I wonder if I should get in now, or wait a little further? At the pace Gold is going, I think it will reach $3k soon. However, Trump's promise to end wars might put a stop to the craze. At least, temporarily.
What are your suggestions/recommendations? Your input would be greatly appreciated. Thank you.
What are your suggestions/recommendations? Your input would be greatly appreciated. Thank you.
Gold has the resilience to hold its price, so buying now or later is the same, as long as you don't get involved in a short-term buying and selling pattern.
Or other considerations such as DCA buying so you can adjust your buying.
Political tensions or Trump's promise to stop the war might affect the price but it doesn't cause the price to fall further so sometimes we will buy using the same pattern as in bitcoin and DCA is still a more effective method in my opinion.
Gold has always been a stable investment although the return issue is far different from bitcoin and usually people who invest in gold are more likely to look for a safe point for storing value rather than chasing quick returns in a short period of time.