21Shares BOLD ETP - Gold meets Bitcoin in a balanced investment product

@DonkeyInvestor do you think they will rise soon?

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Eselai@DonkeyInvestor

@Therapeut is that Saturn

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Sounds quite interesting, but what the fuck is "BOLD rebalancing",
why is it dynamic and not static? What is the aim of this?
You would expect that if you want to maximize return and minimize risk you would make it static.
Did they make that up out of thin air?
I would bet that this is marketing blah-blah and this type of adjustment is known by a different name.

The historical performance from the Fachet is 2022 on, so not representative. (BTC and gold bull market only)

I would bet my left testicle that a static semi-annual 50% / 50% rebalancing performs better in the long run.

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@TotallyLost How much is a testicle worth in getquin coins?

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@Ash How much are you willing to pay?

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@TotallyLost It depends. Are we talking about a proper/tight stallion testicle or pony testicle? I'm not quite sure based on your profile pictures.

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@Ash if you subscribe to my OnlyFans, you can check it out and decide for yourself. 😘

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@TotallyLost No, give it a rest. I already have to save the getquin subscription from my mouth. There won't be much left over.

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Alpalaka@Alpalaka

@TotallyLost https://www.youtube.com/watch?v=21mLECfpv3M

this is how i imagine @Ash when analyzing

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@TotallyLost well dynamic, because the creators always go into the asset that has the lowest volatility

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@Therapeut I understand that, but what's the point?

Vela is especially high when prices are falling.
So you mainly sell the asset that has just fallen sharply.
Quasi the opposite of buy the dip... Sell the dip 😅

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@TotallyLost Doesn't every ETF do that? Nvidia rises, more percent weight in the portfolio, Nvidia falls less weight in the portfolio

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Voir toutes les 4 autres réponses

@Alpalaka Just real handiwork! 😏

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Thanks for the introduction!
Basically, the concept of $BOLD is interesting. You can also see it in the price performance.
I would have compared it with <security:n/a:DE000A4AKW34>. This uses a complementary concept: weighting according to momentum instead of vola.

Both ETCs have a massive weakness that should be mentioned: the taxes.

Here, two tax-free assets are combined into one taxable asset. What is the target group for whom this is interesting? I somehow don't see it yet. Maybe you?

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@Epi Yes, the target group would find it relatively easy to manage asset allocation.
To be able to trade via a paper, golf and Btc

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@Therapeut Well, this target group simply buys 50/50 BTC/gold and rebalances once a year. It's not that expensive either... and tax-free!
What advantage does this group have with ETCs?

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@Epi Yes, in this case you have everything in one product on one platform. I would also use the All world. 70/30

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@Therapeut Sure, it's as simple as possible. It just costs money when you sell it.

I also recommended the ACWI-Bold combination a few days ago as the simplest option. However, it also has its weaknesses.
For the combination to work properly, it must be rebalanced at least once a year. Then you can also rebalance BTC and gold tax-free again. 😁

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@Epi so I'm better off with BTC, Euwax Gold2 and Ftse Allworld

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@Therapeut Tax-wise in any case. And the TER is also significantly lower. BTC ETCs are now available for 0.15% TER.

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O. K. Boomer@randomdude

16H

@Epi The tax disadvantage you mention here exists in Germany. In countries that do not recognize the special treatment of crypto and gold, it may not apply.

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harpo@harpo

With a little leverage, there's also this one from Quantify Funds: STKd 100% Bitcoin & 100% Gold ETF $BTGD, +44.54% (YTD)

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What about tax exemption? I have that with $BTC and $EWG2 after a certain time. Have you read anything about this by any chance?

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@Ash you pay capital gains tax as normal, the advantage would be that you save yourself the reallocation

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