Gold isn't increasing in value, USD is the one spiraling down the toilet
Everyone is talking about Gold's ATH crossing 5000$ in a "gold bull run" , But we offen forget that Gold is the unit of value measurement - stable by definition . The charts below show clearly just how far the once mighty US Dollar has fallen. Now before we dig deeper into this you need to start seeing the chart from a new perspective, by looking at gold as the measuring unit -instead of the dollar- you can clearly see how USD price has been crashing for decades, and how it's taking every fiat currency pegged to the dollar or with a dollar reserve down with it .
Until 1933, people carried gold coins in their pockets, and paper bills were exchangable for gold and silver coins at any bank. Prices were remarkably stable, and had been for a hundred years or more, except for periods of war or other disasters . In 1933, US citizen's gold was confiscated by the government, the dollar was devalued by 41%, and we entered a period in which the treasury attempted to hold the value of the dollar at 1/35 of an ounce of gold.
As you can see, this was largely successful until the late 1960s, when so much gold was required to buy up all the dollars foreign countries were selling that the US government simply gave up, and "closed the gold window" in 1971. The value of the dollar collapsed over the next 10 years, hitting bottom in 1980. By paying high rates of interest and reducing taxes, the dollar slowly recovered some of it's value over the next 20 years, but expansive money policy in the 1990s eventually caught up with the dollar in 1999.
Since 1999, the dollar has fallen in value from about 123 mg of gold to less than 21 mg today – a drop of more than 80%. Overall, from 1900 to 2010, the dollar fell from 1500 mg to 25 mg, losing over 98% of it's purchasing power. Penny candy now costs 50 cents. The "Five and Dime" is now the Dollar Store. To but it into prospective, a 1000$ up to 1920s could buy you 1.5 KG of gold !! That's a little more than 48 ounces of gold , from 1940s to 1960s a 1000$ could still buy you 0.9 KG of gold !! That's almost 29 ounces of gold , Nowadays, that same 1000$ buys you 0.0062 KG of the precious metal - not even 7 grams - wich is 0.2 ounce of it .
The future, however, looks even worst . Some comments from the Federal Reserve indicate that near-zero interest rates and "quantitative easing" (Fed-speak for money printing) can be expected to continue "for an extended period".
my first article on binance Square . please give me feedback, any thoughts . does it meet standards? should I continue with long material? or stick to short posts ? $XAU $PAXG
a spot pro - a futures loser
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Gold isn't increasing in value, USD is the one spiraling down the toilet
Everyone is talking about Gold's ATH crossing 5000$ in a "gold bull run" , But we offen forget that Gold is the unit of value measurement - stable by definition . The charts below show clearly just how far the once mighty US Dollar has fallen. Now before we dig deeper into this you need to start seeing the chart from a new perspective, by looking at gold as the measuring unit -instead of the dollar- you can clearly see how USD price has been crashing for decades, and how it's taking every fiat currency pegged to the dollar or with a dollar reserve down with it .
Until 1933, people carried gold coins in their pockets, and paper bills were exchangable for gold and silver coins at any bank. Prices were remarkably stable, and had been for a hundred years or more, except for periods of war or other disasters . In 1933, US citizen's gold was confiscated by the government, the dollar was devalued by 41%, and we entered a period in which the treasury attempted to hold the value of the dollar at 1/35 of an ounce of gold.
As you can see, this was largely successful until the late 1960s, when so much gold was required to buy up all the dollars foreign countries were selling that the US government simply gave up, and "closed the gold window" in 1971. The value of the dollar collapsed over the next 10 years, hitting bottom in 1980. By paying high rates of interest and reducing taxes, the dollar slowly recovered some of it's value over the next 20 years, but expansive money policy in the 1990s eventually caught up with the dollar in 1999.
Since 1999, the dollar has fallen in value from about 123 mg of gold to less than 21 mg today – a drop of more than 80%. Overall, from 1900 to 2010, the dollar fell from 1500 mg to 25 mg, losing over 98% of it's purchasing power. Penny candy now costs 50 cents. The "Five and Dime" is now the Dollar Store. To but it into prospective, a 1000$ up to 1920s could buy you 1.5 KG of gold !! That's a little more than 48 ounces of gold , from 1940s to 1960s a 1000$ could still buy you 0.9 KG of gold !! That's almost 29 ounces of gold , Nowadays, that same 1000$ buys you 0.0062 KG of the precious metal - not even 7 grams - wich is 0.2 ounce of it .
The future, however, looks even worst . Some comments from the Federal Reserve indicate that near-zero interest rates and "quantitative easing" (Fed-speak for money printing) can be expected to continue "for an extended period".
my first signal was correct✅️ 😎 honestly I didn't expect $ENSO to cross 1$ today 🤣 so I fully closed my position a little bit earlier, but at this rate it probably will cross it again by far (edit : it reached 1.8$ the day after that)
a spot pro - a futures loser
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if anyone did Long $ENSO when I said so, 0.84-0.86 is high enough to partially close some &/or set SL at profit (e.g 0.79) .. it still could reach 0.89-0.91 or much more, But I'm still NOT an expert yet so DON'T COUNT ON it, always SL
if anyone did Long $ENSO when I said so, 0.84-0.86 is high enough to partially close some &/or set SL at profit (e.g 0.79) .. it still could reach 0.89-0.91 or much more, But I'm still NOT an expert yet so DON'T COUNT ON it, always SL
a spot pro - a futures loser
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one of today's top gainers $ENSO up 21% & reached 39% gain earlier , good support zone around 0.73 - 0.75 , a possible buying opportunity coming soon ... I already closed but will open another one when RSI > 60
one of today's top gainers $ENSO up 21% & reached 39% gain earlier , good support zone around 0.73 - 0.75 , a possible buying opportunity coming soon ... I already closed but will open another one when RSI > 60
I was looking up some #Stablecoins stuff when I stumbled on something weird in $FDUSD , its 24h volume is 9 TIMES bigger than its marketcap , so 24hVol/MC is ≈ 900% !!! IS THAT HEALTHY ?? does that make it less stable ? or more desirable therfore more stable ?
$DASH reached 88$ today 👀 I'm glad I didn't sell at 55$ just two days ago, or at 45$ just a few hours before that . I closed my #DASH long position, but I'm still sopt holding until it goes back to 117$-130$
a spot pro - a futures loser
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صاعد
recently, $DASH seems to always go up when the rest of the market is crashing . I've been wanting to write something about #DASH since it skyrocketed to 130 mid market crash ... Maybe next post I will .
recently, $DASH seems to always go up when the rest of the market is crashing . I've been wanting to write something about #DASH since it skyrocketed to 130 mid market crash ... Maybe next post I will .
they told us that "ignoring emotions is key to profit" & "panic = losses" .. but if I only listened to my panic, I wouldn't have lost 50% of my capital . For 3 months I kept 13 long positions open (×10 leverage, size 5$ to 120$) since 10/10/025 market crash .
Why did I keep my positions open for so long ? it's not like I'm using spot trading strategies on futures (I tried that before, it failed horribly) But because I was in a loss in all 13 positions,
every time I panicked & wanted to close them to prevent further losses , I always "took a deep breath" & remembered not to panic then looked at the chart again & convinced my self that the market will reverse soon ..
21 time I wanted to sell but I held my ground .. until I almost got liquidated, then I had to make a discussion (calculated not emotional) to close the 10 positions with the least losses to protect the other 3 from liquidation ($LTC , $IMX , $RENDER )
And that's exactly what I did on 27/12/025 , i closed 10 positions losing -5$ each, total ≈-50$ (for reference my entire futures capital is 100$ .. because my entire net worth is 200$)
guess what happened next ?? good guess 👏 TWO days later THE ENTIRE CRYPTO MARKET REVERSED and turned bullish 🤣💔 the pivot point I've been wanting for happened right after I closed the majority of my positions (& opened 5 short positions to top it all )
SO now I am not only ¹` sold in loss .. but also ²` didn't recover my losses with the bull run .. & ³` currently have 5 short positions in loss PLEASE tell me what did i do wrong ? PLEASE advise me what to do now ?
where did $DOLO campaign disappear ?? please tell if tell me you still see it, I don't this is absurd, I lost money trying to get points in that campaign, I closed long positions in loss 5% - 50% just to buy Dolo just for this campaign, (sold at the literal bottom) and the campaign just disappeared !! (not to mention the loss in purchased dolo itself , or the loss in "dual investment") this isn't the first time this happens to me , I'm never joining such a campaign everagain
I thought someone is gonna make a " 0! = 1 " joke 🤣 but everyone missed the opportunity anyway, no one claimed any red Packet .. so I guess they weren't allowed => it was below minimum => there is a minimum , right ?
a spot pro - a futures loser
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I grabbed a $SOL Red Packet, it was ≈ 0 !! .. so now I'm testing if there's a minimum amount 🤣 (please let me know if it redeems successfully or not) .. thanks 4 ur help #redpaket code : 8SQD7INR ( link )
I grabbed a $SOL Red Packet, it was ≈ 0 !! .. so now I'm testing if there's a minimum amount 🤣 (please let me know if it redeems successfully or not) .. thanks 4 ur help #redpaket code : 8SQD7INR ( link )
need some #advice please .. how is it possible that every single future position I open goes against my direction ? .. it doesn't matter if I go long or short , I'll lose money , statistically not possible . Or even long & short at the same time (one usdt one usdc) I'll lose both at the same time 🤣💔 it doesn't matter if i analyze the market or choose a position at random , the market is always moving the other way it doesn't matter if I put the leverage ×5 or ×75 , I'm always gonna be liquidated (or stop loss at 50%) this is only 7 position out off 25 position I opened, 24 of which lost me at least 25% of my margin (at most 100% + fees) I mostly lost on $LTC , what am I doing wrong ?