Post
Topic
Board Speculation
Re: I have USD 2000 to invest. Should I buy Bitcoins or gold?
by
Melbustus
on 21/03/2015, 19:13:33 UTC
...can hold upto 1 year


Uh, if your timeframe is <=1yr, neither of those makes much sense. Gold is a long-term hedge against a fiat collapse that somehow results in at least some of the world regressing to a gold-standard, and bitcoin is long-term bet on a new inflation-hedge digital-money asset-class plus growth of a new censorship-resistant global payment network (plus some probability that in a fiat-collapse people would find bitcoin more useful than other alternatives (like gold-backing a new fiat)).

It makes almost no sense to think about either on sub-year timescales.