Replying to Avatar DRE

I’m telling you. Once the implied volatility of MSTR ramps up, I can see the dividends going back up to $3/share and higher.

Their average distribution is ~$2.42/share, so if you want to average $3k/month you need 1,240 shares worth $24.6k rn
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El Zeta 9mo ago

Bro, heck yeah. I could put 1/2 a coin and let it make me an income 🔥

Is there any downsides to it?

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DRE 9mo ago

Exactly

From the point of view of needing income, the most obvious downside or caveat is that the fund relies on MSTR being a volatile asset and them growing. But if you’re bullish on Bitcoin, then it’s easy to be bullish on MSTR and MSTY/IMST by extension.

The biggest downside is that it will likely underperform MSTR. This matters if you are looking at this as a long-term investment, but if you use this product for income (as intended), then the trade-off is worth it.