Quote:
Originally Posted by RX792P
Since 'digital coinage' seems to be a big part of the 'Trump Economy'.
Bitcoin is down 20% on a 1 year basis and 30% on a 6 month basis.
Time to buy the dip? Or is there more dippage on the way.
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It's not digital coinage it's digital risk. Anyone who wants Bitcoin right now must have a lot of faith in Trump. North Korea, Iran, Russia, and China want to send a nuclear missle America's way or an EMP attack to send us back into the Stone Age. Good luck getting your Bitcoin out of the exchange when every computer circuit board gets fried and every transformer blows.
BTC is down 37.5% from it's all time high of 126,000.
Gold is down 13.8% from it's all time high last week
Silver is down 30.9% from it's all time high last week but clearly way undervalued and more sought after than bitcoin and gold at the moment
Physical gold clearly being the winner with more stability as a "money", 5000 year track record as a money and accepted around the globe. Central banks are stacking gold and or silver, not Bitcoin.
Bitcoin can be declared illegal at any moment competing against goverment stablecoins, gold and silver cannot.
Investors will be better off buying the dip in silver or gold versus bitcoin. If you can't touch it you don't own it.