Bitcoin vs Gold: This crypto has given six times the return of gold and 12 times that of Sensex, know the full details here – bitcoin surges 600 percent in last four years beats peers by wide margin

Bitcoin vs Gold: This crypto has given six times the return of gold and 12 times that of Sensex, know the full details here – bitcoin surges 600 percent in last four years beats peers by wide margin

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New Delhi: Gold or Bitcoin? The debate on this is very old. Due to the banking crisis and the fall in the dollar, the gold price is increasing once again. Gold has reached all time high on MCX. In the last one month, the price of gold has increased by seven percent. It is believed that in the event of deepening of the banking crisis, gold can go up to Rs 64,000 per 10 grams in the short term. By the way, if we talk about the returns of the last four years, gold has given 100 percent returns during this period. During this period, the world’s oldest, largest and most popular cryptocurrency, Bitcoin, has given 600% returns. That is, bitcoin has given six times the return compared to gold. In November 2021, the price of bitcoin reached an all-time high of $68,789.63. But after that it has declined. It is currently trading around $28,000.

When bitcoin was launched in the year 2009, its price was only Rs 0.060. Then the price of gold in India was Rs 14,500 per 10 grams. Its price has increased more than four times in the last 14 years. On the other hand, the price of bitcoin has increased several 100 times. Now it is around Rs 23,15,026. In terms of returns, gold stands nowhere in front of bitcoin. But there is a huge risk in this. Governments have not recognized it. On the other hand it is easy to buy and sell gold. Loan can be easily taken by pledging gold. India has a long tradition of investing in gold.

Bitcoin Price Today: 1000 rupees made 76.4 crores, 14 years of bitcoin

who gave how much return

Silver has given 76 per cent returns in the last four years. The Sensex has gained 50 per cent during this period, while the A&P 500 index has gained 41 per cent. If you had invested Rs 100 in copper four years back, it would have been worth Rs 137 today. Crude oil has increased by only five percent during this period. Although the price of crude oil had reached $139 per barrel in February-March last year, but now it has halved. The rupee has depreciated by 20 per cent in the year to year last year.

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