Is a 1oz gold bar really worth it? Can't afford more than £3700 at present, but is it worth what's surely a tiny profit in a few years' time unless I stack multiple larger bars?
Buy Britannias or sovereigns, they are VAT and CGT free, bars aren't (Still pay CGT).
>>61642531welcome to investing..
>>61642553Also coins have security features that make them easier to sell if you need to.
You probably would have made the same argument when gold was at $3200 whereas I bought. Now Im up $1400. If you cant afford 1oz then thats not a “tiny profit.”
>>61642531Bars, no. Coins, yes.
The trick with investment is that yo ujust need to wageslave and try to grow your capital so you can do DD and put it into the next nvidia. People will always try to convince you to jump on the elevator currently pumping and sometimes it works but the biggest gains are from being ahead of the crowd.
>>61646460so chainlink thengot it
>>61642531why is it 999.9 and not 99.99?
>>61646666It's fake. Welcome to the world of trading PMs. Coins have security features but they command a greater premium. You can only sell under spot so you better have a good profit before you think about. It.
>>61642531Investing in gold-covered-tungsten is always a good idea.>>61646666>>61646676I thought they generally used ".999" or maybe ".9999".
>>61642531>>61647230
>>61642531>Is money worth it?Gee whiz idk
>>61647230>>61647236Based. Im gonna fuck over as many metalfags as possible until they realize why their shiny rocks are garbage.
>>61647430tell me youre bagholding 120k bitcoin without telling me youre bagholding 120k bitcoin
>crypto jeet cohen is a spammerNo surprise there
>>61647430Shiny rocks aren't garbage, but counterfeits are. Unfortunately the market is flooded with Chinese counterfeit shit nowadays. You kinda need a testing machine to make sure you're not being sold fakes. Even le famous Local Coin Stores screw up (or intentionally try to scam people).
>>61642531No. Buy mining stocks
>>61642531will you be complaining when the bar is wourth 10,000 euros? Will you be complaining if the Euro collapses? Will you be complaining if a cyber attack or quantum computer wipes out your online banking account?
>>61647698If that happens, my rifle and tuna stack will trump your physical gold, lets see then who eats and who doesnt
>>61647647
>>61642531I bought in october/November im 500eur in profit if I sell.
>>61651668Why do English people let jews run everything?
>>61647621>Shiny rocks arent garbage>Proceeds to mention massive vulnerability in the asset that simply doesnt exist in bitcoinKek and if thats not enough i can also add some more facts for you:- i can sell my btc at spot value instantly without leaving my house, cause i can trade it directly on the global marketplace instead of having to go talk to a greasy jew that will inevitably try to pay me 90-95% of the spot value while constantly trying to lowball me with his disgusting jewish negotiating tactics (inb4 "just say no brah" the point is i dont even wanna have to do this in the first place and btc alows me not to)-cant store it easily if high enough volumes. Super heavy and takes up a substantial amount of space. If you dont buy proper expensive security, have fun sleeping at night. (Inb4 "muh etfs" yeah then thats not really your gold fuckhead, its just a "trust me brah" note on a screen)-cant move it across border. Cant send it to the other corner of the world in a second.I dont know how this is hard to understand. The only reason this is hard to understand, is because people take digital technology for granted. They dont understand that this thing used to not exist. The only reason bitcoin doesnt exist for 1000 years is because it was not technologically possible to create it. Thats it, thats the only reason. All you precious metals retards are basically like the people that defended maintaining the use of horses when cars first appeared. No different. And you will see how wrong you are over then next century.
>>61642531Dont bother with gold, that train has already left the station, silver is "affordable" and about to leave the station.
Buying at ATHs feels so cucked but the more I wait the more it goes up...
>>61642531its good if you must flee the country. just shove it in your ass.
>>61642531>Is a 1oz gold bar really worth it?No, that tiny amount of money will do nothing and you'll basically never sell it. Spend the money on something that will improve your life, some sort of labor saving device.
>>61651616>implying pm schizos ain't armed to the teethPlease come and try :^)
>>61652572>i can sell my btc at spot value instantly without leaving my houseReally? Every exchange I've ever used takes anywhere from 1% to 10%. I was in Argentina over the summer (their winter, sadly) and had to take a 3% haircut every time I topped up my pesos. I didn't mind all that much since they need the money down there and it let me keep hanging out, and besides it was at $112K to $121K, but still.Kinda glad now that I took that vacay and had fun, since we're down to $94K now. Goddammit I was waiting for $150K to buy my Porsche.
>>61642531no. please dont buy
>>61647230>>61647236Unless you're buying from literal Jews in the 47th St diamond district, this doesn't happen.
>>61654180>SAAR DO NOT REDEEM DOLLARA FOR GULD!!!
>>61654075Buy it on hyperliquid. They take $1 on withdrawals.I buy USDC on coinbase pay for 0% fees, trade it to arbitrum USDC, send it to hyperliquid, buy whatever i want and withdraw for $1 total.
>>61655755Buy an ad, hyper fag
>>61646460yeah but being ahead of the crowd is pretty hard. I don't network anywhere i just wageslave and use my computer all the time.
>>61642531buy silver retard. Then swap it for gold when silver gsr is under 30.
>>61642531Austrian Coronas are my fav 1oz coin (.98) and they usually have a very low premium, or did.
>>61656571I was actually looking at a 10oz silver coin this morning. £1007 incl VAT, is that a good deal?
>>61642531So you can earn a profit of let's say £600 after 5 years? What's the point?
>>61657349>T. Poorfag who has to make dumb yolo moves because he's a poorfag
Just buy a decent tracker in an ISA and DCA. Cheap, easy and decent returns with no tax.
>>61655755I'm not buying more BTC, I'm selling to pay for my living expenses. I already have more BTC than I will be able to spend in the rest of my lifetime.
