/biz/ - Business & Finance

I have sinned frens. I was really thinking about buying 50g gold bar 2 days ago and then I just put it as a hedge into my other bank account which I can't use to pay anything, just store my cash in there. Now I see gold going up bit over 1% and the gold bar is almost 30-40€ more expensive today. I just transferred the amount back to my account and gonna buy the bar on Tuesday probably when the money arrives. Ironic thing is that the second I buy it, gold will go down 2% anyway. KEK

Let’s be honest bros, deep down we’re all just in this to make money. So far as I can see blockchain has absolutely no real world applications aside from paying drug dealers and I’ve been here since 2017. Perhaps you could be charitable and say Bitcoin has value as “digital gold”, only because it’s proven its longevity however all the other tokens are a complete joke, anything they propose to do could be accomplished more efficiently without needing to speculate on Monopoly money.

t. used to own 20k link, sold 15k in the $35-40 range. Not really bothered about selling because I wouldn’t be surprised if there’s another cycle of hype and speculation in a few years. I’m holding onto my bags in the hope that the “tech” can hoodwink someone even stupider than me to buy them in a few years and I’m not afraid to admit it, so is everyone else