3Mon
@Epi Hey Epi, how's it going? 🙂
Yes, that's right. In general, copper stands and falls with the economy.
But I think the global AI race will at least limit potential downside effects here.
"Tactical" for me means that, unlike my B&H holding, I actively manage the positions but can also hold them for 5+ years.
Sure, I could also leverage the copper futures, but the leverage is already given by the copper miners.
Yes, that's right. In general, copper stands and falls with the economy.
But I think the global AI race will at least limit potential downside effects here.
"Tactical" for me means that, unlike my B&H holding, I actively manage the positions but can also hold them for 5+ years.
Sure, I could also leverage the copper futures, but the leverage is already given by the copper miners.
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11
•3Mon
@BigMo I can well understand the story behind copper. My problem with it: I was already able to do that in 2015. Then I bought copper certificates and left them until 2019 or so. It was nothing.
And micro mines are another matter: management mistakes, price dilution, energy costs, problems with the authorities, political uncertainties, scarcity of resources - there are so many pitfalls.
I've had 10-baggers, but I've also had 90% losses - and to be honest, I still have no idea why.
It's a bit like gambling for me. When the public becomes aware of micromining, it's really fun, but when the hype is over, it's a pretty dismal thing. A bit like altcoins. 😅
At the moment, however, the charts look constructive. Maybe one or two short-term momentum plays are worthwhile...? 🤔
And micro mines are another matter: management mistakes, price dilution, energy costs, problems with the authorities, political uncertainties, scarcity of resources - there are so many pitfalls.
I've had 10-baggers, but I've also had 90% losses - and to be honest, I still have no idea why.
It's a bit like gambling for me. When the public becomes aware of micromining, it's really fun, but when the hype is over, it's a pretty dismal thing. A bit like altcoins. 😅
At the moment, however, the charts look constructive. Maybe one or two short-term momentum plays are worthwhile...? 🤔
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