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Topic: Preparing for a recession... Gold or Bitcoin? - page 3. (Read 1529 times)

sr. member
Activity: 966
Merit: 274
Gold as physical asset would be a good diversions of our investments while bitcoin was still at recession. With that ways, you can both manage your digital and physical asset to which of them will gain much better. In any situations you will be benefited each and every holdings you had brought up. That wouldn't be worthless, at least you knew where your funds was accumulated.

It feels like you put yourself at a safe situation to invest by both gold an bitcoin at the place. For me, one advantage of this is to make sure that if bitcoin loses its market price, you still have funds that is invested in gold. What would be a better idea is to balance the investment in a sense that when bitcoins price is getting low, then sell some of the gold you have to accumulate more bitcoins, and then vise versa, but the only hard decision you could do is to choose which investment is your main and the backup. It is like utilizing bitcoin and stable coins hand in hand.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
I would hold a basket of assets, if I had the ability too and of course gold would certainly be in my portfolio. Silver is also going to be another good asset to hold as well and could be the cheaper option for those who cannot hoard hoards of gold. Bitcoin is great as well as you can start with very small amounts, depending on the size of your pocket. For now we trade more with my Wife so we can hedge against inflation and also the volatility of gold and bitcoin prices in general and the devaluation of FIAT. I THINK RIGHT NOW IT IS THE ONLY WAY TO STAY AHEAD OF THE GAME, TO KEEP MAKING AND TAKING PROFITS. We learned this great lesson the hard way, after we lost all we made in 2015-2018 in the bear market.
In terms of recession, it is good to accumulate assets and it is by buying gold. Bitcoin is also a asset but it is speculative asset. I prefer gold in terms of recession because it is a safe investment that you can do to survive to avoid the next recession. There are many assets vehicle that you should invest like the real estate and also in the stock market.

Gold as physical asset would be a good diversions of our investments while bitcoin was still at recession. With that ways, you can both manage your digital and physical asset to which of them will gain much better. In any situations you will be benefited each and every holdings you had brought up. That wouldn't be worthless, at least you knew where your funds was accumulated.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
Let's not be fan boys here.
If you are a serious person and you deal seriously with your money, ofc you need to hold both of them. Gold and bitcoin. You don't have to choose only one.
You can't invest in bitcoin because it might lose your asset. A lot of people might move out their investment to prepare for a crisis. Gold will go down as well because the demand for gold will move down due to the recession. Therefore, there is no good option between the two when there is a recession. Paper money might also lose its value because inflation is part of depression in economy.
However, you can buy both when you think the price will grow again.
sr. member
Activity: 952
Merit: 274
I would hold a basket of assets, if I had the ability too and of course gold would certainly be in my portfolio. Silver is also going to be another good asset to hold as well and could be the cheaper option for those who cannot hoard hoards of gold. Bitcoin is great as well as you can start with very small amounts, depending on the size of your pocket. For now we trade more with my Wife so we can hedge against inflation and also the volatility of gold and bitcoin prices in general and the devaluation of FIAT. I THINK RIGHT NOW IT IS THE ONLY WAY TO STAY AHEAD OF THE GAME, TO KEEP MAKING AND TAKING PROFITS. We learned this great lesson the hard way, after we lost all we made in 2015-2018 in the bear market.
In terms of recession, it is good to accumulate assets and it is by buying gold. Bitcoin is also a asset but it is speculative asset. I prefer gold in terms of recession because it is a safe investment that you can do to survive to avoid the next recession. There are many assets vehicle that you should invest like the real estate and also in the stock market.
sr. member
Activity: 652
Merit: 257
Both. Definitely both. To diversify your portfolio you will want to hold as many alternative assets as possible.

Plus, you can actually exchange between the two of them with a Vaultoro holding (learn more).
sr. member
Activity: 938
Merit: 250
yes i think the world is indeed heading for a global recession. because I think the state of some countries in the world is experiencing economic slowdown. and I think this economic slowdown is happening because there is a trade war between the United States and China.
therefore we must prepare ourselves to face recession. by storing some of our savings into bitcoin and gold. I can't choose between gold and bitcoin because I like and have both. I use bitcoin to invest and when I later benefit from the sale of bitcoin, I will use some of the profits to buy gold.
jr. member
Activity: 168
Merit: 2
mada mada dane
If you can afford both, then it is good to have both.
But if I were to choose one I'd probably choose gold. Why? because its value is more stable than Bitcoin and I can use it since you can have it as your jewelry.
hero member
Activity: 1036
Merit: 504
I would hold a basket of assets, if I had the ability too and of course gold would certainly be in my portfolio. Silver is also going to be another good asset to hold as well and could be the cheaper option for those who cannot hoard hoards of gold. Bitcoin is great as well as you can start with very small amounts, depending on the size of your pocket. For now we trade more with my Wife so we can hedge against inflation and also the volatility of gold and bitcoin prices in general and the devaluation of FIAT. I THINK RIGHT NOW IT IS THE ONLY WAY TO STAY AHEAD OF THE GAME, TO KEEP MAKING AND TAKING PROFITS. We learned this great lesson the hard way, after we lost all we made in 2015-2018 in the bear market.
member
Activity: 858
Merit: 13
Christ The King
Both Gold and bitcoin are good to hold for the future. While bitcoin will give a higher and a quicker ROI, and with a very high volatility. But the gold has more price stability. To be safe, just diversify your investment.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
if I have enough money then I will choose both because gold and bitcoin both must have a good future to be used as an investment asset, but of course both have advantages and disadvantages of each we need to consider
In the case that the next economic crisis only brings a recession it is probably better to hold bitcoin than to hold gold, gold performs at its best when the fiat currency created by the government is not doing well and a recession does not guarantee that we are going to see any kind of collapse in the fiat system currently in place, so out of those two bitcoin seems to be the best option but that is only true if you are capable of holding your coins for long enough to see that recession.
But holding gold is much safer than holding bitcoin if the recession comes. There still a possibility that the bitcoin will also crashed if the recession comes. We have 3 major  economic crisis that happened and we can find out about it by studying history. Gold proved that is a good and valuable asset in terms of recession. You can avoid the financial crisis if you will invest in these kind of assets.
Then buy gold, I do not really have anything against gold I really think it was the best form of money before bitcoin appeared, so if you want to rely on the long history of gold been able to protect you from a financial crisis by all means do it, very few people are using any kind of investment to try to protect themselves from the crisis that is coming, and you are correct when you say that we do not know how bitcoin is going to react when that happens but taking into account its characteristics I think it will have a similar reaction to what we have seen historically with gold.
sr. member
Activity: 1288
Merit: 253
if I have enough money then I will choose both because gold and bitcoin both must have a good future to be used as an investment asset, but of course both have advantages and disadvantages of each we need to consider
In the case that the next economic crisis only brings a recession it is probably better to hold bitcoin than to hold gold, gold performs at its best when the fiat currency created by the government is not doing well and a recession does not guarantee that we are going to see any kind of collapse in the fiat system currently in place, so out of those two bitcoin seems to be the best option but that is only true if you are capable of holding your coins for long enough to see that recession.
But holding gold is much safer than holding bitcoin if the recession comes. There still a possibility that the bitcoin will also crashed if the recession comes. We have 3 major  economic crisis that happened and we can find out about it by studying history. Gold proved that is a good and valuable asset in terms of recession. You can avoid the financial crisis if you will invest in these kind of assets.
Holding is not good choose because bitcoin and altcoin always looks lower price, better cut lost and re investing again with other altcoin have on support with lower price, maybe can recovery with how much lost we have. Why have hold without know when bitcoin up to higher price now good way if cut lost we can buy and invest on other altcoin.
sr. member
Activity: 924
Merit: 275
if I have enough money then I will choose both because gold and bitcoin both must have a good future to be used as an investment asset, but of course both have advantages and disadvantages of each we need to consider
In the case that the next economic crisis only brings a recession it is probably better to hold bitcoin than to hold gold, gold performs at its best when the fiat currency created by the government is not doing well and a recession does not guarantee that we are going to see any kind of collapse in the fiat system currently in place, so out of those two bitcoin seems to be the best option but that is only true if you are capable of holding your coins for long enough to see that recession.
But holding gold is much safer than holding bitcoin if the recession comes. There still a possibility that the bitcoin will also crashed if the recession comes. We have 3 major  economic crisis that happened and we can find out about it by studying history. Gold proved that is a good and valuable asset in terms of recession. You can avoid the financial crisis if you will invest in these kind of assets.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Buying gold is always a sensible investment. But if you're looking for excitement, get Bitcoin: d Bitcoin is a very risky investment tool. But it can make you rich in the future. It is better to make different investments. Portfolio diversification would be nice.
You seem to be looking at bitcoin from the perspective of a gambler, you are looking for excitement and that is not what an investor is really looking for, an investor only cares about one thing and that is to obtain profits and most investors around the world prefer to earn profits in a systematic and boring way, after they get those profits they can choose to do all kind of exciting things with them but when it comes to earning money investors prefer to earn their money in a predictable way.
full member
Activity: 721
Merit: 100
Buying gold is always a sensible investment. But if you're looking for excitement, get Bitcoin: d Bitcoin is a very risky investment tool. But it can make you rich in the future. It is better to make different investments. Portfolio diversification would be nice.
copper member
Activity: 832
Merit: 18
Create your coin for FREE ★mintme.com★
I think you should diversify your portfolio even more than just bitcoin and gold, it might be simply not enough.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
if I have enough money then I will choose both because gold and bitcoin both must have a good future to be used as an investment asset, but of course both have advantages and disadvantages of each we need to consider
In the case that the next economic crisis only brings a recession it is probably better to hold bitcoin than to hold gold, gold performs at its best when the fiat currency created by the government is not doing well and a recession does not guarantee that we are going to see any kind of collapse in the fiat system currently in place, so out of those two bitcoin seems to be the best option but that is only true if you are capable of holding your coins for long enough to see that recession.
hero member
Activity: 1484
Merit: 516
if I have enough money then I will choose both because gold and bitcoin both must have a good future to be used as an investment asset, but of course both have advantages and disadvantages of each we need to consider
jr. member
Activity: 50
Merit: 5
I think in a recession Bitcoin will be a genuinely hopeless 'safe harbour'.

Most people will run for the exits faster than their little feet can carry them. Of course the true believers won't but they're rather heavily outnumbered.

But I doubt we've seen an end to the financial tricks played to keep the plates spinning. If Bitcoin keeps going for a few more years of relative peace its perception may change and be in a stronger position when it happens.

As for USD dying, we've only been hearing that for the last 4-5 decades yet there it still is.

I don’t believe we’ve seen Bitcoin in a real recession, hence I don’t believe conclusions can be drawn here, on the other hand gold has a history being a safe haven for recession, in which negatively correlates with USD, of course things have changed a bit, but I wouldn’t rely solely on Bitcoin during a recession however promising this new class of asset is.
sr. member
Activity: 2352
Merit: 245
There are a lot of ways to avoid strong inflation during the next global financial crisis. This is not just a purchase of gold or bitcoins. It can be land, houses and other real estate, antiques, jewelry and much more. Among these measures, buying bitcoin is probably not the best solution because of its high price volatility. Yes, for these ten years, bitcoin can be considered to be constantly growing in price. However, there is no certainty that this will continue to happen. But what if it drops in price to the level of the rest of the cryptocurrency? Therefore, you need to use several options for protection against inflation at once and Bitcoin can be one of them.
sr. member
Activity: 1456
Merit: 359
Gold is the right choice to face a recession, the volume is low. Bitcoin also has a very strong chance if investors are able to take the right opportunities even though the volumes are high. So, why choose one if you can still take advantage of both? after all there are many things that are unpredictable, if we put all the eggs in one basket of course the risk is greater right?
Gold give us less risk with impossible price of gold down but many people want to get much profit faster with their investment, maybe needed short time to get much profit by investing with bitcoin and altcoin, if some one dislike with big risk and big result will invest with gold and just brave mind want to invest with bitcoin or altcoin because have profitable and give much profit for investing.
I'm a big fan of bitcoin but if I will choose what type of investment that I will choose in terms of recession, I will choose gold than bitcoin. If the financial crisis happen, the stock market will crashed and there is a possibility that the cryptocurrency market will also crashed and there will be effect to the price of bitcoin. Gold is a good investment and it can help us to prepare to recession.
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