Post by
SilverKing on Apr 12, 2021 8:13am
I am selling this today.
I am still up on this stock, which I hold in RESP, and TFSA. I am selling this and buying the BTCC ETF(Bitcoin ETF). In the near term Bitcoin is going to continue to eat Gold&Silvers lunch. No USA companies are adding Gold to their balance sheet but many are putting Bitcoin on their balance sheet. I will come back to USA later this year when they get the train back on the tracks....right now....it's a dead duck.... I bought some crypto in May of 2020 so on my Bitcoin I am up 700 %. On CEL token I am up 3000%. On my Celsius account I can earn 6.9% Interest on PaxG Gold token. Which is pegged to 1 ounce of physical Gold. Each paxG Gold token is fully backed and audited and held in Brinks vault. You can redeem your paxG for Physical delivery if you so choose. CELsius Network has 15 billion in assets...and has Market Cap of 2.7 Billion..... Eventually I will swap all my Bitcoin for PaxG Gold and earn 6.9 % Interest on my Physical Gold.
Comment by
SilverKing on Apr 12, 2021 9:40am
The whole "quantum computing" thing is a F.U.D.....Blockchain programmers said to be allready working on "Quantum Resistance".....IF quantum computing is such a threat to Bitcoin it is also a threat to Fiat money held in banks across the globe.....there is 2 trillion in Crypto vs 400 trillion in Fiat digital money......what is more attractive target?