My thoughts exactly. This is what I tell people who ask about $MSTR.

Great for the stagnant cash I had in an IRA but otherwise, #Bitcoin only.

My position is the same. While I am intrigued by Saylor's aggressive bitcoin strategy, I have had concerns from the beginning that he won't refer to bitcoin as money. While I do believe he will make a lot of people rich, I think he is a distraction from freedom money.

I hold mstr in a family account for the purpose of breaking my father-in-law's traditional diversification model that he pushes on his kids and grandkids. While it is exciting that I am up 900-1,000% since buying it and benefited from the stock split, it only represents about 5% of my wealth, the rest of which is in #bitcoin.

DESPITE THE GREAT MSTR GAINS, IT HASN'T BEEN MTSR THAT HAS FREED ME.

#BITCOIN FREED ME DURING THE COVID YEARS. I'VE BEEN STACKING SINCE 2018. I HODL IT MYSELF. I REPLACE WHAT I SPEND. I KEEP AS LITTLE AS POSSIBLE IN FIAT. THIS IS THE WAY.

💯 I found myself with a large MSTR position only because I had significant retirement savings before I found bitcoin, withdrawing to buy proper bitcoin would be a huge tax event, and ETFs weren’t available at the time. I have been gradually rebalancing my retirement portfolio towards ETFs while redirecting all new savings to real, self-custody bitcoin.

I completely agree nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs. MSTR is great in a Roth. I like having BTC on “both sides of the fence” and getting the allocation right seems to be a combination of looking at your asset allocation percentages and straight up instinct and feel. Riding out a couple of bear markets gives you more confidence.

FWIW, this is what my portfolio looks like.

I only trade in my retirement accounts and the only trading I do is between the bitcoin ETFs and Bitcoin equities.

At some point, I plan on taking some of the amounts in the retirement accounts fully off the table and rolling it into spot BTC in an IRA (likely with the Unchained). The amounts I will “take off the table” will come from the amounts in the ETFs.

I do *not* trade outside of my tax advantaged accounts.

These days, with my free cash flow, I basically only buy spot BTC outside of my retirement accounts.

I’ve stopped contributing to my retirement accounts altogether & the reason it’s such a large share of my portfolio in both BTC & USD terms is it’s 1) where I had a lot of starting capital when I decided to go all in to bitcoin and 2) I’ve successfully traded it into both more USD and more BTC via proxies.

(Note: for the call options, for the BTC calc, I’m treating it as if I sold them all and rolled them directly into BTC, not into MSTR. It would be smaller percentage if I treated as if I bought MSTR with it. In truth, I’ll probably split it between the two when I do sell them.)

I agree, Bitcoin ETFs and MSTR are only good for that retirement money the government don’t let you have.

Buy Bitcoin with your free money. 🫡

btc accumulation is the goal. when Michael Jackson asked if Annie was ok, he was referring to your ex-girlfriend that did not buy #bitcoin. don’t be annie.

That’s just it. Use money that can’t access bitcoin. A pension pot (uk term) is ideal for MSTR.

As I understand it: the simplified version of why you would pay a premium for MSTR compared to the underlying BTC is the expectation that the company will continue to increase the BTC per MSTR share; thus, eventually turning the initial premium you paid into a discount for the increased amount of BTC it represents.

That sounds like a great deal, but how does the company increase the BTC per MSTR share?: It issues new shares at the premium price so that it can buy even more BTC at the market price; thus increasing the BTC per share ratio. And/or the company sells convertible bonds that effectively accomplishes the same thing - just with leverage on a longer timescale.

In other words, if the flow of investors to buy new shares were ever to dry up, the later investors who hadn't yet seen their initial premium price turn into a discount price never will. This sounds like a ponzi scheme that must eventually run out of the new investors necessary to keep it going. It just happens to be a legal ponzi scheme without any apparent fraud or deception. Just make sure to go in with your eyes wide open to these realities. "Buyer beware, Freaks"

Will you rebalance if your MSTR position grows to 15% 20%?

what the point for you to have MTSR at all?

almost no sense

mstr will end up like gbtc. maths.

buying calls is stupid. selling puts is where its at. why be the junkie when you can be the dealer?

buying 100 shares and selling calls not a bad idea either.

Was always clear. But pls, share the message with the robinhood monkeys, remind them that the wall street commies (including robinhood) are 24/7 scheming how to keep the pleb poor.

Brokereages is their field. Cyberspace is ours.

I think on the latest nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech interview with Saylor he says he recommends holding bitcoin over MSTR.

I'm actually surprised that as an officer of a publicly traded company he would say that.

I have 0.25% allocation to $mstr

I have a cucked 0.25% allocation.

Still enjoying being exit liquidity for Fixed Income managers? The only winner here is MSTR bing buyers/holders. The equity buyers will get hosed long term. You just have not been fully diluted yet.