In order to maximize returns, it is essential to understand the background and performance of risky investments.
Two commonly talked about investments are Bitcoin and gold. Both have been making headlines due to their erratic performance in the past couple of years. As an investor, which one should you consider?
Starting with Bitcoin, the cryptocurrency hit an all-time high in late 2013 and due to several unfortunate events, dipped quickly in the 2nd quarter of 2014. Buying Bitcoins now while the price is low makes sense, if you see the currency going up in the future.
On the other hand, gold has a reputation for being a reliable investment. But in 2013, gold prices went down. At the moment, prices have stabilized and advisers predict it will continue to climb slowly but surely.
Ultimately, choosing between Bitcoin and gold comes down to your short-term and long-term investment goals. Good luck!
Bitcoin vs. Gold [infographic] | Daily Infographic