So Bitcoin is better than Gold?
I have seen related topic like this... but by the way I guess bitcoin is much better on gold because unlike gold bitcoin has unstable price so there's a chance that its price goes up or maybe fall hence it is very risky. But we know that the higher risk the higher profit will you get.
Last day the price of bitcoin did even surpass the normal value of gold. But when it comes to popular, gold will still the winner on it. But for us who are into bitcoin, well it's a real deal that bitcoin is better. It has a lot of feature and usage unlike gold, it's only good for investment and for being used for different jewelries.
I think that people from the bitcoin community rarely use gold to invest. After all, bitcoin has many advantages. The main of which is a rapid price increase
We might rarely use gold but if you are an investor and you are widening your investments, gold is a good choice. But with bitcoin, you are having a complete package of investment so why there's a need to look for some investment. I want to invest in gold but maybe it will happen 5 years onward but not today.
Why would you want to invest in gold if you have bitcoin? Gold might be a good investment, but Bitcoin is better. I know you've seen the price of bitcoin which is really unpredictable and changes so fast, that is a proof bitcoin to be good investment. It will give you a huge profit than Gold. Gold is not that volatile unlike bitcoin, so why invest in Gold, not on bitcoin?
It's all about the profiting power and if you have bitcoin then it's better to have both of it. Since gold investment is almost the same in bitcoin, you don't have get too much exhausted on it and you can also sell it to those people or companies that are using gold as their main material for their products.
I want to invest in gold but maybe it will happen 5 years onward but not today.
You're of course free to do what you want, but why consider investing into something with a relatively low return potential? It makes no sense to me considering that you're aware of Bitcoin's potential growth. Just look at the 1 or 2 year gold charts -- you'll notice how poor gold has been performing price wise. Put that against the high level of growth Bitcoin has gone through in the last years....
Well if you are an optimistic person, even the possible return isn't that high but as long as there is return that would be fine. You have bitcoin as your main investment and you have some other sub investments but well, it's not going to happen for now, I'm still planning it.