MSTR

SpectaularMediocracy

Don’t suppose you’d consider adopting me? That’s one lucky lady. Mine have MSTR in their ISAs and a modest Bitcoin allocation so an exciting future for these kids:)

harvested

Hey buttcoin 🖕 No one is forced to buy bitcoin or MSTR. Volatility is our problem not yours. BTW why isn't this price moving.

BuyOwn2778

Keep 550 in stocks but switch all to MSTR Keep 50k in cash because you need a security blanket The rest in BTC cold wallet Come back and thank me in 10 years

Sideways_X1

I know you said ETF, but if you have more than 20 years before 65, I would go MSTR.

ShoulderSeason

Listen to this podcast episode for a “down the rabbit hole” discussion about the nutty investing thesis on where this is headed for MSTR: https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000650550348

eyedude2898

One interesting component of this that I wasn't aware of until yesterday - volatility of the Bitcoin price is actually a net positive for MSTR because it causes there to be a ton of futures trading action on the stock. Traders need volatility (in any direction) to make money, so this is a feature, not a bug, of MSTR. When Saylor explained this I was blown away.

SmoothGoing

Not entirely his company. Shareholder owned company. He also works there and is a large shareholder too. Company buying more and more btc isn't that special. That's just a routine thing it must do now. What is special was the company deciding to use bitcoin as its main store of value asset basically. Mike made his big announcement and starting buying up btc, and then started going around very loudly and publicly pumping it. He was on every youtube, tv, podcast, random interview, you name it. Everywhere. His pumping generated buzz and interest and other corps dipped toes in, running up the price to $60K+ in 2021. Yeah I said, I blame Mike for that one. Stock went wild. Shareholders got rich. Everyone was happy. >like how is he able to issue so much money out at an almost 0% interest rate? He does not issue any money. There is no cheat code. Whoever lends cash to MSTR at low rates is being seemingly irrational. They could just buy tbills and get better returns. MSTR doing its bitcoin thing ethical? Yes, sure. Is it safe? Not really, no. Overleveraged to the extreme.

CUbuffGuy

I’ve been burned on miners and things like MSTR in the past; they just don’t always behave in sync with BTC. It’s nice to trade options that are at least more correlated with BTC as the direct underlying

Usual-Restaurant-675

Saylor issues convertible stock options and corporate bonds in exchange for fiat from investors. He then takes the fiat and buys bitcoin, adding it to the corporate balance sheet. The investors get interest on their loans. However Saylor has stated that the interest is extremely low and unsecured with no call options. This is important, because it allows Microstrategy to pay the bare minimum in bear markets to investors to avoid default and investors cannot demand payment. As an investor it's a win because you get interest on fiat and the option to convert to stocks down the line getting the spot value increase in btc. As a shareholder of MSTR its a win because you get exposure to more bitcoin as the company grows, essentially for free (of course this depends on the premium when you buy in which is hotly debated right now). It's an 'infinite money glitch' because you take fiat and convert it into btc, making the btc more valuable which makes your stock price go up. You then sell some of the stock to buy more btc, attract more fiat and it goes on and on. This will work well when bitcoin is going up. But how will it work when btc goes down? Well that hot premium at least will get fucked and the shareholders will be stuck with btc + debt. The question then is whether MSTR will be able to handle the debt to avoid selling btc in time for another bull market. My plan is to ride MSTR early on the way up and convert into spot btc to rode out the majority of the bull market once we get some explosive moves.

Ok_Adhesiveness_600

late reply back to you. I'm selling calls on MSTR now on margin. Have you noticed that the bids/sellers are all entirely fake, the same institutions. Easy to sell, but hard to buy back at a reasonable price.

ImmortanSteve

Buy BTC and short MSTR for a low risk pair trade.

Eastern_Abalone1406

Does owning BTC, MSTR and a January MSTR call count as 3 baskets?

LordBobTheWhale

Interesting. So I firmly believe BTC will only grow in price on the long term, but does this pose a short term risk for a bear market with MSTR & BTC? That being said, we just got through one and it turned out fine so...

x0r99

True, but not in the way you’re thinking. The primary reason MSTR share issuances are not dilutive is only because the stock is already “overvalued”—reflecting a premium to the their underlying BTC holdings. With MSTR, you pay $1 for $0.50 of Bitcoin. So if they can find new equity holders to issue shares to, they can buy $1.00 of BTC. Now MSTR shareholders might get $0.51 of BTC for every dollar invested, and they celebrate “this is accretive” This math generally has a ceiling of $1 MSTR =$1 BTC TLDR: no infinite money glitch 🤡

monkeydoodle64

What could go wrong? MSTR could end up being the next FTX.

Not_Ricoo_Suavee

Some lunatics might even have two baskets: one for BTC and one for $MSTR (looking myself in the mirror)

mehoratty

Appreciate the response but that’s not me. I’ve held for years no problem. I guess I am just curious, in the retirement, etfs etc how to best position myself for long term. Clearly just holding spot etfs is what it is (and what I am doing) but it’s hard not to look at MSTR and wonder if one should allocate a portion to that as well for long term btc exposure.

idnafix

Issuing shares to purchase BTC does make sense for stock owners as long as the stock price is higher than the owned value of BTC/stock. This way, the more 'over valued' MSTR is, the better the business model does work.

so-many-roads

Excellent interview. Great to see Saylor go deep, as opposed to the 3 minute chats on CNBC. It answered my questions on the convertible debt strategy, driving equity dilution. His theory is that because BTC returns are greater than the cost of capital, equity issuance is accretive. One question you didn't ask - is the current equity premium of Microstrategy above BTC warranted? Also very interesting to see how MSTR's strategy has evolved over the past four years. Thank you for sharing this conversation. Also gracious of Saylor to take to the time to talk during his travels.

viewmodeonly

8k into Bitcoin. 2k into MSTR.

viewmodeonly

$MSTR

DogoByte

You just missed a minor detail. The ETF are buying $ [millions ](https://farside.co.uk/?p=997)worth of btc every day. The new supply (inflation) just got halved. More ETF parties are coming on the market, and this effect will be continuous for years and year to come. The capital just from them will keep flowing in. Aside from other parties like businesses getting inspired by MSTR's succes story and are investing in bitcoin. Talks about countries and banks buying and possibly even competing for bitcoin... So my opinion is the total opposite of yours. A dip was expected around halving time, I am not saying this will absolutely not happen (nobody knows of course, things like israel-iran happen) but I am saying bitcoin will explode soon as it seems there is far more demand than supply. It seems so obvious to me that it is going to explode that it feels unreal. It feels like a once in a lifetime opportunity. But if it does happen to crash... Bring it on, as I am always looking to increase my stack. You know the saying... 1 btc = 1 btc. Realistically with all the capital flowing in, the whales will have an ever smaller share of the market (25% controlled by 10 whales seems totally rediculous to me). But even if they manage to crash the price 20% that is fine with me, it means they sold a fuck load and others will buy those coins cheap and the whales won't be buying all of them back, diminishing their position and influence even further.

Fun-Air-4314

37, own home outright, 30% China stocks, 30% S&P500, 35% MSTR, 5% BTC. I'll slowly shift from MSTR to BTC, but may take some time due to banks constantly questioning why I'm sending money to an exchange.

jimmajamma2

Also, it might be that the recent decoupling coincided with what was suggested was a 90 day moratorium on Registered Investment Advisors being able to buy the ETFs. [https://www.nasdaq.com/articles/bitcoin-etf-first-month-is-in-the-books:-how-it-went-and-what-comes-next](https://www.nasdaq.com/articles/bitcoin-etf-first-month-is-in-the-books:-how-it-went-and-what-comes-next) "This period of observance would normally mean 90 trading days to pass from the launch of a novel product like a bitcoin ETF, as well as various volume threshold and AUM criteria, amounting to about six months of lag time." So around mid April what might explain the exaggerated downtrend for MSTR is people moving money from MSTR to the ETFs based on the advice of RIAs. Just a theory. Also, a hedgefund noticed the extra premium at the end of March and publicly announced they were shorting MSTR. That could be a factor too. [https://www.coindesk.com/markets/2024/03/28/microstrategy-trades-at-an-unjustifiable-premium-to-bitcoin-kerrisdale-capital/](https://www.coindesk.com/markets/2024/03/28/microstrategy-trades-at-an-unjustifiable-premium-to-bitcoin-kerrisdale-capital/) Good luck!

analogOnly

Both. I have a managed IRA and a brokerage IRA (which I plan to convert to ROTH) In my Brokerage IRA I have FBTC. In my managed IRA I have MSTR. This was done this way because the institution the manages my IRAs is not allowed to manage a Spot Bitcoin ETF, so I opened the brokerage one. Anyway I'm about 2/3rd in FBTC and 1/3 in MSTR.

Churn

Agree with people saying BTC, except Microstrategy (MSTR) instead. You put it all into BTC and the amount of BTC is fixed. Invest it in MSTR and they keep increasing the amount of BTC per share.

Hfksnfgitndskfjridnf

Double spend is not the profit vector silly. It’s crashing the Bitcoin price that’s the profit vector. Buy some MSTR puts, short Bitcoin futures, whatever, and then denial service attack the chain and crash the price making huge profits. That’s what ultimately will happen, eventually it will be more profitable for miners to attack the network and crash the price than to continue protecting it.

analogOnly

No there's a liquidity issue. I have to find a buyer who is willing to take MSTR stock in exchange for something. That may be harder to find than a bitcoin buyer.

supraoptimal

Ask him what he thinks about what Michael Saylor is doing with MSTR.

skeetskeetamirite

About to be a 12-18mi bull run for MSTR/Microstrategy. DCAing and making Calls on Mstr and just further stacking sats from proceed :)

Remyleboo99

I’m thinking MSTR are doing something!

Remyleboo99

Support above 63. Ended green on the day and It didn’t dump with the stock market. Even MSTR dumped.

Wolverine1850

Possible MSTR inclusion into S&P 500. Another big step to institutional legitimacy that will increase the likelihood of other companies trying to follow Saylor's strategy

Rude_Man_Who_Shushes

I hope life goes so well for me that I’ll never have to sell my bitcoin. Held for nearly 10 years. I will sell the shit out of my bitcoin related stocks and ETFs when the time comes and retire with generational wealth secured. Transferred half of my 401k in 2021 to GBTC and now sitting comfortably in IBIT, MSTR and various miners.

smilingbuddhauk

More companies doing what MSTR is doing. More, bigger, and more well known nation states putting it in their treasuries (because, let's be honest, nobody cares about El Salvador).

viewmodeonly

Satoshis and MSTR

RizzoStaxx

I have been solely investing in bitcoin the past year since I fell down rabbit hole. I have always kept my Big tech and SandP500 for safety. When I heard about ETFs I bought some FBTC and MSTR on margin. But I still save every paycheck in actual bitcoin. Hopefully throughout the next year or two I can DCA out of my big tech and ETFs to pay off the loan and be solely BTC sometime in 2026

RizzoStaxx

I do this it’s working so far… My BTC is my main stack right. But… I own a good bit of big tech and when I heard about ETFs I decided to buy some FBTC and MSTR on margin. My thought process is if I have to I can sell my big tech to cover the loan if I have to. Ideally BTC goes up a lot and I DCA out of my big tech stocks and hold my paper BTC for my fiat needs.

hstarbird11

The corporations that are buying up the bitcoins are mostly doing so for investors. Blackrock, Fidelity, and the like aren't just buying the bitcoins for themselves, they're creating ETFs with them such that (paper) BTC can be bought on the stock market. I own IBIT in my IRA. Blackrock bought that BTC and turned it into shares of an ETF that I can now hold in a tax privileged retirement account. Thus, I am the one who actually "owns" that BTC (this is highly simplified and paper BTC is NOT the same as holding your own coins/ keys in cold storage.) Other companies like Microstrategy don't necessarily have ETFs but are still publicly traded companies. Thus, people own the shares in the company and profit from MSTR's accumulation of BTC. No, I don't think BTC is going to fix the wealth gap. Nothing but a true revolution will do that, and people are too distracted by all the smoke and mirrors and screens to actually come together and do that (but please, by all means, I'd love to see humanity prove me wrong.) But as other people have said, that's not why it was created. Those of us who understand BTC and see what it means for saving and wealth preservation see it as a life raft. Buying BTC is planning for my future. It's the only real chance I have of retiring. Anyone who doesn't understand it can either choose to stay ignorant or learn about it and understand what absolute scarcity and hard money actually means. Have a wonderful day!

Grunblau

His handlers are short COIN, MSTR, and the miners.

murray_paul

> Apple’s cash doesn’t have the potential to go 10x or more in the next 10 years without any innovation, overhead, etc. Not does MSTR as a business, ignoring the value of its Bitcoin. Why does MSTR have the potential to go 10x compared to the same value of Bitcoin in an ETF? >By 2034 MSTR, if BTC hits 600k+ it would an astronomical btc reserve. Yes, but it is just money. There is no rational reason to think that X million dollars held by MSTR will grow 40% faster than X million dollars held by someone else. With the same money, you could buy 1.4 Bitcoin in an ETF, or 1 Bitcoin in MSTR.

ResponsibilitySea327

MSTR doesn't compete with Blackrock. BlackRock holds BTC under custodianship for it's customers. The risk/reward is very clear in their prospectus what they are offering ETF customers and their shareholders. MSTR is a software company that holds private ownership of BTC. That BTC belongs to the company and may or may not be fully reflected in their share price -- which is also affected by market sentiment and goodwill valuations. There are countless ways that BTC value can be extracted for the sole benefit of preferred MSTR stakeholders and at the expense of common shareholders. This was demonstrated last month. As a BTC holder I get the advantage of the Saylor pump and dump, but I don't hold MSTR and thus was not impacted by the dilution or insider selling of said company's stock. Money can be made buying and/or selling MSTR, but take it for what it is. It is not holding BTC for maximum value of it's common shareholders.

analogOnly

Yeah, but the company still holds A LOT of BTC, almost competes with BlackRock, that says a lot. His average buy was like 35k so MSTR is in the black.

Indels

Yes you are right! I am so glad El Salvador has it as legal tender. Even though now I do not believe is the time to use it unless you replace it. Yes MSTR is def controlled by them. Yeah I think they have realized it can't be stopped so it's the whole can't beat em' better join em'. But they did not join for the same reasons of course. We gotta realize these are smart and evil people. They won't just give up their power that easily.

Nondscript_Usr

Apple’s cash doesn’t have the potential to go 10x or more in the next 10 years without any innovation, overhead, etc. By 2034 MSTR, if BTC hits 600k+ it would an astronomical btc reserve. If BTC is 600k+ it’s probably a pretty important asset to the globe. Banks seem to be pretty profitable…I could see them doing some banking functions as one example. Companies are valued based on speculative advancements everyday. I think it’s naive to think if BTC hits 6 digits or even 7 and MSTR owns 1% of the supply that owning part of them is going to be no different than owning BTC. They’ve changed their charter to be a Bitcoin research company. I could see them investing in technologies that support its use and thus supporting higher prices. With that much money they could start their own country. It’s the speculative value that warrants the multiple.

viewmodeonly

They didn't say MSTR in the original comments I just read it as shares of Bitcoin. We are not in r/MSTR

SnowyFlam

Pretty much all MSTR insiders have been only selling shares, not buying.

viewmodeonly

Neither you or the person you responded to specifically said "MSTR". You said they said "shares" this could mean share of Bitcoin from the company.

viewmodeonly

I misread it I don't give a fuck about MSTR I thought the claim was he sold BTC

Rude_Man_Who_Shushes

MSTR is Microstrategy stock. You can buy through any brokerage. No self custody.

murray_paul

What would any other company do with $30B of money? Just having cash on hand doesn't make the company worth more than the value of that cash. What makes you think what MSTR will do with it is worth 40% more than what someone else would do with it? Apple have twice that much cash on hand, why not buy them?

Nondscript_Usr

What do you think MSTR will do with $30B of Bitcoin? Stare at the pile?

Norsedik

MSTR is the only thing that makes my stock portfolio interesting to look at every day.. It's either the biggest winner or biggest loser each day..

murray_paul

> Because it’s trading at a 1.4x multiple like I mentioned That is a bad thing. You are overpaying by 40%. > and has the potential to increase that multiple in the short term based on speculation and the long term based on the massive value of the company’s future state Why? That is what I don't understand. Why would MSTR continue to become more and more overvalued compared to the value of the Bitcoin it holds? Having a lot of money makes you worth that amount of money. Bitcoin doesn't intrinsically do anything to make the company grow in value more than the value of the Bitcoin itself.

Webbed_Bubble

Buys calls on MSTR and you really get a thrill

Rude_Man_Who_Shushes

Buy some MSTR. Every day is either a heart attack or euphoria. Like the good old days.

_reddit__referee_

I keep getting the reddit algo showing me the MSTR sub because I checked it out once. Feel bad for them. It's just an obviously bad trade. If people want to gamble on hype, okay no problem, it has meme coin traits that carry the value up above it's fair value, but some people genuinely believe it is a good leveraged position when it mathematically is not.

_reddit__referee_

I heard there were originally shorts on MSTR when the ETFs came out but the market stays irrational longer and they all got burned.

Nondscript_Usr

Because it’s trading at a 1.4x multiple like I mentioned and has the potential to increase that multiple in the short term based on speculation and the long term based on the massive value of the company’s future state. I’m saying the downside is it goes to a 1:1 btc value. So yeah if you buy today and it goes to a 1:1 value in the next month then you lose as compared to buying IBIT. But it’s still a nominal risk with the potential for a high reward. If someone bought it in 2023 as a way to gain btc exposure through a security because that’s all they wanted, then, sure, switch to IBIT. The share price of MSTR based on ONLY btc at $70k is still $1055. It’s estimated the non BTC portion of MSTR has a value of around $90 (ie their core business). So at 70k you’d imagine the share price would still be $1150~ at a 1:1 ratio. At the 1.4x multiple it’s $1600~ a share.

Starrkiing

Depending on the security feature they possess, anything can be hacked. Considering the way the world works, Bitcoin ETF’s (or MSTR) are due to be hacked within the next 3-5 years … if not by U.S. teens that won’t care about the consequences, definitely by foreign actors (most likely Russian). You’ll be surprised how negligent these large corporations could be. A large Health Insurance company was recently hacked with a simple Ransomware for something like $22M (Russians)

knowledgelover94

Hmm well it’s outperformed bitcoin’s price action. Sooo explain why we should pursue less money? I like MSTR because they keep acquiring bitcoin. If i can buy a company that can take out massive loans to buy bitcoin that I couldn’t do myself, I say that’s a good deal.

murray_paul

Why not just buy an ETF which trades at 1x of its BTC value. Overpaying made sense when MSTR was a way to get exposure to Bitcoin through the stock market that you couldn't do otherwise. Why would anyone do that now though?

9999999910

Yeesh someone really doesn’t want anyone buying MSTR. All these little echobros are kind of hilarious. Like, OK kind soul thank you for your PSA 😂

BrickSufficient6938

MSTR has other means of income. But yea pump of their stocks went x2 of their BTC holdings. I've shorted it from 1740 to 1640, should have hold that position a day longer and double it next day

Nondscript_Usr

If BTC does what we want it to MSTR will be one of the most valuable companies in the world. What will they do? They’ll like find some way to leverage that wealth. Become a bank maybe. Not sure. But that’s the bet. It’s trading at around 1.4x its BTC value. The worst case scenario is it ends up trading 1:1 with its BTC value. But if 1.4x increases to 1.7 or 2 or more of a multiple, then that’s nice return.

mutinomonem

We don't talk about buying MSTR and consider it bitcoin either and we shouldn't have to apologise for this.

Reach_Beyond

It’d be the best thing to short if you thought BTC was going to tank back down to $10k or below. MSTR goes brankrupt.

kovacsDG

You are not investing in BTC through MSTR, you are investing in a company which invest in BTC, with that being said, I bought MSTR when it was under 300 bucks the share about a year ago

weaponsmiths

MSTR is leveraged... in the wrong way. You're paying 2x as much as the underlying btc value for MSTR shares.

GrandmasGiantGaper

if you had half a brain you would realize that MSTR's market cap and stock price is priced in for BTC being over 120k source, q4 financials: https://www.microstrategy.com/press/microstrategy-announces-fourth-quarter-2023-financial-results-now-holds-190000-btc_02-06-2024 Mkt cap: 22.67B What goes up must come down. Corrections are due.

safehodl

If you want leverage, try calls on MSTR for now. Or just buy the stock since that can offer 2-6x leverage historically. But I'd keep >90% of your BTC exposure in self-custody if you hold a serious amount.

GrandmasGiantGaper

MSTR has 4b in assets and the company is valued at 5-6x that. As BTC has gone up, MSTR has gone up at a rate 3x more. It's going to be a bloodbath.

RestoreGrandDuchyLTU

Yes, because those actions increased MSTR stock price and Saylor sold shares of it quite recently.

Electrical_Shape5101

MSTR didnt even dip lol

heinzmoleman

2/3 BTC held directly and 1/3 MSTR stock (leveraged BTC play)

LT-compounders

Tell her you’re investing in high quality software companies. Then put 90% in MSTR and rest in IGV XLK VGT

safehodl

Just buy MSTR LEAPS if you want to leverage with money you can afford to lose. Still keep the majority in BTC cold storage of course.

No_Communication8613

MSTR would like a word

reallyO_o

Yeah, option contract on MSTR really got me in and the second top wiped me out.

JeremyLinForever

Don’t listen to someone, especially if their name is SBF… lol. I believe MSTR would be the only one that has BtC exposure and trades at higher volatility and exposure than BTC ETFs. I’m assuming UK doesn’t let you trade $BITX or $BITU? Those are 2x leverage Bitcoin futures ETFs.

__Shadowman__

Well MSTR, it was fun while it lasted

__Shadowman__

MSTR gonna hit so many circuit breakers Monday

Dangerous_Let7717

I've decided to HODL even during a potential bear and just buy more. I have a healthy portion of MSTR i plan to sell for BTC and life.

No_Communication8613

I just think crashes are going to be way more intense. At this point, we have seen dips because of MSTR-BTC spread trades. With all ETFs, MSTR, and may other ways to hedge crypto, we are going to see trends we have never seen before. You are right that if things just move as they have in the past 20k, it will be a distant memory. But we have a lot of institutional investors now. I think we see greater highs and greater lows.

Deep-Distribution779

🇨🇦 here while 95% of my BTC are in cold storage. 5% are in BTC ETF bcos they are in my RRSP (think 401k for 🇨🇦) the rest of my RRSP is MSTR.

Dr_SeanyFootball

Me too. I go FBTC and MSTR, how about you?

Main_Sergeant_40

MSTR has no chance of S&P. Maybe in 5 years but nothing soon

0x07AD

Those fiat loans have a due date. If the economy crashes, MicroStrategy won't be selling many business intelligence subscriptions. Regardless, the MSTR investors won't be receiving satoshis.

loghead84

Michael Saylor owns a company MSTR that is only a holder of bitcoin. HE is not selling HIS BTC, but he is SELLING BTC to the WORLD. He is a salesman promoting the product which his company revolves around. So take it with a grain of salt. That would be clever, not blindly listening to Michael Saylor. You should be doing your OWN research not listening to talking heads. I absolutely rotate and trim my positions. I will pair trade into faster horses and rotate big wins into safer investments, or losers if you will. And those losers are compounding hard, nor do I have to think about it or look at it all day. I have my BTC but I will ensure my wealth is preserved no matter what happens to BTC. You're not some genius for buying BTC and investing principles still apply.

ntnmendes

Nice. Pouring in some $MSTR is definitely something i’d do

Wolverine1850

Well of course I know him. He's me. And yes, in tax advantaged retirement accounts. Not through my employer (That's basically SPY). But in the accounts I manage, yes. And also MSTR.

Arrival117

I'm not confused. He has turned MSTR into etf-like vehicle to capitalize on bitcoin belivers. He's not buying. His company is. Then mstr stock is pumpimg (many ppl use it to buy crypto) and he is selling his stocks - massive amounts. If btc goes down he doesn't care, he's earned his money. If it will go to 0 - same thing. He is rich. And not from buying BTC ;). He is just issuing shares, buy btc, sell his shares, repeat.

celticthaiger

You must be confused… he’s buying all the time, but selling stock of MSTR. He’s turned his software company into a value absorbing black hole.

3337jess

It’s not just Saylor that made money off this. This allowed plebs like us to buy leveraged Bitcoin, which the average person wouldn’t be able to do. MSTR is a public vehicle which is open to anyone to invest in.

GoldVictory158

I like it! AI might be the greatest tool for unlocking widespread prosperity. Bitcoin helps, it doesn’t fix greed or create prosperity. It can be used to help disable the money printers though. MSTR has 1% of btc btw

RizzoStaxx

So bearish it’s almost laughable. What happens when MSTR get into the Sandip 500 and other companies are somewhat forced to adopt a bitcoin strategy. If that happens we could easily see half a mil.

RizzoStaxx

BITX I may have to get some too just to see how it fairs next to my others. I really like MSTR because it’s so easy to spot the pump and dump, but maybe I’ve just gotten lucky one too many time.

RizzoStaxx

Too risky to sell my stack. Yes bitcoin could double or triple before it drops in price. It could also 10x and if I sold at 3x man I would be heartbroken. I might get shit on for this but here’s what I do. I DCA every hour and every day on River. Then I put in cold storage every few weeks. I also buy and sell MSTR and FBTC and I try to make fiat profit. I do not let my emotions get the better of my DCA. The reason I do this is because I am committed to my BTC stack it is my generational wealth I don’t fuck with. However, I’ll use my clown money to play fiat games because I’m still a degenerate.

oh_soo_swagless

MSTR in S&P 500 will be insane - that coupled with halving and Hong Kong... I am prepared to get my face ripped off

Butanic1

For Vanguard this is true. I owned GBTC when it was a trust and then a few years ago they stopped allowing OTC trades which stopped my purchases. Worked out great though as I started buying MSTR and CLSK instead. Apparently Vanguard feels they know better then us. Screw that.