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RE: What is Intrinsic Value?
Interestingly, I have earned more fiat speculating in the gold space than in the crypto space over the same time frame (two months), in a ratio of 3:4.
Interestingly, I have earned more fiat speculating in the gold space than in the crypto space over the same time frame (two months), in a ratio of 3:4.
I think that comment says more about your inability to trade crypto than proving your point. Almost everyone in crypto knew for instance that WTC would go up and it went up 800% in the last month. Im not anti gold either Im simply pro-maths and pro-profit.
I don't see myself as a trader :)
Its irrelevant wether your a trader or not, you have stated you made more speculating on PMs than on Crypto in the last two months. This is absolutely no indication that the gold market is more profitable it is simply an indication that you personally have not profited from crypto. Wether gold is more profitable than crypto over the last two months isn't up for discussion the proof is there for all to see in the figures. If your not capitalising on that then thats your choice and i wish you all the best but your experience is by far and away the exception not the rule :)
Its irrelevant wether your a trader or not, you have stated you made more speculating on PMs than on Crypto in the last two months. This is absolutely no indication that the gold market is more profitable it is simply an indication that you personally have not profited from crypto. Wether gold is more profitable than crypto over the last two months isn't up for discussion the proof is there for all to see in the figures. If your not capitalising on that then thats your choice and i wish you all the best but your experience is by far and away the exception not the rule :)
And your point is? I think you've lost sight of the original discussion thread.
This from someone who thinks ideas have no value 🤣
Your style within this interchange was exactly what I thought. Steemit promotes friendly discussion, but you are more interested in an adversarial style - and you went off-point.
Whats your point is the question? Is it not adversarial to make lots of irrelevant counter points and then be offended because i have no interest in engaging someone who doesn't seem to have much of an understanding of the topics? You stated that you made more 'speculating' gold in last two months. then pick me up because I used the word trade. like most you can only discuss terms and semantics. I simply made the point that if you seriously believe there is currently more profit in speculating or trading (or whatever pedantic term suits you) in gold rather than crypto then good for you but the data clearly shows more profits in crypto. You seem to feel a need to win a point yet you have no argument that gold is more profitable to 'speculate' than crypto. Its your personal belief and thats fine you stick with what you know .... Have a nice day.