Post
Topic
Board Bitcoin Discussion
Re: Bitcoin outperforming Gold
by
xiboothrezi
on 22/01/2021, 22:51:07 UTC
Don't forget silver.

The gold/silver ratio suggests that there may be an inverse correlation between BTC/Gold, as silver seems to have held up better the last couple of months:

https://www.bullionbypost.co.uk/price-ratio/gold/silver/threemonth/
that is why splitting your investment across multiple products is better. can reduce the risk of large losses if one investment product has decreased. and can increase profit opportunities if there is good news that makes prices rise.
in my opinion, gold investment is very suitable for long-term investment, the risk is small and the price tends to go up. it only takes a simple market analysis to determine the right time to buy.
gold, silver, and bitcoin are both potential, understand the risks and market analysis strategies, thereby taking advantage of opportunities to get profit.