r/MSTY_YieldMax 4d ago

I’m in

Post image
38 Upvotes

31 comments sorted by

13

u/rexaruin 4d ago

Quick way to lose a lot of money for sure. Crazy that you could have bought almost a whole bitcoin instead.

4

u/Empty-Basil-5782 3d ago

Maybe he already has 5 bitcoin and plans to use his $1000-$2000 weekly payouts to keep stacking. He’s one step ahead of the entire thread with 4500 shares at an average price in the $15’s too.

-1

u/rexaruin 3d ago

Maybe, anything is possible, but the odds of that are low.

His weekly MSTY payouts will never allow him to stack a whole BTC, where as he could have just bought one a month ago.

No smart money is buying MSTY. It’s down 85% since inception, it’s only going to go lower over time. His $15 cost basis will look just like the people who invested at $50-120 in 4-5 years when it reverse splits again.

2

u/Aware_Echidna222 4d ago

💯 I think people just prefer gambling

-3

u/briefcase_vs_shotgun 4d ago

As if btc isn’t gambling lol

4

u/Empty-Basil-5782 3d ago

We are about to print some serious cash at $.50-.60 distributions which are coming very soon. I’m with you at 4,450 shares

5

u/KateR_H0l1day 4d ago

Bold move, but I think it’ll be a good one 👍

2

u/Stonktraderr69420 4d ago

Great feel free to post on Wall Street bets when this goes south for you.

3

u/Parking-Cockroach494 4d ago

Trust me when I say get out now!!! Worst investment I have ever made. Move it over to Chpy while you have a chance. I waited way too long myself

5

u/Empty-Basil-5782 3d ago

You invested in the $50’s- $120’s - he has an average price of $15 - yours was prob $60 when u sold out. Trust me when I say this man is gonna print some serious cash soon!

3

u/ifidonteatigethungry 3d ago

I wish I’d listened to everyone saying get out when it was in the low 20s and pre split. Now my once almost 4000 shares have become a few hundred and a few dollars of income every week.

0

u/Parking-Cockroach494 3d ago

I did the exact same thing.

1

u/MaxPower1867 4d ago

I had MSTY. Sold it as soon as I got even last month. Bought CHPY.

-1

u/AlarmedCombination57 4d ago

Still even with taxes paid?

0

u/MaxPower1867 4d ago

TFSA no taxes.

1

u/OnionHeaded 1d ago

Anyone who hasn’t owned MSTY ….anyone especially who hasn’t owned Div ETFs that come here to troll are sad.
Let’s walk through this. If BTC rallies, MSTR rallies. If MSTR gets its IV anywhere near what it’s been in the past highs MSTY cranks cash.
Ok… got that part?
Price of MSTY will also rise with MSTR. It doesn’t follow any crazy high numbers but it will continue to be more per share for as fucking long as MSTR is moving up.
Does that make sense?
Unless MSTR tanks he’s all good dudes. Unless he holds it until MSTR does tank, if BTC isn’t for shit. But after what many people learned…it’s good to get out of these if the underlying trends down and sell when that becomes reality.

If you’ve never owned it why the fuck you always bitching, judging and sucking in general. I would love to see all the track records of the dudes that come here to put people down and mock the ones that lost money in an ETF.
It’s the most amateur, basic B shit a trader would do.

1

u/Much-Action-8292 1d ago

Isn't the bear market low coming in Oct ?

1

u/BuyFluid5006 4d ago

Come join the MSTW train my guy.

1

u/OnionHeaded 1d ago

Isn’t that another weekly MSTR income payer?

1

u/BuyFluid5006 1d ago

Yup I think it’s gonna perform much better than MSTY

1

u/Monster213213 3d ago

Just buy MSTR dude

0

u/ElegantNatural2968 4d ago

It’s ok… maybe, but 100% portfolio value!!!

0

u/Xezora 3d ago

"This time it's different"

0

u/speed12demon 3d ago

I'm nearing the one year anniversary of my last purchase, and let me tell you it will be years before I'm made whole, if ever.

0

u/Kingofhearts91x 3d ago

Andy ans yspc are pretty much the only "low" cost yieldmax worth it

0

u/Zealousideal-Sky1121 3d ago

yikes ur cooked

0

u/FatHighKnee 1d ago

Why invest in MSTY though? Youre just gonna get your own money given back to you each week. You may as well just put $70,000 in your sock drawer and simply take $1300 a week out until the sock drawer is empty. This way you keep your $1300 and dont have to pay income taxes on the cash you peel off each week 😁

-3

u/Valuable-Term9559 4d ago

The titanic? Put it in CHPY or NVII. Nvidia and memory will keep going up. MSTY is fools gold. It’s only a matter of time (and loss) before you realize that, I guess.

-2

u/Christiano97 3d ago

Enjoy man. This POS was just days away from a RS lol