On the surface, bitcoin can be a rival to gold because they are both alternative assets and can help reduce risk in a traditional portfolio, said Edmund Moy, senior IRA strategist for precious-metals distributor U.S. Money Reserve. Cryptocurrencies and gold have been rounding out an impressive year, with bitcoin and the precious metal both lifted to record highs. That’s one of many things digital and physical assets suddenly had in common in 2024, but it’s their differences that can actually help investors balance their portfolios in the year ahead. Which one is for you to invest on preferably ?