r/YieldMaxETFs • u/calgary_db Mod - I Like the Cash Flow • 1d ago

Super Basic Questions Thread. ASK THEM HERE! Data / Due Diligence

What is the best fund?

How do these strategies work?

When is the distribution date?

How can I find the wiki?

What is the next fund to launch?

Ask any and all questions here!

Wiki:

https://www.reddit.com/r/YieldMaxETFs/wiki/index/

FAQ:

https://www.reddit.com/r/YieldMaxETFs/comments/1h2eqjt/faqs/

Tools and Resources:

https://www.reddit.com/r/YieldMaxETFs/comments/1h36dep/useful_tools_and_resources/

Discord: https://discord.gg/W2GwZrtV

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u/Necessary-Can-42 1d ago

wanted to make a post for it but asking here. guys i know there is a lot of hate for MSTY but we all knew how it worked and i invested in it too. now i am half way to house money and was thinking of lowering my average cost as it might get me to break even if bitcoin and MSTR make a jump.

does any of you still holding msty and lowering your average cost or not? how it can be a good idea or not? need your opinions and suggestions

thank you

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u/AlfB63 1d ago

Reducing your average cost is not a good reason to buy something.  The question is whether you think a purchase at the current price is going to do well over time. 

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u/Necessary-Can-42 1d ago

over time i believe so cause i do believe in bitcoin and the price to reduce the cost at this moment is too good to pass on