolala]

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.

Accumulating bitcoin doesn't have any specific time, you are to buy whenever your discretionary income is available whether the price is high or on the dip. This is the best way in which you can pile up bitcoin little by little for your future just like the way Saylor is doing it. When you keep your bitcoin accumulation ongoing, it becomes a habit to you. You are always ready to but without having any business with the market.

[lionheart78]

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.

If we can create our own strategy and follow it after proving that it is better than anything seen on the internet then it is great.  I agree that we must not blindly follow the strategy of the rich people especially when they are in a FOMO mode.

We must always check the strategy and our capability to balance things, and if we think that it is not a wise move, then just trash the strategy and look for another one that is better and economical to our financial status and has a better yield in the long run.

Btw, I also think that it is not ideal for people with limited funds to buy Bitcoin at its peak.

[The Cryptovator]

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.

My lifestyle is different from a billionaire's because a billionaire has a lot of money. His planning would be different than mine. On the other hand, a daily labour lifestyle also will be different from mine. So he will think only about how to cover the daily family cost. So when MicroStrategy decide to buy Bitcoin, they have a plan, and based on that, they purchase Bitcoin. For me, I always think to buy from the dip, because I calculate how to make some money from the volatility out of holding long term. I just try to buyback again after the sale my Bitcoin.

For example, I have one Bitcoin. I sell at the 120K price zone, and when it dumps to $110K, I buy back again. So still I have one Bitcoin, but I made $10K profits from the volatility. But MicroStrategy would buy at $120K according to their plans by following their DCA strategy. I know I am taking the risk by selling my holdings, but we know a correction always happens after the pump. So I cash out this pump and dump.

[Shadiq]

You should not wait for a specific market time to buy and there is nothing wrong with a strategy that works for you depending on your position. If it is easy for you to buy consistently, then keep buying with the DCA strategy without paying attention to the market. If consistency is difficult for you, then look for effective strategies. Basically, buy whenever you have the prudent amount of money to buy and hold for the long term. You should not confuse yourself with market volatility and strategies.

[Awaklara]

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.

Everyone has their own way of building their own Bitcoin investment. Buying at a lower price during a general decline is preferred because they want to acquire more Bitcoin. I think everyone would prefer that method.
However, buying at the peak price a few years ago, or now, will certainly differ from the peak price a few years ahead. We just need to think positively and do what makes the most sense to us, especially when considering capital allocation for buying Bitcoin.

[DiMarxist]

I think the common strategy is for buying bitcoin is the DCA approach which most of the whales also used in acquiring bitcoin. Michael J. Saylor also use that DCA approach which I have noticed it whenever he purchased bitcoin. He has not observed the bull time to avoid buying but he bought when the price is high as well. But what he does is whenever the price hit All Time High and it reduces again little bit he would buy it if he has the cash.
Last year when the price hit $117k and reduced to $90k he bought it. So the common strategy for bitcoin investment is DCA. You can set different time frame to buy.

[Z_MBFM]

There is no need for any strategy in investing in Bitcoin. If you invest only according to DCA, then after a long time you can automatically get very good profits from Bitcoin. Those who want to adopt different strategies and want to gain a better profit in a very short time, they lose most of the time. One strategy in Bitcoin is to invest for the long term. And if you follow this, profit is guaranteed.

Who uses different strategies? Those who want to make more profit in less time. Because they use different strategies, they cannot save themselves from panicking when they see the volatility of the market and make different decisions in a hurry which pushes them towards losses.

[Jawhead999]

You can't go wrong as long as you buy Bitcoin and hold it for long time.

Even you buy at the peak, there will be a new peak happen in the future.
If you use DCA strategy, in the long run you will in profit too.
If you use lump sum strategy, theoretically you can earn a lot profit, but there's also a chance you might be at loss if you're wrong at the timing.

[bitzizzix]

Everyone has a different approach and financial resources when it comes to buying Bitcoin when they have the money. In my opinion, if they want to hold Bitcoin long-term, there's no harm in buying at a high or low price, because in the long run, both will still generate profits. There may be a slight difference in profit margins, but that doesn't matter. The problem, as I mentioned before, is that it all depends on the individual when they receive or have the money to buy Bitcoin, regardless of the price. This method is best suited for those who don't have the ability to buy large amounts of Bitcoin at specific times, but if done regularly over the long term, the amount can add up significantly and will generate good profits in the future.

[Hatchy]

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.

The best strategy to help one accumulate bitcoin and still make profits from the market in any condition is the dollar cost average. It's has proven it self worthy over the years. And so far so good, strategy has adopted it as a major technique to accumulate their bitcoins. One thing is for sure, using dollar cost average, you will not be left out on any opportunities the market offers you.

 Every point in the market is an edge for hjb to quickly jump in on the train and if eventually the market begins to dip again, your profits would already be their to cover up the little losses..

[Jegileman]

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.

One can’t compare themselves to large institutions like that of Micheal Saylor’s, they’re at the peak of their investments, so they don’t mind what the price will be before they buy, they buy at the top as they wish. This may be due to reasons known to them why they buy at the top, this could just be to buy themselves confidence from their investors as you’ve said. If you don’t trust an asset, you can’t always be buying the asset at the top when yourself knows that bitcoin will still decline and they can get to buy at better prices. Bitcoin is very volatile but the trust they have in it for the future has made them to be taken this decision to always invest at the top, these are the people we can call bitcoin enthusiasts.

[Cookdata]

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.

Microstrategy doesn't plug money from tree, they sell some microstrategy shares to buy more Bitcoin. You don't expect the company to be selling all it's shares because they want to buy Bitcoin, it will makes the company becomes nothing, their number 1 backbone of the Bitcoin from the beginning is the company. It's okay to think they can do without the company but that company is why they are here today.

“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.

Strategy might be nothing but you need to understand that Bitcoin asset is  a speculative assets. The only thing that moves the price is speculation and what's happening around it. Strategy has been around Bitcoin in the last couple of years, they have been buying and buying before now which traders used to open and close positions, this is what they use to makes moves to make money, so whether you buy or you don't, the market will always be moved when they heard about their Bitcoin passages.

[GeorgeJohn]

Anyone who wants to benefit from bitcoin investment should follow he or her ways in bitcoin and not to follow any other person's methods of investment, in bitcoin investment we don't have a particular methods that's promising in bitcoin investment, secondly I condenm the fact of targeting to buy Bitcoin during the dip time, if you have the capital you can purchase Bitcoin at any time knowing that bitcoin investment is something that will gives a profit unexpectedly, so therefore bitcoin is good to invest whenever you feel to invest.

[sunsilk]

He's his own way of understanding how Bitcoin is going for the future and he's not wrong with that. But whether we follow his strategy or not. We should have our own.

Because if we compare and follow him, there's a huge gap between us and him, we're plebs and him has been backed by investors of Microstrategy and that's why it's easier for him to navigate the market around and buy whenever he can.

Thus, he's also in profits already and so buying more at a higher price won't be a problem because overall, he's in profit.

[Maslate]

If it works for Saylor, then good for him. After all, he has unlimited flows of income, so anytime regardless how bitcoin price is doing, he can always make a purchase and maximize it. And that’s what we called DCA, that even if the price is on its peak, there’ll be no stopping from buying but instead, you’re still buying regularly, so we won’t be surprised if he’ll gain massive amount of bitcoin in the long run.

Now how about us? We do have our different techniques or strategies in accumulating bitcoin. One thing is certain, we do buy when we have available funds to buy, and that’s the most important thing there. Whether it’s DCA or buying at its peak price, that’s already up to us, as long as we are buying bitcoin consistently.