I believe the only condition that will make SHFL's market valuation absolutely bearish is, low revenue + bear market. But that's probably a golden opportunity to buy. ¯\_(ツ)_/¯
This is not the condition that exists on Shuffle.com platform that has a big business and good revenue. They have a good revenue flow and can use part of it for the token buy back and burn.
The token price can fall together with Bitcoin dip but it is chance for accumulation if an investor understands the Shuffle platform business and believe in this company. Corrections of Bitcoin are going but it will finish correction soon and some months after Bitcoin halving, we will see a very big bull market.
Shuffle is performing well in terms of profitability before the introduction of their tokens so you’re right when you said that their good revenue flow can help a lot to boos the price and at the same time burn a huge percentage of token since they are buying it back on lower price which is very good for the future valuation.
It’s dumb to sell SHFL tokens while the whole market is on correction since the current price is way undervalued considering it’s current supply and the token burn rate.
I’m only waiting for this exchange to be available on cheaper fee blockchain such as BSC before I start to DCA. Doing DCA on Ethereum DEX or the current CEX seems not a good idea due to high fee and huge price spread on CEX.