Café

Maximilian · 2025-01-22T18:32:24.354268Z

Do any of you invest in coffee? $3CFL The ETF has delivered an impressive return.

Metis@Metis

9Mês

Sorry, that's us with our coffee consumption in the event business. 🥴☕

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Maximilian@Max095

9Mês

@Metis The 5-year performance of the ETF is really sick. Even Bitcoin looks old in comparison 😀🚀

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Patrick Schäfer@Hotte1909

9Mês

Same picture as Kakao 😉 but good that you mention it I missed the entry at 120 again. Last week. Today it's back up to 145 $LCOC
Edit 141 😀

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Maximilian@Max095

9Mês

@Hotte1909 It's always a pleasure🤣 It's crazy what you could make money with.

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Maximilian@Max095

9Mês

@Hotte1909 Do you think the coffee has gone too well for a trade?

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Patrick Schäfer@Hotte1909

9Mês

@Max095 or lose money 😀 although I don't really understand these resistances. I don't know about coffee, but cocoa has been bouncing around between 115 and 150 for a while now.

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Maximilian@Max095

9Mês

@Hotte1909 Unfortunately, I don't really know how to value such raw materials either ... 🙈

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Patrick Schäfer@Hotte1909

9Mês

@Max095 Well, supply and demand is logical 😉 I'm actually ignorant about my resistors. So far it's worked quite well twice. But it's probably just luck. I am by no means a commodities expert. But I can tell you that the high price is not a speculative bubble, but that cocoa and coffee are in short supply due to the poor harvests in recent years. I don't know to what extent this justifies the price. It's a leveraged product

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Maximilian@Max095

9Mês

You're right about that. You can also see it in the prices in the supermarket. Exciting for short trades. Maybe I'll try my hand at coffee 😂

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Patrick Schäfer@Hotte1909

9Mês

@Max095 tell us about it when you have dared to do it. Personally, I would probably try to get in somewhere around 11.5

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