Gold or bitcoin?

As Gold has been seen as the safest asset over centuries, Bitcoin is now becoming a serious challenger. The well known cryptocurrency has seen its value increasing by 40% in 2020, and many expect reaching nearly $40K by the end of Q1. Investing in this asset seems for many economists and or experts such as Max Kiezer or Simon Dixxon as essential in a long term portofolio. Other experts claim that the current trend is not sustainable and a crash inevitable similar to what we have seen in 2017. However, global institutions are not in the mix and boost the demand while the demand for this asset is shrinking.
Interestingly, we have seen the price of gold decreasing which seem odd considering the current money printing effect and signs of inflation being reported in few countries.
Now is switching from gold to BTC the best approach short and long term? Is there space for both in your portfolio?

Good investors always think about increasing their wealth with a long term view and while BTC is shining more then ever, gold has been there for centuries and it is not going to disappear. As we are going in a new world where the digitisation or as i call it, digihumanisation is increasing, it will be difficult to play without crypto and digital currency.

Having both assets is clearly a wise approach as you dont want to miss the next newish thing while keeping your sure bets. Now in terms of how to balance those assets and any other stocks, real estate, will depend on your long term goals and strategy.