Day: July 22, 2024

Where is capital moving to in the current economic uncertainty?

The answer is gold, where hedge funds have significantly increased their long positions, reaching the highest level in four years. As a result, on Wednesday, prices for the asset have already reached an all-time high of $2,483 per ounce, which was caused by rising geopolitical risks and concerns among investors seeking to hedge against political and economic uncertainty about the US presidential election campaign and speculation about the timing of rate cuts. It turns out that if the situation stabilizes and a lot of capital pours into crypto, it will be a bull market of unseen proportions? https://preview.redd.it/kaa9bw5wv4ed1.png?width=1280&format=png&auto=webp&s=60cb809de7a4d84875a48e08264bc03d95bc71c2 submitted by /u/dll_crypto [link] [comments]

When You Made A Serious Mistake

In America, older people face the inevitable truth that driving becomes a safety hazard. You’ve been driving your whole life, but age catches up – your vision blurs, your reaction slows, and your hands start to shake. For some, it happens at 60, for others at 80, but it happens to everyone. And convincing yourself that it’s time to hang up the keys is no small feat. So, if you hastily closed the trades and cashed out in the first quarter of 2024, this is a good sign that you can no longer trust yourself. You won’t be able to fight the temptations of trying to beat the market. The best predictor of future behavior? Past behavior. Sure, some of us claim to learn from our mistakes, but let’s be real, we mostly stay the same. If you panicked before and then told yourself it wouldn’t happen again, you’re probably lying to yourself. Next time, you’ll find another excuse to panic, with even more money at stake, and you’ll be more terrified than before. And it will all happen again, only with less time left until retirement. submitted by /u/XGramatik [link] [comments]