Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:
1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.
2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.
WHAT WOULD YOU RESPOND?
I think bitcoin will be more beneficial in the long run than gols although gold is a precious one and expensive bitcoin do have a lot of advantages which gold don't have like the high volatility rate. Bitcoin's price is what the volatility effects is and it reflects the demand from the market that decides what will be the price of bitcoin in a certain time. Gold somehow is a safe haven for many that it can be sold for lots of money and its tangible so the security is in your hands, literally.