Sup peeps, quite a while haven't been around. Hope all's well and great to see the crypto market green. Well today discussions will be more on Stocks instead and i'd like you to take a moment to watch this video on Naguib Sawiris an Egyptian billionaire putting half of his net worth into Gold
Well, its not just him many other economists and investors also agree to the fact the this period seems pretty much like the dot com bubble/ 2008 market crash period. I'd highly encourage you to listen to @marketreport and also check out this video too...
With that said as far as gold is concerned had a nice consolidation and maybe we play around ~1290 to 1320 for a while only to shoot it to the sky. I believe too gold is a much safer bet than stocks especially in such uncertain times. Well i have bigger limit buys for gold placed at ~1292 which hasn't triggered yet.
Moving on to Jeff Bezos, and over inflated stock price especially Amazon hitting over $1630 per share making him a staggering fortune of ~140Billion at its peak...Well as traders it was a perfect time to short everything was just in our favor. Double top, overbought RSI,the stock market crash rumors... Though i have realized that its not a good idea to bet against Jeff Bezos, this was a relatively safer one and i went in for it...Unlike the self proclaimed master traders and analysts i do post my loosing trades too hahaa...
In the next couple weeks this is what i guess is likely to happen with Amazon and with many other stocks for that matter...Well need to look out for 1560 & 1520 supports too, as i have said before got to be very careful betting again brother Jeff...What do you think?
Well all the indicators are showing strong buy though... But !
Well if there is one thing that you would want to take away from this is that its not a good time to looong now in stock and go ahead accumulate gold...My only concern is how well are stock and crypto related as in if at all we see a stock crash how that will affect the crypto market as i hate the idea of selling in crypto AHHH...Well, lets see.. Would love to hear your comments and ideas..
- this is not an investment advice, please DYOR
If you enjoyed it please do post your upvote, comment, resteem & follow.
Bitcoin : 1EDEU9A9D1pJYGkM8JaEEUgdH7U8yUNeXp
ETH & ERC 20 tokens : 0x277be3fe5b9b6fed7eff380bff320f9c1caf69a2
Steem & SBD : @amreshchandra :)
Gold is the must safe for investment.
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Yeah heres some for you too 👑🏅 ...glad to connect mate
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Great article, thanks for sharing. I've smashed the upvote button for you!
Also, if you are looking to get some tokens without investing or mining check out Crowdholding (https://www.crowdholding.com). They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.
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Thank you for that info, I will look for it
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Will check..thanks for updating brother.c ya arnd 🏅🚀
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Hello @amreshchandra nice to meet u. First of all thank you for upvoting my 1st steepshot post. I read your post but i didnt understand because i am not good at business,stock market etc i am a medicine student..
Thank you
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Wow, doctor 🍾way to go brother. You may want to spend some time studying market mate, walk in the park for you considering you are a medicine student haha 🏅
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Ya i want to learn it
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Been so long you've posted and I know your return will surely bring enough good stuffs and news
Who I'm I to bet against jeff
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Yea bro was busy with exams,project, work n all...Nice to see you too 😎🏅
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Okay
I wish you Good luck on the results
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welcome to friend!
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Thanks bro..you have been consistent in posting ...grit..much to learn from you💪😎
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I want to raise my steemit level. Can you help me.?
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Just keep posting, curating,commenting , resteem..its easier when you have a group..Well you are relatively new just a month..So as you said beginning is always the hardest😎👑
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nice article
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thanks for sahring
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You got a 20.96% upvote from @postpromoter courtesy of @amreshchandra!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
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This post has received a 16.05 % upvote from @boomerang.
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Verry good👍
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Coins mentioned in post:
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Anti NWO Token!
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