Post
Topic
Board Bitcoin Discussion
Re: Preparing for a recession... Gold or Bitcoin?
by
Pearls Before Swine
on 19/11/2019, 20:50:45 UTC
I'm approaching the subject from a new perspective.
You aren't approaching the same tired old topic from an interesting perspective, tho.  This still all boils down to yet another gold vs. bitcoin thread no matter what other issue you tack onto it.

If a recession comes, I don't want either bitcoin or gold.  I want a steady job and some cash reserve in case I lose that job.  If you're buying gold in anticipation of a recession, you probably have a good deal of money since that isn't something a working slob like myself can do.  And as far as bitcoin goes, it isn't the best thing to be accumulating if you think a recession is coming.  Think of the volatility and how it isn't a safe haven asset and you have your answer.