Post
Topic
Board Bitcoin Discussion
Re: Preparing for a recession... Gold or Bitcoin?
by
Bonenx14
on 20/12/2019, 11:11:24 UTC
Gold as physical asset would be a good diversions of our investments while bitcoin was still at recession. With that ways, you can both manage your digital and physical asset to which of them will gain much better. In any situations you will be benefited each and every holdings you had brought up. That wouldn't be worthless, at least you knew where your funds was accumulated.

It feels like you put yourself at a safe situation to invest by both gold an bitcoin at the place. For me, one advantage of this is to make sure that if bitcoin loses its market price, you still have funds that is invested in gold. What would be a better idea is to balance the investment in a sense that when bitcoins price is getting low, then sell some of the gold you have to accumulate more bitcoins, and then vise versa, but the only hard decision you could do is to choose which investment is your main and the backup. It is like utilizing bitcoin and stable coins hand in hand.

both do have good potential for investment, but maybe the difference is only in price and investment risk. the most important thing is we can understand the concept of investment, so I think the benefits will come, because an investor's ability is needed for investment