The window to accumulate Bitcoin is closing, according to Samson Mow
In the world of cryptocurrencies, the opinions of influential leaders like Samson Mow and Michael Saylor often spark intense debates and reflections.
Recently, Mow posted on his X account (formerly known as Twitter) a message that caught the attention of Bitcoin enthusiasts. In his post, he stated that 'Saylor is heavily using the ATM because he knows the window to accumulate Bitcoin is closing quickly.'
This comment not only reinforces the urgency to invest in Bitcoin but also underscores a key concept for cryptocurrency investors, that of 'lowering your time preference.'
What does it mean to lower your time preference?
The term 'time preference' refers to the time horizon that someone is willing to wait to obtain benefits. In practice, a lower time preference means prioritizing savings and long-term investments over immediate rewards. Within the philosophy of Bitcoin, this translates to accumulating and holding the digital currency with the expectation that its value will increase significantly in the future.
Samson Mow, a prominent advocate of this cryptocurrency, emphasized this point in his message, hinting that for those who believe in Bitcoin's long-term potential, this could be a critical moment to accumulate before the most favorable opportunities run out.
Michael Saylor and his relentless bet on Bitcoin
Michael Saylor, executive chairman of MicroStrategy, remains one of the largest institutional advocates of Bitcoin. Since 2020, his company has made the cryptocurrency a cornerstone of its financial strategy, accumulating more than 430,000 BTC.