【What would Strategy do if BTC drops to 60,000?】
Let me start with something—Strategy bought more BTC again, 143 million, 1,665 BTC. This doesn’t surprise me at all. What surprises me is that many people are still treating it like a “value-buying” signal.
Let me ask one question: Did you buy BTC following Strategy, or did you decide to buy only after seeing it buy?
These two things are fundamentally different. Strategy has ongoing fiat inflows and an arbitrage model based on preferred-share buybacks. It can keep buying at any price level. But what about you? How many “bullets” do you have? Can you withstand how big of a pullback?
Now the market sentiment—FNG—is at 74, in the greed zone. It looks optimistic, right? But BTC is still 34% away from its prior high, and there are plenty of people whose altcoins have fallen even worse. In times like this, the most dangerous thing is when it doesn’t look like you’ve dropped much on paper, but in reality the “air” is all in the altcoins.
Strategy’s business logic is simple: issue preferred shares to get “bullets,” use the bullets to buy BTC. As BTC’s price rises, preferred shares command a higher premium, and the cycle continues. It doesn’t fear a drop—it fears the price not rising enough.
But you? If you follow this logic, how many rounds can you last?
I’m not saying Strategy is wrong. I’m saying—you need to be clear which side of the poker table you’re on. Institutions have plenty of time to spend. What’s most valuable about retail investors is also time—but the prerequisite is that you can’t go down before dawn.
Right now, market sentiment is heavy with waiting and trading volumes are low. In plain terms, it’s just waiting for direction. When things are like this, instead of guessing tops and bottoms, you should think—if it really drops to 60,000, do you have a Plan B?
In this round, are you brave enough to chase it? Or are you all waiting to board at an even lower level?
Let me start with something—Strategy bought more BTC again, 143 million, 1,665 BTC. This doesn’t surprise me at all. What surprises me is that many people are still treating it like a “value-buying” signal.
Let me ask one question: Did you buy BTC following Strategy, or did you decide to buy only after seeing it buy?
These two things are fundamentally different. Strategy has ongoing fiat inflows and an arbitrage model based on preferred-share buybacks. It can keep buying at any price level. But what about you? How many “bullets” do you have? Can you withstand how big of a pullback?
Now the market sentiment—FNG—is at 74, in the greed zone. It looks optimistic, right? But BTC is still 34% away from its prior high, and there are plenty of people whose altcoins have fallen even worse. In times like this, the most dangerous thing is when it doesn’t look like you’ve dropped much on paper, but in reality the “air” is all in the altcoins.
Strategy’s business logic is simple: issue preferred shares to get “bullets,” use the bullets to buy BTC. As BTC’s price rises, preferred shares command a higher premium, and the cycle continues. It doesn’t fear a drop—it fears the price not rising enough.
But you? If you follow this logic, how many rounds can you last?
I’m not saying Strategy is wrong. I’m saying—you need to be clear which side of the poker table you’re on. Institutions have plenty of time to spend. What’s most valuable about retail investors is also time—but the prerequisite is that you can’t go down before dawn.
Right now, market sentiment is heavy with waiting and trading volumes are low. In plain terms, it’s just waiting for direction. When things are like this, instead of guessing tops and bottoms, you should think—if it really drops to 60,000, do you have a Plan B?
In this round, are you brave enough to chase it? Or are you all waiting to board at an even lower level?