Topic: Why Microstrategy owner (michael saylor) holds huge amount in bitcoin (Read 494 times)

Michael Sailor is one of those people who are changing the world. 

In the future, his name will be included in all economics textbooks as an example of a persistent and wise investor.  But for this, he needs to emerge victorious from this game and wait for the moment when the price of bitcoin equals the price of gold and reaches the price of 500,000 US dollars.  And it will definitely happen! 

Some theorists write that in investing it is necessary to adhere to the principle of investment diversification. 

However, using this method, it is not possible to exit the game as a winner.  Investing requires making the right bet and being patient enough to wait for that bet to pay big.

No one is roasting you bit your question is so funny and you're asking us about why someone else lives his life the way he does and you still expect a reasonable answer from him when I'm not sure anyone lives with Michael saylor and i I think the forum is making us forget about the excess of Google search and making post just seeking attention which is wrong.
There are other ways you would have presented this topic but hey I'm just kicking some ass.

Generally there are people who are know as Bitcoin believers not just in words but also in action and I guess from the holdings of Michael, he can also been regarded as a believer and he sees and believes in the future of Bitcoin.

There is truth in his research as well, because this is a company that makes money constantly, which means that they could put more and more money into bitcoin while staying afloat, and this allows them to do DCA naturally and they are gathering more and more bitcoins.

In a situation where bitcoin becomes 100k for example, they would have so much money that they could literally stop working and just live off the bitcoin profits. They obviously won't, they will keep working and making even more money, but having that type of possibility is great for any business. He calculated it right, one good movement, one big bull run, and they are forever in profit without ever worrying about money again.

This right here shows you how ill informed you are about crypto especially bitcoin, maybe you should look up the exact definition of currency and money, while both mean tangible no longer apply to the modern digital world, yet the terms are still applicable. Stop being delusional and face the reality, we all know 7 or even 7000 tx/s is no where close to an efficient monetary system.

On topic however, if someone does something, doesn't mean we should do it too. people are spending billions of $ on centralised stable/shittokens, we might think if thousands of people are using them then we should as well. One fact everyone tend to ignore or rather forget is the fact that at any given point in time, the whole crypto market could go to zero value in seconds, all we need is a new law, banning all crypto related trades, what would you do then? Trade with cash you might suggest, it'd be informational to know that cash is going to be nonexistent soon. So good luck keeping coins hoping to become the billionaires of the future.🤣

I think that's not a good move for you. I will say that you should just convert your 50% net worth to the Crypto and other just in your safe hands. Cause it will save a lot of time and also any kind of volatility that can occur in this Bitcoin world. So you should not blindly do what other people are doing.

This is something I always tell my friends. If you want to invest in something, you must first learn why you want to invest in that particular thing. It's as if you want to invest in real estate but have no idea what it takes to become a real estate investor. You cannot simply walk into a building and buy it without first learning the proper procedure and conducting market research. So, if you want to invest in Bitcoin, you should first understand why you should. Don't follow other people's perspectives or points of view on something  yours might be differs from theirs. Don't do what you love, love what you do. If you believe Bitcoin is something that will benefit you, invest in it without being swayed by the actions of others.

I think the reason is very simple. Because Michael Saylor has researched or analyzed very carefully. and he sees the great potential that bitcoin has in the future. and remember he is a businessman who is good at seeing opportunities. and he is also an inventor with many titles (Reference). He is not one who acts without preparation. he is a careful and smart person. so that the steps taken must be full of calculations.

This is the main quality of a business man. They do not let their money sit but they roll it as much as possible. Early bitcoin investors like Michael are lucky because they are right when they choose bitcoin. They do also have doubts, especially in the earlier times but they are too strong to continue hodling. We should learn from these guys if we also want to be successful and we shouldn't think that it's late already because if we look at their age, most of them do only started on their mid 40's and 50's.

What is good about BTC is that we can invest on it even on tiny amounts, so you don't really need to wish that you have a million dollar with you but if you do then I don't think all of it will go in BTC. I don't even think that you will invest it because you will think that you are rich already.

Michael Saylor is a true bitcoiner, that’s why. He sees the value in bitcoin. He sees that the world will eventually dump the dollar and use bitcoin as the world reserve currency. That’s why he is going big on bitcoin. Right now he is not worried about the price of btf one bit because in the long term it doesn’t matter.

Apart from the issue of recommending mortgaging your home to buy bitcoin, which was very irresponsible, he also popularised leverage in general. The message was: the rich don't sell their assets, they borrow against them, so never sell to bitcoin, borrow against it. And although he, if you listen to his explanation, recommended doing it in a responsible way and with a low debt to equity ratio, much of the leverage that has been liquidated in cascade in 2022 is partly his fault.

That's true, but it doesn't make what he did/said acceptable. It's like giving a reputable "influencer"(like Andreas Antonopoulos, etc) a pass if he advertised a total utter shitcoin, just because people should think for themselves.

Michael Saylor is a businessman, clear and simple. He will invest where he can make lots of money. So he obviously needs money, which is why he has been investing in Bitcoin. He may have conducted extensive research, but his ultimate goal is to profit richly from his Bitcoin investment. So, if you have enough money that isn't considered unnecessary in your daily life, you could follow him. It is a matter of money. If I had a couple of million dollars, I would do the same thing and wait for Big Bull.

The only reason I see why Michael Saylor invested in Bitcoin is the belief that he can multiply his money in a shorter period of time.  Just by looking at its chart, it will make you think that the Bitcoin market will continuously uptrend and have a short window of 4 years to surge again and again. 

All his research point to the result that if he hodl Bitcoin and be patient about it, his long time waiting will not go in vain and if he wanted to exit Bitcoin there is almost a guarantee profit after the halving when Bitcoin become insanely hyped and break its ATH a year after..  See the Bitcoin price chart for proof.

It's Michael Saylor, if you really take out home equity to buy bitcoin just because he said it, there is a bit of problem on your end as well, you can't blame a crazy person for being crazy, you blame the so called sane person for doing what the crazy person says.

I believe that the best thing to do would be accept him for who he is, he is a bitcoin maximalist and that is a good thing for bitcoin, I wouldn't be very upset about it to be fair. That doesn't mean that it should be anything good or bad, it just means we should be happy with what we have instead. Obviously it is not going to be simple enough to just grow forever, he will be wrong at some times.

We all have profit motive also attached to our bitcoin investment and he has done it with this motive also but if you see his tweets then you would realise how he sees it with complete financial freedom of your funds.He daily has tweets about it and express his views which clearly shows he recognises the importance of decentralisation and MSTR is gathering more of it each period.

See my second point.

If anything — if he was actually joking, it's arguable that it might actually be worse. He just allocated a huge chunk of his company's balance sheet into bitcoin, hence why he was in a lot of interviews and podcasts for him to be able to justify his investment to the masses. Then he's going to make a deadpan joke that could easily be misunderstood?

Jokes are often told with a straight face. That's what makes it funny. It's called deadpan humor.
When someone says to mortgage your house to invest in something they are not being serious. To me that is a joke.

Absolutely not lol — he pretty much told the viewers to overly(to say the least) allocate their funds into buying bitcoin; and he said those things with a straight face. And even if there's a very small chance that he was joking, it doesn't change the fact that it was very irresponsible.

I think he was joking when he said that.

many dont go 'all in'

unlike shares where you have to buy a whole share.. bitcoin you can buy a decimal amount

most orders these days are minnow amounts of 0.1 ($1.65k) or shrimp 0.01($165) or  less.. NOT shark 10btc($160k) or whale amounts of 100btc+($1.65m+)

I believe people who invest so much in BTC trust the network, and they built that trust because they have done their research. BTC has a lot of features that can easily make one interested in the network, but to invest so much in it doesn't only require research but money too; there are people who live in underdeveloped places and have heard and researched about BTC, but they can't invest in it because they do not have the money to do so. As such, the two reasons that can make a person go all in is: research and money.

So you trust a guy and then ask what research he did?

Are you also going to accept all the information we will post here with the same full trust?

What is stopping you from following the lead of any number of influencers investing in any number of assets?

Bitcoin is a lot about self teaching and self discovery. If you aren't willing, I would say it is not for you.

Today in world business one of the most talked person is Michael Saylor, chairman of software vendor company MicroStrategy (MSTR). He is known to have purchased approximately 2,395 bitcoins worth $42.8 million between November 1 to December 21. So far MicroStrategy has collected 132,500. It is worth about $2.25 billion at current prices. There is no doubt that Michael Saylor is a big holder of Bitcoin. He owns 0.62% of all bitcoins. His faith and trust in Bitcoin has encouraged all the investors. Undoubtedly, he will reach his goal ‍accoridng to his mentioned time. In a bearish market, BTC's low price wont be stable. It will again be able to break the previous record by it's bullishness.

you can read in this forum about the advantages of bitcoin with other crypto, even with fiat money.
most frequently mentioned,
- bitcoin transactions are very private and secure, with low fees.
- bitcoin is expected to continue to potentially continue to grow.
- the uniqueness of bitcoin too, is not affected by the banking system.

that is the uniqueness and advantages of bitcoin, bitcoin is very suitable as an investment, and is also suitable as a transaction tool.

That is the worst advice somebody in this space can give anyone else to do.
Everyone here knows how volatile this currency can be and having it just go down by a percentage can really do damage to those who have something worth as much as a house to use for collateral to buy it.
His company sold some but then immediately bought more. This was their strategy for tax harvesting I would assume.

That was one of the most retarded(sorry) and irresponsible advices I've seen that's been said by a person that's supposed to be significantly smarter than the typical person. It's just so bad that it's actually worse than the advice I've seen the worst YouTubers have given.

Remember when Saylor told people to take a home equity loan out to buy Bitcoin at the top?

Good times.

Part of the reasons to that is in here https://twitter.com/BitcoinMagazine/status/1610056637557137409?t=7kEhasaCbdxigWnCIImppg&s=19 and also if you had been following Michael Saylor on his social media accounts you would have discover more reasons why he had chosen to respect every decision made by microstrategy, this is what they see and believe which is working for them, they buy, hodl and sell, but it does not end there, they have got every instrumentation needed to make any purchase in bitcoin, an asset that will always remain profitable is good for investment, never forget that we are still in the dip, bitcoin will rise and by then, only those investors that hodl will laugh when it surges.

Saylor explains in very rational manner why bitcoin is the only digital commodity and altcoins are not (they are securities). They are securities because they had a premine or ICO involving venture capital, they are controlled by a person or small group of persons, they pass the Howie test, etc. In other words altcoins are garbage.

Everything Saylor says about bitcoin is true and can be verified. Even the head of the SEC and CFTC regulatory agencies in the United States officially stated that bitcoin is the only digital commodity, everything else including ethereum are unregulated securities.

In terms of Michael Saylor and Bitcoin, jumping in based on his interviews wouldn't be the
worst thing, but of course in principal it's not recommended. I would say most newbies
do their research after they make their investment


Saylor has a very deep understanding of Bitcoin and can talk in abstract ways about Bitcoin.
I have never heard anyone say that Bitcoin is Digital Energy.

If anyone is feeling in the slightest way negative on Bitcoin I would recommend a 30 minute
session with Saylor to put things right!

Yes this true we can actually see the interview on youtube and on my perception, He is Bitcoin maximalist

---

He said on their twitter "#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy."

and he actually made a website called https://www.hope.com/ and talk dozen about bitcoin. I mean we need people like Michael saylor 

never invest due to what someone says purely because you recognise the persons name as some one famous and automatically think "well he is famous so he must know what he is talking about"

instead take what that person says and the research it. and see if what he says checks out, also find an opposing view and then research that, and then come to a conclusion of which one is right and choose based on the right information

and by research it means find actual data/code/sources.. not popularity contests of how many followers some one has that have merited or liked a certain topic

its not about ignore famous people. its not about blindly believe.. its about listen and take what they say and research its accuracies

some days they can be correct about one thing and not so much about another. so dont just blindly trust forever a guy because at one time he said something you agree on.. always do your own research on each subject

Well, it is risky for you t go all in into an investment because an influential personality is bullish about the assets, even though bitcoin is a multi-faceted asset that a lot of its intended feature is yet unknown and undiscovered yet. But if you keep on jumping on anything that has been promoted by a big name like Michael Saylor, or even Elon musk and the rest of the other influential personalities around the world, you may get misled because those guys a bullish on those projects simply because they have their investment in them and will want the price to go bullish so that they make more profits. But taking personal time to discover the potential of such an investments and their utility demand before diving into them will help you a lot instead of trusting on the public statement from men of influence.
Oh ok so now let's discuss based on the fact that you already admitted that you made a grammatical error in your arrangement of the sentences,  but from the whole message you posted in ops it seems you know exactly what you are saying and you put in 200% of your investment into Bitcoin after being motivated by Saylor statement and bitcoin holding, even though we don't know exactly the amount of Bitcoin held by Micheal in his personal wallet as a personal asset aside from the one his company hold which belongs to micro strategy.

I would recommend not to be influenced too much by Saylor, it seems that the OP has discovered him now but if he had discovered him last year at the peak of the bull market he could have gotten carried away, and could have gone all in debt to buy Bitcoin, and although Saylor's message is to do it in a rational way, much of the leverage we have seen cascading liquidation in the downturns we owe to him.

He's a very smart, well-spoken guy, but those types of people get it wrong too. Better to study what Bitcoin is and based on that decide whether to invest, as pooya87 says.

Well your in initial post is very misleading then, it sounds like you just jumped in following someone else without doing your own research.

Anybody should do some research on their own and see what bitcoin is, not just look at the charts and see the price going up and see some rich guy has bitcoin and follow them.
Bitcoin is the only decentralized currency in the world that can not be censored or sanctioned. You don't need a middleman to send, receive or hold bitcoin which means no one's hand is in your pocket when you use bitcoin but your own! It has a limited supply so we can say that bitcoin is the only existing money in the world too (everything else we have like dollar is currency not money).

i'm not saying that i invested hearing michael saylor it is just a way to make you all understand
A average person also thinks many times even he has small amount to invest but I want to know what things make anyone to invest this part of his networth and this much big amount
after reading this answers here , i understood that bitcoin cannot be seized, easy transport than gold , low risk to manage , etc

my english is bad so ignore

Now what, are you blame to Micro Strategy since Bitcoin price didn't increase after a year? there's no one in this world including Satoshi force you to invest in Bitcoin, Bitcoin enthusiast just encourage people to invest, but you're the one who make the final decision. Most people who put almost of his money in Bitcoin are looking for long term, holding fiat will make your wealth decrease, so they're looking for an asset which can hedge against inflation.

You tell me — why did you become bullish on bitcoin just because Saylor did, without knowing why he was bullish in the first place? Looks like you blindly trusted a person of influence.

We have different perspective on how to trust Bitcoin. I’m actually scared because this institutional investors like Saylor and Grayscale that holds huge chunk of Bitcoin that bought in high price. I preferred the small quantity distributed to all holders rather than whales holding it. I know that Saylor intention on Bitcoin is good but he is investing money using his company funds which we all know that will not gonna hold loss for so long or else there investment is not profitable at all.

I trust Bitcoin 100% due to its technology not because someone prominent like Saylor that investing huge money on it.

Because Bitcoin is a truly decentralized currency. Bitcoin is immutable. Bitcoin can't be seized. Bitcoin can't be censored. And it has fixed supply. These are just some of the reasons that Michael Saylor probably saw worthy enough to go deep into Bitcoin.

You should also try to find the real reason why you are into Bitcoin rather than go into it just because Michael Saylor risked so much for it. There are definitely more meaningful and interesting reasons to go into Bitcoin rather than just imitating somebody.

he has done many interviews expressing his views

he says its like digital gold(deflationary asset) but with the extra security of being an asset itself but digital.. rather than a certificate of an asset(like digital gold)
thus better than digital gold

also for years gold has been stuck in the $1k-$2k window of trading
where as bitcoin too has a non-zero bottom(real value($15k currently)) that will slowly raise up over time to new raised bottoms, the tops(premiums(ATH $70k)) can also go up hugely, meaning there is more room for more profit and growth

other things are that bitcoin has its own utility. and also underneath as a bridge to other sub layer iou/pegged tokens that could offer more novel utility. in essence the options of utility could expand into things we are not thinking about today.

current sub networks of iou/pegged tokens are still sandbox testing and yes saylor is motivated by the obvious promoted ones, but he sees alot more opportunities in others yet to come that can expand deeper and deeper down in sub of sub networks thus offering more to the mainnet capital locked for those subnetworks, thus raising the bar for all coins in the mainnet

I start to trust 200% in bitcoin and instantly convinced to invest 80% of my money in bitcoin after watching michael saylor's holding in bitcoin ,
i always wonder, what research has been did by michael saylor that he trusts so much in bitcoin and holding this much part of his net worth in bitcoin
I read that he done too much research before going all in ,
anyone please can tell what things cause this much trust


edit:  I am just asking what things make a person to go all in like michael saylor or { why michael saylor holds huge amount in bitcoin } what are the things that make a person to invest this much part of his networth ,
you all are roasting me down