Safe Heaven Race: Bitcoin vs Gold
Original post on medium:
https://medium.com/@super.crypto1/safe-heaven-race-bitcoin-vs-gold-dbb27a95082e
This is my post after a long time. I do not get enough time to write anymore. I have about 15 posts in a draft mode, Hope to publish them sometime in the future :)
Disclaimer:
My ideal investment distribution is 30–30–30–10. Gold/Silver=30%, Real Estate=30%, Crypto=30% and Cash/Stock=10% (currently light on Crypto & Stock). I am not a Bitcoin bear. I do not make predictions nor do I give targets. I project Harsh Reality. Mine is not a hopium channel. Follow Parabolic handles if you are a Mooner-in-Lambo. Many followers hate me for being consistently pessimistic (even though right) about Bitcoin for 1 year; despite me ringing the bells at the top-20K ATH in Dec–2017.
Summary
Most of the people tell me how Gold and Silver are dead as investments and why “technically superior Digital money” Bitcoin will win the Safe heave race. Another argument is “Bitcoin will shine in ‘recessionary environment’ because the money will flow from stock markets to Bitcoin”. I don’t think so.
Lets get started: Gold or Bitcoin?
We had a Mini-Stock Market Crash on Oct-10,11 & 12–2018. Here are few charts that will help you understand how assets performed during this crash.
Fear index hit 5 on Oct-10 = Time to check Safe-Heaves assets — right?
How assets performed during this crash?
https://kingworldnews.com/look-at-the-stunning-images-of-panic-from-this-weeks-brutal-selloff/
Dow Jones Industrial
US Dollar
Bitcoin
Gold
Conclusion
In my view, everything being equal, Bitcoin will be late to respond to safe heaven demand. I see Gold leading the way for Bitcoin & Silver.
#1 Gold
#2 Silver (Maximum gains)
#3 Bitcoin
In hyper-inflationary environment all three will fly. Silver will be the ultimate winner because it will book maximum % gains. Why? Click here to read my old post on Silver
Why Bitcoin will lag?
As of now, there is a lot more green juice left in the Bitcoin than in the the Gold & Silver. Green will be fully squeezed before an asset is “allowed” to moon. Gold/Silver suppression scheme continues even after 8 years. In my view Gold, Silver and Bitcoin are under siege. Why? Please visit my Cartel posts that explain all.
4th Dimension: Bitcoin-Manipulation-Cartel — Price-Suppression is the Goal
Cartel Strike #3: Bitcoin Drops 10K to 6K
More at my twitter @Super_Crypto
Tip Jar — Why not?
Bitcoin
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LTC
MJBu2Yn6Pnd2nBn8WWdX6i8mrZRQSDJDuS
Bitcoin Cash
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ERC20 Tokens
0xe309f87f72f3fd0407866c5903430e553fd4e200
welcome back!! you really put quite a bit of effort into this post it was a pleasure to read.