Don't let the "noise" disrupt your rhythm of investing in gold

Now open your phone, and every day you can see various news about gold: "Experts say gold will rise to $3000" "Some institution predicts gold will plummet" "Geopolitical conflicts escalate, gold's safe-haven demand skyrockets"... These messages, like "noise", can easily disrupt your rhythm of investing in gold.

I have seen too many people, who originally had a good investment plan, end up panicking and selling their gold after seeing a message about "gold plummeting", only for the price to rise after they sold. Some people, seeing an "expert recommendation", rush in without thinking, only to get stuck at a high position.

These "noises" are actually someone else's opinions and may not suit you. Each investor's risk tolerance and investment cycle are different; what others think is good may not be suitable for you.

For example, some experts deal in short positions, and their recommended points may only be suitable for short-term operations; while you may be a long-term investor, following their advice will certainly lead to losses. Some messages are based on speculation without any factual basis; trading based on these messages is no different from gambling.

Therefore, when investing in gold, you must learn to filter out the "noise". You can pay attention to some reliable financial data and news, but don't let these messages lead you by the nose. Following your own investment plan, taking one step at a time, is the most prudent way.

After all, investing is your own business; whether you make money or lose money is your own responsibility. There's no need to let someone else's words throw you off balance.