Don't mistake the move from Microstrategy as Panic selling.

[Olotu20]

There has been a lot of threads on the forum concerning Michael Saylor, and strategy his company for their recent selling of about 32 BTC. A lot of people have described this move from saylor as due to fear. Some even see Micheal saylor investment in Bitcoin as a financial gamble or experiments which is risky to saylor and strategy his firm.

But critically looking at Michael saylor and his track record in terms of his commitment to Bitcoin investment, especially when it comes to long term investment. We should all know that Michael saylor to me is called the father of Bitcoin institutionalization because, he was  the first major corporate leader to ever think about making Bitcoin a treasury reserve asset. He didn't get to start making Bitcoin part of his company's holding, just like that it was born out of faith and believe because we should also not forget that saylor was once anti Bitcoin.

Through Michael Saylor and MicroStrategy, he demonstrated publicly and stated that companies could hold Bitcoin on their balance sheets. This singular act started inspiring corporations, investment funds, and institutions across the world to consider Bitcoin as a strategic asset that, is what holding going into the future. His consistent advocacy, large scale Bitcoin purchases, and educational efforts helped bridge the gap between Bitcoin and traditional finance, accelerating institutional adoption globally.
 
Am writing this thread because, in recent times I have seen comments and many people both on the forum and off the forum laughing and talking about the recent move which saw microstrategy sell parts of their Bitcoin holding. It should be put straight that Micheal saylor and strategy didn't sell part of their holdings due to Panic as a result of the current price. Just know that anyone discrediting Bitcoin because of this move from microstrategy is not too informed about Bitcoin because Michael saylor, is one of the few people who inspired the institutionalization of Bitcoin.
Don't mind the noise makers around you, keep accumulating because the good times are on the way.

[Peanutswar]

~
Am writing this thread because, in recent times I have seen comments and many people both on the forum and off the forum laughing and talking about the recent move which saw microstrategy sell parts of their Bitcoin holding. It should be put straight that Micheal saylor and strategy didn't sell part of their holdings due to Panic as a result of the current price. Just know that anyone discrediting Bitcoin because of this move from microstrategy is not too informed about Bitcoin because Michael saylor, is one of the few people who inspired the institutionalization of Bitcoin.
Don't mind the noise makers around you, keep accumulating because the good times are on the way.

32 BTC is quite small and there are a lot of buyers out there that are willingly fill the orders and catch the market dip, tons of traders right now are relying with the news well cant blame them because this becomes the norms with this cycle of crypto space but if you tried to make an analysis or bigger picture with the market graph of the bitcoin is there is a pattern of double top last ATH and afterwards of dip of the market form its head is another bearish flag forming and yet didnt confirmed if its a head and shoulder but the result is it happens thats we have seen dip right now. For those who dont have a plan they panic, for those who has they DCA. Now its all about your risk management how you handle the market its for long term next cycle or for a scalp only to earn daily profits.

[Free Market Capitalist]

Why are you starting a thread to refute some nonsense that only a moron would think?

It should be put straight that Micheal saylor and strategy didn't sell part of their holdings due to Panic as a result of the current price.

What an idiot. If you’d taken half a minute to figure out what actually happened, you would’ve seen that it was exactly the opposite: it was Strategy's small sale that caused the panic.

There we go—now we’ve got another thread for morons based on some nonsense where people can post a bunch of stupid comments.

It's too bad there's no negative merit on the forum. I'd give you a -50.

[tygeade]

Well, 32 bitcoins might be a lot for us, but it's not for them, so if they are selling such a small amount, it surely isn't out of fear because if they fear losing value for their reserves then they will go ahead and sell a larger portion, but I wonder why they would do that because they could literally do it when the price was higher if they were afraid of the dips, and it's not like they have got into Bitcoin just now, they have been doing it for years, and they know about the cycles and everything, they have been DCAing into Bitcoin and taking profit sometimes as well, so they know the right time to buy and sell, and this amount doesn't really prove anything.

With that being said, I wouldn't say that their investments in Bitcoin are a financial gamble, because if that was the case, they wouldn't drag it into so many years, or kept accumulating Bitcoin whenever they could, which means that if they are doing it systematically, it is clear that they have proper plans with whatever they are doing, and they will keep doing it as long as they know they are profitable because no one can deny the fact that it is done for profits, why else would any firm or company or even an individual make investments? It's for profits, obviously.

[SilverCryptoBullet]

There has been a lot of threads on the forum concerning Michael Saylor, and strategy his company for their recent selling of about 32 BTC. A lot of people have described this move from saylor as due to fear. Some even see Micheal saylor investment in Bitcoin as a financial gamble or experiments which is risky to saylor and strategy his firm.

If they actually saw things like that, they would know that Strategy gambled and took too much risk for their Bitcoin treasury, but what's more?
It's risk for Strategy and if they lose their bitcoins, it's theirs, not yours.

They can proactively sell their bitcoins or they have forced liquidations with their bitcoins, but if you don't sell your bitcoin, you have it, hold it and will witness Bitcoin market recovery. After months, bear market ends and a new market cycle with a new bull run comes, it's not too difficult or invisible to imagine about that.

People before investing their money in bitcoin must prepare their finance, savings, emergency fund for times when market crashes and they will have money to use in several months without any need of selling their bitcoins with loss when the market does not recover too well.

[YellowSwap]

Is there a rich uncle who can give me a Bitcoin to help me regain my peak performance? The address is: bc1qfsxz2xqx7agxvhpj402l3k68gyfep2tq5e4crc

You are better off buying a metal detector and start hunting for precious stones including gold, no one is going to give you bitcoin for free, unless you luckily come across Mr beast 😜

There has been a lot of threads on the forum concerning Michael Saylor, and strategy his company for their recent selling of about 32 BTC. A lot of people have described this move from saylor as due to fear. Some even see Micheal saylor investment in Bitcoin as a financial gamble or experiments which is risky to saylor and strategy his firm.

If they actually saw things like that, they would know that Strategy gambled and took too much risk for their Bitcoin treasury, but what's more?
It's risk for Strategy and if they lose their bitcoins, it's theirs, not yours.

They can proactively sell their bitcoins or they have forced liquidations with their bitcoins, but if you don't sell your bitcoin, you have it, hold it and will witness Bitcoin market recovery. After months, bear market ends and a new market cycle with a new bull run comes, it's not too difficult or invisible to imagine about that.

People before investing their money in bitcoin must prepare their finance, savings, emergency fund for times when market crashes and they will have money to use in several months without any need of selling their bitcoins with loss when the market does not recover too well.

I found the likes of microstrategy to be confusing for me, I have followed the steps of people like him in the past and it doesn't end well, the fact is you can never know what's going on in their heads.

They can say something and do something else, it's their money and their world,, I am better off buying Bitcoin without any influencial telling me to do so.

[_act_]

I think the OP late to bring this discussion. After Strategy sold 32 BTC, the company later bought 1550 BTC which is far higher than the amount sold. Also Strategy is having over 840000 BTC.

They can say something and do something else, it's their money and their world,, I am better off buying Bitcoin without any influencial telling me to do so.

You have posted something very good. I am not buying bitcoin because of Strategy or Micheal Say, I am buying bitcoin because it is a store of value asset and I know its price will continue to increase over a long time period.

[Olotu20]

Why are you starting a thread to refute some nonsense that only a moron would think?

It should be put straight that Micheal saylor and strategy didn't sell part of their holdings due to Panic as a result of the current price.

What an idiot. If you’d taken half a minute to figure out what actually happened, you would’ve seen that it was exactly the opposite: it was Strategy's small sale that caused the panic.

There we go—now we’ve got another thread for morons based on some nonsense where people can post a bunch of stupid comments.

It's too bad there's no negative merit on the forum. I'd give you a -50.

If the thread is for morons then why comment on it.

[Aanuoluwatofunmi]

I think I just juncture, we have to understand why we must follow our own strategy to invest in Bitcoin and stop roaming about other institutions strategies regarding bitcoin investment, their decisions may be misleading in some cases, you can't imagine when they sell and you expect that the market falls and before you also realize it to take advantage of buying the dip and continue to hold, when either of this does not make any changes or improvement concerning our own decision to invest and hold at the same time.

[Z-tight]

A lot of people have described this move from saylor as due to fear.

Are you sure about that? I don't think that is the 'analysis' i have been reading on this forum for the last two weeks or so. It is actually kind of the other way round, with people suggesting that he sold 32 BTC's to induce fear in the community and trigger sell-offs, so he could buy cheaper coins, that in itself is also another fairytale 'analysis'. I think it is time for you guys to move on from this, what do you think.

[Son Of Blockchain (SOB)]

A lot of people have described this move from saylor as due to fear.

Are you sure about that? I don't think that is the 'analysis' i have been reading on this forum for the last two weeks or so. It is actually kind of the other way round, with people suggesting that he sold 32 BTC's to induce fear in the community and trigger sell-offs, so he could buy cheaper coins, that in itself is also another fairytale 'analysis'. I think it is time for you guys to move on from this, what do you think.

Maybe they're just dumb to believe that the biggest Bitcoin holding company and the person in charge would dump out of fear, 32 Bitcoin is worth nothing compared to what the company holds and after the market went dip they bought 1550 Bitcoins worth $98 million, so if they sold out of fear why would they be spending more than double the amount they sold for to buy back?
 Saylor himself made a statement that "Bitcoin is the premier asset long term", I just feel pity for those who might feel that Strategy had stopped believing in Bitcoin and decided to dump when Strategy sold some of their holdings. Individuals have to stop comparing themselves with Institutions that holds lots of Bitcoins and focus on accumulating more for themselves.

[Ambatman]

I don't think anybody believes microstrategy panic sold 32BTC
The amount is so small that it's like an insult on them.
Ironically their actions played a role on the current price we in now.

Bitcoin as a financial gamble or experiments which is risky to saylor and strategy his firm.

Bitcoin made strategy the giant it is today
It's risky to investors especially ones owning MSTR.

We should all know that Michael saylor to me is called the father of Bitcoin institutionalization

And what's the positive reflection on price from these so called institutionalization.

I hope all these dramas remind people that MSTR isn't Bitcoin.

[BlackHatCoiner]

One small sell doesn't undo years of conviction buying. In the best case it was tax or accounting related, and in the worst case it was manipulation. Saylor has held through way worse drawdowns than this, so I doubt about the latter.

People love to spin any headline into "Bitcoin is doomed". Just ignore the noise and keep stacking.

[mcdouglasx]

Considering that although Bitcoin has been falling in price during this cycle, it shouldn't be forgotten that it has historically survived this, and much more intense drops, so I think that whatever Saylor does, simply because of the amount, is business for his company and not intended to cause confusion in the community. What's happening is that many in the community see any movement now as important for the market, no matter how minuscule it may be; that's fear, so we shouldn't create news that feeds that fear.

[Die_empty]

I don't think anybody believes microstrategy panic sold 32BTC
The amount is so small that it's like an insult on them.
Ironically their actions played a role on the current price we in now.

Strategy said that it could only sell Bitcoin due to the following three reasons
1. If it will improve bitcoin-per-share metrics
2. To pay dividends or
3. To strengthen the company’s financial position.

Strategy CEO Phong Le also said they sold to “test” the company’s processes. I don't think the amount of Bitcoin they sold is an insult when you consider the effect.

I hope all these dramas remind people that MSTR isn't Bitcoin.

This incident is a big reminder to every investor. But subsequent sales will not have this high effect because the market will be used to their dumps. At least we now know that Strategy could sell Bitcoin at any time.

[Ambatman]

I don't think the amount of Bitcoin they sold is an insult when you consider the effect.

I don't think you get me
What I'm saying is it's an insult to consider that Strategy are panic selling with such an amount.
An amount that if it's their purchase in a week people would be scared that they have fallen.

To strengthen the company’s financial position

This is quite vague to me and could mean different things when looked from an angle
Is it cash reserve
Reducing debt
Buy back stocks
It could be anything
Not forgetting that Bitcoin itself also strengthens their financial position.

[tabas]

I think people have to stop dwelling in that sale that Strategy did because afterward, they're able to purchase 1500+ BTC eventually. And that probably shows that the dip has already come although every possibility is still there about how low it can go. The known reason is that it has to pay dividends and that's how they're able to make money for their investors so that's the very option that they do. But take note of it, because in the future if there's the same scenario that they have to pay dividends of their investors, it might happen again.

[Cryptomultiplier]

Considering that although Bitcoin has been falling in price during this cycle, it shouldn't be forgotten that it has historically survived this, and much more intense drops, so I think that whatever Saylor does, simply because of the amount, is business for his company and not intended to cause confusion in the community. What's happening is that many in the community see any movement now as important for the market, no matter how minuscule it may be; that's fear, so we shouldn't create news that feeds that fear.

Lest we forget that Saylor also recently acquired some BTC in this dip as a part of his commitment plan to keep holding BTC and am sure that action alone, is enough to keep all fears at bay at this time when some persons still fear accumulation of BTC because of the dip.
The best investors are already used to the up and down price movement of BTC and they accumulate steadily irrespective of the market seasons we are forced to face head on.

I don't like to dwell on old news but try to find a way forward and that means accumulation of more BTC because I wont just sit back and let microstrategy and other large institutional holders grasp all the Bitcoin that is being mined or sold out.

[Botnake]

It's only a tiny fraction of their massive holdings, and they have been very transparent why they have to sold 32 btc that time, so definitely that was never a wrong move or panic selling, but still a smart idea to cover their dividend payments on their preferred shares.

But realistically speaking, so what if they are also selling? That's part of their investment strategy. They won't resort into making an action that would put their investment at a huge loss. Michael Saylor is smart and wise enough, as he won't be able to reach his current position if he is not.

[freedomgo]

Selling 32 btc could be an issue for us since its already hard to acquire even a single btc for normal investors, but hey we are talking here about Strategy, that kind of amount is just a very small portion of their overall bitcoin holdings, and once they make a move to sell, that will surely lead to another positive outcome.

This is not panic selling, they are only selling for a very reasonable purpose, and I think that's not on us already. Let's just focus increasing our bitcoin volume, because no matter how we try it, we won't reach the point of selling btc because obviously we don't have that amount, except for those big whales in the market.