Post
Topic
Board Bitcoin Discussion
Re: Microstrategy Acquires 14,620 Bitcoin, Don't get carried away.
by
Fiatless
on 28/12/2023, 07:12:21 UTC
What do you think?
Unlike Elon Musk who has been inconsistent in his support of Bitcoin, Michael Saylor is a strong believer in the cryptocurrency. He has been one of the vocal voices speaking up for the sector even in times of fierce attacks. I am not surprised Microstrategy is still buying because the firm has the backing of someone who believes in the potential of Bitcoin. People keep asking if it is too late to buy Bitcoin, but I think this news is a good response to them that it is never too late because Bitcoin has so much future potential.

Don't trust them. They will sell their bitcoins in future.

They are a strong investor and strong hodler but they will sell bitcoins in future.
Does anyone intend to hodl Bitcoin forever? I think Bitcoin investors will sell the coins when they get to the predicted price in the future. Every investor intends to make a profit, hence it is not out of place for Microstrategy to sell and make money in the future.