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Topic: Microstrategy Buy more Bitcoin (Read 365 times)

member
Activity: 756
Merit: 16
We All Can Make It
December 02, 2021, 11:17:39 PM
#60
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
Microstrategy and other whales will make a public announcement when they bought Bitcoin but I hardly ever hear about them selling so for me I just see it as market manipulation. So any small investor should be very careful in following their lead. If you are going to buy Bitcoin, buy it at a convenient price for you and don't FOMO.
hero member
Activity: 2828
Merit: 518
December 02, 2021, 05:27:21 PM
#59
Every time you panic sell, whales like Saylor are gobbling up cheap coins. There will be loads of institutions & individuals like Saylor buying but remaining quiet, probably OTC buys. The smart money knows bitcoin is tye future. Don’t get shaken out, be patient.
Bitcoin gains massive interest from the rich people as they believe that this could give them more profit than being on the stock market. At this time, we can't just simply ignore Bitcoin. That amazing growth gives a reason why these people will get curious and finally decide to invest more. Indeed, many institutions and known companies are already in the community taking advantage of the market while the prices are still cheap and while these weak hands are still selling.
legendary
Activity: 2338
Merit: 1084
zknodes.org
December 02, 2021, 04:55:20 PM
#58
~snip~

It is unbelievable to see the wealth (which is a fraction of global wealth) which is finding
its way into Bitcoin $414,000,000 on this latest buying session and this is only what is
being made public. We can be sure there are others buying millions (more or less)
who dont have to publicise it.
Outside can, happy and worried. If they had unlimited funds they would continue to buy then they would certainly become a Whale. Whale-changer market conditions. I'm also concerned that if they hold most of the bitcoins it could change the decentralized nature to centralization, that's very dangerous.
But I hope it doesn't happen, they will certainly sell and buy again for a profit. But if later the price of bitcoin continues to rise then it is in accordance with economic law. And microstrategy is one of the factors that makes people's trust grow.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
December 02, 2021, 04:49:52 PM
#57
Every time you panic sell, whales like Saylor are gobbling up cheap coins. There will be loads of institutions & individuals like Saylor buying but remaining quiet, probably OTC buys. The smart money knows bitcoin is tye future. Don’t get shaken out, be patient.
hero member
Activity: 3038
Merit: 634
December 02, 2021, 04:48:51 PM
#56
They're long term to bitcoin.

Maybe there would be a day that they'll start selling and taking those profits but it's unlikely that it will happen on these seasons. I agree to you that small investors can just see the signal on these steps that they do.

If they're buying millions every dip then it's a good position that they're showing that someone has to their time of buying.

Currently and for the next few years at least what would they sell into? surely not
the thing they are avoiding by buying in the first place - FIAT.

Its been almost a year since Michael Saylor used the analogy of "The melting
ice block in the back yard" that block of Ice is still melting.
Well, we don't know when they shall take the profits not only for them but also for their investors.

It's essential for them to take profits but I think even if they do so, there's still going to be a lot of series of buys during the dip since it's like their main activity for now.

As they look to the market, there's a big reason for them to continue what they've started and it's profitable to them and gets a lot of margin every after dip.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
December 02, 2021, 02:05:04 PM
#55
This is a big signal for us to buy too. For me, not bitcoin but some altcoins that have low caps but good fundamentals. Currently investing in metaverses like sand, mana, and gala, and also NFT gaming like AnRKey X.
It may look like a good signal but don't just jump into buying a dip you don't know how deeper it will become, the bitcoin market is a highly volatile one, and at that one need to take caution whenever the market change in other not to go into panic buying that only lead to loses in the future.
full member
Activity: 1358
Merit: 104
December 02, 2021, 11:11:19 AM
#54
Bitcoin is most popular coin and most valuable coin in crypto market. One of the best coin and number one coinmaket cap.Since 2009 to now bitcoin more development and day by day bitcoin price increase. Microstrategy is the biggest companies, They invest in bitcoin thats good news.
full member
Activity: 1414
Merit: 161
December 02, 2021, 10:34:41 AM
#53
Microstrategy is one of the companies that give big importance to Bitcoin as it seems. Because they are among the top countries that have made big amount of investments into Bitcoin. They are thinking about their profit of course and the main reason is that. But I think also that they like Bitcoin and the technology behind it also. They wouldn't have made this big investments if they didn't think that way about Bitcoin.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
December 02, 2021, 10:24:57 AM
#52
It is unbelievable to see the wealth (which is a fraction of global wealth) which is finding
its way into Bitcoin $414,000,000 on this latest buying session and this is only what is
being made public. We can be sure there are others buying millions (more or less)
who dont have to publicise it.

If we take into account the fact that the trading volume in the last 24 hours is more than $34 billion, it is really hardly worth mentioning. However, it should be taken into account that the volume through OTC may be even higher, although this is data that cannot be easily verified.

There is no doubt that people are buying, but also that these same people are selling - and that the amount of BTC available for daily trading is still significant. In addition, more than 2 million BTCs are available for mining, and no one is feeling the real shortage yet - there are few people like Saylor who buy and hold for the long term.
hero member
Activity: 2982
Merit: 610
December 02, 2021, 07:50:07 AM
#51
The micro strategy may be making the right decision at the wrong time, I don't support the idea of buying Bitcoin at every dip it may lead to bigger losses if the dip goes deeper than it was at the time of buying.
That will certainly give you losses if you sell them but if you just hold and wait until the moment it recovers back, you'll be in huge profit then. Perhaps, you don't even make any investment for loose purposes but rather to aim for gains. That I could say that they are right, though not really at its perfect time coz we don't even know when at least they look the market full of earning potentials than seeing negative. In fact, so many big companies and rich individuals are investing crypot now, it means that they foresee their fortune in here.
legendary
Activity: 2436
Merit: 1362
December 02, 2021, 04:27:56 AM
#50
Taking advantage of the dip is something most financially adept should think about. Why not buy something at a discount when you know it will only go higher from here- assuming a long-term position?

Microstrategy, is up there calculating risks and leaping over them - perhaps something investors with smaller pockets should consider doing...

In any case, it is interesting how millions are dropped, it kinda makes you wonder why not buy your 1k worth of BTC now
They're long term to bitcoin.

Maybe there would be a day that they'll start selling and taking those profits but it's unlikely that it will happen on these seasons. I agree to you that small investors can just see the signal on these steps that they do.

If they're buying millions every dip then it's a good position that they're showing that someone has to their time of buying.

Currently and for the next few years at least what would they sell into? surely not
the thing they are avoiding by buying in the first place - FIAT.

Its been almost a year since Michael Saylor used the analogy of "The melting
ice block in the back yard" that block of Ice is still melting.



It is unbelievable to see the wealth (which is a fraction of global wealth) which is finding
its way into Bitcoin $414,000,000 on this latest buying session and this is only what is
being made public. We can be sure there are others buying millions (more or less)
who dont have to publicise it.
member
Activity: 742
Merit: 12
Global peace initiative
December 02, 2021, 01:19:46 AM
#49
The micro strategy may be making the right decision at the wrong time, I don't support the idea of buying Bitcoin at every dip it may lead to bigger losses if the dip goes deeper than it was at the time of buying.
hero member
Activity: 2436
Merit: 877
December 02, 2021, 12:33:16 AM
#48
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

MicroStrategy is not a sort of whale but it is an institution and they have been accumulating the bitcoins on every correction. Their vision is far more clear than those of Tesla. If you see the bigger picture, you will realize that these small dumps of bitcoin will eventually reward those who stood strong and did not panic sell.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
December 01, 2021, 10:40:47 PM
#47
This is a big signal for us to buy too. For me, not bitcoin but some altcoins that have low mcaps but good fundamentals. Currently investing in metaverses like sand, mana and gala, and also NFT gaming like AnRKey X.

A whale buying does not mean its a good strategy. You might left empty handed if you buy after them once they take profit. Remember that there's a lot of big private investors out there that doing same trading as this institutional investors, The problem is they don't announce publicly there trading activity so they might dump on Microstrategy pump if they are already in profit from recent price fluctuations. It safe to buy when everyone is fear and don't buy if whales showing us a signal to buy because they are just doing it for there self interest not to let shrimp traders have profit.
jr. member
Activity: 125
Merit: 5
December 01, 2021, 10:34:15 PM
#46
This is a big signal for us to buy too. For me, not bitcoin but some altcoins that have low mcaps but good fundamentals. Currently investing in metaverses like sand, mana and gala, and also NFT gaming like AnRKey X.
hero member
Activity: 3010
Merit: 629
December 01, 2021, 10:03:27 PM
#45
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
This is a wise move for a big company while the price is in dip. Whales are taking advantage the situation because they know holding bitcoin in the long run is profitable.

Its not surprising if other companies or big names on diiferent industries will follow. This is one of the reason now to think that even bearish market occur it wont last long because whales are doing something.

So buy while you have a chance and before bullish season takes place once again.
legendary
Activity: 3080
Merit: 1353
December 01, 2021, 07:31:25 PM
#44
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

That is exactly why I do think that the dip is not going to last. The reason behind it being the big companies eager to purchase and hold some bitcoins any moment they get a chance to. I am pretty sure it's not just micro strategy but other companies as well. Some might be hiding their investments and some might be thinking of making their move soon.

- That's the good thing about volatility and that's why it's important to have patience during the low.

The dip is already going and the value is already rising therefore we can already assume that people did take advantage of this opportunity. We are slowly reaching the high of 8th November and I do think that we might be hitting a new high soon.

It will still even if up at the end, more buyers=more sellers and we really don't know who the winners at the end unless we have a break out run this December.

But yeah, when the opportunity opens, El Salvador and Microstrategy are buying the dip and maybe that's why the price is now stabilizing. Hopefully as history tells us, December is a good month as we ramp up our bull run before the end of every year and hit a new all time high soon.
hero member
Activity: 3038
Merit: 634
December 01, 2021, 05:07:20 PM
#43
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
But here they are, once again bought a lot of bitcoins and as usual, they're taking advantage of every dip. While the other companies are still thinking if they should do, Microstrategy is just doing its thing.
Taking advantage of the dip is something most financially adept should think about. Why not buy something at a discount when you know it will only go higher from here- assuming a long-term position?

Microstrategy, is up there calculating risks and leaping over them - perhaps something investors with smaller pockets should consider doing...

In any case, it is interesting how millions are dropped, it kinda makes you wonder why not buy your 1k worth of BTC now
They're long term to bitcoin.

Maybe there would be a day that they'll start selling and taking those profits but it's unlikely that it will happen on these seasons. I agree to you that small investors can just see the signal on these steps that they do.

If they're buying millions every dip then it's a good position that they're showing that someone has to their time of buying.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
December 01, 2021, 03:41:11 PM
#42
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.
It's worth noting that MicroStrategy began accumulating those when the market was already on the rise [October 1, 2021] and just continued doing it like they always do [in other words, a part of their recent investments, coincided with the bear market that we've been experiencing lately]!

  • On November 29, 2021, MicroStrategy Incorporated (the “Company”) announced that during the fourth quarter of the Company’s fiscal year to date (the period between October 1, 2021 and November 29, 2021), the Company purchased approximately 7,002 bitcoins for approximately $414.4 million in cash, at an average price of approximately $59,187 per bitcoin, inclusive of fees and expenses.
hero member
Activity: 1890
Merit: 831
December 01, 2021, 11:13:21 AM
#41
The whales are taking advantage of the Bitcoin market and are buying the dip and Microstrategy one of the Bitcoin whales buys more than $414•4 million worth of bitcoin in addition to its present Bitcoin holding.

That is exactly why I do think that the dip is not going to last. The reason behind it being the big companies eager to purchase and hold some bitcoins any moment they get a chance to. I am pretty sure it's not just micro strategy but other companies as well. Some might be hiding their investments and some might be thinking of making their move soon.

- That's the good thing about volatility and that's why it's important to have patience during the low.

The dip is already going and the value is already rising therefore we can already assume that people did take advantage of this opportunity. We are slowly reaching the high of 8th November and I do think that we might be hitting a new high soon.
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