Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Which One is the Best Safe Haven During the Special Time, Bitcoin or Gold?

Authors
Juncheng Luo1, *
1Department of Chongqing number 1 secondary school, Chongqing, China
*Corresponding author: guanghua.ren@gecacademy.cn
Corresponding Author
Juncheng Luo
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.202How to use a DOI?
Keywords
Bitcoin; COVID-19; gold; risk; price; safe haven
Abstract

The outbreak of COVID-19 in 2019 has had a huge impact on the global economy while also threatening people’s lives and property. In this context, investment means and ideas have also undergone great changes, such as a shift from riskier investments to more prudent ones. Traditional investment means such as gold, emerging investment means such as bitcoin. In this paper, gold and bitcoin are taken as the research objects, and the relevant risks and policy status quo are reviewed and analyzed. The research results show that gold is more suitable for investment in abnormal economic forms, while bitcoin has higher risks. On the one hand, the conclusion of this paper provides countermeasures for national financial development, and on the other hand, provides relevant suggestions for individual investors.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Download article (PDF)

Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
10.2991/assehr.k.211209.202
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.202How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Juncheng Luo
PY  - 2021
DA  - 2021/12/15
TI  - Which One is the Best Safe Haven During the Special Time, Bitcoin or Gold?
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1256
EP  - 1259
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.202
DO  - 10.2991/assehr.k.211209.202
ID  - Luo2021
ER  -