interesting your investment strategy is based around high profile ppl doing something so it must be right. i hope you have enough money to follow the crowds.
even if we say crypto is here to stay (i'm not denying it), its a matter of picking the crypto which will end up on top / highest market cap. many of these alternate coins will fall by the wayside
back to DCC, why does the volatility of BTC over the past 3 months mean automatic revenue for DCC ? I understand there is opportunity, but why guaranteed revenue?
Do you understand they consistently advertise their BTC holdings on financial statements? they report it as a current asset. to any investor is not good to hold volatile assets, cash is king.
let me provide some actual metrics for you instead of prediction or guessing:
DCC share price 09/01/18 = $0.41
DCC share price today = $0.165
DCC market cap has gone from $200m to $80m in the last 3 months
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Last
4.6¢ |
Change
-0.003(6.12%) |
Mkt cap ! $39.85M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 4.5¢ | $52.82K | 1.131M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.7¢ | 157612 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.046 |
6 | 347000 | 0.045 |
4 | 194181 | 0.044 |
3 | 55000 | 0.043 |
5 | 213000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 157612 | 1 |
0.048 | 208354 | 1 |
0.049 | 208420 | 2 |
0.050 | 447958 | 2 |
0.051 | 200000 | 1 |
Last trade - 15.57pm 14/06/2024 (20 minute delay) ? |
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Last
4.6¢ |
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Change
-0.003 ( 4.17 %) |
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Open | High | Low | Volume | ||
4.8¢ | 4.8¢ | 4.5¢ | 653637 | ||
Last updated 15.55pm 14/06/2024 ? |
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