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Illya Gerasymchuk
Engineering & Finance

Gold Outperformed Bitcoin In The Last 8 Years

Let's go back in time. It's December 2017. You have $1000 to invest, and you have 2 options: gold or Bitcoin. Which one would you choose?

If you bought $1000 worth of BTC at โ‰ˆ$20K/BTC in December 2017, you'd now have โ‰ˆ$3500, or roughly a $2500 net profit.

If you instead bought $1000 worth of gold at โ‰ˆ$1260/oz, you'd now have โ‰ˆ$4000, or roughly $3000 net profit.

And throughout those 8 years of holding, gold's price never crashed by โ‰ˆ50%, like it's more or less the norm with Bitcoin & rest of the crypto.

Bitcoin can be a great idea for your portfolio, but if you're so determined to HODL long-term, you may be much better off with gold.

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