Cryptocurrency vs. gold
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I am starting my investment with $1000 monthly. I have 2 options in my mind:
- Should I invest 80% in Bitcoin and 20% in Altcoin?
- Or should invest in gold only?
Considering the current market trends and tax implications in my mind, which one should I go with?
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According to the US market trends and tax rules, it's better to diversify your investments. This crypto world is very volatile; it gives you good returns, but the risk factor is high. On the other hand, gold is more stable but gives you lower returns. So I would suggest a mix of both crypto for growth and gold for stability as a good option for you.
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