Dennis · 2024-03-13T22:51:54.998691Z

Due to current events and a very interesting discussion. Lottery ticket raised for the third time! 😅😎🙈 My reasons for going short on $MSTR, see attachment.

11Lun

No matter what happens, we can only wish you luck. Either you slam the knife more and more into your leg or you make x profit. Don't think there will be anything in between💥

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Stefan21@stefan_21

11Lun

It's not quite that simple. Microstrategy has invested virtually all of its deposits in Bitcoin + taken on debt in the form of loans & convertible bonds in order to buy even more Bitcoin. However, the debt they have taken on is always due at least 4 years later (I think Saylor wants to take the Bitcoin cycles with him). With the 500 million announced a few days ago, they will have 1% of all Bitcoin.
I think in the long run this will make Microstrategy one of the most valuable companies in the world.
They have also announced that they want to become the first "Bitcoin Development Company". I think sooner or later they will stop their current software business.

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Dennis@GordonGekko83

11Lun

@stefan_21 I think so! Simple math!

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Stefan21@stefan_21

11Lun

@GordonGekko83 Yes, of course you're right with your math. However, expectations are always traded on the stock market. And the expectation is that Microstrategy will continue to accumulate more Bitcoin by all means. I could also imagine that they will issue new shares to further increase their position and bring the market capitalization more in line with their Bitcoin holdings.

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Dennis@GordonGekko83

11Lun

@stefan_21 What's good about diluting shares? Why not invest directly in Bitcoin? The business model really makes no sense to me! Why buy the expensive duplicate when I can buy the original and cheaper! For me, the store is irrationally overpriced.

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Stefan21@stefan_21

11Lun

@GordonGekko83 This is not good for the investor. However, they can continue to buy Bitcoin with the money. They have done this several times in the past. I don't invest in Microstrategy either, but directly in Bitcoin. But I think Microstrategy can be seen as a Bitcoin derivative, as they are leveraged investments. Personally, I wouldn't bet on the price falling while Bitcoin climbs towards 100,000.

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Stefan21@stefan_21

11Lun

@GordonGekko83 grad gesehem:
https://www.microstrategy.com/press/microstrategy-announces-pricing-of-offering-of-convertible-senior-notes_03-15-2024

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Alpalaka@Alpalaka

11Lun

Why are you betting against it? Why don't you take the easy way out and get a call?

btw losers average losers

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Dennis@GordonGekko83

11Lun

@Alpalaka This is not about betting against Bitcoin. This is of secondary importance. It is about the bet on the overvaluation of $MSTR and the irrational behavior of investors. As I said, why should an investor buy "Bitcoin" at a huge price premium of around 80% via $MSTR and not invest directly in Bitcoin or a Bitcoin ETF. It is an appeal to the investor's mind, which some seem to have suspended.🤷‍♂️

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Alpalaka@Alpalaka

11Lun

@GordonGekko83 Okay, thanks. I'm curious to see how it turns out. I wouldn't dare to stand up to it now

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Dennis@GordonGekko83

11Lun

@Alpalaka looks bad so far, of course😆
You would have to put a price tag on $MSTR "Bitcoin with a price premium of 80%" every investor who would see such a price would say I'm not stupid and buy the crap! But that's how it's going right now 🙈

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Alpalaka@Alpalaka

11Lun

@GordonGekko83 Well, everyone just takes the daily 10% with them.
Why should you question it if it's a dark green chart at the end of the day every time?

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Alpalaka@Alpalaka

11Lun

@GordonGekko83 How much did you manage to reduce your entry price to? 3,70€?

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Dennis@GordonGekko83

11Lun

@Alpalaka 3,25€

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Alpalaka@Alpalaka

11Lun

@GordonGekko83 will be fine
I'll try my luck today with $RHM

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Dennis@GordonGekko83

11Lun

@Alpalaka Short or what?!;-)

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Alpalaka@Alpalaka

11Lun

@GordonGekko83 Weirdo :D

https://www.hsbc-zertifikate.de/home/details#!/isin:DE000HS4VJU7
Somehow the link does not work

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Dennis@GordonGekko83

11Lun

@Alpalaka Hebel 9 call!👍

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Ver una respuesta más

Ayecaramba@Ayecaramba256

11Lun

Great idea

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Goldadler@Campari

11Lun

I think things are now starting to slide downwards in my view. Everything has been running very hot, consumer prices and inflation are also rising slightly and retail sales are also thinning out. I can well imagine that there will now be some selling in Bitcoin and general risk assets, the famous profit-taking

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Null@Frei

11Lun

I've also been short since last week, today is probably starting well for us 🙂 My entry is 3.66, maybe I'll add more

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Moritz@leveragegrinding

11Lun

Please #hebel 😂
I am also short but over a different period. Expect a hard correction in the next few months, I'm out of these momentum stocks as they get closer.

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Thomas@Thomashero_241

11Lun

hllo

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DonMassaBuanaEfendi@DonMassaBuanaEfendi

10Lun

I fully agree with you @GordonGekko83 was also short the store is totally overvalued! Rather still > 115000 € . Without a major $BTC setback, the hype will not break and Saylor is a really clever "juggler"

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