Is it a good time to buy TQQQ for long term?

Current price is 28$

ATH is 88$. It is almost certain that it will reach and break the ATH

We are talking about gains >200% within possibly 2 years

On the other hand, this is a leveraged ETF with high expense rate >0.9%

Generally a bad idea to hold for long term. But assuming that we start seeing recovery soon, would it be a good investment?

I don’t have shares in it yet but am thinking about it.

So far invested in GOOG, MSFT, FB, Tesla, Disney, Coinbase (), DraftKings