$MicroStrategy(MSTR)$ I’ve been following Saylor’s Bitcoin strategy since the beginning. Im a Bitcoin Maxi who has been in $Grayscale Bitcoin Trust(GBTC)$ in my cash account and ira since 2019. Most of my stash is self custody Bitcoin.
I never bought MSTR because I couldn’t really understand what he was doing that justified the premium. I still don’t fully understand. But on May 1st while this was tanking, I sold my ETFS. I had sold GBTC for $iShares Bitcoin Trust(IBIT)$ and $Fidelity Wise Origin Bitcoin Fund(FBTC)$ .
We were out eating lunch, and i was glued to my phone as I always am, and i saw my opportunity! I was really bummed watching this all year go on a tear to $2,000. So on this correction I got on the Saylor train at $1,030! What a ride so far! I plan on holding this cycle and depending where it goes, I made hold through the next bear market.
Instead of trying to time the move. People think that eventually these Bitcoin cycles will end as it continues to grow but who knows. The gains here are amplified but so are the losses.
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Comments
I think it will go 2k! 😂😲😛