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TaoFu Bank warns that the Bitcoin craze may distract gold investors

TaoFu Bank warns that the Bitcoin craze may distract gold investors

Bitget2024/11/24 03:00

George Milling-Stanley, head of gold strategy at DaoFu Bank, warns that the rise of Bitcoin could mislead investors into overlooking the stability of gold. He believes that Bitcoin is more like a return-driven investment, while gold provides long-term stability. He also criticizes Bitcoin promoters for misleading the market by using the term "mining", believing that gold remains a more reliable investment choice.

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