Michael Saylor continues to make frequent statements and offer advice to major companies about buying Bitcoin. He is now hinting at purchasing more.

However, an important rule for every trader and investor is this: Each investor’s goals and risk tolerance vary depending on the asset being invested in.

So just because Michael Saylor makes public recommendations to buy doesn’t mean we should blindly follow him — you must be willing to take on the same level of risk if you do.

In my opinion, he is greatly overdoing it by making repeated purchases within short time intervals.