How to Make $2000 Monthly Income in Bitcoin

I personally believe digital assets are here to stay and have utility valuable to society. I do own several coins including Bitcoin and many alt-coins in my account. I am intrigued by the possibility of using digital assets to streamline moving assets around the world. You should try to withdraw a larger amount of money from your bank to see how long it takes compared to sending a coin to anyone in the world in a few minutes. However, being an income investor, I have found a better way to make $2,000 or more income by investing in bitcoin.

We all are aware of the volatility of cryptocurrencies along with the fate of many platforms offering weekly income. You don’t need to look any farther than Celsius to see the carnage to investors. Many chase income by participating in “yield farming” using their cryptocurrency. Yield farming involves lending or staking cryptocurrency in exchange for interest and other rewards. Yield farmers measure their returns in terms of annual percentage yields (APY). While potentially profitable, yield farming is also incredibly risky.

My strategy is to sell calls against MicroStrategy (MSTR) to generate monthly income similar to all other stocks I trade for the same purpose.

MicroStrategy is an enterprise software company, but I dare say no one cares that it has a software business any longer. About two years ago, the company began buying Bitcoin (BTC-USD) to add to its balance sheet, and it has become one of the largest Bitcoin holders in the world. That has made MicroStrategy simply a leveraged play on the price of Bitcoin, because the software business is far too small to matter in the context of the company’s Bitcoin holdings.


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There are a number of reasons to like MicroStrategy as a long-term stock holding. As background, MicroStrategy is (1) trading at a discount to the price of Bitcoin at the time of this writing. This indicates future upside for the stock as it closes this discount. The stock is trading at ¼ of its all-time high when Bitcoin was above $60,000. Chairman Michael Saylor is (2) committed to holding the current Bitcoin (~130K) while adding more in the future. And (3), you get the future upside in the price of Bitcoin. Therefore, you get exponential growth by parity with Bitcoin while the company buys more to hold and grow!

 Now to the income strategy. MSTR is a good candidate for the covered call trade. This trade requires the investor to own 100 shares of stock to sell one call option against the shares. The investor receives a premium for each call sold. This is the income portion of the trade.

At this time, an investor can sell a call with 25 days to expiration for $2,000. This call is 13% above the current trading price for MSTR. Here are the numbers as of this time: stock at $335 with the 380 strike call option selling at $20. This is an assigned return of 20% in 25 days. And, you get $2000 in One Month!

This also plays into the “wheel strategy” for income. After executing the covered call, your shares may get call away at expiration. Then, you sell a cash-secured Put at around the 380 strike price for $2000 to cover the next month income.

You can rinse and repeat each month to generate your $2000 monthly income!