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Mark777
@Mark777
2Wk·

Coffee ETC

I've had my eye on the $COFF (-0.1%) in my eye.

Now with the unfavorable climatic conditions and harvests and rising prices, it would be a good investment.

What do you think?


LG Mark

3
19 Comments
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ClaraLvt@ClaraLvt
2Wk
I find $3CFL better since the price can’t stop to grow
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Maximilian@Max095
2Wk
I've already thought about it
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Mark777@Mark777
2Wk
@Max095 You can almost see it as a staple food🙂
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Maximilian@Max095
2Wk
@Mark777 That's right. The performance of the leveraged ETF in particular is insane
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Mark777@Mark777
2Wk
@Max095 I have always been against leveraged investments, but this is very interesting.
As far as I can tell, you can't lose more than the stake.
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Maximilian@Max095
2Wk
@Mark777 Are you buying the ETF? It can quickly go in the other direction 🙈
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Mark777@Mark777
2Wk
I will definitely do it...go in with a moderate stake.
By the way, this is an ETC
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Patrick@Pazi3
2Wk
Is this a display error or has $COFF seriously gained 3000% since 2023?
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Mark777@Mark777
2Wk
@Pazi3 Since circulation 1400%
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Caynify@Caynify
2Wk
Cocoa in the same way 😅
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Patrick@Pazi3
2Wk
@Mark777 I probably caught the wrong day. The one from the post has 3000% 😅 is sick after all
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Mark777@Mark777
2Wk
@Pazi3 right, that is a display error
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Alfred E.Neumann :-)@Papiertiger
2Wk
Did you even understand the ETC?
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Mark777@Mark777
2Wk
Yes, the issuer risk is higher and the stake is not hedged.
The leverage results from bonds.
A short holding period is an advantage here.
Please correct me if I am wrong.
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Alfred E.Neumann :-)@Papiertiger
2Wk
@Mark777 you buy a rolling 4 W index with furtures. Recommend to at least know what cobtango effect is. This means that the price tends to always be lower than the real coffee price. Just don't get the idea to hold something like this for a long time or as a savings plan. Just my amateur opinion 😂
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Mark777@Mark777
2Wk
@Papiertiger No, I don't do that, 24 hours as a rule.
Closing out from day to day or rolling loss also causes costs, so you should sell beforehand at an acceptable price.
The synthetic representation of the index is usually worse than the physical one.
But the aim here is to take advantage of the short-term price increase.
Around 4 p.m. is a good entry point, at least that's my feeling based on the chart.
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Mark777@Mark777
2Wk
@Papiertiger can you actually write PN's here ?🤔
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Alfred E.Neumann :-)@Papiertiger
2Wk
@Mark777 nope also better this way before spamming or scammers get on your nerves. 🥸
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Maximilian@Max095
1Wk
@Mark777 $COFF looks exciting again 😀
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