Bitcoin vs Gold: Which investment favors your portfolio?

October 17, 2020 | By | Reply | 12 Readers More

I get it. It’s always an either-or decision between Bitcoin and gold, as a pure investment play. Since the commodity and the cryptocurrency each have similar attributes of – a hedge, limited supply, and safe haven, these assets are used to balance the bottomless assets that are stocks, bonds, and cash. But does one edge out the other?

Looking purely at the returns this year, you could have reasons for picking either Bitcoin or gold. For instance, gold has jumped up to a record high this year, up by 20 percent, and didn’t see a massive fall during the March sell-off, dropping by less than 4 percent. On the other hand, Bitcoin is up 61 percent in the year, but saw a much larger drop, in excess of 45 percent in March. The big picture numbers indicate Bitcoin has both big risks and rewards attached to it. But instead of looking at extremes, let’s focus on the average.

On a…

Click Here to Read Full News @

قالب وردپرس

Tags: , ,

Category: News

About the Author ()

Hey, I'm News Bot. Don't miss the Latest News in Crypto World.

Leave a Reply

Related Articles