Bitcoin up
MSTR down
MSTR upside is all gone nothing but downside risk left.
Discussion
i am still holding a little mstr
it will go up at some point again
Maybe I’m not so confident
larger amounts would give me trouble
i just wonder if i should buy more here
or is it a dead trade?
In my opinion it is a dead trade maybe the beginning of a new bull cycle will revive it but I think Saylor should have used the bull market to build a profitable software business and maybe acquire some other profitable businesses that could help pay all these dividends he is promising with all these credit products, while MSTR was in strength to build more of a moat. Went too hard on the leverage works good in a bull market but not so good when tied goes out.
who would've thought that not actually producing anything of value for people would turn out poorly?
He could have built something of value but went too hard on leverage now he must pay the piper or more accurately the shareholders will pay.
180 seems a good entry point
Maybe the problem I see is that if bitcoin breaks downward then their is no good entry in MSTR if bitcoin recovers and continues a bull maybe but that’s a big maybe. On the downside MSTR is about a 2-4x on the upside it at best a 1x.
sell call options on it
about 0.3 delta
get paid 2% every week
in the unlikely event you get called
sell puts
Bro bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, bro, MSTR is gonna make me so fucking rich
Buy low sell high
Sure if it goes high again if it keeps going lower you can’t sell high