Posted 4/8/2024, 4:37:08 PM
Gold and Bitcoin: Weighing the Risks and Rewards of Adding Alternative Assets to Your Portfolio
- Bitcoin and gold have seen strong price appreciation recently, but are also prone to high volatility
- Security risks with crypto include potential for theft if stored improperly and lack of regulatory oversight
- Bitcoin offers decentralization and 24/7 liquidity, but also gives criminals ways to enable illegal activities
- Gold serves as an inflation hedge and physical safe haven asset, but requires storage and insurance costs
- Diversifying into alternative assets like gold and bitcoin could improve portfolio risk-adjusted returns long-term