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What do Gold and Bitcoin Have in Common?
Did you see this? From a July 10 article at Forbes titled “Bitcoin To $20,000:” “If bitcoin (BTC) breaks $14,000, it is going straight to $20,000.” Check out this chart from the article (chart by ADVFN): Image Quite volatile. The author argues that the bigger the volatility, the greater the potential upside. Of course, you may think: “the greater the potential downside as well.” That’s where gold comes in. Experts have found gold and bitcoin to be inversely correlated (Yahoo: “Bitcoin-Gold Price Correlation Shows Widest Spread in Over a Year”), meaning that when one increased in value, the other decreased. You want your retirement portfolio to have inversely correlated assets in it, because they balance each other out. There are bound to be ups and down in any investing, and the best way to protect yourself against that is not just diversification, but smart diversification: of inversely correlated or non-correlated assets. That’s one of the many reasons we’re so excited to be one of the few companies offering both gold and bitcoin IRAs: because the two combined are greater than the sum of their parts. They’re equal to your security. To find out how to put bitcoin and gold in your IRA, so your retirement nest egg stays safe, visit Regal Assets now to get your free investor’s kit in the mail. This is a physical kit with several exclusive guides to alternative assets investing, as well as a 1 oz silver coin. This kit isn’t for everyone, and we can only find out if you’ll benefit from it by having a quick chat with you. So call us now at 1-877-962-1133 to request your kit. If you don’t qualify to receive it, no problem. We’ll make recommendations for other resources, so you get what you need to meet your retirement goals.
