Topic: Bitcoin or Gold? - page 3. (Read 1272 times)

For Bitcoin it was first half of this year (which is not yet finished) but you need to remember that gold returned negative profits for the same period. I have already posted about this, and gold prices are sliding for the last 7-8 months. Since August 2020, there has been a 20% decline in the gold prices. Gold was an outlier during this period, as almost all the other assets returned positive profits. There is a remote possibility that the rising popularity of cryptocurrency had negatively impacted the gold demand.

I think between Bitcoin and gold, Bitcoin is more promising for profit, but also provides a big risk and it can make you lose asset value, like when the Bitcoin price has dropped in the last few years.

Indeed, gold has a stable value from inflation. I think choosing both as a long term investment is much better than choosing either one.


I think between bitcoin and gold are will stay. Because they are in a different world.

Bitcoin will survive by its educated and knowledgeable users of the internet and live in it.

While, gold will still be used by ordinary people who do not know cryptocurrency.

Gold and bitcoin managed to become one of the most profitable investment assets in the first half of this year.
However, the increase in the value of the two assets that occurs simultaneously relates to which investment asset will be a better store of value.
Gold and bitcoin can complement each other's portfolio of investors to get bigger profits.

I personally Don't compare bitcoin with gold.But My investment 98% in btc and 2% only on gold.

how many threads do we have to encounter such topic like this? i believe ive seen a lot of these throughout the years. but users keep on comparing these 2 for no reason. gold has tangible uses to humankind that bitcoin can never replace.
but if you want to look for investments, better hold these 2. you can never go wrong with gold. but with BTC, is a very volatile investment. need to know yourself if you can handle this type of market.

I agree why we have to compare Bitcoin and Gold, even though both are very good assets to buy. So it makes people confused which one to buy,
even though both must be purchased. Indeed Bitcoin and Gold have something in common, but that doesn't mean they are the same. So it's best
to stop comparing Bitcoin and Gold, and better promote both of them. I myself am currently investing in Bitcoin and Gold, and quite satisfied with
the performance of both.

Both of them can coexist and are valuable. In term of market capitalization, Gold is the super while BTC has an advantage on the volatile price. At the long run, if the price keep on floating like this, it might take over from Gold in terms of valuation and market capitalisation

I don't quite understand bitcoin being compared to gold. why do we need to compare it with something? bitcoin is something very different, gold is something very different. ok both very valuable. Both of them are being mined. Mining bitcoin is getting harder and harder, and gold is a metal that has become harder to obtain over the years. but the background and goals of the two are very different.

I have a feeling that gold is slowly losing its sheen among the investors. Look at the gold price, since the pandemic spread across the world. The price peaked at $2100 per oz by August 2020. But after that, it has been a steady decline. Now the price has even dipped below $1,780 per oz. At first I thought that this is a temporary phenomenon, resulting from individual investors selling their gold to survive the pandemic. But now that doesn't seems to be the case. Large investors are also selling their gold, because the future prospects doesn't look very good.

As the times changes your decision to invest and see the utility as well should change. Bitcoin is the good choice and me as well think now that till recent years gold has being the favorites for many people to invest and use in time of requirement. But after bitcoin the proportionate ratio of investing in bitcoin should be higher than that of gold as per me and this will also results n better profitability in long run.

Gold is as old as human history. It won't going anywhere because people still trust it as a store of value. It's a great asset to hold for the long term in order to protect yourself from the negative effects of inflation. Bitcoin is similar to Gold in the sense that it's extremely limited in supply, but it comes with its drawbacks. While Gold is relatively stable in price, Bitcoin is all of the contrary. The volatile price of Bitcoin on the market brings many profit opportunities to its holders. But at the same time, it can leave anyone with huge losses once prices go all the way down the drain. If you'd want to secure your financial future, then it's best to hold both assets instead of relying on one of them for your survival. Diversifying your investment will make you reduce losses as much as possible.

Nonetheless, I'd choose Bitcoin over Gold anytime because the pioneer cryptocurrency goes up at a faster rate than the yellow precious metal. With every downfall in price, comes a huge "bounce", leaving you with more money than initially invested. By taking profits earned from Bitcoin and putting them into Gold, you'll be able to achieve peace of mind in no time. It's what I've been doing lately, in order to help secure my financial future. With how popular Bitcoin has become, I'd envision a future where both assets (Bitcoin and Gold) co-exist for many generations. Just my opinion

I think both assets are good for investment and it's a matter of preference for the investor which asset he/she wants to invest in. Also, why not invest in both BTC and Gold? since both are promising investments but more people are into cryptocurrency nowadays due to its massive growth potential. Well, your choice and decision will matter if that asset is suitable for you.

The adoption of bitcoin by institutional investors has just started, while gold has been adopted for a long time, so gold and bitcoin have a very good potential to be used as a store of value or investment because so far the movements of the two are almost the same, but with the development of blockchain technology, it is possible the future of many people who choose Bitcoin.

Off course BTC is more valuable than Gold
but I m with Gold.

because GOLD is Physical Holy Metal. It suits and stays only with holy guys. 

while bitcoin stays with anybody.....!

Of course I chose bitcoin. Bitcoin's profits are much higher than gold. If we invest in gold this year, we will lose a lot of money, but if we invest in bitcoin we will get big profits. So bitcoin can make us rich quickly but not for gold.

Gold, even though a rare they can be replicated as the science progresses forward. Bitcoin on the other hand, will remain scarce. Bitcoin is my preference but I suppose the society in general would still prefer gold. That will change sooner or later. 

To be assets i will pick on bitcoin. Since there are not much space needed to save bitcoin and not like gold, bitcoin is easier to sell especially there are a lot of exchanges and local exchanges so people can withdraw their money immediately after sell their assets. As long we set double security like 2fa, back ups for private key, or anything else. If me i back up in 3-4 flashdrives in case 1 of it broken.

While to me both of them are good assets to invest in, for now i will rather go with bitcoin simple because, I stand a better chance of increasing my profits from Investment or ROI much quicker and higher than I would get from Gold under the same period of time however this doesn't take away the fact that Gold will still have a part of the investment in a future time.  

I have to say that this is the correct answer.
Meanwhile, bitcoin and gold are still volatile asset. Everyone knows that the fluctuation and risk of investing in bitcoin are much greater than gold, but it is worth the profit. In addition, investing in bitcoin in the long term can minimize risk because the price of bitcoin shows an increase from year to year. So, always DWYOR.

Well, everyone is entitled to their own choices and decisions so it's completely up to you to chose where to put your money. As for me, I'm putting my money where my mouth is. Bitcoin might not be a decent stable crypto, but it's a rewarding one, I can tell you that. Holding Bitcoin vs Gold year-to-date proves that. If I want a stable kinda investment or asset, I'd be sure to patronize government bonds or mutual funds and not gold. Also, its becoming a reality with each passing that that Bitcoin would soon be on par to gold in the near future. I'd like to be here when that happens. Good luck to you though.