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Thinking about going all in on $MSTR as a pseudo-Bitcoin ETF. Disprove my logic.

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Hi Everyone,

First of all, I am a crypto holder (just BTC & ETH), and I don't have any more cash to buy the dip.

However, as an investor I have money in stocks as well obviously. My investments in stocks are all in low cost, total market index funds (Boglehead strategy). They're doing fine (~15% return this year or something, idk), but fuck it. I'm a young single dude, so I can afford to take some risks right now. I want to YOLO it all on a high risk high, reward bet. That said, I'm considering selling all of my stock investments, and putting it all on $MSTR for the second half of the year to ride the bull run back up past the $100K mark we think BTC will hit.

The charts for $MSTR seem to track BTC very well, so I feel as though if BTC crushes like we think it will, then so will $MSTR and the other pseudo-Bitcoin ETF stocks like $MARA and $RIOT.

$MSTR opened at ~$650, so a ride to ATH's at $1,315 would be a 100% gain. Can probably get it in the $500's or maybe even $400's if we dip again, which would be a 120%+ gain if it matched ATH's. If we believe (which I strongly do) that BTC will crack $100K, $MSTR could crush to $2,000+.

Also considering $MARA, and $RIOT as other "Bitcoin ETF's", but I like $MSTR cause of Saylor.

Call me crazy. Disprove my logic. I want to hear the arguments against this. Mods, sorry if this isn't the right sub for this.

Thanks!

submitted by /u/ty_rex
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