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/biz/ - Business & Finance

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File: 135 KB, 1200x674, bitcoin vs gold.jpg [View same] [iqdb] [saucenao] [google]
25825391 No.25825391 [Reply] [Original]

>he bought gold

>> No.25825495

>>25825391
Gold is only useful for cashing out.

>> No.25825598

>>25825391
peter Rekt

>> No.25825628

Gold is a store of value, its not supposed to go up

>> No.25825708

>>25825391
>Bitcoin -20% in 1 day
>Gold steady as fuck over thousand of years
Yeah compare 2 completely different assets with each other.

>> No.25825711

>>25825628
Yes it is, it's suppose to hold its value against inflated fiat.
The only thing deceptive about that picture is that 2012 was the peak of the PM bull market and 2021 is the start of this PM bull market.

>> No.25825722

I'm a goldfag myself but it is honestly hilarious watching peter cope while BTC moons and gold can't even break 2k.

On a more serious note, with a long time horizon gold is not a dumb investment right now, but the idea is to buy it at intervals and kind of forget about it for 10-20 years.

>> No.25826151

>>25825722
>gold is not a dumb investment right now
It's not dumb to buy gold, but it is dumb to invest in it. The whole point of gold is that its value stays the same. The only way gold can 'go up' is if everything else goes down.

Best things to invest in right now are non-bitcoin cryptocurrencies. Whenever the bitcoin market crashes or stagnates, it appears that a select few cryptocurriences encounter their own bubble soon after.

I hate the chainlink shills but... dont say i didn't tell you. Expect 10x within a few months.