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.
We can buy Bitcoin at any time, as long as we can maintain it or hold it long-term and gradually build up our Bitcoin purchases as we have the funds. So, I don't think there is anything wrong with buying Bitcoin this way, perhaps it could be called as DCA strategy. In fact, everyone has the opportunity to buy Bitcoin, even at its highest price, I believe Bitcoin still has significant potential if held for the long-term, and we know that Bitcoin hasn't yet to reach global adoption massively. So, even if we buy Bitcoin at its peak, it is still very worth it. However, everyone has their own financial circumstances, including certain companies that want to buy Bitcoin. Everyone has the right to decide how to buy Bitcoin, as it is never too late.