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On the Cointelegraph YouTube channel, a thought-provoking discussion has ignited under the latest video, “What was Michael Saylor’s Mistake?”
The video assesses Saylor’s past investment decisions, delving into the intricacies of his journey through the crypto realm. It presents an essay-style reflection of whether the renowned figure’s actions constitute missteps or calculated maneuvers.&nbsp;
<h2 data-ct-non-breakable="true" id="where-saylor-goes-wrong">Where Saylor goes wrong</h2>
The video calls his strategy for acquiring Bitcoin (<a href="https://cointelegraph.com/bitcoin-price">BTC</a>) one of his mistakes. It argues that Saylor frequently buys Bitcoin&nbsp;at its price peaks — a behavior often termed “FOMO,” or fear of missing out. One of the latest examples of this, according to the video, is <a href="https://cointelegraph.com/news/microstrategy-second-notes-offering-march-buy-more-bitcoin">the purchase of another 12,000 BTC</a> to add to MicroStrategy’s Bitcoin treasury reserve at a <a href="https://twitter.com/saylor/status/1767158870294605904" target="_blank" rel="noopener nofollow">price</a> of around $68,477.
Another mistake attributed to Saylor is his failure to diversify his portfolio, instead focusing solely on Bitcoin&nbsp;and overlooking other cryptocurrencies.<iframe width="100%" height="315" src="https://www.youtube.com/embed/pNC9FHf3tlo" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen data-ct-non-breakable="true"></iframe>
While some users endorsed the criticism of Saylor’s approach to buying at Bitcoin price peaks, others staunchly defended him, claiming that “anybody criticizing Saylor right now knows nothing.”&nbsp;
Related: <a href="https://cointelegraph.com/news/fact-check-the-myths-surrounding-bitcoin-etfs">Fact check: The myths surrounding Bitcoin ETFs</a>
<h2 data-ct-non-breakable="true" id="skeptica-perspectives">Skeptica perspectives&nbsp;</h2>
Amid the discourse, additional suspicions began to swirl, with some users suggesting ulterior motives behind the video’s production. “Did the whale that is stuck in its massive short on MicroStrategy pay to have this video made?” one skeptic pondered.
Others began to parallel Saylor’s actions with the average investor in the crypto space, saying: “He buys like all of us, as price goes up he FOMO’s in, when price tanks… he doesn’t buy.”
The debate took a humorous turn as another user likened critiquing Saylor to questioning Lionel Messi’s goal-scoring prowess: “Next video: ‘Could Lionel Messi have scored more goals?’”
Despite the varied responses and comments, the video prompts viewers to consider the complexities of Saylor’s journey and the broader implications for cryptocurrency investment. 
Join the discussion in the comments section as perspectives clash over <a href="https://www.youtube.com/watch?v=pNC9FHf3tlo" target="_blank" rel="noopener nofollow">Saylor’s perceived missteps or strategic maneuvers</a>.
Magazine: <a href="https://cointelegraph.com/magazine/crypto-inevitable-all-in-meet-vance-spencer/">‘Crypto is inevitable’ so we went ‘all in’: Meet Vance Spencer, permabull</a>

What was Michael Saylor’s mistake?

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