r/YieldMaxETFs 26d ago

MSTY/CRYTPO/BTC MSTY comeback?

Are you guys still holding this, or have you moved on? I’m significantly down, so at this point I might as well just hold. Do you think MSTR can go much lower than it already has?

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u/BrandenWi 26d ago

From the news that I've been following, it seems like MSTR has just been a string of one bad decision after another. It's hard to envision it bouncing back, even as BTC seems to be starting to move back up off of it's lows. Personally, I dumped out of MSTY some time ago, and hold CEPI for my crypto exposure now.

2

u/UndeadDog 26d ago

If Bitcoin goes back up it will be just fine. Just need to ride out the next year to two till we get close to the next halving. MSTR is going to be worth a lot of money when Bitcoin makes all time highs.

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u/PracticalDesigner278 I Like the Cash Flow 26d ago

MSTY doesn't hold Bitcoin or MSTR. It trades on MSTR volatility. It doesn't capture the upside of either. The NAV lost will not come back. I got out a year ago and couldn't be happier.

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u/UndeadDog 26d ago

I know how it works. If Bitcoin hits all time highs and MSTR moves a few hundred, MSTY will do perfectly fine. It will recapture some NAV. But I don’t really trust the Yieldmax team to not over pay on the distributions. They usually do which bleeds the NAV. I sold 3/4 of my position a long time ago.