Is trading gold for crypto the right play today?

in LeoFinance11 days ago

not financial advise blah blah do I even have to say that anymore ? What if I don’t? FBI OPEN UP!! Lol

I just made a post about everything pumping.

Silver and gold stackers aren’t the trading type.

I mean, how do you trade physical metals?

Wouldn’t the premiums make this unfeasible?

Don’t want to give you the wrong impression, trading is horrible, terrible way to spend your time. If you do trade though it would be with stocks or crypto, not physical metals

However. Isn’t gold and silver money? Don’t you invest money ?

So if everything is pumping, its time to put your money to work

Let’s be real, is gold going over $5,000 soon?

Probably not

But so many coins have already doubled since last week… so why not capture those gains?

I mean, if you had 10 oz’s of gold, and were able to buy crypto with it, and buy back 100 oz, why wouldn’t you? Don’t you love gold?

Easier said than done obviously

But sometimes, you can throw a dart into the crypto world and absolutely crush it

There are some pieces I would never sell.

I have a 99999 1 oz gold coin that I really like a lot. That extra 9 isn’t a big deal at all, but I like this piece so why touch it.

Let me check if I have a pic of it

It’s a beautiful piece I don’t see myself parting with it. But I think to myself why not, I can flip it and buy it back and keep the difference. But seems like a lot of work when crypto is already moving so much.

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It's been the right play every day since some time in 2009 😂

hahaha seriously, only people who bought gold 2015 are feeling giddy, so many others waited over a decade to see mini gains haha

Still a good idea to have that gold around. If the sun throws out a huge solar storm and destroys half the electronics on earth that gold will be nice to have! Hopefully that never happens, crypto is a lot of fun!

I have some pieces I don’t see myself ever cashing out

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It made me laugh when you asked if Gold was going to $5,000 soon... Golds "Melt Value" will soon go to $90 per ounce, payable in U.S. Gold Coins... $90 in U.S. Gold Coins will have the "Spending Power" of 9,000 of today's Fiat USD's...

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