Oddbean new post about | logout
 Hey anon, time to start reducing your MSTR position. Reverse daily DCA it. 

Lots of overexuberance in the marketplace. BTC moved 0.75% today while MSTR moved 13%. That tells me ppl are fomo'ing in. You've heard the adage, buy when there's blood in the streets right? We'll the opposite applies as well.

If you've got no 401k/IRA shares look to reduce those positions first. Bank your earnings by rotating into self custody BTC. If you've got it in a tax advantaged account, I guess you can rotate into one of the ETFs. Or better yet, get yourself an unchained account and hodl real Bitcoin.