unlike most of us who tend to buy bitcoin during its dips, Michael Saylor has a different strategy. strategy buys over 3,000 bitcoins again despite bitcoin declining. but their purchases for this month actually is lackluster compared to their previous purchases during previous months.
“I’m going to be buying the top forever. Bitcoin is the exit strategy,” the Strategy co-founder said in 2024.knowing this strategy, do you still feel more compelled following strategy's bitcoin purchases? is Michael saylor concerned about something other than maximizing his bitcoins? perhaps the reputation of his company is still on the line and he has to protect the confidence of his investors hence why he only buys when bitcoin is doing well.
while strategy is admirable for continuing to buy bitcoin, we individuals should not be following strategy if they tend to buy bitcoin at its peak. now that bitcoin is declining now is the time to accumulate the most bitcoins as you can again.
Saylor is a smart guy.
He knows that buying the top and hodling is more profitable than waiting for a dump that never comes and missing out on even the last top.
Anyone who does a simple DCA will find out that they will have similar results. I am not following his strategy of buying the top, but I do have my own strategy, which is quite similar to his.
Although sometimes I do buy the top, when using my own strategy. Not always, though.