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RE: Gold, Silver and Cryptopia

in #gold6 years ago (edited)

Hi Max and Stacy! I totally agree, gold looks extremely bullish at the moment, fundamentally (stocks crashing) and technically (triangle) as well. Since I am all in in BTC the previous crash was quite stressful, since I have to pay all my expenses with BTC, so I am forced to sell for living for a very bad price (I am not in trouble, but it is frustrated to trade against your vision / sell for these prices).

I learned from this cycle and created an investment protocol how to allocate my income in the next cycle to BTC and gold using the Mayer Multiple:

https://steemit.com/bitcoin/@michiel/diversification-protocol-no-stress-in-a-bear-market-always-funds-for-living-money-on-the-sidelines-to-buy-cheap-update-every

This way I will have accumulated a shitload of gold before the crash in the next cycle, what I expect to be around 100k (just an expectation) and be able to live off this through the bear market and invest it partly back in BTC around the bottom.

What do you think? Enjoy your time there!