Topic: [Bitcoin or Gold] choose correctly (Read 955 times)

It's always a fact that investment and trades are having their own risks factors, so things are never been easy to stay on same level with bitcoin is more risky but having more profit as well with Gold is having risk but not as we have in other things so just because of this most of the peoples are trying to stay with this because they feel comfortable and having things well under control but due to physical presence we are not well satisfied with Gold because in many places it's presence is always risky.

In Bitcoin's case, we are having risk of volatility but still it's much safer and better as we need to keep wallet secure even this need some better understanding because without this we are not able to handle this risk factors are always high so need to go through with better understanding and skills because situation has never been easy for all to handle this.

Everything has risk, including gold or real estate because the future is unpredictable, anything can happen. If humanity suddenly discovers a large amount of gold on earth, causing the supply to become surplus, it is not surprising that the price of gold drops. Or if the country has a war or worse, a natural disaster occurs, our real estate investments will also become worthless...But if compared, it is clear that bitcoin has a much greater risk because it is a virtual asset, still too new, and has not yet received legality and recognition worldwide.

And everything is proportional to each other, low risk will bring low profit, high risk will bring high profit. Therefore, we need to analyze and understand each type of asset before making a choice.

There is no person in the world who is not fascinated by beauty.  It is a natural thing that everyone will be attracted to a beautiful person or a beautiful object.  When a person wears ornaments made of gold, his beauty will undoubtedly increase several times.  But whenever the investment comes up, we will look more at Bitcoin than gold.  Because gold cannot be read by anyone at any time.  It must be safe.  When you go out with your gold jewelry, there is a risk of it being stolen. But Bitcoin is a completely decentralizad institution if you have the seed phrase.  No one knows what you are but you.  But it's also worth noting that Bitcoin grows at a much higher rate than gold.  It goes without saying that Bitcoin plays a multi-faceted role.  And gold only enhances wealth and in some cases beauty.  Gold is a profitable concept very old.  But Bitcoin is a modern and much more profitable concept than gold.

Everyone here should be around at least 7 years or longer, at least in my case and I do see a lot of members here also in similar time frames as during that time, Bitcoin is at the end of it's bull run. So with that said, for sure we have been here for the longest time and we have seen what Bitcoin can bring to us, the benefits along with it as we have profited big already.

No doubt about Gold, but perhaps it's not for everyone. Nothing against those gold bugs, we respect them, but we do hope that they will also respect Bitcoin market, or for  win-win situation, why not just have the best of Gold and Bitcoin in our portfolio, the very definition of diversification.

I think every investment certainly has a level of risk in it and it is very unlikely that there is an investment that does not have a risk that can be easily done, therefore it is very important for everyone who wants to start investing to first understand the risk of the investment they are running and if you say gold is not risky, of course that is very wrong because we also have to take good care of the asset so that it remains safe as well as the Bitcoin that we have invested, we must also be able to keep the wallet key well so that we can access it again when we want to take it and in terms of profit, of course this will be very different and it really depends on the skills and also the amount we invest so that we can make a profit in investing.

I have been with Bitcoin for a long time so I believe in Bitcoin, and it has the most benefits and if you invest in Bitcoin you have the most success in profiting and growing.  That's why I prefer Bitcoin to the exclusion of Gold because Bitcoin has the greatest desire to be profitable. But the price of gold is the most dumping from the market and takes a long time to rise. Holding gold is the riskiest as it has the highest probability of being robbed. Because in the area where I live, the banks are not safe and the surrounding clans are the most dangerous, so holding bitcoins is safer for me than holding gold.  I say this considering my side, because if I hold bitcoins no one will know about it and it will be secret I will be successful in holding it for a long time.

If I had to choose between Bitcoin and gold I would definitely prefer Bitcoin. However, for many people, gold will be preferred and in this case, investing in gold certainly does not have any risk, but in terms of profit, it will not be as much as Bitcoin. And when losses occur, bitcoins lose hundreds of times more than gold.  Therefore, before choosing Bitcoin, you must understand the risks.

It’s very easy today for those of us in the forum to make that decision on either Bitcoin is a more profitable investment when paired with good. These two are commodities of value but, one has its value pegged by a central authority.
The perception people would have about gold always sterns from the government. These regulations creates a precedent for the commodity which makes it a secured investment for the lots of people that invests with it but, not as much as we can find in Bitcoin.
Bitcoin is rewarding even to the smallest units of it.
With most of the world’s populace still being skeptical on investing, it means, there is a lot for Bitcoin in the coming years to invest now.

Can we let the comparison between Bitcoin and Gold rest? I've concluded that the two are useful, it depends on how we use them. We should however use them the way we know is best useful for us to make money and secure our investment. No one would trade/invest in Gold reasonably and lose, the same goes for Bitcoin, enough of this comparison, it's noise.

And the price of Gold is not valuable despite having such a value you mentioned which Bitcoin can't do? After all, from what you said, it could be reasonably deduced that Gold has enormous use both online and offline, but what is the offline use of Bitcoin?

When I hear about Gold also, it is investment, trading and values like saving etc that come to my mind, so what are you trying to prove? Come off it bro, both are valuable and can do almost the same thing, except for Bitcoin which can't function offline.

It should be easy to understand Bitcoin and Gold and it is a common thing that many people think about in determining economic factors that want to improve, these two objects clearly have unequal differences and one is physical which can be touched and the other cannot be touched. touch.

Because we live in the real world and the internet is a facility used by humans, there are definitely different understandings.
• Bitcoin buying and selling value is good for boosting people's economy, but that's the internet route to get all that, Of course there are risks, in that case, the internet will not always run smoothly and be affordable for everyone. Before prioritizing Bitcoin as a long-term investment method, we must think about the effects of its access first and in the future, because Bitcoin is also money, but as a short term method it doesn't matter for Bitcoin.

• Gold, the general public knows its uses and also how to buy or sell it, even though the value of gold does not move the same as Bitcoin, gold is a thing that has been needed and has value from the past until now, and besides, gold does not need the internet to be able to get it, you can go to the market and buy or sell, the risk of loss or access is not the same as Bitcoin, so both have good value for society's economy, it's just different ways to get or sell it.

Exactly. People invest to find sustainable and impressive profits, and I think with bitcoin, it’s highly possible. However, with gold, it’s a profitable investment if you purchase a huge amount, but if it’s just small scale,  I don’t think it will be as profitable like bitcoin. So it’s not surprising that a lot of us prefer to invest in bitcoin wishing that one day, we will eventually become rich from long term hodling through DCA. With gold, the risk is lower than bitcoin, that’s why its returns are also quite lesser than bitcoin.

That's right, we choose bitcoin instead of gold simply because it brings better profits than gold, this is the top reason but not many people dare to admit and mention it  .

And as I said before, those of us who have criticized or despised gold, but eventually when we make a lot of money on bitcoin, we no longer want to take the risk, we will go back to gold. The role of gold and its potential are not inferior to bitcoin, it's not that we don't need it or don't want it, it's just that the time has not come for us to need it.

We compare the two to make the right choice for our current situation, not criticize one and praise the other.

Even you invest $100 in Bitcoin, it doesn't give you much benefit.

If you think it's need $500K to invest in gold, I'd say it's need $10K if you want to invest in Bitcoin.

Gold is like an end game investment for me, when you already have a lot money and you can't take anymore risk, so you buy gold just to hedge against inflation, not looking to earn anymore.

While Bitcoin right now still has a good potential to earn decent return with high security.

gold is investment for the already rich guy, the average joe won't benefit much from investing in gold with $100 worth of gold .

this is why i pick bitcoin over gold, just overall better opportunity to make money and also faster to grow too for the little guy like us, you should only thinking about investing in gold if your worth is $500k++ because only then we can talk about inflation crushing your asset. but lesser than that, I don't think investing in gold will be that much beneficial unless you really fancy the small return that gold offer which isn't really for me.

so I will choose bitcoin.

When I first invested in Bitcoin, the first model for its final price was based on Gold Capitalisation.
Despite Bitcoin's current lag in one key aspect, I believe Bitcoin has the potential to be a superior store of value compared to Gold.
Gold has been a valuable store of Value for more than 4,000 Years in the history of human civilisation.
After 14 years of work, the story accumulated hints that Bitcoin might be a better reserve than gold, yet many challenges must be faced to fully demonstrate that.  For sure things happen so much quicker than 4,000 years ago, so hopefully a short time is required

I think both investments have their own positives  and negatives. Mostly millionaires and billionaires are from bitcoin. The reason is bitcoin is the only fast way to become a rich person, if a person think that he will be billionaire in future by investment in bitcoin, he is right. That is possible, in last few years we saw many people who buy bitcoin at low price and then bitcoin price pump and market condition change and then they deposit their money and they became millionaires and billionaires. I think if someone want more safety and he want to take small risk and he want to become a millionaire slowly slow, he should go to gold but I am not taking about stocks of gold , I am taking about physical gold which you can touch.

It can be answered by for sure there are supporters on both Gold and Bitcoin. Like in this community, it's obviously that we are going to be pro Bitcoin as we have seen how it help up to have that financial freedom and it has a lot of advantages as compare to the physical Gold and I do not think that majority of us are investing, maybe a few jewelries but that's it.

And it's true, even in pandemic, Bitcoin become a hedge, and we never thought it's possible but we have seen people hedging their wealth on Bitcoin and even some of got their money from their government might have invested on Bitcoin that time and could have make a lot of money due to the timing of the bull run.

This is an eternal debate that can never be answered unequivocally, and maybe it is not necessary, there is an investor for every asset, there is too much money in the world, and I doubt that it will ever happen that one of these assets will have a very large advantage. You are talking about counterfeit gold, but now I often come across mentions of "dirty bytcoins", the reasons for this are well known to everyone, and although I consider this a great stupidity, this also exists. Ideally, I think it would be good if an investor wanted to see both of these assets in his portfolio.

Lot of people with which they had chosen and of course you are correct that not everyone would choose Gold or Bitcoin but it depends on individual likeness and passion, as I know if you have interest for bitcoin then you would go for it while those who loves and values bitcoin would definitely go for it instead of not knowing the one to choose.
There are some people who lose their gold due to the pandemic because of fear of death since death case where increasingly every day and they Will out their some of their possession.

Well both Bitcoin and Gold are fungible and durable. Bitcoin is a lot faster than gold and extremely portable. Gold often needs to be melted or cut just to verify that there's no element added, it's tungsten I believe, while Bitcoin as part of blockchain technology it is easy to verify if the fund is there or it's nonexistent. During the pandemic Covid, gold did skyrocket but price dropped as our economies slowly recovered, while Bitcoin's value wasn't falling alongside stock values during the pandemic, proves that the value of Bitcoin remains even pandemic until the new normal. On the other hand, it's very unlikely that all investors will choose between Bitcoin and Gold but what most likely to happen is that both item will have a place in a portfolio depending on preferences and risk tolerance.

You have said it all, I prefer having Bitcoin to having Gold because gold is physical nature and you have to keep it somewhere to secure it, Gold can’t be kept in a wallet that you will think it’s safe, although it can be kept in a place like banks and other financial institutions when you keep it will remain like that, bitcoin can be kept safe in a wallet that you can be seeing it any time you want and the price of it will be increasing every day, although the both have their price and gold sometimes the price can increase but bitcoin is still the most important thing to hold in terms of price and the value.

We can’t even compare the both together because they are not are the same level, I know that gold is the first one that we all know but when we are talking about the best thing in the world that has value then anything now is bitcoin, I have seen where someone who has gold is selling all his gold to buy bitcoin and I think the person does the right thing because everyone wants the best for themselves.

I think it is the other way around. In the forum, most of us prefer to have Bitcoin instead of gold. But when we haven't heard of Bitcoin yet and we're ignorant of it, for sure we'd choose gold over this thing that exists on the internet.

That's true, Bitcoin is more scarce because just a report January this year said that the total gold supply in 2023 increased 3% y/y as mine supply and recycling both posted growth.

We're used to its volatility and that's why it's easier to have it and less hassle as we keep it through our cold storages.

I never even consider gold as an investment because the APY is too low at best it can combat inflation but that's about it.

with BTC if ever the market cap grow as huge as gold it means your money is growing 16x compared to today, since even the big institutional investors are calling bitcoin a nascent asset this means BTC still has plenty of potential to overtake even the biggest valued stock today which is AAPL and soon catching up with gold.

choose gold if you're too intolerant of risk, then gold is your option, but your money won't grow that much either.

If gold is to be used both as jewelry and a tradable fungible asset then it has to be 24ct gold which is not the most often used quality for everyday jewelry.  Gold can be soft when its pure bullion quality like that even gold coins collected are often 22ct and mixed with copper for durability, some specialist jewlers will provide this on demand but its not the norm to do so.   I prefer coins myself but I like either idea where its a wanted item.

A lot of users on hear in this forum would prefer gold in respect to Bitcoin just because, they wish to stay pro-Bitcoin and don’t like to be looked ag in a different limelight but no, let’s leave sentiments at the side, Bitcoin I more valuable now than we can say for gold and you know why? It’s simply because of its volatility and decentralized nature.

Bitcoin also is a more scares resource than gold. Gold could be discovered at any time and have the market flooded with it but, it’s not the same with Bitcoin. It has a fixed supply and doesn’t have any definite element that regulates its price.
Gold does, it’s price could be regulated by authorities.

I’ll stick with Bitcoin in this eventuality, at least while the volatile nature of it still persists.

We have to go by the choice of what we make base on the understanding of how we get information's concerning it, some never know the difference between what gold could offer from what bitcoin can as well give, there is no doubt we have all been on this for long in using gold for a secured and profitable investment, but things have now changes whereby bitcoin is now the best and most preferrable one to use for this purpose.

Gold has been a good investment from our ancestors, many rich men today do have gold in their houses, it’s been used for fashion and it is also an investment due to its value, choosing gold over Bitcoin is not bad at all but when you compare some advantages, you will see how easy it is to hold Bitcoin instead of gold.

Some of advantages include security issues to avoid theft due to hold been a physical and attractive object that can be stole easily, while Bitcoin is a digital currency that can be hold without anyone knowing or seeing it.
Moreover, you don’t need a third party to sell your Bitcoin, while you need a market to sell your gold which is a bit stressful. Bitcoin can give you huge profit that gold will not give.

Have both or diversify.

I hold gold because I want a more stable asset because this asset will certainly remain valuable and its value continues to rise even though the annual percentage increase is small, it doesn't matter because some people also have the belief that gold is an asset that can maintain its value.

Bitcoin is certainly a hope that can produce more quickly than every cycle [once every 5 years] behind it there is certainly a fluctuating price, for now I will accumulate more bitcoin because the gold that is stored in my opinion is more than enough.

People think bitcoin is better - I agree with that, until whenever the main investment will be in bitcoin.
Gold is only for the convenience of assets and this is also important for me in managing asset management between gold and bitcoin.

No one forces us to choose one or the other, we can own both as long as we can afford it. One thing I just discovered is that we often talk about diversification and think that putting all of our eggs in one basket is very risky and a bad idea. But while we're here to pick bitcoin or gold, that means most people don't diversify their investments and they focus on just one asset. Or they are diversifying with altcoins instead of using an asset unrelated to crypto.

Both have advantages and disadvantages, none is better than the other and the only difference is each of our needs. Those who like stability, gold is the choice, those who like to take risks to seek higher profits, bitcoin is the choice.

What about billionaires still hoarding gold or governments still hoarding gold? I don't think only women like it and gold has many more uses than just making jewelry like you said.

Any asset will have pros and cons. Physical gold is difficult to store and easy to steal, but bitcoin is not completely safe either. Your Bitcoins will also leave you if you accidentally lose your private key/seed phrase or it is also at risk of being stolen by hackers if you don't know how to secure them…It can be said that the safety of our assets depends entirely on us.

Not only do I own bitcoin, but gold is a great option to own as well. I'm trying to diversify assets into just a few options instead of just one, so I guess it's not a bad option if you and many other users have both. Gold is not only a form of jewelry, but gold has good potential to be worth more from year to year. So don't ignore gold if you want to diversify your assets.

Then from that, you don't have to have physical gold if you really want to invest in gold. There are many trading platforms that you can use that can help you control and manage your investment assets wherever you travel. I know physical gold is much more at risk of physical violence due to the heinous behavior of robbers, so the safe choice is digital gold.

Gold will be the choice of many women because this item can be a beautiful jewelry with the clothes they wear then gold has a stable value, people think gold is safe but that's their mindset including my own wife likes gold and invested some money in it.

However, my own choice is not gold which is clearly bitcoin, I have seen the statistics of the movement of the 10-year ROI increase between gold and bitcoin that is much different.

If you invest a lot of money in gold there is a physical item that is held then this will be vulnerable for you especially now that there are many cases of robbery even though you store it somewhere safe the sense of anxiety will always be there.

Unlike bitcoin, you don't even need to mention having bitcoin because it's only yourself who knows what it means to keep it secret, bitcoin is more flexible, wherever you go you still have access because it's a digital asset.

Why choose? I take both.

The topic has been discussed many times before, the point is that both are different asset classes and both have their own pros and cons making it an apples vs oranges argument.

Gold is easy to buy/sell anywhere, difficult to carry. Bitcoin is difficult to buy/sell "anywhere" but easy to carry.
Gold does not need much technical know-how but for bitcoin you need some of it.

This is definitely something that we can all agree on, because it is definitely what people are doing as well. To attain more wealth, you need something that can grow faster, and bitcoin sure can grow faster than gold, it might be riskier investment too, but it can surely go faster.

However, if we are talking about someone already rich, then they do not have to take that risk, they do not have to worry about getting richer, so its smarter for them to get gold.

I believe that the best thing we can probably do at this point would be just focusing on which one we are. I am personally not rich at all, not even close, quite poor really, even investing into bitcoin and bitcoin going 100x won't make me "rich", would help me a lot of course, but that is not what rich is, I won't be able to quit my job for example.

However, that is still what I need, best chance I have, gold is nothing but boring small upticks for me and I do not need them at all, won't help me a bit. This is why I rather deal with what we have right now, and don't really consider that gold would be fine, bitcoin is far better for me. Plus, there are other coins too, so I dabble with some of those other ones to help me as well.

If one would have to choose from those, i don't get why wouldn't everyone in here automatically pick bitcoin. I mean it's not like we are in goldtalk forum or something.
And even though i see bitcoin's future more uncertain then gold, i would pick btc without a question. Try to smuggle that gold if you need to flee the country and see what the airport security says when you go trough the metal detector with a bag of gold. But when you are going trough with bitcoin key, it doesn't weigh anything and be cashed out pretty much everywhere and fast, unlike gold.

You don't even need to carry usb stick. Just divide the key into parts and use some secure places in the net to store them seperately.

For sevral reasons, I would always choose Bitcoin over Gold for investment or savings. As a man, I find it pointless to wear or own gold for any purpose, unlike many who use it to show off their wealth, such as wearing golden watches or clothes to impress others, which seems useless and even unfashionable.

If I were to earn and own a significant amount of money, ngl I might consider owning some gold for savings. Some users here suggest silver as a better option over gold, following Bitcoin. Personally, I believe that smart people will prioritize Bitcoin as their top choice with the majority of their savings invested in it.

Gold lacks security during times of war, for example having a significant quantity of it can even put one's life in risk if others noticed or saw you with that valuable quantity of gold while it is war. Bitcoin on the other hand is not traceable, as no one would know you possess that much of it, allowing for safe and easy transactions all over the world, even if you change a country, you can either buy stuff with it, or exchange it for local currencies.


Apart from comparing it to things that existed centuries before Bitcoin, IMO, this cryptocurrency stands out as the greatest innovation of this century. Bitcoin and crypto, in general are revolutionizing and positively impacting people's lives.

I would do both and any effort to force me to pick one or the other is an attack on my personal belief that I should be free to choose what I can own. The only limits on my ownerships rights would be:

I can't own people.
I can't own something that is not freely offered for me to buy.
I can't own super weapons.

I think if the rules above were to be followed we would be better off.

BTW I own more BTC than I own Gold and I own more silver than gold but less silver than BTC

the order is

1) BTC
2) Silver
3) GOLD.

HERE are three threads that show I do own silver and sold some off this year to buy BTC






I may sell more of my silver later this year and buy more BTC

my stance is simple.

wanna make wealth? then go with the investment instrument that has more potential in the long run to grow big, like bitcoin and it's still in its initial phase in my opinion, investing in bitcoin I always consider to be a good way to create wealth.

but, if you want to retain wealth and eliminate risk, simply with gold, it will beat inflation rate, but won't make you rich, doesn't matter how long you will wait for it, the increase will never be that much, as it is only an investment to fight inflation and limited to only that.

Well I am going to have to say Bitcoin. But this is because I do not like to invest my fiat in precious metals like gold and silver.

I will prefer to have my investment in digital currencies like bitcoin and the other alts. But I do agree with some people here you can have both of them. But for me my choice is going to be Bitcoin.

Why do people say either or to the options, choose both according to your needs.   Gold has a cost and large spread to its purchase and ideally should only be held for 10 years or more or you are risking losses in your attempt to save money.  Obviously you can speculate on either of these assets but they are both far more long term term in their base line then most realize.

If I can turn I would love to have gold and bitcoin as part of my investments, as it's all part of multiple investment strategy. But if just one is given then it's bitcoin for me right now. It's obvious the gold has been in existence for over centuries and has a wide acceptance as store of value to many individuals and government, a feat that bitcoin hasn't come close if we're to be realistic and honest with our contrast. But I chose bitcoin for many reasons, it's simple to hold, store and secure privately, and the ecosystem is still somehow new with much opportunities to take hold of in creating wealth for the future as the currency keeps growing value.

I had to sort it out even though in the end my answer was that the correct choice for these two choices was both, Bitcoin and gold.

I chose Bitcoin for the main reason that it is a long-term investment. The explanation is that Bitcoin globally in the next few years will become the center of world attention in an economic system where more and more people are placing their hopes on Bitcoin, where data shows that its circulation has almost reached a total of 21 million created.

Gold is an investment asset that has a value above inflation, even though the stable level of gold is a source of support when needed due to not running out of fiat or as reserve funds.

If i do have that sufficient money then why would really be needing up to choose in between if you could have both? Bitcoin is much more better if we do speak about profitability in a short period of time or
something which its value could really be able to go into a certain level on which gold couldnt really be able to surpass or simply speaking about price volatility, but cant really be denied that gold investment
is also that looks interesting on which this is why on the time or moment that i have sufficient money or capital on which i could really be able to diversify my investment then i would be considering gold
to be included into my investment.Somehow this would be particularly be depending into someones choice because if you do found yourself having that sufficient amount of capital then you would
definitely be going into some investment on which it could potentially bring up that fast return or profits on which this could really be found on Bitcoin.

[Bitcoin or Gold] choose correctly to be honest why not choose both I mean both are investment tool the only difference is one is already lived on earth for a long time and proven as a safe haven asset and the other one has already proven can give you double-digit APY and act as safe haven against inflation.

Today Inflation is crazy frenn. War already started at some places. Geo Politics is uncertain and things can go wrong. By investing both of it I think is the best option right now gold for safe haven and bitcoin to grow your money.

Although Gold may have all that physical characteristics of being used for beauty/design, decoration and a store of value that makes it exceptional from bitcoin, because bitcoin doesn't have that physical features/nature or property. But I still prefer bitcoin over Gold because bitcoin can be traded online while Gold can not. bitcoin is more volitille than Gold and it can be bought at any given time from the comfort zone of a person. You can also buy huge amount of Bitcoin and store in a wallet for a very long time of over 50 to 100 years because it is compatable. But Gold is like "matter" it has weight and occupies space. Meaning a gold of $7b will occupy a large space while a $7b bitcoin will be in a wallet without notice of anyone. Bitcoin doesn't need to be stored in the bank or voult but gold can be stored in bank or voult. So in all ramifications bitcoin is more preferable than Gold.

You cannot use bitcoin without an internet-connected device, you cannot use bitcoin in places where bitcoin has not been accepted or many people do not know about bitcoin. Meanwhile, with gold you can do all of those things because gold has become so familiar around the world.

Although gold is bulky and we would have difficulty storing or moving it in large quantities, storing bitcoin also carries certain risks. For example, hackers, viruses or unfortunately you accidentally lose the seed phrase, you almost don't have a second chance to get your bitcoins back.
Obviously, both have advantages and disadvantages and depending on each investor's needs or preferences, I think both are worthy of being in everyone's investment portfolio.

That's the point why I think if I'll invest into precious metals, I'd go with the gold jewelries. Well, there truly are cons and pros to this and I know that for the fact investing in gold bars is really a good one. Thus, why most countries have their gold reserve in that form and nothing is going to beat that with that reference.

Not only with capital but also with what I have said that you need to carry it and as obvious, the heavier it is, the greater of its value.

Yep, you are right.

The members of this forum must prefer Bitcoin whatever the reason. We have no reason to join this forum because of choosing gold.  
Well, everyone must try to invest in some assets, whether safe assets and risky assets. We know the term of diversification, we probably won't rely on Bitcoin or Gold only. We should prefer to invest in both of them. Even, I believe we may invest in more assets such as lands, property, or etc. This is the way to deal with the risks and increase the opportunity of optimum profits. However, we must have specific allocation for each assets. I my self surely prioritize Bitcoin, I spend around 60% of my funds on Bitcoin and altcoins. The rest, I will buy Gold or other assets. DWYOR

There is always a debate between these two investments because they both have different characteristics and each has its own advantages. Indeed, if we talk about who is superior in the long term, the answer is of course investing in Bitcoin because it has the potential to provide many benefits compared to slow gold. But whatever it is, in my opinion both are long-term investments. However, it would be even better if we had both investments.

Another advantage of bitcoin is of course that it is easy to access anywhere using a smartphone and easy to carry anywhere. This is very different from gold. It is difficult for us to carry it everywhere in large quantities, especially if we travel abroad. Regarding security, bitcoin is also very superior to gold, bitcoin is 100 times more advanced than gold and bitcoin is freedom.

I think this topic had been discussed on several occasion in choosing between bitcoin or gold that which is the best, here on the forum, we are not in support for bitcoin because its a digital coin in which was launched by the creator of this platform, but because it is what we all know to be real and true about all that people were saying about it for adoption and profitability, including decentralization which were all part of the added advantages you can get from bitcoin over the use of gold as an asset for an investment.

There isn't really a correct answer to these type of questions, I understand that people want a yes or no type of answer but sometimes it is not anything that will get a result if you just pick one or the other. There will be times in history when holding gold is better than holding bitcoin and there will be times when holding bitcoin will be better than holding gold. This is why we can't really make any type of change at any given moment, it just won't work that way.

We need to make sure that we can handle with something that will get some time, and because of that we should consider the fact that we could probably make it all the way to everything in the end.

We need to consider that if all goes well, then bitcoin should be better because we are near the bull period now and after halving, so the price will end up going up, or at least it's hoped to be going up. Gold could be better once again in the future, but for the next one year or so, I am hoping that holding bitcoin should be better deal, if I am wrong and it is not, then it means a lot of people on the market is already wrong, and that will not be something that people will be happy about neither, we are going to end up being quite upset.

I'm ok with what you say but not about the bad side of Gold and its exploitation. We have the tendency to forget there are many things that can be done to limit the environmental impact. It was a point that concerned the Minamata Convention (a decade ago). But as you know, as long there is a lot of money to make, they don't really care about environment.
As you can mine bitcoins with green energy, you can mine gold more correctly, a kind of "green gold". There are labels such as Fairmined and Fairtrade.



Funny because yesterday Vladimir Putin has warned of the “uncontrolled growth” in electricity consumption required for cryptocurrency mining in Russia.

It will all depend on each person's preferences and needs, both assets are good and have different advantages and disadvantages as well as use cases. In addition, those who are smart investors will choose to diversify both instead of putting all their eggs in one basket.

I agree, if you have the ability to invest in gold, you should choose gold bars instead of gold jewelry because gold jewelry has a large price difference when buying and selling. But investing in gold jewelry will be easier because it doesn't require too much capital, but with gold bars we will need a large amount of capital. That is probably also the reason why many people hesitate to invest in gold bars.

I know that they're not the same but with jewelries, they're more usable and easy to liquidate since people know its value and they're still desirable up to this day.

But you don't have to carry all the weight. I know that bars are more valuable than the jewelries but you're not convenient bringing that to the store or pawnshop or wherever you want to sell it when you've got that much. But with this, Bitcoin wins this kind of problem.

Yes, being biased is out of the question because the question and the thread are on a Bitcoin forum so, the obvious choice is there.

While that might be true.

There are investors that focus on one thing and put an all out of their asset on it and don't want to go anywhere. And when that investor matures, that's the time when diversification happens.

Gold is a good option but I can't speak for myself because I have never owned gold and never bought it. I'm already good holding the digital gold of this era, Bitcoin. 

You can choose both though? I don't really see any conflict between the two but if you were asking which asset to choose first to invest to, I'd generally advice Bitcoin. As you've said, it's a lot more accessible and has basically no minimum limit on how much you can buy, unlike gold. If you have some sizeable amount and can afford both, then why not just buy both in the first place? People advise all the time to spread out your portfolio after all.

Though I guess with the same mindset like you OP, most people would also choose Bitcoin. I mean who would choose something they see as for "fashion" only as their first asset to buy no?

Also we are in bitcoin forum so for sure if there would be a question like this for sure all will prefer to choose bitcoin since there would be a bias upon selecting an asset to have.

But in reality of that investment choices for sure the investor would select both, since its really  more better to adapt those two good asset since we can take advantage on its potential. BTC and gold price rise up that's why its good for us to acquire this especially if we are fine waiting for price to appreciate for more longer years. I invest on bitcoin and also I frequently acquiring gold then yet so far I'm bullish with these two assets.

I think the choice is very simple, you don't have to choose at all - Bitcoin and gold both have their advantages and disadvantages that everyone should consider.

Gold has been in human culture for thousands of years, it has its indisputable value and trust in every corner of the world. In addition to jewelry and as a store of value, gold is also used in the manufacture of electronics, and even has medical applications or in the manufacture of glass and in many other areas. In the event that some kind of global disaster occurs and the world is left without electricity and the internet, gold will always be a means that people will use for trade.

The bad side of gold is that its exploitation is a very dirty and destructive business for the environment, you only have to look at the example of Guatemala and the massive destruction of primeval forests to get to the gold - and it's like that all over the world.

In a way, Bitcoin is digital gold with one important difference, it has a limited supply, which is very important to emphasize when comparing it with gold. Also, regardless of the fact that some persistently try to impose their agenda about how BTC mining pollutes the environment and consumes too much electricity, these myths have long been dispelled and are believed only by those who are unable to check the facts themselves.

Bitcoin is an extraordinary innovation in the digital world that allows us to be our own bank, and therefore to make transactions with anyone at any time without having to ask for anyone's approval. In addition, those who invested in BTC only during the past 10 years can today be considered really rich people (depending on how much they invested), and those who bought gold can be happy if they at least partially preserved their value.

That is on point because a bias of ours can be said that we're choosing it correctly because we like it and we know much about it. But that's the advantage of knowing what suits our investing style.

And telling that choosing subjectively, each investment really differs and one can be the better asset for you and not for the others and vice versa.

Like in us, we're all Bitcoin investors and if not, most of us here are but we don't know if many of us here are also gold enthusiasts and investors.

I think the majority of us here would probably choose Bitcoin over Gold. But that doesn't mean you don't want gold. It's just that this is really about choices if you have to choose one of them. of course bitcoin is also my choice. Because the reason is because I see the potential for quite large profits in the future if we hold it from now on. because I think greater adoption will continue to come. And the limited supply of bitcoin will make the price much higher than we imagine in the future. Gold is just my preference when it comes to storing value. but regarding investment and profits, Bitcoin is the choice that I choose with confidence. Because now we are moving in an era of digitalization where everything will move more in the digital sector or on the internet. So the level of transactions on the internet will increase and the use of crypto will one day become commonplace for everyone.

I'd say "choose subjectively" instead of "choose correctly" because both of them are good investment, it just depend on each person which one they want to choose or they want to own both.

If you choose jewelries as a form to invest in gold, I'd say it's a terrible idea since the value of jewelries and gold bars are not same, jewelry shops sell high and you will not earn as much as gold bars.

I have also chosen Bitcoin and not to say the obvious, we're in the forum. Although I like gold and getting some interest on it but not with gold bars but with jewelries. I think that they're also a good one when I need some quick cash but if that's gonna be my purpose, Bitcoin is liquid too and compared to these jewelries, I have to go to the pawnshop and have it pawned and the value might even be lower from my purchased amount depending on the rates of that pawnshop. So, in terms of this, thumbs up to Bitcoin everyone!

Bitcoin has been known for it's volatility and off course there are people who still love holding Gold over bitcoin due to that nature, but currently Bitcoin is much more better with the reason I have explained on above.
Gold can be somewhat restrictive where you can't quickly have access to purchase them except you move out those places is being sold while bitcoin only requires you to sign up on exchange or buy it through p2p platform.

Why does it always have to be Bitcoin or Gold, I'd appreciate it if we had things like Bitcoins and Gold.

Gold is good for starters, well I don't really classify it as investment because the growth rate is just about as the inflation rate but it's been constantly growing and the chances of going down is pretty much zero so if you are in your 20's then I advise you to have certain amount of gold under your portfolio as well.

Talking about bitcoin it has it's pros like the ROI is too high that can't be met by Gold while the con is it's volatility so people need to know what they are getting into will help them to tackle the market trends.

Bitcoin or gold? yes bitcoin with the explanation that the return price is greater due to fluctuations in market prices and long -term investment that is more profitable than the hedge that comes to my mind when hearing the name Bitcoin because it I need to say again.
I also chose gold as a backup option when one day faced the urgent situation when Bitcoin was not appropriate to be sold because the price was below the purchase price.

Gold can also be easily accessed depending on the location you are. Gold is more than just an accessories to beautify one's self . It is a strong store of value that you can rely on for price stability. Gold has little price fluctuation unlike btc.
I don't see gold as you see it, even though btc seem to be the most sort out asset for investment in recent times mostly because of its ability to rise very high in price and durable in nature being a digital currency, gold still holds a lot of value in the hearts of old timers.
You can always put your investment on both and you won't regret doing so although btc has a upper hand when it comes to price movement.

Maybe on that specific shop only? Because shops in my area are selling gold for less than $100. It is also possible that they don't have a smaller stock of gold for now. Anyway, having a BTC for investment is still nice. You ask if where you can get a $5k to invest on that gold you saw in the shop but maybe BTC can help you with that. Money invested in gold is not wasted because you can still pawn or sell the item and what's good is that it also appreciates just like BTC.

BTC is digital but our keys can still be exported physically and it is possible to lose them if we are not careful enough but no doubt that BTC or its private key might still be less attractive in the eyes of the many.

But the fee in exchanges is transparent, anyone can check the taker/maker fee and withdrawal fee, while pawnshop that claim the gold is already old has no rule.


True, there are more scammers in cryptocurrency.

But, they lost their coins because of their own mistakes e.g. clicking random link, connecting their wallet to random exchange, bad OPSEC etc.

Gold's cool. It's bright and ancient. Bitcoin, man, is different. Not only money, but freedom. Regain control, dude. The future of finance is here. No stuffy bank should tell you what to do. No authorization required. Need only Bitcoin. Take charge of your money. It's about joining a movement bigger than government or corporation. It's about being woke, man

Although getting rich is possible, it's not everything. Changing our wealth mindset. Building a decentralised, democratic economy is the goal. Take authority from elites and give it to people. Being part of something revolutionary

Definitely, it terms of investment, I would go with Bitcoin anytime, although I was also a avid fans of Gold in terms of it as being used as jewelries, good investment as well specially bracelet and necklace as you can easily pawn it if you need quick money. But you also have to be very smart as well not to pawn it to a price that you can't pay.

But in terms of Bitcoin in the last 8 years or so, turns out to be a really good investment in terms of returns. So no doubt, that's why most of us here chooses to be in this market because of that very reason, ROI is greater that if you simply buy Gold in 206-2017 and just hold on it. And so there are a lot of pros and cons, but simply put, Bitcoin is the best assets that we have right now, more than Gold, no argument about it.

This is absolutely not true. In addition to its role as jewelry, a global reserve asset and a hedge against inflation, gold is also used in many industries such as dentistry, cuisine, medicine and pharmaceuticals...It can be said that the practical application and demand for gold is huge and will never be enough even if we mine more gold. Don't just because we are bitcoin investors deny the importance and benefits that gold brings to honor bitcoin.

The image you provided can only say that storing bitcoin is much more convenient than gold, and that is one of the advantages of bitcoin over gold. But that doesn't mean gold is as bad as you say, gold also has advantages that bitcoin doesn't have. It can be said that both are good assets and are used in different situations, we should take advantage of both instead of speaking ill of each other.

Before, jewelry and ornamentals are the first things that come to mind when talking about gold. Now, not anymore. When talking about gold, I think of investment, store of value, currency standard. It's perhaps because of my exposure to Bitcoin, particularly of its constant comparison with gold and the old standard of doing money, that gold has become more than just a material mostly used for jewelry and electronics.

When talking about Bitcoin, I think of freedom money, a decentralized currency independent from political and economic maladies that greatly affect the monetary system.

I think it's not bad to have Bitcoin and gold in your basket.

Why not diversify your Bitcoin value gains into precious metals? Bitcoin is more volatile, but gold also has some advantages.





Bitcoin exchanges also charge a fee and have a market depth. You can just make a private sale of gold at spot price (limit sell)


Bitcoin allows you to transfer your funds quickly around the world, but your physical gold cannot be hacked or stolen from another place in the world.


People also lose money on fake cryptocurrency exchanges and fake Bitcoins.

I do believe that there are more scammers in crypto than gold.

Damn, I don’t think this question has ever been proposed on BitcoinTalk. 

I have a topic discussing the importance of understanding bitcoin is not a replacement for the stock market ( people love to argue with me on this. Greg Maxwell had a nice write up in that thread in agreement, if that tells btc only types anything).

Gold isn’t either.  Those who already have a traditional portfolio established and on track to meet their retirement goals..should own a bit of both for different reasons IMO.  Stocks, btc, gold ..why compare entirely different things is what I always wonder.

I have sold a lot of gold coins. I will have no doubts in what it should preferred between bitcoin and gold.
If you need fast cash, or maybe you're oversea, try to move or exchange your gold and see how much you will loss and how difficult it is this action... other things are literally 0 to me... it should be not just a speculation use but a real world use case!

People also buy gold for investment purposes aside just for beauty. Gold is a pretty good investment and a great store of value. The debate will go on and on but at the end of the day, most people will choose based on preference and they'll both give you their reasons why they prepare.
As for me, the reason I'll pick Bitcoin over gold is because I know Bitcoin more than I know gold. I don't even know how to buy gold if I want to get it now,  and if I want to buy it in I form of jewellery or from the black market I might not be able to tell if it's real gold or how many carats golds it is.
If I want to buy in the form of an investment, I don't know what platform or site to buy from.
With bitcoin, I know more than enough. I can do everything about Bitcoin myself and with probably less money.

I can go on and list the features of both coins and state why I'll pick which over which, but the truth is, it's bitcoin I know how to deal with, I don't know how to deal with gold. Perhaps in the future, I will, but I won't abandon Bitcoin for gold, ever. Maybe I'd invest in both of them.

People always say gold is the safest asset and it can hedge against inflation, but they forget:

1. If you purchase gold now when the price is $2,411/oz and you choose to sell it in the next 5 years when the gold price is $3,000/oz, it doesn't mean they will value your gold for $3,000/oz, they will say your gold is old, so the value has dropped slightly, they accept your gold for $2,900/oz.

2. It's harder to protect it, you could be robbed if your store in your house, or you will pay some fees to store it in banks' safe deposit box.

3. There's a chance you would get scammed by purchasing fake gold.

While in Bitcoin, there's nothing like that.

I admit to you that buying gold sometimes requires a certain amount of money, but this is the first time I've heard that to be able to own gold, you need a minimum amount of 5k$. In my country, for only 100 USD, you can buy gold in ring form but it is very thin and comes in many different designs at many different prices. And with less money I'm not sure because I haven't tried it but I'm sure buying gold is not as difficult as you describe.

But it cannot be denied that buying bitcoin will be easier because even if we have 20 USD or 50 USD we can still buy bitcoin whenever we want. But I don't think this is the reason you choose bitcoin over gold  .

This is a result of how gold is perceived in the community. You have associated it with something used in our daily lives even more that you associate it to beauty which I am sure a lot of people do. Beauty=Gold so this drives up the perceived value of gold.
I think of a decentralized digital currency.
You said it well and addition to this is holding bitcoin lessens the worry for holding. Of course you still want to hold it in a safe secure place but with gold, it requires you to have a much larger physical space which makes it difficult to sell urgently.

Gold is tangible, has an upward long-term trend, isn't normally accepted as payment, and has been considered valuable by humanity for thousands of years. Bitcoin is intangible, has an upward long-term trend, is sometimes accepted as payment, and has been considered valuable for over a decade (although certainly not as universally as gold).
Bitcoin is easier to obtain, transfer, and sell, and you don't have to worry about it being fake. Gold is trickier, but is quite widespread and has a decent liquidity.
Bitcoin is more appealing and more convenient for me, but Bitcoin or Gold is a false dilemma because you can also do both or neither.

I walk into a gold shop and after asking how much a small piece is sold, I walked and bought bitcoin for less than $100 one of many I'll be buying weekly. You know, all these shops that sells gold require you to buy around $5k. Where am I going to get that kind of money from. As a Millennial who works very hard, I don't have that much money in my bank accounts. And this is why I gladly chose bitcoin because with Bitcoin, I can buy at any amount. Keep it safe and go to bed peacefully at night. I don't think I can do the same with gold.

We are participating in the bitcoin forum and we are all bitcoin investors, what do you expect from everyone? So I'm pretty sure, we're not going to find the answer that someone is going to choose gold over bitcoin. There will only be some people who are more cautious with their investments, they will choose to diversify and gold will be their additional choice. The remaining people will definitely choose bitcoin because only bitcoin can help them realize their dream of becoming rich with their little capital.

For now I would also choose bitcoin and only bitcoin because I have the same goals as many people here but when I have significant capital then gold will also be my additional choice. Whether we admit it or deny it, gold is still the most reliable and safe asset along with real estate.

I will add existing topics.

Bitcoin Vs Gold, land which better?
What are the pros and cons of gold compared to bitcoin?
Bitcoin or Gold?
Bitcoin or Gold?
Bitcoin or Gold? What would you pick?
Bitcoin or gold?
.....................etc

Agree with your opinion, both of them have fantastic value, both of them also generate profits and we can use them for long-term investments, because gold cannot be affected by inflation and neither can bitcoin, so I think if we can choose both, what's the problem? , as much as we can, trying to invest in gold and bitcoin is fine, because both are very valuable in our eyes, it can guarantee the future when we can collect them as our assets to use in the future so that our economy continues to be stable, everyone's dream people can collect as much gold as possible, it can be used as jewelry and also our investment, bitcoin too, can guarantee our future for our savings and assets.

First of all, I think both are solid money and both have advantages over each other. Bitcoin is an easier asset to carry and store. It also has better divisibility than gold.  Gold is a solid store of value that has been in human history for thousands of years. The world's gold stocks are known. Alchemists can't do hocus pocus. There is gold in space, but it costs more to transport it here. In short, I like both and I try to accumulate both as much as possible...

I like gold as part of a beauty complement that cannot be separated from women forever, but for long-term investment, Bitcoin is much better because it promises bigger profits, so if asked to choose between gold or Bitcoin, which would I want to make as an investment choice, the answer would be are bitcoin.

Apart from that, Bitcoin can be liquidated quickly, less than an hour and can be done on a smartphone wherever we are, you can transfer it and take it anywhere you like easily, so in my opinion Bitcoin is far superior to gold.

You see gold as something concerned with fashion because you are witnessing a more advanced stage of it where it has been refined into a form that can be worn around. The very old people know that prior to bitcoin, gold was the real investment that you can move around with, an advance of real estate.

Bitcoin is an advance of gold and that makes it an even better choice, we are informed and we know this.

Currency comes to mind.

All have their own views because after all both have their own uniqueness and when this question is asked in a forum that focuses on bitcoin then surely the answer will be the same but it will be different when this is asked in a forum or in a community that does prioritize gold as their investment vehicle.

That happened with my answer now because after all bitcoin is now like a part of my life so clearly bitcoin will be the first choice that will be chosen.   The problem that is always discussed is about the risk in this case but in the end we also have to realize the greater your risk, the better the results we will get and it will be different from those of us who choose gold because the risk of being in gold is actually safer and more comfortable but on the other hand the profits we make will not be greater than when we are in bitcoin with a much higher risk.

The only time I will consider gold is when I just want to diversify from bitcoin and most times, I don't pay any close attention to any form of investment because bitcoin offers me the highest form of assets, in terms of security and privacy, no wonder bitcoin is considered to be the digital gold, that is the upgraded form of asset.

Bitcoin is much more higher than gold in terms of value and usage, because while bitcoin plays multiple roles, Gold on the other hands play just a single role.

Let me go further by saying bitcoin plays the role of asset and currency, Gold on the other hand plays the asset role alone, bitcoin have more scalability than gold.

Id take Bitcoin over gold any day of the week.  Now, dont get me wrong here - I can appreciate the beauty of gold when its made into jewelry or other decorative stuff.  But if were talking investing money and keeping value safe, Bitcoin is my top choice. 

Gold has got limits because of its physical nature and  you gotta keep it somewhere secure, and it isnt exactly easy to carry around.  Bitcoin though - its digital.  It can be accessed and sent all over the globe pretty much whenever just with a few little clicks.   

Plus, Bitcoin has way higher potential for growth compared to gold.  Since its a brand new asset type with a capped supply, it creates scarcity and drives demand upwards.

Well I made this post on how people could view from having Bitcoin or Gold. Please give your reasons for choosing any of this let us know how people could classify gold and bitcoin.
To me gold is more of fashion using it for beauty than bitcoin, when you talk about gold you remember your lovely clothes that is designed by Gold, your lovely necklace, ear ring name it all this is were we can classified gold mainly for beauty and design even though it is used as store of value or as a reserved fund.

Bitcoin: when you hear about bitcoin what comes into your minds, investment, savings, peer-to-peer and mining. Apart from that what else comes into your mind?
In general I choose bitcoin over Gold because it's more accessible, and one can acquire it at any given time and moment irrespective of how much you are holding it's not like gold you must have some thousand of dollars to acquire it. In all, Bitcoin there's no restrictions on the total amount of bitcoin you could own or have in your custody provided you use the right wallet and have your details stored you are good to go.

Feel free to discuss here let us have the general overview from people towards Bitcoin and Gold.