I think the two are absolutely different and don't evolve at all in the same way over time.
Bitcoin is extremely volatile and therefore it is very risky to invest in it on the one hand, but on the other hand it is possible with good analysis to make a lot of money by investing at the right time.
While gold has a rather smooth curve over the long term, which allows for a much more reassuring and less risky investment, but we can be sure that its value will increase over the long term.
If we want to make a choice, we must either go for risk or insurance. BTC
Topic: Bitcoin or Gold which is worth investing in? - page 2. (Read 713 times)
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 and get proper answers you would need to find neutral forum for investments.
Otherwise you may as well ask the same question on some gold forum and get similarly biased answers
To ask this question and get proper answers you would need to find neutral forum for investments.
Otherwise you may as well ask the same question on some gold forum and get similarly biased answers
Indeed, there have been hundreds of threads like this on the forum and I have never seen a single answer that is fair to gold, most would favor bitcoin. You're right, these questions are really meaningless when asked on a bitcoin forum or gold forum. It would be fairer if this question were asked on a neutral economic or investment forum.
But I wonder, why shouldn't we diversify and invest in both, why do we like to compare? Furthermore, choosing which type of asset will depend on each person's preferences, we should make decisions based on our preferences instead of asking others' opinions . It's unreasonable for people who like safety to ask for investment advice from people who like risk and roller coasters, and vice versa
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You have to remember that you are posting on a Bitcoin forum. So usually, we all love Bitcoin here, and we stand for it as well. I never compare gold with bitcoin since both are different. Bitcoin is a currency that only exists virtually, but gold is a physical asset. Bitcoin is highly volatile where gold isn't. If you compare Bitcoin and gold prices, then Bitcoin grows too fast, whereas gold doesn't. Both have store value, but Bitcoin could give you a couple of x returns. At this point of view, it's definitely worth investing in Bitcoin for me. I don't care what others think; even Bitcoin falls sometimes, but it repeats history, as we can see. So I never think to store gold; I always prefer to hold Bitcoin.
Bitcoin and Gold has risk in their investment, because you need to take the risk before you can achieve income at the end of the investments. Bitcoin and Gold are good for long term investment, because the longer you hold Bitcoin and Gold, it will determine the huge amount of income you are going to receive when the price of the market increase.If you fail to take the risk, you will never achieve anything from Bitcoin and Gold investments, because the two involve risk before you can be boost of achieving meaningful income from both investments. Bitcoin is a decentralized currency while Gold is a centralized currency mean government don't control Bitcoin in any countries of the world while Gold is be control by the government of the country to reduce the inflation for their citizens to experience.
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.
While gold cannot beat inflation, bitcoin on the other hand has always an edge over inflation.
This is the first time I've heard that gold is not inflation resistant, can you explain further? What makes you think gold isn't a hedge against inflation?
Gold has existed for thousands of years and gone through many bad economic crises in the world and has proven that it is the best hedge against inflation as well as the safest haven to date. I remember during the 2022 crisis, gold prices rose sharply despite inflation and rising interest rates, while bitcoin was heavily dumped and it failed as an inflation hedge at the time.
I know you're going to mention bitcoin going up in price but it's only 15 years old, it hasn't even gone through economic cycles nor has it gone through the things that gold has gone through. Not to mention its failure in the 2022 crisis, so it would be inaccurate to suggest that bitcoin is a better inflation hedge than gold.
The economy is at risk of falling into recession and if that happens, I bet you will once again see bitcoin plummet but gold will certainly continue to stabilize or increase in price.
We've often discussed this subject matter in various threads here; however, I'm not choosing Bitcoin over Gold base on the fact that I love Bitcoin, I like Gold too, but I'm choosing Bitcoin over Gold because Bitcoin has obviously outperformed base on few years of existential and track records, and in so many ways, it is way more beneficial to own Bitcoin this 21st century than owing Gold, also in terms of Bitcoin being money and a recognized freedom form of money and a medium of exchange globally, whereas the government controls Gold.
You can travel anywhere with Bitcoin, Buyers are readily available whenever you want to sell, the most secured form of money, super inflation hedge, only 21 million Bitcoin can ever be printed or exist whereas no one knows the amount of Gold that will ever exist.
You can travel anywhere with Bitcoin, Buyers are readily available whenever you want to sell, the most secured form of money, super inflation hedge, only 21 million Bitcoin can ever be printed or exist whereas no one knows the amount of Gold that will ever exist.
Investment is always aimed at the future. Bitcoin and Gold are currently the best investment choices I think. Gold is not bad in its price growth. although not like Bitcoin which is growing very rapidly. Gold is indeed more stable but currently, its enthusiasts are not decreasing.
we cannot bring gold to transact but with Bitcoin, as you said we can travel with it. As long as there are goods and services providers willing to accept Bitcoin as a means of transaction, using Bitcoin will not be constrained by our region.
We've often discussed this subject matter in various threads here; however, I'm not choosing Bitcoin over Gold base on the fact that I love Bitcoin, I like Gold too, but I'm choosing Bitcoin over Gold because Bitcoin has obviously outperformed base on few years of existential and track records, and in so many ways, it is way more beneficial to own Bitcoin this 21st century than owing Gold, also in terms of Bitcoin being money and a recognized freedom form of money and a medium of exchange globally, whereas the government controls Gold.
You can travel anywhere with Bitcoin, Buyers are readily available whenever you want to sell, the most secured form of money, super inflation hedge, only 21 million Bitcoin can ever be printed or exist whereas no one knows the amount of Gold that will ever exist.
You can travel anywhere with Bitcoin, Buyers are readily available whenever you want to sell, the most secured form of money, super inflation hedge, only 21 million Bitcoin can ever be printed or exist whereas no one knows the amount of Gold that will ever exist.
Gold and bitcoin may become long term profitable investments.
Yes, both of them can be wealthy assets that someone can possess. However, that would depend on our risk appetite. If we are risk takers, bitcoin seems to be the best choice, but if we want a safe investment, gold is way better. That is why we should first know our capabilities before looking at results. Some people say high risk, high returns, which totally points to bitcoin. But the question is if we could really afford to take the volatility of the market. Many people invest in bitcoin and lose due to mishandling of funds and emotional stress, which is not a good indication that bitcoin is meant for them. Our mindset and personal behavior are big factors when choosing which of the two to invest in. It was not choosing which one was more profitable but instead looking into our capabilities because the results depend on how we manage our investment.
Gold and bitcoin may actually become long term profitable investments. However, aside from its similarities, there are also some remarkable advantages that only bitcoin can offer. While gold cannot beat inflation, bitcoin on the other hand has always an edge over inflation. Bitcoin's decentralization and high security create signs of superiority compared to gold, although not everyone has seen this reality.
Between gold and bitcoin I would choose bitcoin. Because Bitcoin is ahead of gold in every way. In terms of investment, investing in gold can never be better than Bitcoin. Because gold doesn't pump and dump as high as Bitcoin, gold is a stable investment. Gold is known as a safe asset because its price remains relatively stable. There is no risk in investing in gold but there is no profit in it. Because its value increases very little. But in this case bitcoin is riskier than gold but it grows comparatively much more and provides much more profit in long time holding. I will never say to invest in gold, it is best to invest in bitcoin. And gold can only be used for saving your money without risk.
On this aspect, people can choose their preference, assurance, high-risk investment or both. If you have the means, you can always choose both to get the benefits of both assets. We can't dictate someone to just invest in one if they want to.
As an investor, you can always gauge your options. List your pros and cons, your allowable budget, your constraints, possible limitations, and other unknown circumstances that may possibly happen to what will you venture with.
Gold is a very old metal and is a very strong asset which is why it is also used for a country's foreign reserve. Gold is considered a stable asset and is believed to act against inflation. Bitcoin is not a stable coin it is very volatile so from here huge amount of profit can be made in very short time which is not possible with gold. So it is entirely a personal matter of a person which one he invests in. Because he himself knows how much risk he is capable of taking. Risk is very low in gold but risk is high in Bitcoin.
I would suggest investing in both because gold is a precious metal that we have no chance of mistrusting. And on the other hand, Bitcoin is a valuable digital currency in the modern world that will generate more value in the future. And at the same time this Bitcoin will become a widely used coin like fiat money in the future.
I would suggest investing in both because gold is a precious metal that we have no chance of mistrusting. And on the other hand, Bitcoin is a valuable digital currency in the modern world that will generate more value in the future. And at the same time this Bitcoin will become a widely used coin like fiat money in the future.
Between gold and bitcoin I would choose bitcoin. Because Bitcoin is ahead of gold in every way. In terms of investment, investing in gold can never be better than Bitcoin. Because gold doesn't pump and dump as high as Bitcoin, gold is a stable investment. Gold is known as a safe asset because its price remains relatively stable. There is no risk in investing in gold but there is no profit in it. Because its value increases very little. But in this case bitcoin is riskier than gold but it grows comparatively much more and provides much more profit in long time holding. I will never say to invest in gold, it is best to invest in bitcoin. And gold can only be used for saving your money without risk.
Gold is way less volatile than Bitcoin, that's true. The price can fall, but generally we're talking about a 10-20% drop over the course of months. Bitcoin can easily drop by 60%, 70%. That means that gold is better for risk-averse people, who really care about how much they might lose if they need to cash out during the bear market.
But gold is also generally not nearly as profitable as Bitcoin in the long run, although with such limited growth of Bitcoin between 2021 and 2024 it's hard to say if it's still the case.
But gold is also generally not nearly as profitable as Bitcoin in the long run, although with such limited growth of Bitcoin between 2021 and 2024 it's hard to say if it's still the case.
With some quite significant differences between Bitcoin and gold, it is very clear that if you ask which one is worth investing in, it all depends on what we expect in the future because both items are equally worthy of investment due to the scarcity of available items, so it comes back to what our investment goals are because the prices of both tend to continue to increase from year to year, but for gold the price is stable and the risk is also small.
One can totally decide to invest in both. But I think the best strategy is to invest in bitcoin first and when it comes to fruition, then follow investing in gold. That way, in times you will not make any profit from bitcoin, at least you have gold to back up bitcoin. Or the vice versa. However, if ask which asset is more profitable, no doubt its bitcoin. But bear in mind that bitcoin cannot guarantee us consistent profits that’s why we have to diversify our investments as well and make sure you also have gold in your investment portfolio.
If we can manage to invest in both, why not? Both are actually profitable in the long run. However, it's undeniable that bitcoin creates more ROI and is more valuable than gold when held for long term. While gold slowly manage to increase its price every now and then, but with bitcoin, everything is like a roller coaster. It may instantly reach an all time high without us knowing, but it may also go down and dump its value in some uncertain times, however the good thing is bitcoin will always recover and will settle again in a much higher and more expensive price.
Both are volatile but bitcoin is more volatile which means people would still have a chance to earn profit while gold isn't. You may hold gold physically but if you find a gold and wanted to sell it then the price won't be the same because if you have found a gold, the purity of it isn't 100% gold so it will become less unlike bitcoin where there's no such thing as pure bitcoin and non-pure bitcoin. In short, bitcoin and gold will never be the same. I'd choose bitcoin to invest but if you have lots of money then you investing in gold shouldn't be a problem.
Both of them are worth investing, if you have the funds you can put your money in the two assets. The risk-averse investor will obviously choose the more stable asset, which is gold. It may not multiply their money as much as BTC will in the long run, but they are sure their asset isn't going to quickly drop large % in a few hours and rise again the next day.
I am currently investing more in BTC, i think i am at the age were i am open to the volatility risks in BTC and i am fine with it. I know of BTC's utility and value and i am sure that my money cannot 'disappear', so i simply forget about dumps, fud, etc. So it is up to you, what do you want, what kind of risks are you open to, etc.
I am currently investing more in BTC, i think i am at the age were i am open to the volatility risks in BTC and i am fine with it. I know of BTC's utility and value and i am sure that my money cannot 'disappear', so i simply forget about dumps, fud, etc. So it is up to you, what do you want, what kind of risks are you open to, etc.
With some quite significant differences between Bitcoin and gold, it is very clear that if you ask which one is worth investing in, it all depends on what we expect in the future because both items are equally worthy of investment due to the scarcity of available items, so it comes back to what our investment goals are because the prices of both tend to continue to increase from year to year, but for gold the price is stable and the risk is also small.
This topic has been brought up at least 10k times since the time I joined the forum back in 2016.
Wow - isn't that too much, ChiBitCTy? LOLLet me break it down for those truly wondering about this topic...gold and bitcoin are DIFFERENT, and are NOT one in the same. In a truly "proper" portfolio both gold and bitcoin can be a nice asset to have, but one does NOT replace the other, as they are NOT like items. Gold is a legit physical item, used for jewelry, electronics etc..bitcoin is a digital currency, and not one in the same.
Own both, if you can.
You are right - gold and bitcoin are never the same. We don't need to explain much about the differences between the two because the average user probably already understands. Gold and bitcoin are both investment assets worth considering - choose one or both depending on your financial ability. I own both - not much, but enough to hopefully get a good return when the market grows bigger. Own both, if you can.
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