Replying to Avatar DRE

Since MSTY has been in the market, it would have been a much better play to use MSTY than selling off Bitcoin.

It’s been a while since I ran the numbers, but I believe if you had sold an amount of Bitcoin equal to the MSTY distributions each month (to leave on), you would have run out of Bitcoin in like 10 months.

Bitwise launched an MSTY competitor, IMST, led by Jeff Park, a week ago. I highly recommend listening to the latest episode of MSTR True North, where Jeff was a guest and talked about these types of products.
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Deleted Account 8mo ago

So instead of selling a portion of your bitcoin to live off of each month for instance, you would instead sell off a larger portion, put that larger sum into MSTY, and live off of the MSTY distributions indefinitely? Is that how it would work or am I missing something

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DRE 8mo ago

More or less

If you run the numbers since MSTY came out you can see the drastic difference.

If you had bought MSTY when it came out and you had bought bitcoin with the distributions you would have recovered your opportunity cost in bitcoin terms within a year I believe. I’m not saying MSTY and similar products will have amazing dividends in perpetuity, but they are most certainly worth taking a look if you’re selling bitcoin to pay for stuff.