Bitcoin or Gold which is worth investing in?

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Quote from: Gooner0 on August 13, 2024, 05:45:32 AM

First of all, I would like to show you similarities between Bitcoin and gold.
The value of both are driven by both scarcity and demand.
The both are decentralized, and the both have limited supplies, the list goes on...

But despite this similarities they still have their differences, Bitcoin is easily transferable while Gold isn't .
In Bitcoin transaction is transparent, but with Gold authenticity can be disputed etc.

The fact Bitcoin is volatile and gold is more stable , and the fact that gold has high liquidity and Bitcoin is still growing, makes investments consideration quite tough.
Bitcoin and gold share similarities as store of value,and hedges against inflation.
However the differ in transfer speed, portability, security and transfer speed.
If investing, investor should consider their individual financial goals, risk tolerance and market understanding.

I would suggest that you can choose either, however, and balance investments between bitcoin and gold to control risk and leverage the strengths of both. Strong, liquid gold reserves can serve as a hedge against inflation and recession. It's more visible and more acceptable, it creates a much stronger valuable warehouse. To the contrary, Bitcoin, in its potential yield and simple effortless transfer, brings a dynamic element to the portfolio. It's a high-risk asset because of its high volatility and emerging markets. That has been the main goal while balancing these kinds of investment portfolios to align with personal financial goals and risk tolerance. Aggregation of the stability of gold and the growth potency of bitcoin will let investors diversify their portfolios and gain from the unique characteristics of the two assets, cutting down their risk exposure.

glendall

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everything is worth investing in according to our wishes and beliefs, which investment suits our finances, it doesn't have to be forced, everyone has their own views on which one is good for them, but if you ask in this forum then 99% will say bitcoin is the best, vice versa too You will get the same answer for gold if you ask people who invest in gold

CoinFoxs

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This question was asked so many times on this forum and i always said that bitcoin and gold has no comparison as they both has different features, Bitcoin is digital currency and the buyer can’t posses or touch bitcoin while in case of gold you can posses gold. For safer investment choose gold as it grows gradually and the risk ratio is low, and you can have gold with you all time. In Bitcoin’s case investment is bit risky you can loose your money in a single day and then you have to wait for an unknown period of time but from bitcoin you can be millionaire or billionaire in months or years!

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Quote from: Gooner0 on August 13, 2024, 05:45:32 AM

First of all, I would like to show you similarities between Bitcoin and gold.
The value of both are driven by both scarcity and demand.
The both are decentralized, and the both have limited supplies, the list goes on...

But despite this similarities they still have their differences, Bitcoin is easily transferable while Gold isn't .
In Bitcoin transaction is transparent, but with Gold authenticity can be disputed etc.

The fact Bitcoin is volatile and gold is more stable , and the fact that gold has high liquidity and Bitcoin is still growing, makes investments consideration quite tough.
Bitcoin and gold share similarities as store of value,and hedges against inflation.
However the differ in transfer speed, portability, security and transfer speed.
If investing, investor should consider their individual financial goals, risk tolerance and market understanding.

When you created a question such this in bitcointalk forum , obviously you are asking something that you already knew the answer .

BITCOIN IS WHAT WE ALL CHOOSES mate.

tabas

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Quote from: Gooner0 on August 13, 2024, 05:45:32 AM

If investing, investor should consider their individual financial goals, risk tolerance and market understanding.

True, a gold investor and closed-minded it will say that it's best and worth investing in gold. On the other hand, someone like me who likes Bitcoin will say that it's more worth it to buy and hold Bitcoin than any other assets.

Quote from: Alana Arden on August 17, 2024, 06:02:06 AM

And of course, investing in Bitcoin is superior to investing in gold and is now a good investment asset. It will provide higher returns than gold if held for a long time.

The latter part is true, and that is because Bitcoin is more volatile than gold and this is the reason why we love it more than gold. Gold is quite stable and there's still a profit margin there but incomparable to how much gains Bitcoin has given most of us.

wallet4bitcoin

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Quote from: Charles-Tim on August 13, 2024, 05:55:38 AM

Quote from: Gooner0 on August 13, 2024, 05:45:32 AM

The fact Bitcoin is volatile and gold is more stable , and the fact that gold has high liquidity and Bitcoin is still growing, makes investments consideration quite tough.

None is stable between them both. Gold is less volatile. Bitcoin is also having high liquidity. Just that gold has higher marketcap and also can be more liquid but if you want to buy or sell millions dollars worth of bitcoin, you will be able to buy and sell it right away. I prefer bitcoin investment after a significant bear market but it is good to diversify.

Quote from: anarkiboy on August 13, 2024, 05:54:14 AM

This question has been asked here too many times and it doesn't make sense to ask on Bitcoin forum which is a better investment because people here will naturally be biased towards Bitcoin.

To ask this question you would need to find neutral forum for investments.

Not that they are biased. Bitcoin is giving higher ROI and it is the best asset since a decade ago if you compare both and the money someone will gain.

Needless to say, you are concise with your point/response.

The ROI from Bitcoin is way higher considering the timeframe. Everyone wants to make the most out of the least available time, even skillful and renowned investors like Warren Buffet will go for an investment that pays way higher in ROI in a shorter timeframe than the other if there is a comparison between this same asset class.

Alana Arden

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Both bitcoin and gold are different. Although this issue has been discussed many times in the forum before.
However, if you want to compare Bitcoin and gold, Bitcoin is decentralized and is a valuable digital currency in the modern world. Bitcoin is highly volatile, risky, and grows very quickly. But gold is concentrated and is a precious metal. Gold is a stable asset that works against inflation, and investing in gold is less risky than Bitcoin. But it is less profitable. Because where the risk is low, the profit is also low.
But Bitcoin is too risky and volatile to make large profits in a short period of time. And of course, investing in Bitcoin is superior to investing in gold and is now a good investment asset. It will provide higher returns than gold if held for a long time.

Dr.Bitcoin_Strange

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Between the two asset, there's no one that is not worth investing on, it depends on the factors that investor is willing to accept and what he or she can be able to manage. There are so many people in the world who are investor in both Bitcoin and gold, while some only invest in gold and other commodities and some also invested only on Bitcoin. Every investment definitely has their risk attach and it is the duty of the investor to know what they can be able to bear. I love to invest in Bitcoin and gold too.

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Quote from: Dr.Osh on August 16, 2024, 12:21:55 AM

Quote from: 2Pizza410000BTC on August 15, 2024, 01:05:42 AM

Bitcoin veterans will always invest in Bitcoin and move forward with Bitcoin and never want to invest in anything else. Again there are some people who want to invest both in my case like if I say I have invested in Bitcoin and I have some amount of gold but I have given it to my wife only as jewelery though I have given it to her as jewelery but if needed I can sell it also but that too. I am in one type of investment. On the other hand I have bitcoin investment I am moving forward with my investment. But investing in Bitcoin is much more valuable than investing in gold. But many may be hesitant to invest in bitcoin due to market volatility, but if you want to invest you should do it long term and if bitcoin can be long term then it can be very profitable as we can see if we follow the past days.

well, bitcoin offers higher and faster returns and deals than gold. Apart from that, we can continue to control it, and sell and buy it very quickly and instantly. I know that gold is also a good investment for the long term. However, some people still feel that the benefits that gold provides take a long time, maybe it takes 10 years before they can be felt. Meanwhile, we might be able to produce that within 1 year from bitcoin or less. Well, even though the risk is very high, I think people who choose bitcoin are ready for it.

Frankly speaking, for people with modest capital like us, bitcoin is a more suitable choice. Because we can take advantage of bitcoin's high volatility in search of bigger profits, while gold has become so stable that it is no longer relevant to us. But if someone is in need of a safe haven or store of value, I think gold would be a better choice as it is quite stable and safe looking at its thousands of years old history.

We cannot deny that gold is a good and safe asset, and that is why governments are still trying to accumulate as much gold as possible in today's unstable world. But given our economic conditions, bitcoin will be a more suitable choice because if we do not quickly improve our financial situation, we will be eliminated from this society.

Governments, institutions, billionaires, millionaires need to protect their assets, but for us, increasing our assets is the top priority so bitcoin is the best choice for us.

Dr.Osh

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Quote from: 2Pizza410000BTC on August 15, 2024, 01:05:42 AM

Bitcoin veterans will always invest in Bitcoin and move forward with Bitcoin and never want to invest in anything else. Again there are some people who want to invest both in my case like if I say I have invested in Bitcoin and I have some amount of gold but I have given it to my wife only as jewelery though I have given it to her as jewelery but if needed I can sell it also but that too. I am in one type of investment. On the other hand I have bitcoin investment I am moving forward with my investment. But investing in Bitcoin is much more valuable than investing in gold. But many may be hesitant to invest in bitcoin due to market volatility, but if you want to invest you should do it long term and if bitcoin can be long term then it can be very profitable as we can see if we follow the past days.

well, bitcoin offers higher and faster returns and deals than gold. Apart from that, we can continue to control it, and sell and buy it very quickly and instantly. I know that gold is also a good investment for the long term. However, some people still feel that the benefits that gold provides take a long time, maybe it takes 10 years before they can be felt. Meanwhile, we might be able to produce that within 1 year from bitcoin or less. Well, even though the risk is very high, I think people who choose bitcoin are ready for it.

serjent05

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Quote from: anarkiboy on August 13, 2024, 05:57:40 AM

Quote from: Charles-Tim on August 13, 2024, 05:55:38 AM

Not that they are biased. Bitcoin is giving higher ROI.

It's a gamble, that what it is and your answer is biased.

It was proven that Bitcoin gives higher ROI than gold despite its high volatility. I do not think the statement you quoted is biased. You can look at the history of price increase or ROI gotten from investing gold and Bitcoin and you will see yourself that Bitcoin indeed gives higher ROI than gold. It is even stated in a study done in this PDF: https://ebooks.iospress.nl/doi/10.3233/ATDE221051

Quote from: Natalim on August 15, 2024, 04:18:28 PM

Quote from: criptoevangelista on August 13, 2024, 05:54:51 AM

The biggest difference is time, gold is thousands of years old while bitcoin is only a few years old...

With the path it is taking, bitcoin has everything to be a kind of digital gold, so it is up to the person to study the fundamentals and then make the decision that they think is most convenient. For example, I don't buy gold, only bitcoin, because I believe that the ease and convenience are infinitely superior, after all, I'm not going to walk around with gold or keep gold at home, bitcoin is much superior in my opinion.

When it comes to time, of course gold beats bitcoin because gold was already here even centuries ago but bitcoin is just a decade ago. But superiority comes not in time but on its utility case. Bitcoin can be used as a tool of investment and as a digital currency, while gold only focused having as a safe haven investment but when it comes to profitability, bitcoin is obviously superior than gold.

I agree! Bitcoin is more than just a digital gold. The creation of Bitcoin is a revolutionary turn for financial institutions. It gives financial inclusion to the poor which gold can't give. It also gives freedom of transfer since its cover is boundless. Gold maybe an advantage because of its tangibility and low volatility but Bitcoin gives easy accessibility and in financial transfers, the more accessible the item is the more effect it can have in economic stability and societal well being.[1]

Regardless, whether to invest in Bitcoin or gold depends on the investors' goal and risk they wanted to get involved. If one wants a less volatile market with high liquidity and minimum possible loss then Gold is a thing for him but if he wants a higher return in ratio to the time span, I believe nothing beats Bitcoin.

[1] https://www.hurix.com/why-accessibility-is-important-for-financial-institutions-and-how-to-achieve-it/

HelliumZ

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If you consider Bitcoin, you will clearly understand which one you can invest in and you will get more profit. Assuming you had invested in Bitcoin 12/1 years ago when Bitcoin was $0.003, you can easily estimate the profit on Bitcoin investment today. In this span of 10-12 years Bitcoin has increased million times which no one can even guess if any other asset in the history of the world will increase like this. But one thing is very important that assets that consume more profits have more risks so before investing in bitcoins one must be prepared to take risks otherwise it would be wise to refrain from investing.

batang_bitcoin

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I am seeing those brokers online that are also allowing their users to invest into digital gold and silver. Without having the need to hold the actuality of it, they're also the same investing in Bitcoin but on their case, the gold and other precious metals that they are investing is being held digitally through trust with the broker. I don't like that kind of investing because they don't have any ownership except their account and the transaction history although they can still be held by the broker where they've bought. So, physical holding is much better on that aspect but if those gold investors are doing something like that, it's easier for them to understand buying bitcoin. Just as how they can quickly sell their gold through that broker, it's easier having it with Bitcoin with various known exchanges it can be bought and sold. Bitcoin 100% still!

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Quote from: criptoevangelista on August 13, 2024, 05:54:51 AM

The biggest difference is time, gold is thousands of years old while bitcoin is only a few years old...

With the path it is taking, bitcoin has everything to be a kind of digital gold, so it is up to the person to study the fundamentals and then make the decision that they think is most convenient. For example, I don't buy gold, only bitcoin, because I believe that the ease and convenience are infinitely superior, after all, I'm not going to walk around with gold or keep gold at home, bitcoin is much superior in my opinion.

When it comes to time, of course gold beats bitcoin because gold was already here even centuries ago but bitcoin is just a decade ago. But superiority comes not in time but on its utility case. Bitcoin can be used as a tool of investment and as a digital currency, while gold only focused having as a safe haven investment but when it comes to profitability, bitcoin is obviously superior than gold.

Obari

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Your post was a self explanatory one and as such needed no further talks about it but rather a straight to the pin t answer and I will say that, if I have my way, I would t mind investing in both because they’re both very good investment options and just as you also said in your post that, while choosing among them both, then we should consider our profit level and also risk tolerance level and these are typically the major difference between gold and bitcoin and I think these two explains more better why the higher the risk, the higher the reward in a more practical way and since bitcoin offers more faster return than gold, is the major reason while bitcoin has gained so much acceptance than gold.

coolcoinz

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Quote from: Gooner0 on August 13, 2024, 05:45:32 AM

The fact Bitcoin is volatile and gold is more stable , and the fact that gold has high liquidity and Bitcoin is still growing, makes investments consideration quite tough.

No, it's very easy.
Most people don't buy physical gold but paper gold. This cannot be compared to real bitcoin, rather to owning a bitcoin ETF shares.

Let's say you don't want what most people get and would like to obtain physical gold, but you have a large investment to make, over 1m dollars. How are you going to hold large amounts of gold? How are you going to sell it? Will you be able to leave your country with that gold? Bitcoin fixes all of these problems.

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This statement has been discussed very often, Gold or Bitcoin which has always been the center of discussion from the past to the present, we think these are two tools that are almost similar and have very different values, but this does not confuse investors too much, both are decentralized objects which we think are very safe. maybe Bitcoin is still in the form of a transfer with transparent transactions but we don't think this is too heavy.

It's not too difficult to choose between Bitcoin, and we think both of them need to be owned, now is the time when what is difficult to get has a fairly good value as well as Gold and Bitcoin, it's better to sort and find a gap to get these two very good things.

CryptoBuds

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