/biz/ - Business & Finance

How the fuck is MSTR going up or at least hanging on while BTC shits the bed? has Saylor hacked the system? or is this shit about to get to $300 a pop?

I have my networth (600k) in MSTR hoping Saylor's premium manages to do a 3x during the next bull run. This would be enough to retire where im from (EU country).

Can someone that is familiar with Bitcoin proxies explain why is this a good/bad idea? As far as I know, he manages debt well, and even after ETF approvals, will continue to offer a premium. I need leverage, BTC itself is too fucking slow to get rich from anymore. Miners are too risky IMO. I think BTC would need to get to like 2k$ BTC for MSTR to get fully liquidated so should be ok.

After a lot of research this is the 3x gamble I feel most confident with.

1) Altcoins are retarded and illegal securities
2) Miners, like I said, probably more gains possible, but too risky
3) ETF spot, like I said, BTC price is too slow, you will never catch the top, I need some leverage
4) Options are retarded, I don't want to get liquidated, I want to hold something, so if the trade goes bad, at least I can baghold and hope for a comeback, and the underlying of MSTR is BTC, so I would be bagholding BTC basically

What the fuck else is to do? All other cool stocks are pumped as fuck. The risk may be that the FED fails on a soft landing as always and we enter into a recession while im bagholding. Or that Elizabeth Warren or AOC becomes president and bans Bitcoin mining or whatever the fuck. Other than that, seems like a reasonable gamble?

Of course the entry point is to be debated. Seems still too high. While MSTR premium plummeted, BTC could revisit lower prices after ETF hype, which means even lower MSTR prices. That's where I would go all in. There is no other way to get to 1 million at this point, and I want to escape 6 figure hellhole, it is very, very real.

Is anyone here acoomulating MSTR in order to not touch shitxchangers?

How much do you hold and what are your target prices?

Jokes on you, I buy MSTR.

Daily reminder that Michael Saylor will be the equivalent of Elon Musk owning most of the EV charging spots in Bitcoin due having the biggest stack capable of serving the most LN channels.

You just know.

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