Quote from: cryptomarketyourself on November 19, 2019, 01:51:46 PM

I don't want to open up another gold vs bitcoin thread. I'm just curious because I read an article that discussed whether we should be preparing ourselves for an upcoming recession by buying bitcoin or gold:

https://cryptotradernews.com/cryptocurrency/preparing-for-a-recession-bitcoin-or-gold/

Thoughts?

You already know that there is a high risk with holding Bitcoin, and since you're not sure as to whether the price will increase or not at that time, the best thing you can do is to invest in both Bitcoin and gold since gold has less risk. Good thing with Bitcoin is that that time might come and the price will increase due to a high demand. So you never know, that's why it's good to diversify your investment by going for both of them.

Quote from: BChydro on December 02, 2019, 02:40:34 PM

we have not witnessed any recession after the release of bitcoin and hence we can now speculate that the market will not get affected but when it really hits the market then you will feel the pressure the market will be having.

Nah you're wrong. Times like that are the reason why you should have your money invested in assets such as gold and Bitcoin to protect worth. During such times the price for these things will be high (I'm not sure about Bitcoin though). So, investing your money is very important.