I hold gold only to have something to provide paper cash for groceries during those dips that make it so hard to sell my crypto. I sold gold instead of bitcoin when bitcoin was at $39k - that is how sure I was that we would fly through the $50k mark.
Posted Using LeoFinance Beta
So far looks like the right move. That being said... I could see gold bouncing here at some point. It's technically getting to oversold territory on the charts. However, it will greatly under perform bitcoin on most time frames for the next 5 years.