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100 sats \ 5 replies \ @DarthCoin 7 Jun 2023 \ on: Why Gold should be an Important Part of Your Portfolio bitcoin
Please stop this bullshit shill for gold. Gold is just a shiny fucking rock that should be used only for computer circuits.
Just by buying and holding gold you are destroying lives and climate
Also you are sustaining the gold mafia...
- Gold Mafia - Episode 1
- Gold Mafia - Episode 2
- Gold Mafia - Episode 3
- Gold Mafia - Episode 4
I use gold as a hedge in my portfolio.
So if i am holding 10000 USD worth bitcoin and 10000 USD worth Gold.
Bitcoin will keep growing and when it reaches 50000 usd i can sell 25000 usd worth bitcoin and add 25000 usd worth gold.
Similarly in case some day bitcoin gets hacked, then if the value of gold is 25000 and bitcoin 25000 that day. the value of gold is likely to shoot up to more than double in the following months. So either way i end up in profits.
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If in your mind is only about the value of your "investment" that means you understand nothing about Bitcoin.
HFSP, more sats for me.
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Play safe
If all the earnings and savings are parked in bitcoin or cryptos. Its too much risk for anyone.
Best way - Hedge crypto with equal amount of metals ( Gold + Silver )
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You NGMI
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Bitcoin valuation is all or none.
The potential value can be even 1 million USD in near future.
In case Dollar is headed for hyper inflation.
Which means that hodling 1 bitcoin or hodling half a bitcoin doesnt make much difference.
But just in case bitcoin main chain gets hacked the value goes to zero, in which case the gold and silver value may shoot up.
So what is more appealing to your reason?
- Be on the safer side while enjoying the rise in valuation?
- Be on the riskier side while taking a very high risk?
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