Economist Addresses Gold Investors: Done, Wait!

December 2021 was a very turbulent month for foreign exchange and gold investors. While the dollar exceeded the level of 18 lira, gram gold saw 1,000 lira. Some investors panicked and bought at these higher levels. An economist called for those who buy at high levels. cryptocoin.com We give the details of economist Hatice Kolçak’s comments…

Economist calls on gold investors

At the end of the year, rising gold and dollar, after President Erdoğan’s statements, they stopped and retreated. This caused those who bought at high levels to consider whether they should sell their holdings. Hatice Kolçak was one of the economists who addressed these investors. Kolçak made a call to wait for gram gold and dollar.

Hatica Kolçak drew attention to the importance of long-term investment and claimed that the period in which profits were made by “purchasing and selling” in the economic markets in Turkey is over. According to Kolçak, it is in everyone’s best interest to aim wisely and invest in the long-term and wait. The economist also explains the process he calls “long term” and talks about a period of 1-1.5 years. Kolçak said, “From now on, we aim more wisely. We plan for at least 1-1.5 years,” he says.

Announcing that he has made an investment plan for at least these time periods, Kolçak, implying the importance of being a long-term investor, draws attention to the fact that it is now difficult to “make a profit in a short time”. He thinks high-end investors should add to the basket when assets are down. He thinks that this will make up for the loss.

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