Store of wealth
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Gold Soars While Bitcoin Slips Below $90,000. Should Fans of the Leading Crypto Be Worried?
Yahoo Finance· 2026-02-08 15:35
Core Insights - Gold is traditionally viewed as a store of wealth and has seen significant price increases over the past year, driven by geopolitical and economic concerns [1][2] - Bitcoin, while also considered a store of wealth, is a digital asset with value determined by market perception, and it lacks the physical presence of gold [3][4] - The historical stability and established role of gold as a diversification tool contrasts with Bitcoin's relatively new status and untested nature as a store of wealth [4][5] Investment Considerations - Gold remains a physical asset that can be used in various scenarios, providing a sense of security for investors [2] - Bitcoin's volatility and lack of physicality raise questions about its reliability as a long-term store of wealth, especially in economic downturns [3][4] - Only aggressive investors should consider allocating significant portions of their portfolios to Bitcoin or gold, as both assets can be subject to speculative price movements [5]