What Should We Learn From Billionaires Investments Approach?

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MichaelSaylorMicroStrategyBitcoinBTC.jpg

MicroStrategy has purchased an additional 1,914 bitcoins for ~$94.2 million in cash at an average price of ~$49,229 per #bitcoin. As of 12/29/21 we #hodl ~124,391 bitcoins acquired for ~$3.75 billion at an average price of ~$30,159 per bitcoin.

Looking through the conversations on his tweets, some people tend to be hinting at a lower bitcoin price from here, thus asking if Michael Saylor wants to go bankrupt. I think this is a very flawed point of view, firstly, there's actually no logical reason to believe that will happen, just as there's no logical reason to predict his potential gains from here. This is all speculation and purely self centered.

The recent crash in Bitcoin Price wasn't exactly expected, but as the independent markets may have it, certain price trends are observed at different times, solely reliant on individual trade decisions. When things of this nature occur, it's always a huge opportunity for accumulation, something which is often carried out by whale addresses. Very few retail traders hop into the market when it's at such price zones. The world of investment vestly belongs to the determined, the reason riches is made in most cases is because taking risks

Maybe if most of the averages, always throwing concerns of volatility or probably digging out FUDs, tries to close up that gap between risking it and fearing it, we would likely see a world of increased numbers of wealthy people. I feel like it's a very simple thing, go crazy, buy what everyone else deems risky. Life has always been a gamble, but for some reason, many try to play safe when that only takes them to little places.

It's not necessarily always about the investment or what people have to say about it, it's often about what you feel about it, the impact you virtualize it should make, that's what should keep you going, and that's what I see these billionaires doing. Name one billionaire who has ever invested in an asset, then hopped out fearfully, maybe due to public talks that's been happy about the latter end? The chances are slim!

Risk takers don't look at temporal outcomes, but long term possibilities. When drawing an investment plan, one doesn't necessarily have to be sure if it's gonna work, he just has to believe it's worth the trail, thus his time and money.

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11 comments
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I am not particularly excited about MicroStrategy acquiring that much Bitcoin because it centralizes the distribution of BTC.

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Honestly, the most important lesson from the billionaires is to not be all over the place. Look at the Bloomberg Billionaire Index and go through the names of the top 50. For the most part, a company comes to mind when seeing them.

For example:

Musk
Bezos
Ellison
Buffett
Zuckerberg
Gates

We know how they made their money. It was not from a thousand different places but one consistent focus area.

This is the biggest takeaway for me. With Saylor, if he is right about Bitcoin, he will profit enormously. That is the point of being "all in".

That is the lesson for the rest of us.

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I think sometimes, greed makes one what to spread too largely?

I can still recall a post from a Hiver some time back trying to explain how diversification sometimes means taking money from gold and placing it on shits, that really hit hard...

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Perfect Advice!
Although I do not have much Bitcoin..
I did buy at 18,000.00+!
Ride it out I say as well, it's only the rich trying to
shake off the poor!

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It seems they do it so well, that's how some get to learn their lessons late...

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Yes if You watch it is so, so sad - and there is nothing you can do, "the game is theirs and you choose to play".
I tell people almost daily, look..
If I have a say, 500 million dollars...
And I buy 100 million in Bitcoin (or any coin) - the market goes up,
Then I sell it the market goes down..
They do this all day...
As a poor person you can only "hope" you read the rich correctly, which can be more difficult than it seems...
"They have more time"...
Thanks bunches and have an Awesome last day of 2021!

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I love your articles. Just wanted to say that. Have a great New Years celebration if that's something you celebrate.

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Thanks a lot. Yes, that is something we celebrate here, will be heading for service later on the day for the celebration into the new year, meaning I'll be up all night, hehe.

Happy New Year in advance...

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Thanks! I have to tell you that your getting up there for me with the likes of taskmaster. It's a new experience each article and something new to learn each time.

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Thanks a lot, it means a lot to know I bring that much value to the table...

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