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Replying to Avatar Nathan Simone 🏴‍☠️

I have a friend who wants to YOLO 50K into MSTR via his Roth IRA (he also owns real #Bitcoin) and ride it up with the BTC bull run.

Has been watching the price since $100 (now around $190) and thinks it still has massive room to run.

Short-term focus on tax-free fiat gains.

Other than MSTR trading at a premium which I don't entirely understand, they do own a 💩 ton of #Bitcoin and Saylor seems to be a good actor.

Besides short term volatility or Saylor going insane, what's the real risk for this play?

Seems too good to be true.

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djmeistro✝️ 🍊💊⚡️ 1y ago

Their core business tanks

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Nathan Simone 🏴‍☠️ 1y ago

True, but they'd probably own a decent chunk of #Bitcoin by then or have someone who'd want to help and preserve their stack?

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