Preparing for a recession... Gold or Bitcoin?

[DreamStage]

Due to recent attacks we are already seeing who's winning in tradings.

Bitcoin has reached new all time highs within a 3 month period where Gold has increased way lesser.

We were also speculating and expecting Bitcoin to achieve such values.

Therefore when preparing for a recession it's surely to go for Bitcoin as people tend to use it for more saferguarding.

[atjiat]

I'm pretty sure that Bitcoin is still better investment than gold. Why? Because Bitcoin and blockchain technology is still the future of all currencies while gold is more "present" and it could be less valuable soon. I recommend to check this great article about this Bitcoin vs Gold topic.

When discussing the withdrawal of Bitcoin or gold, you should take into account the fact that this topic is primarily discussed in terms of the benefits of investing in Bitcoin and gold, and what kind of profit the investor will receive at a certain time.  But if you take into account the fact that it is more valuable and stable today, then gold will be out of competition.  after all, someone can be more calm when he has a kilogram of gold in his pocket, and not just one bitcoin, which, perhaps in 10 or 20 years, will have a price of 50 or 100,000 dollars.

[takingthis4]

Gold is the right choice for dealing with a recession, with low volume. Also, Bitcoin has a very strong chance if investors can take the right opportunities, even if the volumes are high. So, if you can still take advantage of both, then pick one. After all, there are many things that are unpredictable, of course if we put all the eggs in one basket, the risk is higher.

[X-ray]

Due to recent attacks we are already seeing who's winning in tradings.

Bitcoin has reached new all time highs within a 3 month period where Gold has increased way lesser.

We were also speculating and expecting Bitcoin to achieve such values.

Therefore when preparing for a recession it's surely to go for Bitcoin as people tend to use it for more saferguarding.

To quickly achieve that much of increase and ATH it does pose the risk of being dumped as quick as that aswell, the recession could also stimulate it to be even worse than it's 2017 ago. I honestly won't risk using bitcoin at recession because I don't exactly know what will happen if the recession really happening and prefer to stick with gold. maybe i'm afraid of nothing but atleast that's the best decision for myself.