Saylor is a real Chad, the fact he’s been buying all the way down, despite being underwater shows real conviction by himself & Microstrategy. You could call it ultimate dollar cost averaging.
I expect Microstrategy to become one of the wealthiest companies in the world during the next bull run, purely due to their bitcoin investments.
There is different between buying and hodling, Saylor being a bitcoin enthusiast might have bought a good number of bitcoin but remember he is he co-founder of the company and they have workers to pay salary every month ends or weekends, and if there is no extra funds to pay workers and bills, he has to use bitcoin funds to settle some pressing needs. And bitcoin was on the bear for almost a year, and it was not easy for a bitcoin Wales at that time as.
I was also thinking that Saylor would be one of the strongest Wales in the bitcoin space but things are not coming to the way I thought. But there is still hope in this rising bull market.
You seem to not really know the facts very well Mate2237.
Saylor never had any cashflow issues with his company in terms of paying for employees, and even if there were some businesses that got themselves into trouble because they overly-leveraged and they also were likely fucking around with money (and bitcoin) that they did not have, Saylor and MSTR did not seem to even come close to those kinds of disastrous situations, even though sometimes it might not be clear about how much any company is "suffering" or "over-extended" until their whole house of cards comes falling down.
If a company structures its cashflow and it debt well, then they can still survive (and not get reckt), even if they may well have been attempting to bet on a scenario that did not play out. In other words, sometimes bets can be made and the market moves in the opposite direction or even against the bet, and so some folks have better risk management strategies than others, and surely there are degrees to all of these kinds of risk management strategies, and even sometimes there can be folks who employed horrible risk management strategies, but they still might have ended up getting lucky, which would not necessarily reflect well on their risk-management strategies, and some folks will actually end up learning from "close calls," while at the same time, some folks might learn the wrong lesson from the information that they see right in front of their face.
For sure, another fault is to see that some individuals and companies got reckt worse than others, but not necessarily be able to see potential opportunities in bitcoin from various market movements (in the event that some folks might have not had any BTC or maybe they had small amounts of BTC, but they end up getting scared away during periods in which they BTC price had dipped extensively). Another aspect of our whole situation remains that we are still in the middle of some pretty decently large matters still needing to be resolved, and so there still is not certainty regarding if the "bottom is in" or not. I am not yet prepared to presume that the "bottom is in" even though surely on a personal level, when it comes to bitcoin, ever since about late 2014, I had never really NOT been prepared for UP (even though there was some period in 2015 2016 and perhaps even a bit into early 2017) that I had felt some lack of confidence in terms of the extent to which I had been prepared for up.
So what I am suggesting is that whether we are an individual, a company or even a government (probably one of the only ones playing this game is El Salvador) it remains a good idea to attempt to prepare for either UP or down, and don't get too distracted in regards to what the whales are doing.. even though surely MSTR seems to be a bit extreme of an example in the case of what "whales are doing," so sure there might be some lessons that can be learned from them, but I am having my doubts about whether you have sufficiently understood the extent to which MSTR might have had any dilemmas in regards to what to do, and hopefully you are not letting your wrong assessment MSTR and Saylor affect how you are employing your own stacking of BTC and/or your risk management strategies... or even worse, if your seemingly foggy framework has lured you into hedging some of your bitcoin bets with shitcoins... hahahahahaaha
I am not even saying that a complete zero tolerance strategy is necessary with shitcoins as long as you make sure that you got your shit together in regards to king daddy first... .. and then if you have that in sufficient order, then maybe a bit of distraction and gambling with shitcoins might be ok and acceptable, even though I would recommend such distractions for myself... but sometimes other people have way more energy and even desires to have scattered approaches to their investments (to the extent that they understand/appreciate the difference between investing and gambling).