Post
Topic
Board Economics
Re: Deposits-in the bank or in gold?
by
Swordsoffreedom
on 14/05/2023, 02:36:53 UTC
There are many problem in Bank i think in this economic situation. Although investment in Gold is better than Bank investment. But i think In Bitcoin investment is best.

I think If you invest in cryptocurrency Like Bitcoin it will give you good return from Bank or gold. Now Bitcoin price is very low. If you invest in Bitcoin, when will start bull market then it will give minimum 2x-3x profit there has no doubt. So i tell you you can invest in gold from band otherwise you can invest in Bitcoin. 
We can diversify assets for investing in gold and bitcoin, both are a good combination to minimize losses if the price of bitcoin falls during a bearish market, then the profit from gold will cover the losses from investing in crypto and will generate high profits if the prices of both assets experience high increases, so there must be balancing assets from gold investments to cover high losses if bitcoin price has dropped significantly

Not gonna lie i am prefer to your opinion. We should put our money both in bitcoin and gold. If we have diservication investments like bitcoin and gold so they will offside the loss and profit each other

Although bitcoin's returns outperform gold, it still has certain risks, such as high volatility or its future being as uncertain as gold's, so asset diversification is essential. Don't just focus all assets on bitcoin, when investing we need to calculate the risks encountered, not just think about the profit.
Many people here don't like gold simply because gold is not too volatile and doesn't give them much return, but they forget that high return comes with high risk, bitcoin is not as perfect as many think.