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Bitcoin Forum / Re: Has BTC really become more attractive than gold?
« on: May 17, 2024, 11:54:12 PM »-snip-Comparing 2 things that are actually different because they both have different characteristics.
They say "BTC is better than gold because its performance is better", "Stocks are better than gold because they perform better".
Silly arguments.
They forget volatility.
Those who put their savings in BTC in 2021, those who put their savings in the stock markets in 1999 or 2007, a couple of months later either they have had a heart attack or they have shot themselves in the balls.
Unfortunately most people here are fixated with performance, so they compare gold and BTC performance and forget to compare their volatility.
For those who want to save - keep in mind the difference between saving and investing - volatility is more important than performance.
Compare BTC volatility with gold volatility and tell me who wins
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.