Topic: Bitcoin or Gold - page 5. (Read 2335 times)

I am with you halfway, and as things unfold between Bitcoin and Gold, I think it's no longer appropriate to be using some certainty remarks because no one knows what will happen. In the next 10 years, what if Bitcoin is still at $65,000, what would you do? I think it's time we accept the reality of the crypto market. Now that Bitcoin is in the mainstream of the financial market where institutions have a sizable holding, it will behave more like a sane market unlike the old times when it could be moving more than 20 times in just 2 years, those movements are crazy, they are no more feasible.

But you are right about it being a better investment than Gold (HODLing), the compression of Gold will always be an issue for it, and it will not be as worth it to own. They do that to avoid the inflation that could be caused by it. Nevertheless, one can still profit well from its trading, you may set the parameters well to the point that it will reduce your risk and will still increase your gains. But be warned, if you are doing this, ensure you opt for the brokers with swap-free accounts, or else, the rollover charges will frustrate you.

I choose Bitcoin, Bitcoin growth is more than Gold and right now is more valuable, Gold can remain at same price without increase for years but Bitcoin has the capacity to increase in price always.
Bitcoin is more easy to carry about but Gold is not, people can easily notice.
Bitcoin is the best and one of the best investment in the world right now.

Both of them are good for either the long or short term and you're right that someone's plan will determine how profitable they will be. There are a lot of these comparisons in charts about someone's asset in Bitcoin and gold and which is more profitable. Of course, those OGs of gold investing have been profitable all of their lives since it's been the medium of exchange since ancient times. But come near and look at how Bitcoin has revolutionized it and how it has shown to the world that volatility shouldn't be scary to take along with risks that it has.

Currently, rich people who have more money and have large incomes have chosen both as their future investments by no longer keeping money in their safes except for spare money for living and expenses when they are sick. Because as you said, almost everyone wants to have greater profits through their investments and also wants to save assets that do not experience inflation such as gold, so it would be quite appropriate if rich people choose both as their current and future investment assets.

If we look at the overall percentage of risk and potential profit are quite balanced in these two investment options.
Gold has quite good stability and even its price increases slightly over a long period of time while Bitcoin has quite fast and significant movements.
So between these two options I think we should choose the type of investment according to our wishes, if we want profit in the future of course Bitcoin is the choice but if you just want to save it without taking risks then it is better to choose to invest in gold.

Whether you invest in either gold or bitcoin, your holdings will dictate your profits. If you plan to invest Bitcoin in the right market in the right conditions and hold it for a long time then I can definitely say that you will be more profitable than gold. On the other hand, if you do not have the courage to plan for long-term holding, then you can invest in gold without taking risk, in this case you will be completely risk free and give 100% guarantee of getting a steady profit in the future.

Both Bitcoin and gold are fungible means each unit is interchangeable with another of equal value. Bitcoin as a digital asset is a lot faster than gold as transactions are quick to process and even transferred globally. However, gold often needs to be melted or cut just to verify that there's no element added, tungsten I believe, that requires physical labor and secure storage while Bitcoin as part of blockchain technology it is easy to verify if the fund is there or not. Historically, gold has always been a safe-haven asset and always appreciated during uncertain time, during the Covid pandemic, gold did skyrocket but price dropped as our economies slowly recovered, while bitcoin's value wasn't falling alongside stock values during the pandemic until the new normal.

Gold is favorable in terms of stability and low correlation with traditional financial assets, make it a candidate for risk management and diversification. Bitcoin, with high growth potential and being unpredictable, appeals to investors with high risk tolerance. On the other hand, it's very unlikely that all investors will choose between Bitcoin and Gold instead combining both assets offers a balance approach in investing, Gold's stability and Bitcoins for high returns, making it a clutch however crisis and situation we get.

I don't?  😜

well, when we have the opportunity to take advantage of both, then it is best to choose both as investment tools. However, depending on the circumstances, if we are currently trying to increase the assets we have quickly for business development, then it would be better to choose bitcoin, it's just that the risk is greater. However, if you want a long-term investment without having to bother thinking about it all the time, then it's gold. We know that the potential for gold development can be seen over a period of more than 10 years. So, if you want an investment that has very little risk, and a long-term investment, then the answer is gold.

You will not carry gold with you, but you can wear some gold jewelry, and a small part of the gold will always be with you. Also, you don’t carry all your bitcoins with you (I mean a hardware wallet that contains all the bitcoins), you probably don’t even carry a few satoshis with you in your mobile wallet, and only make transactions when necessary, so this is not the best comparison. Gold and Bitcoin are good investments, but perhaps Bitcoin requires more understanding of the market than gold, in the long run the price will rise for both assets and if you are prone to strong feelings if the price of an asset falls, then invest less in Bitcoin because it can lose -70% or more in bear markets.

Two different names but on the other hand it is a profitable investment from both, it all comes back to how they or someone keeps it because both have risks when owning both because the selling value is relatively high and both are worth having, it's not a question of which is more profitable but  if you have both it will be much better than having to choose which is better, to be honest I have a little of both because I think they both have their own value which is what makes me want to have both.

Gold and Bitcoin are both long-term investments. Whether you invest in gold or bitcoin you need to hold for a long term, if you can't hold for a long time you won't make much profit. Now in terms of risk, gold is better than bitcoin, there is no risk in gold. If you think in terms of profit, you can earn more profit by investing in bitcoin than gold. Now see where you want to invest your money. Don't invest on someone else's advice.

Between bitcoin and gold I will choose bitcoin because if you invest in bitcoin at the right time and wait you can get multiple profit. But I don't have much idea about how much profit you can get by investing in gold so I favor bitcoin to invest. But  If someone thinks to invest in Bitcoin for a short period of time, it can be a big fool for him. To invest in gold, we need to think a lot before investing. Because investing in gold cannot be sold at any time and there are many difficulties.  I think there may be. If we invest in Bitcoin, we can sell at any time and enjoy many benefits.

From these two things, of course everyone has realized that Bitcoin and gold, both assets, can be used as investments for their future and as you said, it is very likely that gold has already been used by someone as an asset that they invest in and now we all have know Bitcoin well and some people have made this asset an investment for their future like previous people invested in gold.

I agree with you that to be able to store Bitcoin assets we only need to have a wallet and must maintain the passkey properly so that we can still access these assets and it is very different from gold of course we have to really look after it because gold is an asset that has a quantity based on its price and this will makes it difficult for us to maintain it.

Bitcoin is the best investment if you have to invest at this time because Bitcoin is going dip now. But I think that for some time bitcoin is best, people get little benefit by investing in gold. But Bitcoin is the best to get more profit, but if you invest now in this dip market then you can get one to two times profit in just few days.  
But if you want to earn long term by investing in gold then it will never be possible, because it is possible to get more benefits by investing in Bitcoin only.

It seems you are very rich to invest in Gold so I will advice you to invest in Both. One is a physical asset and the other is a digital asset and both of them have great potential in the long run. Thye shouldn't be neglected as long as the money is available to invest in them. If you just have the money to invest in one of them makes you want to know which one you will be investing in because I won't advice you to take opinions from others. It is your investment and you alone will be responsible if anything goes wrong. The consequences will be yours to bear. Check your financial strength and know the one you are willing to keep for long.

Well, if you are investing in both, the more massive its profits will be. However, its undeniable that bitcoin is highly more profitable than gold most especially if you start investing with a potential amount. Just by hodling it a year or two, you will already experience exceptional gains. Bitcoin is also profitable, but it can never beat the potentials of bitcoin. So it's better if you invest in bitcoin first and when you're already gaining good returns, you can add some gold into your portfolio.

There's something called digital gold and some other gold's digital forks (just a random terminology), so here we go with our topic that in today's digital era even if you want to hold gold digitally its possible but keep in mind that's not real gold it's just a figure. Bitcoin is the best because we are way too early in Bitcoin compared to the gold, the Bitcoin is about to unleash its new potential in the near future, and your investment with significant risk has much more potential.

Although both are valuable assets, there are significant differences between them. Gold has been regarded as a precious resource by humans since ancient times but with the change of eras there has been a great change in the needs and preferences of humans. Nowadays people give more priority to bitcoin than gold. Because they can't give maximum security even if they want in case of gold. Due to physical existence of gold, it is not portable. On one cannot hide it. But Bitcoin is an asset that is not a problem when kept in a wallet. If there is good security then there is good advantage using Bitcoin.

If you are afraid, why not divide the money and do it half-half. Diversification of investment is the best thing, Gold might be less attractive with profits but Bitcoin isn't perfect too especially when you buy it at the top, you will need to wait for years probably in another cycle before you can exit or break even on your investment and if the market is bullish, you can then make more profits by power virtual of holding but you never can tell what Gold might turn later.

Another thing you should know is that Bitcoin really need to make $120k before you will make 2x of your investment. Bitcoin might also be slow like Gold who knows unless you have a huge investment to make. I mean you will only make $100 on your $100 dollar investment by the time Bitcoin achieve $120k, $1k for $1k investment, $10k for $10k investment, hope you understand my points.