MSTRUSDT
MSTR / Tether USD
crypto

I would only in an ISA to take advantage of tax free gains, I'd prefer an ETF tbh but I'd definitely prefer an ETN than MSTR

It (MSTR) trades at a huge premium over the value of its Bitcoin holdings. That's one very risky and expensive way of gaining access to Bitcoin exposure.
Wait for the ETN, apparently due in a week or two (8th of October?).
To buy them you will have to evidence that you are an "informed investor". Do you have a pulse.
They may or may not be able to be held in an ISA (not heard any confirmation on this or not).

This is a well known fact, but it bears repeating.
Thanks for pointing it out.
This september had a couple of turning points which underwhelmed (MSTR getting into S&P, Fed lowering rates), but all in all, it was one of the better Septembers yet.
Now the next three months, oh boy...
(historically speaking ofc)

You can buy MSTR and it's a great time to do it. MNAV is low and bull run is getting ready to rumble.

This year was unprecedented times in which mNAV fell drastically during a bull market.
I don't think your stance is entirely fair, I expected high volatility and for it to behave somewhat like leveraged BTC, not for it to decouple against BTC this year and watch BTC rise and MSTR fall the entire year.
This is relatively uncharted territory.

The extreme volatility of MSTR is the price you pay for outperforming BTC, if you can’t stomach it . You don’t deserve the outperformance. Sounds like MSTR is not for you . I celebrate when MSTR Mnav drops as I am still accumulating and will continue accumulating for the next decade. If you don’t have the time horizon or the conviction, BTC self custody and share some of the profits with the government might actually be better for you if it helps you sleep better at night . But I’m sleeping good.

If your going to have a goal might as well be a good one besides pure btc I have a big bag of MSTR and Michael adds to my SATs most Monday mornings

I've used vanguard for 25 years and I love their low fee philosophy, but they really blew it with the Bitcoin etf. Especially since you can buy MSTR which is 4x more volatile. Also, their trading interface is worse than 90's E-Trade.

yep this is the interesting part, they own 8.5% of MSTR valued at around $9billion. But call BTC an immature asset. Digging around today's news it's very much "sources familiar with the matter" not a statement from Vanguard themselves and these same familiar sources say that they might list 3rd party ETFs not create their own

The entire table is here: [https://newhedge.io/bitcoin/treasuries](https://newhedge.io/bitcoin/treasuries) and you can click each individual public/private company to view their company profile page, for example here is Strategy (MSTR): [https://newhedge.io/bitcoin/treasuries/strategy-inc](https://newhedge.io/bitcoin/treasuries/strategy-inc)

I do not trade Bitcoin. If you want to trade something with even more volatility than BTC, try trading MSTR. I would rather trade small cap tech stocks and take those gains to buy more BTC. If you look at the math and the long view of BTC, you are WAY better just going long, never selling, and let it do it's thing. Right now, you can use Fire Fish to lend Bitcoin out in a multi signature, non rehypothecated loan, with a yearly yield of 10.5 %. You can also just back the truck up and get10$ from Strategy with the financial product called STRC. Don't try to strike it rich over night with your main stack. I am a multi coiner and I still stack hard. For non Bitcoin people, I tell them at least buy MAGS and forget about it. I don't consider buying and holding "Investing " in Bitcoin because I am never converting it back into fiat monopoly clown money. By 2034 or so 99% will be mined and it should be way above where it is now. The volatility will be a little lower. It should still be a return above the S&P, or anything else. I think the surprise play is also Ethereum ( way under valued ) Those are the only 2 I have.. I have about 2,000 XRP that I bought at .58 and that will get converted to BTC eventually. Stable coins take the XRP narrative's wind out of their sails. If you want to accept digital assets into your business... look up Forrum pay. Great company.. ahead of it's time

Was just thinking about the current market dip we’re experiencing. There’s been a lot of talk about Bitcoin and ETH hitting higher numbers soon. Bitcoin at $125k was promising. ETH nearing new highs was exciting. All of the talk around MSTR and BMNR and new crypto etfs is a more stable indication than we had in previous cycles…. Yet here we are this morning looking like so many end of runs in the past.
All of this got me thinking that if this is the moment we slip into crypto winter (which I personally don’t believe) am I prepared to hold and actually add this cycle. If it’s 24 months before BTC hits 200k and ETH hits 10k, are you prepared to wait?

Need a good dip today so I can sell my MSTR puts. Rather not hold over the weekend, but things seem to be spicey around the world right now with NATO/Russia tempted to buy even more lol

MSTR crossed bearish on multiple indicators yesterday, its mirroring dec 2021 action. That's going to drag down the btc and whole crypto market with it in the next months.
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