Ethereum gold bitcointalk

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For the year , bitcoin has appreciated For gold, it had trended in the negative, recording a total ROI of It is regarded as a relativity low-risk asset that also doubles as an inflation hedge. This is because it is universally accepted as a store of value, recognized by even central banks. Given this, it has lasted for more than 2, years as a currency and form of investment.

Bitcoin, which is a little over a decade old at this point, has gained favor over gold as an investment vehicle, especially among younger investors. This study shows from showed that Millennials feel safer investing in bitcoin over precious metals like gold and also picked the digital asset over stocks. Featured image from Bitcoin News, chart from TradingView. Propelled by adoption, digital assets such as bitcoin and ethereum hit new all-time highs.

Both assets are headed towards the end of the year have at least doubled their value from the same time last year. Gold has however not had such luck. Where bitcoin and ethereum have returned double and even triple-digit ROIs, gold investors have seen nothing but losses. This report from IntoTheBlock outlines just how badly gold has performed compared to its digital counterparts.

For the year , bitcoin has appreciated For gold, it had trended in the negative, recording a total ROI of It is regarded as a relativity low-risk asset that also doubles as an inflation hedge.