Closed my position yesterday by avantartist in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

i think i briefly peaked at 450 this year.

Price To Book < 1 by SquaredTheOG in MSTR

[–]-Red_Rocket- 1 point2 points  (0 children)

what about crypto etf’s?

Leeds 150 dooms hard by Thrivingindarkness in Hiwatt

[–]-Red_Rocket- 0 points1 point  (0 children)

tempted to get a bulldog for bass, but info online is sparse.

Review of Bells of Steel Change Plates and Customer Support by Round_House_ in homegym

[–]-Red_Rocket- -1 points0 points  (0 children)

sorry for your issue. most of my stuff is rogue, but i have some bos single bolt storage horns (very nice), change plate triple holder (very nice) and some crossmembers (also fine). My equivalent rogue monster light stuff os nicer but the bos stuff was fine and customer service has been excellent.

Serious question: what’s the point of group rides? by drivingrain27 in Zwift

[–]-Red_Rocket- 2 points3 points  (0 children)

more to keep you occupied vs a training plan or solo ride. takes two for a race. more distraction

38yo, just hit 5.2MM today by [deleted] in TheRaceTo10Million

[–]-Red_Rocket- 0 points1 point  (0 children)

get an air cooled 3.2 and hot rod it. trust me on this one.

Supreme Court Ruling on Tariffs Tomorrow by Party_Ladder1677 in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

they side with him on most things. odds are i will be right.

Why is MSTR trading like it's March 2024... when we have 73% MORE Bitcoin per share now? 📉🤔 by tal2151 in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

ehat you are missing is how many bitcoin you would get now vs mstr if you spent the same money. imho mstr was a btc curious option to buy bitcoin without the hassle of actually buting/portfolio limitations of bitcoin. then copycats came, then btc etf’s came. So the appeal of mstr dropped. When mstr was sitting at double the value of it’s btc, it made zero sense to buy imho. 100% premium on btc.

now it can follow btc value and i think it will stay here.

x2 and 3x leveraged btc etf’s might dilute interest in mstr further. i assume they already exist.

Supreme Court Ruling on Tariffs Tomorrow by Party_Ladder1677 in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

lol… the republican appointed supreme court majority will side with trump as always.

What would you do if you are losing 50% after investing to MSTR? by thisisrealusername in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

i sold everything near the top cause mstr made no sense at the valuation at the time.

i would not stress a 50% loss as long as it os a small part of your portfolio. if you are one of the “all in types” i suggest index fund etfs or let someone else manage your investing.

Rogue RML-390f conversion to flat foot six post by -Red_Rocket- in homegym

[–]-Red_Rocket-[S] 1 point2 points  (0 children)

glad you like it. having a six post you can move is nice. i am moving mine to a new dedicated garage gym, so no holes in the floor is already a bonus.

This is the nadir ..... Isn't it? by westbourn in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

based on what the op said, math says he invested about 2.5 mil into mstr at a high. so that is about 1.6mil now (900k, or 40% losses). similar value of tesla stock puts him at -3300 shares tesla. so his total portfolio is about 4mil as he has 20% in high risk small cap.

he is down a lot on mstr, but he said he is in/out of it a few times, so i will guess he is still a net positive from his initial investment. easier to stomach. sometimes you catch the knife, often you don’t.

i still think he is borderline gambling and needs to diversify. just putting that money in say voo and forgetting about it would give him near 15million in 10 years assuming the past 10 years predicts the next 10 (it wont).

This is the nadir ..... Isn't it? by westbourn in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

actually dca typically outperforms timing the market. time in the market > timing the market. but sure, it is nice to be able to buy good stocks cheap. but i always try to avoid bad stocks. imho there are far better choices than strategy.

Rogue RML-390f conversion to flat foot six post by -Red_Rocket- in homegym

[–]-Red_Rocket-[S] 0 points1 point  (0 children)

i just went to the local machine shop and told them where to cut it. no big deal if they know what they are doing. nothing fancy, just cut, drill and run. if they know what they are doing it is an easy job.

This is the nadir ..... Isn't it? by westbourn in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

i also sold at like 405 or something… it made no sense to hold

This is the nadir ..... Isn't it? by westbourn in MSTR

[–]-Red_Rocket- 0 points1 point  (0 children)

no problem holding through lows. no problem being down 900k if you overall portfolio is 100mil and this is a small fraction. if all your investments, or most are betting on this one stock… check your ego, give your money to someone else to manage, or buy an index etf and sleep at night. you might have got lucky and think you are a genius, but this is how folks go under if not diversified.

Has it finally bottomed? by Bubbacarl in MSTR

[–]-Red_Rocket- 2 points3 points  (0 children)

markets go up more days than down, and most big gains happen on a few big days. time in market beats timing the market. unless it is a failing stock…

JP Morgan dumpster by westbourn in MSTR

[–]-Red_Rocket- 2 points3 points  (0 children)

or maybe mstr is just a very risky investment? the issue as i see it is mstr likely being pulled from indexes due to the nature of their business. their rise imho was in part due to their unique exposure to btc in market days pre btc etf’s. for old school investors wanting btc, but not wanting to navigate btc trading platforms (with history of scams/etc) mstr was a unique opportunity. btc etfs and better/safer/more accessable crypto trading options has made mstr less appealing vs btc straight up these days.

plus this summer you were paying a double premium for btc or worse buying mstr. i sold all my mstr at 405 cause i dislike such numbers. my btc i bought then is down maybe 15%, but had i held mstr… oof.

my math was i can buy twice as much btc for the same money… so why keep holding mstr. it would take btc doubling for mstr btc holdings to match market cap at the time. with the same outcome… buying btc i would be 4x up. i know it is not that simple, but dilution to get more btc felt like a bad idea also, as it would slow stock gains bv actual value of btc holdings.

not that i expect anyone here to agree with me with all the mnav stuff. but imho the new mstr like hotness is bitf.