5D·

Why did the share price plummet?

$3350 (-0.98%) What's going on at the moment? Bitcoin alone can't be the reason for the massive price drop...

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13 Comments

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Only Bitcoin is very much the reason for the massive Kursrückgang🤷🏼‍♂️😂 in a quasi pure Bitcoin treasury company.
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@All-in-or-nothing Crazy logic! 😂👍🏼
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@All-in-or-nothing BTC + capital leverage + risk margin of treasury companies = disaster if BTC falls.
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Bitter moments unfortunately, first $INT, then $DRO and now $3350. Really not nice for all those involved, but I hope they all take with them the experience that in addition to greedy 😉🙃 profit expectations, the downward view should never be neglected when trading. If you are thinking about entering a trade, have your booklet and clearly note the exit scenario for both profits and losses. And stick to it. One or two euros will certainly not be earned because you got out too early. On the other hand, you won't lose that much if things really go downhill. And if you are out, keep your hands off the stock. History rarely repeats itself. For example, I still had a score to settle with $INT for the heavy losses when the SL hit €8. I was briefly emotionally inclined to place another trade, my little book and the consequence of once is not once and twice is once too much and holding on to it prevented further damage. However, I honestly couldn't let it go 100% and entered a second time at $DEFI after a successful trade. That was at 1.74. We know where it stands right now. It doesn't hurt me, but it annoys me immensely. It was the same with $HIMS the other day. Harmless due to clear downward loss limitation, but a disaster for many others with a tight budget. I would like to take this opportunity to warn you once again to avoid such "gambling sprees", especially at the beginning of your investment career. The unrealized dream of quick riches may end your willingness to invest in shares far too quickly and you may lose an opportunity that you will look back on with gratitude in 30 or 40 years' time
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@Dividendenopi Well, $INT is a different matter than a "normal" crash of hype stocks. The latter have only come back down to earth and may now have the chance to grow slowly with their sometimes good products. And yes, I am/was also in some of these stocks that have found their way down.
I have now invested some of the remaining money in $LHA $TUI1 or $WDC. 😉
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@TradingHase also well... Balance sheet optimization postings are one thing, oops we made a mistake when publishing a relevant order is another, plus insider sales and "rats" abandoning the sinking ship. As we all know, you're always smarter afterwards anyway. You should reflect intensively on such news and question it in other areas as well. But it's also damn hard to get reliable information from the Hypies. So gamble in the fog as long as you can and live with the consequences, or don't. I sometimes feel reminded of dotcom. And the appeal of gambling is hard to turn off, just like quitting smoking. I bled 25 years ago, so I'm very careful, I'm also holding back now and going for a smoke 🚬 😘
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@Dividendenopi I've given up smoking straight away. Have a cup of tea to calm down. 😉 Yes, with anything that's high risk, you never know 100% what you're going to get. Tenbagger or zero number. I still have hope that $INT will continue.
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@TradingHase I think you can be grateful to $INT if it becomes tradable again at all and is not delisted immediately.
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@AxoWallStreet I'm afraid too, but the hope...
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In your opinion, why can't that be the only reason?
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I've now sold the scrap. Bitter but you have to get through it.
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Hype stocks just do hype things 😂
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