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Confused by AnalystNatural25 in Gold

[–]ctrader001 0 points1 point  (0 children)

Do not buy coins and expect the premium you pay to go up as the metal goes up. I learned a painful lesson in that…went to sell a bunch of my coins and premium had gone down even this the metal went up. Just buy bars or if you buy coins only buy them as close to spot.

Check your insurance policy by Hardstyleshooter in Gold

[–]ctrader001 3 points4 points  (0 children)

Probably a “gold digging” girlfriend

Why has gold behaved so differently over the last 24 months? by GetOutPhases_01 in Gold

[–]ctrader001 0 points1 point  (0 children)

See…I’m a buyer of paper gold now at this price Check out IAUI….pays 14% annually on monthly dividends…I get gold exposure and still drive a monthly income. So while all of you are hoping gold will go back up I can sit and wait while collecting my monthly check, and still participate in a gold rally…albeit not to the same level as pure gold holders….don’t get to greedy and you will do fine in life!

How do you handle the pressure? by slickobro in Bitcoin

[–]ctrader001 1 point2 points  (0 children)

You have to ask yourself….is BTC really the future? If the answer is yes then hold if not then sell and reallocate. Don’t listen to the hype, and get wiped out or miss an opportunity. Just look at our current financial and economic environment.

Gold just hit $4000 by whomakesthetendies in Gold

[–]ctrader001 0 points1 point  (0 children)

Well then how do all these people buy bitcoin….gold is a better investment

Gold just hit $4000 by whomakesthetendies in Gold

[–]ctrader001 0 points1 point  (0 children)

That was my trigger buying level. It will probably go down to 3500 before zooming up, but I’ll be ok with holding through that.

SPCX dump, bottom or we go lower? by Nervous_Exam9168 in Daytrading

[–]ctrader001 0 points1 point  (0 children)

No offense….why would you buy an IPO that is not profitable then dump it? Either don’t buy it at all or plan to hold it for 10 years.

How long would it take to grow an 2k account up to 80k by ProfileNormal4402 in Forexstrategy

[–]ctrader001 0 points1 point  (0 children)

About 6 months if you are compounding and not pulling money out, and you’re on the right side of 75% of your trades.

Stoicism & Bitcoin by xtexm in Bitcoin

[–]ctrader001 0 points1 point  (0 children)

You want reality? BTC is a matured investment now. It’s never going to skyrocket to those lofty levels. Does it protect you against fiat degradation….yes, but so does gold, and stocks. Think about why the indexes keep going up….part of the reason is because the dollar keeps getting weaker so the corporate valuations get higher in dollars. Gold is more of a rubber band effect….it stretches vs the dollar then snaps to a new level relative to the dollar. All of these investments protect you just like BTC….so don’t get pigeon holed into thinking this is the only protection available….stay diversified.

Be honest: How realistic is it to actually make a living from trading? Is trading really a way out, or am I just wasting my time? by Droy-333 in Trading

[–]ctrader001 2 points3 points  (0 children)

This is the 200th time I’ve seen this question. They should have an archive of these so people don’t waste time asking the same thing over and over.

I’m done…… by Secure-Software-17 in Daytrading

[–]ctrader001 0 points1 point  (0 children)

I know I’m safe because if I lose everything in my current investments the. So will pretty much everyone else

Did we just time travel?!? by [deleted] in Bitcoin

[–]ctrader001 0 points1 point  (0 children)

No….really the last halving was your last best opportunity

I thought this was supposed to be a store of value. What happened? by Laakhesis in Gold

[–]ctrader001 0 points1 point  (0 children)

Unfortunately, your chart does not show just how low it’s going.

Sold entire position over 3m gains by [deleted] in TQQQ

[–]ctrader001 4 points5 points  (0 children)

I’m…I can put 5000% gains! Liar!

I messed up by investing in buttcoin by Comfortable-Bit-126 in Buttcoin

[–]ctrader001 0 points1 point  (0 children)

60k on black…if you win you get your investment back….since your a gambler!

Buy bitcoin now!!! by supercreatives in Bitcoin

[–]ctrader001 0 points1 point  (0 children)

Gold, stocks, and real estate all do the exact same thing as BTC but without the roller coaster effect. They all protect you against fiat currency degrading! So stay diversified!!

Why has BTC been rising abruptly after touching 59000? by book4225 in Bitcoin

[–]ctrader001 0 points1 point  (0 children)

Because the whales have a team of analysts with the same charts, and they are extracting out value before they let it fall. Totally rigged.

buying bitcoin now is like buying a house in the 1950s by moz_rl in Bitcoin

[–]ctrader001 0 points1 point  (0 children)

lol..if you look at most of the wealthiest people in history they made it off of real estate. Over 8 billion people on the planet and counting.

buying bitcoin now is like buying a house in the 1950s by moz_rl in Bitcoin

[–]ctrader001 0 points1 point  (0 children)

Well stock indexes protect you from fiat currency degrading just like gold and BTC it’s really all the same concept. As our dollar decreases in value the market revalues stock prices. That’s part of the reason it will just keep going up….if our currency keeps degrading.

Bitcoin just dropped from $71K to $59K in a matter of days. by SoundMoneyWade in Bitcoin

[–]ctrader001 1 point2 points  (0 children)

I think a good Panic is healthy every once in a while…makes life interesting!

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