I will definitely prefer to gold because gold has their role in society. Community has accepted as a garment so this will go on. Bitcoin is digital currency. There are so many digital currency coming these days nobody knows what will going to happen next. If bitcoin will be high in price and fees then why I will used bitcoin. I will go to less cost cryptocurrencies. Just like the case these days between Ethereum Network vs BSC network. Project are coming more on bsc network and large old project transferring from eth to bsc
Topic: Bitcoin or Gold? - page 5. (Read 1272 times)
This makes me wonder, which of the aforementioned assets are better as a long term store of value? Is it Bitcoin, Gold, or both? Why do you think such asset is better?
Both are best as a long term investment. But there are advantage and disadvantages in both investment.Bitcoin will give you more profit than Gold and can gain up to 100% or more in a short time. But the Risk is high, you can lose up t0 80% or more.
While Gold price is almost always uptrend and a sure way to gain if you hold a few risk. But there's still chance to lose if you hold in short term.
Do you think at some point in the future Bitcoin will replace Gold? Or will Gold eventually adapt itself to the digital era (tokenization of Gold)?
I don't think will Bitcoin replace Gold. Few years ago some people were selling physical Bitcoin, but now it became a collectors item.Also few years ago there were many projects attempted to tokenization Gold but I did not know what happened after. Because I did not monitor them.
if I was faced with the choice to buy bitcoin or gold, I would prefer to give bitcoin, although gold is more stable , but not as volatile as bitcoin, and today the attraction to digital coins is very huge, so bitcoin wins and is more attractive than gold.
in my opinion, both are quite good investments for long-term investments, if I have to choose one of them I am more interested in investing in gold than bitcoin.
the reason is because bitcoin investment is high risk and the price is very fluctuating, indeed the profit we get in investing in bitcoin is more but that does not mean that it will last forever in profit.
the reason is because bitcoin investment is high risk and the price is very fluctuating, indeed the profit we get in investing in bitcoin is more but that does not mean that it will last forever in profit.
I honestly prefer Gold, mainly because it has a lot of important and luxurious use cases. Though the volatility of its value is very far from Bitcoin's range, but sure Gold has been a very valuable asset for such a very long time.
However, Bitcoin has become a more valuable asset in this modern times as people call Bitcoin the "digital gold".
Nobody knows how much Bitcoin would worth when it reaches its peak. So, I guess Bitcoin could also be a good investment for long term If you're looking to have a huge ROI in the future.
Gold is harder to acquire, while Bitcoin is much easier. Therefore, I don't have Golds. I only have Bitcoin. But that doesn't mean I don't prefer Gold. Nevertheless, both is best for long term investments.
However, Bitcoin has become a more valuable asset in this modern times as people call Bitcoin the "digital gold".
Nobody knows how much Bitcoin would worth when it reaches its peak. So, I guess Bitcoin could also be a good investment for long term If you're looking to have a huge ROI in the future.
Gold is harder to acquire, while Bitcoin is much easier. Therefore, I don't have Golds. I only have Bitcoin. But that doesn't mean I don't prefer Gold. Nevertheless, both is best for long term investments.
I think both of them are very good for investment. gold and bitcoin also have their respective advantages and disadvantages. I also believe that bitcoin is a digital version of gold. throughout the year, gold and bitcoin are getting more and more expensive. it was because of their scarcity. So I think, gold and bitcoin are very feasible for a long-term investment.
In my opinion, gold is difficult to come by and to acquire, whereas bitcoin is relatively easy to obtain if you are trading and profiting. As you can see, the majority of people now own bitcoin and it can be easily exchanged in any amount and you can now benefit from selling when the price rises.
Though they have different purposes and functions in society, one cannot disagree with their utility because both are useful depending on the needs of the people. However, if you want to be sure, gold, which is a tangible object, is the way to go.
But for me, I prefer BTC since I'm using it daily due to trading.
Though they have different purposes and functions in society, one cannot disagree with their utility because both are useful depending on the needs of the people. However, if you want to be sure, gold, which is a tangible object, is the way to go.
But for me, I prefer BTC since I'm using it daily due to trading.
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But the real question to be answered is that How long you can carry to Keep the coins in your folio ? because the way i check your posting history since then you seems to be a typical bounty hunters that cannot even stand to hold a coins that has a value for some time instead what you did is selling once you have taken your payments and bounties.
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- Considering diversification is when we have stabilized and maintained a good income in an area, for example in bitcoin, you have the knowledge and you become an excellent investor, the transfer of part of capital to gold will be an advantage for having new experiences but if you are not really sustainable in both areas, diversity is a waste because you don't know how to deal with underground rules and the raging waves the market creates. The plan has nothing to complain about but it also needs the qualifications of the participantswell , it depend , depending on your own choice of risk , u like a soft play, just buy the gold, u like rough , just buy bitcoin, because i dont see any different from gold and bitcoin except the volatility .
Gold is practicality and assurance because Gold will stay valuable the rest of our life while bitcoin or crypto on the other hand is still on process and still in observation to really stay forever or will be gone in the future.
I think bitcoin and gold are very similar. They are both have limit. Gold is so popular, because it has been around for a long time. Technology wasn't too popular 20 years ago. So before bitcoin all people thought (and I) that gold was a currency that is not lost in value. And they bought to save their money.
It is difficult to change that. Bitcoin is a quiet new phenomenon compared to gold. And has great volatility.
Maybe in 100 years or more bitcoin will be in the same lvl like a gold. But now it's impossible. I don't know what should happen for bitcoin to compete with gold.
It is difficult to change that. Bitcoin is a quiet new phenomenon compared to gold. And has great volatility.
Maybe in 100 years or more bitcoin will be in the same lvl like a gold. But now it's impossible. I don't know what should happen for bitcoin to compete with gold.
Just look at how many large companies have invested in bitcoin today. Given that the supply of bitcoins is limited and there will be less productive over time, the demand for them will grow even more. One can only imagine how much it will cost with such a deficit. Today, many are beginning to compare Bitcoin as a substitute for gold, and also understand all the advantages of Bitcoin over gold. Its only drawback is the lack of long-term stability. But it’s only a matter of time. Therefore, it is safe to say that it is time to recognize bitcoin as a serious asset, which over time will exceed the market capitalization of gold and provide a replacement for it in the future.
~snip
- Considering diversification is when we have stabilized and maintained a good income in an area, for example in bitcoin, you have the knowledge and you become an excellent investor, the transfer of part of capital to gold will be an advantage for having new experiences but if you are not really sustainable in both areas, diversity is a waste because you don't know how to deal with underground rules and the raging waves the market creates. The plan has nothing to complain about but it also needs the qualifications of the participants
well , it depend , depending on your own choice of risk , u like a soft play, just buy the gold, u like rough , just buy bitcoin, because i dont see any different from gold and bitcoin except the volatility .
I prefer BTC. I gold losing it's influence step by step. Technoligies are getting more and more involved in our lives. And in techno future i guess BTC is gonna be more valuable.
Most people would think gold is a better idea although it can give you profit overtime or in the future it is also not safe to purchase bulk amount of golds and showcasing it to the mass. Gold has physical value on it so if you lost it or got stolen, all your hard earned money can be wipe away in an instant. Bitcoin on the other hand can guarantee your safety and profit just be patient enough to wait for the big profit you'll gain in the future.
This makes me wonder, which of the aforementioned assets are better as a long term store of value? Is it Bitcoin, Gold, or both? Why do you think such asset is better? Do you think at some point in the future Bitcoin will replace Gold? Or will Gold eventually adapt itself to the digital era (tokenization of Gold)? Your input will be greatly appreciated. Thank you very much 
I'm not a fan of gold and I don't have any, but I think that gold is better as a store of value that Bitcoin because the price chart paints a clear picture to me when it comes to gold: you probably won't have much profit, but you're not going to lose a lot either. So for keeping the wealth one already has, gold seems like a very solid option. If, however, we're talking about investment, Bitcoin is clearly way better. Even though it's very volatile, it's clear from Bitcoin's history that so far the price always bounces back up and rises even higher than before eventually, so it's a good long-term investment. It's way better than gold because you can actually profit very impressively from it. 
Bitcoin and gold two both are very much popular and worthy for investment but gold is better than Bitcoin because Bitcoin fully virtual and decentralized in nature. It cannot be controlled by governments and central bank. On the others hand gold a complete valuable metals and can be used as liquidity pool of central banks.
If Bitcoin and Gold are very valuable investment tools, why do we have to choose. It would be great if investing in both, so the profit generated
should be maximized. But if anyone wants to choose between Bitcoin and Gold is also not wrong. Actually it depends on each person's research
on Bitcoin and Gold, whatever choice I think is equally good. What is wrong if we decide not to invest in Bitcoin or Gold.
if it is in accordance with your wishes, of course it certainly requires a lot of funds to be able to invest in both. because if there is a choice then of course we must consider it as well as possible. If for an investment that is not a big risk, of course we will decide on gold with an insignificant increase in risk. but if you want an investment with a very significant value, of course we will choose bitcoin but with no small risk, if you do the wrong analysis because the very large price difference can make an invaluable loss, but if we are patient and can analyze it well then the benefits are extraordinary.should be maximized. But if anyone wants to choose between Bitcoin and Gold is also not wrong. Actually it depends on each person's research
on Bitcoin and Gold, whatever choice I think is equally good. What is wrong if we decide not to invest in Bitcoin or Gold.
Indeed, I admit that we need a large amount of funds if we want to invest in Bitcoin and Gold, because if we have a little capital it is more effective
to choose one. But if I had to choose I would choose to invest in Bitcoin, although it has a higher risk than Gold. I believe that the profit that Bitcoin
can provide can be higher when compared to the profit provided by Gold. Because the risk of investing in Bitcoin is very high, we really have to do
the analysis well. In order to buy at the right time, don't let us buy Bitcoin when the price is at its peak.
Gold's non-renewability is it's own way to limit it's supply. Although of course people will recycle gold through different means in order to preserve its value and keep its relevance to the masses. Bitcoin doesn't have this feature, because every bitcoin is purely identical to another, and cannot be reforged into something else, but that makes it so that every bitcoin you own is secured and is only up to its user's hands to spend or waste.
Bitcoin if you're looking for a higher return on your capital.
Of course investing in bitcoin is much more valuable than buying gold. If anyone has invested in Bitcoin at the beginning of the year, he has benefited a lot at the present time. Jump to: