Bitcoin vs. Gold: 10 experts told us which asset they d rather hold for the next decade, and why
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As bitcoin continues its meteoric run, more investors are now reviewing the longstanding comparison between the famous cryptocurrency and gold.
Bitcoin crossed the $1 trillion market capitalisation mark on Friday, while gold touched $1,784 (R26,151).
Insider surveyed ten experts to see which asset they d rather hold for the next ten years and why.
As bitcoin continues its meteoric rise, breaching new records and crossing the $1 trillion market capitalisation mark in just the last week, more investors are assessing the longstanding comparison between the famous cryptocurrency and an equally well-known asset class: gold.
Mike Venuto, co-portfolio manager of the Amplify Transformational Data Sharing ETF, says bitcoin will rise to $250,000 in the next three years. The ETF manager
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The former FDIC chair warned investors of the high price of bitcoin, adding she has no confidence in the cryptocurrency despite its increasing acceptance.