Back up what ? That you're looking it all wrong The only clue I'll give you is There's 3 sides to every story
What part of " Your looking at it all wrong " don't you get The stop loss strategy is a stock market thing
Strategies like stop loss is a great tool. Just be mindful of fees, furthermore, there are people here with different strategies. Some people look at PM in dollar terms, some look at it in weight terms. End goals are different. People investing PM in dollar terms are looking to maximise return. People storing PM in weight terms are looking to accumulate precious metal. For exsample if someone had a stop loss of their full stack and bought back in now, their stack size would be bigger than a person who just watched it like sheep and hoping to go back up. There is no right or wrong, follow the strategy that best suits your ideals.
Some stackers don't care about the fiat price of it, they stack it and keep on stacking it. If you had 1000oz yesterday and the fiat price of it halves today, you still have those 1000oz, you haven't lost anything in their mind. The cheaper price just provides an opportunity to buy twice as many oz's for your fiat dollar now.
It's all going to plan for me, my plan being that prices fall significantly over the next year, which I will use to increase my stack at lower prices. Thereafter, something, or a series of somethings, will happen to push prices back up again, higher and higher. I will be very rich. There. How's that for a plan?
