Topic: Hold Bitcoin VS Hold Gold - page 5. (Read 1052 times)
I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future
It is not one or another imo.
IMO as well. I hold both actually, although the amount of gold I have is much less. But it doesn't make sense to buy gold to not hold it because the buying and selling fees eat you up. It is not an asset to speculate in the short term, nor in the medium term I would say. Bitcoin has more advantages, the main one being digital and being able to transport and transfer large amounts very easily, which is impractical with gold.
So the best thing to do is to hold both.
As an important pledged treasure in history, gold has assumed the important role of pledged lending in economic development, promoted the circulation of spot goods, and benefited economic development. More, it assumes the function of loan records, so yes, money is a huge database, which records the credit relationship between characters, so in general, Bitcoin is the best kind of money, it is easy to use, It is safe and reliable, free from third-party interference, and directly accessible from any region. It will be widely used in the future.
It's confusing when people keep comparing gold and bitcoin, I don't know what they are trying to prove when everyone has their own choice. And most of all, we can invest in both because no one is stopping us from doing it. You are right, even if bitcoin is 10 or 100 times better than gold, investing all of your money in bitcoin is a stupid idea, and diversification has always been the key to our success. Both are investments yielding good results, so I would choose both instead of comparing and slandering each other.
You raise a valid point regarding the comparison between gold and Bitcoin. It is indeed a matter of personal choice, and there is no need to prove one superior to the other. While it is legal to choose gold and Bitcoin as an investment, I think it is also important to consider the different characteristics and risks associated with each as brother @ItsCrafty Explains.
Gold has a long-standing track record as a store of value, while Bitcoin represents a newer and more technologically innovative investment option. By diversifying one's portfolio, individuals can potentially benefit from the unique advantages and reduce the risks associated with each asset class.
This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so. As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.
Diversification is key, that's what it's all about. One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin. So there's no just one flat answer to be had here.
Bitcoin and gold are two different assets with different characteristics. Bitcoin is a digital form of money or asset that operates on blockchain technology. It offers the potential for high volatility and significant returns but also carries higher risks due to market trading trends and other factors. Gold, on the other hand, is a physical asset with dynamic characteristics and importance regarding trading and storing value. It provides stability and acts as a border against inflation and economic uncertainties, while Bitcoin offers the potential for quick gains. Gold offers a more traditional and proven method of preserving wealth over the long term (by holding or investing). In order to balance risk and reward, investors should diversify their investment and also consider their individual goals and targets when choosing between the two..
This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so. As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.
Diversification is key, that's what it's all about. One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin. So there's no just one flat answer to be had here.
Diversification is key, that's what it's all about. One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin. So there's no just one flat answer to be had here.
It's confusing when people keep comparing gold and bitcoin, I don't know what they are trying to prove when everyone has their own choice. And most of all, we can invest in both because no one is stopping us from doing it. You are right, even if bitcoin is 10 or 100 times better than gold, investing all of your money in bitcoin is a stupid idea, and diversification has always been the key to our success. Both are investments yielding good results, so I would choose both instead of comparing and slandering each other.
both remain a good investment depending on how we manage it in the future. not everyone knows about bitcoin, but everyone can use gold. If you are good enough at managing bitcoin then bitcoin will be a great choice, in fact you can extend that to have other types of investments. As for gold, you may hold onto it long enough and it only increases in value a little. Either way, both are still great options, it's just that they need to be tailored to your needs. I think, people also feel that both are good investments since long time ago, the proof is, bitcoin and gold have both survived and are still the recommended choice until now, moreover the price also tends to increase.
This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so. As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.
Diversification is key, that's what it's all about. One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin. So there's no just one flat answer to be had here.
Diversification is key, that's what it's all about. One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin. So there's no just one flat answer to be had here.
Whether you want to invest in Bitcoin or gold is entirely up to you. And I'd say I care more about Bitcoin because the price of Bitcoin rises more than the price of gold.
And I'm also willing to take risks which is why I'd prefer Bitcoin over listening. The Bitcoin market has seen the most price ups and downs and investing in down markets, selling in up markets, is the most profitable and most profitable if held long-term This is why I hold Bitcoin.
And I'm also willing to take risks which is why I'd prefer Bitcoin over listening. The Bitcoin market has seen the most price ups and downs and investing in down markets, selling in up markets, is the most profitable and most profitable if held long-term This is why I hold Bitcoin.
The post is quite lengthy, don't need an extensive explanation about gold and Bitcoin.
Oh shit - you have no idea what the motive is? LOLBitcoin, being a decentralized cryptocurrency, does not have a direct connection or function with gold. However, both can be seen as investment opportunities. Gold is known for its stable price and low volatility, while Bitcoin is highly volatile. Investing in gold may yield limited profits, while investing in Bitcoin can result in significant gains or losses. That's the essence of it.
Besides the probability of return on investment bitcoin is much higher than gold - but anyone who does not like the high volatility of bitcoin prices can choose gold as a wise option in their investment plan. Both are profitable - but also risky.
Thanks for all the info you gave us! I personally hold both gold and bitcoin. I mean, why not if you have the opportunity?
Both ad his own value as an asset.Because people with more knowledge will split their investment into two and inverse one half in bitcoin and second half in the gold.This two will be the most valuable asset.Gold will give you profit in long run,it’s essential one to hold your investment in gold coins as compared to gold jewellery.Because the gold coins value are always stable one.
It is well written but I think op should have expatiate more on Bitcoin for those that would like to know and invest in Bitcoin.
We know that Bitcoin is more expensive than gold even though gold had been in existence before now. Bitcoin is still young in the market compared to gold but there are plenty gains we can make from Bitcoin that gold can not give.
The comparison op had listed between and Bitcoin is not as clear as I expected but we all know that there are people that would sell there gold to Bitcoin because of how volatile it is with possible of making a good profits if we are patient as investors. We can also make money from Bitcoin through Staking, mining, trading, lending etc but gold can not provide that kind of multiple income for us.
We know that Bitcoin is more expensive than gold even though gold had been in existence before now. Bitcoin is still young in the market compared to gold but there are plenty gains we can make from Bitcoin that gold can not give.
The comparison op had listed between and Bitcoin is not as clear as I expected but we all know that there are people that would sell there gold to Bitcoin because of how volatile it is with possible of making a good profits if we are patient as investors. We can also make money from Bitcoin through Staking, mining, trading, lending etc but gold can not provide that kind of multiple income for us.
The post is quite lengthy, don't need an extensive explanation about gold and Bitcoin. Bitcoin, being a decentralized cryptocurrency, does not have a direct connection or function with gold. However, both can be seen as investment opportunities. Gold is known for its stable price and low volatility, while Bitcoin is highly volatile. Investing in gold may yield limited profits, while investing in Bitcoin can result in significant gains or losses. That's the essence of it.
If you're the type of investor that's diversifying and able to have both gold and bitcoin, there's certainly no need to think of which you should hold. These are both good investments but with limited budget and funds for investments, I'll choose to have what I've known being better and that's bitcoin. While we see the institutional drive that's happening in bitcoin, this is like still a fresh market for them. And they do understand that being one of the earliest and first on this market will give them dominance and advantage and that's what they're taking from investing in Bitcoin. In gold, those who are also early on that game are surely making their profits easily.
@pmemorex, you're saying that you're expert in investing in crypto and you can help people with such? Then why you even made a thread that you've been scammed?
@pmemorex, you're saying that you're expert in investing in crypto and you can help people with such? Then why you even made a thread that you've been scammed?
Both are risky, gold is difficult to store as well as to move. As for bitcoin, although it offers high returns and convenient storage, the future is more uncertain and unsafe than gold. So we should diversify and should invest in both. But I like risk and can accept risk, so I will prefer to invest in bitcoin over gold, and I hope like others can make big profits from bitcoin.
The future of Bitcoin is massive once the global adoption achieved. Gold is already adapted globally which is why the price is already stabled for long term. I doubt it's future is more beneficial than Bitcoin that promise more return and safe storage.
First of all basic assumption i am taking is that holding is for a better gain in future. Now if you compare an overall return of let's say even last 10 years of both bitcoin and gold you'll have your answer. But I would edit you on one thing. It's absolutely wrong to say that gold has no monetary functions many governments make use of gold as an instrument to borrow large sums of money so told definitely is a good monetary asset even used by bit government but for a personal holding option, obviously bitcoin is better.
Gold and Bitcoin, they both have a very good reputation. One was created over many centuries, and one over decades. Can we not expect for bitcoin to keep this reputation over centuries? Yes, it is possible, and somehow I think it will happen. Now when it comes to holding preference, different people have different opinion. Security, trust, reputation, storing capability, usefulness, profits from investment. Based on which one they prefer the most, they will choose that. It is already explained in the OP, so I will not drag this topic any further. You got the idea.
Those who like non-volatile risk-free investment, gold will be the best choice. On the other hand, if you like to take risk and want to explore the technology, go for Bitcoin.
My advice is, why not do both? One is going to give you profit for sure, but the amount will be less, and it has to be a long term plan. And the other will give you profit, also in long term, but if the market is in your favor, the amount could be life changing.
So try both and see what suites best for you. None of them are bad investment plans if executed perfectly.
Those who like non-volatile risk-free investment, gold will be the best choice. On the other hand, if you like to take risk and want to explore the technology, go for Bitcoin.
My advice is, why not do both? One is going to give you profit for sure, but the amount will be less, and it has to be a long term plan. And the other will give you profit, also in long term, but if the market is in your favor, the amount could be life changing.
So try both and see what suites best for you. None of them are bad investment plans if executed perfectly.
Iam expert in crypto and investing i can help you a lot
Be wary of any "help" this troll may offer. He is just a cheap beggar, possibly even a scammer.
Reference topics: https://bitcointalksearch.org/topic/crypto-scam-5457140
I don't really like to pick favorites between the two since I've placed investments in both and they are coming up nicely (Don't wanna jinx it lmao). But they certainly cater to differing customer bases. Gold on one hand is for people who wanted a secure and consistent upstream of income that they can also use at the same time in the form of jewelry. On the other hand people who invest in bitcoin, to me are those who are more piqued by the higher chances of profit at the expense of taking huge risks in the process, which is not so bad either since most of them are able to gauge their capacity for taking risks eventually in their investment journey. People who invest in both are those who are willing to diversify and increase chances of earning profit in multiple ventures, and those who are calculated as well in their risk-taking.
Ultimately, I won't be the guy to tell you that one is better than the other, or that you should not invest in this one cause reasons, the decision lies upon the money holder.
Ultimately, I won't be the guy to tell you that one is better than the other, or that you should not invest in this one cause reasons, the decision lies upon the money holder.
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