Strategy sold $2.5m worth of Bitcoin (resist the temptation to sell too)

[Nuel0717]

Micro strategy recently sold 32 Bitcoins worth $2.5million, maybe that's why there's a little drop in the market recently, who knows. However holders shouldn't be discouraged by the dump, I know many of you are looking up to Micro Strategy as a motivation since they're the biggest holder of Bitcoin and be like "if Strategy can dump then who am i"

You should know that Strategy is a corporate organization and very rich enough to replace whatever they've sold, moreover they're the biggest holders of Bitcoin and already talked about selling off some Bitcoins to settle dividends. You as an individual that's still trying to reach your target shouldn't allow that discourage you.

Instead, buying more during this little dip and continue holding is more better, selling off some portions doesn't make strategy less of an investor and you'll be at lose if you allow it influence you into dumping what you've been trying to hold, don't be a chicken hand hold firmly.

[Agbamoni]

I'll start by saying MicroStrategy has a goal, and we personally have our own goal. Selling at this point to MSTR might be part of the goal to achieve the bigger goal, so why should we be tempted to sell because they sold?

MicroStrategy holds a large chunk of Bitcoin and other assets. It is a multi-billion-dollar company that cannot be compared to a one-man investor. It is obvious that the financial power is different, entry capital is different. This company can take a profit without any regret.

Before MSTR sold $2.5m of Bitcoin, do you know how much was invested to get that profit? For plebs like us who may not have up to $100k worth of Bitcoin in our portfolio, it will be foolish to be tempted by what MSTR did. MSTR is far above us in this investment thing, so we should stick to our personal goal not the goal of others.

[Fiatless]

Individuals and businesses can change at any time. Michael Saylor once said that he would not sell Bitcoin anytime soon but his position have changed due to certain circumstances.

In this, my Bitcoin investment race, I am not following anybody's strategy. I have my plans and no condition would force me to dump my coins. I have confidence in the Bitcoin cycle, which means there will be a time when Bitcoin will rise and drop. No Fud can make me dump my coin prematurely.

[Dreadboost]

A long-term investment is one that the investor would love to sell to make a profit. After all, the purpose of investment is to make a profit, right? Whether we choose to make the profit in the short term, which isn't guaranteed, or in the long term, which is somewhat guaranteed.

TBH, my investment is my concern. Today I may decide not to sell, while tomorrow I may have a change of mind to sell some part. Whatever reason I choose, just know that the reason is for the best interest. I wont want to take any action that will affect my investment completely. It has to be a well-calculated action. If it comes down to selling some portion, ill definitely do it.

[Churchillvv]

If only people know how much bitcoin he holds and how little the sell is in his portfolio then they will concentrate on their personal goals and not what Saylor does or doesn’t do, now where the controversy is held is on the fact that he once mentioned he wouldn’t sell for any reason but however he now sold, and personally, why person go say him no go sell? Bitcoin na weytin them no Dey sell? That wasn’t true when he said it many knew this already so I’m not even sure how many people have large portfolio here to sell, we are still more of accumulators than sellers in this board.

[xiamin]

Micro strategy recently sold 32 Bitcoins worth $2.5million, maybe that's why there's a little drop in the market recently, who knows. However holders shouldn't be discouraged by the dump, I know many of you are looking up to Micro Strategy as a motivation since they're the biggest holder of Bitcoin and be like "if Strategy can dump then who am i"

You should know that Strategy is a corporate organization and very rich enough to replace whatever they've sold, moreover they're the biggest holders of Bitcoin and already talked about selling off some Bitcoins to settle dividends. You as an individual that's still trying to reach your target shouldn't allow that discourage you.

Instead, buying more during this little dip and continue holding is more better, selling off some portions doesn't make strategy less of an investor and you'll be at lose if you allow it influence you into dumping what you've been trying to hold, don't be a chicken hand hold firmly.

"Strategy" is one of the first companies in the world to hold Bitcoin corporately. They have been accumulating Bitcoin regularly since 2020. They currently hold 843,706 Bitcoins and have an estimated value of $63.87 billion.

source- https://www.strategy.com/purchases

I am not yet sure if Michael Saylor company "Strategy" has sold Bitcoins, but if he did, there is no reason to worry. This is part of a long-term investment and it is natural for large institutions to sell some Bitcoins when they need money. Keep in mind that the number of Bitcoin holders at the individual level is much higher, around 480 to 500 million, and this number is growing. The amount of institutional Bitcoin holdings is very insignificant compared to the number of individual holders. If those institutions sell Bitcoins, its impact will not be felt in the Bitcoin market.

source- https://www.bleap.finance/blog/how-many-people-own-bitcoin

[BIT-BENDER]

Read something about it and Even contribute by replying on the similar topic to this one https://bitcointalk.org/index.php?topic=5584567.msg66787449#msg66787449
Depending on strategy or any whale move before you can make your own move in Bitcoin is like sitting on a keg of gun powder, I actually think by now people are more dependant on their own research rather than how much another person is buying but obviously there are many paper hands who draw their motivation from others.
In between of strategy sold that amount of Bitcoin that doesn't mean they don't trust Bitcoin anymore but have immediate need for the funds.
Make we dey do our own research and focus on our wallet.

[Pi-network314159]

Micro strategy recently sold 32 Bitcoins worth $2.5million, maybe that's why there's a little drop in the market recently, who knows. However holders shouldn't be discouraged by the dump, I know many of you are looking up to Micro Strategy as a motivation since they're the biggest holder of Bitcoin and be like "if Strategy can dump then who am i"

First and foremost you can't be sure that microstrategy selling $2.5m Worth of Bitcoin is the reason behind Bitcoin dip in Price. Besides $2.5m is too small to shake the market. And secondly you can't compare yourself to a multinational company like them. They have huge sum of amount invented in Bitcoin already. They selling now could only prove that they have started withdrawing their profit, and you can't forget about your dream of investing in Bitcoin and be thinking about another person who has already reached an over accumulation stage that want to practice withdrawal method. Of course that will not be a wise idea.