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.
Does anyone invest in bitcoin without having a clear strategy? From what you mean by strategy, I can only see buying the dip and selling at a higher price. You must have forgotten about DCA where you buy consistently at intervals without considering the price of bitcoin at that given point. People can still choose to buy bitcoins at anytime irrespective of the price as long as they have plans to hodl for long term. I will always tell myself and anyone, "there is no perfect price to buy bitcoins" . Just have a good strategy or plan you intend to follow so you remain profitable at the end.