Sumei
2021-04-09

I think both have got investment appeal. Gold is tangible and traditionally has proven to be a hedge when the value of the dollar goes down. That said, the appeal of bitcoin is that investors/ traders alike find the phenomenal increase in “value” hard to resist. Who would not want to be putting their money into an “asset” class which increases 100-1000%in a very short time frame? The reason why we buy stocks as well is to make our money grow so any asset class which helps that will attract the masses. 

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Comments

  • Lynny
    2021-04-09
    Lynny
    gold has been frustrating. As you correctly mention, the excitement and volatility of bitcoin is compelling... i think we should keep a bit of both but my sense of adventure weighs for bitcoin. ?
    • Sumei
      Bitcoin is certainly giving all of us a roller coaster ride... to some exciting, to others nauseating ...???
  • Acella
    2021-04-10
    Acella
    ?
  • Ryuhahaha
    2021-04-09
    Ryuhahaha
    Agreed
  • lks
    2021-04-09
    lks
    well said
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