Saturday, November 16, 2024

Gold vs. Bitcoin

 

Our bitcoin position is now more valuable than our gold position. 11.5% of net worth is in bitcoin and 10.2% in gold both via ETFs. We also have 4.5% of net worth in crypto company Defi Technologies. Defi is up 215% since we first invested, bitcoin 78%, and gold 94% (since January 2019). I bought shares in gold ETFs earlier but this was when our current series of investments started. Our return should be lower in all of these as we added to the investments gradually.

1 comment:

Financial Independence said...

mOOm, am I correct that you have over 400K AUD in bitcoin? I see in as 100% speculative tool, as you can buy almost nothing for bitcoins. How did you master so much courage to invest in it?