Be Rich (berich)

Be Rich

Let's be rich

36 Followers

Recent casts

The correlation between gold and Bitcoin (BTC) is one of the most discussed topics in modern finance — and it’s fascinating because it keeps changing with market conditions. Here’s a simple breakdown 👇 1. Both are “store of value” assets — investors often buy gold and Bitcoin when they lose trust in fiat money or banks. That’s why they’re sometimes called “digital gold” (for BTC) and “physical gold.” 2. In times of crisis, Bitcoin and gold can move together, as people look for safe havens. For example, during inflation fears or geopolitical tensions, both tend to rise. 3. In risk-on markets, when traders chase high returns, Bitcoin may go up faster, while gold stays more stable — or even declines. 4. Statistically, their correlation usually ranges between +0.2 and +0.5 5. However, Bitcoin is more volatile and reacts faster to sentiment, while gold moves slower and reflects long-term confidence or fear.

  • 0 replies
  • 0 recasts
  • 0 reactions

Top casts

The largest liquidation ever, with over $19 billion in leveraged positions wiped out in just 24 hours.

  • 0 replies
  • 1 recast
  • 1 reaction

Connect my town channel - https://app.towns.com/t/0x7e1803a68ead8c2366e86b79164ce52cf7d4e1d5/channels/207e1803a68ead8c2366e86b79164ce52cf7d4e1d50000000000000000000000

  • 0 replies
  • 1 recast
  • 3 reactions

Onchain profile

Ethereum addresses