Gold has basically reached its peak. The peak for the next 10 years is only around the price range of 5k5. It would be strange if you bought gold at its peak in 1980, as the nominal annual return was not even 5% per year. This means that the trend of strong fluctuations in the following 1-2 years is a winter lasting 10 - 15 years. $XAU
Last year I got caught, still holding to this day, when I talk about it, folks think I'm just talking nonsense. This year I'm seeing a lot of cases. It's exhausting.
XPL is top-tier, with a massive TVL that's 30 times its market cap, a solid network for cheap and ultra-fast transfers, and big backers, but: - FDV still has room for dumping, a large amount will unlock in July - Revenue is nearly zero - The token lock campaign has only attracted whales for testing. There was a guy with CRO who ran a similar campaign and it didn't do much. Price is pumping & dumping $XPL Buy zone: 0.08 - 0.09 Expectations: 0.2 before 15/7
• Social mention ratio for $ETH in the crypto market has dropped to just 8.48%. • That number is lower than even in 2019. • The only time it was lower was back in 2015.
And yet, some of Ethereum's biggest bull runs started when no one wanted to talk about it.
We've seen this movie before. Of course, to go up, you gotta go down. Where's the bottom, are we there yet?
Good news pumps the price, so take advantage of high liquidity to drop some FUD on the treasury wallet and crash the price right away. It's true, playing with the whales feels like a rollercoaster ride. @CZ is sitting on cash to hodl through the losses, but what about you guys?
$ASTER buy more
Luckyluke
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The hype is real $ASTER has to ride the wave too Stack more {future}(ASTERUSDT)
I'm not trading gold, but it seems pretty tough for gold to hit its peak in the mid-term. Gold remains a store of value; besides its material worth, it carries a lot of other values (almost like a mandatory gift in weddings, dowries...) in Eastern cultures. So in the long run, the price will continue to gradually rise. However, if we look at it from a speculative angle, interest rates on bonds and savings accounts are currently more attractive. Real estate in Vietnam is also experiencing a significant drop in demand, weak liquidity, and a lot of cash is tied up in it, which lowers the potential for strong gold accumulation. It's not like there's extra cash lying around to go buy gold. I still hold the view as pinned in the article: Gold will only trend down and be in a sideways range for the next 8-10 years, and no new peaks are in sight.
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