Post
Topic
Board Bitcoin Discussion
Re: Preparing for a recession... Gold or Bitcoin?
by
shark1006
on 03/12/2019, 12:33:26 UTC
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?


I think the next recession won't be as big as the 2008 one (which, to me was a depression). Hence I'll stick with Bitcoin for now.

It is important to protect money by using other assets. By investing in gold and Bitcoin, we insure ourselves against the loss of fiat value. It’s foolish to expect that gold and bitcoin will grow during the crisis, the most important thing is to survive the recession without losses thanks to these two assets.

What will be better, gold or Bitcoin? The answer - no one knows