BTC vs VirtualGold- Did you ever notice that BTC and PaxGold/BTC have a perpetual inverted correlation ?
- All Pax Gold tokens are backed 1:1 by ounces of London Good Delivery bars held in Brink's vaults.
- Allocated gold-backed PAX Gold tokens are protected both in the vault facilities and in transit. Availability of FDIC Insurance for Stablecoin Reserves.
- PaxGold acts as store of value when BTC dip.
- Some Whales don't like to switch their BTC to stable coins.
- So they just turn on PaxGold when BTC crash.
- This also can be a good alternative if you don't use too heavy Leverage.
- Keep 50% in BTC.
- Keep 50% in PaxGold.
- if you are fast enough, you could find a way to make some bucks.
PS : Don't forget that this analyze is 100% paired with BTC.
Happy Tr4Ding !
