Michael Saylor’s commitment to Bitcoin has been unwavering and admirable. In 2020, Microstrategy bought 158,400 bitcoin at an average price of $29,609. Since then, the price of bitcoin has risen to $40532, according to nayibtracker.com.
Michael Saylor has dedicated countless hours to researching Bitcoin, something few others have done. His conviction in Bitcoin has only grown more bullish over time. He’s challenged the Bitcoin standard for many scenarios and has continued to buy, even when the price is high. He plans to keep buying no matter what, which is why DCA (Dollar Cost Averaging) works.
Saylor’s commitment to Bitcoin has paid off for those who have followed in his footsteps. Many investors have seen their MicroStrategy stock outperform other stocks. His long-term vision and patience is paying off and it isn’t hard to imagine a future where MicroStrategy might overtake Apple solely due to Bitcoin.
With the rise in the price of Bitcoin, it’s clear that Michael J. Saylor is making the right moves. His commitment to the cryptocurrency and his determination to accumulate BTC no matter what shows that he has diamond hands and balls of steel. History will likely remember him well for his dedication to his convictions.
For those who have followed Saylor’s lead, the future is looking bright. Investing in MicroStrategy as part of one’s retirement portfolio is proving to be a wise decision, as it has outperformed other stocks.
It’s clear that patience is key when it comes to investing in Bitcoin and holding it. When one understands the ‘why’ behind Bitcoin, it’s easy to see why it’s a worthwhile investment. As the price of Bitcoin continues to rise, those who are holding it can look forward to a multiplier effect.
With Michael Saylor at the helm, it looks like Bitcoin is going up forever. Those who have followed his lead are already reaping the rewards, and it won’t be long until El Salvador is in the green as well.