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Gold definitely won’t go to zero...



But if you go long on gold and get stuck underwater, once peace and prosperity return, you could be stuck for years—10 years minimum, 20 years is normal, and even 30 years wouldn’t be unreasonable...

If you absolutely have to go long on gold, spot is best, not perpetual futures. Otherwise, you’ll find out what it means to be cut to pieces...
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MinerLeftBehind
43 minutes ago
Waiting 10 years to break even sounds suffocating, but the 2011 wave really did leave people underwater for nearly a decade
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OnChainWhistle
an hour ago
At least with spot, you can sleep holding the asset; with contracts, you can’t even sleep soundly
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RoyaltyGuard
an hour ago
Perpetual funding rates + volatility, a double drain. If you know, you know
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CrossChainLighthouse
an hour ago
Buy gold in times of peace, buy gold in times of chaos too—so when exactly do you sell?
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TechBookReader
an hour ago
Gold won't go to zero, but your margin will
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VaultKeeper
an hour ago
The phrase “a thousand cuts” is spot-on; getting liquidated is like being slowly cut with a blunt knife
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SwapAddict
an hour ago
First Review
30 years… even my grandson will be able to inherit my long positions
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