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Portfolio diversification with Silver and Gold is very important i think. Then if in some point in future bitcoin private keys gets compromised because of some previously unknown tech like quantum computing or something similar.
What happens is the value of gold and silver likely to rise tremendously.
So if u have a portfolio of 50% in metals and 50% in cryptos then if crypto goes to zero then metals are likely to grow by 3 or 4 times and ur portfolio still grows. So u dont have to be worried about a main chain hack on bitcoin or 51% attack or any sort of that kind of stuff.
Thank you so much
First time someone is appreciating my ideas here on stacker.news
Everything including bitcoin can be manipulated. Not limited to Gold and TradFi
Manipulation in bitcoin may be limited becuase the blockchain is public and transparent. But as ETF comes , power to dictate the price of Bitcoin also comes with that. Look at the way the GBTC is filing for covered calls.
But i think bitcoin wont be that easy. Covered calls on a volatile asset like bitcoin is height of stupidity i think Even for GBTC. May be they would start with covered calls for 50000 or 100000 bitcoins.
Bust finished reading that long and really highly interesting article, well done @cryptofolyo
I would mention an inexactitude when you mentionned vanguard filing for btc etf.
I am glad i finally found someone that , like me, think precious meral are worth investing in even thiugh prices are highly manipulated by wall street.
Regarding ampleforth… never heard of it so far. Will definitly dig the topic, contenders, possible copycatsbut it sounds like a possible good portfolio diversification idea to me…
Thank you so much for sharing that article my friend, highly recommended!