Because of Michael Saylor (@Saylor) … and MicroStrategy ($MSTR) … everyone now knows about the #Bitcoin flywheel for corporate treasury. However … in parallel … very few people seem to understand the #Bitcoin flywheel for individual wealth accumulation. To remedy that problem … I have open sourced my model to make this happen for everyone inside the community. A 🧵… with simple tactical steps that anyone can follow. LFG …👇:
First … buy and HODL #Bitcoin in cold storage via a Trezor wallet or equivalent. You can use an exchange like @krakenfx to buy … and then you can transfer to a sovereign self custody wallet like @Trezor. Go to trezor.io to find one that can work for you. Then do nothing but HODL … perpetually … and always ensure that your stack never ever does anything but stay the same size … or get bigger. Do not 💩 coin … and do not become exit liquidity for 💩 coin bag holders that want your Bitcoin.
Third … and to get leveraged Bitcoin exposure … buy $MSTR directly to ensure that you have exposure to the largest corporate proxy for BTC and BTC volatility. You can learn more about MicroStrategy at stockanalysis.com.
Fourth … and to get leveraged Bitcoin exposure on top of leveraged Bitcoin exposure … simply add $MSTU in parallel to your $MSTR holdings to get 2x MicroStrategy. You can learn more about $MSTU at stockanalysis.com.
Fifth … supplement your perpetual long positions in steps 1 through 4 above … with dividend paying cash flows from the underlying volatility in MicroStrategy … which can be accomplished through $MSTY. You can learn more about $MSTY at stockanalysis.com.
Sixth … supplement your perpetual long positions in steps 1 through 5 above … with dividend paying cash flows from the underlying volatility in Bitcoin … which can be accomplished through both $YBIT and $MAXI. You can learn more about the former at stockanalysis.com.
Seventh … learn how to write covered call options against everything summarized above in steps two through six in order to collect the option premiums in cash from each contract written. You should typically write these covered calls only during their week of option expiration … and choose strike prices at 5%-10% out of the money. I like to do this mid week on Wednesdays just a few days from expiration … but you could also do it every Monday or Tuesday as well if that works better for your schedule. Upon expiration … the written option contracts will either expire worthless … or will get assigned at the strike price if there is a big move up quickly after you write them. If the options are not assigned … just repeat this the following week and collect even more option premium cash. If the options are assigned … then simply take the cash proceeds … rebuy the positions the following Monday … and then repeat again as if they were unassigned.
Eighth … take all of the cash generated from the dividends in steps five and six … and from the option premiums in step seven … and dollar cost average immediately upon receipt in to more $BTC. While you could use this cash for monthly expenses … or fun … make sure to be disciplined in reinvesting as much as you can perpetually to ramp your flywheel.
While I suggested rolling all of it in to $BTC for non-stop DCA purchases of Bitcoin at any price over time … you could also pick direct Bitcoin purchases in step one above … or any of the stock or ETF positions in steps two through six above to accelerate the returns for any or all those flywheel components.
While I suggested rolling all of it in to $BTC for non-stop DCA purchases of Bitcoin at any price over time … you could also pick direct Bitcoin purchases in step one above … or any of the stock or ETF positions in steps two through six above to accelerate the returns for any or all those flywheel components.
Ninth … track the performance of all these steps over time … and rebalance as desired … or tweak as desired … to find what percentage allocation to each works best for your individual situation. I do this across 25 accounts … for LLCs … trusts … funds … family members … and myself … and have found that this approach outperforms the Dow Jones … S&P 500 … and Nasdaq … by a mile. My typical year so far is a triple digit return above the indexes … which is spectacular.
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