i’m still remaining bullish on MSTE no matter although bitcoin is having a slight pullback and i’ve been debating on locking profits before it dips to a lower price but at the same time the US government is pumping funds into bitcoin and bitcoin etfs are saying heavy inflows. what do you guys think let me know your opinions
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55 Comments
RJ Fire@rj_fire · 29dEdited
I own $MSTE because I have conviction in $BTC/ $MSTR combo and believe that in a long run it will produce great returns + dividends along the way. That said, it is definitely NOT for everyone. $BTC is very volatile, $MSTR adds some leverage on top amplifying swings (ups and downs)… and we have $MSTE with an additional leverage / cover call on top. Making this entire thing extremely volatile!! You may wish to make sure you understand this etf structure /strategy and above all you have to be really comfortable with extreme price oscillation - specifically when bitcoin is down as it has been for the last few months - with this last week being an exception… Some people “believe” that bitcoin should pick up pace again by October due to it is cycle, but nobody knows.
Silver BTC King@silverking · 29d
Why are ypu buying this crap for stock price? Buy the real thing
Lucas @lucas_hodl · 29dEdited
The downtrend has been broken. Bitcoin may come back down to "re-test" the downtrend-line somewhere around 60K USD before continuing its bull run. But it's definitely skyrocketing upwards in the near future
Zach Werner@zwerner · 29d
To each their own but i can guarentee that ull be kicking urself that u sold any once this gets back up to and beyond $16
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