Bitcoin, gold or silver

[Oshosondy]

These are the three assets that I traded recently, but it was not on stock exchanges or brokers but it was on crypto exchanges. So the Gold and Silver they I trader are RWA.

Silver gave me more profit
Gold also gave me profit but little
Bitcoin recently fell than both while I was able to make profit in silver and gold. Although if silver can fall from $120 to $61 within weeks, it is now a very volatile asset but are you guys also trading metals on exchanges? What was your experience like? I still think they move in my predicted direction than cryptocurrencies.

Bitcoin is also good, my losses recently is very small but I lost more in solana.

[BitMaxz]

I never tried the silver yet on crypto exchange but I already tried the gold XAUUSDT on OKX.
For silver, it seems it's XAGUSDT; by checking its chart, it looks like the price of silver in a 4-hour time frame looks similar to Bitcoin in a 1-hour time frame.

But most of my trade is in crypto SUIUSDT, TRX, SOL, and ETH. For Bitcoin, I swing trade because it's not worth it for small price spikes. For gold, sometimes I trade, but right now it's hard to enter this current market while the US and Iran are still at war.

I might try the silver one but it looks like it is currently in a long consolidation phase.

[SmartGold01]

Realistically I have never traded on Gold or silver because I do not focus on them, and as you said would mind mentioning the exchange where it would be that easier for someone to trade them or does Binance exchange do list them on their pairs so that one would possibly them to trade. I mostly do love trading BTC USDT and whenever I noticed the market is dropping I wouldn't mind having back usdt till I have observed that the market has actually dropped to point that interest me before I could buy back Bitcoin.

[_act_]

I might try the silver one but it looks like it is currently in a long consolidation phase.

Silver has not been in a long consolidation phase, but maybe we are seeing it in different directions but it is very possible that silver is in consolidation phase right now since 2 or 3 days ago when it go to almost $60 but I noticed that it moves just like gold while recently they moved just like bitcoin while also similar to how stocks moved. The difference is that recently gold and silver are not as volatile like many other cryptocurrencies like ethereum, solana and I think bitcoin also but the coin fell very well last week like cryptocurrencies.

[BlackBoss_]

Bitcoin is also good, my losses recently is very small but I lost more in solana.

In bear markets, altcoins lose more in prices than Bitcoin does, and if you trade altcoins but fail to close your positions with profit or cut loss, you will have risk of unwanted holding altcoins for lower lows, and get bigger losses with time.

It's only possible to recover when bear market bottoms out and recovers, then starts its next bull run but not all altcoins can recover and make new all time high. Solana is strong and already passed its hardest test in the last bear market by making not only a recovery but also new ATH in a current market cycle. Perhaps it will stay here, recover and make new all time high in 2028 and 2029, but before these years likely hard time ahead.

With Bitcoin, it's more simple, if you trade bad with spot, just hold and wait for next bull run.

[Zaguru12]

Bitcoin recently fell than both while I was able to make profit in silver and gold. Although if silver can fall from $120 to $61 within weeks, it is now a very volatile asset but are you guys also trading metals on exchanges? What was your experience like? I still think they move in my predicted direction than cryptocurrencies.

Bitcoin is also good, my losses recently is very small but I lost more in solana.

Yes except on volatile days metals are more less stable and less volatile, it’s seriously the most closer to bitcoin, I haven’t actually traded any but I was supposed to trade the new PAX Gold listed on Binance features.

My trades is most bitcoin with some Altcoins that follows its trend most especially the Solana coin you traded, bitcoin dipping was definitely going to cause Solana to dump really hard, I think anyone on a long trade on solana would have suffered more loses as the coin dipped 7% over the last week. Bitcoin (BTCUSDT) still is my only pair during this volatile period

[crwth]

What timeframe are you talking about for the underperformance in BTC and metals? I'm pretty sure it will differ depending on when you bought BTC.

Anyway, in terms of crypto exchanges offering Gold and Silver, it's mostly derivatives from the actual market, since they don't actually own the metals and aren't holding them. ^{(unless I'm mistaken or they have some kind of consolidation on all the trades after the day ends)}

This would differ, I think, in terms of liquidity and exchange rates.

[@ICON$]

These are the three assets that I traded recently, but it was not on stock exchanges or brokers but it was on crypto exchanges. So the Gold and Silver they I trader are RWA.

Silver gave me more profit
Gold also gave me profit but little
Bitcoin recently fell than both while I was able to make profit in silver and gold. Although if silver can fall from $120 to $61 within weeks, it is now a very volatile asset but are you guys also trading metals on exchanges? What was your experience like? I still think they move in my predicted direction than cryptocurrencies.

Bitcoin is also good, my losses recently is very small but I lost more in solana.

Here's my analysis on silver for the new week on my page https://vt.tiktok.com/ZSHeMwgjD/ you can check it out

[cryptoaddictchie]

These are the three assets that I traded recently, but it was not on stock exchanges or brokers but it was on crypto exchanges. So the Gold and Silver they I trader are RWA.

Silver gave me more profit
Gold also gave me profit but little
Bitcoin recently fell than both while I was able to make profit in silver and gold. Although if silver can fall from $120 to $61 within weeks, it is now a very volatile asset but are you guys also trading metals on exchanges? What was your experience like? I still think they move in my predicted direction than cryptocurrencies.

Bitcoin is also good, my losses recently is very small but I lost more in solana.

Interesting that Gold really made such trend these past few month and just like that Binance listed Xau or gold on Binance spot with seed tag applied. It looks like binance wanted a share of the volume given the interest on it lately. That means silver might also comes to some cex. But honestly these three assets are good to trade or even hold in the long run compared to a lot of newer altcoins. But youre right nobody can beat bitcoin as prime chose for good and long term investment.

[Akbarkoe]

These are the three assets that I traded recently, but it was not on stock exchanges or brokers but it was on crypto exchanges. So the Gold and Silver they I trader are RWA.

Silver gave me more profit
Gold also gave me profit but little
Bitcoin recently fell than both while I was able to make profit in silver and gold. Although if silver can fall from $120 to $61 within weeks, it is now a very volatile asset but are you guys also trading metals on exchanges? What was your experience like? I still think they move in my predicted direction than cryptocurrencies.

Bitcoin is also good, my losses recently is very small but I lost more in solana.

Bitcoin doesn't cause you pain, it's the solana that makes the hit painful and that's the consequence of holding altcoins, so just accept it or cut lose.
I still have gold bullion that I keep and accumulate on a fractional basis, regarding silver I just had the intention today, have not executed it because the price is still too expensive, traded in crypto like XAUT from Tether or Paxgold I don't do it, now is not the time to trade it I think.

[BitMaxz]

Silver has not been in a long consolidation phase, but maybe we are seeing it in different directions but it is very possible that silver is in consolidation phase right now since 2 or 3 days ago when it go to almost $60 but I noticed that it moves just like gold while recently they moved just like bitcoin while also similar to how stocks moved. The difference is that recently gold and silver are not as volatile like many other cryptocurrencies like ethereum, solana and I think bitcoin also but the coin fell very well last week like cryptocurrencies.

I think you're viewing it at a shorter time frame. I am using the 4-hour time frame, and it looks like a consolidation phase. In shorter time frame it is currently bearish.

Look at the chart:


As you can see, it's consolidation, so there's a chance that later it would pump again. I might be wrong, but with the current price action it's consolidating, so the market might try to retest the $60 zone. If the price fails to break this, there's a chance that this is currently consolidating.

[sheenshane]

For a less volatile investment over a short period, silver and gold are good choices if you monitor your profits.  But I don't know how much profit you would make if you invest in these two precious metals now. Slowly but surely—that's the characteristic of these metals compared to crypto or Bitcoin.
Bitcoin, however, is highly volatile, you can possibly make a profit even in a short time, though it is not the safest choice, it's long-term investment.

Bitcoin is also good, my losses recently is very small but I lost more in solana.

The most riskier is when investing altcoin than investing Bitcoin alone.
High volatile = high risk.

[Josefjix]

I haven't make any trade on tradeFi market at all and doesn't know how this works? Although, since it's a derivative market, it's more of long and short right?

I have to learn and understand the derivative market very well before I could look into tradeFi, I have been receiving notifications on the prices of these rwa but haven't joined in yet.

[Byebyebtc]

Gold also made some significant sale down as well, although I did take advantage of it and got some profits for my self,

And also gold and silver moves almost the same way which explains that if one Is volatile the other will also be as well.

But Bitcoin is totally independent, and it's showing good potential of a new rally that I will definitely want to be a partaker of.

[Alphakilo]

You definitely did right by making some profit at least from Gold which has shown a slow and steady vibe lately and this means you entered knowing this was a low risk asset to trade.
Silver and Bitcoin show strong volatility and consolidation or balancing stage, respectively.
To make profit from Bitcoin is always by holding long term instead of trading for low profit margin. It's better to trade Gold, even though you might get lucky at Solana next time because of its high risk and high reward margin that surpass Gold, silver and Bitcoin in the short term.

[tbct_mt2]

You definitely did right by making some profit at least from Gold which has shown a slow and steady vibe lately and this means you entered knowing this was a low risk asset to trade.
Silver and Bitcoin show strong volatility and consolidation or balancing stage, respectively.
To make profit from Bitcoin is always by holding long term instead of trading for low profit margin. It's better to trade Gold

With safe and good investment assets like Gold, Silver and Bitcoin, it's best to invest your money in such assets rather than trading. Trading is always more dangerous than long term investment and with gold as well as silver after these assets just have amazing bull run, trading these assets during coming month will possibly be very terrible.

You will never know where the gold and silver markets will move in coming months, and if you make bad trading positions, you will have loss, even severe loss. While with gold and silver, if you only stick with purchasing and holding for long term investment, you will not have loss, but surely there is another big condition, investing with discretionary income, no leverage.

even though you might get lucky at Solana next time because of its high risk and high reward margin that surpass Gold, silver and Bitcoin in the short term.

In cryptocurrency market, choose Bitcion, next is Ethereum to have most safety for your fund. Solana is a more risky altcoin to invest your money in.

[yhiaali3]

Honestly, I haven't tried trading gold and silver on cryptocurrency trading platforms. I usually trade Bitcoin, DOT, DOGE, SOL, and ZEC in spot trading and I don't usually use leverage.

The idea of ​​trading gold and silver on digital exchanges never crossed my mind because I don't trust that these tokens are truly equivalent to gold and silver, especially on centralized exchanges that give you control over your assets. I prefer owning real gold and silver over these digital tokens.

[JeffBrad12]

I've traded these metals since the beginning of the hype through RWA like you did, and actually it's right that gold is a lot more predictable than bitcoin.
Its good pair to trade if anyone out there want to trade while waiting for bitcoin to recover I can vouch for that, the only problem maybe even with XAUT/USDT pair the price sometime jumped out of nowhere liquidating my position due to low liqudity.

[mindrust]

Silver is good. Gold is good too. Bitcoin is the best.

Don’t get obsessed with making profits. That’s your biggest mistake. Be a wealth allocator. Getting obsessed with the short term gains is a noobie mistake. Real proz think about the next decade while nubz cry about their -20% losses they got last week.

Be like Warren Buffett. Be like Michael Saylor. Become a believer. Only way to make munney. If you want short term big gains, don’t waste your time on spot trading. Either go play roulette and bet on black (black is always a natural winner) or use x10 leverage on your trades. Otherwise be quiet and let the time do the heavy lifting for you.

[_act_]

For a less volatile investment over a short period, silver and gold are good choices if you monitor your profits.  But I don't know how much profit you would make if you invest in these two precious metals now. Slowly but surely—that's the characteristic of these metals compared to crypto or Bitcoin.

Silver was very volatile as it was below $30 last year but it increased to $120 this year and later fall to $67. It later went to almost to $98 before falling again this time. Recently it almost got to $60 before it increased back to $70. It is still kind of less volatile to crypto but it can behave differently at anytime and I see it very volatile.

I haven't make any trade on tradeFi market at all and doesn't know how this works? Although, since it's a derivative market, it's more of long and short right?

This is different from TradeFi, they are listed under RWA under derivative market. You trade them just like BTCUSDT and they are on the same perpetual futures.

Such pairs can also be seen under TradiFi but this thread is about RWA that are tokenized.

Yes, TradFi is of long and short also. Forex traders will find them easy to use because it is more similar to them.