Topic: MicroStrategy Finance results unveils how whales suffer big loss. - page 2. (Read 325 times)
The average of 30k bitcoin price is still within the last 2 years and if they decide not to the sell the size of 120k bitcoin in this market it is reasonable. They need a higher price of bitcoin at 120k+ to protect the market dump and allow the taking of profit for the company. They have not sold any against VCs like 3arrow that decieved everyone while been active selling Ethereum right in the market dip. Microstrategy is one of the institutions keep the price dump within 40% since last year.
But, the main point is, the higher the amount of bitcoin a person holds determines how huge their profits or loss will look like when the market is bullish or bearish.
Yes, that's always the case. That's why the more bitcoin you have, the higher risk you're taking but it's more rewarding. You'll feel more the market on its motion if you've got a lot on hold. But if you're just holding two to three decimals of bitcoin, you'll barely feel the market movement but there's still gains in the long run. As for these companies that have been holding massively, they know what they do and eventually, they'll just have to wait until the market goes back higher and they're in profit. 
But, the main point is, the higher the amount of bitcoin a person holds determines how huge their profits or loss will look like when the market is bullish or bearish.
If you're expecting everyone to be in shock at this revelation, you're going to have a surprise!
Back to the main thing, your example tells us the opposite, Micro Strategy is currently still in positive territory with over 1 billion, you can't call those losses, we are just going to go by the graph and declare here you've lost 3 billion but you're still n profit by 1billion? So the loss is a profit and the profit is also not realized because they haven't yet sold?
This is just like hitting 6 out of the 7 numbers in the jackpot, did you lose $1 million or did you make $10 000 getting the second prize?
The accumulated volume of bitcoins were with MicroStrategy, it can't be calculated for loss. If certain volume is being sold we'll get to know about the loss out of the investment. Even now MicroStrategy keep accumulating of bitcoin unlike the market changes. So, whether it is profit/loss can't be found now. Surely it'll cause them with big fall in the portfolio, but through holding they'll easily overcome such issues.
1BTC=1BTC meaning the whales don't lose anything as long as their keep holding their Bitcoin and not convert into US dollars, most of the big Bitcoin holders like micro strategy are in for long term gain and are holding Bitcoin as not some quick gain game as most traders take Bitcoin. I don't think whales will ever regret holding a large sum of Bitcoin since they are futuristic in their approach to the current price of Bitcoin may not mean much to them unless their want to convert it into another asset.
The company with the highest amount of bitcoin as of march 31st holds about 129,218 BTC worth 5.8 billion dollars when bitcoin price was $45,602 per 1 BTC. Many bitcoin users envy the whales during the bullish run because of the huge profits they bag and don't consider how bad is their losses like when the market plunges down.
If they don't sell they don't lose anything. Most whales do not sell in the bear market because they have enough funds to wait for another Bull run. Some may look like cutting their losses but in the end, they plan on buying at a much lower price recovering more than the amount of BTC they sold.
According to coinmarketcap MicroStrategy had a big loss of $1billion within one month when bitcoin price dumped to $37,800. On the other flip before considering how big the amount is, it's not totally a loss on their investment knowing that they bought bitcoin at the price rate of $30,700.
Definitely, price valuation on one's holding changes according to the price in the market. The keyword to losing in a bear market is selling. As long as there is no act of selling, only the valuation of the Bitcoin holding suffers losses.
You're saying they've suffered a big loss while remaining in profit? Are you expecting them to continuously buy and sell, dumping and rebuying $6-8bn?
Generally their balance in bitcoin remains the same, this is probably the goal of almost all round here as it has a lot more growth potential than fiat will (if big losses are a problem, you can invest elsewhere - much like microstrategy seem to have done too).
Generally their balance in bitcoin remains the same, this is probably the goal of almost all round here as it has a lot more growth potential than fiat will (if big losses are a problem, you can invest elsewhere - much like microstrategy seem to have done too).
i call BS
no one makes a profit or a loss until they actually sell the coin
hoarding a coin has no profit or loss.
im hoarding alot of coin since 2012. and yet i dont even consider myself a millionaire because i have not touched my coins. even if the price indicates such.
plus microstrategy (using your example)
did not buy all its coin at $45k
if you actually look at all the coin it ever bought you will see the average is price per coin of all its haord is below the current market price meaning microstrategy is actually IN YOUR INDICATOR in profit
but as i said, because its not selling at a loss its not making a loss.. because its not selling those coins
i personally dont care about the ups and downs of the current market price. i am not stressed or upset if the current market price is down from previous month.
infact when i see posts about the price being down(which tempts me to think about current price) i see it as a potential discount day should i want to buy more. i am not concerned about the value of my current hoard being less than last month
no one makes a profit or a loss until they actually sell the coin
hoarding a coin has no profit or loss.
im hoarding alot of coin since 2012. and yet i dont even consider myself a millionaire because i have not touched my coins. even if the price indicates such.
plus microstrategy (using your example)
did not buy all its coin at $45k
if you actually look at all the coin it ever bought you will see the average is price per coin of all its haord is below the current market price meaning microstrategy is actually IN YOUR INDICATOR in profit
but as i said, because its not selling at a loss its not making a loss.. because its not selling those coins
i personally dont care about the ups and downs of the current market price. i am not stressed or upset if the current market price is down from previous month.
infact when i see posts about the price being down(which tempts me to think about current price) i see it as a potential discount day should i want to buy more. i am not concerned about the value of my current hoard being less than last month
The company with the highest amount of bitcoin as of march 31st holds about 129,218 BTC worth 5.8 billion dollars when bitcoin price was $45,602 per 1 BTC. Many bitcoin users envy the whales during the bullish run because of the huge profits they bag and don't consider how bad is their losses like when the market plunges down. According to coinmarketcap MicroStrategy had a big loss of $1billion within one month when bitcoin price dumped to $37,800. On the other flip before considering how big the amount is, it's not totally a loss on their investment knowing that they bought bitcoin at the price rate of $30,700. But, the main point is, the higher the amount of bitcoin a person holds determines how huge their profits or loss will look like when the market is bullish or bearish.
Jump to: