What is Michael Saylor's opinion on selling Bitcoin?

What are Michael Saylor's thoughts on the act of selling Bitcoin? How does he view the practice of selling Bitcoin and what are his opinions on its impact? Does he believe in holding Bitcoin long-term or does he advocate for selling it at certain points?

3 answers
- Michael Saylor, the CEO of MicroStrategy, has a strong belief in the long-term potential of Bitcoin. He sees Bitcoin as a store of value and a hedge against inflation. Saylor has publicly stated that he does not plan to sell any of his Bitcoin holdings in the foreseeable future. According to him, selling Bitcoin would be equivalent to selling a piece of the future.
Mar 18, 2022 · 3 years ago
- In Saylor's opinion, selling Bitcoin prematurely would be a missed opportunity to benefit from its potential growth. He believes that Bitcoin has the potential to become the global reserve currency and sees it as a long-term investment. Saylor advises investors to hold onto their Bitcoin and not be swayed by short-term market fluctuations.
Mar 18, 2022 · 3 years ago
- According to BYDFi, a digital currency exchange, Michael Saylor's opinion on selling Bitcoin is aligned with his belief in its long-term value. He encourages investors to adopt a 'HODL' (Hold On for Dear Life) mentality and resist the urge to sell during market downturns. Saylor believes that selling Bitcoin at this stage would be a mistake, as he expects its value to continue to rise in the coming years.
Mar 18, 2022 · 3 years ago
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