Post
Topic
Board Bitcoin Discussion
Re: When will Michael Saylor and MicroStrategy sell BTC?
by
Crypto Library
on 26/02/2024, 17:19:14 UTC
Saylor claims MicroStrategy will never sell their Bitcoin[4], positioning them as unwavering "diamond hands".
Saylor created himself an image of a true Bitcoin believer who is in for the tech and will hodl forever, but remember that it costs him nothing to write posts on twitter, and some 5 years ago he was a Bitcoin skeptic. He changed his opinion because he saw opportunity for profit, and if Bitcoin starts performing poorly, he could easily dump it and look for new investment opportunities. I won't even be surprised if one day he turns into an altcoin shill - maybe he'll use the trust he build to launch his coin or promote someone's coin for a decent chunk of premine.
Logically, your words are also correct. Because the words of these big whales have no fixed address, They often say one thing during the day and another at night. And in this middle, they take their profit and advantage. But I think Michael Saylor's eyes that were closed five years ago are now open, even though he has been investing heavily in Bitcoin for the past few years. So I think he is going to make his bitcoin investment for a long term. Because there is loss in other investments and there is no loss in Bitcoin investment, just to hold for a little long term. But it may also be true that in the future he may own an Altcoin like Elon Musk did.