With BTC going down still, currently at $63,700. Do you think it is the correct strategy to buy more BTC and HODL? They did try to buy the dip but it has dipped further. Will we see another ATH soon? How long would you HODL if you were in MicroStrategy's position?
Well microstrategy only strategy is to buy Bitcoin at any price and hold but this is not applicable to everyone especially for the weak heart. Microstrategy has a lot of funds to invest on Bitcoin while they already experience the worst possible scenario on their holding on the last bear market so I really doubt that Saylor will still fear on buying Bitcoin even at peak while most of their holdings is already at profit.
For me, It’s important to wait for the market to calm down before you enter so that you can guarantee that there’s no panic anymore to avoid future more dip. It’s better to purchase on a higher price if the market is already in bullish momentum rather than buy on uncertain market with the potential to correct further.