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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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53631811 No.53631811 [Reply] [Original]

Sell gold to buy ethereum, what could goes wrong? At the moment of speaking, gold was $2000 and ethereum $1000 and counting

>> No.53631839

>>53631811
>implying he didn't sell at 4k
>HODL

>> No.53631852
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53631852

>>53631811
>selling literal gold to buy internet funny money that is back exclusively by a failed fiat currency

>> No.53631930

>>53631839
>didn't sell at 4k
Sold some but hodl a lot.

>> No.53632007
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53632007

hah! that's all he has got for venture money? I thought this guy was supposedly a big hitter. man these internet "celebrities" just keep striking out in my books.

>> No.53632008

>>53631811
Gold is the same price and ETH is $1600 now. Not sure what point you're trying to make.

>> No.53632015
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53632015

>>53631852

>> No.53632022
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53632022

>>53631852

>> No.53632039

>>53632008
>Gold is the same price and ETH is $1600 now
The point is, good timing is virtue

>> No.53632058

>>53631811
gold 10k eth 100 incoming

>> No.53632064

>>53632007
Literally the top 1 percentile gigachad

>> No.53632071
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53632071

>Buy a physical asset that can lose 80% of its value if society decides it's no longer valuable/cool VS buying an imaginary sinking asset
You might as well just buy POND or some other usable alt like AVAX or FTM or something.

>> No.53632103
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53632103

>>53632022
>t.

>> No.53632104
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53632104

ANYTHING NOT POW (((INCLUDING GOLD AND SILVER))) IS A SCAM!!!!!!!!!!!!!!!!

>> No.53632109
File: 624 KB, 1053x1389, Central Banks Buying Gold 4.png [View same] [iqdb] [saucenao] [google]
53632109

Theres only one thing they are buying.

>> No.53632112

>>53632104
POW? JPOW!

>> No.53632147

>>53631811
The Ethereum is a wiser investment than the bitcoin.

>> No.53632149

>>53632071
Ain't that also an imaginary sinking asset? Until Marlin tech is out and working, shit doesn't exist

>> No.53632153

>>53632071
Make avax to $1000 first then I would buy the bag, chance are avax is shitcoin

>> No.53632155

>>53632071
Use case le tech coins are memes for retards to buy and feel justified on their acquisition lol

>> No.53632161

>>53632104
This is peak male physique, isn't it?

>> No.53632180
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53632180

>>53632155
Still better than buying a memecoin with no actual value other than the meme itself, I'd rather have cosmos, icp or even pond

>> No.53632193

>>53631811
If you sell gold right now you're a moron. You should be buying it.

>> No.53632203

>>53632071
Yes I'm sure society will suddenly decide gold is worthless.

>> No.53632224

>>53632008
>Not sure what point you're trying to make.
remember what you're browsing.

>> No.53632368

>>53632203
When it can’t pump as much, it’s worthless to me. 100x for starter, 1000x and more

>> No.53632410

>>53632193
>If you sell gold right now you're a moron. You should be buying it.
>Everyone buys gold at the same buy in price.
You guys are retarded.

>> No.53632418

>>53631811
>ETH is up 144%(assuming he bought the top of the daily candle, worst result)
>Gold is up .04% (<1%) measuring from the bottom of the daily candle
Ok so I get trading gold with leverage because that makes up for the lack of volatility but you guys that hold it long term. What the fuck is your problem? Gold is a horrible performing asset. You should literally just buy real estate at this point. It's just as boomer tier but at least it offers utility and cash flow.

>> No.53632528

>>53632418
>You should literally just buy real estate at this point.
Bought into other dumpster fire

>> No.53632550

>>53632410
What the next moonshot?

>> No.53632583

The count number of moonshot is vey lackluster compare to 2017, none of them can get the airdrop before moonshot.

>> No.53632598
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53632598

>>53632071
>gold is considered valuable for 10,000 years
>but then one day, for no reason at all, on February 22, 2023, it was declared worthless by society

>> No.53632806

>>53632550
Mercury dimes
Ticker: FWTDHWAHQAD

>> No.53633085

>>53632598
Enjoy your astroids

>> No.53633358
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53633358

>>53631852
What about it?

>> No.53633554

>>53631811
Well, since railgun sdk has given the possibility of privacy powered dapps on etherem, it's not a retarded move.

>> No.53633564

>sells gold to buy meth
didn't we just have this thread?

>> No.53633611

>>53631852
I know right? What a chad!

>> No.53634302

>>53632528
I don't give a shit about real estate, gold bugs just have this weird autism where if they can't physically see / touch something it's not 'real' so I offer it as an alternative to bagholding coins like fucking Wario.