• 70517395 : What does it mean? Are we small retail investors all losing money. Should we continue to add positions or sell?

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• LivingYears : what has caused such a dump? and what catalyst is needed for it to recover? any ideas

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• 10baggerbamm OP LivingYears : I've written about it till I'm blue in the face just go back and read my other comments under microstrategy common
  the bottom line is the fix is in the Bitcoin they hold commanded at 300% premium to spot bitcoin price last year at average 200% during the conference call Michael Saylor said it's commanding a 75% premium right now my dirty math says it's about a 60% premium to bitcoin and it's going to go down to maybe a five maybe a 10% premium there's no reason that his Bitcoin should stay and be valued at a premium more than spot and it's very simple if I own an ounce of gold it's worth spot if Michael Saylor owns an ounce of gold it shouldn't be worth 65% more because he owns it

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• LivingYears 10baggerbamm OP : copy that @10baggerbamm . looks like we have misplaced the premium right off the bat

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• 70517395 10baggerbamm OP : That makes sense! So what should we do now that these individual investors have been infiltrated?

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• 10baggerbamm OP 70517395 : well if you already own this ETF you're getting clobbered.. if you own microstrategy directly on the way down it's sheer hell.
  although yesterday when Bitcoin was down almost $3,000 microstrategy was trading higher and that has not happened in a very long time also coinbase was trading higher at the same time.. normally they have led the market lower in conjunction with Bitcoin with Bitcoin falls they fall when Bitcoin rises they rise.
  yesterday both of those stocks were trading higher while Bitcoin was tanking..
  if you own micro strategy The leverage ETF you need to hope that Bitcoin skyrockets back above 100,000 that's really going to be your salvation is that Bitcoin very very quickly trades up and stays up I think people will buy microstrategy again regardless of the premium of the Bitcoin that they have versus spot compresses more or not people will just buy the stock because that's what they do they chase velocity and they chase movement..
  don't know your call spaces I don't know how much risk you can take I do know what it's like being in an ETF that's leveraged on the way down it sucks it is the most painful experience in the world and it always seems to get a hell of a lot worse before it gets better..
  so good luck to you and I hope Bitcoin recovers

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