Quote from: laspol65 on Today at 09:26:44 AM

Quote from: The Sceptical Chymist on Today at 04:11:07 AM

Quote from: Wind_FURY on February 19, 2025, 04:53:16 AM

I hope Chad Saylor actually waits for a DIP before deciding to purchase more Bitcoin. Buying in any price currently will merely raise his cost-basis, WHICH will put his investment in trouble of liquidation.

That makes sense to me (except that trying to time the market is extremely tricky), but I don't think that's the way Saylor thinks--and as long as he can secure financing for his bitcoin purchases, I doubt he's all that concerned about what price he's buying in at. He thinks cash is trash, right? Well, if that's your philosophy then DCAing goes right out the window, does it not?

Saylor has invested in Bitcoin for several months in a row, investing the most in November and December of 2024, and half of the time in January and February of 2025. So far he has accumulated a total of 478740 bitcoins, and bought these bitcoins by selling shares in his company.
And various people have given him loans at zero percent rate just to buy bitcoins. That's why cash seems like garbage to him because he is able to meet the need of money in moments.

Michael Saylor inspiring us for Relentless accumulation Bitcoin. His corporate financial organization "Strategy" is the first corporate holder in the world to Relentless accumulation Bitcoin. His Bitcoin buying target is such that he expects its worth to reach $250k in 2025.

https://x.com/Saylorsatsire/status/1893665408751685861