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Cryptocurrencies and gold: You need to take a position


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Cryptocurrencies and gold are often written about as either / or positions for an investor’s portfolio as they act as an alternative to currencies but they have can work well in combination

Any trader looking to make money on cryptocurrencies and gold markets needs to invest time researching before taking a position. 

If you do a search on cryptocurrencies it won’t be long before you’ll see an article that compares their merits against gold. 

Should you invest your hard-earned money in gold or cryptocurrencies? They ask, and variations on that theme. 

The number of these articles implies that they are somehow in competition with each other. 

But it’s a phoney war. Both have a different role to play in the world of finance and in your portfolio. 

 

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