Afternoon everyone…..
What people say and how they react to situations is mind boggling. I have had people say the most ridiculous shit to me about cryptos and metals recently, it’s giving me a headache.
While I am by no means very knowledgeable in crypto. I do understand it and I research tokens that I am interested in. If the token serves a viable purpose and has a practical application then I buy it. Not because I just expect it to moonshot during the next bull run. While I do take profits at times, I am still trying to build a crypto portfolio.
Stupid people buy while tokens are at their current peaks, then get pissed off when the consolidate.
Then all they say is crypto sucks. It’s one big Ponzi scheme. Sure countries are accepting it as currency and Fortune 500 companies are buying it, but it’s a Ponzi scheme. GET FUCKED MORONS
Same with precious metals, silver has exploded and people are quick to say it’s a shit investment. They obviously don’t know shit. First off gold and silver have outperformed the SP 500 three years in the last decade. That to me qualifies as an investment. Yet I consider gold a guaranteed savings plan. It will always retain its value and buying power.
Silver is also the same to a degree. It’s much more volatile than gold. When Metals bull run, silver will far surpass gold in gains as proven many times in the past. Just look at where the gold to silver ratio is now.
Knowledge is everything. No matter what it is, investing, technology, a trade you name it. Without knowledge and continuing to gain knowledge you will fail.
