Bitcoin vs. Gold: Why Even Gold Fans Should Consider a Small Crypto Investment
When gold supporter Debra Robinson joked, “Imagine paying $118,000 for a bunch of man-made numbers,” she shared a common view among people who love gold. But Lyn Alden, a well-known financial analyst who supports Bitcoin, gave this simple advice:
“If you love gold, consider putting just 5% of your gold investment into Bitcoin. That way, you protect yourself in case Bitcoin keeps growing. Then, you can just relax and not worry about it.”
Why Gold Investors Should Pay Attention
Right now, Bitcoin is worth nearly $118,000 and has broken its record highs. This is happening as people worry about inflation and economic problems.
Bitcoin now has a total market value of over $2.2 trillion—more than silver. Big companies like BlackRock and others together own nearly 1.3 million Bitcoins, about 6% of all that exist.
Gold is also doing well, currently priced at around $3,355 per ounce, close to its record high of $3,500. But Alden’s idea isn’t about giving up on gold. It’s about managing risk wisely.
If you have $100,000 in gold, putting $5,000 into Bitcoin is like buying insurance. If Bitcoin keeps growing and replaces gold as a store of value, you’ll benefit. If it fails, you’ve only lost a small amount.
As Alden says:
“You can go to the beach and forget about it.”
Looking Back: How Things Have Changed
Vijay Boyapati, author of The Bullish Case for Bitcoin, said:
“In 2013, I told people to buy Bitcoin as insurance in case gold failed. Now, I see gold as insurance in case Bitcoin fails.”
This shows how much Bitcoin has grown in the past 10 years. It went from being a backup plan to becoming a serious investment. For many people now, gold is the backup.
Not everyone agrees, though. Famous Bitcoin critic Peter Schiff still tells people to sell Bitcoin and buy silver instead. He believes Bitcoin is too risky and that silver has better potential with less downside.
But as more big companies and investors buy into Bitcoin, fewer people are listening to critics like Schiff.
The Bottom Line
Putting even a small part of your gold investments into Bitcoin is a smart way to protect yourself from being left behind by technology. As Bitcoin keeps gaining attention and value, this small move could make a big difference.
Some gold fans may laugh at the idea of paying so much for “digital money,” but the truth is clear: Bitcoin is changing the game. As Alden and Boyapati say, adding a little Bitcoin isn’t gambling—it’s smart planning for the future.
