Gold is able to hold selling prices in a stable quarter, we rarely find gold experiencing a decline in buying and selling prices, even though the dollar has decreased.
But it is clear, that Gold and Bitcoin are different, for now I prefer bitcoin
But it is clear, that Gold and Bitcoin are different, for now I prefer bitcoin
Gold is definitely a good choice for those looking into long-term stability without feeling the negative effects of inflation. You won't earn that much by holding Gold long-term, but you'll be able to retain your purchasing power for years on end. It's the perfect store of value in times of need. Bitcoin may not be stable, but its constant fluctuations in price (volatility) makes it a good choice to grow your profits in the short term. If you know how to play your cards right, you could simply buy Bitcoin at a low price and sell it at a higher price for complete peace of mind. Then you can use the profits to buy Gold and secure your financial future.
Undeniably, Bitcoin is much scarcer than Gold with a fixed supply of no more than 21 million coins. Which asset/commodity you'd choose would depend on your daily needs. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts
