The prices of gold and Bitcoin are soaring. Is it too late to buy now? Will it continue to rise? #BTC
I see that many financial bloggers are doing analysis recently, but their speeches are ambiguous. They analyze a lot but dare not say whether it will rise or not, as if they are afraid that they will be slapped in the face if they predict wrongly. At this critical moment, you know whether you are paying attention to the right person by paying attention to me, because I have never been so ambiguous in my speech. In this article, I will thoroughly explain to you why gold and Bitcoin are rising, and whether they will continue to rise. And if it’s not too late to buy now, hurry up and like and collect.
The reason for the skyrocketing gold price is neither the EW war nor the BY conflict. The saying that antiques in prosperous times and gold in troubled times is actually limited to ancient times. Starting from World War II, modern wars have not had a great impact on gold. Even the price of gold fell a lot during the Iraq War. If you don’t believe me, you can check the historical data for yourself!
Is that because Chinese aunties are crazy about buying and buying? think too much! It is impossible to push the price of gold to the highest price in human history with just three melons and two dates in the hands of ordinary people. If ordinary people had this ability, A shares would have reached 10,000 points long ago.
The real reason for this rise in gold prices is that central banks around the world are hoarding physical gold on a large scale. The surge in gold prices is essentially the collapse of the US dollar credit system. Everyone knows that the United States owes the whole world a lot of money, and it is impossible to pay it back, right? But no one expected that he would use the newly borrowed money to repay the previous interest because he really couldn't afford it.
Since the end of last year, the United States has suddenly greatly increased the issuance of U.S. debt, with 300 to 400 billion U.S. debt issued almost every month. It is very close to a Ponzi scheme of demolishing the east wall to pay for the west wall. The common people may not be very sensitive to these things, but central banks of various countries stopped immediately after reacting, and immediately began to sell U.S. bonds and buy gold. Essentially, they buy gold as a safe haven, and this is also the reason why Bitcoin skyrockets. In the past, when many countries bought gold, they basically did not waste a lot of transportation costs and actually shipped the gold back to their own countries. But this time everyone really pulled the gold back because they could not trust the United States.
Recently, many people have been analyzing why Bitcoin is rising, but none of them have got to the point.
The reason why Bitcoin has skyrocketed is because gold is too heavy, the transportation cost is too high, and it is too valuable. It can easily be robbed halfway. Some small countries do not even have a decent warship, and there is no way to deal with gold worth tens of billions. Since they were able to return home, these small countries bought a lot of Bitcoins as a hedge after selling off U.S. debt. You can look at the K-line charts of Bitcoin and gold to see if they skyrocketed at the same time. Plus the Bitcoin halving and Bitcoin ETFs have brought a lot of capital injection into BTC!
Will gold and Bitcoin continue to rise after knowing the reasons for their surge?
It will definitely continue to rise, but I don’t recommend you to buy indiscriminately, because gold has been a safe-haven asset since ancient times. It has never had the effect of adding value and preserving value, nor can it beat inflation, nor does it have any investment value. Since it is used for hedging, you have to pay attention to the word "risk". As a global safe-haven asset, any sudden rise or fall shows that the entire world is full of high-risk unknowns.
The countries driving the surge in gold do not expect to make money from gold's rise at all, but only hope to avoid risks. In the same way, if you have a large amount of cash and foreign exchange on hand, you can consider allocating a large amount of gold for hedging, but if you are just an ordinary person who does not have much cash savings at all, you can use your 30,000 to 50,000 to invest in gold. Making money from this is actually very baffling, because no one can sell to the highest point.
After passing the highest point, it will usher in a decline, right? If you are unwilling to fall, just like most people who have experienced the stock bull market, you will find that the so-called money you earn is just a series of numbers on the book. If you can successfully spend the money you earn, Very few people have lost money, and if you bought gold, you must have spent a lot of time researching it. To be honest, with your tens of thousands of dollars, I really don’t think there is much to take care of, so I’d better buy a bank to manage money. . Spend your precious time thinking about how to make more money, what do you think? What's the point of making 10,000 to 20,000 yuan even if you take such a big risk to buy gold?
The price of gold will definitely plummet in the future, but not that fast. Having experienced the plummeting housing prices, everyone should be very clear that nothing in this world will only rise and never fall. No one knows when the housing prices will plummet. Do you have to live on tenterhooks every day just to make this small amount of money?
There are also many people who are even more ridiculous. They go to gold stores to buy gold jewelry in the hope of making money. Gold jewelry has a very high brand premium and profit. Even if gold rises by another 50%, when you sell it, the recycling price will barely cover your capital. If you are unlucky, you will lose all your money. If you are lucky, you will save your capital. Do you think it is interesting?
If you don’t have more than 2 million funds on hand, I really suggest you stop thinking about the rise and fall of gold. It has nothing to do with you. If you miss it, just miss it. You can’t make money beyond your knowledge, and it’s not you. It should be earned. You have lived half your life, and all the things you have done to make money easily, none of them have caused you to suffer a lot. Have you made a fortune? Let them make this fortune. Don’t be jealous. Let it go up if it goes up. What do you think?
Another question that has been asked a lot recently is whether Bitcoin can still be bought now. This question is quite sensitive. If this Weibo reaches 10,000 likes, I will write a special Weibo to explain it to you. Bitcoin. Follow me to reveal more truths about wealth for you.
