Topic: Bitcoin VS. GOLD (Read 4323 times)
Gold can be melted and turned into other material. Both are hard to change. Gold and Bitcoin are similar in some regards, but also very different. Gold is a physical thing you can hold in your hand. Bitcoin is electronic data.
In today's times people invest their money in many things. Some people invest in gold and some people in Bitcoin. People who invest in gold. They are getting very little profit from gold. Because the price of gold is not growing at all. But those who invest in Bitcoin. They are getting good profit from Bitcoin. But prices of both Bitcoin and Gold are up and down. Despite this, both are good options for investing.
I think it can not be replaced. But for me, the role of bitcoin is more important than gold, it can be a hoard asset, and can be traded conveniently, quickly.
Most of the time I often hear this question. The value of bitcon is high but it has many changes and has not been accepted all over the world. Gold is a precious metal, it has aesthetic value. I think when bitcoin thrives, it does not affect gold. I think it is unreasonable to say that gold will disappear because of the development of bitcoin. Bitcoin and gold are literally the inverse of each other, and consequently serve very different purposes. Gold is physical, very trusted, extremely adopted and old as the earth itself. Highly liquidable. Bitcoin isn't physical one bit, trusted but not nearly as much as gold. Fairly new and not so adopted as well. Gold serves your physical asset portfolios, Bitcoin and other cryptos are more akin to stock.
That you have become aware of gold’s reality that it is not better than bitcoin, well I think you have spent a lot of time with gold and now you will spend time using bitcoin investment so you will feel the difference yourself, for me bitcoin is best source of making money while gold is only an old fashioned way of storing your money in form of gold which is highly risky as anyone can robe all your Gold as it has physical appearance while bitcoin is digital, no one can steal of snatch. 
for Me I will invest both bitcoin and gold, they have advantages and disadvantage, bitcoin cant touch or no physical form unlike gold you can keep it and touch it. Bitcoin you can transact online using other platform to pay your bill or buy anything,, but gold you need sell it before you used it.
I think we do not know what will happen in the future. As long as both are profitable then investing in both is a good choice. If later one of them loses, we do not have to regret. Do not bother with the existing analyzes, because there is a purpose behind it all. Just do everything you can now, make as much profit as possible before they end.
I prefer to invest money in different things. So I keep them in bitcoins, gold, and real estate. I also like to invest in promising new altcoins. If you have enough money to buy some real estate - it is a great one option as well! Houses and flats are always only going up in price. But definitely, bitcoin wins over gold for profit from the investment.
bitcoin's traits have led to those backing the cryptocurrency to believe it could potentially unseat gold over the long haul
Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.
link for more info: https://payperex.com
If you have a lot of money and you are planning to make investment between bitcoin and gold, my advice for you is to make bitcoin investment because it is more profitable than investment with gold. Some analyst say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.
link for more info: https://payperex.com
i am sure about that bitcoin can replace the gold because gold value is still there but bitcoin value is increasing day by day and we all are too much happy with the value of the bitcoin
In this situation, I tend to invest in gold and bitcoin. Gold is stable and grows quietly but confidently, and bitcoin also soars and falls in price. I'm there where stability.
Bitcoin for now may not be able to replace gold in terms of investment, as gold prices will increase in the market. In contrast to bitcoin, bitcoin prices are now very unpredictable.
At my opinion to choose right asset need to understand what is your main goal. For people who want to save their money for future better to choose gold when for increasing your current amount of money better to use bitcoin.
Gold will have every time good reasons to exist and so gold will never be replaced. Maybe there will be digital gold, that could be Bitcoin, but i think, it's very important, that you have something visible, like Gold.
Gold is always the best metal for exchange in goods and as a investment thing but Bitcoin is an alternate to fiat and it is called the digital currency. We cannot compare Bitcoin and Gold since both are different in terms of usage, present thing and the price volatility. As per my knowledge Bitcoin is far better than Gold if we consider for investment because Bitcoin would give you x10 profit for you investment in a year.
As amazing as a Bitcoin maybe as an investment option, it’s a good idea to compare it with a proven investment option. Of course, I am talking about gold. Here is a quick analysis that compares Bitcoin vs gold.
I would always prefer to go and invest in bitcoin now rather than in anything else, I like gold but I won't go and invest in it as of today, I would prioritize crypotocurrency as you can earn even for a day if you really want to and you know some techniques on how to earn.
well, in my opinion bitcoin can definitely rise and fall from its current value while Gold without any doubt will continuously increase its value as the time goes by. Bitcoin price has many factors to rise including the increase of interest in block chain which is the underlying technology of bitcoin, people may lose their interest and investors may fall down that makes its price fluctuate. Both have different attributes i shouldn't be associated with each other, but definitely can merge together by a project.
I think it can not be replaced. But for me, the role of bitcoin is more important than gold, it can be a hoard asset, and can be traded conveniently, quickly.
As amazing as a Bitcoin maybe as an investment option, it’s a good idea to compare it with a proven investment option. Of course, I am talking about gold. Here is a quick analysis that compares Bitcoin vs gold.
I believe that preference should be given still to digital technologies, and let gold be used for its intended purpose.
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