Quote from: Poker Player on August 13, 2024, 03:07:09 AM

Quote from: o48o on August 12, 2024, 12:55:16 PM

To be fair, it wouldn't make any sense for someone like Michael Saylor complain about the bear market, or anyone with a large enough bag, unless they were about to make a move and buy more.

In reality people like Saylor know that volatility is inherent in the potential profitability that Bitcoin has. They don't care about draw-downs because they know they are inherent in the world's most profitable asset and so they keep buying no matter what: whether the price goes up, down or is on a sideways.

It can be said that this is something they are used to, where here is a market that will have increases and decreases at any time, maybe we can say this is an opportunity that every investor has been waiting for to make purchases when there is a decrease in value, not too worried about the decline that is currently sloping the market. and this is a market that we can say will not be stable in the long term, because it will change at any time, there is no strong prediction for the stability of value.