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Topic: Michael Saylor advices never to sell bitcoin... (Read 1268 times)

sr. member
Activity: 364
Merit: 195
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December 19, 2024, 06:38:10 AM
Came across a video clip on telegram

https://t.me/cryptothedoggy/4060

Michael Saylor is heard saying/advicing peeps to keep buying bitcoin with their spare cash and never sell, that he is confident that one day, he's going to be buying even more bitcoin at $1 million dollars per coin..

And I am wondering, is this his way of letting us know that he's not even ready to sell any of his bitcoin anytime soon?

Does he plan to hold more bitcoin than every one else? Possibly he knows something many of us seem not to know?
I am curious.
Michael Saylor is an important person, we will definitely give importance to his words. But it is very important to hold our Bitcoin for the long term. If we who hold Bitcoin can hold it for a few years, then Bitcoin will definitely be in a good position. We never imagined that Bitcoin would grow so fast like this. But what people imagine definitely becomes reality. Many influential experts predicted that Bitcoin would be at $100,000, we saw proof of that in 2024. So since everyone is predicting to see Bitcoin at $1 million, then we can assume that it will definitely be at $1 million, although it will take a long time, but it will definitely happen.
member
Activity: 158
Merit: 21
Michael Saylor Asserts Bitcoin’s Dominance Over Gold Amid BTC ETFs Milestone.

BlackRock's IBIT ETF amasses $57.8B in one year, surpassing the iShares Gold Trust's 20-year $33B mark.
BTC ETFs draw $5.5B in two weeks; IBIT leads with 500,000 BTC inflows as U.S. exchange-held Bitcoin declines.
MicroStrategy's BTC holdings hit 402,100, valued at $40B as Saylor projects Bitcoin market cap could reach $280T.

https://coingape.com/michael-saylor-asserts-bitcoins-dominance-over-gold-amid-btc-etfs-milestone/.
copper member
Activity: 126
Merit: 6
Michael Saylor likes to say a lot of things, and he has been a good “champion” for Bitcoin, but sometimes I think he needs to be reminded that not everyone is worth millions and millions of dollars, so at times selling off some bitcoin might just be necessary.  I also think spending bitcoin and a big thing and would like to see Bitcoin used for micropayments.

He says it to make a stance on BTC and the sentiment that is in the air.
Of course - he won't force everybody not to sell.
But he surely will make some fuzz from the situation.
sr. member
Activity: 434
Merit: 350
MicroStrategy Company Chairman Michael Saylor is quite confident and so far he is holding Bitcoin, he will hold on to his Bitcoin for the next few years. And so far he has accumulated 423650 Bitcoins
Michael Saylor is a strong believer in Bitcoin and is very confident in Bitcoin, which is why he is still buying Bitcoin, Even that regularly. He is so confident in Bitcoin that he thinks that one Bitcoin will be worth one million dollars in the future. The number of Bitcoins invested by MicroStrategy is currently BTC439000. You mentioned that the number of bitcoins invested by them is BTC423650 which is incorrect. Because they bought hundreds of thousands of bitcoins again yesterday.

See here;
https://x.com/saylor/status/1868643218956734876?t=rs0D64cfrhWEieUG7oDygQ&s=19

Quote
He is definitely more knowledgeable about the future of Bitcoin,
Michael Saylor published a tweet in 2020, through which he wanted to convey how valuable and interesting asset Bitcoin is in this world.

sr. member
Activity: 798
Merit: 377
Michael Saylor likes to say a lot of things, and he has been a good “champion” for Bitcoin, but sometimes I think he needs to be reminded that not everyone is worth millions and millions of dollars, so at times selling off some bitcoin might just be necessary.  I also think spending bitcoin and a big thing and would like to see Bitcoin used for micropayments.

I think they must have a different plan because they are just holding Bitcoin continuously, of course there is a high possibility of launching a Bitcoin micropayment system. So far they have deposited 439,000 Bitcoins under Saylor's instructions, and are ready to deposit more Bitcoins later. Their Bitcoin plan is that they will sell each Bitcoin for a million dollars, so if they need to wait a long time, they are willing to wait.
There is also a possibility that they will implement a different plan while holding Bitcoin for a long time, including Bitcoin micropayments.
legendary
Activity: 2758
Merit: 1228
Michael Saylor likes to say a lot of things, and he has been a good “champion” for Bitcoin, but sometimes I think he needs to be reminded that not everyone is worth millions and millions of dollars, so at times selling off some bitcoin might just be necessary.  I also think spending bitcoin and a big thing and would like to see Bitcoin used for micropayments.

He just want to remind people to buy more Bitcoin and for sure he don't care anything else out there. They are one of the biggest Bitcoin holder company and expect that they would say those things to protect their investment.

So I guess people should do their own diligence to know what's their priority so that we will not regret any decision we made also to make sure that everything we do is aligned on our plans Since its common in this scene that we could see that there are so many people known or not trying to hype people just to protect their own interest. Hopefully we will also get to the point that we can pay Bitcoin on our local store since this is better development that will happen for Bitcoin.
legendary
Activity: 2282
Merit: 3014
Michael Saylor likes to say a lot of things, and he has been a good “champion” for Bitcoin, but sometimes I think he needs to be reminded that not everyone is worth millions and millions of dollars, so at times selling off some bitcoin might just be necessary.  I also think spending bitcoin and a big thing and would like to see Bitcoin used for micropayments.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
He is definitely more knowledgeable about the future of Bitcoin, which is why he is buying Bitcoin with his money, and he is more confident that his Bitcoin will be worth several times more than the current price in the future.

MicroStrategy is a big Bitcoin holder and he is definitely buying more Bitcoin. Michael Saylor is a big holder and plan to hold more Bitcoin, I think the general public should be more careful. He can sell the assets he has if he slowly does it, but he is interested in strengthening his holdings even more. His plans for Bitcoin are definitely far-reaching.

When the Bitcoin price crossed 50k, many people could not contain their emotions. They may have been happy to sell Bitcoin at that price, but when Bitcoin reached 100k today, Michael Saylor was still determined to increase his Bitcoin portfolio. Those who sold Bitcoin at 50k are regretting it today. Maybe many of them are suffering from regret. If they got that opportunity, they would have held their Bitcoin for a long time. Everyone who still holds Bitcoin today has benefited. Bitcoin holders should follow Michael Saylor and buy more Bitcoin from their positions.

https://saylortracker.com/

https://dropstab.com/p/microstrategy-crypto-portfolio-4crikwkuk4
sr. member
Activity: 966
Merit: 306
MicroStrategy Company Chairman Michael Saylor is quite confident and so far he is holding Bitcoin, he will hold on to his Bitcoin for the next few years. And so far he has accumulated 423650 Bitcoins, he buys a few thousand Bitcoins every step of the way. He bought the most Bitcoins last November and he is ready to keep holding for a long time, and he also said that those who have a lot of holdings sell gold to everyone, mentioning Bitcoin holdings.
He has strong belief in Bitcoin and succeed to convince Microstrategy board members to invest their company fund in Bitcoin four years ago. I don't have doubt that Microstrategy will continue their investment in Bitcoin in future because it works for them very well so far.

They made two biggest purchases in their investment history last November. You can see https://saylortracker.com/, two big purchases in November that sum up to more than 106,000 BTC.
https://x.com/saylor/status/1861033309934862601
https://x.com/saylor/status/1858496146026467378
sr. member
Activity: 1736
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Peace be with you!
He is very bullish on Bitcoin that is why he want's everyone to join the ride. Maybe that $1M for him is much possible given the current situation of Bitcoin though there is no assurance for when that will happen but holding and never selling is really the thing.
sr. member
Activity: 798
Merit: 377

Does he plan to hold more bitcoin than every one else? Possibly he knows something many of us seem not to know?
I am curious.

MicroStrategy Company Chairman Michael Saylor is quite confident and so far he is holding Bitcoin, he will hold on to his Bitcoin for the next few years. And so far he has accumulated 423650 Bitcoins, he buys a few thousand Bitcoins every step of the way. He bought the most Bitcoins last November and he is ready to keep holding for a long time, and he also said that those who have a lot of holdings sell gold to everyone, mentioning Bitcoin holdings.
He is definitely more knowledgeable about the future of Bitcoin, which is why he is buying Bitcoin with his money, and he is more confident that his Bitcoin will be worth several times more than the current price in the future.
member
Activity: 132
Merit: 50
MicroStrategy Acquires 15,350 BTC For $1.5 Billion

MicroStrategy has bought 15,350 BTC for $1.5 billion, their sixth purchase in six weeks.
The company now holds 439,000 BTC which it acquired for $27.1 billion.
MicroStrategy's Bitcoin holdings accounts for over 2% of BTC's total supply.

https://coingape.com/breaking-microstrategy-acquires-15350-btc-for-1-5-billion/



https://x.com/saylor/status/1868643218956734876

MicroStrategy is enriching its Bitcoin holdings through regular buying. This is part of the future high profits. With small efforts and regular holdings, it is possible to accumulate in your portfolio.
member
Activity: 158
Merit: 21
 MicroStrategy Acquires 15,350 BTC For $1.5 Billion

MicroStrategy has bought 15,350 BTC for $1.5 billion, their sixth purchase in six weeks.
The company now holds 439,000 BTC which it acquired for $27.1 billion.
MicroStrategy's Bitcoin holdings accounts for over 2% of BTC's total supply.

https://coingape.com/breaking-microstrategy-acquires-15350-btc-for-1-5-billion/
copper member
Activity: 196
Merit: 6
Everything shows that he's not ready to sell his coins no matter what because his mentality is to steadily to buy more Bitcoin and only someone who has seen further in the future would be that certain in buying more but one issue he faces is that the entire money he uses in purchasing the Bitcoin is not entirely his so that's why he needs to motivate his fellow business counterpart to have the same faith as he is.

His faith in BTC amongst the big fellas and small alike is surprising - show me one more "Saylor" in the space in such high places and being a real crypto enthusiast.
I hope to see more such cases in the future because it really shows that there are some bright minds here and there.
sr. member
Activity: 476
Merit: 230
God is All
Came across a video clip on telegram

https://t.me/cryptothedoggy/4060

Michael Saylor is heard saying/advicing peeps to keep buying bitcoin with their spare cash and never sell, that he is confident that one day, he's going to be buying even more bitcoin at $1 million dollars per coin..

And I am wondering, is this his way of letting us know that he's not even ready to sell any of his bitcoin anytime soon?

Does he plan to hold more bitcoin than every one else? Possibly he knows something many of us seem not to know?
I am curious.

Everything shows that he's not ready to sell his coins no matter what because his mentality is to steadily to buy more Bitcoin and only someone who has seen further in the future would be that certain in buying more but one issue he faces is that the entire money he uses in purchasing the Bitcoin is not entirely his so that's why he needs to motivate his fellow business counterpart to have the same faith as he is.
hero member
Activity: 1820
Merit: 747
Right!
If we do things ourselves in the end - we won't feel any regrets in the future to come. And I do believe that's pretty important for many of us.
Freedom and our expertise + knowledge are our superpower, so to speak.
May we be lucky and always give the best results when investing and we can achieve all that if we have full control over the knowledge that will lead us to the stage of success. Failure is not a problem but how can we learn to continue to show change because with failure we will be much more ready to develop. Use your own abilities so that we can be more confident in achieving success and it doesn't matter to follow some of the advice of others because it can also help our insight to develop more.

In reality we will see that there are many people who will give financial advice but they are unable to help anyone if the person concerned does not want to struggle to follow the process. Be sure that each of us has the best strengths and abilities and it depends on how we explore them seriously.
sr. member
Activity: 658
Merit: 325
Rollbit.com
Michael Saylor is a great person and I also realize that of course it cannot be denied that Bitcoin is an asset that has the potential to be good for the future. Yes, people who have money will definitely continue to buy BTC and of course as time goes by, BTC will definitely give us extraordinary rewards. normal as long as we are patient because if we are patient we will definitely gain benefits in the future.

But to be honest, up to now I have become more and more inspired by Saylor's words and now I am even more enthusiastic about doing DCA because what is certain is that I think Saylor's words are truly inspiring. and what is certain is that for BTC with a price of $1 million, of course this will have great potential to be realized considering the limited supply of BTC. Yes, it could be that in the video he is not ready to sell his BTC, because maybe it could still be said to be cheap for the current BTC price even though we know that currently the BTC price has risen high.

according to my predictions yes it looks like he will keep more btc. but of course in this case we won't know for sure what he will do but what is clear in my opinion is that we have to be ourselves so that there are no regrets in the future.
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Totally.
And we should always analyze everything big figures say ourselves.
If it aligns with our views, it doesn't mean we shouldn't check them and make our opinion out of it.
Freedom is given to anyone to explore and how we can make decisions based on our own analytical abilities will create trust and most importantly we know the impact of the decisions chosen so that we can be more responsible.

Right!
If we do things ourselves in the end - we won't feel any regrets in the future to come. And I do believe that's pretty important for many of us.
Freedom and our expertise + knowledge are our superpower, so to speak.
hero member
Activity: 1820
Merit: 747
Totally.
And we should always analyze everything big figures say ourselves.
If it aligns with our views, it doesn't mean we shouldn't check them and make our opinion out of it.
Freedom is given to anyone to explore and how we can make decisions based on our own analytical abilities will create trust and most importantly we know the impact of the decisions chosen so that we can be more responsible.

The part where you said, not having to ignore our abilities to come by some good decisions captured me.

You know, this is what brings about over dependency and low self esteem if I might go that far. Not having to believe in yourself to make good decisions and good judgments.
We have it in us I say, we just have to know how to explore it, how to be confident in the ideas that plays out in our heads to be of good origin and in the event that they are not, we seek corrections and better plans or analysis.
I prefer to make observations based on my own analysis even though other people's signals can be studied to gain insight into the journey of bitcoin. We view ourselves as incapable so much that we try to see other people's signals as a guide and self-confidence is important as long as we continue to learn to make decisions in life. How to explore may require knowledge and with experience it will be much easier for us to apply.

Be confident and continue to learn from many things will increase insight so that every decision we make is much more fundamentally based on knowledge and most importantly do not be afraid to fail because we never know our abilities if we have not experienced failure.
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That's a loss from their side in perspective.
Let them try to keep up with others in the future - they will be on the side road in that regard.
They probably just don't consider it safe to be their reserve, but that does not mean that they don't know bitcoin is worth it. Those who voted against Bitcoin from being part of their reserve might still be individual holders. Let us not get all pissed off; not all companies are ready to adopt it. They can just stick to what they know and is good for them based on how they have tried it over the years. Whenever they want to change their mind, Bitcoin is there, but it could just be bought at a higher price.

True, I do agree with you, but the conclusion remains - the collective will is not as strong as it needed to be to make BTC into MS.
Not that bad, but not good too. I hope to see them change their mind in the future, as you said - the price would bite them even more.
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