I prefer to trading Bitcoin than gold because I buy gold, not traded it. But I admit that gold is the best investment besides Bitcoin and for me, I like to holds both gold and Bitcoin. We can not compares gold and Bitcoin because both is different and gold is already a long term investment.
But for trading, I am more familiar with trading Bitcoin. I never tried to trading gold so that is why I like to hold gold besides of Bitcoin. Both can be a good way to make a profit from trading but you must have skills to analyzes the market.
Trading altcoin is risky but can also gives a profit if you can analyze. But with so many altcoin now, that makes us to be careful to select the one. Not many altcoin can gives you profit so you must research before trade.
Topic: Which one is better. Bitcoin or gold? - page 4. (Read 1486 times)
Gold is still a popular asset because of its stability and gold is also a good asset to store.
A good investment asset needs to have many thing, not only its popularity, adoption and if an asset is stable in value, it is not a good asset. Because you need to have an asset with good value growth over time.Like nobody consider stable coins as good assets for investments but indeed they are only means for people in their deals with trade partners.
Bitcoin is a good asset because "It's your private keys, it's your bitcoins" and Bitcoin has very good design with 21 millions Bitcoin as its total supply cap. That together with its sharp adoption with time, demand on bitcoin increases considerably and price must react and rise consequently.
In total supply, Bitcoin is better than gold too because it has a limited supply, different than unlimited one of gold.
If gold isn't a good asset, then what is it? Although it cannot provide as high returns as bitcoin, it is still recognized as the best inflation hedge. Not to mention, it remains one of the most reliable assets in today's volatile economy and that's why despite having a market capitalization of over $17 trillion, it is still up over 25% since the start of the year.
Bitcoin is a potential investment because of its volatility and it can be said that it is the best investment in terms of returns. But to say that it is the best asset, I don't think so. It is not yet an effective hedge against inflation, nor is it a good store of value due to its volatility. Most people only use it for speculative purposes, how can it be said that it is the best asset?
It is ironic that an asset that has proven its potential for over a thousand years and plays a vital role in the reserves of every country in the world is considered inferior to a 16-year-old asset with a market capitalization of $1 trillion.
In fact, in the current economic instability, I prefer gold. After all, it is a rare resource and has physical support.
You can prefer gold over fiat like United States dollar or the fiat that is the legal tender in your country. Economy instability should not be the reason you should prefer gold over bitcoin.Gold is less volatile and also a store of value. Bitcoin is more volatile but also it is a store of value but in long term. Both assets are good but I will prefer bitcoin because I prefer its volatility especially during bear market when there has been a massive fall in price which I see as another opportunity to buy.
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 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.
We cannot choose one of them before trying to trade and practice one by one, I really prefer trading on bitcoin in general on the bitcoin market every time the price rises I will make a profit quickly without having to wait long term. I apply gold as a physical investment for the future. Apart from that, gold has become a real investment that we can keep indefinitely.
You just have to choose between the two. Bitcoin's price is very volatile, it can be profitable quickly and there is also a high risk, unlike gold which goes in one direction and gold has also survived until now.
In fact, in the current economic instability, I prefer gold. After all, it is a rare resource and has physical support.
Gold is still a popular asset because of its stability and gold is also a good asset to store.
A good investment asset needs to have many thing, not only its popularity, adoption and if an asset is stable in value, it is not a good asset. Because you need to have an asset with good value growth over time.Like nobody consider stable coins as good assets for investments but indeed they are only means for people in their deals with trade partners.
Bitcoin is a good asset because "It's your private keys, it's your bitcoins" and Bitcoin has very good design with 21 millions Bitcoin as its total supply cap. That together with its sharp adoption with time, demand on bitcoin increases considerably and price must react and rise consequently.
In total supply, Bitcoin is better than gold too because it has a limited supply, different than unlimited one of gold.
If you want an asset that is less volatile and is more safe haven in the days to come, then invest in gold. Its value may consistently move upward without having such threats to suddenly move at the bottom.
Yup, I do agree that Gold's market is a safe play and if you are a person who doesn't want to risk your investment in a volatile asset gold is the best choice, TBH Bitcoin is also progressing towards stability and less volatile nature which is good and bad both at the same time. As you know Gold market has a versatile and huge investment history, but Bitcoin is a newborn in comparison to Gold, and with Time Bitcoin will also adapt its stable nature, due to the high liquidity and much more decentralized holding compared to this timeline.
I have never traded gold so far so there is not much to talk about.
But when it comes to bitcoin it is much more profitable because it is about taking advantage of price fluctuations that can be used to make a profit.
Gold is still a popular asset because of its stability and gold is also a good asset to store.
Gold is an investment for people in the past where they buy to store because it does not have such high speculative about its journey.
Gold will be very profitable if held for a long duration but the return will be much different from bitcoin.
Bitcoin is a fairly speculative asset but the return on investment is very maximum if invested in the long term according to the capital we put in.
I think both are still good choices but I prefer bitcoin as the main step
Gold trading could be done digitally as well, my bank has it and you buy if you want to and hold and then sell basically just as you imagine. But, it's incredibly boring and the profits are very thin in the short term as well, you would have to wait many years to see if you would. Historically, most of the years it has done worse than stock market too, to be fair there are crisis periods like covid or mortgage and what not which gold does a lot better, but aside from that in most cases gold does worse.But when it comes to bitcoin it is much more profitable because it is about taking advantage of price fluctuations that can be used to make a profit.
Gold is still a popular asset because of its stability and gold is also a good asset to store.
Gold is an investment for people in the past where they buy to store because it does not have such high speculative about its journey.
Gold will be very profitable if held for a long duration but the return will be much different from bitcoin.
Bitcoin is a fairly speculative asset but the return on investment is very maximum if invested in the long term according to the capital we put in.
I think both are still good choices but I prefer bitcoin as the main step
This is the reason, bitcoin is better because it's easy to trade and it's easy to make profit from, not only it makes more profit than gold, but it makes more profit than anything else if you get in at the right time and get it higher later on.
For me, trade Bitcoin. Because I don't see reason to trade gold. I am well familiar with Bitcoin and crypto currency, which are more volatile compared to gold. Because gold is stable and you can make only small money. But from Bitcoin, you can earn a big amount of money if you are well experienced. Altcoin is quite risky to me, though I have been trading as well. However, I only trade in spots, so I don't need to gamble with luck. If the price drops more than my buy price, just simply hold on with patience till I recover it. However, less risk, less earn; high risk also earn high. But you must study a bit before taking the risk and make reasonable decisions in real time. Otherwise, it's hard to gain from Bitcoin.
Bitcoin is more risky than gold that is considered a safe-haven for traditional investors, but when it comes to trading, we all know bitcoin is more capable to yield bigger profits than gold itself. Because aside from its high volatility, bitcoin also has greater value compared to gold, so one who has much bigger value will be more profitable if you decide it to trade. Unlike gold which comes with a slow price hike, if ever it’ll increase, it could take few months or a year first before the rate levels up. 
I think gold and bitcoin have become good future assets, I am not part of trading gold, I only keep a small amount as a real asset for the future, while on bitcoin I trade in small amounts even though the profits are small in a short time. Now the price of Bitcoin has surpassed gold. It can be concluded that gold and Bitcoin are both needed in this modern era. The difference is that we can only trade gold in real or physical form, while Bitcoin is a digital asset that is being sought after by many investors in the digital world.
We can also trade gold in digital form but I don't trade gold as Bitcoin is better and more profiting. I don't know anything about gold and I'm not ready to start learning and following up movement of gold to be able to trade it. Gold has its benefits but Bitcoin has a wider range of pairs that it can be traded with Bitcoin. Bitcoin is easier for me to analyze before trading and the volatility of Bitcoin makes it quicker to make profits. Bitcoin is the more trending assets and it's going to do well this year and next year, hence it's more attractive to trade. I can hold Bitcoin and be certain that the price will go up. Bitcoin is the most profitable between gold and Bitcoin hence it has to be the better asset to trade.
For the traders, don't follow what others are saying and do your own research before choosing which one will be better for you to trade. If Bitcoin is more better than trade only Bitcoin but if you're finding it more easier to understand gold then trade gold and for those that can do both, do 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 have never traded gold so far so there is not much to talk about.
But when it comes to bitcoin it is much more profitable because it is about taking advantage of price fluctuations that can be used to make a profit.
Gold is still a popular asset because of its stability and gold is also a good asset to store.
Gold is an investment for people in the past where they buy to store because it does not have such high speculative about its journey.
Gold will be very profitable if held for a long duration but the return will be much different from bitcoin.
Bitcoin is a fairly speculative asset but the return on investment is very maximum if invested in the long term according to the capital we put in.
I think both are still good choices but I prefer bitcoin as the main step
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.
If comparing the two, I would definitely consider crypto more valuable than gold because you can do anything anywhere anytime with bitcoin but with gold you can't do anything instantly there is risk in transportation. I have traded in bitcoins traded in bitcoins done business with bitcoins everything that makes bitcoins worth so much to me. I haven't traded in gold which is why gold is valuable to me but bitcoin is not. 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 prefer to trade Gold more than bitcoin ,in terms of volatility gold is more volatile and a little bit risky but when it comes to clear market structure and direction gold is much more better than Btc . One has to be very careful when trading Btc especially when shorting it crypto-lads never like shorts in it they are always going for the longs making it hard to predict the pair .
I assume that there are piles of gold on a bunch of asteroids. But, I have not seen huge mining farms on asteroids. So, for me personally, the answer is obvious.
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.
Could you share some trading statistics? What have you made more profit on, trading bitcoin or gold?As I assume, bitcoin looks better from a trading perspective than gold because it is a very volatile financial asset, unlike gold, which is considered a "safe haven" due to its price stability. Of course, the price of gold also has some volatility, but it is completely insignificant compared to bitcoin.
For me, trade Bitcoin. Because I don't see reason to trade gold. I am well familiar with Bitcoin and crypto currency, which are more volatile compared to gold. Because gold is stable and you can make only small money. But from Bitcoin, you can earn a big amount of money if you are well experienced.
With Bitcoin, there are two ways to make money with it and Bitcoin market. Invest or trade, it's up to you to choose one of two options. I would like to pick Investing that is safer for me and my capital. In long term, investing can help me to get very good profit and by investing, I don't have to spend too much time for analysis, read news and interact with chart, computer like with trading.ROIs of gold and Bitcoin show us reasons why Bitcoin is better.
https://casebitcoin.com/charts#roi_chart
For me, trade Bitcoin. Because I don't see reason to trade gold. I am well familiar with Bitcoin and crypto currency, which are more volatile compared to gold. Because gold is stable and you can make only small money. But from Bitcoin, you can earn a big amount of money if you are well experienced. Altcoin is quite risky to me, though I have been trading as well. However, I only trade in spots, so I don't need to gamble with luck. If the price drops more than my buy price, just simply hold on with patience till I recover it. However, less risk, less earn; high risk also earn high. But you must study a bit before taking the risk and make reasonable decisions in real time. Otherwise, it's hard to gain from Bitcoin.
Both have their good and bad sides.
I for myself preffer BTC, because with it what's mine it is mine and the best part is that I don't need a very big phisical space to store it. BTC can nowadays be sold much faster than if you have its equivalent in gold.
I for myself preffer BTC, because with it what's mine it is mine and the best part is that I don't need a very big phisical space to store it. BTC can nowadays be sold much faster than if you have its equivalent in gold.
Bitcoin and non-custodial wallets will provide us with the highest level of security but that doesn't mean there are no risks.
There is no risk-free thing in life and we have to pick less risky things among many things that are more dangerous in life. With Bitcoin, we have good options with open source wallets but to be safe, we need verify, don't automatically trust anything including downloaded wallets.Security checklist
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In bitcoin, if we accidentally lose our seed phrase or accidentally become the target of hackers, we will have no way to recover our assets.
Use good wallets, distribute our bitcoin to different wallets that are protected by strong passwords too. Always make sure to back up wallets properly and make sure backups are usable for recovery.Quote
In addition, the volatility of bitcoin is also a risk, if the price of bitcoin continues to fall for some reason, the value of our assets will also be seriously affected.
It's a volatile asset, so afford to lose your money when investing in Bitcoin. The great point is, fortunately, risk in 2024 is smaller than in 2009 or some years after 2009. 
I will choose bitcoin because in bitcoin we can be surprise by the return of our investment and even if we have a small capital we can still earn big when the price soar so high, while in gold it needs a capital and it takes decade before we can earn on it. Bitcoin is full of surprise than gold the most exciting is the bitcoin price that can go up high anytime
Gold is a good investment, but for someone that has a goal to multiply their money there is no doubt that bitcoin is a better choice, and this can be easily corroborated by looking at the charts of both assets and making a comparison, still gold is not the worst choice a person could make right now, as with the economy and the world being so unstable now, it would not surprise me if the price of gold made a big movement during the next years. Jump to: