Post
Topic
Board Economics
Re: BTC to GOLD
by
Golftech
on 08/01/2020, 17:22:34 UTC
As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.
have tried to hold Gold way back,when we are just newly wed and trust me there is no good profit and sometimes the value becomes lower when time comes you need to sell out.

not like in Bitcoin?when good timing comes?at least you can Profit 1-5% in just a week or so(but of course there is a dumping stage that if not luck?losing is what you've got.

In converting some of the funds from BTC into gold, the point is to hedge against large price fluctuations. It is true that you can earn a lot on the price of Bitcoin, but you can also lose a lot. Gold protects us against any large loss.
If you already a have huge gains from this industry then you can divert some of your investment to gold in order to secure your spare funds.
There's always relativity once you are into investment, people who knows to balance always find ways to look for additional ways to invest
their money. A smart move in order to have a best outcome in long term process.