That's certainly true, mate. Gold is much more stable than Bitcoin. It's good when you want to build wealth without worrying about prices dipping in the short-term. Bitcoin gives us greater returns, but it also comes with its risks. Since market prices are volatile, you could quickly lose your initial investment (in Fiat terms).
I'd invest in both BTC and Gold to minimize risks of loss as much as possible (diversification). Both are poised to reach higher prices in the future. Rest assured that inflation of Fiat currencies won't be going away anytime soon. We just have to learn to live with it. Cheers.
I'd invest in both BTC and Gold to minimize risks of loss as much as possible (diversification). Both are poised to reach higher prices in the future. Rest assured that inflation of Fiat currencies won't be going away anytime soon. We just have to learn to live with it. Cheers.
Of course there are many risks to consider but this time it’s not about that, but how we can diversify the wealth and opportunities we have.
Bitcoin can be used as one of the best investments and gold can also be made as one of them which complements the investment to maintain stability.
Both are good steps to implement because it will be much better compared to looking for other sources of investment.
Bitcoin can provide quick profits and vice versa there are price fluctuations that change so quickly in the market, but if we know its performance it does not have any effect. Gold provides slower returns and may tend to be stable in price, but for much smaller risks and does not have the same fluctuations as bitcoin.