2Sem.
Can only be exciting. I'm invested as a gamble, but don't really see much future potential because everything stands or falls with crypto. I'm personally worried about Doge. I'm worried because it's a shitcoin.
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@TheRealGAE
Are they heavily invested in Dodge?
But I also have the impression that Defi is developing differently to Bitcoin.
Of course they are also invested in Bitcoin. But they are also making profits with the increasing number of their products.
And couldn't Defi technology even benefit from a falling Bitcoin price?
@stefan_21
Because as the price falls, the products become more attractive and demand for them should increase.
Are they heavily invested in Dodge?
But I also have the impression that Defi is developing differently to Bitcoin.
Of course they are also invested in Bitcoin. But they are also making profits with the increasing number of their products.
And couldn't Defi technology even benefit from a falling Bitcoin price?
@stefan_21
Because as the price falls, the products become more attractive and demand for them should increase.
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2Sem.
@Tenbagger2024 I don't know the company and its business model well enough to be able to give a competent assessment...
However, if they invest in memecoins, that would worry me personally😅
However, if they invest in memecoins, that would worry me personally😅
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@stefan_21
So according to estimates, sales will remain constant at around 200 million, i.e. a small store.
However, I think that the estimates can be exceeded because new products are being launched on the market.
The profit is only just below sales, which is achieved by an EbiT margin of over 80%.
What is your thesis on the point of whether you might even be able to profit from a falling Bitcoin price?
So according to estimates, sales will remain constant at around 200 million, i.e. a small store.
However, I think that the estimates can be exceeded because new products are being launched on the market.
The profit is only just below sales, which is achieved by an EbiT margin of over 80%.
What is your thesis on the point of whether you might even be able to profit from a falling Bitcoin price?
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2Sem.
@Tenbagger2024 Since Defi itself apparently has Bitcoin and other cryptocurrencies on its balance sheet, a falling Bitcoin price initially also puts pressure on the share price.
Of course, you could assume that they sell more products when the price falls, but you could also argue that more customers buy their products when the price rises. A rising Bitcoin price is and remains the best advertisement :)
So from a gut feeling, I would assume that the share price falls when Bitcoin falls.
Of course, you could assume that they sell more products when the price falls, but you could also argue that more customers buy their products when the price rises. A rising Bitcoin price is and remains the best advertisement :)
So from a gut feeling, I would assume that the share price falls when Bitcoin falls.
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•@stefan_21
I think it will be exciting to watch.
I think it will be exciting to watch.
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