MSTR Potential Setup.
if it actually dips to 160 area coming week or two, buying calls doesnt’t sound too bad 😏
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10baggerbamm : so if you believe it's going to fall that amount why would you just sit and wait why wouldn't you step up and buy a 2X leverage ETF bear fund on microstrategy
STOCKS GUY FR OP 10baggerbamm : if it spikes up because bitcoin decided to just break 70’s instead then I’m a dead meat. Trying to lower my risk with higher probability. But hey thank you for the suggestion.
STOCKS GUY FR OP 10baggerbamm : just a quick question, are you shorting or long on MSTR at the moment?
10baggerbamm STOCKS GUY FR OP : I'm on microstrategy The leverage DTF the 1.75 at 20 and 1/4. I bought more 17 it fell down I think it was 15 and a half was the low. and I sold it a short while ago at a big profit I didn't capture microstrategy breaking out through the split adjusted 2000. so I'm not short micro strategy I believe Michael Saylor is brilliant I believe bitcoins going to 100,000 so I'm not a bear I'm not someone who says Bitcoin is worthless like many people do on TV and a lot of people that are strictly gold buyers like Peter Schiff. what I am saying is that microstrategy stock price has gone up 100% in a little over a month and nothing goes straight up all you have to do is look at Nvidia post split and look at the amount of appreciation that Nvidia put on post split and then look what happened to it with no bad news. and I can go down the list of companies that go parabolic and a very short period And there's always people that say oh it's going higher it's going higher it's going higher until the rug pull happens and then they think the buyers will come back in the next day and they don't.
so what I am saying is there will be profit taking and you saw $10 come off of it in a blink of an eye that's nothing Bitcoin still going up and micro strategy is going down how's that possible.. Michael strategy doesn't even need to come down to its 20-day moving average which is $167 if it comes down to about 180 this ETF is about $13 and change
10baggerbamm STOCKS GUY FR OP : that's the risk you take and I got news for you if Israel strikes Iran it's risk off in microstrategy is going to get wrecked because Bitcoin will come down because Bitcoin has proven not to be a hedge as it was pitched for the past several years because the past year we've watched it trade down when the market goes down and on days where the market gets hit Bitcoin goes down so risk off microstrategy is getting hammered you may not like it but that's the risk that you're going to take. it's down 21 bucks from its high now that's nothing.. you haven't even seen profit taking in this stock yet
STOCKS GUY FR OP 10baggerbamm : agree, appreciate your effort in writing this. I have many ongoing trades at the moment but I’ll keep an eye with this MSTR as it provides interesting volatility to make bands.
10baggerbamm STOCKS GUY FR OP : it's just information you can take it with a grain of salt you can put it in the back of your mind you don't need to act on it but you can learn from it. maybe I'm right maybe I'm wrong I don't know but I do know one thing trees do not grow to the sky
STOCKS GUY FR OP 10baggerbamm : alright brother. I don’t deny that as you’re far more experienced than I am.