OK, got to wait another 10-20 days to finish my MARA DCA.
It is the fast horse in a three horse race between bitcoin, MSTR and MARA, imho.
MARA should 10X if bitcoin 2-2.5X.
I invested and plan to invest a small amount, thou, just to see if my reading of the situation is correct.
It is not a race.
Those shitcoins are derivatives of bitcoin.
Sure, they may well outperform bitcoin, but they are based on bitcoin. If bitcoin did not exist, then those leverages on bitcoin would not exist, either.
So there could not be a race, even though purportedly, you are putting them into your investment portfolio based on such a framing of a supposed race/competition.
These are stocks. So, in you mind stocks are s-tcoins?
Yes, you can call them derivatives, sure, similarly how bitcoin options or futures are the derivatives of bitcoin.
Strictly speaking, ETFs are also kind of derivatives because they are based on bitcoin, but not bitcoin themselves.
If in any doubt, ask your ETF provider to give you back bitcoin in lieu of your bitcoin ETF stock and see what happens...nothing.
Basically, I am treating MARA as a bitcoin option that would never expire (as long as company does not go bankrupt).
Accordingly, I am investing relatively small sums..for kicks, giggles and, perhaps, an extra return that I could spend.
Sure, I could roll my 401k into some other kind of a service provider, yet I kind of like my current 401k, even though it is limited in what is available.