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Topic: Michael Saylor advices never to sell bitcoin... - page 6. (Read 1781 times)

sr. member
Activity: 182
Merit: 120
His aim is not my business as for many that will stick to the advice provided will earn profit. At least if bitcoin investors keep spreading this news to wide audience I believe a lot of people will love to buy and hold than chasing after quick profit. It’s not about any secret he claim to know or people intend to spread probably he knows the benefit if not he’s reaping the benefits now, invest and expect the best.
Michael Saylor is known for buying in bulk as usual so I’m not surprised, there’s always a room to criticize yet I’m looking forward to the best side besides everyone wants the best for bitcoin in general.
sr. member
Activity: 1008
Merit: 392
Underestimate- nothing
In the financial markets, there will be winners and losers, there is never a scenario where everyone wins. You are right, he is playing the bigger game, he is considered a big whale in the market and the liquidity of these whales comes from small fish like us (retail investors). So not only him but any advice from experts, big investors in the market is not trustworthy for me.

They will definitely be two faces so it's one face at a time and it is not always thay you get lucky when it comes to bitcoin investment and you are suppose to be aware that there periods that you make money and there are periods that you lose money, and whales are smart and sometimes I wonder if they will have the intention of selling because the amount some of them hold if they should sell there is no way that it won't affect the market, but the statement of never to sell is what is surprising me, then why is it called an investment if the priority is not to sell.

Quote
We often dismiss bitcoin analysis or predictions from experts, advisors...but it's strange to see how easily people believe what Michael Saylor says. Don't forget that they are just like us, they are all here for their own profit, not for everyone's profit.

People don't want to take all this analysis seriously they take if for granted and that is why at some point some people sell before the prices appreciate, and they always feel that most this prediction are false but it's not there was prediction it will hit 100k and it did, and even saylor are like us they have a reason why they say don't sell now since they are big time investors.
legendary
Activity: 2814
Merit: 1192
Watch out because Saylor has become a guru of bitcoin and people are praising him like he's some kind of oracle, but he's just a simple man who made some mistakes in his life.
Don't forget that Saylor invested in the dotcom bubble and lost a lot of money when it popped. He was also wrong about bitcoin for years and criticized it. If past performance tells us something about the future, we can expect Saylor to be wrong again.

By all means, own bitcoin, I sore do, but don't think you can pull off what Saylor is doing, which is selling stock and buying more bitcoin with that money. He's raising his company's valuation this way but it will have to stop at some point. Maybe it will be because of bitcoin, but maybe people will decide they prefer to buy bitcoin and not MSTR.
Spend bitcoin when you need to, don't hold it forever hoping Saylor doesn't rug pull.
legendary
Activity: 2338
Merit: 1775
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There are people with different characters and temperaments among American investors. There are conservative investors. There are adventurers.

Michael Saylor, in my opinion, is a person inclined to risk and adventure. As far as I know, he used to trade traditional assets, and now he has bet on investing in bitcoin. At the same time, he not only buys bitcoin, but also issues shares and bonds (this allows him to buy the first cryptocurrency without spending his own money). His buying strategy is very aggressive - he buys the asset at any price.

Perhaps he expects that the first cryptocurrency will be accepted in the US as a reserve asset (and indeed, this is actively discussed). In this case, he can even sell his bitcoins to the US government.
hero member
Activity: 1540
Merit: 772
Michael Saylor is one of the bitcoin holders and investors who is most optimistic about the future of bitcoin. He not only thinks about how much return can be generated from his investment, but also thinks about how bitcoin is revolutionizing many things in corporate finance and the economy. I don't know exactly what his real mission is, but I really admire him as one of the biggest investors in bitcoin.
sr. member
Activity: 294
Merit: 433
HODL - BTC
Michael Saylor has been keeping significant amount of bitcoin, and even the company itself which is managed by Saylor has deeply focused on buying and accumulating more bitcoin and hold them as longer as possible, selling could not be the best option for now.

That’s the reason why he is also exerting efforts to convince the audience to shift into bitcoin investment and stick to it. He knows the high potentials of bitcoin, that’s why he is sharing it to all those potential and aspiring investors.
He is a big HODLer because he has bought a lot of bitcoin and this cannot be done by some institutions let alone share details about his holdings... maybe you are right he is still not thinking of selling it he wants to see bitcoin to $500K and $1M according to his predictions first.

He may be strong enough to last a long time, while we as retail investors who are looking for modest profits will take when the profits are already there... like now $100K already looks high but retail investors may survive until the price of $150K.
hero member
Activity: 1008
Merit: 569
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.

He can do whatever he want with his bag but telling others not to sell is his opinion but people will do whatever they want to do with their Bitcoin regardless as everyone in invested for various reasons. He wouldn't say all the money invested into Bi is his own personal money, those funds cane's from different place and they might be bullish too but one day is one day, they will sell when the need airse. However, I likes his encouragement to people to have faith in the market.

A time will come when sell from individuals will not have any effects on the market but then again, the government has to make it official that they want to have Bitcoin as reserved. Like the way people are speculating about US, if that get approval and Kik start. If Microstrategy want to cashout billions on his Bitcoin, the market will shake but it will not crash the way it does anytime old wallets moves coins from one wallet to another wallet.
legendary
Activity: 1106
Merit: 1124
Wheel of Whales 🐳
I don't really like to discuss what other people do with their BTC, even if it is Michael Saylor, at one point he never believed in BTC and if you had asked him then, he would have said nobody should buy BTC, lol. People will surely sell or spend BTC, that is not going to stop, everyone isn't simply going to hold it like it isn't money, cause it is. Lastly, i don't think he knows anything that we do not know about BTC.
sr. member
Activity: 1498
Merit: 271
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When it comes to long-term holders, it has been proven and tested with Michael Saylor, and we have witnessed it with him, just every time he has the opportunity to buy bitcoin no matter what the price of bitcoin is, he will buy and will buy millions of dollars worth.

And the fact is that many large whale companies are now interested in buying bitcoin because of what Michael Saylor did in implementing Dca on Bitcoin since the price
was still low in the market.
sr. member
Activity: 980
Merit: 237
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 a great investor with a visionary sight and that's why during the time leading to the Bitcoin halving, he purchased BTC and  since then he hasn't stopped accumulating even more BTC because he believes it is a game changer for him. So far, he hasn't been wrong.
Any other wise person that wants to get wealthier with BTC investments should know that it is always best to follow the leading of a mentor.
'Do as they do, not as they say,' is one sentence that is still gold when it comes to following in the footsteps of persons like Michael Saylor and I think he has become more than just a mentor but also an influencer in the cryptocurrency market.

If he thinks the prospect of BTC getting higher or bearing positive result is very much in queue, I have no doubt it certainly is, but that shouldn't stop any investor in their proper senses, who have accumulated so far, not to sell and maybe diversify some, especially now that BTC has gotten to the $100k threshold.
hero member
Activity: 1792
Merit: 514
Leading Crypto Sports Betting & Casino Platform
Michael Saylor has been keeping significant amount of bitcoin, and even the company itself which is managed by Saylor has deeply focused on buying and accumulating more bitcoin and hold them as longer as possible, selling could not be the best option for now.

That’s the reason why he is also exerting efforts to convince the audience to shift into bitcoin investment and stick to it. He knows the high potentials of bitcoin, that’s why he is sharing it to all those potential and aspiring investors.

Michael Saylor is a big holder of Bitcoin at the moment. He definitely has different thoughts about Bitcoin than ordinary investors. Where an ordinary investor sees the end, Michael Saylor is just at the beginning. Although his predictions sound a bit like a story, they do turn out to be reality in the future. Although the price of Bitcoin reaching 100k seems very imaginary, it has now happened. After the next 21 years, that is, in the next 2045, he sees the possibility of the value of each Bitcoin reaching 13 million.

Moreover, he has emphasized on another issue that the adoption of Bitcoin will gradually increase greatly, its volatility will also decrease greatly in the future, and if this happens, the confidence of investors will definitely increase. Investors will pay more attention to buying Bitcoin even if it is at a higher price.

In such a situation, there will definitely be no chance of a major dump of Bitcoin. As a result, only those who hold Bitcoin will be able to benefit. Another big advantage is that the head of the US Republican Party can now be called a supporter of Bitcoin. His vision will definitely add a different dimension to this space.

https://finance.yahoo.com/news/why-michael-saylor-sees-bitcoin-172608012.html
hero member
Activity: 3164
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BTC to the MOON in 2019
Michael Saylor has been keeping significant amount of bitcoin, and even the company itself which is managed by Saylor has deeply focused on buying and accumulating more bitcoin and hold them as longer as possible, selling could not be the best option for now.

That’s the reason why he is also exerting efforts to convince the audience to shift into bitcoin investment and stick to it. He knows the high potentials of bitcoin, that’s why he is sharing it to all those potential and aspiring investors.
hero member
Activity: 1862
Merit: 748
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..
What he said is true because it is in line with what is happening in bitcoin and indeed bitcoin in the long term will definitely provide maximum profits. The question is whether it can be done consistently by small investors like us and not sell bitcoin when it experiences an increase like now.

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?
It is possible and no one can be sure because Michael Saylor is one of those who intend to hold bitcoin in large amounts. But if examined further his advice will not be so useful for some people who have wealth like us, he has a lot of money and there are certainly many people who will listen to his advice, especially regarding financial matters.

His self-confidence is indeed worth emulating but his life path will certainly be different from those of us who collect bitcoins slowly. So take a good example but don't forget that we don't have the same opportunities as him in terms of achieving better finances.
sr. member
Activity: 1022
Merit: 363
As someone who is very supportive of Bitcoin and invests in it Saylor might have information that others do not. His plan might be clever way to encourage people to keep their Bitcoin which could make more people want to buy it and drive up price. Whatever his reasons Saylor strong belief in Bitcoin's future is definitely interesting.. Michael Saylor advice to keep buying Bitcoin with extra money and never sell it is very confident. He strongly believes that Bitcoin will be worth $1 million per coin one day which is impressive. It is likely that Saylor is showing that he plans to hold his Bitcoin for long time and he might even buy more.
Honestly whenever these big companies, billionaires do make out these positive calls then i do really sees up two possible things do happen.

1. Trying to hype it up so that they could sell on the moment that it would rise up.
2. Totally believes on the technology behind bitcoin.
3. Accumulation as much as they could which could turn out to be having that possible manipulation.

It is really that good to look that recognition is really that making up some even more movement with these kind of exposure specially into those people who dont know about Bitcoins existence.
The positivity on which Saylor is really that making do really give out some impact at least to those who dont know about its existence and having this kind of exposure at least will really be able to contribute
in overall relevance on which it is really that good thing for those who had invested into it or to those who have been holding for too long.

Good points written there.

Since I also believe that this companies is just there to get benefit from there investments. That advice stated is somehow beneficial to them since they are one of the biggest companies who posses lots of bitcoins. Imagine if those advices can caught a lot of people then provably this will so huge for their companies since another set of profits will surely goes up with their investment.

So we should not get hype to much on their statement since for sure those famous companies always want to protect their interest give less priority of other peoples funding's. Being vigilant on latest happenings is important since we don't know on when this institutions will gonna cast their sell orders. Since its to bad for us if they do this scenario we are out and cannot do anything to take actions.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Accepted, not a bad idea, but it is better to take profits as the price goes higher because there will come a time where Bitcoin will have to cool off, this is a game in the world today, some bad news has to happen in 2026, it is part of the plan to steal from the impatience, always make sure you take profit and buy back when the price is lower, 2026 will create new opportunities.

I also agree that what he said is right but I will do as you said, I will sell my bitcoins in the upcoming bull season and will look to buy back when the bear season comes. I won't follow his advice because we are not the same. He is a whale in the market, rich and has many different assets...while we are just retail investors and our lives are completely different from his. So we need to have strategies and plans that suit our circumstances, we should not imitate them.

Furthermore, as some others have said, what guarantee is there that he won't quietly sell his bitcoins during the bull run, what guarantee is there that this isn't a ploy on his part?
member
Activity: 392
Merit: 44
these people always use their assets to loan some more. If sharp decline of  price will happen it'll just be liquidated by 3rd party who negotiated the loan. So he will not sell it rly
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
It would be best to ask him personally about his plans. But I am sure that he will not publicly voice his true plans.

He knows no more than others, that is, nothing. The future is not predetermined and in the past there were no "prophecies"  from the chosen one that bitcoin would cost a million or something like that.

In fact, he knows a little more than us, because he is not an ordinary investor, but essentially an institutional one and has access to insider information (investment strategic plans of big companies). But I repeat, no one will share this information.
He is smart and he will tell us what we want to hear "MicroStrategy will never sell bitcoins, we only stack more bitcoins". It's what most of us want to hear from Michael Saylor and he will not make us disappointed.

His true plan, he will never say about it to the public because if he leaks it, that plan will less likely work well for them.

MicroStrategy is only one of Bitcoin investor, they are pioneering a new trend in Bitcoin market and paving good foundations for other companies from traditional markets to join this one. They deserve to be legends in Bitcoin industry and its growth history, but will they never sell Bitcoin? Really, I don't believe it.
hero member
Activity: 2520
Merit: 783
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.
If I am the one which have huge bitcoin holdings I will also- advice people to keep buying. Since he is the one who's benefiting it if there would be a lot more people continue to buy. So best not to depend on his statement or decision and always trust on your decision. This is how people been manipulated since they always look forward on those famous personalities. For sure they won't tell on when they are selling so before them doing that we should take our profit first.

That's why its important for us to have knowledge on what we are dealing so that people cannot manipulate us. Also we can take advantage on what they are doing since if we know how to play their games there's huge chance that we can avoid to commit mistakes and always do good decisions towards our investments.

Its hard to speculate their movement, but we can assume that he want to buy more bitcoins.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
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..
If you never sell bitcoin, then what's the point of buying it? So that the coins lie as "dead financial weight"?

He seems to be a reasonable businessman, but he says such things. Why would he buy bitcoin for $1 million if he can buy it for 10 times more now? Has he hit his head? No. I think he's trying to brainwash us.

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?
This may be an attempt to manipulate our "actions". We must be careful in interpreting the statements of public figures.

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.
It would be best to ask him personally about his plans. But I am sure that he will not publicly voice his true plans.

He knows no more than others, that is, nothing. The future is not predetermined and in the past there were no "prophecies"  from the chosen one that bitcoin would cost a million or something like that.

In fact, he knows a little more than us, because he is not an ordinary investor, but essentially an institutional one and has access to insider information (investment strategic plans of big companies). But I repeat, no one will share this information.
hero member
Activity: 1218
Merit: 543
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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.
This man is a multiple billionaire and they have excess funds to make them hold Bitcoin forever. It is not every investor that can wait as much as that before they sell part of their holdings. Bitcoin investment should have a target and we ought to get prepared working with our target without missing any slightest opportunity. Short term investors would not be able to hold as long as that because they don't have enough funds to make them wait for as long as that.  There are people that will need money to take care of their bills while selling part of their holdings to take care of their needs while selling part to rebuy when price drop.
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