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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 5318 times)

Offline JISAN

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Re: Has BTC really become more attractive than gold?
« Reply #90 on: April 20, 2024, 08:49:26 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.
Bitcoin's rapid price movement attracts investors more than gold. Gold is a physical asset and its buying and selling is very troublesome but Bitcoin buying and selling is so easy and there is no accountability no matter how much is invested in it. And Bitcoins can be bought and sold within minutes. And its price goes up much faster and profits are much higher than gold is able to give. So Bitcoin is definitely more attractive than Gold

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Re: Has BTC really become more attractive than gold?
« Reply #90 on: April 20, 2024, 08:49:26 AM »

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Offline IvugeoEvolutionCoin

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Re: Has BTC really become more attractive than gold?
« Reply #91 on: April 21, 2024, 03:15:47 PM »
Bitcoin's rapid price movement attracts investors more than gold. Gold is a physical asset and its buying and selling is very troublesome but Bitcoin buying and selling is so easy and there is no accountability no matter how much is invested in it. And Bitcoins can be bought and sold within minutes. And its price goes up much faster and profits are much higher than gold is able to give. So Bitcoin is definitely more attractive than Gold
Agree with what you say, very fast bitcoin price movements provide many benefits for those who can follow the price movements, but for those who do not understand bitcoin price movements it will be difficult to make a profit from bitcoin price movements.

Offline JISAN

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Re: Has BTC really become more attractive than gold?
« Reply #92 on: April 21, 2024, 03:24:52 PM »
Bitcoin's rapid price movement attracts investors more than gold. Gold is a physical asset and its buying and selling is very troublesome but Bitcoin buying and selling is so easy and there is no accountability no matter how much is invested in it. And Bitcoins can be bought and sold within minutes. And its price goes up much faster and profits are much higher than gold is able to give. So Bitcoin is definitely more attractive than Gold
Agree with what you say, very fast bitcoin price movements provide many benefits for those who can follow the price movements, but for those who do not understand bitcoin price movements it will be difficult to make a profit from bitcoin price movements.
Due to the high price movement, it is possible to make a lot of profit by trading cryptocurrencies.  However, understanding this movement requires a lot of analysis. Those who can make accurate predictions are successful in trading.  And for those who can't make predictions by analysis, it is not trading, they can invest and hold for a long time. For that, Bitcoin is a safe investment, because if it is held for a long time, it will bring good profit.

Offline kulkhan

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Re: Has BTC really become more attractive than gold?
« Reply #93 on: April 21, 2024, 04:52:38 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.
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.
Bitcoin's rapid price movement attracts investors more than gold. Gold is a physical asset and its buying and selling is very troublesome but Bitcoin buying and selling is so easy and there is no accountability no matter how much is invested in it. And Bitcoins can be bought and sold within minutes. And its price goes up much faster and profits are much higher than gold is able to give. So Bitcoin is definitely more attractive than Gold
  Yes i totally agree with you for bitcoin price movement it being popular day by day. Moreover Bitcoins quantity is limited and after certain quantity it will not mining more. So then Bitcoins price will increase more and more. We know about demand and supply. So after end of mining Bitcoin's demand will increase but supply will not increase then price will increase there has no doubt.

On the otherhand Gold quantities are not limited, New gold mines will continue to be discovered over the ages. So Gold price will increase but It's too much gradually not like that Bitcoin. So i think this causes Bitcoin being attractive more then Gold.

Offline enwi

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Re: Has BTC really become more attractive than gold?
« Reply #94 on: April 23, 2024, 10:16:15 AM »
Due to the high price movement, it is possible to make a lot of profit by trading cryptocurrencies.  However, understanding this movement requires a lot of analysis. Those who can make accurate predictions are successful in trading.  And for those who can't make predictions by analysis, it is not trading, they can invest and hold for a long time. For that, Bitcoin is a safe investment, because if it is held for a long time, it will bring good profit.
That's right, I agree with what you say, Bitcoin can be a place to make long term investments which will certainly provide a lot of profit because of the influence of the very limited supply and very high demand for Bitcoin.

Offline JISAN

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Re: Has BTC really become more attractive than gold?
« Reply #95 on: April 23, 2024, 03:59:55 PM »
Due to the high price movement, it is possible to make a lot of profit by trading cryptocurrencies.  However, understanding this movement requires a lot of analysis. Those who can make accurate predictions are successful in trading.  And for those who can't make predictions by analysis, it is not trading, they can invest and hold for a long time. For that, Bitcoin is a safe investment, because if it is held for a long time, it will bring good profit.
That's right, I agree with what you say, Bitcoin can be a place to make long term investments which will certainly provide a lot of profit because of the influence of the very limited supply and very high demand for Bitcoin.
Both Bitcoin and Gold are assets to invest in for longs because neither can deliver profits very quickly. The rate of change in Bitcoin price is much higher than that of gold, but the large dumping hall of Bitcoin price does not see much of a drop in gold price. so if one wants to get big profit then he must invest long term either in gold or bitcoin. But here is the issue of risk, in that case investing in Gold will be safe and investing in Bitcoin is high risk.

Offline rizqillah

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Re: Has BTC really become more attractive than gold?
« Reply #96 on: April 23, 2024, 05:22:39 PM »

Both Bitcoin and Gold are assets to invest in for longs because neither can deliver profits very quickly. The rate of change in Bitcoin price is much higher than that of gold, but the large dumping hall of Bitcoin price does not see much of a drop in gold price. so if one wants to get big profit then he must invest long term either in gold or bitcoin. But here is the issue of risk, in that case investing in Gold will be safe and investing in Bitcoin is high risk.
Anything with a higher risk will produce greater profits if we do it with the right analysis. Bitcoin is riskier because the market is very volatile, but it is more profitable than gold. That's why currently many investors are switching from gold to bitcoin.
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Re: Has BTC really become more attractive than gold?
« Reply #96 on: April 23, 2024, 05:22:39 PM »


Offline debra

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Re: Has BTC really become more attractive than gold?
« Reply #97 on: April 23, 2024, 10:41:36 PM »
Anything with a higher risk will produce greater profits if we do it with the right analysis. Bitcoin is riskier because the market is very volatile, but it is more profitable than gold. That's why currently many investors are switching from gold to bitcoin.
I am not really sure with this. It is true that crypto is high risk but the profits will depend on the strategy to do it. Even if having good analysis, it won't result in good profits if we use the wrong strategy. People who switch their assets from gold to Bitcoin, they know the potential (advantage) of Bitcoin. They know Bitcoin can give bigger profits, so they want to try their luck in Bitcoin.

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Re: Has BTC really become more attractive than gold?
« Reply #98 on: April 26, 2024, 11:30:00 PM »
I am not really sure with this. It is true that crypto is high risk but the profits will depend on the strategy to do it. Even if having good analysis, it won't result in good profits if we use the wrong strategy. People who switch their assets from gold to Bitcoin, they know the potential (advantage) of Bitcoin. They know Bitcoin can give bigger profits, so they want to try their luck in Bitcoin.
It's true, when trading in cryptocurrency we have to pay attention to what we do, not many people are able to trade well and correctly, so sometimes professional traders will use several techniques to make trades that can provide a lot of profit.

Offline dekafee79

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Re: Has BTC really become more attractive than gold?
« Reply #99 on: April 27, 2024, 03:00:46 PM »
I am not really sure with this. It is true that crypto is high risk but the profits will depend on the strategy to do it. Even if having good analysis, it won't result in good profits if we use the wrong strategy. People who switch their assets from gold to Bitcoin, they know the potential (advantage) of Bitcoin. They know Bitcoin can give bigger profits, so they want to try their luck in Bitcoin.
It's true, when trading in cryptocurrency we have to pay attention to what we do, not many people are able to trade well and correctly, so sometimes professional traders will use several techniques to make trades that can provide a lot of profit.
It is so difficult to become a professional trader, so many people prefer to become a holder. I'm trying to learn trading, learn analysis and try to make plans but unfortunately I don't have much time to deepen learning trading, so right now I'm more focused on being a holder.

 

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