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Author Topic: Michael Saylor advices never to sell bitcoin...  (Read 1352 times)

Offline Rubel007

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #15 on: December 08, 2024, 10:04:30 PM »
Michael Saylor is a big holder of Bitcoin and if he wants to, he can control the market to some extent. When he says that he will not sell Bitcoin but wants to hold more Bitcoin, then we can say for sure that he will not give up his Bitcoins anytime soon. And according to him, if he buys more Bitcoins, then he will definitely benefit. Along with that, everyone who holds it will benefit. The reason he said it is possible, but if someone is not suitable for investment or does not have the ability, then he can release his Bitcoin if he wants, I think that is a good principle. As a investment tool Bitcoin is the best investment.

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #15 on: December 08, 2024, 10:04:30 PM »

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #16 on: December 08, 2024, 11:59:33 PM »
Michael Saylor is a big holder of Bitcoin and if he wants to, he can control the market to some extent. When he says that he will not sell Bitcoin but wants to hold more Bitcoin, then we can say for sure that he will not give up his Bitcoins anytime soon. And according to him, if he buys more Bitcoins, then he will definitely benefit. Along with that, everyone who holds it will benefit. The reason he said it is possible, but if someone is not suitable for investment or does not have the ability, then he can release his Bitcoin if he wants, I think that is a good principle. As a investment tool Bitcoin is the best investment.
Yes, when big investors or whales say something, it can really have that much of an impact on Bitcoin. and his decision to continue holding BTC is certainly because he has a certain strategy, but all of that must ultimately be for profits, no matter when he will take profits.

however, sometimes unfortunately our conditions are not that good and are not the same as those of whales or people who hold Bitcoin for a longer period of time, I have no intention of selling Bitcoin even in the peak season of the bullrun later, preferring to hold a longer time period until the years to come. because sometimes, we only have limited capital, which is a bullrun is the right time to take profits, and then use some of the profits to invest again during the bearish period. and so on following the bearish and bullish patterns of crypto. ah, it seems like I'm talking at length. ahha, sorry.
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Re: Michael Saylor advices never to sell bitcoin...
« Reply #16 on: December 08, 2024, 11:59:33 PM »

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Offline TomPluz

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #17 on: December 09, 2024, 04:53:08 AM »
Michael Saylor is now looking at Bitcoin with a million dollar price tag hence it would be logical on his mind not to sell Bitcoin at the $100K stage as this can mean we are looking at the x10 profit possibility into the future. And the man is so certain of that...and the one big thing he might not be sure is the TIME element but this is just a natural thing when you are investing into something. Right now, Michael can say whatever he wanted to as he is vindicated with his utmost support for Bitcoin as he was so criticize in the past for the risk involved. Now, we can either follow Michael or maybe we have our own strategy...we are all free to do whatever we like with our Bitcoin.

Offline bayu7adi

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #18 on: December 10, 2024, 02:26:51 AM »
I'm sure there are people who are also afraid of this statement, because a bearish period can still happen at any time without preparation, and I think that fear is reasonable for those who are too hopeful about Bitcoin... maybe Saylor can say that because he has made a lot of profit from Bitcoin (if he sells it now), but it could also be a strategy for him to keep Bitcoin as an asset with good liquidity...

Unfortunately I sold my bitcoin a few days ago, and maybe my plan to buy Bitcoin again is in 2026 and 2027... hoping that in that year there will be a bearish moment to get Bitcoin below $80k

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #19 on: December 10, 2024, 07:05:51 AM »
---
Michael Saylor is heard saying/advicing peeps to keep buying bitcoin with their spare cash and never sell, that he is confident that one day, he's going to be buying even more bitcoin at $1 million dollars per coin..

And I am wondering, is this his way of letting us know that he's not even ready to sell any of his bitcoin anytime soon?

Does he plan to hold more bitcoin than every one else? Possibly he knows something many of us seem not to know?
I am curious.
Well, with the finite supply and the institutions coming into the space and buying those Bitcoins in bulk, that would create a supply squeeze and that would be the reason for Bitcoin to go up to a million dollars like he said... or it might not. :D

Anyway, he's saying things like this because Bitcoin is tied up to his company, Microstrategy. Just look at the price movement of the stock of his company and Bitcoin. It's completely the same and in fact, the stock has gone up more than 500% already. It's a bit complicated, but to shorten it, as Bitcoin's price goes up, so does his company and the stock that's why he's saying things like this.

As an investor, the only way we gain profit is through selling it, and not selling your Bitcoin "FOREVER" for me is considered a stupid move. Bitcoin isn't a collection where we will be holding it forever. It's an asset that we need to sell in order to gain profit from it.

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #20 on: December 10, 2024, 06:11:41 PM »
Please note this is my thread on the other forum, BTT to be precise, I decided to share the same here to get opinions from here as well. Thank you.


Came across a video clip on telegram

https://t.me/cryptothedoggy/4060

Michael Saylor is heard saying/advicing peeps to keep buying bitcoin with their spare cash and never sell, that he is confident that one day, he's going to be buying even more bitcoin at $1 million dollars per coin..

And I am wondering, is this his way of letting us know that he's not even ready to sell any of his bitcoin anytime soon?

Does he plan to hold more bitcoin than every one else? Possibly he knows something many of us seem not to know?
I am curious.
I think that you could express a best comment in your post. So i am also agree with this post. I also believe that if we don’t sell our crypto in this time, i believe that it will be correct decision for us. Because we know that bitcoin price is increase rapidly in cryptocurrency in this time. We also believe that gradually bitcoin price also increase in cryptocurrency market. So if we don’t sell in bitcoin and keep it for future, i believe that it will be a great decision for us. Because i think that donald trump could be best support in cryptocurrency market, which will be great achievement for us.
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Offline Hisbullah

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #21 on: December 10, 2024, 09:54:05 PM »
Please note this is my thread on the other forum, BTT to be precise, I decided to share the same here to get opinions from here as well. Thank you.


Came across a video clip on telegram

https://t.me/cryptothedoggy/4060

Michael Saylor is heard saying/advicing peeps to keep buying bitcoin with their spare cash and never sell, that he is confident that one day, he's going to be buying even more bitcoin at $1 million dollars per coin..

And I am wondering, is this his way of letting us know that he's not even ready to sell any of his bitcoin anytime soon?

Does he plan to hold more bitcoin than every one else? Possibly he knows something many of us seem not to know?
I am curious.
I think that you could express a best comment in your post. So i am also agree with this post. I also believe that if we don’t sell our crypto in this time, i believe that it will be correct decision for us. Because we know that bitcoin price is increase rapidly in cryptocurrency in this time. We also believe that gradually bitcoin price also increase in cryptocurrency market. So if we don’t sell in bitcoin and keep it for future, i believe that it will be a great decision for us. Because i think that donald trump could be best support in cryptocurrency market, which will be great achievement for us.
I think it all depends on each person's consideration in investing. They can hold their bitcoin and altcoins for long-term holding or they can make short-term and medium-term investments to get profit to buy back potential coins and sell them again when they get profit, I also do that. because long-term holding requires free funds while I have to increase my crypto assets so that when the bullish season I have more assets to sell.
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Altcoins Talks - Cryptocurrency Forum

Re: Michael Saylor advices never to sell bitcoin...
« Reply #21 on: December 10, 2024, 09:54:05 PM »


Offline Asiska02

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #22 on: December 10, 2024, 10:30:39 PM »
Michael Saylor is heard saying/advicing peeps to keep buying bitcoin with their spare cash and never sell, that he is confident that one day, he's going to be buying even more bitcoin at $1 million dollars per coin..

And I am wondering, is this his way of letting us know that he's not even ready to sell any of his bitcoin anytime soon?

Does he plan to hold more bitcoin than every one else? Possibly he knows something many of us seem not to know?
I am curious.

This is not something we can really picture for real that he’s actually saying it because he knows it’s going to reach that price per one. He is only saying all this so that he can have some relevance in the bitcoin space too. His statement aren’t that bad and are positive prospectus that we may see bitcoin becoming in the future. If you’re able to hold bitcoin and not sell it for years to come, that should come from the conviction you’re having about bitcoin and not what an influential person feels about it or suggests it may become in the future. The bitcoin market is unpredictable, and as such, we should not make it look like we are just following the words of others, an influencer before taking action about them.

Offline Z-tight

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Re: Michael Saylor advices never to sell bitcoin...
« Reply #23 on: December 11, 2024, 12:02:11 AM »
People will surely sell and spend BTC, there is no way you can advise one never to sell BTC, that is even lame in someway. I know BTC is great, and i don't intend to sell 100% of my coins, but selling a part of it is never a bad idea, you can sell some and put the funds into something else or buy yourself something cool; that's life.

 

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