SILVER LONGTERM VIEW - HODLING DOESN'T PAY

511
Hodling is an irrational concept, not just for millennial cryptocultist but also old school comms hoarders. This chart shows it is going to get worse, at least lose half of it's current value before rising. So much for hoarding and that the intrinsic value of metals would simply keep rising by magic and make someone rich. The chart is similar to the crypto charts {Parabolic advance & break of advance} apart from the fact that crypto cycles are in terms of months and weeks and not years like silver.

*** Trading is active seeking of profitable arbitrage opportunities, capital protection and efficient use of that capital, hodling is sticking one's head in the sand and hoping everything will work out.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.