Post
Topic
Board Bitcoin Discussion
Re: Bitcoin vs Gold? Which one you would choose to invest for long term? Why ?
by
Eric Cartman
on 01/10/2019, 16:52:54 UTC
The problem with the choices given is we don't know the Bitcoin dominance in the cryptocurrency market in the long run(that is, in the next decades), while gold will be what it is during our whole life. But gold is expensive and you won't see big returns from it, even if the geopolitical situation goes from bad to worse. Gold is not feasible for small investor because of too many fees to invest on it.

So the answer would be Gold if one has already a big capital or plans to grow his capital outside the crypto world, but Bitcoin for those of us that have little and the only hope to get a better financial situation is some kind of hyper deflation miracle.

If the question was Cryptocurrencies vs Gold, I would go all in in cryptocurrencies now, however, if I'm allowed to change the portfolio if the situation changes