Last night I stumbled upon Saylor's tweet, and it got me all hyped up.
$BTC Just broke below $62K, everyone’s panic selling, and he posted a holdings chart with a comment:
"A good time to add more dots."
This chart is referred to as the 'orange dot chart' in our circle; every time Saylor posts it, the next day there’s an 8-K filing confirming a new buy.
He's currently sitting on a paper loss of $11.7 billion, holding 843,706 BTC, with an average cost of $75,699.
He's down $11.7 billion and still shouting to add to the position.
If it were regular folks, they would've already panic sold and bailed.
But Saylor's logic is different from us retail traders.
Saylor said: selling 10 to 20 BTC will allow him to buy back 200. Net buys are the goal, not price.
He doesn’t care about short-term fluctuations; he cares about how much BTC will be worth in ten years.
Following this line of logic, I suddenly thought of two other things:
BNB. And Binance.
Why does Saylor’s logic also apply to $BNB ?
Saylor's reason for holding BTC:
Limited supply, constant halving.
Institutional acceptance is on the rise.
The platform (Strategy) keeps growing.
BNB has all three of these.
BNB is burned quarterly, with the target reduced from 200 million to 100 million—more direct than BTC halving.
Institutional recognition? Grayscale applied for an ETF, and Coinbase is joining the roadmap; this is happening this year.
What about the platform?
Binance has 280 million users, handling $125 trillion in trading volume, capturing 41% of the global spot market. Fox News
Saylor is betting on the Bitcoin network effect.
We're betting on the Binance network effect.
The logic is the same, yet BNB is still at $594.
$币安人生 : Why I’m bullish on BNB and the Binance life.
I dug into my Binance records:
I’ve earned some from Launchpool airdrops a few times.
I participated in the Alpha trading competition and made some gains.
HODLer airdrops, BNB regularly locks up automatically for rewards.
These gains are because I hold BNB.
Not holding BNB means all those gains are going to others.
Saylor is willing to ride out a $11.7 billion loss for long-term BTC holdings.
I hold BNB, and besides waiting for the price to pump, I can also snag airdrops, earn interest, and participate in new projects every day.
This is way more cost-effective than Saylor's strategy.
Is this position worth entering?
BTC: $61,739, testing the $60,420 support level, $60K is the final line of defense.
BNB: $594, down 56% from ATH of $1,369, but the ecosystem is still expanding.
Saylor said, 'It’s time to add to the position' at $62K.
I’m looking at BNB at $594 and wondering the same thing.
Not saying this is definitely the bottom, but:
Historically, every time there’s extreme fear (fear index at 23), it’s been a great opportunity looking back.
What smart money is doing is worth more than just looking at candlesticks.
I don’t know if it will pump, but Saylor is down $11.7 billion and isn’t flinching. What’s there to fear about buying BNB at $594?
