I sold my gold on Zhuanzhuan (a gold trading platform) on March 11th, and then the price plummeted. There were three reasons I sold:
1. I saw a post from a fellow trader saying @BTC_Alert_ had taken profits at 5300, so I sold some too.
2. The crypto market has seen too much pullback; I wanted to keep some cash flow for living expenses. 🥹🥹, they were offering discounts per gram. Domestic platforms like Zhuanzhuan and Aihuishou have doubled their fees. 👀
When I sold, the domestic gold price was around 1170, and Zhuanzhuan charged me 20 yuan in fees. Aihuishou next door was even more expensive, charging 40 yuan. After checking both, I chose Zhuanzhuan. Now the gold price is 918, and my 40+ grams have lost over 10,000 yuan.
I remember before the Lunar New Year, Zhuanzhuan's fees were only 12 yuan, and Aihuishou's were 16 yuan. 👀
Keep your cash flow safe; this winter is going to be tough. 🥹🥹







