Bitcoin or Gold- Which Should You Buy

Sanjeev Kumar

Abstract


Bitcoin is digital money, type of instalment that utilizations cryptography to deal with its creation and administration, as opposed to relying upon focal experts. According to Nakamoto, “Bitcoin is a software-based online payment system and introduced as open-source software in 2009”. Among all the precious metals, gold is the most prevailing as an investment. Investors generally purchase gold as a way of dividing risk, especially from the use of futures contracts and derivatives. The gold market is subject to the speculation and motility as are other markets. Weigh to other precious metals used for investment, gold has been the most effective safe space  and hedging properties among a number of countries. This  research paper studies the concept of Bitcoin and further compare Gold and Bitcoin regarding investment prospective.



Keywords


Bitcoin, Gold, Investment, Cryptocurrency

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