DCC 0.00% 4.8¢ digitalx limited

The Road to Recovery, page-84

  1. 4,191 Posts.
    lightbulb Created with Sketch. 629
    unfortunately a lot of investors comparing Bitcoin
    with DCC, Bitcoin is a cryptocurrency and DCC is a company. Yes DCC goes up and down sometimes with BTC and so whole crypto industry does as BTC is a leader of crypto industry, however please find out difference between DCC and BTC.

    Shareholders who believe they should have bought BTC instead of DCC need to understand that you can't buy stock on just "speculation". If you bought DCC because of BTC then it was a speculative thinking and it's your own fault. You need to check many things about company, such as balance sheet, ROE, ROA, Debt, dividend, Cash Balance, Past performance, Future potential, projects, Management and expenses of company. I bought this stock after their great performance in 2017 and that time their ROE skyrocketed to 955 %. I didn't even know DCC's Price moves with BTC.

    Currently You cannot expect dividend from a company has Share Price 5 cents lol.

    You should diversify your portfolio with different cryptocurrencies and different companies from different industries which will reduce risk. You shouldn't put all your investment in one place.

    Thanks
 
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