Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Vikingr
on 09/05/2017, 20:13:48 UTC
It is understandable why gold is compared to Bitcoin and do it mainly because there is a limited gold reserve on the planet as well as a certain amount of Bitcoin. Of course Bitcoin Gold is a good investment, only in the case of Bitcoin it is a long-term investment unlike gold that can generate revenue all the time. But I would choose gold because of the fact that with him you feel more confident.
With gold you will feel more confident but you will not be able to earn faster money if you will choose gold instead of bitcoin or if you will choose gold for half of your money and bitcoin for half of other then you will even at that time lose the profit from that half as the price of gold do not increase that much faster like bitcoin.