The popularity of Bitcoin and crypto has been on the rise, especially during 2021 and the last year when humanity landed in one of the most stressful periods that our generation has seen.
The pandemic changed what we used to call normality, and normal life now involves only fear and uncertainty.
Michael Saylor addresses trading Bitcoin todayMicroStrategy’s Michael Saylor has been one of the strongest supporters of Bitcoin. His firm keeps accumulating the king coin for a while despite the massive price corrections and price volatility in the crypto market.
Check out his relevant tweet:
Trading #Bitcoin is like trading Apple, Amazon, Google, or Facebook a decade ago. The more you obsess over timing the market, the more mistakes you make. They were all technology networks that were dominant & destined to grow. The best strategy is to buy bitcoin and wait. https://t.co/D3XiQ2B71R
— Michael Saylor⚡️ (@saylor) October 12, 2021
Someone said: “If you are wealthy, yes. If you want to build wealth, trying to figure out how to time market shifts may help grow your portfolio to a level where it is indeed safer to just buy and hodl. Would you apply the same strategy with 20 k to your name ?”
He also addressed some more essential issues related to Bitcoin.
In “Bitcoin Seven Layers of Security #2” @Breedlove22 and I discuss how #Bitcoin is protected via finance, mining, space, & time. Why PoW is technically, ethically, & politically superior to PoS. The Blocksize War & perils of playing god in cyberspace.https://t.co/A9OmiwKXgU
— Michael Saylor⚡️ (@saylor) October 12, 2021
A follower posted this: “Substantive discussion. Again, #BTC is a dismantling of the current legacy system not a shift, ergo regulations for the new paradigm will be implemented by those who stand to lose/gain the most. That said, #BITCOIN is light years ahead of the current system.”
Regarding BTC’s price today, at the moment of writing this article, BTC is trading in the red and the king coin is priced at $54,845.95.
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