Re: BTC to GOLD

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

what's wrong with gold? is there any news about gold will experience a drastic increase ?, whereas Bitcoin 2020 will do the halving, is it worth selling and replacing it with gold? I don't think it's not time yet, sir Wink

Don't be expecting the price to rise during halving. There is a pretty much good chance that the price won't even be impacted at all. The price halving is only going to affect in the long run. Short run affect is going to be minimal. Everyone knows about this "event" that is going to take place, thus the expected outcome is also bound to change. Look at the prices when halving took place. The prices weren't affected much but we have seen the price dropping instead (2016)

Just before the 2016 halving the price crashed because people had been booking profits. But let's not forget the fact that prior to the crash Bitcoin had been rising for over half a year (since autumn 2015, to be exact). However, I agree with you, to a degree, that with each halving the law of diminishing returns starts to reveal itself stronger and stronger, so we shouldn't in fact expect the effect of the next halving to be mind-boggling

If the price is going to hit the new highs, it won't be because of the halving alone