At this stage, though, mstu (2X leveraged mstr) might be something to consider. Leverage on top of leverage. Risky, but I’m going to open a small position in it until March.
Actually, maybe not. I could see MSTR dropping 30-50% on a real bad day, even in this most bullish zone, in which case you lose everything. Way too risky, even for me. Microstrategy is way overpriced and its valuation makes absolutely no sense, even with all the benefits that come with their strategy to use leverage to buy more bitcoin . You’re paying 5 times the price for each bitcoin that they own. A bubble that will eventually pop.
Saylor has a very shady past, and I don’t trust him one bit. From tax fraud, to selling his bitcoin while telling others to never sell, to using hard drugs, this guy is definitely sketchy.
https://www.reddit.com/r/Buttcoin/comments/lvm5hl
Any scandal regarding Saylor or his company could send the stock into freefall. I have a big position in mstr, but am dying to close it asap before the shit hits the fan.
