Topic: Bitcoin or Gold - page 3. (Read 2316 times)

 Considering that Bitcoin is something that fluctuates and of course there is no accurate prediction in predicting Bitcoin in the next few years, but having a positive nature towards Bitcoin's progress in the next period is not a problem, because everyone also wants a relatively better bullrun change in the increase is the dream of every investor in order to maximize profits from the assets that have been stored.

Each person can certainly determine their choice when they want to invest in both assets because in general they have provided a fairly clear picture through life and also through history in the past. And people who prefer large profits, of course the more appropriate choice is Bitcoin because the price increase is always much more significant in Bitcoin, while gold only increases slowly and not in larger amounts every year. So each of us can certainly see for ourselves and choose for ourselves what we like based on taste.

well, for the long term, I would also choose bitcoin, especially when my assets are quite large. After all, we can see the development of bitcoin from 10 years ago to now. The price development is truly extraordinary. Gold has also increased, but not as well as bitcoin.
However, if OP wants a safe investment, maybe gold is suitable for him. However, if he wants a slightly risky investment, then bitcoin is the choice.

Looking at past results in Bitcoin we may say that in the next 10 years or 20 years, Bitcoin will be 3x or 10x the current price. Yes, it is good to be positive but we should always have it in mind that we cannot predict what will happen in the future. 3x and 10x are realistic but the opposite can also happen where Bitcoin might experience a huge dip. I am only saying here that the market is on two sides the bull and the bear. While expecting the bull season we should also have it in mind that the bear season can come at any time.

 So far Bitcoin tends to make such significant changes that make everyone or Investors who are more interested in continuing to be in Bitcoin, we think Bitcoin will tend to make interesting speculations especially for those who make their Investments in the long term, Bitcoin will always be positive among people who understand and are aware of Bitcoin.

Wise investors will continue to see Bitcoin by collaborating their opinions on the progress of Bitcoin, and Bitcoin is very active to be Invested, most Investors get profit from their investment we think this will always be beneficial for those who know about Bitcoin.

Simply put, people can see both of them differently and if people don't want to be involved in risk then gold is the right choice. But when it comes to profit then bitcoin is a much better choice to invest in. Before both become choices, people should recognize what kind of investment they want to run so that they have an idea when they want to start. Gold does look more stable but if invested in a small amount you will not get maximum profit.

The opposite is true with bitcoin, but the advantages in bitcoin can be accumulated in any amount depending on our financial capabilities. Bitcoin is also safer and more open if we really understand it because the investment we run does not require a third party.

If bitcoin was able to make a lot of progress within 10 or 20 years, then how much more in the next possible years to come. Do not just do the computation, but make a final move. While bitcoin is a good and safe haven investment, bitcoin is more than that. You'll definitely become extremely rich if you know how to make advantage every opportunity that comes.

Of course, the emphasis is that since BTC is not even close to being a mature asset and also since BTC is right around 1,000x better than gold but ONLY 1/15th the price (market cap) of gold, then that means that bitcoin has a whole hell-of-a-lot of upside potential as compared to gold. 

Surely there are many folks who consider bitcoin and gold to serve similar purposes in regards to hedging against the irresponsible practices of various dollar/fiat based currency systems.... so in that regard, bitcoin is not ONLY a substitute to gold but a superior substitute to gold, and so there is hardly any reason to hold any gold apart from some potentially marginal use-cases and situations in which bitcoin would not cover such situation.. .. so perhaps within the whole sound money category somewhere in the ballpark of 95% bitcoin / 5% gold could be somewhat justifiable in terms of the sound money component of anyone's investment portfolio.  I barely consider even 5% the size of the bitcoin holding to be kept in gold to be warranted, but 5% would not be unreasonable.   

As far as an overall investment portfolio, I see no problem that beginners might start with just bitcoin and cash, yet surely at some point if they might be diversifying or if they already come to bitcoin with an already diversified portfolio, then maybe their initial allocation into bitcoin might be somewhere between 5% and 25%, yet if bitcoin is outgrowing the other assets with the passage of time, I believe that there is not necessarily any need to reallocate bitcoin into other assets, and so there probably would not be any problem (and it may well be preferable) to just continue to let the winner (presumptively bitcoin) ride without engaging in any considerable amounts of reallocation into assets that perform less well such as properties, stocks, bonds, commodities and cash/cash equivalents.


Your statement that I bolded above is retarded.  Gold is not growing relative to bitcoin, especially over the past 10-ish years.. Yeah, bitcoin has a bit of an unfair advantage because it is still a growing asset, but still there is no advantage and/or need to invest in gold if you are investing in bitcoin, and so it is even more dumb to suggest that any allocation to gold should be higher than bitcoin, if anything gold should either not exist in a modern investment portfolio that has bitcoin or it would ONLY at most be around 5% the size or the bitcoin holdings..

In the past 15 years, perhaps gold has somewhat held its own in comparison to cash, but we should already realize that cash is ongoingly losing value, and even if the debasement of various fiat currencies was not as great 5-15 years ago, in the past 4 years, (ever since early 2020), we should have had seen even a more accelerated rate of the debasement of various fiat currencies... and so yeah, gold is supposed to be a hedge against that, but bitcoin is even a better hedge since bitcoin has an unfair advantage of still being in its early stages of adoption.

The accuracy of what you say may be a bit shaky but I'm sure what you say is based on assumptions. The value of Bitcoin can rise sharply and it can be chosen as an investment. It is important to more prioritize the growth of real assets. Investing in Bitcoin can give you huge profits but you need to be interested in long-term investment so that you can hold for a cycle or two. Real assets such as Gold is also a valuable asset whose value continues to increase at an ever-increasing rate and may increase in value in the future but is a stable and more guaranteed asset of its own.

Investing in Bitcoin can be the second highest investment you can make with regular deposits from disposable income every month and long-term regardless of value.

With every passing day, more and more investments are coming into BTC and due to the involvement of the major institutions/ players BTC is solidifying its place further.
I was implying that we might not see a sharp pump in the BTC because of the current price as we saw in the past cycles. I was saying that it is advisable to diversify your portfolio i.e., buying stocks, property, mobile assets etc. I am not saying that a person should sell all his Bitcoin at the pump and buy gold. With the devaluation of money and the threats of global recession, it is better to put your profit or savings in gold rather than $. So that you have something valuable for the rainy days. I agree that BTC is not a mature asset yet and will take a few years to reach that status as BTC is the future.

You are going to have fun staying poor if you really believe that bitcoin is even close to its top, or that bitcoin is a mature asset, and it seems that you don't understand bitcoin very well.. which seems kind of strange, participating in a bitcoin forum and all of that.. and even a forum member for a year longer than me.

You have all of these years exposed to bitcoin and you still don't understand it?

Were you saying the same thing in 2015 (prior to the 2017 run-up)  or in 2019 (prior to the 2021 run up)?

You do realize that more and more capital is coming into bitcoin and from bigger players, too?

I will agree with you that the degree of the pumps (in terms of percentages) are likely to continue to be smaller and smaller with the passage of time, yet surely $200k is not out of the question for this cycle, even though surely we are also not guaranteed to either get to $100k or even to go back to our current ATH of $73,794..

Yet at the same time, it is likely to have a certain amount of bitcoin so that you are prepared for the various upside scenarios that could play out.. that is called an upside asymmetric bet.... in which the most you can lose is 100% and yeah, you don't seem to agree with there being any decent probability of some of the various upside scenarios.

Regarding several other guys sugesting that gold is any kind of meaningful place to hold value, that is likely questionable, surely many folks understand the demonetization of silver and the same is happening with gold, and where do you think that demonetized value is going?  Sure it is going into various assets like properties and equities and even other commodities to some extent.. yet.. in terms of an efficient place to store value.. there should be some needs for any of you guys to recognize the value of bitcoin, including going beyond the mere pumpamentals even though pumpamentals are a part of bitcoin since it happens to still be in quite early adoption phases.. and yeah, sure it is possible that bitcoin might get petered out.. but anyone failing/refusing to sufficiently stock up on bitcoin is likely doing themselves more of a disservice than anyone else,

and there is not even any need to go outrageous on your stocking/stacking of bitcoin. and you might choose anywhere between 5% and 25% of your investment portfolio in bitcoin and that might be sufficient.. Of course a brand new investor does not have an investment portfolio, so sure he might have to start out investing into bitcoin with just bitcoin and cash..  .. but yeah, there is hardly any need for gold.. unless you happen to live in a region where there is already a gold infrastructure.. yet even then, gold is not going to continue to survive or strive as a monetary instrument.. and bitcoin will continue to eat its lunch... choose your allocation level, and no one is going to rescue you if you choose wrong or you underallocate to bitcoin, including some of the short-sighted ideas as if it were a 50/50 allocation for bitcoin and gold when maybe 90/10 might be more in the ballpark and even that might be too large of a gold allocation relative to bitcoin.

I would say both. Gold is an excellent store of value and BTC has high ROI. I think you should invest in BTC, make a profit, and store the profit amount in Gold. Over the years BTC's performance has been exceptional, but I am not expecting a sharp rise in the BTC price in future as the price has already gone up and the majority of the retail investors lacked many funds to invest in BTC (pump from $2k to $10k is easy, but a pump from $60k to $200k is highly unlikely).

But currently the gold market is bearish and has been stable for a long time, and currently the Bitcoin market is bullish and is reliable.  If you want to grow your portfolio then definitely get involved in Bitcoin investment, because you will get the most profit if you invest in Bitcoin. So currently it is a deep market if you invest during this period you can be more successful and hold for a long time.  But if you invest in gold, you won't be able to get that much profit.

Why not both? I take you as someone with the capacity to further diversify their assets so you don't have to make the choice, nor do you have to focus your money on a single venture, especially if you're looking to really diversify your shit and invest on assets beyond the cryptocurrency world. I myself do that very thing, these days I match whatever I spent on crypto with a gold buy, and vice versa. I keep that ritual up to inspire me to become more well-rounded as an investor, and at the same time ensure that even when one of these ventures go down the shitbox, I still have the other to rely upon so I don't lose entirely.

Gold's stable but is also consistent, as time goes by you can always expect gold to be increase in value, bitcoin's pretty much the same but the road to get there's a little more tumultous and rocky.

That's right, we should be grateful because we have many options for investing, so that it provides more than one opportunity to seek profit. Many people in my neighborhood prefer to invest in gold, because they just have a good understanding in that matter, it doesn't matter as long as they try to maintain the value of their money in the long term. Actually, there are also those who invest by buying land or property, but the amount is not much, maybe because it takes a long time to release the asset. In my opinion, in terms of ease of transaction, gold and Bitcoin are better choices, but if you look further in terms of security, Bitcoin is a more appropriate choice, because it is quite easy to move. Unlike gold which also has a risk of theft, for example, we realize that every investment always contains risks in it.

Not for everyone to the extent that some people can't understand that its normal for us to deal with a risk is we talk about investment. Also people always go with something could able to give them an assurance and those people doesn't know about bitcoin will just think about that this asset is risky since they only know bitcoin as volatile asset or coin used by scammer but they don't really know its use and how to deal to take advantage then gain from it.

That's why lots of people who doesn't know about bitcoin would choose gold in this option since provably they know that this precious metal is reliable and been tested since they can surely gain something especially that value is appreciating over the time. For us who know bitcoin we are lucky to have two option and we can choose both asset to invest since we will have some great things to have especially if price of those two asset rise in future and for sure we can get most of it especially if we take action and not just talk about that both is good to accumulate.

Precious metals can only save value to the extent of the amount of money you put in them because precious metals do not experience a large increase in price in the same year so that it is still considered suitable only for storing the value of the asset itself and not for expecting more profits in the long term. Because if you want to get more profit with a long-term duration, of course the best choice must still be directed to Bitcoin, not others even though there is a little risk that you need to understand when every money you change into Bitcoin for future investment purposes.

What you said is quite true because gold can still guarantee its price stability in the market even though sometimes there is a slight correction in a fairly small amount. As for Bitcoin, this is an option for people who have the mentality and also have more money in achieving higher profits because they also have to be prepared to face a very high level of price correction in Bitcoin when there are bad moments that can affect the Bitcoin market itself. And for now I am also quite familiar with both (Gold and Bitcoin).

Hell yeah! Given you can have both, why choose one? The OG, the safe bet, the investing grandfather is gold. The wild kid, the highly risky, highly profitable is Bitcoin. Though we sometimes yearn for the rise, we really want stability. That is human nature. Gold helps you to feel calm. Bitcoin? That's your shot at the moon

Smart investors spread their eggs among several baskets. They diversify. They play the game and know how. The economy is continuously shifting. You need to be flexible. This relates to knowing the world, not only with regard to money. It's about knowing your self. It's about surfing the wave and welcome chaos

right, investing in bitcoin is not for everyone, risk takers can invest in cryptocurrency to get high profits, if it's high volatile so profit also can be high,
who seeking without risk guaranteed profits they can choose gold investment, it's stable market. i am familiar with bitcoin investment.

And why the choice is either gold or bitcoin ?
Both assets have their advantages and disadvantages, so they both have the right to be in your “multi-currency investment basket”.
Gold is a fairly guaranteed future with low volatility and stable price growth.
Bitcoin - high volatility, strong speculative movement, a good investment for a long period of time waiting for the next pump and the subsequent scheme “sold at the top, bought back at the bottom”. And part of the profit from this can be invested in gold again