in

‘Bitcoin Is Chess,’ Michael Saylor Says as BTC Price Rebounds

The post characteristically depicts Saylor staring intently at a chessboard, focusing on the “white pieces—king, queen, and knight.” The white pieces were surrounded by many black pieces.

“Bitcoin is Chess, not Checkers,” Saylor captioned the X post.

The caption chosen likely suggests that trading in the world of Bitcoin requires long-term strategic planning, just like a game of chess. Notably, in chess, every move impacts future outcomes, and as such, a player needs foresight to win.

As in the game of Saylor’s post on X, a good player could still snatch a win despite being outnumbered by black pieces.

Saylor might be hinting that Bitcoin is unlike checkers, which has fewer variables and less intricate planning and where short-term tactics can win games.

As reported by U.Today, the MicroStrategy chairman recently shared a “Bitcoin to moon” post on X. The post came after Bitcoin surged past the $68,000 mark, buoyed by bullish market sentiment.

In a related development, Saylor also provided insight into succeeding in the cryptocurrency space by trading Bitcoin. According to him, “If you want to win, you need a Bitcoin strategy.”

Thus, his recent chessboard post might further clarify the earlier strategy shared with followers.

This article was originally published on U.Today


Source: Cryptocurrency - investing.com

Bitcoin to Hit New All-Time Highs in 2024? Market Survey Says Yes

Meme Coins (DOGE, SHIB) to Hit $1 Triillion Market Cap This Cycle: Jeremie Davinci