Sometimes, decluttering isn't about philosophy; it's about reality forcing you to make a choice. Last June, I made a somewhat crazy decision — to sell my idle Porsche Cayenne Turbo S and switch to the precious metals market.
At that time, silver spot was out of stock, so I went to the exchange to buy. During that period, exchange rates fluctuated greatly, moving from USD to TWD, then to physical gold and silver. I timed the entire chain correctly. Looking back now, this combination of moves yielded nearly 1.8 times the USD profit. It sounds like luck, but in fact, it's about "shifting from consumption assets to preservation assets and catching the right exchange rate cycle."
The real gain isn't just that number, but understanding — when the market presents a mispricing window, do you have the courage to switch tracks? Many people get stuck on "reluctant to sell," but asset allocation is just like that — when it's time to act, you must act.
View Original
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.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
AirdropHunterZhang
· 01-07 19:22
Haha, this is the moment I shout about every day—when the mispricing window appears, you have to decisively switch tracks; otherwise, you'll really get cut like a leek.
View OriginalReply0
SatoshiChallenger
· 01-07 17:12
Ironically, selling the Porsche to invest in precious metals is told as if it were a genius who timed the market perfectly. But data shows that the window for silver to rebound from its lows to its highs was only a few weeks last year, and most people simply couldn't catch it. How much luck played a role is something only they know.
View OriginalReply0
ThesisInvestor
· 01-05 10:57
Selling sports cars to invest in precious metals, this move is indeed a bit aggressive. But the key is that the timing is really right; 1.8 times is not a small number.
Selling a Porsche to invest in precious metals? That's a bold move, but it definitely hits the right trend. The key is that most people simply don't have the courage for this; they just think about it but don't act.
Sometimes, decluttering isn't about philosophy; it's about reality forcing you to make a choice. Last June, I made a somewhat crazy decision — to sell my idle Porsche Cayenne Turbo S and switch to the precious metals market.
At that time, silver spot was out of stock, so I went to the exchange to buy. During that period, exchange rates fluctuated greatly, moving from USD to TWD, then to physical gold and silver. I timed the entire chain correctly. Looking back now, this combination of moves yielded nearly 1.8 times the USD profit. It sounds like luck, but in fact, it's about "shifting from consumption assets to preservation assets and catching the right exchange rate cycle."
The real gain isn't just that number, but understanding — when the market presents a mispricing window, do you have the courage to switch tracks? Many people get stuck on "reluctant to sell," but asset allocation is just like that — when it's time to act, you must act.