Re: OMG !!!!! You BitCoin people were right. I wish I had bought back in March :(
What about Gold, HardFacts? I want to sell some of my profit from Bitcoin, and start diversifying to Gold. What is your price forecast for it? Would it reach $5,000 per ounce? I believe it would be one of the safest Store of Value especially after BRRRRR money printing by the Fed.
Congratulations Wind_FURY,
You have made a bunch of money by HOLDING BitCoin
Gold is a very good investment, more stable, and longer term will absolutely reach 5,000.00 per ounce.Which would reach it first? Bitcoin to $100,000, or Gold to $3,400?
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BUT: I think BitCoin will probably go up faster and more than Gold in the short term given all the institutions and corporations that are now starting to adopt it.
Short term? Zoom out, but it’s been 10 years. It’s not short term. We might have not seen “crazy” yet.
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JUST MY GUESS: There will absolutely be a time to sell some BitCion and diversify, but I do NOT think I would do it now while BitCoin price is still rising so quickly.
Trying to call the top of BitCoin price is beyond my ability, your guess would be as good as mine. Consider all the information out there, and do whatever you think best. You have done great so far.
From an investors standpoint, are you saying that Bitcoin is better to HODL than Gold? Would you actually tell your fellow Gold Bugs to sell Gold and diversify to Bitcoin?