How to make money by investing in Gold?
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When was that, 20 years ago? Otherwise, it's a huge lie, or maybe you didn’t buy your gold from a trustworthy jeweler. Over the last 5 years, NO ONE has lost money on gold!
Forget bitcoin, this thread is not about bitcoin, stick to topic or your posts get reported!
Still impossible to loose money if you bought the gold buy a real dealer.
Still impossible to loose money if you bought the gold buy a real dealer.
this is a weird idea, buying gold is so silly... of course it will appreciate against USD but at the same is it losing and will be losing value against BTC... what kind of strategy/hedge it is? especially if it clearly has worse properties and those very few where gold wins (i.e. couple of thousands years of history, wide recognition and tangible form) are fading every day
It doesn’t carry the mining centralization risk, for one, the ease of introducing chaos in the ecosystem is another. But okay, it’s almost time to swap gold bars for BTC anyway. ✌️
And because that happened, you think gold is a bad investment? You can find periods of loss in any kind of investment, this seems like a poor comparison to me. But I guess you’ve probably found something else that works for you.
Gold is a commodity, like crude oil, wheat, lumber, frozen orange juice, pork bellies etc. You can make or lose money on any of these.
Btc is different. You can treat it as an investment if you want, and by doing so you provide liquidity to the market. But if you approach it the right way you don’t care about how its price in USD, Eur, gold or Zimbabwean dollars changes.
Btc is different. You can treat it as an investment if you want, and by doing so you provide liquidity to the market. But if you approach it the right way you don’t care about how its price in USD, Eur, gold or Zimbabwean dollars changes.
something very important indeed - allow me to rephrase a bit...
BTC is an implementation of thermodynamic scarcity - a must-have property that is necessary to establish money (a︀ tool to transfer energy/capital in space and time) for what we generally call physical reality︁
scarcity is the property that commodities ultimately fail to provide (including gold and other precious︂ metals) not talking about other properties of money where they lag behind even more
scarcity is the property that fiat currencies, credit or proof-of-stake cryptocurrencies may theoretically have but fail︃ to implement physical thermodynamic constraints to enforce it which disqualifies them to from being used︄ as money for physical world
so yes, BTC is different as it's perfected money -︅ it doesn't necessarily mean it's a perfect implementation (just like for example humans are not︆ the best implementation of an organism) - perfection is not important in evolution, flexibility and︇ ability to serve the purpose is
BTC is an implementation of thermodynamic scarcity - a must-have property that is necessary to establish money (a︀ tool to transfer energy/capital in space and time) for what we generally call physical reality︁
scarcity is the property that commodities ultimately fail to provide (including gold and other precious︂ metals) not talking about other properties of money where they lag behind even more
scarcity is the property that fiat currencies, credit or proof-of-stake cryptocurrencies may theoretically have but fail︃ to implement physical thermodynamic constraints to enforce it which disqualifies them to from being used︄ as money for physical world
so yes, BTC is different as it's perfected money -︅ it doesn't necessarily mean it's a perfect implementation (just like for example humans are not︆ the best implementation of an organism) - perfection is not important in evolution, flexibility and︇ ability to serve the purpose is
gold isn't a commodity anymore which has been used as a hedge.
times changed and people still don't get it.
anyways gold hit a decade long channel at 3400 so there will be high probably a bigger correction where bottom of the longterm channel is arround 2400
times changed and people still don't get it.
anyways gold hit a decade long channel at 3400 so there will be high probably a bigger correction where bottom of the longterm channel is arround 2400
yeah, nobody does, except you... btw didn't you predict some doom'n'gloom by the end of March - did it already happen or are we still waiting?
why so mad ?Did your crypto don't went up to a million like expected ?
I'm making my money with TSLA put options since $390 .Just waiting till it hits $150 before closing and waiting to go long .
But this still does not change the fact you don't understand the new role of gold all central banks on the world are preparing it for.
Would you understand it you would understand what the end price will be and therefor it does not matter what price it had yesterday today or tomorrow but the price will only matter for the day you plan to sell︀ it.
I'm making my money with TSLA put options since $390 .Just waiting till it hits $150 before closing and waiting to go long .
But this still does not change the fact you don't understand the new role of gold all central banks on the world are preparing it for.
Would you understand it you would understand what the end price will be and therefor it does not matter what price it had yesterday today or tomorrow but the price will only matter for the day you plan to sell︀ it.
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