微风轻扬
11-22

I made a 51% profit in MSTX within a week and have now closed my position. MSTX is a 2x leveraged version of MSTR, and while MSTR’s market cap is $100 billion, its Bitcoin holdings are only worth $33 billion, meaning the stock is overvalued by about three times. Given this discrepancy, I decided the risk of holding on was too high and opted to lock in my profits.

Modified in.11-22
Would You Buy the Dip as MSTR Falls?
Microstrategy falls as bitcoin retraces. Some say they buy MSTR during every pullback because they are optimistic about its long-term potential. ----------------- Will you buy the dip? At what price? Have you joined the last ride and stay and see the trend? Or will you take profit with already big gains?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • VivianLau
    11-22
    VivianLau

    50% profit on a 2x ETF—nice work! Just curious, how far do you see the downside going?

  • Tiger_comments
    11-22
    Tiger_comments

    Thank you for your insights!

    What’s your target price for MSTZ? Welcome to share your winning trades! 💸📈

  • peppywoo
    11-22
    peppywoo
    Great profit taking
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