I would like to know your opinion on this issue:
- What are your thoughts on the possibility of Michael Saylor and MicroStrategy selling Bitcoin during the current bull cycle's distribution phase?
- If such a sale were to occur, how do you anticipate it affecting the price of Bitcoin and the broader cryptocurrency market?
- Do you consider the actions of individual entities, such as MicroStrategy, when making investment decisions?
Firstly - that's his business, but maybe he won't sell it so soon. He appears to be waiting a little longer and patiently while stimulating more panic among other small investors who are afraid of failing to get maximum returns at the peak of the bullrun.
In the end Michael Saylor and MicroStrategy are very likely to sell some of their bitcoin holdings - but what's the point of thinking about that if you have your own investment goals and profit targets. The impact of a big sell is a price dump - but you can decide when to sell regardless of when Michael Saylor and MicroStrategy sell.
Third - not very, but maybe it's useful. At least bitcoin is more trustworthy because big institutions do it too - that can influence other investors' interest and trust in bitcoin indirectly.