🔥Alright, so the link to the article is gonna be linked below but Basically Michael Saylor's company Microstrategy has filed to sell up to $500 Million worth of company stock to mainly buy up more Bitcoin! He's really not joking about turning that software developer into a Bitcoin proxy.
🔥Sure it's just Microstrategy doing it's thing but it's a big sign that the confidence in crypto is still there and those that know know. Those that persist and don't give up will be rewarded and it should be noted that Microstrategy's price is also heavily correlated to Bitcoin since it holds so much. Just think about it, Bitcoin goes up, and so does Microstrategy. It likely wouldn't be such a bad call to buy a few positions for long sake. Of course that doesn't mean do a YOLO and put a lot of money in, only ever invest what you're okay with losing, that way you won't let your emotions get the best of you and sell in rough times only to miss the best times that usually follow after the rough.
🔥Also important to note this idea since the stock sell means that Microstrategy would buy a couple hundred million worth of Bitcoin and while it's not much in the daily gist of volume others will soon follow suit with the news and hopefully this could be one of those catalyst we've been looking for to get back up to what we need both news, sentiment wise and actual support wise since we'll have that buying pressure from Micro once they start buying alongside other whales and institutions.
🔥Gonna leave the idea here for now and leave the link here but if you'd like to leave a like and follow it'd be much appreciated, simply doing what I can for you guys and keeping you up to date with info you need, thank you.
~ Rock '
🔥Sure it's just Microstrategy doing it's thing but it's a big sign that the confidence in crypto is still there and those that know know. Those that persist and don't give up will be rewarded and it should be noted that Microstrategy's price is also heavily correlated to Bitcoin since it holds so much. Just think about it, Bitcoin goes up, and so does Microstrategy. It likely wouldn't be such a bad call to buy a few positions for long sake. Of course that doesn't mean do a YOLO and put a lot of money in, only ever invest what you're okay with losing, that way you won't let your emotions get the best of you and sell in rough times only to miss the best times that usually follow after the rough.
🔥Also important to note this idea since the stock sell means that Microstrategy would buy a couple hundred million worth of Bitcoin and while it's not much in the daily gist of volume others will soon follow suit with the news and hopefully this could be one of those catalyst we've been looking for to get back up to what we need both news, sentiment wise and actual support wise since we'll have that buying pressure from Micro once they start buying alongside other whales and institutions.
🔥Gonna leave the idea here for now and leave the link here but if you'd like to leave a like and follow it'd be much appreciated, simply doing what I can for you guys and keeping you up to date with info you need, thank you.
~ Rock '
