Within the last week, bitcoin investors who have been worried about the drastic fashion in which the cryptocurrency has lost value have started to invest in gold and other traditional investment opportunities. Gold coin sales rose fivefold last week according to CoinInvest, the trader based in Frankfurt.

Bitcoin has begun to recover over the weekend, rising to a valuation of £8,430 on Monday morning, after reaching as low as £7,187 in the middle of last week. Despite this, investors n the digital currency will still be a little spooked, and there has been a steady increase in demand for gold over the same period of time.

It is thought that investors look at gold as an established investment opportunity, with a track record that runs over many decades and is also a physical asset that you can see and touch. At this time where cryptocurrencies are gaining credibility in the mainstream market, older investors are more likely to look at a more physical asset as a credible option, rather than something you cannot physically hold, such as Bitcoin.

Many financial experts expect Bitcoin and other cryptocurrencies to recover and continue to grow for the foreseeable future, even if many do not think it is an area in which growth can take place forever. The warnings currently are that the bubble will burst, but there is still time to invest and make some money.