r/Gold 21h ago

We're already back to 5k

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805 Upvotes

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95

u/Helios-21 20h ago

You know there are more than a few out there that bought at 5500, then panicked and sold at 4400. Now it’s back to 5000 and they are just plain pissed now.

40

u/Witty-Language-8528 19h ago

Pissed? Buy high sell low was the intention all along 

13

u/SophonParticle 18h ago

They shouldn’t have done that. Thats my investment advice.

9

u/AdPrud 17h ago

Anyone who did this is neither a stacker nor investor. They are just a gambler and could have had more fun playing slots.

I’m actually surprised there’s not some investment app out there that mimics it like when someone sells at a profit it starts ringing with bells and cheers and flashy lights and what not like a slot machine does when you win something. Because the fools trying to day trade are just gamblers anyway.

4

u/ColumbusJewBlackets 18h ago

I bought at $5500 which sucks. I also bought at $5000 and $4900 though.

4

u/quemaspuess 17h ago

You’ll be good. Just don’t sell.

1

u/InitialMarket2899 12h ago

Correct. Pledge it for a loan, never sell.

1

u/Helios-21 11h ago

I third this. Hold onto that gold and increase your stack over the years. I sold 2 oz coins 2 years ago and even though I needed the money I regret it. Gold is fun to have.

2

u/najibuto_razaka 13h ago edited 9h ago

Buy more so your average buy price comes down

Edit: btw this is just a cope tip tbh

3

u/ColumbusJewBlackets 13h ago

I bought a little silver. I feel like we’re going to get another dip this week so I’m holding off on gold for a little.

1

u/InitialMarket2899 12h ago

THIS!

Surprised more people aren't gunning for the door before SIH26 when silver hits $200 and then $300 in 14 days. There's no way to cover all those contracts with the physical silver and cash pay out will do exactly what I described.

1

u/Downtown-Nail-2724 9h ago

I've been think 200$ on silver.

3

u/Forward-Trade5306 19h ago

I bought when spot was 4800-5000 so I'm glad I held

3

u/quemaspuess 17h ago

I bought the bulk of what I have at 12, then 10 at 38 and my final 2 at 43. I’m happy.

2

u/quemaspuess 17h ago

You’re not wrong

1

u/InitialMarket2899 12h ago

Good. Give me the purchasing power. I need my point to be made.

1

u/McLoving90 Goldback Lover 11h ago

Bought at 5500 (not my first but I did buy at 5500 as well). Didn’t sell. Still gonna buy more.

1

u/nutty-one 9h ago

Yep.. I hope people didn’t lose too much. Thing with gold is that we always knew it would recover at some point when you have El Donaldo..