If you holding $USDC and other stables ($USDT) and you’re concern about the impact of the unfolding SVB and banking fiasco, why not wait for the dust to settle and consider XAU DCA strategy Gold - 100% allocation to $PAXG
LOW FEE STRATEGY, access to #crypto #gold proxy $PAXG - 100% allocation - perfect for dollar cost averaging (DCA) and when crypto is at max greed
If you holding $USDC and other stables ($USDT) and you’re concern about the impact of the unfolding SVB and banking fiasco, why not wait for the dust to settle and consider XAU DCA strategy Gold - 100% allocation to $PAXG
Gold’s performance against foreign currencies (GLD/UDN) breaking to new all time highs. If you think it’s time to lock in some $BTC profits, XAU DCA Strategy Gold might be an option - 100% allocation to $PAXG
Outside money not doing too bad, turns out infinity currency isn’t such a good idea after all.
Concerned about $USDC, this might be a strategy to sit on the side lines in while you wait for $BTC to turn. $PAXG
Crypto and specifically $BTC likely to trade as risk assets during this next phase, gold and bonds will be bid.
Fed inflation figures push dollar up and gold down - the direction of interest rates is going to be a key driver for the US dollar and metal prices in the coming weeks for investors. When markets get a firm indicator that interest rates have peaked we could see a rapid reversal for the dollar and gold.
No rebalance this week. 100% gold allocation. $PAXG
There's an easier way to get exposure to Gold. $PAXG with XAU DCA Strategy (GOLD)
With continued crypto contagion we are still seeing steady flows into this strategy. $PAXG
One year on, let's check in how XAU DCA Strategy Gold ($PAXG ) did against TOTAL3 (proxy for all crypto excluding $BTC and $ETH ).
With all the increases in rates, gold is only down ~5% however TOTAL3 is down ~68%
you should have a variable part of fund, maybe about 20% USD to buy and seel golden dips ;)
It’s a good idea, but this strategy was setup to allow copiers to allocate to gold on ICONOMI 100% - no trading, for DCA type strategies. If users want to trade, they can sell and buy as required. This strategy will never rebalance its 100% gold holding.
$PAXG