BTC VS Gold

[pacar_tiri]

Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.

What do you think?

Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share

Gold is old investment and most popular. Bitcoin is the future currency. We all know almost all of people know about gold but not about bitcoin. But I believe bitcoin can surpass gold at the coming future. Believe it.

[Damrai5$]

Nowadays people believe that they prefer to invest in those that have government approval. One of them is gold, a precious metal that many people invest in. But Bitcoin is a digital currency that is popular all over the world and a lot of people invest here.

[therozaq]

Nowadays people believe that they prefer to invest in those that have government approval. One of them is gold, a precious metal that many people invest in. But Bitcoin is a digital currency that is popular all over the world and a lot of people invest here.

Yes I see bitcoin is digital currency and will be more needed at the coming future. Gold is more popular than bitcoin but I believe bitcoin will more useful for investment at the coming future. Because bitcoin is the future currency.

[mlawson71]

I don't know, regarding usefulness. Gold has a lot of practical uses that make it quite valuable - most of computer technology relies heavily on it, for example.

[Mahindra]

In my opinion, Bitcoin is always compared to a measure. Although the two are very different. Where gold has existed since the time of our ancestors and the risk is very low. Although Bitcoin is a new thing, many people know and don’t know. Moreover, the risk of investing in Bitcoin is much higher. So I like to invest in gold myself. Moreover Bitcoin is a very beautiful coin whose price is more than the price of gold.

[anshor1]

In my opinion, Bitcoin is always compared to a measure. Although the two are very different. Where gold has existed since the time of our ancestors and the risk is very low. Although Bitcoin is a new thing, many people know and don’t know. Moreover, the risk of investing in Bitcoin is much higher. So I like to invest in gold myself. Moreover Bitcoin is a very beautiful coin whose price is more than the price of gold.

If you want to invest for long term asset, I think you can choose gold. Gold is more stable, But if you want the big profit and do daily trading, And think bitcoin is the best choice. Butcoi is more profitable but also more risk.

[Astra]

I think Bitcoin will be seen in place of gold in the next few years.  Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold.  Bitcoin has already exceeded $19,000.  There is no doubt that Bitcoin will exceed $50,000 in the next five years.

No, bitcoin will never be able to replace gold. Cryptocurrency and gold will always exist in parallel to each other. Gold has existed for many millennia and will continue to exist for a very long time. Bitcoin has been around for 13 years and how long it will exist, we cannot know. These are completely different financial assets, so much so that we can even say that they are completely opposite. They are practically united only by their high price. But the value of gold has always been consistently high, and the value of bitcoin has always been too volatile.

[Doctor]

I think I agree with several opinions here.
BTC and gold are different platform.
We can invest in both and enjoy this.
Bitcoin is digital asset , and gold is physical asset.

[naitik01]

BTC and Gold both complement each other, btc is volatile, while gold is stable. Investors invest in both according to their discretion.

[doc]

BTC and Gold both complement each other, btc is volatile, while gold is stable. Investors invest in both according to their discretion.

You're right, every investors have own discretion for their investment.
Both are good for investment.
I think If we want to gain big profit, bitcoin is the best choice.
But It's more risk

[mohdelayo]

Well he's certainly saying the truth as a financial giant that he is. However in my humble opinion, I believe that BTC will not take the spot of Gold, rather the duo will coexist in tandem. Gold offer more stability and gives more ease of mind while BTC on the other hand is less stable and with lots of fluctuations that leads on unrest of the mind but it's far more profitable than gold.

[Fenix]

I think Bitcoin will be seen in place of gold in the next few years.  Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold.  Bitcoin has already exceeded $19,000.  There is no doubt that Bitcoin will exceed $50,000 in the next five years.

This will never happen. Bitcoin is not able to replace gold. There has always been and always will be a stable high demand for gold. This value has passed through many millennia and the cryptocurrency, which has only 13 years of its existence, cannot be compared with gold. Bitcoin has already risen in price to $68,000 and nothing significant has happened. But its current price is just over $21,000. This does not happen with gold. This is a stable value, which is fundamentally different from a volatile cryptocurrency.

[DAMKAR]

TBH, I personally invest in both, gold and bitcoin.
Gold value is stable and more safe to invest.
Bitcoin is profitable for investment, but as many people know. Bitcoin is more risky. I agree with this

[Muneeb22]

Bitcoin is best then the gold because this time the price is down of the BTC and if we buy the BTC this time and hold that coin for just 6 months we can easily make good profit through that becasue soon the BTC will touches the high price almost $100,000.

[coinsrider]

In the fact, Bitcoin can make bigger profits than Gold. Bitcoin has volatility, even it is riskier but if we know how to invest properly, then we can have the chance to have much bigger profits. While Gold, is safer, but the chance to have bigger profits looks smaller. There is no big volatility in Gold price.

I Agree it is possible but if you are a trader i am unsure but buy it for the value as it falls and for long term its good Gold is a Hedge Hard Asset alike Crypto which is also a Hard asset but has better returns.