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Poll

Which assets will you choose to accumulate:

Bitcoin (BTC)
24 (92.3%)
Gold
2 (7.7%)

Total Members Voted: 26

Author Topic: Has BTC really become more attractive than gold?  (Read 12412 times)

Offline Peter90

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Re: Has BTC really become more attractive than gold?
« Reply #150 on: May 21, 2024, 10:10:55 AM »

Comparing 2 things that are actually different because they both have different characteristics.
But in fact those who only see from one point of view about how they perform, even though volatility is also an important indicator for investment.

The high volatility of bitcoin provides faster returns on investments made even though the risk is also large.
But that volatility will not happen to gold, these are two different things, but both have their own advantages and disadvantages.
I now have both and both are also profitable.

Exactly
Let's look at their difference from another angle
Gold is a protection when economy and stock markets slow down - they call it anti cyclical asset,
whereas BTC correlates with stocks.

BTC moves like a leveraged stocks ETF on steroids




If you're trying to guess BTC's future moves, try to predict the stock markets' future moves first.

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Re: Has BTC really become more attractive than gold?
« Reply #150 on: May 21, 2024, 10:10:55 AM »

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Offline taufik123

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Re: Has BTC really become more attractive than gold?
« Reply #151 on: May 21, 2024, 09:21:17 PM »
Exactly
Let's look at their difference from another angle
Gold is a protection when economy and stock markets slow down - they call it anti cyclical asset,
whereas BTC correlates with stocks.

BTC moves like a leveraged stocks ETF on steroids




If you're trying to guess BTC's future moves, try to predict the stock markets' future moves first.
And in essence all of them are correlated with each other, gold becomes an asset that will not be affected by inflation or deflation, Gold investment is considered safe or risk free for ordinary people who want to invest but do not want to take risks.

and BTC is influenced by many factors, especially the policy on interest rates carried out by ETFs and the regulation provided by the SEC.
But behind it all BTC has been able to reach ATH extraordinarily to date, printing many billionaires from Bitcoin.

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Re: Has BTC really become more attractive than gold?
« Reply #152 on: May 21, 2024, 10:48:30 PM »
Bitcoin and Gold both are good i think. But if anyone tell to choose one of them then i will choose Bitcoin. Because now we are leaving in the digital era. So cryptocurrency being popular day by day. In future people couldn’t take not taka they will use digital money like. So day by day bitcoins popularity will increase there has no doubt.

We have digital gold and it's redeemable with an equivalent real Gold, you can actually but it here==> https://paxos.com/paxgold/ and hold it in your wallet. We also have Tether Gold and all back one on one by real physical gold https://tether.to/en/ which means you can always change your XAU token to real Gold in any physical place.

I don't think there is harm if you buy Bitcoin and gold and keep for future, you don't know what tomorrow tells about the future of the two market.
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Re: Has BTC really become more attractive than gold?
« Reply #153 on: Today at 02:46:54 AM »
The important thing about this price is the psychological value it gives, we were all used to seeing it at the level of $60k -$65k, now seeing the price of Bitcoin for $70k gives another air, that air that bitcoin should always have. be around there or higher, however this is something that all traders see and like, but the bitcoin bulls are proud and the bears are looking to take money out of the market to make it go down, we have to see that this price can go down, It may give a sigh to many, we have to see that the corrections that happen now are natural and that they are going to happen, or we have to panic or just trust that everything is fine and take full advantage of this price.
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