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Michael Saylor 130,000 Bitcoin Liquidation | Crypto is DEAD
We Are Watching The CrASH of BTC and Crypto.. It's only just started.. Add me on insta @thisisjohnwilliams
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Michael Saylor, Founder of Microstrategies owns over 129,000 bitcoin. He focuses solely on BTC and stays away from Luna, Dogecoin, Solana, Litecoin and other small cap altcoins. He started his buying below $10,000 per bitcoin and began accumulating more and more on margin all the way up past $44,000 per coin.
If Bitcoin falls below $21,000 he will be margin called and it will be the margin call from hell. He will have to sell off bitcoin to make good on his loans.
Michael Taylor is not alone in this, there are millions of investors who have purchased cryptocurrency through debt or thought margin loans. This is a very unfortunate situation as many of these crypto investors will be wiped out and they will not only lose all of their investment into cryptocurrencies they will also owe money.
I believe we will see a very big pull back in crypto investing and I believe that altcoins will likely see a lot of pull back and we will see the overall market sentiment change in the cryptocurrency space.
I believe that investors will begin investing in things that they themselves understand that are not as volatile and that offer a large moat of safety.
As we step into an inflationary environment we will see more and more investors seek safety over returns or their return on capital.
This is a great opportunity for crypto investors and for all investors to study, learn and get ready because there will be projects or opportunities that become available down the road that will be worth investing in.
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