Today was Harvest's payday. I got paid $2,948.37 based on $0.1 /share distribution. After re investing my $MSTE distributions I now have 31,109 shares with an average cost price of $8.13 now. I have surpassed my original target of 30,000 shares. Next target is realistically 35,000 shares of MSTE hopefully by the end of this year depending on how the price of MSTE moves. For now my Capital Loss (on paper) is still negative $196,000 🙈. Thanks to @canadianinvestor he pointed out an error in my total return calculation. I have rectified it while responding to his comment, you can have a look at it below. Once the distributions are included my total return is -$150,200 This will recover eventually when $BTC /$MSTR recovers in 3 yrs times and reach new ATHs. I am patient and waiting for a great recovery. So far $MSTE has paid me $48,839 in distributions that have all been reinvested back into $MSTE You can see the numbers for proof in the attached screenshot. Pls do not follow what I am doing, you have been warned. I am just documenting my journey here and being transparent with proof. It's fun showing the winners but losses are also part of investing too. Invest wisely and stay blessed. Mitigate risk according to your own risk tolerance. Congrats to all those who got paid today.
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133 Comments
Canadian Investor@canadianinvestor · 1mo
Just a point for people to understand: the $48,839 in distributions paid were reinvested 100% back into MSTE as per the poster, so the total return shown already includes those distributions this investment is down 77% the reason it doesn't match a total return calculator has to do with the entry price. Now if @monthlymint started doing updates like this because he pushes his distributions into other positions and spends some then he would have to add the distributions back in to show the total return.
Chistopher Travale@coachtrav · 1mo
72,529 and counting. Want to get to 100,000 shares
Eric Hendsbee@firenurse · 1moEdited
Someone out there bought 152k shares today lol
William @william_in_yyc · 1mo
I just started using $MSTE as my spare change jar.
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