GOLD

jsofdc

Retail comes for GOLD then BTC, tops will be made.

Syncopat3d

How so? GOLD/SPX is currently at 0.653, a far cry from many of those historical values I listed, some much lower and some much higher; the current value should be much lower than the historical values if what you said is true.

bizaroo933

Told it yesterday. Sell this shit, buy GOLD

Syncopat3d

The 'underperforms' part is an often-quoted trope/opinion, but not really true depending on time horizon. GOLD/SPX is empirically cyclical at an interval longer than one human generation. Your claim is valid only if you subjectively choose a short attention span or recent horizon; compared to the wide range of GOLD/SPX values, there have not been enough cycles to prove the point about 'underperforms'. Historical data points for GOLD/SPX: * 1932: 4.7 * 1968: 0.66 * 1980: 7.8 * 2000: 0.192 * 2011: 1.688

ReMoGged

Interesting that PAXG peaked today at 4488, XAUT 4387 and GOLD 4379USD. PAXG seems to be always bit more expensive.

anthonyc110

Bros. Just set it and forget it. Trust me, I’ve been using this method of weekly buys for years now and it’s been working for me. The only thing I regret is not buying more on a weekly basis. Oh and also throw some strong stocks in the mix along with GOLD.

bizaroo933

100000000% GOLD

bizaroo933

Buy GOLD my friends! Gold is the safiest investment that excist. And yes this is financial advice! Enough is enough stay away from this scam market!

Emergency_Egg1281

I dont think its dead it being manipulated. Just like SILVER & GOLD were kept down artificially. The dollar will eventually go digital. I truly believe the entire crypto space is being controlled by a group of whales that have inside knowledge of events that move the market in advance. They are feeding on all newbies and , I hate to say it , the holders too. All that hold or have " diamond hands " are getting fleeced too. Holding and buying the dips is a great strategy but they still get drained over time as assets fall. Keep buying dips and before you know it you have a bunch of tokens but they are worth nothing. So everyone is exiting like they want. The pump will come as soon as you ALL sell. So please , listen to this guy and SELL , SELL , SELLLLLLL !!!!

LinoStar69

GOLD added BTC market cap in one week... crazy. I wonder it that money will eventually flow into crypto

LinoStar69

GOLD +10% since October 1st, why would retail invest in crypto that can rug -90% in 15 minutes?

PitoWilson85

Actually,the same government is robbing you and will blame you that it's your fault for being involved in the cryptospace because there are no laws for it nor against it, it's supposed to be a Free Market like the Wild Wild West . They will rob you and blame you at the same time, that's how twisted these politicians with their corporate and banking goons are. Remember, Crypto is considered almost like Counterfeit Money and all governments are against any currency that's competing against theirs. Get into GOLD AND SILVER NOW before the REAL CRYPTOCURRENCY DOES TAKE OFF.. 🚂 🚃🚃🚃

ButterflySecret6780

Yeah because central banks are buying BTC not GOLD

crowdext

This year I diversified and bought 2 more different wallets. I already have a real GOLD mine which makes BTC more valuable and I can send it world wide to buy everything I need.

Murky_Opening2532

Where did you get your info. ITS NOT GOLD OR BASED OF OFF ANYTHING. It has its own markets.

BuddyIsMyHomie

What’s insane is like—well, where else is your money safe? CASH? No, $DXY down >12% and the USD getting further devalued. EQUITIES? This WAS the move if you believed in U.S. Capitalism and engineering/innovation. Not anymore. CRYPTO? This ALSO WAS the move given policies, public bullishness, insider support (Sacks, Barron, etc.) Not any more… GOLD? This is ironically the place where you go when you don’t believe or trust in the administration. Apparently, DJT is either retarded, immoral and extremely greedy, or is acting on behalf of those who benefit from destabilization.

Syncopat3d

Such a foolish dramatic perspective. What if you try using Nov 2021 as a starting point, for a slightly longer perspective? GOLD: 1774 -> 3974 (+124%) BTCUSD: 56988 -> 121714 (+113%) BTCUSD has a higher realized volatility, so past performance is even less indicative of future performance. Yes BTCUSD is nice, but just because you like bitcoin does not mean you have to make fun of gold or gold holders.

Commercial_Leek6987

I am not “going on about” anything, I am pointing out that GOLD-SP500-BTC being down at the same time! Usually investors move money from one to another. Liquidation of all non-cash commodity at the same time is something I have not seen before.

Escapement_Watch

lol Crypto always stutters when GOLD PUMPS. We need gold to calm down and chop sideways then we can resume. But I think it will be a slow melt up bull run that extends into 2026. It is very different now with institutions and etfs.

Johnsie408

If they were all falling at the same rate then they would appear to be stable. You need to compare these currencies to something else like GOLD or BITCOIN, all currencies are losing ground against these safe havens.

LinoStar69

I bet GOLD will hit 5k before ETH 🤣

bitcoin_islander

Look up the GOLD/BTC chart and dont cherry pick data based on the last 6 months alone. Gold going nowhere.

iwannaskibbittvbeep

ETH, while it is the most useful ALT, will never be anything close to GOLD when it comes to inflation proofing your portfolio. Its closer to gambling, and most of my portfolio is in ETH, so take my word for it. I also do a lot of SILVER/GOLD investments.

iwannaskibbittvbeep

GOLD/PAXG is inflation proof because gold is a store of value. BTC and ETH are crypto, a small subset of finance and are affected by inflation. BTC will have more crashes. GOLD doesn't really crash that hard

olegai

and the reality is that if you would've bought GOLD you'd be in much safer space:)) and look at the gold performance this year ...

Lagna85

If u bought GOLD at the start of the year, you will have +53%. If u bought BTC, you will have +28%. For most alts, it's negative.

jwz9904

Old is GOLD

EvilBeanz59

more than that my friend. You are seeing more fiat chase the same amount of BTC. The direct reasoning on BTC and its ATH is because of easy money )easier than normal I should say LOL) because of this you see a direct influx of where those dollars go....GOLD BTC and other assets.

biba8163

*If you are lucky enough to be an investor who has access investments in the capital markets in the U.S, you really should diversify.* There are a lot of people in developing and 3rd world countries who don't have access this type of market that are relatively efficient, high growth, free of corruption and manipulation and BTC may be the only option for them. Use February 2021 as a starting point when BTC reached $1 Trillion marketcap as a global asset and not 2018, 2013 or 2010 when BTC was either a relatively small or tiny asset giving you some outrageous CAGR which cannot be repeated by a multi-trillion marketcap asset. From there BTC performance is still impressive but it's more in line with other traditional assets. It's actually very impressive that despite the huge appreciation in gold with central banks buying thousands of metric tons of it in the last few years and the AI narrative and CapEX spending in the stock market, BTC is still a top performer among these assets in the last ~5 years from when it reached a $1 Trillion marketcap. I throw individual stocks in the comparison because people inevitably scream NVDA today like they screamed TSLA in 2020. Outpeformance of various asset classes, individual stocks and even BTC wanes and waxes and nothing is guaranteed so diversification is key. BTC has been a great diversifier even after reaching a monstrous $1 Trillion marketcap. *Annualized from 02/19/2021 when BTC reached $1 Trillion Marketcap* | Asset | From Date | CAGR | |:-----------|------------:|:------------:| | NVDA | 02/19/2021| 75.1% | META | 02/19/2021| 24.28% | MSFT | 02/19/2021| 18.06% | GOLD | 02/19/2021| 17.87% | BTC | 02/19/2021| 17.20% | AAPL | 02/19/2021| 16.18% | QQQ | 02/19/2021| 13.65% | SPY | 02/19/2021| 12.38% | GOOGL | 02/19/2021| 11.57% | TSLA | 02/19/2021| 11.44% | AMZN | 02/19/2021| 6.74%

jwz9904

retail are in GOLD

holyoak

Not sure drops in $USD qualify as new ATH. We should be measuring against GOLD.

dalvik_spx

The cause of “uptober” is quite simple: it is the beginning of Q4,and if markets have done well during the year, this forces sidelined tradfi capital into the market, needing to keep up with competitors and their own benchmarks. This is not just a simple matter of fomo, it is a necessity to keep up with your benchmarks and competitors, or you will lose AUM or even your job. BTC is a great vehicle for this, due to its high volatility, returns and liquidity. Not much can substitute for it in this regard. This is especially true if SPY and GOLD are up a lot on the year; it’s only natural to begin eyeing BTC as a way to catch up. Conditions going into the end of this year could not be more perfect for a textbook performance chase, as many were shaken out by the tariff tantrum and either underperformed or some still (esp liberals and moderates) sidelined entirely. Many of the traditional crypto specific seasonality effects are fading in relevance with a fundamentally different set of participants driving the market post ETFs. But the drivers of the Q4 performance chase have become more relevant, if anything. Credits: [https://x.com/grimacexbt/status/1973741517039878343](https://x.com/grimacexbt/status/1973741517039878343)

De4dMoney

Here is what I found today on X by @grimacexbt an excellent account to follow “Why is October often so bullish? The cause of “uptober” is quite simple: it is the beginning of Q4,and if markets have done well during the year, this forces sidelined tradfi capital into the market, needing to keep up with competitors and their own benchmarks. This is not just a simple matter of fomo, it is a necessity to keep up with your benchmarks and competitors, or you will lose AUM or even your job. BTC is a great vehicle for this, due to its high volatility, returns and liquidity. Not much can substitute for it in this regard. This is especially true if SPY and GOLD are up a lot on the year; it’s only natural to begin eyeing BTC as a way to catch up. Conditions going into the end of this year could not be more perfect for a textbook performance chase, as many were shaken out by the tariff tantrum and either underperformed or some still (esp liberals and moderates) sidelined entirely. Many of the traditional crypto specific seasonality effects are fading in relevance with a fundamentally different set of participants driving the market post ETFs. But the drivers of the Q4 performance chase have become more relevant, if anything.”

BitterEstimate

Fok I wish I bought stock in GOLD

Due_Condition_1832

Little late, but this popped on my feed, I wanted to maybe add at least one coin that’s unique in that it’s coin literally reflects the price of gold, its chart therefore is fantastic, it’s called PAX GOLD, so yea bitcoin is one you def want to have. Many others will say other big coins (ETH, Sol, LINK) but I wanted to add this as a good one to start with

biba8163

It's absolutely disingenuous to talk about global liquidity and outpeformance then to use the starting point of 2015 when BTC was a tiny $4 Billion marketcap asset that was almost at penny stock levels and had zero impact from global liquidity. Use February 2021 as a starting point when BTC reached $1 Trillion marketcap as a global asset. From there BTC performance is still impressive but it's more in line with other traditional assets. *Annualized from 02/19/2021 when BTC reached $1 Trillion Marketcap* | Asset | From Date | CAGR | |:-----------|------------:|:------------:| | NVDA | 02/19/2021| 73.92% | META | 02/19/2021| 26.11% | MSFT | 02/19/2021| 17.78% | GOLD | 02/19/2021| 17.18% | AAPL | 02/19/2021| 15.89% | BTC | 02/19/2021| 15.37% | QQQ | 02/19/2021| 13.74% | SPY | 02/19/2021| 12.24% | TSLA | 02/19/2021| 11.29% | GOOGL | 02/19/2021| 11.22% | AMZN | 02/19/2021| 6.89% At around ~$1 Trillion range, an asset has reached megacap status and you need significant fundamentals and/or narrative to attract real money for continued appreciation -- the returns become muted. I mean look at ETH, it is returning negative since it reached a 1/2 Trillion marketcap 4 years ago. *Annualized Return of Assets after they reached $1 Trillion Marketcap (including 1/2 Trillion Marketcap ETH)* | Asset | 1T Mktcap. | CAGR | |:-----------|------------:|:------------:| | GOLD | 5/21/1979| 5.96% | AAPL | 8/2/2018| 24.85% | AMZN | 9/4/2018| 12.15% | MSFT | 4/2/2019| 24.75% | GOOGL | 1/16/2020| 24.25% | BTC | 2/29/2021| 15.37% | NVDA | 5/30/2023| 106.73% | META | 01/24/2024| 9.97% | TSLA | 11/08/2024| 5.06% | **Asset** | **1/2 T Mktcap.** | **CAGR** | | ETH | 10/28/2021| -5.14% Even after reaching ~$100 Billion marketcap range, besides BTC crypto assets returns are much more muted or negative. *Annualized Return of Assets after they reached $100 Billion Marketcap* | Asset | From Date | CAGR | |:-----------|------------:|:------------:| | BTC | 10/30/2017| 50.08% | ETH | 01/06/2018| 19.67% | XRP | 01/03/2018| -1.17% | BNB | 11/05/2021| 14.04% | SOL | 11/11/2024| -5.17%

biba8163

I am up over 400% on all my BTC buys from the bear market in 2023. That's better performance than almost anything else I could have put my money into. Sure I could have put everything into NVDA or the 5 Alts out of 50,000+ that might have outperformed BTC but I don't have a crystal ball. Only thing I was fairly certain of was that BTC was trending up after a bear market bottom and it was a movie I'd seen before. *BTC is Alpha. BTC is the diversifier that gives you out-peformance in a portfolio of traditional assets* which you should be owning anyway. *A portfolio doesn't mean holding an assortment of shitcoins, the vast majority of which lose money and/or massively underperform BTC.* Alts give you ZERO diversification and only introduce more risk. Why? Alts have a very tight correlation coefficient with BTC, meaning you are totally depending on BTC appreciation to increase in value and even if BTC goes up, most Alts likely still won't appreciate much or at best just pump and dump which you won't be able to time. | Asset |From 2/10/2023 | |:-----------|------------:| | NVDA | 742%| | BTC | 428%| | GOOGL | 154%| | AMZN | 137%| | GOLD | 98%| | QQQ | 93%| | MSFT | 90%| | SPY | 59%| | AAPL | 49%| Sharing 1 address with ~$5,000 invested in cycle bear market of February 2023 ==> Current value ~$28,000 https://bitinfocharts.com/bitcoin/address/38DsNUNwTfuGsnPzCF9EyotGq1wuuiqhsu It's a timelocked BTC HODL address. Here is the redeem script which shows the address whose private key can can unlock this timelocked address above. https://coinb.in/?verify=04d05f3978b17521027e56340dfee827c839e97d7557c4d273ba165617e5ea5f600d7f8415c72ec3ceac#verify - Address of Private Key: 1MdgmaePEskR9MLJK4YuhqxUhYKtK8yQDC - Message: biba8163 - Signature: Hy20piDSMP/CyMzIl736GES0x9oQPm3TeL0GNE/K5ZyuX+FPX2jW9kyW4AsYYkqwsMpz/XR7Cfwrj7Ezbu3Gg9w= - Verify @ https://checkmsg.org/

AccomplishedToe2217

This is GOLD

polymath_uk

It's a bit not correct. Origin: (BTC) mined using computation Scarcity: (GOLD) Hard cap based on availability on earth Volatility: (BTC) variable depending on f(t) - especially the hype cycle and maturity Regulation: (GOLD) also varies by country (eg whether legal tender) Divisibility: (GOLD) divisible to individual atoms in principle.

No-Masterpiece2246

Be patient. As governments roll out biometrics and CBDCs the crypto payments space could explode. Imagine black markets multiplying 10x or 100x. How will they be settled? OIL and GOLD are already being sold for crypto. Those are trillion $ markets.

bitcoin_islander

Look up the GOLD/BTC chart

LinoStar69

BTC is up \~10% since January, while NASDAQ is up \~16%, SP500 \~10% and GOLD \~40%. Yep that shit ain't worth the risk anymore

nezeta

BTC is now at $110K and expected to reach $1M eventually. Not many people doubt it anymore. So, why would it be too late? Do you really think like of GOLD and NVIDIA will do 10x?

Escapement_Watch

Never bad to buy GOLD! digital or real

ZjY5MjFk

The new law requires that stable coins be backed by cold hard USD OR treasuries. Treasuries are US government debit. So if you have stable coin and want to issue $1 billion, pegged to dollar, then you will take $1 billion in US Treasuries to back it (because treasuries pay interest unlike straight USD). So great, on one hand you have a nice stable coin. On the other hand, you just bought $1 Billion of US Debit. Your stable coins can trade world wide, on any crypto market that lists them (or defi). Congratulations, your international stable coin is success. But at the same time, you just exported US Government debit. -- It's a way for government to get more credit and to export that credit to places that otherwise might not buy that debit. It's a new line of credit for the US Government to borrow from. -- Not sure what he is getting about with the second part. But typically governments don't straight up "default" on their obligation. They inflate it away. They inflate the money supply and pay off their debits with newer dollars that are worth less. Look at USD/GOLD or the dollar index. The dollar is losing value. If I borrowed $100 from you in 2000 and then gave you back $110 today, you might think "wow, 10% return, thanks!". But $100 in 2000 had the buying power of $180 today. That is, that $110 still buys less today then $100 did in 2000, so you got more dollars back, but you can buy less real goods/services with it today.

deadpanpoker

You asking this question might mean you don't understand the role that BTC is currently playing... Why do folks invest in real estate properties? Cash flow, home appreciation, tax advantages, etc... Why do folks invest in Gold? (hint: same reason why people invest in BTC) Me? I invest in GOLD & SPX6900 which is the next BTC.

rslashhockeymod

GOLD truthfully.

flashbubbles9

This comments GOLD 🤣

kertenk

etf-paper bitcoin Paper bitcoin same as paper GOLD (Suppressed by banks and govts)

Key-Jelly2278

GOLD

stockaddict2021

GOLD

former_farmer

I think he means in the 70s it was made illegal to buy and hold GOLD by citizens.

Otherwise-Chart-7549

Oh fuck yeah time to go churn my click bait titled article and cite some vague reasons, splash of TA and cite that guy. GOLD MINEEEE!

GimmeMoney24

no harm in diversifying! Especially if you're up big! I love BTC and will always be a BTC maxi but the facts are the marketcap cant 5x at this point w/o the entire worlds GDP skyrocketing. Mint ends 2140! BTC is here to stay and will increase longterm from here as supply and demand will always be there especially as generations grow up with BTC being the GOLD standard! Make your own decisions, but your advisor isn't giving you bad advice! Think of altcoins and things that can be a little riskier but maybe get you bigger gains that you can reinvest into BTC! NFA

bitcoin_islander

Look up the GOLD/BTC or the XAG/BTC chart for yourself that everything against bitcoin goes to 0. Sell silver, buy bitcoin is a no-brainer.

Ok-Brilliant-5498

Tru say but the crazy thing is that if the creator of Bitcoin wud actually cash in their coins they’d almost be the richest person in the world 🌎!!!.. And that whole thing started in 2008 and now it’s worth more than GOLD.  Basically nothing which is sort of what bitcoin is becomes the wealthiest asset in the world, and it’s crazy to think 🧐 

Enough-Now

Sell as you need CASH and hold as you keep GOLD

tomsmac

Trump just placed Tariffs on…..GOLD.

J0e_N0b0dy_000

A. It doesn't store a value, asset backed systems exists that do, and not just GOLD!!!, there's also asset backed bonds and other fully collateralized financial instruments. B. It's a bubble, perpetual growth is a mathmatical impossiblity, if bitcoin is worth 1m USD per coin it's market cap would be 21 Trillion. C. It's only actual value is the price of the transactions on the network, currently $501, 456.6 worth per day, this is a fraction of it's market value.

mskhour1

It’s getting kind of weird. Is BTC hard money? Sure. Does it fix much wrong? Yes. However imagine if someone went there with a huge flag that said GOLD!! It would be kind of weird. End of the day it’s just money

Easy_Resolution2306

counter point: BTC/GOLD is going up.

Abdeliq

About the BYBIT card, do you guys have plans to expand to more region this year or anytime soon??? I know BYBIT is literally one of my favorites exchange, even as most CEX is banned in my region, BYBIT still consider us..... But how does BYBIT are as well making plans to differentiate itself from it top competitors in the trading market(excluding the option to trade gold, stock etc) And talking about GOLD, why is TRADFI Gold not available to trade 24/7? And honestly when I saw the announcement, I thought we'll be able to trade physical gold through p2p but I get it now(bybit us a digital asset platform, so trading physical gold is near impossible) but are there any plans for physical bar/coins for gold trading through regional p2p and what securities measures are in place to prevent scam if you're planning on physical gold trading? And is they any plans to expand TRADFI to more region as well? Since it's limited. And about the breach from Lazarus in North Korea, is there any ongoing plans to recover the stolen funds? Through maybe tracing each transactions made and is there any new string security measures in place to ensure history doesn't repeat itself? And if there's a security measures, do you like make plans to place a bug bounty to pay ethical hackers for pentesting? Thanks for hosting the AMA My USER ID: 388349801

zmey56

GOLD))))

nezeta

No way. GOLD will remain unrivaled forever. BTC will eventually be at #2, but its market cap will be half that of GOLD (like $20T vs $40T).

Full_Relation_4611

If I was 23 again I would observe AI was added to my competition, ontop of women and immigrants. Easy to see they have to reset the fiat system since it is clearly on a runaway track. Just like pokemon cards, the value of BTC is in the purchaser's eye. In 1991 everyone thought upperdeck baseball / hockey cards were a wise investment. The only thing that was certain throughout human history was GOLD in your hand not that ETF crap. BTC is subject to the new system just as it is subject to fiat today. Your internet access can be restricted, your person can be cut off from fiat exchanges and currently BTC is getting wrapped up into the NWO. So if you do wind up having a bunch of it you will have to be a whore of the "golden age" system in order to use it. The days of trading BTC for hockey bags of cash are gone and the freedom we had is gone with it. So, observe your freedom is being further restricted each year, your competition is increasing with each deployed GPU and issued passport and everyone is getting less competent and less willing to uphold a system that keeps them fed due to rampant fraud and general degeneracy. Your call bud, but if I was 23 again, I'd start reading a bible.

Massive_Branch_2320

Whats interesting is one guy was yelling at me saying the original promise of btc was "insane returns" and me daring to question that thesis by showing the white paper was somehow blasphemous. I mean, sure, at the moment BTC is acting like GOLD did before it acted like a "stable" currency. But BTC never promised anything other than verifiable transactions and ownership of an asset in the digital space // cannot be duped etc. I don't get why its so hard to get that without gaslighting us with tulip lore. Anyway, glad Im on this sub. I cant believe the animosity they have towards people that were able to make big positive change in their life outside a rigged system. How dare we find an alternative! Imagine these folks back in the day encountering the internet? "ITS GOING TO ZERO!"

Prudent-Car-452

likely yes BTC more so, as its an inflation protection asset, ETH is just tech Kind of the choice between AAPL (ETH) vs GOLD (BTC)

supercali45

GOLD is too old school.. useless in this digital age.. here come BITCORN

penty

>Yeah 'these' (gold) asteroids! Wow the irony of you trying to correct me... Your assumption is that every asteroid is gold and not these "coveted" other metals. I gave the OP the benefit of the doubt to assume he was meaning all the possible metals.when they described ' these asteroids'. I guess YOU can read it the other way. So yeah the "the irony of you trying to correct me". You're inserting yourself into a conversation just to redefine the discussion so you can be pissed about something. >A cursory bit of research into industry and the metals required would make it obvious to anyone that bulk gold provides very little industrial benefit. Sure, buddy. Spoken like someone who hasn't done their research. 'most useful metals in industry' or 'rarest metals used in industry' Such searched relate to NOW which INCLUDES FACTOR ON THE CURRENT PRICE OF GOLD. There are many uses where anything but gold is a lesser sub.

Jay314stl

Do this same math-but in GOLD and see what you come up with.

Knerd5

These hypothetical 6102 conversions gloss over the foundational aspect of what happened. Gold was seized because the USD was literally BACKED BY GOLD. At the time in order to print more dollars you literally needed to *have more gold*. The economy was frozen in the great depression because of the limitations of a hard currency and thus extreme measures had to be taken. The USD is not and will never be backed by bitcoin. It will never be backed by anything ever again. Getting a nation wide bitcoin seizure past the Supreme Court will have an insurmountable climb because of this. Understanding the context of 6102 is more important than what 6102 actually did.

Cute-Preparation-834

Jeez I must be talking French. Listen they can do a derivative and trade it without owning it just like gold. Then dump billions of paper bitcoin on market to suppress price LIKE THEY HAVE DONE WITH GOLD FOR YEARS

Cute-Preparation-834

Jeez I must be talking French. Listen they can do a derivative and trade it without owning it just like gold. Then dump billions of paper bitcoin on market to suppress pr8ce LIKE THEY HAVE DONE WITH GOLD FOR YEARS

ecnecn

The third image for the people that bough NVIDIA 10 years ago or GOLD 20 years ago is ultra NSFW ?

DaveRS57566

You're very welcome! Glad to help! This is the perfect time in your life to start saving for your future! If I could go back in time, I would tell my younger self the same thing. Basically, to build an investment portfolio that contains a diverse selection of key investments. Investments that not only look like they are going to rise "to the moon" so to speak, but also some more conservative investments (like index funds that are tied to the performance of the most successful companies), or Bonds that have guaranteed returns, real estate, etc.) to hedge your risk. The best thing about investing in this day and age, is that you don't require a broker like when I was your age. And you can get started with as much or as little money as you can spare. I started day trading just a few years ago on Robinhood, just because it was easy for me. I put at least $100/mo into BTC and others and have recurring purchases set up to automatically execute monthly purchases out of money that gets automatically transferred into my RH investment account so I don't forget. I think you get the idea, you're totally doing the right thing by starting to save for the future now! The only other thing I might have told my younger self, was to buy more gold! Lol. BTC could very well be YOUR GOLD!

OkPatience3922

which is the "true" BTC value? Maybe BTC/GOLD?

Cold-Operation-4974

i want several acres of land and guns and gold bars and a selection of 90s and 2000s automobiles. preferably in a mountainous region within half an hour from a walmart and mcdonalds. what i buy and sell to get there doesnt matter much. i dont really see the point of OWNING shares of Apple over investing in AAPL through a traditional brokerage platform. *(yes i realize that blackrock and fidelity and vanguard get all the voting power to control the corporations and thus control the planet. i never believed BTC was going to change that. i honestly believe BTC was made by the CIA to buy the USA another century of hegemony and give the secret banking families that control the planet more time to take over the world's supply of GOLD because there will be less upward pressure on the price of gold due to all the demand that will shift to BTC. banks have been and will continue to take over the world and governments will continue to do whatever it is banks want as has been the case for the past 500 years. i dont think this ends until jesus comes out of the sky to defeat his enemies. am i crazy. sure. i also bought BTC at $7k and i'd like to learn more about this cold storage thing. but its a bit confusing.)* the same thing goes for gold and bitcoin... though i could see a future where i might want to keep a portion or all of my gold holdings in physical coins buried in the woods... i cannot see a situation where i need to do the same with bitcoin in other words. i see a .0001% chance of a zombie/nuclear/weimar/electromagnetic disaster bringing us to a world where guns and bullets and gold coins reign supreme. it would be very convenient to be holding a box full of gold coins and not GLD shares that are entirely gone. poof. i see a 0% chance of my bitcoin or stocks being useful in that scenario. if the US stock market goes to ZERO... its because there are aliens blasting us with lasers and bioweapons and the only safe places to live are in caves... so BTC in a cold wallet is as useless as BTC on the coinbase platform or BTC in a fidelity ETF.

Stackertotherafters

I was all in on bitcoin, got in mid 2017. Now, I see that having some bitcoin is fine but the true system outside the system is GOLD. I’m happy to answer questions to dig deeper if you would like but I am more convinced than ever that bitcoin is the distraction to take the attention away from what is happening with gold. The fiat system is broken by design, and rapidly devolving into worldwide hyperinflation. A new system must be implemented. But, gold is THE item to carry wealth through time. Bitcoin will exist, sure. But it isn’t the end all be all like many believe.

Narrow-Ad6797

When you say things like this it's insinuated the dollar will not collapse. If that's your point we might hit 7.18 billion ZWL(the hyper inflated zimbabwe dollar) within a year. Assuming the USD stays not collapsed, 50m per coin would mean a market cap of 1.05 QUADRILLION dollars, a little under 3X the entire world's real estate market. Or 67.6X bigger than the market cap of GOLD. No way Jose. No way.

Django_McFly

Plenty of easy money to make in crypto. Some random shitcoin is going up 100%+ everyday. Within the last two year you could have bought $16k BTC. $900 ETH, $10 SOL. BTC is $100k+ today. ETH is $2300 and SOL is like $150. If you couldn't make any money off of that, I don't know what to tell you stop. Actually I do: STOP PICKING ULTIMATE DOG CRAP THEN BLAMING THE MARKET BECAUSE IT TURNS OUT THAT YOU ACTUALLY CAN'T ALCHEMICALLY TRANSMUTE SHIT INTO GOLD. > Bitcoin breaking 100k didn’t give us the Altcoin season we were expecting Ultimate dog shit tokens always die. Always have. Always will. If you think there was no alt season, it just means you picked this cycle's BCH or NANO. You thought AVAX in 2025 would rise from the ashes like ETH in 2021. Unfortunately it turned out to be EOS in 2021 where it showed the world it would never be relevant.

Smooth-Negotiation15

I’m not investing primarily to get rich. I’m stashing money in BTC to escape the inflation and devaluation of fiat currency. Because of endless printing of cash, naturally GOLD & BTC will rise over time. If I get rich, awesome. If I don’t I’ll still be in a better position long term vs being in all cash

Knownblock8

They could ban us from buying more since they program it they could track an monitor every thing don’t comply u get cut sounds like the beast system. No cash want silver nope gold nope bitcoin Nope ! They own you. Maybe not at first but it’s still fiat so no matter what it’s the same system except with out cash. But with cash if I want I can buy silver hide it and who knows if I have it or not. By btc freely. Rn is the time to buy assets BITCOIN GOLD SILVER ACRES OF FARMLAND or don’t and own nothing and be happy

biba8163

> If you bought BTC a year ago for $100 you'd have $110 today BTC was $64K 1 year ago. It's not up 10% in 1-Year, it's up 62%. I could do this math in 3rd grade. - BTC 62% - GOLD 45% - S&P 500 ~9% - QQQ ~9%

bitcoin_islander

The GOLD/BTC 10 year chart will tell you all you need to know

Grunblau

Considered selling paper SLV and GLD and buying tokenized versions like Meld GOLD and SILVER as well. At least buy PSLV if you can.

lloydeph6

now add a 3rd section for GOLD

bitcoin_islander

Show him the GOLD/BTC chart. You're welcome.

bitcoin_islander

Have you ever looked at a long term GOLD/BTC chart? Its a curved line straight down. Learn how to Zoom out.

Helpful-Internal-969

GOLD….wow that give new new meaning to MY ASS IS RICH AS HELL….😂😂😂😂

The1WhoDares

I have plenty of it, well actually I have a few hundred. 300+… its not a bad deal, especially right now. Sol has gone down, but it has been going up. Things are LOOKING really good for the cryptocurrency community right now. U own ANY crypto and u have GOLD fingers. lol, I wish I could buy more, TBH

Knownblock8

It’s BETTER THEN GOLD ITS THE ASSET OF ASSETS…. Do ur due diligence or mock me

dpd11

Ayyy very nice! Check out PLAT/GOLD chart. Plat is so undervalued and will play catch up

dpd11

Suggest you look into rare metals exposure too. Gold, Silver, platinum, palladium are all coming off of range lows compared to SPX (GOLD/SPX chart for example). They should be outperforming SPX especially if 10Y yields keeps rising. We seem to be in a period where commodities will be marked up, hence outperforming the SPX Just a thought…do some chart analysis and see for yourself.

Rent_South

I personally think the US ETFs and the institutional interest has changed the game completely. Just how it changed the game of GOLD when they were created. From that point on, the downwards volatility had been massively reduced.

Lion_Small

NitefeederToken is absolutely primed for a face melting run. This is meta GOLD at 3.5m mc and just over a year old. Team is pushing. Massive game near completion. PEPES ONLY PET. Nitefeeder - Pepe's pet kiwi bird. Found in The Boys Club and Night Riders Comics by matt furie. Zeus is bundled fake garbage and is at 50mc rn. Dont fade or you may pay 🙏🏼

nezeta

GOLD is also inflating. BTC won't ever catch GOLD.

dpd11

You may need a certain level subscription. Where you type in the ticket, type “=BTC/GOLD” and just verify you’re using the correct units (USD vs market cap)

benditbackwards

excellent analysis, we actually should be comparing Bitcoin to GOLD to determine if we are at an ATH compared to gold, and for that we have a ways to go. But all in all ATH really doesn't mean much these days, when you are comparing the hardest asset known to man. Eventually its going to ATH everything else.

NotTheSharpestPenciI

ATH? lmao. No, it isn't. It's dollar that's sinking. BTC/EUR: https://www.xe.com/currencycharts/?from=BTC&to=EUR BTC/GBP: https://www.xe.com/currencycharts/?from=BTC&to=GBP BTC/GOLD: https://www.xe.com/currencycharts/?from=BTC&to=XAU And so on. As a bonus, USD/GOLD: https://www.xe.com/currencycharts/?from=USD&to=XAU I didn't need you to prove my point because I already unsubbed, but thanks anyway.

Narrow_Tradition467

Not a coin, GOLD. XAUUSD