Both bitcoin and gold are high-value assets.
It has been a hot topic in debates arguing which is a better investment, the bitcoin or the gold.
Before bitcoin was launched, it was gold that was the most sought-after by experts and investors.
Gold has already proven that it has the ability to hedge inflation. Gold has proved itself that it is a safe-haven for investors.
In fact, even beginners in investing are already convinced that their investment will be in gold
so others started to buy pieces of jewelry with 18k to 24k gold.
They have always believed that gold’s value will continue to go up higher over time.
Additionally, gold stays unaffected by the stock market even though other markets are falling.
Because of its volatility, gold became easy to predict. Many investors are impressed with its characteristics.
It does not tarnish and cannot be destroyed.
Bitcoin, on the other hand, is only a decade old since it was launched in 2009. It has faster transactions.
When its value started to go up, people got hyped and started buying bitcoins and investing in it.
But though it is of high value, it hasn’t been proven yet that it is a good hedge against inflation.
Some investors buy bitcoin and hold it, then observe its fluctuation. One interesting fact about bitcoin is that it can never be stolen and faked.
It is encrypted and decentralized so it is very safe and secure in that sense. However, bitcoin lacks stability in the market and its value is very unpredictable.
The question about which is better, gold or bitcoin, has been going on and on up to this time.
It hasn’t been proven that one is better than the other so the battle between these two continues.
Choosing which is better between the two cannot be measured by just listening to experts and analysts.
One has to understand trends as well. Both gold and bitcoin exist in limited amounts which made both of them in demand.
If you want to invest but are scared of possible losses, you can choose to invest in gold.
You can start by buying few jewelry pieces. But when you want to invest in something that is portable and has ease of transfer, you may try investing in Bitcoin.
Learn about bitcoin mining as well to acquire more bitcoins.