Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Sunday, July 30, 2023

An Investment Choice Between Bitcoin, Gold And The USD



Bitcoin is showing a negative correlation to the USD.

Bitcoin, Crypto's correlation to gold is more nuanced. But Bitcoin, cryptocurrencies usually exhibit negative correlation to gold, since gold is considered a safe heaven asset, while Bitcoin, cryptocurrencies are considered a risky asset, similar to small capitalization technology stocks.

The Federal Reserve and the European Central Bank raising rates, however, changes many things.

Still, a strategy of equally weighted sums in Bitcoin, USD and gold could prove a useful investing strategy.

Bitcoin is slowly proving, at least partly a safe heaven asset, that is slowly taking market share from the USD.

Respectively, crypto's future looks bright.

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