1D·

📉IREN📉

I believe that $IREN (+1,2%) still has a lot of potential and it will make a lot of money to us, but it’s impossible to don’t think about the losses, how do you preview the future of this stock?

Thank you for your opinion

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10 Comentários

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@Klein-Anleger1 I’m still bullish and with $CIFR too, but since I’m new to investing and still learning out there still is a little bit of fear.
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@tbotelho_ I have a buy in of 55€ at $IREN and a 18€ at $CIFR, i know it’s high but it still has margin for profits and I’m taking part of this mini dips to lower my buy in (with the money that i have available). What are your thoughts on these buy in?
If you are worrying your losses in Iren After this small pull back in Not Sure if Iren is the Right Stock for you, If a stock Stresses you, Sell it.
Im still bullish for Iren, But it could fall 50, 60, 70% before getting to all time high
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@Wravo I’m still bullish also and believe that the ATH is away from this prices, if I had more capital available I would be buying now to lower my buy-in.
The only aspect that worries me is my high buy in (55€) compared to some people and the rotation of investors to another sectors.
sold it yesterday by stop limit
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Depends on how the future business model evolves. At least, Iris Energy made up the point, that focussing on crypto alone is quiet risky as when some people do influence the behaviour of investors via X-messages or TRUTH-messages.

So, they face the same issues, that every service provider had before: Calculating HPC workloads is nice, but how to transmit the data back and forth and what time does it take and how much does that cost?

If Iris find a way to solidify their business, they are a good addon to buy for hyperscalers like Amazon, Microsoft, Google or IBM. So...currently: Win-Situation, but nevertheless: Keep track on the development of their business.
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@StrahlemannLP Exacty, the influence from X is very scary because just a message from an influencer can change the whole market, I only got that ideia now since I got more involved with X also.
I believe that the business model is good and it’ll be needed. But there are always new technologies appearing and they could have some problems.
Thank you very much for your comment!!
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@tbotelho_ My pleasure. It is therefore right, that new technology does popp everywhere up, the thing is: Some foundations keep the same: If you want to simulate stuff, you need a lot of data. There are convient ways of transferring large amounts of data from one point physically to the other - because you or your customer do have the feeling of having their business existence, which is data, in here own hands and premises - but they are time consuming.

Mostly, outsourcing completly is a step, which many business owners do regret after some time, so you do have that fundamental problem. And the need for having high computational power will never end as the problems of mankind do rise in complexity too.

So...as said: Keep track and buckle up for stormy weather: As long as Iris is not shutting down their business, there are really high chances, that they can play in this game for a while. We will see.
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@StrahlemannLP Appreciate your message! Makes total sense what you said — really good points, thanks for taking the time to explain it.
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