Topic: Do you still have thoughts of picking Gold over Bitcoin, read this. - page 7. (Read 913 times)

Gold is a physical currency from ancient ancient times. Gold is now a global general currency, and everyone will choose one of the investments.
Now investment gold has no investment Bitcoin is because of the popularity of bitcoin, there is no stage that knows the world. For gold is a household name.
Bitcoin is not globally used because some countries are not allowed to use Bitcoin.
Investment gold is because it is stable, there is no risk, and bitcoin is a big risk, and it is necessary to understand the encrypted currency before investment.



However, Bitcoin is also advantageous:

• Gold is controlled, you can't bring it freely, Bitcoin is not controlled, and there is no country in the chain address.
• Bitcoin cannot fake, gold verification is too much trouble.
• Bitcoin is easy to carry, the unit is minimum is 8 digits after the decimal point, Cong.

Investment gold is also very good, it is more stable, it may just lack the adventure.
If the funds are sufficient, you can invest two.

Gold investment is deeply rooted in the hearts of the people and is widely accepted. The sudden emergence of Bitcoin is full of sense of the future and imagination.

The commonality between gold and Bitcoin, that is, the most special place, is that they are all related to currency: gold is an ancient currency that has been proven by history, and Bitcoin is a future currency to be tested. Gold has been a universal currency in the world for a long time in history. Even under the modern monetary system, gold still functions as a currency, becoming a tool for national and personal investment and preservation; as a great blockchain technology The application of Bitcoin, which came out as a form of virtual currency, is a great experiment to explore the development of future currency.

Due to the volatility of Bitcoin, it may be less risky for most people to invest in gold, and many people are realists. People who invest in Bitcoin are like venture capital institutions. They value the future, a clear economic model, a clear source of profit, and an untouchable industry ceiling. My idea is the same, to allocate the expendable funds rationally, invest in Bitcoin, and invest in the future. I still have faith.

First of all, you have to realize. Which has seen the highest growth in the last few years?
The price of gold has remained almost unchanged over the years or has changed very little. In the last few years, the growth rate of Bitcoin has been 100 times higher than that of Gold. So it doesn't work to compare Bitcoin with gold. Gold will never come close to the growth rate of Bitcoin.

If the adoption of Bitcoin continues to grow, I believe its market cap will exceed 10 trillion in the next few years (not only I but also all over the world). That's why in the meantime young generations start putting in a part of their savings in Bitcoin, not in Gold.

Gold is for weak-hearted old people, New generation is always welcome to changes/revolution.

People do not consider gold to be more profitable, they only consider it as a store of value. Although, Bitcoin can also be considered as a store of value but the price volatility still make it to be considered as a speculative asset. Gold price is not volatile like that of Bitcoin, while the marketcap of gold is over $10 trillion. Because of this, many many people prefer gold, but I am not disputing the fact that Bitcoin holding is more profitable than buying gold, it is distinctly obvious that holding Bitcoin is more profitable.

If not trading, I do not see any risk there, if someone buy Bitcoin at the present price of $45000 with just $450, even if Bitcoin price decreased to $4500 (which I think can not be possible again), the person will still have $45. If the person hold $45, the person will still have $4.5. if the person hold $4.5, the person will still have $0.45. But, it is certain that the price of bitcoin will reach all-time-high again, while the person will get back his/her fund and make more profits. Bitcoin price is even not likely to plummet to such low price again while increasing above $100000 is very possible than the price to decrease to that extent I used as an example.

I have posted similarly before , this will interest you to read. I did not know much about the news authenticity, but what was on the news is that US dollar price devaluation has been what has been making gold price to have been increasing since 1980:


When compared with Bitcoin, Bitcoin was around $10000 at the time, it was said that the US dollar devaluation as a result of inflation is only responsible for $2000 price increase. So, it is obvious that investing in Bitcoin is more profitable even as the price significantly increased during last decade. No asset as perform/increased like Bitcoin.

No doubt Bitcoin is a good investment as gold even though both are the same profitable for various reasons if we compare them both.  But each of us as potential investors of these two good assets might have a different perspective view upon investing, for those people who are not much techy enough might prefer gold, and those who understand Bitcoin very well and how does it will work will also be considering Bitcoin as a great investment than gold.

Bitcoin will always surpass gold because they had different characteristics and they aren't the same.  When it comes to the supply, Bitcoin has an advantage in the long run because it has a fixed amount of supply while gold wasn't.

That's right, they are like a coin that has different faces.

Bitcoin and Gold are both cool investment. You cannot fully blame those who pick Gold over Bitcoin because Bitcoin has a higher volatility than Gold. Some people prefer slow and steady than something that isn't fully stable. Imagine buying Bitcoin at $46k and then tomorrow morning it's at $43k. You may say it's not a problem because you believe it'll come back up but not everyone can handle it. Both investments have their advantages and disadvantages.

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.


Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.