Profit Amid The Panic

in LeoFinance4 hours ago

The price of everything seems to be tanking lately. Bitcoin is down. HIVE is down. HBD is down. Crypto is down. Silver and gold are down. Everything seems to be burning, including fiat, and yet it seems those alternative safe havens aren't experiencing an uptick.

(Created with Bing)

Despite the price drop on everything, there's an opportunity here to profit. While everyone else is panic selling, a small few are buying more at cheaper prices. The question is if you have the stomach for it.

I can't prove it, but part of me thinks there's a concerted effort to discourage people from getting into crypto, precious metals, or anything other than fiat debt notes. Regardless of which country you're in, there's a large, growing sentiment of distrust in national currencies and banks as a whole. Neither governments nor banks want that, because as soon as nobody wants anything to do with the debt they're creating from thin air, they lose the power to manipulate using fiat.

So, if you're wondering why it seems the price of everything of value is dropping all around you, stop for a moment. Look at the fundamentals. Are they still there? Do your due diligence and research it. If the fundamentals are still solid, this could be a unique opportunity to buy an undervalued asset on the cheap.

1000017156.gif

1000033547.jpg
Buy DUO and stake to receive Hive dividends, tip others, have your posts curated, and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO




Do you like stacking gold and silver?

Are you new to Hive, or know someone new to Hive, and want help and support?

Have you been on Hive for a while and want to help new Hive members? Join HOC and help us grow Hive and encourage new members!

Posted Using INLEO

Sort:  

My top 5 Fundamentals...

  • That $38 trillion USD federal debt hasn't gone away yet, Canada's is not much better.
  • The Russo-Ukraine war hasn't stopped,
  • Central banks are still buying gold, if not silver(ahem as a Strategic resource),
  • Government incompetence and plenty of it.
  • And our favorite, printing cash to solve what ails the too-big-to-fail buddies.🥁
    Etc. Etc.

And for some Canadian content... 'Celine Dione sings with English subtitles.'
!PIMP

You received an upvote of 100% from Precious the Silver Mermaid!

Please remember to contribute great content to the #SilverGoldStackers tag to create another Precious Gem.