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2024-10-09 19:47:10 UTC

Nathan Simone šŸ“ā€ā˜ ļø on Nostr: I have a friend who wants to YOLO 50K into MSTR via his Roth IRA (he also owns real ...

I have a friend who wants to YOLO 50K into MSTR via his Roth IRA (he also owns real #Bitcoin) and ride it up with the BTC bull run.

Has been watching the price since $100 (now around $190) and thinks it still has massive room to run.

Short-term focus on tax-free fiat gains.

Other than MSTR trading at a premium which I don't entirely understand, they do own a šŸ’© ton of #Bitcoin and Saylor seems to be a good actor.

Besides short term volatility or Saylor going insane, what's the real risk for this play?

Seems too good to be true.