Nostr Web Client

What I'm watching... 👀

A major upside breakout underway for #MSTR or nah?

Either way, I'm here for it. 🍿

(Note: As a leveraged bitcoin proxy, MSTR tends to slightly front-run bitcoin itself.)

Onward.

MSTX or bust?

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That’s a lot of leverage on a highly volatile underlying asset

Correct

2x MSTR

Which already moves about 3x BTC

So ~6x BTC 😅

The nice part unlike a 6x futures is there is no liquidation price.

You can still lose all your money if MSTR draws down 50% in a day. Highly unlikely, but not impossible.

This is definitely not a low risk trade haha

You definitely need to have the right time horizon and entry point for any leveraged MSTR position.

Good for momentum trading if you know what you’re doing.

Yes timing is everything on this trade

Just checked, you can even buy options on that. Lord help us all.

😳

Maybe once the MNAV increases. Right now MSTR is trading around 2X IBIT

Yea it varies in the run up in q4 2024 it was more

MSTR is like 2020 Bitcoin and

MSTU and MSTX are like 2017 Bitcoin

The good thing about holding them is that it makes bitcoin feel like the S&P500

True

👀