Gold vs Btc - page 2. | Bitcointalksearch.org

aylabadia05

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Quote from: Vaculin on January 20, 2024, 01:11:13 PM

Quote from: aylabadia05 on January 19, 2024, 01:27:51 PM

Bitcoin is better but certainly more risky than gold. However, both gold and bitcoin are safe for long term investments. So I think there’s no need for us to choose but to invest in both for our retirement. Although it’s clear that bitcoin profits are bigger than gold, but if you have stored tons of gold, you will also make it big in the long run. Both are actually profitable in the long run, we just have to manage their risks individually.

If there is something that is easier to manage and has faster annual returns, which one will you choose? Surely you will choose the one that is easier and faster.
Something that is not necessarily real is like storing tons of gold, so it is better to think of something that is more real and within reach.

Gold is good as an investment asset because it is able to maintain value, Bitcoin is also good as an investment asset that is able to maintain value. Because Bitcoin is easier, putting Bitcoin second is not an option in my opinion. Regarding risks, everyone has risks.
Choosing both and trying to balance between BTC and gold is necessary for the future. Want to be fast, of course BTC is a priority.

Vaculin

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Quote from: aylabadia05 on January 19, 2024, 01:27:51 PM

Quote from: God bless u on January 19, 2024, 01:07:39 PM

I always prefer bitcoin because bitcoin is more profitable coin then gold and if any one invests it can make the investor rich in one year but gold the price of the gold gradually increases,
I know bitcoin is a risky, but if the person who is invested properly and waited for it with patience it can turn a person from poor to rich in a few years.

I choose both gold and Bitcoin.
Gold is an investment asset and I can also use Bitcoin as a long-term investment asset even though Bitcoin is a currency that can be used like physical currency to make payments.
So far, gold can only be used as an investment asset, but it is very rare to use it like currency to pay for something and gold is no longer called currency.

Bitcoin has risks because its price can change at any time, but Bitcoin has been proven to be a better hedge than gold.
Gold prices have increased, but slowly.
Gold and Bitcoin are always a long discussion and discussion, but if you do research on who is the best as a hedge, Bitcoin is better.

Bitcoin is better but certainly more risky than gold. However, both gold and bitcoin are safe for long term investments. So I think there’s no need for us to choose but to invest in both for our retirement. Although it’s clear that bitcoin profits are bigger than gold, but if you have stored tons of gold, you will also make it big in the long run. Both are actually profitable in the long run, we just have to manage their risks individually.

FinePoine0

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Quote from: promise444c5 on November 13, 2023, 06:42:31 AM

I was going through twitter post today and I came across a post. Then I wondered what about hypes from medias and the success behind Gold or is it only out of trading it falls before gaining it balance back.

Gold isn't much stable but can be volatile and I guess traders make some profit out of its volatility. However ,BTcC is more volatile compare to Gold , but why is Btc still preferred over Gold .
In my view, I believe most people store their assets as Gold because Gold is less volatile compared to BTC
But what about choice between Gold to BTC this image should determine

https://twitter.com/TheBTCTherapist/status/1724011723726655577?t=KoU4wY5CWS_n5hNe1KKZ-g&s=19

This is somehow funny though if you've invested in Gold then compared to now Tongue

Gold was introduced in the past but nowadays Bitcoin is the most popular because Bitcoin has the most benefits. But comparatively if you buy gold you will get limited benefit, from which you are likely to lose very easily. But Bitcoin is one of the coins where there is a very low chance of loss as the price of Bitcoin is constantly increasing. And Bitcoin is becoming more and more attractive as a simple solution where investors can reap the benefits.

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Quote from: shawonngp on January 13, 2024, 11:29:11 AM

The price of gold has gradually increased over the fast few years and it continues, people have a high confidence to hold in it because it's relatively less risk free or you can say less risky compared to other investments and I have good investment in gold it was started from few years ago. But young generation are very attracted to invest in Bitcoin they want to risk for high profit.

The price of gold is very volatile just like the price of Bitcoin but I would always prefer Bitcoin gold since Bitcoin can be hold for as long as we like and the price is not as manipulative like the price of gold. The government are the one that is controlling the price of Gold and it is different from the way Bitcoin operates. Since the launch of Bitcoin, the price had been moving gradually from zero to the current price it is now. I see more opportunities in Bitcoin compared to hold.

aylabadia05

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Quote from: God bless u on January 19, 2024, 01:07:39 PM

I always prefer bitcoin because bitcoin is more profitable coin then gold and if any one invests it can make the investor rich in one year but gold the price of the gold gradually increases,
I know bitcoin is a risky, but if the person who is invested properly and waited for it with patience it can turn a person from poor to rich in a few years.

I choose both gold and Bitcoin.
Gold is an investment asset and I can also use Bitcoin as a long-term investment asset even though Bitcoin is a currency that can be used like physical currency to make payments.
So far, gold can only be used as an investment asset, but it is very rare to use it like currency to pay for something and gold is no longer called currency.

Bitcoin has risks because its price can change at any time, but Bitcoin has been proven to be a better hedge than gold.
Gold prices have increased, but slowly.
Gold and Bitcoin are always a long discussion and discussion, but if you do research on who is the best as a hedge, Bitcoin is better.

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Quote from: shawonngp on January 13, 2024, 11:29:11 AM

The price of gold has gradually increased over the fast few years and it continues, people have a high confidence to hold in it because it's relatively less risk free or you can say less risky compared to other investments and I have good investment in gold it was started from few years ago. But young generation are very attracted to invest in Bitcoin they want to risk for high profit.

I always prefer bitcoin because bitcoin is more profitable coin then gold and if any one invests it can make the investor rich in one year but gold the price of the gold gradually increases,
I know bitcoin is a risky, but if the person who is invested properly and waited for it with patience it can turn a person from poor to rich in a few years.

nomankhan

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This is my personal opinion I think bitcoin is better than gold

Sandra_hakeem

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Quote from: mk4 on November 13, 2023, 07:29:18 AM

Gold is simply old generation. It might have served people well in the past, but today's generation will unlikely be attracted to gold as a SoV due to digitization of everything and because of the rise of nomad entrepreneurs.

Exactly! To me, HODLing Gold feels like some wild in-stock of malleable metals.., with a very high volatility but has a low proportion of increase in value overtime... I dunno how the market is controlled but since it doesn't have any Blockchains -- sort of -- then it's definitely not decentralized.

Bitcoin remains a currency -- it doesn't need anymore validations to do so... I'd say that this whole decentralization is the bedrock of every annual success for Bitcoin HODLers..

Sandra 🧑‍🦰

Benedictare

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Gold and Bitcoin gives various effects and commitment . Bitcoin is more likely to change in a very sudden or extreme way in investment which can give fast and high potential for high return because it rise rapidly in value ,also different in a way that is very obvious, highly liquid in asset. In trading crypto its not just being discussed to government regulation, making it more capable of bending.

Bitcoin is always compared to Gold because of its belongings to the basic nature properties which allows it a strong store value mainly its scarcity. Bitcoin is absolutely finite. While Gold is infinite, its a bit stable but has limited growth potential .

Games.Bitcoin

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Controversy, volatility, and potential between gold and bitcoin as asset of value have spawned. Gold is sought as a trusted store of value in times of economic uncertainty. But the price of gold in the market also goes up and down. other hand, Bitcoin has emerged as a digital currency of technological innovation and global accessibility. Trading between gold and bitcoin ultimately depends on a person's risk tolerance, investment objectives.

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Gold has long been valued as a stable, real asset, and many trust its enduring presence. But times are changing. Bitcoin is viewed as a game-changer, offering hope as a new technology with rapid growth potential. While it lacks a physical presence like gold, people are excited about the essence that Bitcoin brings. Boomers tend to lean towards trusting gold more, rooted in tradition, while the generation after them is more drawn to the possibilities of Bitcoin. It's a shift in belief, with gold symbolizing stability from the past, and Bitcoin representing a new wave of optimism for the future.

Actually Bitcoin is going up in price more than gold, I often look at its price chart to see if you just take the example of the last one year, how Bitcoin was down. If some people have invested in it, take it as an example, A man but bitcoin when it was at 20k dollars, but its price is above 40k now, which means that it has almost doubled. If so, we would invest more in Bitcoin than now we have too much benefit , on the other hand gold which is growing at a very slow rate, if you compare it to Bitcoin. If you agree, the bitcoin can make a person poorest can also make him richest

wtsimis

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Gold and Bitcoin are both valuable asset in the current digital age. Gold is something we can actually see and is a permanent stable asset that is value as a real asset. On the other hand, Bitcoin is a virtual currency. which has no presence in reality. Bitcoin has presented itself as an attractive investment platform in the world of decentralized finance.which continues to rise in value along with gold.People who are involved in Bitcoin and have a thorough understanding of Bitcoin are not willing to invest in anything other than Bitcoin.But it can be quite challnging to explain digital currency to those who are completely unfemiliar with Bitcoin or the intricacies of digital currency.

nakamura12

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Gold is indeed less risky compared to other investments but still it doesn't mean it's not risky at all. Gold may be existed for many years and many people know it has value and many people prefer gold since they don't have to do much at all but only to hide it or put it in a vault unlike crypto where if you don't know how to keep it safe then there's a chance of it getting stolen. Anyway, crypto like bitcoin have more chance of earning more money compared to gold but as many have said that it's risky then so what?, It's our decision and not yours if we invest in crypto or not.

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Quote from: shawonngp on January 13, 2024, 11:29:11 AM

The price of gold has gradually increased over the fast few years and it continues, people have a high confidence to hold in it because it's relatively less risk free or you can say less risky compared to other investments and I have good investment in gold it was started from few years ago. But young generation are very attracted to invest in Bitcoin they want to risk for high profit.

The young generation isn't wrong. The world is moving forward at an enormous pace, and those who hold back will stay behind for sure. So, taking risks and accepting challenges is the only way to move forward because you can't just stick with traditional modes and depend on them your whole life, you will eventually have to upgrade and challenge yourself and take some risks and who knows, the risks might change your life for once and for all.

There is no doubt that gold is and has been a great investment asset it has been around for centuries which is the reason why it's considered one of the most safest and profitable investment methods for centuries, however, those who invest in gold will have to wait longer to get some profit while one might get multiple folds of their investment in that time with Bitcoin.

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Gold and BTC both have their advantages and disadvantages. I am more interested in Bitcoin. Gold give less profit while Bitcoin give good amount of profit in same time period. Gold is stable and is being used as a store of value since ancient times. Bitcoin is new to the scene but chances are that it will not replace Gold as a store of value. BTC ETF approval is a good step toward bitcoin dominance but we still have a lot to see in the coming future.

Vaculin

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Quote from: mk4 on November 13, 2023, 07:29:18 AM

Gold is simply old generation. It might have served people well in the past, but today's generation will unlikely be attracted to gold as a SoV due to digitization of everything and because of the rise of nomad entrepreneurs.

It may still be serving current people these days but only for those who still prefer traditional investment, while the new generation highly prefer digital currency most especially bitcoin which gained the most demand in the market. However, investing in both, gold and bitcoin will certainly create a maximum profitability, but the amount of capital needed will also be quite huge.

shawonngp

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The price of gold has gradually increased over the fast few years and it continues, people have a high confidence to hold in it because it's relatively less risk free or you can say less risky compared to other investments and I have good investment in gold it was started from few years ago. But young generation are very attracted to invest in Bitcoin they want to risk for high profit.

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Quote from: Fuso.hp on November 30, 2023, 12:08:05 AM

Currently, the price of Bitcoin is steadily increasing with the price of gold increasing slightly. A few days ago I was looking at a report in which it was said that the price of gold has increased the most this year. Bitcoin and gold are compared to each other because they are both very valuable. Bitcoin is the most valuable digital currency among cryptocurrencies while gold is one of the most precious metals in the world. Gold vs Bitcoin is being done here because those of us who are involved in cryptocurrencies feel that Bitcoin is a much better investment platform than gold for investing. I'm involved with bitcoin so I'll accept it but no matter how much you convince people who are not involved with bitcoin they will never buy bitcoin instead of gold because they have no idea about bitcoin. Anyone who has an idea about the subject will give more importance to the subject as we give to Bitcoin.

Agree with this mate every year the price of gold is increasing while Bitcoin the price is volatile every now and then there's a chance of high price or else low prices so we must not compare gold and Bitcoin cause like what you said in crypto industry Bitcoin is the king and trusted enough to hold while gold is one of the most precious stone on earth. But in reality it's good enough to have gold like neck lace or bracelet or even earrings cause if there's an emergency then we can sell or pawn to the nearest shop.

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Good old Peter Schiff hey, I believe his son is actually involved with Bitcoin. I have a feeling they have a good cop, bad cop thing going on. It wouldn’t surprise me if Peter Schiff does own Bitcoin, he’s been aware of it for a very long time & has had dialogue with well known Bitcoin advocates. As for Gold vs Bitcoin, there is no competition, Bitcoin for the win.

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Quote from: mk4 on November 13, 2023, 07:29:18 AM

Gold is simply old generation. It might have served people well in the past, but today's generation will unlikely be attracted to gold as a SoV due to digitization of everything and because of the rise of nomad entrepreneurs.

That's right. It is clear that the bitcoin market has absorbed a small part of the gold market as a store of value. Some like Saylor speculate that it will absorb it all but I doubt it because gold has a lot of use as a (bad) store of value in the form of costume jewelry, but what is clear is that in the digital age bitcoin is going to be preferable to gold, although they can coexist, and I myself have some gold, but in dollar countervalue considerably less than my bitcoin holdings.

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