}

Now some of you might say I might have shifted my decimal places in order to hide how much I put in and earned. I definitely did. The percentage gains are perfectly preserved as I multiply all amounts invested and taken out by the same constant. Also, small integer amounts are easier to understand than small fractions.

10 BTC => 11 BTC => 1.7 BTC

He constantly hear how BTC is a risky investment. Yes, it is something that is famous for its volatility. I decided to put some bitcoin into gold. I kept records. In July of 2020, I put 10 BTC into the exchange. I bought some gold with it. By August it had gone up to 10.78 BTC. Bitcoin was at 9,500 when I put it in the exchange. Yet gold was going up even faster than Bitcoin. This didn't last though. Bitcoi 6xed in value, whereas Gold lost 10% against the dollar. If you evaulate it in terms of Bitcoin, I lost over 85% in this deal.

The halvening pressure of bitcion surprised me. I wont make the same mistakes with proofofbrain.

There is another way of looking at this though. I turned $95,000 worth into $173,000 worth in six months. ( Or maybe nine cents into 17 cents ). I made a 90% profit over the year. Had I simply left the entire investment in Gold I would have lost 10% of its dollar denominated value. Now, if Bitcoin market decides to retrace back down to say $10000, I'd have a profit in terms of bitcoins as my 200 kg of silver could be converted to bitcoins after the drop.

In the end keeping some of your value in gold, insulates you from the down turns but it also insulates you from the upside. This is okay for older people like me. You cannot say that in the next six months Bitcoin will 6x again in price with certainty or that it wont drop by some large value.