Typical pump and dump in gold

Typical pump and dump in gold

What you guys have to say about this. Whales are just trapping retail and dumping. And many of us only go buy jewellery when the rates are high.

Now its dropping shouldn't we grab the dip

u/WoodpeckerWarm4870 — 2 days ago

Upgrade or downgrade???

Thought of losing this leather strap as it was getting kind of old.

Looks good now or was better before??

u/WoodpeckerWarm4870 — 4 days ago

FY27 has not been good with me.

Tried intraday, lost a lot.

Thought F&O would be better. Lost there too.

Then tried commodities... same story.

Major reason was revenge trading / over trading, not putting stoploss.

Ended up selling some of my long-term holdings at a loss just to clear the debt from these trades.

Total loss approx - 2lakhs

Anyone else learned this lesson the hard way?

Let this be a learning to new joiners. What not to do in the market.

u/WoodpeckerWarm4870 — 18 days ago

I did Daily SIP in phonepe app of 300 Rs for like 100+ days and completed last transaction today to round off to 2 gm.

Now, i have paused rhe SIP and restart when gold comes back to 14 or lower range.

My question is should

- i get the physical coin delivered

- or wait for the prices to increase and sell digital and get the money back.

Since physical gold will be harder to sell and good to have in physical mode.

I might sound naive.

u/WoodpeckerWarm4870 — 4 months ago

As the title says, but there was no lock like that blue zip locks on the Brpl box like before. Packaging was intact. Should i be concerned??

It was delivered at my home, will go n check the coin to local shop when i reach there in like 15 days.

u/WoodpeckerWarm4870 — 4 months ago

Final price 14.5k

Used cred and flipkart gv.

Edit : Cred flipkart gv worth 4000 @9% (cred 4% and sbi cb 5%)total cashback + discount

Then another gift cards worth 11500 (10k and 1500) with 7% (sbi cb 5% and cred 2%)

So, total 15500 gift cards.

Hope it clears it up

u/WoodpeckerWarm4870 — 4 months ago