At what point do you stop buying?

[lightjaw]

I won't stop buying irrespective of the price. If people stop buying at 1k per oz what's to say it won't carry on to 1500 per oz. The people who bought at 1k per oz will look good then. Or not if it goes the other way. I can't be arsed with graphs and predictions and gsr stuff. Will just buy if I want to and have the cash.

[Mcgrimes]

7 hours ago, lightjaw said:

I won't stop buying irrespective of the price. If people stop buying at 1k per oz what's to say it won't carry on to 1500 per oz. The people who bought at 1k per oz will look good then. Or not if it goes the other way. I can't be arsed with graphs and predictions and gsr stuff. Will just buy if I want to and have the cash.

If people stop buying at 1k, then surely it couldn't go any higher?  

[lightjaw]

I have seen prices rise when no one buys anything and plummet when everyone's buying. There doesnt seem to be much rhyme or reason sometimes, but I am sure that there are when you look at the bigger long term trends. I have seen share prices dive after good news even though there are buyers because a big holder liquidated their position. I wish I could make 100% accurate decisions! Because I cant, I will just carry on buying if I can afford it and sell when I need it.

[Safestacker]

On 25/03/2019 at 21:55, Nick1368 said:

yeah I keep buying as long as it's under £1000

Where the hell you buying an Oz for under £1000?