Topic: Bitcoin or Gold? - page 7. (Read 1272 times)

GOLD is an insurance policy, a small amount say 1-2 ounces can carry you over in an emergency, anywhere on earth

BITCOIN is a speculative bubble, a get rich quick vehicle, each have their place.

99% of all great wealth in human history was made in real-estate investment, note the bitcoin by 'definition' is not REAL, its virtual currency back by bullshit

On the other hand, speculative bubbles prove that this shit can go very high, in the tulip mania the tulip went from a nickel, to the value of a fine home; such as now BTC could go to $500k, and then back to 0.01 cent

Enjoy the ride, keep a little gold stashed away for beer money when btc goes back to zero

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'safe' and high-return have always been mutually-exclusive


The bitcoin bullshitters like to tell you that you can have it both with btc, but this is the BIG LIE

Some bullshitters will say btc is the new-gold, other will say btc is the new-fiat; always as if crypto-shit coins were going to rule the world in the future

Just like pet-rocks in the past, or tulips; this mass hysteria of fraud is NOT new; history is full of ponzi scams, this the first one that is taken the world, largely because the internet allows worldwide ponzis to take place

Seems odd, DOD(TCP-IP) created the 'internet', DOD(NSA) created bitcoin, the DOD enabled all the bullshit and criminal activity, largely in the past wars were physical, invade a country and steal their shit,

Today war can be fought from wash-dc where computer geeks can rob the world, without even leaving the city. COVID hysteria demands everybody on earth stay in their home-prison.

Wealth preservation? starts with finding a new domicile where your safe from the insanity, your wealth is secondary to your health & life


[moderator's note: consecutive posts merged]

Bitcoin! Rather than gold because bitcoin is the future of money and can use to many other thing, And It's get more popularity in the world.

I think it depends on the person. If someone likes safe assets, they would invest in gold although they can't earn a bunch. If someone likes high risk high return, then the person will invest in bitcoin. If the bitcoin price increases, they will earn a lot but it is not promised. About whether gold will be tokenized or not, I think many things in the world will be tokenized in future to avoid property problems so there is a possibility.

I prefer bitcoin for sure. It is a lot easier to sell or buy than gold.

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.

It all depends on the objectives of the investment, acceptable levels of risk and the desired level of return. No matter what anyone says, but gold is an asset with a rich history of use, with established rules for handling the asset and a good regulatory framework on the part of the state, with a bunch of tools such as metal bank accounts. Bitcoin as an asset has a much smaller history and all the tools are just being formed and the prospects are not completely clear, so if you are not a crypto investor and do not like risk much, then gold is better.

It's actually a very difficult question. both are very valuable investment tools. but it wouldn't be right to say one of them is bad. everyone has their own way of risk management. and both of these should be evaluated accordingly. gold does not lose value. But even if bitcoin loses value, it can earn much more in a much shorter time than gold.

Diversifying your investments is a must to maintain financial stability in the long run. Both Bitcoin and Gold are great stores of value, but they're subject to the risks of volatility on the market (especially Bitcoin). Gold is much stable than Bitcoin, but it comes with its downsides. The precious metal isn't portable enough to be hidden from plain sight (unlike Bitcoin). You can store hundreds, thousands, or even millions of dollars worth of Bitcoin in a very small piece of paper without bringing unwanted attention. With Gold you're going to have to rely on a third party to move all of your physical bullion in a secure manner. Millions of dollars worth of Gold in a physical form would not be easy to carry anywhere. Still, people seem to trust Gold more than Bitcoin because its been "on the scene" for a very long time. Bitcoin is similar to Gold but the loss of Internet access, prevents people from using it during a crisis. It's always important to keep in mind both assets' advantages and disadvantages in order to determine what's right for your financial future. As long as you're able to remain financially stable, nothing else matters.

Nonetheless, it's a good idea to "hodl" both Bitcoin and Gold for the long term. Fiat will eventually decline as governments print more money than they could chew. What better way to secure your financial future than investing on both Bitcoin and Gold? I envision both Bitcoin and Gold living alongside each other for many generations. Just my opinion

     Although bitcoin wasn't meant or made to be something that can be a store of value(someway similar to gold), I still think that aince it has come to this already, I am betting on bitcoin more than gold. This is because even with gold being scarce which is the reason for its value, it has no finite number while bitcoin on the other hand has. But of course, the thing that people always say is good about gold, is its trait of being physically present is truly a plus for it. But even so, with bitcoin being the way it is, the people and companies being drawn and are already indulged in it are credible enough and have huge names that are well-know almost everywhere and not just in this industry. Plus, we are getting more and more advanced it is only natural that our ways of spending, earning and keeping our assets alao change for the better. Which is explains why I really favor bitcoin today compared to gold.

You cannot compare these two financial instruments. Gold has long been used by mankind for savings or protection from inflation. Bitcoin is, in comparison with gold, a novelty that many have not tried, they do not understand at all what it is. People know too little about bitcoin that it will become ubiquitous, however, as the number of people understanding the blockchain grows, its popularity and value will increase, as well as the demand for it as "digital gold" will be quite expected in the future no matter what.

Talking about investment we all know bitcoin is much more better than gold in the aspect of investment, the Rio it gives due to its price volatility is much more higher than gold, tho people will say there are risk involved , but crypto is based on risk and reward, minimize your lose and maximize your profit! Buying low and selling high is key. For me I choose bitcoin over gold, bitcoin is seen as digital gold and is more  preferred than gold in terms of investment, tho gold market cap is much more higher than bitcoin this is because gold has been in existence for long before the invention of bitcoin, but I think with time bitcoin will actually get there too.

I think bitcoin has the potentials to replace gold as a means of investment, because the demanded for bitcoin increases on the daily and its a medium of payment too

Choose both to hedge risk and diversify your portfolio. Crypto is so risky that when holding gold we can guarantee a withdrawal from either investment without worrying about a huge loss if a downtrend happens. I went through a downtrend so I understand how it affects crypto when we keep all of our money in crypto.

Both are precious to me. The price is not slightly than one. Gold is as ancestral and its price fluctuates but it is not very rapidly. On the other arrow, not so in the case of Bitcoin. It goes up and down very fast and it costs a lot. But periodically it goes down a lot. So nothing can be undervalued.

for the long term and the safest and small risk of gold is the answer because its value is stable and has increased even though very little. but for the long term and can be processed to generate profit, bitcoin is the choice, although sometimes there is a risk if we cannot process bitcoin properly. well from that answer you can judge where we can choose between gold or bitcoin.

- Gold for storage is an idea that I often hear shared by a lot of people outside of society while the ideas towards bitcoin are just short-term opportunities, in other words, the long-term storage is relatively difficult due to the fast and insecure volatilization of the product. Choosing both to create a compensation is also an idea, but capitalization and opportunities will also be significantly reduced, so if we decided to store, prioritizing gold would be optimal but if we liked technological advancement and ideal returns, bitcoin would be a good environment.

I think investing in either of them is a wise choice. Bitcoin has much more risks than gold but you can make much bigger profit compared to gold in the long run. For now gold's market cap is 11 trillion dollars while Bitcoin's is 926 million dollars. But I think it's very likely to see Bitcoin's market cap becoming bigger than gold's in the future. There is no need for Bitcoin to replace gold. I think that it will always be people's choice to invest in one of them or both.

Both of them are very valuable assets and of recent, Bitcoin is performing far better than later. On the long run, I am of the opinion that the status quo will be the same

Hello everybody. With all my boundless respect for gold, I think at this stage, as a dividend receipt, the primacy is held by "digital gold". But proceeding from the idea that it is necessary to hedge risks, I will keep the savings in both Bitcoin and gold. But whether my choice is correct - only time can give an answer.

I have both of two assets, bitcoin in the form of unspent UTXO controlled by my wallets  and the  physical gold in the form of 1-ounce SUICCE bars. Such my choice is stemmed from my assumption that they are not going to get hit at the same time thereby  my BTC and golden bars are backing each other in some ways. The only problem I see with the bars is that they need a  room to store. I don't trust banks to store my gold bars.