The funny thing is

The funny thing is, despite being an outspoken $MSTR bull all year, I’ve been telling investors to stay away from buying the stock recently.

I own it and I’m not planning to sell it (yet).

The train has left the station.

Investors need to wait for a clear setup with manageable risk in order to step in and buy more, me included.

Now is not that time, in my opinion, and it hasn’t been for a few weeks.

This is why we take positions with clear risk/reward and defined risk management, so that we can let our winners run and generate compound returns.

I’m bullish on $MSTR.

What it does between now and the cycle peak is anyone’s guess.

It can fall a lot and still produce a higher low, then proceed to rally and make a fresh higher high.

All I know with any certainty are these three points:

1. $MSTR will continue to be volatile

2. $MSTR will be correlated to #Bitcoin

3a. $MSTR’s premium will grow as $BTC rises

3b. $MSTR’s premium will fall as $BTC declines

It’s that simple.

Enjoy the ride, stay focused, and lock in.