
Hi, crypto fans
Just a little over a week ago, Stanley Druckenmiller, an American billionaire, spoke on CNBC about his views on Bitcoin:
that it could be an asset class that has a lot of attraction as a store of value to both millennials and the new West Coast money.
In recent years, investing in Bitcoin has been seen as a possible way to diversify ones investment portfolio.
As a result of COVID-19 and whats happened to the stock markets, an intriguing question has been brought up:
is investing in Bitcoin as good as investing as gold?
Read our blog post here:
Is Bitcoin the gold of crypto investment?Bitcoin vs Gold, what is a better investment in your opinion?
Thanks,
Karl
Bitcasino.ioI would say both are better investment options, because in the crypto space Bitcoin is seen as the digital gold, highly regarded and valued, while in the world out there, Gold is very precious, therefore yes, I can call or consider Bitcoin as the gold of crypto investment.
Also, asking about Bitcoin Vs Gold, first I would say both are not waging war with each other, that is, both of them are good in their own ways, both of them can co-exist and also both are good investment choices thus anyone can choose whichever that works best for him, because my preferences might be different from that of another. Nevertheless, I think it also makes sense to have both if possible. Lastly, investing in Bitcoin is a different thing from investing in Gold, because where one is a physical asset the other is a digital asset, thus both have different things guiding them.