Michael saylor and his bags | Bitcointalksearch.org

wxa7115

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Quote from: CryptopreneurBrainboss on June 29, 2021, 02:54:05 AM

Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

Thought the Elon madness would had taught you guys a lesson but it seems many haven't learnt that lesson yet. You don't follow this whales as they never have your best interest at heart instead they're only after multiplying their wealth most likely making you lose your in the process.

So if I may ask, if you want to following his buying strategy, does that also mean you'll follow his fullstep when he wants to sell?. You think if he knows this, he won't manipulate the market to favour him as he know he has followers waiting on him to make a move before they also move?.

We have to stop giving power to this rich guys as they will misuse it, learn to invest based on your own findings and not blindly following influencers.

Most people will not learn until they lose all their money and even then there will be some that will not learn even under those dire circumstances, what happens is those people realize that learning by themselves about all the nuances of the markets is something which is hard so they are trying to find a shortcut which allows them to make money and at the same time to not have to make such a high commitment to learn how to trade.

Ant the only way to do this is by using the knowledge and experience of someone else to their advantage, but just as you have mentioned then this means this person can leverage that influence and benefit himself instead, and we see this all the time with influencers and pump and dump groups taking advantage of newbies.

pawanjain

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Nothing lasts forever

Quote from: Pamadar on June 29, 2021, 01:23:57 AM

Quote from: wxa7115 on June 28, 2021, 04:02:04 PM

Quote from: pawanjain on June 20, 2021, 09:43:21 AM

You are saying that from a trading point of view. Entry point matters in the short term but not in the long term.
As you said Michael Saylor must be buying for a long term and hence he is buying every dip.
This might be a good strategy as long as we have enough money to buy the dip. But at the same time we have to look how much funds are left.
We can't put all our money at a single dip and then wait for the market to dump further.
But yeah, we don't have to worry about the price if we are in it for long. It's always a good time to buy bitcoin.

Well that is one of the advantages Saylor has as an institutional investor that we do not have, our funds are limited so even if we want to buy every single dip we are not going to have enough money to do so.

But when it comes to Saylor the only thing he needs to do is to ask for low interest loans from banks or other investors and get the money to buy the dip, this is why his stash is growing more and more each quarter and he has become one of the biggest holders of bitcoin around the world even if he is buying bitcoin for a price of double digits while the other whales got here when bitcoin was worth barely anything.

Exactly! he can use those loans and earned money without even moving his savings,

a good luxury by a very known person, that kind of advantage that we don't have a simple / small time investors, no argument but
in terms of taking loans those rich people always have the advantage, applying that to crypto they also have the luxury to hold more
and continue to buy each time dump is ongoing, keeping more assets and have that big edge once the market start to move on their favor.

Yes, that might be true but at the same time even if we somehow get the loans as him should we use it to buy bitcoins ?
I always follow the rule "Never take a loan to buy bitcoin" and I think it makes more sense not to borrow money to buy any cryptocurrencies.
So even if I would get a loan I wouldn't buy bitcoin with it for I believe in "Only invest what you can afford to lose".

CryptopreneurBrainboss

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eXch.cx - Automatic crypto Swap Exchange.

Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

Thought the Elon madness would had taught you guys a lesson but it seems many haven't learnt that lesson yet. You don't follow this whales as they never have your best interest at heart instead they're only after multiplying their wealth most likely making you lose your in the process.

So if I may ask, if you want to following his buying strategy, does that also mean you'll follow his fullstep when he wants to sell?. You think if he knows this, he won't manipulate the market to favour him as he know he has followers waiting on him to make a move before they also move?.

We have to stop giving power to this rich guys as they will misuse it, learn to invest based on your own findings and not blindly following influencers.

Pamadar

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Quote from: wxa7115 on June 28, 2021, 04:02:04 PM

Quote from: pawanjain on June 20, 2021, 09:43:21 AM

You are saying that from a trading point of view. Entry point matters in the short term but not in the long term.
As you said Michael Saylor must be buying for a long term and hence he is buying every dip.
This might be a good strategy as long as we have enough money to buy the dip. But at the same time we have to look how much funds are left.
We can't put all our money at a single dip and then wait for the market to dump further.
But yeah, we don't have to worry about the price if we are in it for long. It's always a good time to buy bitcoin.

Well that is one of the advantages Saylor has as an institutional investor that we do not have, our funds are limited so even if we want to buy every single dip we are not going to have enough money to do so.

But when it comes to Saylor the only thing he needs to do is to ask for low interest loans from banks or other investors and get the money to buy the dip, this is why his stash is growing more and more each quarter and he has become one of the biggest holders of bitcoin around the world even if he is buying bitcoin for a price of double digits while the other whales got here when bitcoin was worth barely anything.

Exactly! he can use those loans and earned money without even moving his savings,

a good luxury by a very known person, that kind of advantage that we don't have a simple / small time investors, no argument but
in terms of taking loans those rich people always have the advantage, applying that to crypto they also have the luxury to hold more
and continue to buy each time dump is ongoing, keeping more assets and have that big edge once the market start to move on their favor.

bitcub

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Many huge whales are leaving stock market to shift in crypto until the coin reaches its ATH.

Serco

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Quote from: Wind_FURY on June 22, 2021, 05:51:08 AM

Quote

MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we #hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin. $MSTR

https://twitter.com/michael_saylor/status/1406946140344442882

There’s the answer to the OP’s question. It was Michael Saylor who was actually pumping Bitcoin from $35,000 to $40,000, but it was unsuccessful. I’m among the most bullish of bulls, but I believe it’s the best time to start saving some cash for the next golden opportunity to buy large DIPs.

lastest buying price actually expensive enough for me, with that huge money saylor should not hurry when decided his buying entry moreover market sentiment still negative now. When Saylor announced that purchase actually bitcoin drop at around $30k, if he buy on this rate and wait a little bit he will got more bitcoin .

wxa7115

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Bitcoin is GOD

Quote from: pawanjain on June 20, 2021, 09:43:21 AM

You are saying that from a trading point of view. Entry point matters in the short term but not in the long term.
As you said Michael Saylor must be buying for a long term and hence he is buying every dip.
This might be a good strategy as long as we have enough money to buy the dip. But at the same time we have to look how much funds are left.
We can't put all our money at a single dip and then wait for the market to dump further.
But yeah, we don't have to worry about the price if we are in it for long. It's always a good time to buy bitcoin.

Well that is one of the advantages Saylor has as an institutional investor that we do not have, our funds are limited so even if we want to buy every single dip we are not going to have enough money to do so.

But when it comes to Saylor the only thing he needs to do is to ask for low interest loans from banks or other investors and get the money to buy the dip, this is why his stash is growing more and more each quarter and he has become one of the biggest holders of bitcoin around the world even if he is buying bitcoin for a price of double digits while the other whales got here when bitcoin was worth barely anything.

Wind_FURY

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Quote

MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we #hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin. $MSTR

https://twitter.com/michael_saylor/status/1406946140344442882

There’s the answer to the OP’s question. It was Michael Saylor who was actually pumping Bitcoin from $35,000 to $40,000, but it was unsuccessful. I’m among the most bullish of bulls, but I believe it’s the best time to start saving some cash for the next golden opportunity to buy large DIPs.

maxreish

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Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

You will have to be updated with his social life, I mean if you wanted to know whether he will buy or sell off bitcoin. Then you may follow his twitter and see if he move some bitcoins or not. You cant actually see it just by looking at chart. But then, the price eventually affected the moment he buy worth millions or billions of bitcoin.

Johnyz

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Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

That’s unpredictable, we don’t know when the whales will buy but we can see it’s effect after a few hours especially if the market reacts on it. There’s a lot of big institutions buying a cheaper bitcoin right now, I believe this is just temporary and I’m sure the price will start to recover in July and then goes off in a ghost month again. TAYOR!

jerry0

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What is his net worth? What I don't get about this whole thing is when someone is already as rich as him, why is he getting so involved so much in this? It shows he has over two billion dollars in net worth.

Why doesn't he just go on vacation everyday and do nothing and just enjoy? I mean whatever money he has, that is obviously enough for me him already.

ahoenk

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Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

He is doing DCA ( Dolar Cost Averaging ) his average is around $26k. You can do it too if you have deep pocket like him. To be honest DCA is the most profitable strategy in investment. You can win much and lose only small amount.
I dont think there is spesific TA when he buy. He just calculated his whole average buying below $30k ( look like $30k is strong support in this cycle ).

mindrust

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Quote from: mindrust on June 19, 2021, 06:08:39 AM

Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

Easy.

If bitcoin is going down, he is probably buying the fucking dip. Following his tweets I can say he is pro bitcoin. It is natural to think that he is buying every dip there is and there will be. Other than that, I don't think there is another way to verify this.

Why do you care anyway? There are bigger market movers than Saylor.

MicroStrategy just bought another $489 million in bitcoin to add to its vast trove of the cryptocurrency

Quote

MicroStrategy spent roughly $489 million to purchase an additional 13,005 bitcoins, the company announced Monday.

See?

He is a man of his word.

He said he would buy the fucking dip and he bought the fucking dip. When bitcoin has investors like Mikey, it simply cannot fail. He just spent half a billion on btc like it was nothing. That takes ballZ.

ubercool

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https://twitter.com/michael_saylor/status/1406946140344442882

Even after this much buying Bitcoin is not able to recover above 40k$. Because of the Chinese FUD, we are not able to see the hash rate and we badly need some support on mining.
If Micheal Saylor is reading this then I would request him to look at it and work towards making Bitcoin mining a better thing.

adaseb

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He just completed his purchase about 2 hours ago or so. According to his tweet he bought 13005 Bitcoins for $489 million at an average price of $37.617 which is pretty much at the high last week. He has a total of 105085 bitcoins and his average is $26080.

So I have a feeling that people are going to want to get price below the $26K so his board gets nervous and makes him liquidate him position and if he starts to liquidate his position we will definately go below $20K fairly soon and stay there for a while. So becareful with your longs.

RealMalatesta

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Quote from: joniboini on June 18, 2021, 11:14:27 AM

I personally never trust these kinds of reports. Who knows when or how much they actually buy. It is possible that the headline is different than the actual article. If it's not verifiable, at least for me, just treat it as if it was non-existent.

You are right and someone buying bitcoins should not mean we should buy or sell it too because every trader should react on their own independent of what other traders are doing. It's important to know the news because it gives an idea of how the market might act but we shouldn't be making trades based on how one individual acts.

Once a large number of traders start following one guy that's where market manipulation becomes easier for them because they know how to fool the traders.

Quote from: Wind_FURY on June 19, 2021, 06:03:08 AM

OP, your question might be answered, look at the market. I believe it’s the “Saylor Bids” that are currently supporting this market now. I was expecting to see the correction to continue, and see Bitcoin priced at $33,000 - $34,000 today.

Might be true but I feel there are buyers 10x bigger than him supporting the market and they are anonymous because those are early investors.

Wind_FURY

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Does Michael Saylor have a wife? Truthfully someone should stop him from selling more equity of his company, or from using his company to take on more large debts to use to buy Bitcoin. There is a right time to do this, and currently it is NOT the right time.

tygeade

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Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

There is no way to know how much and when he buys bitcoins apart from him making tweets or public announcements. There are huge trades happening all day so you don't know which one is made by whom and although the price should rise when he makes those purchase but the market is so big that the price doesn't move by much and there are sellers when the price rises so it is sort of compensated and hence impossible to determine if a big purchase was made by anyone.

Saylor doesn't have the kind of impact as Elon would have so I don't think it matters too much either if you somehow know when and how much he buys. I was curious if there is a connection between them both because if I am not mistaken they both follow each other on twitter and both were always positive about BTC until recently when Elon took a different path.

ashmodeus

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well , i wonder will he buy more on this dip , damn , their money seems like infinite. but remember , Grayscale still the largest institutional holders of BTC.

Quote from: rsarkar on June 16, 2021, 01:13:04 AM

Michael Saylor buying $500m or even a billion with his strategy.
How to know when has he entered in the buying spree by looking at the price movements or charts?

nope , even when Grayscale buying massive of bitcoin , the price changed didn't happen , looks like nothing change , but , remember tesla ? when tesla buy, price didn't change too , but after the announcement , the price finally changed.

pawanjain

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Nothing lasts forever

Quote from: blockman on June 16, 2021, 04:55:04 PM

But it's not always a good time that he enters because I remember that there was some news that his company bought but it was I think above $40k so that particular batch of his purchase is at loss. Thus, he's buying for the long term so he's also like buying at any price that he has to.

You are saying that from a trading point of view. Entry point matters in the short term but not in the long term.
As you said Michael Saylor must be buying for a long term and hence he is buying every dip.
This might be a good strategy as long as we have enough money to buy the dip. But at the same time we have to look how much funds are left.
We can't put all our money at a single dip and then wait for the market to dump further.
But yeah, we don't have to worry about the price if we are in it for long. It's always a good time to buy bitcoin.

Topic: Michael saylor and his bags (Read 598 times)