As a seasoned crypto investor who’s been through the rollercoaster ride of the digital currency market, I can wholeheartedly agree with Michael Saylor’s recent tweet. The regret of not buying more Bitcoin is a sentiment I fear many of us might share in the future if we don’t act now.
In a recent tweet, Michael Saylor, chairman of MicroStrategy, pointed out what he thinks could be a significant remorse for crypto owners down the line: “You’ll wish you had purchased more Bitcoin.” He cautioned crypto holders about the potential regret they might experience if they do not seize the opportunity in the present.
Saylor’s tweet echoed across the Bitcoin and wider cryptocurrency community, as many expressed similar views. Essentially, his statement appeared to serve as a caution to crypto investors: those who delayed purchasing or adding to their holdings might later regret not acting quicker.
You are going to wish you had bought more #Bitcoin.
— Michael Saylor⚡️ (@saylor) October 18, 2024
This sentiment is consistent with Saylor’s long-held belief in Bitcoin’s potential as a store of value and a hedge against inflation. His latest statement also underscores his unwavering confidence in Bitcoin’s long-term prospects.
Currently, at the moment of this writing, Bitcoin (BTC) has increased by 1.22% over the past 24 hours to reach a price of $67,803. Over the last week, it has risen by 10.50%. However, it’s currently 8.07% lower than its all-time high of nearly $74,000 which it reached in March.
Saylor’s belief in Bitcoin
With Saylor at the helm, MicroStrategy had accumulated a total of 252,220 Bitcoins by September 20, 2024. The company started buying this digital currency back in 2020 as a means to protect itself from potential inflation.
Saylor is estimated to own about $1 billion in Bitcoin; about four years ago, the executive chairman of the largest public corporate holder of Bitcoin revealed in a tweet that he possessed 17,732 Bitcoin and had not sold any of the digital tokens.
MicroStrategy’s shares have experienced an impressive growth of around 1,000%, following the company’s entry into Bitcoin buying. The price of these shares remains on an upward trajectory, with the value of their Bitcoin holdings recently reaching a three-year peak. Since MicroStrategy started acquiring Bitcoin, the cryptocurrency has skyrocketed by over 500%.
Read More
- POWR PREDICTION. POWR cryptocurrency
- XRP PREDICTION. XRP cryptocurrency
- FIS PREDICTION. FIS cryptocurrency
- EUR ARS PREDICTION
- EUR VND PREDICTION
- ULTIMA PREDICTION. ULTIMA cryptocurrency
- EUR CAD PREDICTION
- LUNC PREDICTION. LUNC cryptocurrency
- Pokemon Fan’s Wife Finds Perfect Use for Their Old Cartridges
- Gigabyte Unveils The Gigabyte RX 7800 XT
2024-10-20 17:51