Blockstream CEO Adam Buck is convinced that MicroStrategy (MSTR) is still
Blockstream CEO Adam Buck is convinced that #MicroStrategy (MSTR) is still
"ridiculously cheap, even though its stock price is up 488% since the beginning of the year.
Mr. Buck, #SHIB has soared 630%, what's going on.
Shiba Inu shares soared 12%: is there any more movement.
He also believes that buying MSTR stocks is a low-risk opportunity compared to more complex He also believes that buying MSTR stocks is a low-risk opportunity compared to more complex financial instruments. For example, 2x ETFs claiming to offer twice the daily performance of #bitcoin typically perform poorly. For example, during periods of sideways trading (when there is no clear direction in the market), such #ETF products tend to lose value over time. For example, if the price of bitcoin rises 1% one day, and then declines the next day, the ETF will still fall into negative territory.
Back also said that because bitcoin options lose value if they fail, the idea of buying bitcoin options has been discarded. The buyer of the option loses the premium paid for the call if the bitcoin price falls below the strike price before the maturity date. Therefore, timing is very important in this case.
Unlike bitcoin ETF funds, MicroStrategy offers leverage on bitcoin. However, MSTRs do not suffer from the so-called
decay due to the compounding effect. Therefore, according to Beck, it is a balanced choice for leverage on bitcoin.
Read us at: Compass Investments