Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold
We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return WHILE Bitcoin on the other hand can be quite profitable but it's risk of negative volatility can be catastrophic!
So which has your vote? Gold or Bitcoin!!!!
bitcoin is capable of giving big profits but can also be catastrophic. so it is difficult for me to invest in Bitcoin because it has a very large risk. so I prefer gold as an investment tool for the long term. because Gold has a stable price and continues to increase every year. unless I do short-term investment then I will choose bitcoin because bitcoin can provide instant profits.
I don't see any catastrophe with bitcoin, as long as you stay loyal to your choice and to bitcoin, it will bring in huge profits someday, the historical figures have made this point very clear, although sometimes profits will come quite long and unexpectedly but almost very well with time. Gold may be more stable than bitcoin in the price factor because with the help of nations' economies, governments do not want gold to become a place for others to control and make a profit, they usually keep the price of gold in reasonable level but this factor has hampered profits, not worth the money we invest