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Poll

Which assets will you choose to accumulate:

Bitcoin (BTC)
20 (95.2%)
Gold
1 (4.8%)

Total Members Voted: 21

Author Topic: Has BTC really become more attractive than gold?  (Read 4271 times)

Offline KryptoBull

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Re: Has BTC really become more attractive than gold?
« Reply #75 on: April 17, 2024, 01:44:12 AM »
Exactly, if we compare the growth rate then Bitcoin is always ahead of Gold which doesn't mean people investing on Gold decreased than crypto investors. It can be comparison that can be shown for a layman to make them realise they can also add BTC as their asset in their portfolio.

Myself investing on both Gold and Bitcoin since I am started making money, even though Bitcoin is highly profitable still I can't avoid Gold cause it gives the security than nothing else.
We all know that investment requires both safety and profit. Gold is for safety, BTC is for profit - it is the right choice for professional investments, and I believe that you are such a professional investor. For young people, they may prefer BTC to Gold. MicroStrategy also only accumulates BTC and not Gold, perhaps because it is a software company and believes in the Internet future.

For most people or investment funds, I think a small portion, less than 5%, allocated to BTC will generate significant returns while still keeping risk under good control. Crypto is still a new and unsustainable field, but only by accepting this risk can real, superior returns be generated.

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Re: Has BTC really become more attractive than gold?
« Reply #75 on: April 17, 2024, 01:44:12 AM »

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Offline KryptoBull

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Re: Has BTC really become more attractive than gold?
« Reply #76 on: April 17, 2024, 02:59:12 AM »
Exactly, if we compare the growth rate then Bitcoin is always ahead of Gold which doesn't mean people investing on Gold decreased than crypto investors. It can be comparison that can be shown for a layman to make them realise they can also add BTC as their asset in their portfolio.

Myself investing on both Gold and Bitcoin since I am started making money, even though Bitcoin is highly profitable still I can't avoid Gold cause it gives the security than nothing else.
We all know that investment requires both safety and profit. Gold is for safety, BTC is for profit - it is the right choice for professional investments, and I believe that you are such a professional investor. For young people, they may prefer BTC to Gold. MicroStrategy also only accumulates BTC and not Gold, perhaps because it is a software company and believes in the Internet future.

For most people or investment funds, I think a small portion, less than 5%, allocated to BTC will generate significant returns while still keeping risk under good control. Crypto is still a new and unsustainable field, but only by accepting this risk can real, superior returns be generated.

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Re: Has BTC really become more attractive than gold?
« Reply #77 on: April 17, 2024, 07:39:59 AM »
Exactly, if we compare the growth rate then Bitcoin is always ahead of Gold which doesn't mean people investing on Gold decreased than crypto investors. It can be comparison that can be shown for a layman to make them realise they can also add BTC as their asset in their portfolio.

Myself investing on both Gold and Bitcoin since I am started making money, even though Bitcoin is highly profitable still I can't avoid Gold cause it gives the security than nothing else.
We all know that investment requires both safety and profit. Gold is for safety, BTC is for profit - it is the right choice for professional investments, and I believe that you are such a professional investor. For young people, they may prefer BTC to Gold. MicroStrategy also only accumulates BTC and not Gold, perhaps because it is a software company and believes in the Internet future.

For most people or investment funds, I think a small portion, less than 5%, allocated to BTC will generate significant returns while still keeping risk under good control. Crypto is still a new and unsustainable field, but only by accepting this risk can real, superior returns be generated.

I am just a commoner who is trying to climb the ladder in this society, I learned things in the hard way that's why I have to make conservative approach on every financial decision and 30 to 40% of my savings are in the physical gold and it's giving the security as I said earlier and also I can't deny Bitcoin is what helped me to achieve that 30% of gold in my portfolio so it's all combined and we have to balance the risk and returns according to our financial tolerance.
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Re: Has BTC really become more attractive than gold?
« Reply #78 on: April 17, 2024, 07:43:55 AM »
For most people or investment funds, I think a small portion, less than 5%, allocated to BTC will generate significant returns while still keeping risk under good control. Crypto is still a new and unsustainable field, but only by accepting this risk can real, superior returns be generated.

You should not rely on such words as 5% of Bitcoin investments will bring much more money than investments in other industries now Bitcoin is of course a very profitable investment, but tomorrow we cannot know where its price will turn. If you check the chart, you can see that Bitcoin is not always growing. And I It is falling very strongly and you cannot be sure that now this is not its maximum price but its minimum or vice versa.
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Re: Has BTC really become more attractive than gold?
« Reply #79 on: April 18, 2024, 07:50:57 PM »
You should not rely on such words as 5% of Bitcoin investments will bring much more money than investments in other industries now Bitcoin is of course a very profitable investment, but tomorrow we cannot know where its price will turn. If you check the chart, you can see that Bitcoin is not always growing. And I It is falling very strongly and you cannot be sure that now this is not its maximum price but its minimum or vice versa.
That's right, no matter what investment they offer, whatever the profit percentage they offer, no one can provide a guarantee of getting it in a long enough time. If you want to invest in bitcoin, it's better for you to create your own wallet and then buy bitcoin with a certain amount of money. what we have and then save it for the long term. That way we can find out what percentage of profit we get.

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Re: Has BTC really become more attractive than gold?
« Reply #80 on: April 18, 2024, 11:14:25 PM »
You should not rely on such words as 5% of Bitcoin investments will bring much more money than investments in other industries now Bitcoin is of course a very profitable investment, but tomorrow we cannot know where its price will turn. If you check the chart, you can see that Bitcoin is not always growing. And I It is falling very strongly and you cannot be sure that now this is not its maximum price but its minimum or vice versa.
That's right, no matter what investment they offer, whatever the profit percentage they offer, no one can provide a guarantee of getting it in a long enough time. If you want to invest in bitcoin, it's better for you to create your own wallet and then buy bitcoin with a certain amount of money. what we have and then save it for the long term. That way we can find out what percentage of profit we get.
Bitcoin is the most suitable coin to invest in for the long term. To be honest, I myself also plan to do it next year when it is bearish and try to hold it for the next 10 years, because by some considerations buying Bitcoin next year is an allocation of profits during the bullish season

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Re: Has BTC really become more attractive than gold?
« Reply #81 on: April 18, 2024, 11:15:14 PM »

That's right, no matter what investment they offer, whatever the profit percentage they offer, no one can provide a guarantee of getting it in a long enough time. If you want to invest in bitcoin, it's better for you to create your own wallet and then buy bitcoin with a certain amount of money. what we have and then save it for the long term. That way we can find out what percentage of profit we get.

Because we do not focus on the most valuable assets, gold will always appreciate, in fact it is the only resource that some countries have to get out of their crises, but partly bitcoin is for me much more valuable, it has a much greater value . value than gold and this is something that will continue to happen for the better because first, bitcoin represents an alternative economy, it represents money and it is a currency that has no errors, for me inflation is an incorrigible error of the traditional economy, bitcoin has no That, bitcoin for me is the best thing that could have happened to give companies the option to obtain financial freedom, I think that is why I am going to prefer bitcoin to gold, so that is why for me Bitcoin is worth more.
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Re: Has BTC really become more attractive than gold?
« Reply #81 on: April 18, 2024, 11:15:14 PM »


Offline debra

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Re: Has BTC really become more attractive than gold?
« Reply #82 on: April 18, 2024, 11:19:09 PM »
Bitcoin is the most suitable coin to invest in for the long term. To be honest, I myself also plan to do it next year when it is bearish and try to hold it for the next 10 years, because by some considerations buying Bitcoin next year is an allocation of profits during the bullish season
Yes, Bitcoin is the most recommended crypto coin for the long term holding. However, it never guarantees for the profits, we don't automatically earn money from Bitcoin investment. It needs knowledge to know how to get profits from Bitcoin, we must know the right time for entry and exit at least. Personally, I never brave to hold 10 years, it is a too long holding. I think it is better to hold 4 years, following the 4 years cycle.

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Re: Has BTC really become more attractive than gold?
« Reply #83 on: April 18, 2024, 11:19:38 PM »

That's right, no matter what investment they offer, whatever the profit percentage they offer, no one can provide a guarantee of getting it in a long enough time. If you want to invest in bitcoin, it's better for you to create your own wallet and then buy bitcoin with a certain amount of money. what we have and then save it for the long term. That way we can find out what percentage of profit we get.

Because we do not focus on the most valuable assets, gold will always appreciate, in fact it is the only resource that some countries have to get out of their crises, but partly bitcoin is for me much more valuable, it has a much greater value . value than gold and this is something that will continue to happen for the better because first, bitcoin represents an alternative economy, it represents money and it is a currency that has no errors, for me inflation is an incorrigible error of the traditional economy, bitcoin has no That, bitcoin for me is the best thing that could have happened to give companies the option to obtain financial freedom, I think that is why I am going to prefer bitcoin to gold, so that is why for me Bitcoin is worth more.
Likewise, I prefer Bitcoin to invest in than gold. Because as we learned, itcoin is a very valuable alternative asset compared to gold. If we store bitcoin for a long time and compared to gold, the benefits of storing bitcoin are certainly greater. and I am sure that in the future many investors who used to save gold will switch to bitcoin because everything will be crypto in the future
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Re: Has BTC really become more attractive than gold?
« Reply #84 on: April 19, 2024, 07:44:10 AM »
You should not rely on such words as 5% of Bitcoin investments will bring much more money than investments in other industries now Bitcoin is of course a very profitable investment, but tomorrow we cannot know where its price will turn. If you check the chart, you can see that Bitcoin is not always growing. And I It is falling very strongly and you cannot be sure that now this is not its maximum price but its minimum or vice versa.
That's right, no matter what investment they offer, whatever the profit percentage they offer, no one can provide a guarantee of getting it in a long enough time. If you want to invest in bitcoin, it's better for you to create your own wallet and then buy bitcoin with a certain amount of money. what we have and then save it for the long term. That way we can find out what percentage of profit we get.

Yes, it goes without saying that it is better to keep money in your wallet than to trust someone like increasing this money, I do not exclude this, of course, but you must trust this person or you must know him very well. In general, it is better to study the whole matter and only after that engage in investments.
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Re: Has BTC really become more attractive than gold?
« Reply #85 on: April 19, 2024, 11:27:54 AM »
Yes, Bitcoin is the most recommended crypto coin for the long term holding. However, it never guarantees for the profits, we don't automatically earn money from Bitcoin investment. It needs knowledge to know how to get profits from Bitcoin, we must know the right time for entry and exit at least. Personally, I never brave to hold 10 years, it is a too long holding. I think it is better to hold 4 years, following the 4 years cycle.

There might not be any guarantee but based on its history, Bitcoin does provide profit in the long run and that is the reason why the whole world is investing in it because they know they are going to get something out of it eventually as long as they keep holding onto their assets and don't sell them when the time isn't right. People who lose money in a Bitcoin investment are the ones who panic sell when they see its price dropping temporarily.

If everyone has enough patience and self-control and they can hold their Bitcoins for long term, they should go for it, but if someone thinks they can't hold for a long time, they should try some other investment asset and shouldn't invest in it.
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Re: Has BTC really become more attractive than gold?
« Reply #86 on: April 19, 2024, 12:31:22 PM »
I currently invest more in BTC than in Gold. And this shows that I am indeed more interested in gold. But I don't know in the future whether my thoughts will change or not. But for now accumulating BTC is much more interesting for me. And now the bitcoin halving is just hours away. And now I'm curious what will happen to the market after the bitcoin halving this time.

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Re: Has BTC really become more attractive than gold?
« Reply #87 on: April 19, 2024, 06:59:41 PM »
I currently invest more in BTC than in Gold. And this shows that I am indeed more interested in gold. But I don't know in the future whether my thoughts will change or not. But for now accumulating BTC is much more interesting for me. And now the bitcoin halving is just hours away. And now I'm curious what will happen to the market after the bitcoin halving this time.

Yes it is a personal matter that one will invest in that thing which is liked by him. Individuals are more likely to invest in Bitcoin now because of halving and it will also be better that they can sell their Bitcoin when it gives them huge success and then invest in Bitcoin when price reduces and one part should be used in gold.

Success describes the attraction of investors so nowadays as Bitcoin is more successful so more people want to be a part of it but here gold is used as ornaments during marriages so its use can also be not avoid
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Re: Has BTC really become more attractive than gold?
« Reply #88 on: April 19, 2024, 08:59:11 PM »

That's right, no matter what investment they offer, whatever the profit percentage they offer, no one can provide a guarantee of getting it in a long enough time. If you want to invest in bitcoin, it's better for you to create your own wallet and then buy bitcoin with a certain amount of money. what we have and then save it for the long term. That way we can find out what percentage of profit we get.

Because we do not focus on the most valuable assets, gold will always appreciate, in fact it is the only resource that some countries have to get out of their crises, but partly bitcoin is for me much more valuable, it has a much greater value . value than gold and this is something that will continue to happen for the better because first, bitcoin represents an alternative economy, it represents money and it is a currency that has no errors, for me inflation is an incorrigible error of the traditional economy, bitcoin has no That, bitcoin for me is the best thing that could have happened to give companies the option to obtain financial freedom, I think that is why I am going to prefer bitcoin to gold, so that is why for me Bitcoin is worth more.
Likewise, I prefer Bitcoin to invest in than gold. Because as we learned, itcoin is a very valuable alternative asset compared to gold. If we store bitcoin for a long time and compared to gold, the benefits of storing bitcoin are certainly greater. and I am sure that in the future many investors who used to save gold will switch to bitcoin because everything will be crypto in the future
Well, without going too far, most young people now have a different way of thinking than others, we would say different from those of the old school, they prefer to buy Bitcoin because it represents the future, they know its value in gold. , but they understand that Bitcoin will continue to rise more and that is a plus, it is something that everyone does and can perceive in a better way, so for young people they think that now they see that the real money is there in bitcoin , gold is an asset that everyone wants to have, but I believe that in the future whoever has gold will have something certain, but bitcoin will represent having more power because it represents much more money and is more accessible to have, so the ease of having bitcoin is what that attracts the most attention.
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Re: Has BTC really become more attractive than gold?
« Reply #89 on: April 20, 2024, 07:09:47 AM »
I currently invest more in BTC than in Gold. And this shows that I am indeed more interested in gold. But I don't know in the future whether my thoughts will change or not. But for now accumulating BTC is much more interesting for me. And now the bitcoin halving is just hours away. And now I'm curious what will happen to the market after the bitcoin halving this time.
Your choice to make Bitcoin as a place for investment is a very smart choice, Bitcoin has very good potential for the future because it could potentially become very expensive and provide a lot of profit for those who still hold the Bitcoin they have. At least Bitcoin also has a very limited supply so this will trigger a higher increase in the price of Bitcoin than Gold.

 

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