Bitcoin vs Gold | Best Investment in an Economic Crisis
Bitcoin vs. Gold – What’s the best investment in an economic crisis? When the world is believed to be falling to pieces, then 1 particular asset in the past has been a fantastic safe haven to hold your wealth. Whatever your views are on the yellow metal, you cannot deny gold’s effectiveness at safeguarding wealth.
In times of economic panic some investments perform better than others. Being invested across a range of different asset classes can help to offset declines in the others. When stocks fall, historically gold has risen.
So, should we be looking at gold? After all, gold has been an incredible place to store wealth for thousands of years and has survived the collapse of civilisations.
But now there’s a new kid on the block – Bitcoin and other similar crypto currencies. Bitcoin shares many of the same properties as gold but with unique features, which potentially gives it an edge. Will Bitcoin eventually topple gold as the go-to defensive asset? Only time will tell.
In this video we’re going to look at the features of gold that make it such a good hedge against recessions, and how it compares to bitcoin. By the end of the video you’ll know exactly where to store your wealth to guard against an economic crisis. Let’s check it out.
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T&Cs: These videos are provided for information and entertainment purposes only. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this video may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.