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?
Let's discuss to share opinions.
It’s true Bitcoin is grabbing all the attention right now, but I think people are too quick to forgot about the gold. Gold has stood the test of time,thousands of years as a reliable store of value. Bitcoin’s rise is exciting but you know misuse of bitcoin can really destroy it while the gold’s stability can’t be ignored, especially in uncertain times.
Did gold crashed during the war where BTC dump to $4k i think? still remains stable.
I don't compare these two because I own both of them, different value, different asset, owning both is the smartest move. Bitcoin gives you that huge potential for growth, while gold gives you the stability and long-term security. It’s like balancing risk and reward. Don't belittle gold too much.
I remember those discussion about gold vs bitcoin and majority of the answers are about GOLD, don't wait to come to the moment where gold is rising again. HODL BOTH
