Saylor's bitcoin buying strategy is wrong and people start to notice it.
"He always buys the top but never buys the dip".
"Buys the top, then does nothing".
I think WS is now always shorting into his buys, and successfully so lately, i might add.
His idea about bitcoin was generally correct, but the maniacal method in which he pursued it, much less correct or, maybe even incorrect altogether.
I think he is just buying. He doesn't care about the price, because he knows that in the (near) future it will be irrelevant.
You can call his method incorrect if you like, but I will say this: having started in Bitcoin in mid-2015, if I had applied his method in my own buying strategy over the years (i.e., buying right there and then, instead of waiting to "buy the dip"), I would now have roughly around 5x more Bitcoin than I currently have. That's 5 times more corn. This is a rough, but real calculation that I did just now. It's not guesswork.
I think he knows what he's doing.
I think it isn’t that Saylor buys the tops and not the bottoms. I think it is that his buying causes the tops and then the death spiral machine he built lowers the price back to where there is demand.