It is no longer new thing that Trump victory has caused major stir up within the market, such as gold losing over to bitcoin.
Lot of investors are in one way selling their gold to secure some portion of bitcoin.
What do you think could be their reasons;
Bitcoin would give quick returns than Golden? Yes. Then why didn't they invested earlier?
Bitcoin could soon become a legal tender?
Gold won't be as profitable as Bitcoin immediately he is sworn in as president?
Bitcoin is definitely give quick return then gold but Bitcoin is highly volatile digital coin so there are also high risk when you invest on Bitcoin. Gold price increase slowly but price do not decrease too much it can be maximum of 10% but Bitcoin price decrease very quickly as price increase. we seen past history of bitcoin. after make a ATH Bitcoin price decrease up to 60-70% so i didn't thik it is good idea to sell gold and then that money invest on Bitcoin. anyone can invest on Bitcoin as much as they are afford to invest for long term and also loss