Why billionaire, Jeffrey Gundlach picks Bitcoin over Gold

[Flow-er]

The hyped around the king coin is gaining popularity everyday. There are different versions of the hype and some even compared it to other financial securities, giving it an edge. There is no doubt that the bellwether of of cryptocurrency is the most valuable assets in the world because of its degree of upswing since it was created. Adding the bellwether is perhaps the best thing that one could do to its investment portfolio . There is guarantee that it will surge due to its historical trajectory. Investment on such cryptocurrency assure you of future gain and that's perhaps the best thing that could happen to ones financial status.


The co-founder of a big assets manager, DoubleLine Capital, Jeffery Gundlach made a profound statements on how the bellwether of cryptocurrency is better than Gold on a short term. The experienced assets manager with over $150 million assest under his watch, made this known based on his wealth of experience in financial circles. The bitcoin trades above $41000 when the federal reserve increased the interest rate. This is one of the ways the cryptocurrency is being influenced by the power house. Look at the hike in the market value of bitcoin due to such policy from the federal reserve. The bond King explained that the "digital gold" as an edge over gold in all circumstances.

 

[Lens1000]

The debate on which commodity is better than between gold and bitcoin as been long. The major thing is that both gold and bitcoin are good in my opinion. The choice depends on the type of investment that you wanted. If you wanted a stable investment, you will definitely go with gold because it a more stable investment because of its low volatility. The risk involved in this type of business is very low and equally minimal. It is a more stable because your money will not disappear into the thin air like the cryptocurrency. On the other hand, cryptocurrency is a more profitable investment which could give you a very high return . The more the profit the more the risk in a business and that is the more reason why cryptocurrency investment is a very risky investment. You will be able to make something worthwhile and also minimise losses when you know alot around the fundermental and the technical analysis. The use of indicators are equally important as it would help analyse the technical or complex price movement into a simple buy or sell signal. The best thing that one could do is to ensure that you know all of these.

 

[eldavis]

Gold has actually stood the test of time. There where times where people thought Bitcoin would completely overtake gold and take over completely, many felt gold would be useless but to the surprise of many, gold is still kicking fine, I think both are great investments, though gold has a more solid ground, since it's something that can be seen and touched. This is one major reason why most persons still go for gold till date.

 

[Lens1000]

Gold has actually stood the test of time. There where times where people thought Bitcoin would completely overtake gold and take over completely, many felt gold would be useless but to the surprise of many, gold is still kicking fine, I think both are great investments, though gold has a more solid ground, since it's something that can be seen and touched. This is one major reason why most persons still go for gold till date.

We cannot overemphasised that gold as stood the rest time and it is as old as the planet earth. The gold has been in existence for a very long period of time and people of the ancient have been transacting it for a very long time too. This is the major reasons why most of the investors are never skeptical of this type of this type of investment. If you are looking for a more stable investment, look no further, gold is the right choice. The major reasons why gold was chosen over bitcoin at times us because of its stability. This peculiar features would normally attract investors. On the hand, bitcoin is a very good investment but may not be as stable as gold. If you are looking for an investment which will give you a very high profits, bitcoin would be the better option because it has the potential to surge in the future because it is one of the most lucrative investment ever. If you would invest on holding it for a very long time you will make more profits and that's absolutely the best way or the best trading strategy for bitcoin. For me , I Will rather go with bitcoin because of the return.