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<p>[QUOTE="baseball21, post: 8388733, member: 76863"]It's certainly not chump change, but what many dont get is that if you're going to talk about a lot of the small holders having the influence on the market many of those small holders are nontraditional investors. What I mean by that is that many of them are young, like early 20s or even late teens young who have bought with the intention of holding it for a decade or more. Sure there are some people looking for a quick buck or who sell on spikes especially the people that got in very early and have a lot of it and who wouldnt take some profits when that happens. (By the way no one is successfully day trading it profitably on a consistent basis no matter what people claim). But many are holding for the long term, most of those types of buyers wouldnt have been in something else. If it makes it easier just think of it as the PMs for the under 30-35ish crowd</p><p><br /></p><p><br /></p><p><br /></p><p>Im sure some probably will move to metals, but like always people generally do the opposite of what they should do when it comes to investing. People were panic selling at the bottom when Covid started when they should have been buying more stocks. Same is going to be true sometime this year as well. There's certain ones that will bounce back in a year or so. That doesnt mean blindly buy stuff but there are some bluechip horses that will rebound its just a matter of when which will be dictated by policy. </p><p><br /></p><p>If someone really wants to get into metals they should at least use the stock versions to avoid the massive buy sell premiums that come with physical[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 8388733, member: 76863"]It's certainly not chump change, but what many dont get is that if you're going to talk about a lot of the small holders having the influence on the market many of those small holders are nontraditional investors. What I mean by that is that many of them are young, like early 20s or even late teens young who have bought with the intention of holding it for a decade or more. Sure there are some people looking for a quick buck or who sell on spikes especially the people that got in very early and have a lot of it and who wouldnt take some profits when that happens. (By the way no one is successfully day trading it profitably on a consistent basis no matter what people claim). But many are holding for the long term, most of those types of buyers wouldnt have been in something else. If it makes it easier just think of it as the PMs for the under 30-35ish crowd Im sure some probably will move to metals, but like always people generally do the opposite of what they should do when it comes to investing. People were panic selling at the bottom when Covid started when they should have been buying more stocks. Same is going to be true sometime this year as well. There's certain ones that will bounce back in a year or so. That doesnt mean blindly buy stuff but there are some bluechip horses that will rebound its just a matter of when which will be dictated by policy. If someone really wants to get into metals they should at least use the stock versions to avoid the massive buy sell premiums that come with physical[/QUOTE]
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