OTCQX:GTBAF - Post by User
Comment by
rborhion Dec 03, 2020 1:36pm
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Post# 32029549
RE:Bitcoin or gold ?
RE:Bitcoin or gold ?The millenials are still doing fine in crypto and generalist investors in traditional stocks, and FAANG stocks. People think that governments will continue to support stocks and the stocks markets. I think gold company profits and dividends will start attracting people back who are not getting value in bonds. At some point this market madness can't continue, imagine the rush into hard assets like gold, silver, uranium, copper being like the rush into Tesla, Google, Amazon and Apple the last few years. It will come so be ready. Crypto is not a big enough or ready market yet, and many people still don't trust it, so it will garner some interest but isn't a big enough market to take away from precious metals imo. Crypto is pretty volatile and everytime you hear of an exchange hacked or someone who lost all their crypto is raises caution. Though I still think owning like 1 to 5% or net worth in crypto or stocks that benifit from crypto is not a problem and maybe even a good thing.