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[Josemendez]

According to coindesk , The CEO of publicly traded MicroStrategy (MSTR) has revealed that he has no plan to ever sell the $425 worth of Bitcoin evbought earlier this week and that he strongly believe Bitcoin is the best treasury asset.
What do you think of this ?

 

[Niftyicon]

He just made that decision rationally. I doubt there is anyone with the littlest knowledge of crypto who wouldn't want to hold on to some bitcoin. Many people share that same belief with him.

 

[SCAMEXPOSER]

It is a very good decision , he has enough funds that he can use for other acitivites so this is more like an investment that he has already which he is not in hurry to sell until the price is suitable.

 

[ELSA-ELI]

He is just pushing the agenda and probably making an influence on the need for people to purchase more crypto and in this particular situation btc.But the ammount isn't that huge to cause a market effect to trigger more purchases of btc.

 

[Balint098]

He's just doing a public stunt that stir up drama to make the news go viral and more people know about crypto. "Idle money is wasted money," every investor know that.

 

[Josemendez]

He's just doing a public stunt that stir up drama to make the news go viral and more people know about crypto. "Idle money is wasted money," every investor know that.

I don't believe that cryptocurrency long term investment is actually an idle money because the money has potential to grow and to reduce too. An idle money is money that is stagnant

 

[Niftyicon]

He is just pushing the agenda and probably making an influence on the need for people to purchase more crypto and in this particular situation btc.But the ammount isn't that huge to cause a market effect to trigger more purchases of btc.

These influential figures and their stunts. Well, it doesn't really matter I think, provided it is for a good cause. I just paid attention to the amount now and saw that it wasn't as huge as I thought at first.

 

[Josemendez]

These influential figures and their stunts. Well, it doesn't really matter I think, provided it is for a good cause. I just paid attention to the amount now and saw that it wasn't as huge as I thought at first.

It was bro. I made a mistake by omitting the millions to the figure . The figure is $425 million so it is a huge amount of money to invest

 

[Niftyicon]

It was bro. I made a mistake by omitting the millions to the figure . The figure is $425 million so it is a huge amount of money to invest

That is quite a lot of money. No surprises that he had something to say about bitcoin. Many people already see bitcoin as an asset hence, their investments in Cryptocurrencies.

 

[SCAMEXPOSER]

All coins are currently in a negative mode so we never can tell because a day is enough for bitcoin to witness a sharp rise in it price , most of us predicted between $15k to $20k, which is I believe is still possible.

 

[Ewogboka]

It's the point of holding it forever?

You can't hold Crypto currencies forever because at a point you would have make gains which is the utmost aim of holding.

 

[Ibnuhassanee]

According to coindesk , The CEO of publicly traded MicroStrategy (MSTR) has revealed that he has no plan to ever sell the $425 worth of Bitcoin evbought earlier this week and that he strongly believe Bitcoin is the best treasury asset.
What do you think of this ?

Ofcourse many people don't trade in full, trading is not depends on much amount but knowledge and understand that is when you will gain and much amount of money

 

[Josemendez]

Ofcourse many people don't trade in full, trading is not depends on much amount but knowledge and understand that is when you will gain and much amount of money

I think what he meant was that he is going to keep storing the Bitcoin for a longer time because he believes in its potential . The amount he bought is large enough for him to make gain at a slight rise but he won't be selling it easily

 

[SCAMEXPOSER]

Sure,even 20% rise in the value of bitcoin he has already can make him good profit but you know as human we love to earn bigger in a short time.

 

[Josemendez]

Sure,even 20% rise in the value of bitcoin he has already can make him good profit but you know as human we love to earn bigger in a short time.

Not for him based on what he said .he is not ready to sell his Bitcoin for profit no matter the rise atleast for a while . The reason is best known to him

 

[SCAMEXPOSER]

Then he must have bought the bitcoin for reasons far different from that of the numerous investors that are in for the profit they want to make from the surge in bitcoin price at any time.

 

[ascott]

now seems BitTCoin hits 10k $ again so best time to invest on it... i think BTC is a good treasure to hold and stake as I hope it will hit 20k in next year

 

[SCAMEXPOSER]

now seems BitTCoin hits 10k $ again so best time to invest on it... i think BTC is a good treasure to hold and stake as I hope it will hit 20k in next year

The people that will enjoy bitcoin investment are people who are not in hurry to sell neither do they panic when the price drops.

 

[Josemendez]

now seems BitTCoin hits 10k $ again so best time to invest on it... i think BTC is a good treasure to hold and stake as I hope it will hit 20k in next year

If you really want to invest in Bitcoin now then you must be willing to be patient till next year when there will be a higher rise in the price say 20 to 25k value

 

[Josemendez]

Thank

Well that is a rational decision which he should have taken earlier on before now, the crypto world is fast changing only the wise are smart enough to know

There is no time that cryptocurrency investment becomes a late investment because the fluctuations in the asset will continue to make it tradeable all the time .