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zachimusprime44@lemmy.world

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Can someone smarter than me tell me if this affects me or not? (sh.itjust.works)

submitted 1 week ago by StarvingMartist@sh.itjust.works to c/outoftheloop@lemmy.world

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[–] Ledivin@lemmy.world 53 points 1 week ago (3 children)

It's at the price it was 2 weeks ago. I'm sure lots of gamblers are distraught that it didn't keep rallying, but it absolutely doesn't affect real people

[–] idunnololz@lemmy.world 5 points 1 week ago

Yeah whenever there is news like this you always have to go and check the 1y or even 5y trend. It looks like gold is already rebounding from this...

[–] IronBird@lemmy.world 2 points 1 week ago* (last edited 1 week ago)

real gamblers love a drop, that's when you can finally get good entry. the more the lines go up without any downturn the bigger the next crash will be, there's no such thing as a soft landing.

look back at the price of anything big back in april...that gap will be filled sometime within the next 3-4 years

[–] ICastFist@programming.dev 1 points 1 week ago

Unless they're planning on buying marriage rings, then this should positively affect them (with a slightly lower, though still absurdly high price)