- What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
If they know any better, they might keep on holding until after halving comes. Of course, it’s hard to predict because we don’t know their goals and objectives but I think a lot of people who are into long-term holding would only take profits after new ATH is hit.
- If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
They’re probably not gonna take all their bitcoin in one single transaction and there are other ways to sell bitcoin without directly alerting the market. But if they do sell a huge amount, there might be other investors who will follow suit.
- Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?
No. It might be a good indication for others but I prefer looking at the market myself.