Gold and Bitcoin — Which One is a Better Investment?by@cl-overbit
446 reads
446 reads

Gold and Bitcoin — Which One is a Better Investment?

by Chieh Liu4mFebruary 27th, 2021
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

J.P. Morgan Chase analysts are now forecasting Bitcoin to usurp the position of gold as a traditional haven asset. While both Bitcoin and gold are deflationary assets, Bitcoin has become synonymous with the money of the Internet. Bitcoin may be overbought, relying on increasing institutional investments to push its price. At the same time, Bitcoin (BTC) achieved an all-time-high, following May’s third halving. Bitcoin left gold in the dust, in terms of return on investment (RoI)

Company Mentioned

Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - Gold and Bitcoin — Which One is a Better Investment?
Chieh Liu HackerNoon profile picture
Chieh Liu

Chieh Liu

@cl-overbit

Share Your Thoughts

About Author

Chieh Liu HackerNoon profile picture
Chieh Liu@cl-overbit

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
L O A D I N G
. . . comments & more!