Crypto Long & Short: Why gold and bitcoin belong in the same portfolio
This article argues for including both gold and Bitcoin in investment portfolios, highlighting their shared scarcity and resistance to central bank expansion, which is significant in a world with rising debt. It notes that while gold has a 5,000-year history, Bitcoin's 17-year history offers less empirical evidence, and a study suggests neither is a reliable hedge or safe haven during market drawdowns.
Why it matters
It provides an investment perspective on two key assets, gold and Bitcoin, in the context of global economic instability and rising debt, offering insights for investors considering portfolio diversification.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc., CoinDesk Indices or its owners and affiliates.
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…and if you’re looking for bitcoin meets Broadway: Crypto is taking the stage in New York City. “Bitcoin Bad Boy,” a comedy by Ben Schiller , runs Oct. 15-25 at the Chain Theatre. The show centers around a family in debt, a coder who wants to build a better world and a memecoin. Learn more .
Gold trading near $4,200 an ounce alongside bitcoin BTC $83,212.45 holding around $84,000 has revived a familiar argument: Should investors own gold or the “digital gold” alternative?
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