With the "gold investment" group, we always have a very real reason: to like tangible assets, easy to understand, and the feeling of being able to hold them.
Gold = real asset, psychological storm protection, and a familiar "safe haven" for the Vietnamese.
"What if I want to track the fluctuations in gold/precious metal prices or major stocks, but do not want to be limited by the opening hours of the market #TradFi ?"
This article can help you broaden your perspective: 12 tài sản TradFi bạn có thể giao dịch trên Binance Futures — from gold (XAU), silver, platinum (XPT) to major stocks like AMZN, TSLA, and some crypto-related stocks like COIN, MSTR.
Notable points (read to understand correctly before doing anything else):
- No need for traditional stock brokers to "access" the price fluctuations of some TradFi assets.
- The market on Binance Futures operates 24/7, so if important news falls during your sleep or on weekends, you are not stuck due to closing/opening hours like traditional markets.
- You can start with a smaller scale and settle gains/losses in USDT (no need to exchange between many currencies).
But there is one line you must remember:
This is a futures contract. That means you are trading price fluctuations - not buying real stocks or buying real gold bars to store in a safe.
If you are on the "gold" team: Consider this article as a document to better understand the tool, not to rush to "jump in." And if you want to delve deeper, prioritize learning about risk management first