RE: Looking at $LSTR, the Latest LeoFinance Token
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I would be cautious about this one!
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You are viewing a single comment's thread:
I would be cautious about this one!
Funny to say when you haven't looked into it :)
How do you know I haven´t looked into it?
On the H-E, the spread on LSTR is suspiciously high. So there is a high risk for LSTR buyers that they can´t sell their tokens without a huge loss. This is not a good sign.
Also it is quite bold to repeatedly compare LSTR with MSTR. Mike Saylor doesn´t asks investors to buy a dubious coin. All he did in the lasst years was buying BTC, and luckily it turned out his decision was a good one so far. But he did it on his own risk. If BTC would have tumbled, so would his company. If LEO tumbles, the LSTR buyers will suffer, this is quite a difference.
This is easy to debunk by looking at the order book. We are still in initial sale, so this is 100% expected and ordinary.
He asks them to buy MSTR stock.
Sure, same as MSTR. However, like MSTR, we will have 0 liquidation risk bonds to IRL investors who want steady yield and exposure to crypto.
Not really. Michael Saylor anyway - if people are buying MSTR or not - stacks BTC as a company strategy, over the years and he had started even before the stock started to pump. It is not that they have to buy first and he then buys BTC.