Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 29/06/2022, 03:32:00 UTC
My proposition is that Bitcoin and gold are complementary assets—both good, both necessary, with some very different strengths.

I'll start out by stating that my proposition is: Fuck gold.  It's a shitcoin.  Stop talking about shitcoins here.

My alternate proposition is consider various assets in terms of "what you going to do about it?"

What is your allocation? Is it the same as bitcoin?  or is the investment thesis for gold a fraction of bitcoin's?  Such as 10% or maybe more realistically 1% or 2%?

Here's approximately how my various allocations in various assets have changed through time  bitcoin my allocations were approximately this.

Late 2013

BTC           Stocks               Bonds (fixed/govt)                      Property               Business                Gold (Pms)             Cash       Hybrid Income generating fund      other
0%              20%