If BTC will become a world reserve asset you would never need more than 1 since there is less than 21 million in total.
So everyone should stop accumulating at 1 BTC? And assume everyone else will, too? Will ETFs stop at 1 BTC? Will nation states stop at 1 BTC? You might have a better point if you restrict it to individuals since Microstrategy is a company but even then I would assume that if you reach 1 BTC, you yourself are not going to stop accumulating, either.
He doesn't seem to have the patience to wait for a dip to buy even tho hes supposedly long term bullish
If you're long term bullish, you don't need to wait for dips. You will just buy now. Time in the market > timing the market.
Controversial take…
How? It's a private sector company owned by private sector investors.
The secret ingredient, confiscation.
https://open.substack.com/pub/ecoinometrics/p/microstrategy-is-winning-big?r=2jojiv&utm_medium=ios
https://m.stacker.news/15201
Somewhere I heard about getting 1% of a bitcoin and you would be good in the new world.
But this… Are they aiming for 1% of the total supply?
If yes, then what BlackRock aiming for ?
almost there, just 20,000 more to go
https://m.stacker.news/15218
https://m.stacker.news/15205
To everyone working the fiat mines, may your stack overflow with riches and heart be set free to dream.
Michael Saylor is not as smart as he appears.
What am i missing? :)
Why not? Other companies can follow, no?
So everyone should stop accumulating at 1 BTC? And assume everyone else will, too? Will ETFs stop at 1 BTC? Will nation states stop at 1 BTC? You might have a better point if you restrict it to individuals since Microstrategy is a company but even then I would assume that if you reach 1 BTC, you yourself are not going to stop accumulating, either.
If you're long term bullish, you don't need to wait for dips. You will just buy now. Time in the market > timing the market.
This is very nice, and very good!
!!! BUT !!!
Don't forget that Microstrategy is a public company, partially directed by US government (even if this directing is in indirrect mode)
All the plebs who post on SN probably have at least 200,000 BTC!
I bet Michael Saylor is looking to get to a million BTC in his lifetime, is that possible?
And the fairytale continues for Microstrategy