Investment & Investing

They did steal the Twitter partner advertising model, along with a chunk of their fired staff who brought clients/advertisers with them. Another indication of how badly run X is now.

Agree the platform needs to work on how to be more appealing to advertisers - the content partnerships with NBA, NFL etc are interesting but it's just not as clear cut as normal social platforms.

Glitch in the money matrix.

Think it’ll leap when it opens proper today?

Up ~10% in pre-market.

https://www.google.com/search?q=mstr

There will be a lot of people working in B&Q well into their 70s if the arse falls out of BTC/MSTR and all those 401(k)s and SIPPs are left holding the bag.

Yeah been watching.

Isn't it more of a "when"?

Not really, if I was confident I'd be shorting it.

I think a single catastrophic event with BTC is unlikely (e.g. a flaw that renders it useless overnight). A slow gradual decline in price is more likely, which is going to be hard for the 401(k)/SIPP folk.

MSTR has the capacity to halve very quickly if there's any problems.

Also MSTRs wallets must be the most targetted things in cybersecurity right now - any serious fuck up by anyone in the chain and a huge chunk of their assets could be gone in a puff of smoke.

If I was ~30 I'd consider having maybe 20% of my pension in something like that. As I'm 5-10 years away from retirement it's more like 1% or 2% I'd gamble that way. (I am quite risk averse though.)

20% of my pension

(I am quite risk averse though.)

As someone in my mid-thirties this made me re-think my risk appetite...

Looking to open a trading 212 account to take advantage of the cash interest. Anyone want to share a referral?

I’ve just checked in the app and it’s not active for me currently, thanks for the offer…

Maybe it’s just the pension providers I’m with but I’ve never been able to pick individual stocks for a pension. Should I be able to?

On risk I’m sure there is plenty but I think there is a lot more sense in investing in btc than a great deal of the stock market given the amount of toxic debt swashing about

Maybe it’s just the pension providers I’m with but I’ve never been able to pick individual stocks for a pension. Should I be able to?

Not with a pension that you have with a company like Aviva/Aegon/etc. Those will only allow you to pick from a selection of funds (or cash).

But a SIPP allows you more control, no surrpise given SIPP means Self-Invested Personal Pension.

I was confident I'd be shorting it.

Could be years away.

The gradual decline theory is an interesting one, thanks for sharing your thoughts on that.

To me, the rate and scale of change of price plus lack of intrinsic value puts it firmly in bubble territory, but I'm fully aware that bubbles can persist for surprisingly long periods of time.

What do you mean by 'lack of intrinsic value'? Not being difficult, just curious to hear what makes you think that.

Oooh big slide

Yeah - get it with a sip just checking I wasn’t being dumb on the personal (work) pension.

Not with a pension that you have with a company like Aviva/Aegon/etc. Those will only allow you to pick from a selection of funds (or cash).

Yeah I'm just finding this out having totally ignored everything to do with pensions until my mid 40s. Some how I'm in a better position that I could have imaged. My main (current employer) pension is in what they call a growth fund, but its predicted outcome at 67 is less than I get sticking it in my 212 account with 5% interest for 20 years even without anymore contribution, so fuck knows what there doing with it.

MSTR's in freefall now..

It was shorted apparently .
I bought a few shares earlier this week and one just before it nosedived! Not going to affect my retirement but an interesting experience.

I took a small sum before lunch at 525 ish for about 8%
Not sure I’d have the stomach to have my pension in it

Yeah I got out with a small win, all too stressful for me

MSTR's in freefall now..

Most likely they are taking advantage of the recent froth in the price to issue a big chunk of new shares to fund more Bitcoin purchases

Also MSTRs wallets must be the most targetted things in cybersecurity right now - any serious fuck up by anyone in the chain and a huge chunk of their assets could be gone in a puff of smoke.

They use Coinbase, Fidelity, etc. But I'm sure that there would be quite a bit of interest in acquiring the login details for their account!

I've got less then 10 years before I can quality to collect whatever is left in social security so now is the time to be mindful on the investment front. The strategy is to relocate somewhere warmer I can stretch out dollars without sacrificing citizenship from my country of birth. I don't need millions

What do you mean by 'lack of intrinsic value'?

With regard to MSTR - the fundamentals of the business absent the BTC stash justifies a tiny fraction of the price.

With regard to BTC - it does not have properties of typical stock investments such as conventional assets, cash flow, earnings projections etc. It also does not have the established state backing and regulatory frameworks which provide some degree of confidence in "fiat" currencies issued by non rogue states.

the term "intrinsic" may be too strong for some... that's fine.