Replying to Avatar Telluride

Yes but MSTU is 2x vs 1.75x and has a lower expense ratio. (1.28% vs1.05%)

Hold on to your pants with this one. Extreme Volatility means:

Do not use margin.

Do not forget to set multiple stops (trailing stop)

Pay attention to your NAV decay.

Recommendation:

Day trade and do not hold overnight.
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DRE 1y ago

Why not just hold it the same way you would MSTR?

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Telluride 1y ago

Honestly, if you’re okay with the swing and you trust the underlying asset, you totally can.

Firstly, Im a huge MSTR fan and irresponsibly over invested in it but it trades at ~2.4x bitcoin.

A black swan event, would drop that multiple to well below 1:1 rather quickly.

If you were holding MSTU during one of these events, we’re talking about a +90% drawdown.

The fund would become insolvent and you’d lose it all.

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DRE 1y ago

No risk it no biscuit as they say 😂