Nostr Web Client

Replying to Shoddy-Log

Depends. It's more risky than buying bitcoin, but it's better if you're bullish. MSTR is also a company, so some people might prefer it over bitcoin. I'm not sure exactly what they do, I think they sell servers or something. And I'm not sure how profitable they are, but I haven't heard anything bad about the company. Personally, I find leveraged ETFs to be too risky, but MSTR isn't exactly a leveraged ETF. It's safer than a leveraged ETF because it is an actual company.

Kyle 1y ago

I’m bullish but don’t have a ton of extra capital lying around to make additional moves. The extra money I have goes into Bitcoin. ETFs and MSTR just seem like paper Bitcoin to me. The difference is there’s a Bitcoiner behind MicroStrategy who’s done a lot for the Bitcoin space which inclines me to believe in MSTR.

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Discussion

Shoddy-Log 1y ago

I'm quite bearish, but MSTR is good if you're bullish. You're right, MSTR is essentially paper bitcoin, but it is also much better than a bitcoin ETF. Most people should just buy bitcoin, unless they are extremely bullish.

Kyle 1y ago

Thanks for the insight!

Hawk 1y ago

He's only a "Bitcoiner" insofar as he uses Bitcoin as a tool to accumulate USD.

Kyle 1y ago

To buy more Bitcoin though. He’s arguably the most bullish Bitcoiner there is.