Gold/Bitcoin: Gold is cheap, relative to Bitcoin
Updated
Just a heads up, there are many easy ways out of crypto and into gold, it wouldn't shock me to see metals going up, with all this new crypto wealth that was created this year.
I'm holding some physical positions, and looking to stock pile some more.
Might be a good idea.
Cheers,
Ivan Labrie.
I'm holding some physical positions, and looking to stock pile some more.
Might be a good idea.
Cheers,
Ivan Labrie.
Note
Looking good.Note
Good time to add to gold with BTC.Note
Uptrend failed, my gold is underperforming BTC, but, it did outperform the dollar at least.Note
Even cheaper now, gold can rally to 1400+-, maybe higher.
BTC can at best move 15% higher, but it can also collapse. Risk/reward in gold is almost 7 to 1, vs negative r/r in btcusd.
Do the math...
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