Portfolios Reviews & Comments - April 2024
Old but Gold
Proto_Plasma
September 11, 2020
The 60-day correlation between Bitcoin and gold hit record highs above 0.5, according to data from Coin Metrics. The correlation of the two assets has been skyrocketing since July, while the US dollar has declined against other major currencies. The fall of the dollar, which enjoys the status of the world's reserve currency, is positively reflected in limited emission assets such as gold and bitcoin.
Old but Gold
RichardDd
August 12, 2020
Investors should keep a close eye on the gold market and US government bond yields as these factors can affect the price of Bitcoin and Ether.
Old but Gold
Quentinnnn
July 2, 2020
I could label this portfolio as a sure one. Needless to say that Bitcoin must constitute a significant part of any crypto portfolio since it currently represents the best store of value, apart from the physical gold. Litecoin just went past the halving and dipped a bit, but all indications are that LTC will reach $200 by the end of the year. Therefore, I think that the portfolio ratio should have been tipped in the favor of Litecoin because Litecoin Foundation has been very active this year, having secured multiple partnership deals, which will ultimately affect the price in a positive way.
Old but Gold
why_not?
October 2, 2019
In one of his recent interviews, Vitalik Buterin admitted that Ethereum is about to face serious scalability issues which haven't been resolved for quite some time. Therefore, I wouldn't consider ETH as a good short term (less than a year) investment - it won't show the desired gains any time soon. Perhaps the release of Ethereum 2.0 will change a lot of things and even propel ETH to the number 1 spot, but it won't happen any time soon. Bitcoin and Litecoin are solid, nothing more to add here. BCH is a doubtful option, I would have rather went with Binance Coin.
