You have no need to defend yourself. I know (relatively) very little about BTC and crypto's in general, but there is one thing I do know. You're a believer. Others may disagree, and that's fine... but from an internet forum standpoint... you have always been nothing but honest here, and you have always been willing to answer questions and impart the knowledge you possess regarding this stuff. Markets go up and they go down. Anyone that thinks otherwise is just foolish. As I have said before, I don't own nor have I ever owned a cryptocurrency... it's because I won't put my money into things I don't understand or have the inclination to learn... but you do. And you have always been as polite as one can be to the myriad of onslaughts that standing behind your beliefs in something like this would allow. There's something to be said about that. Karma's real Johnny A... and you're gonna be fine. Again, its just one of those things I feel.
Johnnyarb... I tried to PM you after I wrote that, to tell you please don't give me a "like" on this post. That's not what it was about. But your pm's are turned off. Either way. I meant what I said. And don't "like" this one either lol. Go slam Stoney for his bs this week if you feel compelled.
Thank you very much, vz, very much appreciate your kindness We are who we are and Karma, good blessings, we are always grateful to receive when they arrive On bitcoin, on crypto, perhaps not going to be, a good sell, it's like gold bugs always trying to explain the importance of hard money asset However, in the stock market, on publicly traded companies, mstr is the most undervalued company, it will be the most valuable company in the US stock market within 10 years It will become apparent as the EV goes higher, as the treasury value goes higher, vis a vis, the debt, of which there is only one kind, convertible debt It's a no-brainer, like buying nvda at pennies as we had reminisced
Fwiw... I have always thought you've been right... and I missed the boat. But whatever. That said... pretty sure you are right. Just brace for a little more downside. Time goes by fast. Ignore the noise.
I don't profit from crashes, I load up. There simply aren't any good shorting options. Selling calls are too cheap. Buying puts are too expensive. Buying short ETFs don't perform. Shorting directly too risky. High yield dividends pay regardless so I don't care how long this correction takes.
The math ain't mathing, but I don't know waxy math I sold all my msty, you can substitute whatever high yield dividend you wish I had about 8900 shares, got 2 dividends already, about 38k You're telling me that if I wait for the next dividend estimated at around $1.20-$1.30 I will be able to load up? fuck that's bull shit msty is down 50% in less than 30 days, it was down to $18/share msty goes down more than the dividend in 1 fucking day and you are happy??? YOU CANNOT LOAD UP WHEN YOU ARE FUCKING DOWN ON YOUR CAPITAL AND DIVIDEND IS CRASHING,
You are falling into the "my capital is dropping" myth. I don't care about my capital if it is earning dividends...that means it's doing its job. If I were to put that capital into a Bitcoin ETF instead of a dividend it would be dead money for the entire correction... whereas the dividends are generating returns. I almost doubled my msty position this last week. J, you need to be able to breathe underwater in this game. I'm down huge too but if I factor in dividends I'm practically at a break even. What most people see as losses I see as a buying opportunity.
That's fine. I get it, if you are dividend reinvesting msty, and you've been doing it for a while, long term, you will win very big and in the short term, you are increasing the shares for when it does go up, the dividends will have a higher multiplier I do not see celebration when portfolio valuation is down very big in a short time I'm not even talking about bitcoin... bitcoin i can ignore the volatility, don't even have to look at the price every day, and there were days during the bear market when I did not The trading account, that's the stressful stuff, I guess that's why I'm not a trader,