Bitcoin Versus Gold: Which One Do Investors Prefer?
- Renowned personalities show interest in investing in cryptocurrencies like Bitcoin.
- Bitcoin continues to rise in value, as well, reaching $51k today.
- Which is a better investment—gold or Bitcoin?
The pandemic taught all of us a lot of lessons in different aspects of life. However, two of the most important ones are savings and investments. Some people have realized the value of being stable financially, which allows you to stay afloat in times of unforeseen circumstances.
We all witnessed how people, especially businessmen, took advantage of this period in a positive way. People valued digital transformation more and saw its benefits to the world. Particularly in investments, gold still holds significant value today. However, a new alternative shone brightly during the pandemic—cryptocurrencies.
Famous personalities and businessmen showed interest in cryptocurrencies like Bitcoin, which made them move from gold to the latter. For example, Michael Saylor, the Found and CEO of $MSTR (MicroStrategy), said in his tweet,
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Text source: News – CoinQuora – Latest Cryptocurrency and Block
