Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Odohu
on 10/08/2023, 07:53:53 UTC
On the aspect of Bitcoin and Gold, I think both will play a key role in the future. While the later have come of age, the former ia still young and will take some time to fully harness the potential.

It seems to me that bitcoin is going to continue to eat gold's lunch, just as it has done in the past 10 years or more, so on an individual level you likely need to figure out how much to waste your time, energy and value to place it into gold... but whatever, each of us need to decide for ourselves the extent to which we might end up diluting our bitcoin investment into things like gold... I would suggest don't waste your time and money to invest any more than 10% of the value of your bitcoin investment into gold, but hey, you can do what you like.
I never bought Gold neither am I planning to by now... Like you said, Bitcoin have proven to be a better option. In other words, I feel the era of Gold is gone unless maybe the BRICS nations are able to reinstate the Gold Standard era which I have seen many people pontificating about. Howbeit, even if this happens, Bitcoin will still triumph given the ease of access, ownership,potential, security and many other advantages it hold for the generality of humanity.