Reglloyd
11-21

There is no better cryptocurrency other than Bitcoin, unless of course you have done some research on Ripple & its XRP or XLM token specifically for cross border payments etc.

Even though Microstrategy is at an ATH, Michael Saylor continues adding bitcoin to the company , as an example 2 weeks ago they had a market cap of 74Billion, it's now surpassed $95 Billion, in a matter of two weeks , thats an increase of more than SOFI's total market cap and a few Billion extra. This is phenomenal, yes Microstrategy is extremely volatile with a rating of 100 so enter carefully as there will be a correction and when this happens see it as a buying opportunity.

Microstrategy is paving the way not only for Bitcoin  miners who are now embracing the same strategy at buying & holding Bitcoin but also for many other listed companies as Microstrategy is slowly but surely creeping up the ladder to ultimately become a company that not only becomes a Bitcoin bank but also the largest company that will no doubt surpass  the Big 7 to ultimately become a listed company that has the largest Market Cap.....Think about that for one moment & ask yourself the following question ... could this actually become a reality as the price of Bitcoin increases in the next 10-20 years ?

As a Final note if you have any doubts think on this.

1. Bitcoin started way back in 2009.

2.The price has historically been climbing even though it's volatile.

3. The spot bitcoin ETF's approvsl & release was Jan 2023, which means it will now be adopted by society even though any new product released is only embraced by society after 15 years....

4. Pension funds would surely want a finger in this pie going forward as it's the only Asset I know of that protects your Fiat currency against inflation.

5. Are you still having any doubts about Bitcoin or which cryptocurrency is better ?

So Many choices, you only have to make  one (1) choice to have a finger in this pie.

Disclaimer: Iam indeed a holder of Bitcoin.

Citron Shorts MSTR: Would You Bottom or Go Short?
MicroStrategy, known as a "major Bitcoin holder," saw its stock price plummet after Citron Research, led by Andrew Left, posted on social platform X announcing a short position against the software company. Citron argued that MicroStrategy has essentially transformed itself into a Bitcoin investment fund. ----------------- Would you consider bottoming them during a pullback? What's your target price for MSTR?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • jessica_twt
    11-21
    jessica_twt

    thanks for sharing. as a newbee, i wonder how do you manage to handle the potential big swing of bitcoin?

    for example, bitcoin falls to $16k after hitting 60k in 2021. i’m afraid i can’t hold during this period.

    • Reglloyd
      Looking back at 2021 Bitcoin was driven by FOMO including lockdowns where everyone was pretty bored & then decided to get into Bitcoin.
      Much has changed since then, we now have the spot Bitcoin ETF approvals, which means Adoption going forward by everyone, Bitcoin has only just left the starting blocks, the finish line not visible at this time, a hedge against inflation & a scarcity of only 21 million with Microstrategy already owning more than 1.3 % of all Bitcoin and if the USA decides to sell their gold reserves to buy Bitcoin that’s another 5% gone forever.
      Watch all the power point presentations given by Michael Saylor . All the best .
  • Reglloyd
    11-21
    Reglloyd
    The SEC has approved the Spot Bitcoin ETF’s, this means we now have Regulations in place, this is key when looking at Bitcoin from an investment point of view.
    You only lose when you sell & if you’re patient and just hold the Bitcoin with its ups and downs , I do believe all those holding Bitcoin will indeed be rewarded.
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