Currently sitting on 639,835 BTC purchased for roughly $47.33B. In the meantime, smaller investors are freaking out and selling at a loss. This lets the whales grab up Bitcoin at better prices. It’s all about this: the weak panic sell while the strong buy. You still hanging onto your stash?
New strategy just picked up 850 BTC
19 replies 179 views
stack_laserFull Member
Posts: 103 · Reputation: 310
#2Dec 28, 2021, 05:27 PM
Whales are always ready to fill their bag up with the dumping of the week hands, micro strategy are having the best time of their company existence, having the available capitol to invest in a future assets like Bitcoin for a company is a huge financial step that will see the company to an unimaginable market Cap in the future.
Congratulations to them for having that capacity to keep buying Bitcoin at regular intervals, is good for them to take the right step with their available resources.
If you believe on your investment potentials, why decide to panic sell? That only happens if you dont know your investment well, or you arent got the faith for your bitcoin.
Personally, regardless if the price comes back and forth, I will still be holding my position tight and firm. If we cant act like a big whale, then lets just adopt whats the strategy of a big whale, and that is to keep buying even if the price is at its peak or its bottom price.
real_pixelSenior Member
Posts: 206 · Reputation: 1105
#4Dec 30, 2021, 02:52 PM
We cannot blame the small investors if they're panicking. All of the panic sold Bitcoins that they send to the market is just going to be caught by the whales like the Microstrategy. And you're right that the game is like that, whoever are the weak hands, the stronger hands will be getting what they dispose to the market.
Yup, but I've done both. Sold some and keeping my position tight.
shard_gweiFull Member
Posts: 61 · Reputation: 300
#5Dec 30, 2021, 07:02 PM
Hi Op, There is already a topic open on Micro Strategy where all the updated news on Micro Strategy is posted there. It is better not to open a new topic on Micro Strategy.
Re:MicroStrategy Buys $250M in Bitcoin, Calling the Crypto Superior to Cash
By accessing this link, you can keep an eye here to see all the news about Micro Strategy and be the first to post all the news about the next Micro Strategy here.
Although I haven't invested a large amount of Bitcoin, I have invested a very small amount of Bitcoin and I am holding on tightly to my position with that small amount of Bitcoin.
Such a bold move, buying when price is just so stable above 110k but cannot break yet the 120k barrier, it's good to see if it happen though. Strategy and Saylor really has the balls of steel for this to decide on just buying. I wonder their so called PNL now if how it looks.
king_oracleMember
Posts: 38 · Reputation: 206
#7Dec 31, 2021, 01:49 AM
Michael Saylor will continue his Bitcoin investment and probably won't stop. We see every week he is creating new tracking and investing in Bitcoin every week.
However, his bold move gives us more strength to hold on to Bitcoin. Those who are too afraid to hold on to Bitcoin with a weak heart may be panicking and selling at a loss. Moreover, those who have already considered the future of Bitcoin will never sell their Bitcoin investment, they will wait for a long time. From my position, I am still holding on to Bitcoin tightly and waiting, and I am constantly investing some of my earnings in Bitcoin.
mark_whaleSenior Member
Posts: 238 · Reputation: 968
#8Dec 31, 2021, 04:04 AM
Not all small investors though... and not all whale also hold long term or have strong hands
We have different kinds of traders and investors in the market, and not every other Bitcoin buyer is going to hold it. You don't expect a day trader or scalp trader to hold why they are buying and selling every passing hour and I don't think because of their trading strategy, they are weak hands.
You can follow Strategy portfolio with two websites.
The first website is an on-chain portfolio tracker from Arkham Intelligence company so it can give you more real time update than the second website that seems to depend on news announcement from Strategy.
https://intel.arkm.com/explorer/entity/microstrategy
https://saylortracker.com
It is no surprise if small investors panic when they sell at a loss. That is because they don't have strong hands to hodl Bitcoin and buy back. They think if they selling their Bitcoin, they can buy it back at a low price.
But unfortunately, they don't know how far the price will fall. If they have strong hands, they will not panic but calm down and search for the opportunity to buy back. They will be happy seeing the good moment to buy more Bitcoin, more amount than they usually buy.
They don't want to miss the chance to buy at a low price so they will place a buy order and wait. I still hodl my Bitcoin even if the price is down like today because I believe the price will increase back.
Arkham is a good platform for the analysis of what happens on-chain, imo, never used it to a full extent, but heard good things about it.
Strategy may do anything it pleases, we as retailers shouldn't just follow their buys / sells: instead, we should do it in spite of what the media tells us, imo
alex.shardLegendary
Posts: 1019 · Reputation: 5623
#12Jan 5, 2022, 04:17 AM
Yes, I am seeing everything on the news. Also Metaplanet bought bitcoin recently. I like these two organizations. I mean Strategy and Metaplanet. Even if the price of bitcoin is falling, they continue to hold their coins. I hope more institutions will join them which can make bitcoin to become more scarce.
I agree it's best to continue the discussion via that thread, but in general, whales don't always win, and sometimes they lose on average, but in the long run, they'll likely make profits.
Doing so is counterproductive, and weak hands are usually the result of not having a proper trading plan or risk management strategy.
It's not new to see Strategy continuous aggressive buying of bitcoin irrespective of the price of bitcoin. Strategy knows the great potential of bitcoin and is using this opportunity to accumulate as many bitcoin as possible for the future. Strategy is among one of the first companies to start investing in bitcoin and motivated other companies.
It's bad to sell due to panic. It means that you don't understand how bitcoin works or you are a trader. I am still buying and hodli.
basedmatrixFull Member
Posts: 55 · Reputation: 269
#15Jan 5, 2022, 01:19 PM
Big institutions know what to do on certain situations happen and those dumps happening recently cannot affect them but rather its giving them a signal to accumulate again.
We won't see MicroStrategy to hit at that level if they don't know what they are doing.
Those small investor doing that is just riding up with the waves but don't know what to do if there's certain correction happened on the market that's why they decide to dump. Their belief is not strong as experience individuals that's why I guess they need to do lots of research so that they would know when to react towards when seeing surprising movements happened in the market.
AtomicCipherMember
Posts: 58 · Reputation: 247
#16Jan 5, 2022, 06:55 PM
So what is the right strategy? At some point, the market will turn bearish and the price will go down, this has already been confirmed by many years of cyclical patterns. The question is, who will sell and at what moment in order to make a profit? After all, when the price drops during a bear cycle, you can buy back again either more, or the same amount as before, but with a profit.
MicroStrategy has grown a lot by investing in Bitcoin, and they are currently holding Bitcoin most aggressively by selling their shares. But we are holding Bitcoin by following the DCA method with our small money, because we know that the only way to get the fastest and most profitable is through Bitcoin holding, but Bitcoin holding must be for a long time. I am ready to hold Bitcoin for a long time according to my ability, and I am constantly participating in Bitcoin investment with small money.
Although I do not have a lot of Bitcoin, I have a small number of Bitcoin, so I want to hold this Bitcoin holding for a few years according to my ability.
Weak hands panic sell because what they used in investing was all they had in savings and can't emotionally hold it down when they see price falling dip. Strategy has the capital available and what they might be using to invest into bitcoin for the future could be a potion of what they have in other physical investments. I could be quite sure that all what Strategy has invested in bitcoin are what he can afford to lose to his ability. Majorly why we encourage small investors to have streams of income while investing in bitcoin because of it's volatility.
Most of them never had in mind to invest for a long-term because if those weak hands as you tagged them has a vision, from the day they invested in Bitcoin, they would have look for ways to seek for more income that will help them create an emergency funds, come to think of it, I think is not adviseable for anyone to use his or her all to invest in Bitcoin, if we should look at that, I think it one of the mistake some investors make, why will anyone use all his saving to invest in Bitcoin that's not the way to go about this investment and once anyone does this, just know that such person won't be holding for long-term unless he or she decide to take immediate steps that will help him not to to get panicked or pressured and what are those steps, as they invest with all there savings, they can start hustling so that they fall back to something that will make them not to see their investment as an alternative to solve immediate problems.
Although I might have deviated a lot but in the case of panicking because of the price, I think thoae that so that never planned for long-term too and I will atribute it to lack of understanding, if they understand that even though Bitcoin price falls today for instance it might skyrocket at any given time they won't consider making such hasty decision as the best option rather they will look for ways to invest more at the lower price, once you understand how the market works, even though you invest with your last drop of savings, you won't shiver because of price drop that we know that's not permanent.
It happens in all cases that the rich use the weakness of the poor to increase their wealth. In the case of Bitcoin, those who are not very financially strong sell their Bitcoins in fear in various cases and cash out the money and the whales take advantage of that and fill their bags. And gradually they keep a large amount of Bitcoin in their hands and manipulate the market. And in the same way, they keep ordinary investors in fear and force them to sell their Bitcoins because their weak mind set never decides to take high risks. And in this opportunity, the whale investors withdraw all Bitcoins from the market at a low price. In this way, they gradually get the opportunity to hold more and more Bitcoins. and we are just selling
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