Gold vs bitcoin right now

Epi@Epi

3Mon

Uncorrelated asset classes do what uncorrelated asset classes do: Uncorrelated asset class stuff. 🤷

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Mo@BigMo

3Mon

@Epi Digital gold, my ass. More like digital risk.

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Epi@Epi

3Mon

@BigMo "My ass" = "My donkey" - @DonkeyInvestor

Ask him! 🧐

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Epi@Epi

3Mon

@BigMo Not your coin, not your pain, not your gain.

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HyperX@AxoWallStreet

3Mon

This is a year to forget as an $BTC investor 🫣

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HyperX@AxoWallStreet

3Mon

@BigMo you have about 600k€ in $BTC?

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Mo@BigMo

3Mon

@AxoWallStreet A little more.
My portfolio has already rebalanced from 1/3 Bitcoin to 1/4 Bitcoin this year... 🫣

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Timo@Aktienorang-Utan

3Mon

@BigMo not bad!😳

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Epi@Epi

3Mon

@Aktienorang-Utan Are you one of those people who are impressed by absolute amounts? 😅

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Mo@BigMo

3Mon

@Epi When my portfolio has halved, I'll have to switch completely to 2xGTAA so you don't run away from me 😂
Better 3xGTAA...

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HyperX@AxoWallStreet

3Mon

@BigMo @Epi naturally has the perfect clientele with us $BTC investors, who have already received a psychological blow to the face and the KO is still missing so that we can switch to his momentum strategy, as this is currently also simply going great and is also quite stable in comparison 🫣😂

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View all 16 further answers

Wolfgang@goebi22

3Mon

Bitcoin has never been an investment. Toy for digital natives.

States are hedging against the coming ruin of the USA. In gold, of course, not in digital nothingness.

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Wolfgang@goebi22

3Mon

@goebi22 with levels 5 years ago it becomes interesting again

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Julius@Norisknofun

3Mon

@goebi22 if you say so Wolfgang

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Mo@BigMo

3Mon

@goebi22 "... the coming ruin of the USA... digital nothingness"
Relax, Wolfgang 😊

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Darkwing Donkey@DonkeyInvestor

3Mon

@goebi22 hadn't read anything from you for a long time. You're still funny. Nice to have you back 😊

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Wolfgang@goebi22

3Mon

@goebi22 Well, you can see now why Bitcoin is no good? It's not digital gold, it correlates with shares, it's unpredictable and it's hype. Why should you gamble with something like that?

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TotallyLost@TotallyLost

3Mon

@goebi22 I have a question about gold.

How do you derive the value?

It can't be the industrial and jewelry demand.
They only explain 20%.

Platinum is rarer than gold and is used more in industry, so why isn't platinum more expensive than gold?

Could it be that a large part of the gold price is simply speculation?
Or is platinum simply far too cheap?

Doesn't it follow that you should buy platinum instead of gold?

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Patrick Jansen@XRPatrick

3Mon

Is everything ok Wolfgang?

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NichtRelevant@NichtRelevant

3Mon

@TotallyLost I understand what you are saying. But apart from that, it would actually be wiser to invest in platinum rather than gold at the moment if you are thinking about precious metals. After all, platinum was also more expensive than gold for a long time and I could imagine that platinum might follow suit.

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Wolfgang@goebi22

3Mon

@goebi22 the value arises because states use it to become less dependent on currencies such as the USD. Only gold can

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NichtRelevant@NichtRelevant

3Mon

I'd rather take the gold than the monkey. 😏

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Mo@BigMo