Is Bitcoin A Better Investment Than Gold? Finance Expert Shares Deep Insights
Robert Kiyosaki, the author of Rich Dad Poor Dad, has once again declared his support for Bitcoin, this time making a direct comparison between the digital asset and gold. In a recent post on social media, the New York Times bestselling author said that if he were forced to choose between the two, he would select Bitcoin over gold, citing the cryptocurrency’s actual design as the deciding factor. His comments quickly led to reactions from his followers, not only because of the comparison but also due to his own recent activity in the crypto market. Bitcoin Is A Better Investment Than Gold....
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Crypto seems to be nearly as popular as gold among Russian investors. Cryptocurrency investment is one of the most popular investment tools in Russia, according to a new report.The World Gold Council, a major market development organization for the gold industry, released a report on retail gold insights in Russia on Oct. 20.According to the report, cryptocurrency is currently the fifth-most popular investment tool in Russia after savings accounts, foreign currencies, real estate and life insurance. As part of the World Gold Council's rankings of Russian investments made in the past 12....
According to a recent research survey, cryptocurrency investment is a touch more popular than gold in Russia. An organization called the World Gold Council surveyed 2,023 investors and cryptocurrency turned out to be the fifth-largest investment next to gold. The World Gold Council (WGC) is considered an authority on the gold industry as the market development organization works with all types of industry leaders in the precious metals field. WGC also manages the very popular web portal gold.org and it often publishes research studies concerning safe-haven investments. Just recently, WGC....
Bitcoin is not a gold standard as it is independent, without the intervention of any central bank or government agency. There has been a lot of comparison between bitcoin and gold in the recent times. Bitcoin has been compared to gold in many aspects. In fact, bitcoin is also called digital gold for a reason due to various similarities it shares with the yellow material. However, referring to bitcoin as a gold standard may not be relevant. The gold standard is a reference to the monetary system that was based on the value of gold. While most countries stopped following the gold standard....
A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest.
Fewer Turks Now View Gold as Best Investment
A recent study by Areda Survey has found that a significant number of Turks — about 42.9% — still consider gold to be the best form of investment. The figure is almost 15 percentage points lower than the number of Turkish individuals that....
Bitcoin had an exciting weekend filled with sharp volatility and historic price movements, leaving the market buzzing with anticipation. The cryptocurrency pushed above the $108,000 mark, reaching a new all-time high (ATH) of $109,350. However, the rally was met with resistance, and Bitcoin quickly retraced to as low as $99,400 before recovering. The dramatic swings […]