This operation on December 4th was honestly pretty interesting.
I'm still waiting on Bitcoin, and my mindset is really steady—I don't feel anxious at all when I'm patiently holding. But the problem is, it's just too boring. Staring at the charts and zoning out isn't productive, so I decided to shift my attention elsewhere.
In the end, I decided to play around with some gold. Didn't feel like messing with complicated stuff, so I just went straight for PAXG, tokenized gold—much simpler. Entered at the 4200 level.
Why did I choose it? The logic is pretty clear—a large triangle consolidation has been building up for so long, I'm betting on a breakout. If it really happens, the target price could be higher than most people expect. Of course, it's all up to the market.
For now, I'm just holding and waiting. Patience, more patience. After all, I've got nothing else to do anyway.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
AirdropFreedom
· 19h ago
This move is really about not being able to sit still. When there's no action in Bitcoin, you go and scalp gold instead. I actually like this kind of trading mindset.
But can you really hold patiently? Haha
PAXG at the 4200 level, betting on a triangle breakout—there's definitely a play there.
I'm watching too, but still on the sidelines.
Seriously? What's your target price? Tell us!
Holding crypto, stocks are still active—this is the fate of a trader.
When you get antsy, you just buy randomly, but betting on the market is all about luck.
View OriginalReply0
OnlyUpOnly
· 19h ago
Alright, since I have nothing else to do, I want to try something new too.
View OriginalReply0
CryptoPunster
· 20h ago
If you’re just idle anyway, let gold fill this boring gap. After all, you’ve got to find something to do while waiting for the coins.
View OriginalReply0
NullWhisperer
· 20h ago
tbh the triangle formation play is technically sound, but let's dissect the actual risk vector here—paxg at 4200 is basically betting the breakout holds. question is, what's your exit strategy if it doesn't? audit findings on tokenized gold contracts have been... questionable in the past, ngl
Reply0
SlowLearnerWang
· 20h ago
Patience is good, but I'm just worried that this "nothing to do anyway" mindset will end up leading to something bad...
View OriginalReply0
ZkSnarker
· 20h ago
ngl the "bored waiting for btc so let me yolo into tokenized gold" energy is very crypto. respect the triangles though, technically speaking that's how most people should be reading charts instead of just vibing
This operation on December 4th was honestly pretty interesting.
I'm still waiting on Bitcoin, and my mindset is really steady—I don't feel anxious at all when I'm patiently holding. But the problem is, it's just too boring. Staring at the charts and zoning out isn't productive, so I decided to shift my attention elsewhere.
In the end, I decided to play around with some gold. Didn't feel like messing with complicated stuff, so I just went straight for PAXG, tokenized gold—much simpler. Entered at the 4200 level.
Why did I choose it? The logic is pretty clear—a large triangle consolidation has been building up for so long, I'm betting on a breakout. If it really happens, the target price could be higher than most people expect. Of course, it's all up to the market.
For now, I'm just holding and waiting. Patience, more patience. After all, I've got nothing else to do anyway.