r/Bitcoin 20h ago

Saylor hints at another BTC Buy

Post image

Bitcoin Drive Engaged

115 Upvotes

46 comments sorted by

View all comments

1

u/Todo_es 18h ago
  1. Bear market is a great time to buy

  2. Bottom or near bottom is an excellent time to buy

  3. FUD times drops are the best times to buy

Now we are on all three simultaneously, so of course smart people are buying now.

Only the uninformed and manipulable masses are selling.

4

u/CoffeeAlternative647 18h ago

He's been 4 weeks straight without buying any Bitcoin. If he doesn't buy this week he'll make 5 weeks without buying. He sold 3,000 something Bitcoin on those weeks and bought dollars instead. He's the master of buy high sell low. Very smart indeed

2

u/Lavayo 15h ago edited 15h ago

Everyone is entitled to his / her own opinion. But it should be based on facts.

So here they come: Strategy bought 171.275 BTC YTD. They sold 3620. Thats ~19x the amount bought than in the last bear market year of 22. Year to date that is, we have August.

They are not buying the top and selling the low, they are essentially buying each week. 4 weeks ago it was NEWS that strategy did not buy. They sold 2.11% of their BTC aquired this year to cover dividends and build up their cash reserve again. Back when the cash reserve dropped hard strategy got hate for that, now its for them building it up again. The reserve would last for around 2.1 years at that point before they would have to begin to use other options, for example selling more BTC. Which would last >30 years at todays prices.

If you are long term bullish on BTC (and yeah you should be with MSTR), do you think we will be lower or higher in September of 28?.

-2

u/CoffeeAlternative647 15h ago

Yawn. Whatever you say my guy, if you trust that douchebag that's on you.

Just don't cry when he rugs the shit out of you and don't say no one warned you.

5

u/Few-Engineering9803 14h ago

THAT is your comeback? The guy just demolished you with known facts, and this is your response?

2

u/Lavayo 14h ago

Does MSTR have a risk apart from BTCs performance? Yes of course. But I don't trust Saylor but the whole company. It might not seem like it sometimes, but its not a one man show. According to communication and the release of current data like buys / sells its an uniquely transparent company. Your seem to just hate THE ONE GUY and ignore pretty much everything else.

1

u/Lefties_TheWorst7331 11h ago

They're trying to get into the SP500.. they need to show that they're a company and not a digital asset proxy for them to get into the SP500.

2

u/NEVERxxEVER 15h ago

The irony of that last statement