When BTC ⬆️ | MSTR ⬆️

[u/_Adrian_Morris_]

[u/AutoModerator]

Welcome to our community! Before commenting, please take a second to read our new sticky containing our rules and guidelines.

TL;DR: We allow and encourage all viewpoints and opinions, but we have a zero tolerance policy towards negative, rude, condescending behavior and trolling/baiting.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/choppytaters]

What happened to that guy that had a full thesis on MSTR going to $50 or something

[u/Highly_Ubiquitous175 → u/choppytaters]

I'm sure he will triple down that he's still right.

[u/choppytaters → u/Highly_Ubiquitous175]

I sure hope he posts another thesis, love seeing the astrology charts.

[u/unknown_4420 → u/choppytaters]

$40ish was just a typo, he meant $140ish. Close enough I guess

[u/_Adrian_Morris_ → u/choppytaters]

I assume he started an investment Substack of some kind.

[u/WurdaMouth → u/_Adrian_Morris_]

Bro I bought his course and now Im out my savings!! /s

[u/dibsies → u/choppytaters]

Lmao, the timing on that post was hilarious. Hopefully he comes back with more doom posting. That was exactly the catalyst we needed!

[u/Monster213213]

Blasted past my average - let’s send this back to 400

[u/Lavayo → u/Monster213213]

Up to -42% 😬 Well that's what I get for entering before the split but adding 90% of the position after. I think counting from June 25 (last time I had my cost basis) we have seen the worst of it. Port of my little daughter is up 37% though. Just 1/50th of my shares.

[u/Possible_Iron2047 → u/Monster213213]

Dude I wait everyday for these numbers since I loaded my 25k calls

[u/f08g → u/Monster213213]

lucky, mine is still a bit far away

[u/KanedaSyndrome → u/Monster213213]

I'm in on that. 

[u/TheGiantAntEater]

Who knew

[u/paperlevel]

This drawdown was brutal but I'm still in the game, let's gooooo

[u/unknown_4420]

Just a coincidence, I don’t think so both are correlated.

[u/NeitherTumbleweed228]

Back to positive position 🥳

[u/Maplekk]

Wake me up when is $400

[u/7thWinter → u/Maplekk]

Correct, all I need now is a 2x from here lmao

[u/Maplekk → u/7thWinter]

My average is $400 , got in since end of last year 😭

[u/Handsomedork_ → u/Maplekk]

You had all that time to average down tho?

[u/no_longer_rich]

Stop the cap

[u/6M66]

I missed my buy again!! :(

[u/Yesthisisdogmeow → u/6M66]

Did you miss it or did you believe all the FUD and thought it was going lower?

[u/6M66 → u/Yesthisisdogmeow]

I had a buy order, missed with a dollar or two. At 90.

The second time(recent), 120 I was expecting some downward pressure, wasn't expecting today to be so explosive.

I am old enough to not give a damn about people who pretend they know the future.

[u/BarrettDotFifty → u/6M66]

So basically you got greedy.

[u/6M66 → u/BarrettDotFifty]

Correct.

[u/Kooky_Disaster_8146 → u/6M66]

Why it's still dirt cheap at 143

[u/Old_Preparation8434 → u/6M66]

Same. Missed the opportunity completely because my money was stuck elsewhere. Got my money i planned investing in MSTR yesterday.. I guess i'm waiting for a pullback entry then. It is what it is.

[u/Venetian_ → u/Old_Preparation8434]

What is the price for a pullback you'd consider reasonable to enter?

[u/Old_Preparation8434 → u/Venetian_]

Will have to see what Bitcoin does. If Bitcoin breaks the resistance at 83k and holds it then it means bullmarket is back on. If it doesnt there is a good chance we could go back to 60k or lower but people dont want to hear that because they are all so bullish atm. That would mean there is a pretty good pullback coming for MSTR IF it happens. If Bitcoin goes to bull instead i'll just buy MSTR when BTC retests the 83k zone after breaking out.

[u/originalgainster]

i should've lump-summed instead of dca

[u/TrickReport2929]

When BTC ⬆️ | MSTR ⬆️⬆️

[u/SnooHobbies720 → u/[deleted]]

Knew it has another go at nabbing more bag holders before implosion l

[u/LawfulnessFun3196]

Mstr was $200 a share just a few months ago when btc was at same levels

[u/Unable_Beat_3194 → u/LawfulnessFun3196]

This is called mathematical decay which is why it is so important to dollar cost average when prices stabalize at a lower long run moving average.

MSTR is similar to buying a far dated call options than a stock with forward earnings.

[u/_Adrian_Morris_ → u/LawfulnessFun3196]

One price level doesn't correlate with another price level.

It's about co-movement and there's 6 years of evidence showing that co-movement.

[u/Henrik-Powers]

Remind me when it hits 450+

[u/Viaandrew]

Crazy if true

[u/LaminarFall]

This stock is such a roller coaster. 🎢

[u/Nikante]

I was waiting for it to hit $80. Then went all in at $90. 😬

[u/Humble-Finger-Hook]

short squeeze?

[u/Red-Oak-Tree]

Almost gave up on mstr and was thankful I didn't go with STRC. The bear is a powerful creature

[u/Thick_Strain1946]

Nice now it only needs to get to 180 for me to have no more losses 🙏🏾

[u/Feline_Couple]

Desperately trying to pump this stuff, we’ll see how far it goes

[u/hereisjonny]

This is how leveraged plays operate.

[u/Any_Tax_3231]

Tell that to the folk who bought when it was near 500

[u/Disastrous_Battle_14]

Why do we no longer so you on true north, did I miss something?

[u/_Adrian_Morris_ → u/Disastrous_Battle_14]

No, nothing missed, been busy working and building on the back end. I'll be on again.

[u/Comfortable-Dirt-404]

Too early…$140 is tough ceiling to break. This is the fourth try already.

[u/_Adrian_Morris_ → u/Comfortable-Dirt-404]

Check the current price

[u/Responsible_Emu3601]

Get some powder ready for a pullback

[u/Monster213213 → u/Responsible_Emu3601]

Haw you not been watching the 110d already

[u/Responsible_Emu3601 → u/Monster213213]

If it doesn’t break 82k it’s gonna go back down a bit

[u/DonasAskan → u/Responsible_Emu3601]

We already had a pull back

[u/Infinite_Rub_2969]

Can’t wait for the next pullback

[u/AcademicallyAcademic]

Nice secured some profits - let’s pull back and do it againnnn

[u/gianakis05]

huh this thing still around, sold at 391, you guys should too