Re: Everything you wanted to know about Bitcoin Strategic Reserve
As for me, right now the only solution is to accumulate BTC as much as possible and do not sell. range $110 000 - $120 000 this not what BTC is worth. accumulation by large investors continues and on monday we will see new reports about purchases from Strategy and other companies. especially positive signal that european companies have joined the purchases of BTC along with american and asian ones.
Yes, you are right. Today BTC price is $118k but, its price is still very low. Because the way whale companies have started collecting BTC now. I think this year it will show another ATH.
Because, Michael Saylor said "STRATEGY plans to raise $2B for Bitcoin purchases, upsizing from $500M." They are increasing their investment almost 4 times. In such a situation, we also have to hold our investment more tightly.
Source
Michael Sellers added, "If you're using Bitcoin right now, you're an early pioneer. If you keep it, you'll be insanely rich." 💰
Source
Also, many smaller companies are becoming interested in investing, which indicates a bullish market sentiment.
This is impressive, Michael Saylor really want to have a great share of this great asset because of the potential he is seeing and I believe once this purchase is been made the price of Bitcoin will surge. Another all time high won't take the end of the year I'm seeing it in few months from now, me as a low coiner this kind of news motivate me to invest and get more serious with my investment. Surely, anyone who is able to invest and hold for a long term will have great return and this is the dream of every investor.