Do not easily short the market. Right now, #Bitcoin and $MSTR are mutually beneficial. I know many friends are very dissatisfied with MSTR's premium, but the fact is that MSTR is currently the only product that can be anchored to #BTC in the US stock market, especially before the vote on December 11; this achievement will be highly anticipated.
Every CopyCat of MSTR increases investor optimism towards MSTR. I do not encourage everyone to buy MSTR. Indeed, MSTR has many issues, but it's like trying to short BTC in a bull market; the market is not rational. Without impulse and FOMO, there would be no market. The market's idea is simple: MSTR issues bonds to buy stocks and BTC, driving the price of BTC up.
We all know that this logic is incorrect, but not everyone in the market will analyze the underlying logic in detail. Whenever the price of BTC rises, the premium of MSTR, which holds a large amount of BTC, will drive the stock up. This is how it rises, but when it falls, MSTR will drop even harder. However, the current sentiment is neither visible nor tangible, and it is unknown when it will explode.
So the best plan is either not to enter the market or to be cautious when shorting. Holding some spot will be much less risky. After December 11, we can make further plans based on the results.
PS: We are currently in a liquidity lull. We will only see the performance of American investors after the US stock market opens today. Today is the last trading day of this week, and typically, the capital flow today should be the lowest, so caution is advised.
This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX
