It looks like we are talking about Derivatives or like Future trade, in this trading art I think it depends on where we understand the characteristics of the asset in fluctuating prices, because people who are accustomed to trading bitcoin which has higher price fluctuations in the price of gold, and people who are not familiar with bitcoin price fluctuations will find it difficult to adapt if they trade in gold with different leverage and price fluctuation characteristics.
For me who is used to bitcoin trading, of course I am more comfortable in bitcoin than gold, I have also tried gold but it is different even though it uses technical analysis from the same understanding.
Topic: Which one is better. Bitcoin or gold? (Read 1318 times)
But investing in bitcoin for the long term (not based on a 4 year cycle) is a wise decision as the demand for it will increase over time and in terms of market capitalization, the growth potential is still huge.
Investing basically means long term and if you want something for short term, it is trading or speculating with the market, but surely not investing.The priority for investing in Bitcoin is for the sake of making profit and also protecting your asset against inflation. So, if I decide to invest into Bitcoin for a decade or four years interval, I will still make profit and I know my capital will not be inflated but would have more value added to it.
Inflation of fiat currencies is their own problems that come from governments and central banks. Bitcoin, fair to say, is inflationary too but it is less inflationary than fiat currencies. Bitcoin has only 21 million bitcoins in total supply, but it's inflationary, however the cap at 21 millions of bitcoin is very good to attract people. It's big difference with fiat currencies that have no caps, very high inflation and no cap.Quote
It must not only be that an investor should invest hold their Bitcoin for interval of four years, depending on what the person wants, they can hold for a longer year,
5 years is recommended by hodl map.https://hodl.camp/
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If your top priority is still profit, then there is nothing wrong with choosing bitcoin as an investment for the next decade, but I think that relying on a 4-year cycle to invest in bitcoin is no longer a wise idea. What guarantees that after each halving, Bitcoin price will increase? No, we cannot guarantee that and investing to make a profit from bitcoin will not be easy over time. If you only rely on the 4 year cycle, I would consider you a speculator rather than a long term investor.
But investing in bitcoin for the long term (not based on a 4 year cycle) is a wise decision as the demand for it will increase over time and in terms of market capitalization, the growth potential is still huge.
But investing in bitcoin for the long term (not based on a 4 year cycle) is a wise decision as the demand for it will increase over time and in terms of market capitalization, the growth potential is still huge.
The priority for investing in Bitcoin is for the sake of making profit and also protecting your asset against inflation. So, if I decide to invest into Bitcoin for a decade or four years interval, I will still make profit and I know my capital will not be inflated but would have more value added to it. It must not only be that an investor should invest hold their Bitcoin for interval of four years, depending on what the person wants, they can hold for a longer year, what actually matter the most is if the person have the knowledge of what they are doing or not.
It could be considered undervalued considering there is a potential for it to double with ease, when something could double with ease then it shouldn't really be that much of a problem and that would be the most important part. I am not saying that it would be easy to double but it can happen and that is why I believe that we are going to see this growing a lot more. This could be very important if we want to consider which one will make us the most money.
I do not think that gold could double in the next 5 years, whereas I think bitcoin could double within the next year, and that is why it is so important and we can do a lot better with time. We are going to see this growing and bitcoin is undervalued because of that, we can do even more than just doubling, we need to focus on what we can do and we could consider this to grow a lot more and it could be quadruped profit and that would be a lot better and that could be something that is getting greater.
Bitcoin got to over $60000 since 2021 but now which is over 3 years it is still at $60000. So what makes us think bitcoin will double in the next five years if we start counting from 2021? I hope bitcoin will get to $120000 by 2025 but if not, another bear market will come. People as of not will not see bitcoin as undervalued. Let bear market comes and let the price of bitcoin fall before posting about bitcoin as undervalued.I do not think that gold could double in the next 5 years, whereas I think bitcoin could double within the next year, and that is why it is so important and we can do a lot better with time. We are going to see this growing and bitcoin is undervalued because of that, we can do even more than just doubling, we need to focus on what we can do and we could consider this to grow a lot more and it could be quadruped profit and that would be a lot better and that could be something that is getting greater.
If I'm someone who is not looking to get a lot of profit but just want a secure way to keep my money for at least 5 years or maybe a decade, I will surely look for assets that I can trust that they will be around for that long and that they will at least give me something more for my money within a decade. So, would I think of Bitcoin with that mindset? No, I wouldn't, and the reasons are obvious. Bitcoin is a digital currency, it doesn't have a physical existence which doesn't make it the most secure investment asset available despite the fact that it can be very profitable.
A decade is 10 years and within that period of time, Bitcoin is going to halve every four years and the fifth year would be the bull season for the price peak to be reached. If I am given the option to choose between the two assets the one I would like to invest into for a decade, I would rather choose Bitcoin because I will have more profit from it than gold, but if I have enough capital to acquire the two asset at once, I will still do so.
I respect your opinion because every investor actually have the level of risk they can handle.
If your top priority is still profit, then there is nothing wrong with choosing bitcoin as an investment for the next decade, but I think that relying on a 4-year cycle to invest in bitcoin is no longer a wise idea. What guarantees that after each halving, Bitcoin price will increase? No, we cannot guarantee that and investing to make a profit from bitcoin will not be easy over time. If you only rely on the 4 year cycle, I would consider you a speculator rather than a long term investor.
But investing in bitcoin for the long term (not based on a 4 year cycle) is a wise decision as the demand for it will increase over time and in terms of market capitalization, the growth potential is still huge.
But yes, if someone has a large enough amount of money and their top priority is safety, gold would be a better choice.
A decade is 10 years and within that period of time, Bitcoin is going to halve every four years and the fifth year would be the bull season for the price peak to be reached. If I am given the option to choose between the two assets the one I would like to invest into for a decade, I would rather choose Bitcoin because I will have more profit from it than gold, but if I have enough capital to acquire the two asset at once, I will still do so.
I respect your opinion because every investor actually have the level of risk they can handle.
It all depends on the capital, the less funds we own, the more we are willing to risk to increase this capital, but as it grows, most often you will look for less risky assets to invest in, such as gold or real estate for diversification. I think that Bitcoin is moving towards becoming a much less volatile asset, perhaps this will happen in the coming years. So the choice of gold or Bitcoin at the initial stage will be obvious, and then everything will depend on how quickly you manage to increase your capital and how much you are willing to risk your money, but in the end it will be right to distribute funds across different assets.
I will prefer Gold trading compare to Bitcoin. The reason is that my experience talks. Gold is more stable for trading. However, bitcoin depends on different situation. If you decrease amount of bitcoins then there is no grantee that it will be higher or lower. So, Gold has long time value and it is traded almost all countries in the world.
This little bit of information will help you to invest in both but with your budget controlled. Do not invest everything in one bucket.
This little bit of information will help you to invest in both but with your budget controlled. Do not invest everything in one bucket.
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If I'm someone who is not looking to get a lot of profit but just want a secure way to keep my money for at least 5 years or maybe a decade, I will surely look for assets that I can trust that they will be around for that long and that they will at least give me something more for my money within a decade. So, would I think of Bitcoin with that mindset? No, I wouldn't, and the reasons are obvious. Bitcoin is a digital currency, it doesn't have a physical existence which doesn't make it the most secure investment asset available despite the fact that it can be very profitable.
A decade is 10 years and within that period of time, Bitcoin is going to halve every four years and the fifth year would be the bull season for the price peak to be reached. If I am given the option to choose between the two assets the one I would like to invest into for a decade, I would rather choose Bitcoin because I will have more profit from it than gold, but if I have enough capital to acquire the two asset at once, I will still do so.
I respect your opinion because every investor actually have the level of risk they can handle.
I personally understand that people want to invest into something that they know and gold is something they already know so they want to invest into that but the reality is that we are not going to get anything good out of that.
Many people don't invest having only the profitability factor in mind, but they do it after evaluating multiple things including the security of their funds, profitability, and long-term overall valuation of the asset they are investing their money in. Considering all these things, gold isn't a bad choice.
If I'm someone who is not looking to get a lot of profit but just want a secure way to keep my money for at least 5 years or maybe a decade, I will surely look for assets that I can trust that they will be around for that long and that they will at least give me something more for my money within a decade. So, would I think of Bitcoin with that mindset? No, I wouldn't, and the reasons are obvious. Bitcoin is a digital currency, it doesn't have a physical existence which doesn't make it the most secure investment asset available despite the fact that it can be very profitable.
So it all depends on the mindset of an investor and what they expect from their investment.
Bitcoin got to over $60000 since 2021 but now which is over 3 years it is still at $60000. So what makes us think bitcoin will double in the next five years if we start counting from 2021? I hope bitcoin will get to $120000 by 2025 but if not, another bear market will come. People as of not will not see bitcoin as undervalued. Let bear market comes and let the price of bitcoin fall before posting about bitcoin as undervalued.
It's very hard to say when Bitcoin will reach to $100,000 or higher prices but we will see $60,000 as a Never look back price, like other past ATHs now are Never Look Back Prices.https://charts.bitbo.io/never-look-back-price/
Bitcoin is ready for another big green yearly candle https://charts.bitbo.io/yearly-candles/
Things change slowly with big tests of many boring months, bear market and psychological tests but Satoshis per dollar drop with time. People ignore what's going on, don't notice about what's happening in present but soon in future, they will realize that with same amount of dollar, they will be able to purchase less satoshis.
It could be considered undervalued considering there is a potential for it to double with ease, when something could double with ease then it shouldn't really be that much of a problem and that would be the most important part. I am not saying that it would be easy to double but it can happen and that is why I believe that we are going to see this growing a lot more. This could be very important if we want to consider which one will make us the most money.
I do not think that gold could double in the next 5 years, whereas I think bitcoin could double within the next year, and that is why it is so important and we can do a lot better with time. We are going to see this growing and bitcoin is undervalued because of that, we can do even more than just doubling, we need to focus on what we can do and we could consider this to grow a lot more and it could be quadruped profit and that would be a lot better and that could be something that is getting greater.
Bitcoin got to over $60000 since 2021 but now which is over 3 years it is still at $60000. So what makes us think bitcoin will double in the next five years if we start counting from 2021? I hope bitcoin will get to $120000 by 2025 but if not, another bear market will come. People as of not will not see bitcoin as undervalued. Let bear market comes and let the price of bitcoin fall before posting about bitcoin as undervalued. I do not think that gold could double in the next 5 years, whereas I think bitcoin could double within the next year, and that is why it is so important and we can do a lot better with time. We are going to see this growing and bitcoin is undervalued because of that, we can do even more than just doubling, we need to focus on what we can do and we could consider this to grow a lot more and it could be quadruped profit and that would be a lot better and that could be something that is getting greater.
This can be explained by the fact that gold has already reached its market value, while Bitcoin is still considered an undervalued asset.
Bitcoin marketcap is still over $1 trillion. Bitcoin is not undervalued. Gold marketcap is the highest in the world, there are many assets that their value is not up to bitcoin and they are not undervalued. As some people will say it is undervalued, so are some people will argue that it is overvalued, depending on the market price. But in overall, bitcoin is not undervalued. I do not think that gold could double in the next 5 years, whereas I think bitcoin could double within the next year, and that is why it is so important and we can do a lot better with time. We are going to see this growing and bitcoin is undervalued because of that, we can do even more than just doubling, we need to focus on what we can do and we could consider this to grow a lot more and it could be quadruped profit and that would be a lot better and that could be something that is getting greater.
This can be explained by the fact that gold has already reached its market value, while Bitcoin is still considered an undervalued asset.
Bitcoin marketcap is still over $1 trillion. Bitcoin is not undervalued. Gold marketcap is the highest in the world, there are many assets that their value is not up to bitcoin and they are not undervalued. As some people will say it is undervalued, so are some people will argue that it is overvalued, depending on the market price. But in overall, bitcoin is not undervalued. Obviously, these opposing opinions are based on what price the trader assumes in the future for Bitcoin. And it will be possible to verify the correctness of the judgment only years later, when it will be obvious to everyone that in far away 2024 it was necessary to buy/sell Bitcoin.
This can be explained by the fact that gold has already reached its market value, while Bitcoin is still considered an undervalued asset.
Bitcoin marketcap is still over $1 trillion. Bitcoin is not undervalued. Gold marketcap is the highest in the world, there are many assets that their value is not up to bitcoin and they are not undervalued. As some people will say it is undervalued, so are some people will argue that it is overvalued, depending on the market price. But in overall, bitcoin is not undervalued. 
This kind of question will matter depends on what people understand.
Since if they are long time Gold investor then for sure there would be no question that they select gold than bitcoin then think that asset is so risky since the market is volatile and this will bring bad luck on them especially if they lose their money from unwanted situations.
Also with bitcoin for sure people will say that this is better since the volatility could able to bring them huge profit especially that if they spot good position for their daily trades. Or if they could able to hold for more years then there's huge chance that people who hold bitcoin would able to earn a lot from it.
So with these selection we can really say that picking an asset to invest will vary depend on what has been introduce to them.
Well, you're right. Besides, it all depends on the type of investor, whether he is an investor who is willing to take big risks, or just wants to take small risks. We know that it does have a tendency with slow price increases, but the potential for increase is almost certain. So, people choose this as a long-term investment that has very little risk. As for Bitcoin, it has a big risk, but the potential for profit can be obtained optimally both in the long term and the short term. However, not everyone wants to take that risk, and chooses gold. So, it all depends on the type of investor itself, because both of these investments are good investments. Since if they are long time Gold investor then for sure there would be no question that they select gold than bitcoin then think that asset is so risky since the market is volatile and this will bring bad luck on them especially if they lose their money from unwanted situations.
Also with bitcoin for sure people will say that this is better since the volatility could able to bring them huge profit especially that if they spot good position for their daily trades. Or if they could able to hold for more years then there's huge chance that people who hold bitcoin would able to earn a lot from it.
So with these selection we can really say that picking an asset to invest will vary depend on what has been introduce to them.
Different assets have different behaviors, gold has been the standard for what a store of value should be for millennia, so it is not odd at all that someone that is looking to preserve their wealth considers gold to be their best option, especially when there is a great deal of turmoil all around the world, however for those that have a greater interest on increasing their wealth, then an asset like bitcoin is a better choice, as instead of waiting for years or decades to see a big movement, you only need to wait months for this to happen.
Yes I agree with you, gold has been a very trusted asset for a long time, so it is not surprising that many people prefer gold. While bitcoin is a new asset, bitcoin is only a decade old, so it is not surprising that many people still doubt it, even at the beginning of bitcoin's emergence, bitcoin received strong rejection from many people. But we can see now, slowly bitcoin is gaining ground and many people are switching to bitcoin and there are even countries that are adopting bitcoin.Actually I really understand that older people now prefer gold, because they grew up and developed with gold, besides that they are also a little behind the digital world. I don't mean to belittle them, but that's what I see now. On the other hand, young people now grow and develop with technology, so they will definitely be more familiar with something in this space, that's what finally makes them interested in bitcoin.
I don't think 67% in the past 5 years is a good move, its actually a terrible one. I would expect something much much more than that if I invest for 5 years. Let me tell you something like this, if you invest right now to bitcoin and keep it for five years, I guarantee that you will make at least 100% somewhere along the line, probably within a year itself, but certainly somewhere in 5 years without a doubt.
There is no reason to see 67% in 5 years and think that's good, that's not good at all, its horrible. I believe that the best thing to do would be just considering better approach to bitcoin because it definitely brings in better profits. I do not understand the sudden love for gold that people have, there is no need to do something like that.
I personally understand that people want to invest into something that they know and gold is something they already know so they want to invest into that but the reality is that we are not going to get anything good out of that.
There is no reason to see 67% in 5 years and think that's good, that's not good at all, its horrible. I believe that the best thing to do would be just considering better approach to bitcoin because it definitely brings in better profits. I do not understand the sudden love for gold that people have, there is no need to do something like that.
I personally understand that people want to invest into something that they know and gold is something they already know so they want to invest into that but the reality is that we are not going to get anything good out of that.
This can be explained by the fact that gold has already reached its market value, while Bitcoin is still considered an undervalued asset. Accordingly, by investing in Bitcoin, you can get a very large profit, estimated in thousands of percent, while the price of gold cannot grow several times from current values.
I noticed gold price to fall while sleeping in the night (GMT +1), around 1 am to 8am. But most time the price will rise during the day. I was trading tokenized gold which is not actually gold but its perpetual contract was on some exchanges. But I also do check the price of gold on MT4 to know what is actually happening to gold which confirms what I said about it.
I went short position several times and I am losing. But I think its price can easily be predictable. I am trading both bitcoin and gold and also I am trading some altcoins which are riskier but this is about bitcoin and gold. Which one do you like trading? I guess those trading gold will prefer to go long, especially around 8 am EST.
I haven't tried trading gold and I don't think thay i would lobe to vive og a trial because the market is also volatile like bitcoin so let me stay focus on only trading bitcoin using spot trade. Trading is very risky and there is no need for me putting funds in various risky activities no matter how little the money might be because I also gamble. Trading gold will need extra skills too. I went short position several times and I am losing. But I think its price can easily be predictable. I am trading both bitcoin and gold and also I am trading some altcoins which are riskier but this is about bitcoin and gold. Which one do you like trading? I guess those trading gold will prefer to go long, especially around 8 am EST.
As I said, it all depends on each person's needs and we will make the choice that suits us. Both have their own pros and cons and have different use cases, neither is perfect. But bitcoin investors always focus on volatility and returns and think bitcoin is the best and owning gold is pointless.
Profit is all people care, after safety of their initial capital. Defend their initial capital, maintain it as how it starts is key, a first and most important thing with any investor in any field from stocks, real estates, gold to Bitcoin markets.Profit is a next important thing of consideration and it's not wrong to think of it as an investor. Anyway, through my years in Bitcoin market, I definitely don't deny this fact, but I actually realized another fact that is missed, hidden with many people. It is Bitcoin provides us great chances of getting great profit but during a same period, it provides us safety and somewhat, we can consider it as, stability.
This stability of Bitcoin price, makes it totally different than thousands of abundant altcoins in this market. Altcoins are more volatile than Bitcoin and in short term, in a bull market, they can provide higher ROIs than Bitcoin. But after a full market cycle, that is four year, or longer period like 2 or 3 market cycles, they failed in comparison with Bitcoin.
It is shown clearly in Bitcoin & Traditional Assets ROI (vs USD) at https://casebitcoin.com/.
A 67% return on $1 million will make a bigger difference than a 100% return on $1k, which is why bitcoin is often the choice of small investors while gold is the choice of institutional, large investors.
Gold is not too volatile, stable and cannot bring high profits but is clearly much safer than any other investment. Meanwhile, bitcoin can be highly profitable because of its volatility but comes with greater risk.
Which one is the best investment will depend on how much capital we have and what our goals are. If someone had millions of dollars, I don't think they would be willing to invest all of it in bitcoin but they would be willing to invest all of it in gold. Because their priority at that time was safety, not big profits. On the contrary, if you have only $1k to $100k and want to become a millionaire like them, bitcoin will be the choice for you.
As I said, it all depends on each person's needs and we will make the choice that suits us. Both have their own pros and cons and have different use cases, neither is perfect. But bitcoin investors always focus on volatility and returns and think bitcoin is the best and owning gold is pointless.
Just because it's not our choice and doesn't suit us doesn't mean it's useless or no longer appealing. Gold is still gold, still an asset that has existed for thousands of years, plays an important role in the economy and is still a good choice in today's unstable economic world.
I am a bitcoin investor and I am like you, want to make quick profits from my small capital but if I had millions of dollars, gold would be my choice for asset diversification.
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