Bitcoin and Gold Both Fail Miserably as Hedges, Investments

Re:Bitcoin and Gold Both Fail Miserably as Hedges, Investments by brewdad on Thursday September 08, 2022 @07:10PM (#32773288)

I don't think you understand the concept of a hedge. Bitcoin boomed at the same time as the stock market. It cratered at the same time as we fell into a bear market. That's the exact opposite of a hedge. That's a leveraged gamble.

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Re:Bitcoin and Gold Both Fail Miserably as Hedges, Investments by michaelwww on Friday September 09, 2022 @01:09AM (#32775538)

I don't know much about finance, but don't you want something that everyone will want in a "rush to safety"? Safe is not the first word that comes to mind with Bitcoin

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