So, just to make it clear - it’s really about if you see that others can’t be convinced, and you still want to be fun at family parties lol.

Asked ChatGPT, and yeah, it’s only gold really. Reason being, the markets still see Bitcoin as a risk-on asset that more or less moves with equities, while gold is counter-cyclical to that. As in, when stocks (and Bitcoin, sadly) crash, gold goes up, and vice versa.

I’m not really a goldbug, but gold still does better than fiat bonds and what not when it comes to long term money supply inflation resistance. So at least you’d have a type of hard money still in the portfolio.

The only reason I’d be hesitant about this is that gold is up 60% I think year to date, which is crazy. From technical analysis perspective, I’d hesitate to buy something that looks so overbought. On the other hand, if there _is_ a correction in the next 24 months, gold will do better still.

So, I’d go something like - “look, my opinion is that Bitcoin is the best investment we can have. Yes, there is a risk of a significant correction (40% or so), if we face a global recession or something, but that will most likely still be more than what we initially bought it for. So I’d want to keep it as is, or even allocate more into it. However, if you’re uneasy with such a large part of our portfolio being Bitcoin, we could rebalance into something that historically works as a recession hedge, such as gold”

NFA, DYOR lol, I’m just a rando on nostr