Which will do better in this Economic Crisis ??? BITCOIN or GOLD ???

[cizatext]

I never expected the price of bitcoin to crash this much due to the fact that amid this covid 19  crisis that is affecting all aspect of the economy, bitcoin should have been alternative currency at this period there leading to high demand for it but revise is the case. And in the case of gold we all know how hard it is to access the metal asset ordinary not to talk of the period of lock down in most part of the world so that can cause it demand to increase since access is restricted.

[TheGreatPython]

I do like Bitcoin, but I am not surprised about what happened recently. Right from time we have all known that Bitcoin is a volatile asset, and anyone that says that they are not aware of that is a big liar. Bitcoin is a volatile asset, so you're not meant to believe those that are saying it's a safe haven. When you invest in bitcoin you're doing so at your own risk, and might lose your money.

But despite what has happened, I'm still not going to stop buying Bitcoin, as long as I have the money I am going to buy and store them in my wallet. Bitcoin has proven to be good when you invest in a long term, the problem is that not everyone can hold for long. Most people here are just looking for quick profit.

[Wind_FURY]

OP, what are you shilling the people to buy? Gold, or gold certificates? Because Gold deliveries are unreliable because of the pandemic, but Bitcoin will available 24/7.

Not your vault, not your gold.

[Farma]

the percentage shows the most votes at the moment to bitcoin. that means, that crypto users prioritize bitcoin over gold right now. however, I guess it's because they can use bitcoin to get extra income, even more so under these circumstances. Well, gold might be good, but it will only continue to be stored.

[Sadlife]

We are in a cryptocurrency forum so we could be a little bit bias. But in a rational perspective i would say that Bitcoin will do much better in the future because gold. You can't really send it across the globe instantly like what Bitcoin could do with the cheapest fees.
And in the recent news the banks are planning to confiscate gold from investors.

[Gheka]

We are in a cryptocurrency forum so we could be a little bit bias. But in a rational perspective i would say that Bitcoin will do much better in the future because gold. You can't really send it across the globe instantly like what Bitcoin could do with the cheapest fees.
And in the recent news the banks are planning to confiscate gold from investors.

I don't think so, in the most equitable way, both can be groundbreaking in value right now but i consider gold would be better because the user community of crypto and bitcoin is not an ideal number, this cramped space will limit bitcoin's value while gold is a product that the whole world can easily recognize and invest. Looking to a future where recovery begins, investments will gradually return to the stimulus from the government, businesses and investors, gold will undoubtedly stand out more in that moment, instead of an unfamiliar investment like bitcoin

[RememberGod]

There are months to come when we will be able to say that the crisis is over. If hyperinflation occurs in many currencies then bitcoin would win for sure. It is not user friendly to carry gold bars and ensure authenticity ))) If not, then bitcoin still has greater chances. Because of its low market cap it can make 10x or more while it is almost impossible for gold to do the same as gold market cap has to go to 80 trillion.

[bp124]

This crisis has affected stock prices. The prices of oil, cocoa and many others are crashing. Even if crypto is crashing at this time, we are sure that the price will rise again. I would choose crypto over any other coin.

[NIOJALB]

I definitely think during economic crisis gold will perform better(op's question).But if we are looking in long term basis bitcoin is way ahead in many ways as a new coin due to its easy accessibility as well as portability. Gold is good because of its stability but if we are talking about long term returns bitcoin will easily surpass gold in terms of return as well as its scope of use.   In short gold is good if one wants stable investment option , but if we are looking for good returns bitcoin is better.