Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: KryptoBull on March 27, 2024, 01:22:27 AM
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BTC is called Digital Gold by the crypto community and is always expected to be able to compete with gold in terms of capitalization [1], value, position and acceptance in the economy. The price increase of BTC in the past few months has completely outperformed gold, even the money flow from traditional investors is also withdrawing from spot Gold ETFs and flowing into spot BTC ETFs [2]. Gold Bug Peter Schiff, who has always opposed BTC, also wishes he had bought BTC in 2010 [3]. That shows that BTC is becoming more popular than gold on the media and becoming an attractive investment brand. I say BTC is an investment brand because spot BTC ETFs are just a financial product based on BTC, it is not BTC.
Recently, Gold Miner Nilam Resources has signed a letter of intent to acquire a massive amount of BTC and other digital assets, marking a significant shift in the company's direction. The acquisition hinges on obtaining 100% ownership of MindWave, a company holds a staggering 24,800 BTC. The BTC amount can be used as collateral to secure capital for future Nilam projects [4].
To me, this move by Nilam confirms the growing recognition of BTC as a truly valuable asset class. Not only that, it also shows the potential of BTC has really won over companies in the gold market. They may prefer gold over BTC because gold has brought them wealth in the past, but they will not ignore BTC with the potential to bring them more profits in the future.
Similar to me and my friends: Our grandparents and parents all love to accumulate gold, but we no longer buy gold as a way to reserve wealth. We choose crypto, especially BTC to accumulate because it is simpler, more convenient to buy with smaller amounts, and has much higher profits than gold. We seem to have left gold behind as a part of the past.
I would like to know your views on BTC and gold:
- Are you investing in BTC or gold?
- Do you think BTC has become more attractive than gold in the investment sector?
- Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
References:
[1] When will Bitcoin catch up with Gold in capitalization? (https://www.altcoinstalks.com/index.php?topic=317599)
[2] Gold Funds See Big Outflows Alongside Rush of Money Into Bitcoin ETFs (https://www.coindesk.com/markets/2024/02/15/gold-funds-see-big-outflows-alongside-rush-of-money-into-bitcoin-etfs/)
[3] Gold Bug Peter Schiff Says He Wishes He'd Bought Bitcoin in 2010 (https://www.coindesk.com/markets/2024/03/14/gold-bug-peter-schiff-says-he-wishes-hed-bought-bitcoin-in-2010/)
[4] Nilam Resources Enters Letters of Intent to Acquire 24,800 Bitcoin (https://finance.yahoo.com/news/nilam-resources-enters-letters-intent-200500374.html)
Note:
- My opinion has been presented in a topic, on BitcoinTalk forum (https://bitcointalk.org/index.php?topic=5490460.0)
- This topic on AltcoinsTalks forum has included a minor change in the way my opinion is presented.
- This statement is to avoid accusations of plagiarism.
Update 2024.03.27: The announcement raises doubts about its legitimacy because Nilam, a company with a market value of only $4 million, plans to purchase a massive $1.7 billion worth of Bitcoin.
- BREAKING: Nilam Resources Allegedly Plans to Buy 24,500 Bitcoin (BTC) (https://coinmarketcap.com/community/articles/6601db392fa2014060e7bba5/)
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As what Robert Kiyosaki has been recommending for the past many months, Bitcoin, silver and gold are the top investment vehicles one should get into as the global economy can be facing a lot of pressures in the next coming years. However, we know that Bitcoin is the most exciting among the three and it is because it is the most volatile where the price can go up and down as fat as we are blinking our eyes where the prospect of gains and loss can be staggering. As for gold and silver, they are good options too and in fact attracting many investors and traders as well but we know that Bitcoin is more accessible to many.
1. Are you investing in BTC or gold?
Between Bitcoin and gold, I am into Bitcoin ever since I got involved with cryptocurrency since many years ago but it does not mean I got a huge portfolio of it. Gold is less accessible compared to Bitcoin and if one will accumulate physical gold then it can be a big hassle protecting and transporting and that is why many people love Bitcoin as a store of value and a speculative asset. I am not saying though that gold is not a good option, it is not just for me as of now.
3. Do you think BTC has become more attractive than gold in the investment sector?
I understand that it would be difficult for me to quantify if gold has become less attractive compared to Bitcoin as gold has a marketcap much. much bigger than Bitcoin. However, when we talk on excitement then Bitcoin is the winner and as what I said above it is more accessible for the many. Plus its volatility can mean that an investor can earn a good ROI even just two weeks or a month after starting on the journey...something that one may not be experiencing with gold as it tends to be more stable.
3. Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
I am not sure what lead Peter Schiff to be an anti-Bitcoin personality when in fact anybody can invest on both and they are good investments as far as I can see. In fact, there is actually no need to choose between the two...if you have the money then go for gold and also for Bitcoin. This is not like electing a president of the country where you can only select one...we can have all the gold and Bitcoin we want for as long as one has the money to do so.
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To me, this move by Nilam confirms the growing recognition of BTC as a truly valuable asset class. Not only that, it also shows the potential of BTC has really won over companies in the gold market. They may prefer gold over BTC because gold has brought them wealth in the past, but they will not ignore BTC with the potential to bring them more profits in the future.
I would like to know your views on BTC and gold:
- Are you investing in BTC or gold?
- Do you think BTC has become more attractive than gold in the investment sector?
- Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
These companies are created to seek profit, gold is just a financial instrument they have chosen in the past, and now their attention is on BTC because BTC has really had impressive growth in the past time, accepted at the level of organization, company, asset management fund and country. As long as an asset creates significant profits, these companies will invest, regardless of their previous field of operation as gold mining. This also confirms the attractiveness of BTC to large companies in the economy.
1. I am investing in BTC, I do not have gold in my portfolio. BTC is easier to buy and there is no need to worry when storing, all I need to do is protect my private key.
2. In fact, BTC has actually become a more attractive asset than gold in terms of growth and profit, even though BTC's cap is still modest compared to gold.
3. I believe they have been and are collecting BTC. They are smart people, when they criticize BTC, they also realize its potential, if they just spend a small part of their assets to accumulate BTC from more than 10 years ago, they will also have BTC worth billions of $.
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If Bitcoin is the most popular currency in the world and if Bitcoin is more popular than the USD dollar, I still don't think people will reduce their use of gold. Gold is not only used by people for investment or savings but also people prefer to use gold as their ornaments. People will use gold as long as there is human desire. People's use of gold will never go down with the price of bitcoins changing or the popularity of bitcoins increasing. Gold has been one of the most valuable metals in the world since ancient times and till now gold is one of the most valuable metals in the world as well as gold will be a very valuable metal for people in the future. So I think we should consider gold and bitcoin separately rather than one.
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Are you investing in BTC or gold?
Gold are very expensive. This will lesson the number of those that invest in it if compared with bitcoin that you can buy with just $50. You need thousands of dollars to buy gold bars. It also needs physical storage. I prefer bitcoin.
Do you think BTC has become more attractive than gold in the investment sector?
It should, because bitcoin is scarier and will become scarier.
Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
Is Peter Schiff holding bitcoin? With how critic that man is, I do not think he is holding bitcoin. He said in the past that he is not holding bitcoin. The man said bitcoin is not physical and not having value. You can see how he is wrong.
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Are you investing in BTC or gold?
Gold are very expensive. This will lesson the number of those that invest in it if compared with bitcoin that you can buy with just $50. You need thousands of dollars to buy gold bars. It also needs physical storage. I prefer bitcoin.
In addition, you also need to keep certificate for that physical gold if you don't want hard time selling it in the future. Although as investment, some people decide to trust 3rd party where they buy digital gold where they can buy in smaller amount.
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I would like to know your views on BTC and gold:
1. Are you investing in BTC or gold?
I am gonna choose bitcoin rather than choosing gold And the reason I put the money first is that Bitcoin is virtual and doesn't have to provide any physical security. Gold on the other hand has to pay more security and it bothers me.
2. Do you think BTC has become more attractive than gold in the investment sector?
Bitcoin investment is attractive but the attractiveness has not yet surpassed that of gold. It tells the volume of the market cap of Gold and Bitcoin.
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I would like to know your views on BTC and gold:
- Are you investing in BTC or gold?
- Do you think BTC has become more attractive than gold in the investment sector?
Several years ago I invested in gold, but it did not provide significant profits. Storing gold and jewelry for 4 years is not a good practice, because those who get the biggest profits are exchanges with high spreads. They have such annoying authority that I feel disappointed with the gold investment model that many people dream of.
In the past year, I have focused more on BTC, and I might have better luck if I just choose to hold BTC for a period of 4 years. Considering that BTC is currently in a bullish period, I can be a little more confident about this.
The halving is coming in a few months, and I'm sure I can make a profit at that moment if I still hold BTC. Yes, I have BTC and only a little gold, in fact the amount of gold I have is probably only 10% of the amount of BTC I have. It is very small because of past disappointments.
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- Are you investing in BTC or gold?
- Do you think BTC has become more attractive than gold in the investment sector?
- Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
1. Take note that you don't have to choose one over the other, you can buy both BTC and gold if you have the money to do so. It is also worth mentioning that you don't have to buy physical gold bars to invest in gold, there are other options, i.e. Gold etf's, Gold stocks or just buying jewelleries.
2. Gold will be more attractive to investors that do not want to invest in volatile assets and are happy with smaller profit over a long time. BTC is volatile and while you can make bigger profits, the price can also fall, but you don't lose until you sell at a loss.
3. I don't know and i don't care!
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As for the first question, yes, I invest in both Bitcoin and gold, because they are both a store of value in the long term and both are considered a strategic choice for long-term investment.
As for the second question, I think that the majority of people are now investing in Bitcoin because it can be obtained in an easier way and with less capital than what is required to obtain a sufficient amount of gold for investment. Also, the expected profits are much greater than the expected profits from investing in gold.
As for the transfer of stockholders from gold to Bitcoin via an ETF, it is not worthy of attention in my view because the stockholders do not actually own gold or Bitcoin, but rather own its value in stocks, so the change is easy for them due to the expectation that they will receive greater profits.
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1. I don't have any gold or BTC because I don't have the money to invest in them. If I could, I would buy BTC because gold is already too expensive and I can't buy it with a few dozen USD.
2. For me, BTC is more attractive than gold. Gold is probably only an asset chosen by people from the older generation when they didn't have any other assets more reliable than gold.
3. Don't listen to what they say, look at what they do. I don't know if they own a lot of BTC, but if they admit to owning thousands of BTC, I wouldn't be surprised.
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We can not say unequivocally that Bitcoin has become more interesting than Gold for everyone, it mostly applies only to those who work on the Internet or in general earn on cryptocurrency, not so many people know and have Bitcoin, but Gold know all and have almost all, in fact, knowing what and how I perfectly understand that Bitcoin is much more interesting as an investment.
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You know there are people who love gold but don't like bitcoin; there are others who want the same thing, then there are others who want the same thing but don't have money to buy because of the difficulty of life; and those who are not rich try to have bitcoin, hoping it will bring them profit in the future.
I, like others, also want gold. That's why the chances of getting a profit in bitcoin are faster compared to gold. Secondly, you don't need a large amount to get bitcoin, unlike gold; it's not like that. It seems that the minimum price for gold is $150 and above, whereas with Bitcoin, you can have holdings of only $10. This is just my opinion.
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Gold are very expensive. This will lesson the number of those that invest in it if compared with bitcoin that you can buy with just $50. You need thousands of dollars to buy gold bars. It also needs physical storage. I prefer bitcoin.
I imagine you say that because you have never really considered buying gold and therefore have not informed yourself about it. You can buy 1 gram gold bars for about $85 (https://stonexbullion.com/en/gold-bars/fine-weight-1g/1g-britannia-gold-bar-royal-mint/?gad_source=1&gclid=Cj0KCQjwzZmwBhD8ARIsAH4v1gVBHgXygPsxRPY2Mz9O27mnZt13j5Xm1oMHjwtaSSoEhYKzqEzOabkaAob1EALw_wcB&gclsrc=aw.ds), and 1 gram is so tiny you can hide it anywhere. The problem with buying small gold bars is that the smaller the gold bar the more premium you pay.
But back to the topic of the thread I also believe that bitcoin has become more attractive than gold, what I also believe that there will always be market for gold, because being physical and used in jewelry and industry will not be replaced in that by bitcoin
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I imagine you say that because you have never really considered buying gold and therefore have not informed yourself about it. You can buy 1 gram gold bars for about $85 (https://stonexbullion.com/en/gold-bars/fine-weight-1g/1g-britannia-gold-bar-royal-mint/?gad_source=1&gclid=Cj0KCQjwzZmwBhD8ARIsAH4v1gVBHgXygPsxRPY2Mz9O27mnZt13j5Xm1oMHjwtaSSoEhYKzqEzOabkaAob1EALw_wcB&gclsrc=aw.ds), and 1 gram is so tiny you can hide it anywhere. The problem with buying small gold bars is that the smaller the gold bar the more premium you pay.
I do not know that I can buy smaller pieces of gold but just knowing that now. I do not have it in mind to buy gold because it is physical and can be stolen. No matter how small or big it is. There are chances that it can be lost. Unlike bitcoin that has better security if you know how to securely hold your coins.
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Gold are very expensive. This will lesson the number of those that invest in it if compared with bitcoin that you can buy with just $50. You need thousands of dollars to buy gold bars. It also needs physical storage. I prefer bitcoin.
I don't think physical storage would be a problem unless it has a way of reacting with other materials placed around it, which will create a need for a special place for storing it. What matters most is the security of this kind of asset; knowing their value would certainly not put someone at ease, especially when you have them in your place of residence.
It should, because bitcoin is scarier and will become scarier.
The issue of scarcity serves as a catalyst that has increased the price of Bitcoin. Additionally, thanks to widespread adoption, Bitcoin's value continues to grow globally
Is Peter Schiff holding bitcoin? With how critic that man is, I do not think he is holding bitcoin. He said in the past that he is not holding bitcoin. The man said bitcoin is not physical and not having value. You can see how he is wrong.
We've come across stories like this, but in the end, those who initially condemn later become promoters of Bitcoin and even tend to buy more than those who have been in the game for years. We can't be too sure if Schiff is telling the truth. Sometimes, people might just want to mislead others while they indulge in similar acts.
In addition, you also need to keep certificate for that physical gold if you don't want hard time selling it in the future. Although as investment, some people decide to trust 3rd party where they buy digital gold where they can buy in smaller amount.
Surprisingly, I never knew that gold sales require a certificate. This means that those who don't possess a certificate of ownership won't be able to sell at a normal rate, but rather at a rate far below the normal price. This is crazy. Bitcoin is the best after all.
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1. Are you investing in BTC or gold?
2. Do you think BTC has become more attractive than gold in the investment sector?
3.Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
1. I am investing in Bitcoin than gold.
2. Yes it is because institutions are pourings their billions of investments into it rather than gold. As we can reads, hear and see on the crypto news.
3. Not familiar of this guy but that could possibly be diversional tactics so there will be FUD and so he can fill in his bags.
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There are chances that it can be lost. Unlike bitcoin that has better security if you know how to securely hold your coins.
There are chances that BTC can also be stolen if the person has bad opsec and does not know how to safely store their coins. Many people store gold and they don't lose it, some even store it in a bank's safe box or in their own secret vault, it depends on what works for them. If you know how to securely store your gold, you will probably never lose it, the same thing with BTC.
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There are chances that BTC can also be stolen if the person has bad opsec and does not know how to safely store their coins. Many people store gold and they don't lose it, some even store it in a bank's safe box or in their own secret vault, it depends on what works for them. If you know how to securely store your gold, you will probably never lose it, the same thing with BTC.
The chances that the bitcoin that I hold securely can be is almost zero. All it takes is not costly. But the chance that gold can be stolen is higher. But if you store it with third party, maybe they can cover the loss if anything happens like thieves break into the vault. No hacker on earth can be able to compromise my bitcoin wallet but if it is gold, I still doubt it. It cost me just nothing much to securely store bitcoin no matter how big it is, unlike gold.
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I'll choose bitcoin than gold.
You know why ?
Bitcoin is more profitable, and I've invested in bitcoin since 2013.
Gold is safer, but It's not as profitable as bitcoin.
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Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
Is Peter Schiff holding bitcoin? With how critic that man is, I do not think he is holding bitcoin. He said in the past that he is not holding bitcoin. The man said bitcoin is not physical and not having value. You can see how he is wrong.
Most at times those who talks against bitcoin are the people who holds more of bitcoin, they can come to general public to deceive the general public how bad is bitcoin. Believe me or not, those government agencies who are fighting against bitcoin are the people who are mostly holding enough value, since they tried to fight bitcoin but couldn't succeed. They don't have any other options than to go criticizing bitcoin and make people feels as if bitcoin is less important while they are holding bitcoin underway.
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I am investing in Bitcoin currently because it is easier to invest with any small amount you can afford, but that doesn't mean I don't like gold either. Both assets are worth having, and it's wise to have the two if one can actually afford them at the same time. Despitethe fact that BTC market capitalization is so high, the gold market too is not bad, and as a matter of fact, I believe that there are still so many Bitcoin investors who are still investing in gold. In terms of investment, it's wise to diversify, and gold is one good asset that anyone can also consider a second option of investment, in my opinion.
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Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
Is Peter Schiff holding bitcoin? With how critic that man is, I do not think he is holding bitcoin. He said in the past that he is not holding bitcoin. The man said bitcoin is not physical and not having value. You can see how he is wrong.
Most at times those who talks against bitcoin are the people who holds more of bitcoin, they can come to general public to deceive the general public how bad is bitcoin. Believe me or not, those government agencies who are fighting against bitcoin are the people who are mostly holding enough value, since they tried to fight bitcoin but couldn't succeed. They don't have any other options than to go criticizing bitcoin and make people feels as if bitcoin is less important while they are holding bitcoin underway.
With your explanation, it seems like people like that are trying to give a bad stigma to bitcoin until finally people don't believe in bitcoin anymore, it's very sad to see people like that, even though when we have a lot of bitcoin and follow the flow of exchange conditions it will be very it's easy to make a profit without having to oppose the movement of bitcoin.
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I do not know that I can buy smaller pieces of gold but just knowing that now. I do not have it in mind to buy gold because it is physical and can be stolen. No matter how small or big it is. There are chances that it can be lost. Unlike bitcoin that has better security if you know how to securely hold your coins.
Yes, well I prefer bitcoin too, but in the case of bitcoin, although they can't steal it directly, they can steal your private keys. You can hide them well, but if we are talking about small amounts of gold you can hide them well too. For much larger amounts, millions of dollars, it is much better to use bitcoin to store, transport and transfer them.
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In addition, you also need to keep certificate for that physical gold if you don't want hard time selling it in the future. Although as investment, some people decide to trust 3rd party where they buy digital gold where they can buy in smaller amount.
Surprisingly, I never knew that gold sales require a certificate. This means that those who don't possess a certificate of ownership won't be able to sell at a normal rate, but rather at a rate far below the normal price. This is crazy. Bitcoin is the best after all.
Actually it depends on where you live and whether the buyer ask for such certificate (or at least proof you bought/obtained it legally). Although it's true the rate is definitely worse, which sucks when gold price doesn't change much over time.
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Currently gold might have a big marketcap than gold, but I bet you that in the next 20 years, bitcoin will have a higher marketcap than gold. This is because as time passes on more people are adopting bitcoin and the value continues to skyrocket. Gold has been there for ages, but bitcoin is just 15yrs old. I have never thought I would be able to have an investment at my present age, but bitcoin gave me that opportunity to invest even in my poor state. This is what will make bitcoin more attractive to people as time goes on, because all classes of people can invest in it, and grow your investment without a third party. Financial freedom alone is superior to what gold offers. Bitcoin is not visible and cannot attract anyone to itself, as long as it is in your noncustodial wallet, but gold shouts a lot.
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In addition, you also need to keep certificate for that physical gold if you don't want hard time selling it in the future. Although as investment, some people decide to trust 3rd party where they buy digital gold where they can buy in smaller amount.
Surprisingly, I never knew that gold sales require a certificate. This means that those who don't possess a certificate of ownership won't be able to sell at a normal rate, but rather at a rate far below the normal price. This is crazy. Bitcoin is the best after all.
Actually it depends on where you live and whether the buyer ask for such certificate (or at least proof you bought/obtained it legally). Although it's true the rate is definitely worse, which sucks when gold price doesn't change much over time.
Yes, that's right, in several countries they have their own policies when buying gold, they will have a certificate and usually the certificate can show that you have bought gold at that price and used a certain payment depending on the agreement at the place where we bought the gold.
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I am investing in Bitcoin currently because it is easier to invest with any small amount you can afford, but that doesn't mean I don't like gold either. Both assets are worth having, and it's wise to have the two if one can actually afford them at the same time. Despitethe fact that BTC market capitalization is so high, the gold market too is not bad, and as a matter of fact, I believe that there are still so many Bitcoin investors who are still investing in gold. In terms of investment, it's wise to diversify, and gold is one good asset that anyone can also consider a second option of investment, in my opinion.
I do not deny the potential of gold, as evidenced by the fact that the Gold cap is still more than 10 times that of BTC, meaning that Gold is still the preferred reserve asset for many investors. However, BTC seems to be outperforming in terms of price growth and attractiveness to younger investors, and in terms of investment, BTC is better than Gold.
I think Gold should be used for reserve and defensive purposes, while BTC should be used to generate higher investment returns. Diversification of the portfolio is necessary for each investor, BTC and Gold can completely coexist to ensure safety and profit for the portfolio.
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it is a Bias question when you put it here? look at the votes as its completely for Bitcoin and none voted for Gold .
And when you ask this question in crypto forum I believe that there might be a single person that will choose gold because if many do surely they will face criticism and attack of favoring physical investment than Bitcoin.
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Gold has existed longer than Bitcoins. It takes time for people to open their arms for it. At least, for me, it is still way down the road to say btc becomes more attractive than gold. Some countries are still not taking serious, you know, this whole cryptos thing. At the end of the day, people might feel more comfortable having gold instead of crypto. The attribute of intangible might not help in this situation, like wars, economic crises, and etc.
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I would like to know your views on BTC and gold:
- Are you investing in BTC or gold?
- Do you think BTC has become more attractive than gold in the investment sector?
- Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
To the first question, I've known about gold all my life, but I've never invested in gold, and for bitcoin, I've only know about bitcoin for a few years, that is from 2016, and here I am already a bitcoin investor.
So, yeah, I am investing in bitcoin, not gold, the process of investing in gold is too hideous, and not common-man friendly, I believe this is why bitcoin investment seems more popular this days.
To the second question, I would say "Yes", one thing is, every asset do have their time, and Gold investment have had its time, and even though investing in gold is still present today and will continue to be present even in the long term future, bitcoin have stolen the spotlight right now, and the spotlight will continue to be on bitcoin for a really long time from now, atleast, until something much better than bitcoin comes on board.
To the third question, I would say that's he's cup of tea, if he holds bitcoin and yet bad mouthing bitcoin, possibly it could be that he doesn't hold enough bitcoin yet and wants to buy more at a cheaper price, but how ever or what ever be the case, that is completely he's cup of tea like I said before, him badmouthing bitcoin won't stop bitcoin from reaching where it will reach. [/list]
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it is a Bias question when you put it here? look at the votes as its completely for Bitcoin and none voted for Gold .
And when you ask this question in crypto forum I believe that there might be a single person that will choose gold because if many do surely they will face criticism and attack of favoring physical investment than Bitcoin.
I always look forward to interesting things from the crypto community. Maybe we have a gold investor participating in the forum. BTC is just one option for a portfolio. Investors can add gold or stocks if they want.
This is a friendly crypto forum. I think we are all civilized enough to welcome everyone's point of view, no matter how strange or unreasonable it may seem :)
To the first question, I've known about gold all my life, but I've never invested in gold, and for bitcoin, I've only know about bitcoin for a few years, that is from 2016, and here I am already a bitcoin investor.
So, yeah, I am investing in bitcoin, not gold, the process of investing in gold is too hideous, and not common-man friendly, I believe this is why bitcoin investment seems more popular this days.
Accessibility to trade, good liquidity, and the extremely small amount that we can buy and sell are the advantages that BTC is conquering investors. Gold does not allow us to do that, or we are forced to buy spot Gold ETFs, anyway Gold ETFs are not Gold.
There is another interesting thing that BTC does not have an expiration date and all BTCs have the same value. This is not true for Gold because sometimes the buyer will squeeze the price if Gold bar or jewelry is negatively affected by time and storage method.
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it is a Bias question when you put it here? look at the votes as its completely for Bitcoin and none voted for Gold .
And when you ask this question in crypto forum I believe that there might be a single person that will choose gold because if many do surely they will face criticism and attack of favoring physical investment than Bitcoin.
Of course, when you question something that is a place for people who have one thing, they will be consistent with their choice.
But in my opinion, why don't we take advantage of both, I mean don't create a guardrail when both have the same benefits. Says is probably one of the people who would rather do both than have to collide 2 things that can both make a profit. I'm sure you understand what I mean.
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I invest in both, because I think both are equally profitable,
BTC is indeed interesting to invest in large amounts if we collect it before the bull market, everything has risks in investing, there are good and bad, I am more inclined to physical gold to invest but it doesn't rule out the possibility of me having BTC
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I invest in both, because I think both are equally profitable,
BTC is indeed interesting to invest in large amounts if we collect it before the bull market, everything has risks in investing, there are good and bad, I am more inclined to physical gold to invest but it doesn't rule out the possibility of me having BTC
Gold is very useful at the end of time when all technology has been destroyed so gold will still be useful for making transactions. As long as we have lots of money to buy both then it is the right choice. Maybe we are waiting for the price of bitcoin to fall again to the bottom so we can buy it in large quantities.
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I invest in both, because I think both are equally profitable,
BTC is indeed interesting to invest in large amounts if we collect it before the bull market, everything has risks in investing, there are good and bad, I am more inclined to physical gold to invest but it doesn't rule out the possibility of me having BTC
Either invest in both if you can afford to do that, or buy the one that you find more suitable based on your financial goals and targets.
Gold tends to have a more stable growth when compared to Bitcoin and other assets because it gains value over time at a slower pace, but it has the potential to maintain that growth and show less negative volatility compared to Bitcoin and other cryptocurrencies. So people often buy and store gold when they want a secure and a bit of profitable asset to have.
On the other hand, people who want quick profits, and they are ready to take the risk with their money, they can go with Bitcoin because Bitcoin tends to grow faster than gold or any other asset in the world, but it has the possibility of losing its value quickly as well. So someone investing in it should keep these things in mind.
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It's quite appropriate to compare Bitcoin vs Gold. Maybe for crypto activists, Bitcoin will always be said to be the most amazing and unrivaled. Likewise with gold activists, they will also say that.
However, what is certain is that the current market cap positions of the two are still very different.
In fact, Gold is still the top ranking in top assets by market cap. Gold is still number 1 with a market cap of around $15,774 T.
Meanwhile, Bitcoin is in 10th place with a market cap of $1,334 T.
From here you can see the difference. Despite this, Gold is still more popular and is used for investment. However, we hope that Bitcoin will start to progress closer.
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It's quite appropriate to compare Bitcoin vs Gold. Maybe for crypto activists, Bitcoin will always be said to be the most amazing and unrivaled. Likewise with gold activists, they will also say that.
However, what is certain is that the current market cap positions of the two are still very different.
In fact, Gold is still the top ranking in top assets by market cap. Gold is still number 1 with a market cap of around $15,774 T.
Meanwhile, Bitcoin is in 10th place with a market cap of $1,334 T.
From here you can see the difference. Despite this, Gold is still more popular and is used for investment. However, we hope that Bitcoin will start to progress closer.
Gold has been around longer before there was Bitcoin, so it is natural that the volume of gold is higher than Bitcoin, Bitcoin is classified as a new technology that can provide a price that may be almost the same as Gold, I am sure Bitcoin is still developing and will soon scored the same position as Gold.
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It's quite appropriate to compare Bitcoin vs Gold. Maybe for crypto activists, Bitcoin will always be said to be the most amazing and unrivaled. Likewise with gold activists, they will also say that.
However, what is certain is that the current market cap positions of the two are still very different.
In fact, Gold is still the top ranking in top assets by market cap. Gold is still number 1 with a market cap of around $15,774 T.
Meanwhile, Bitcoin is in 10th place with a market cap of $1,334 T.
From here you can see the difference. Despite this, Gold is still more popular and is used for investment. However, we hope that Bitcoin will start to progress closer.
Gold has been around longer before there was Bitcoin, so it is natural that the volume of gold is higher than Bitcoin, Bitcoin is classified as a new technology that can provide a price that may be almost the same as Gold, I am sure Bitcoin is still developing and will soon scored the same position as Gold.
And it's that Bitcoin is really accessible that's why it's more attractive than the physical Gold. And so we can't really compare as far as longevity because it's obvious that Gold has been with us since the beginning of time.
The advantage that Bitcoin give to us though is that anyone can invest on it, average joe like the majority of us and then we have like big institutions and maybe some millonaires and billionaires that we are not aware of this it is (psuedo)-anonymous.
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It's quite appropriate to compare Bitcoin vs Gold. Maybe for crypto activists, Bitcoin will always be said to be the most amazing and unrivaled. Likewise with gold activists, they will also say that.
However, what is certain is that the current market cap positions of the two are still very different.
In fact, Gold is still the top ranking in top assets by market cap. Gold is still number 1 with a market cap of around $15,774 T.
Meanwhile, Bitcoin is in 10th place with a market cap of $1,334 T.
From here you can see the difference. Despite this, Gold is still more popular and is used for investment. However, we hope that Bitcoin will start to progress closer.
It would be inappropriate to compare BTC with Gold in terms of capitalization or acceptance, as Gold is a giant with a history of thousands of years while BTC is just a newly created asset. We can only point out the attractiveness of BTC to investors and investment funds in recent years, when a portion of their portfolio is used to buy BTC instead of Gold, or buy spot BTC ETFs instead of spot Gold ETFs.
For reserve: Gold has always been the top choice because Gold price is quite stable and increases gradually over time.
For investment: BTC is actually more attractive because BTC price has had strong growth throughout the past decade, especially in the uptrend.
Professional investors will not be able to ignore both of these assets, depending on their taste. I myself and young people will choose BTC!
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Gold has been around longer before there was Bitcoin, so it is natural that the volume of gold is higher than Bitcoin, Bitcoin is classified as a new technology that can provide a price that may be almost the same as Gold, I am sure Bitcoin is still developing and will soon scored the same position as Gold.
Bitcoin has it unique futures, price and uses, while gold on the other hand also has its uses, advantages and price difference from Bitcoin. These are different assets with different features, so why do they really need to secure same position? As time goes on, we all know that the price of Bitcoin bill continue to hike and gold price will not also remain the same. These assets are just different things. Bitcoin is digital, can not been touched and felt but you can only see it, meanwhile you can see gold, touch it, shape it to different sizes and forms of jewelry.
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Bitcoin has it unique futures, price and uses, while gold on the other hand also has its uses, advantages and price difference from Bitcoin. These are different assets with different features, so why do they really need to secure same position? As time goes on, we all know that the price of Bitcoin bill continue to hike and gold price will not also remain the same. These assets are just different things. Bitcoin is digital, can not been touched and felt but you can only see it, meanwhile you can see gold, touch it, shape it to different sizes and forms of jewelry.
Gold is a good physical investment for the long term and can also be used as a "safe haven" asset.
But Bitcoin cannot be made a Safe Haven because of its fluctuating nature with a fairly high volatility.
Having both of these investments will provide better value, from digital assets and physical investment assets such as gold.
It will also be very good for long-term investments with profits that will be seen in the next few years.
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it is a Bias question when you put it here? look at the votes as its completely for Bitcoin and none voted for Gold .
And when you ask this question in crypto forum I believe that there might be a single person that will choose gold because if many do surely they will face criticism and attack of favoring physical investment than Bitcoin.
Of course, when you question something that is a place for people who have one thing, they will be consistent with their choice.
yes, and this question turns into a single answered ask , but its an open forum so we can ask everything that we needed.
But in my opinion, why don't we take advantage of both, I mean don't create a guardrail when both have the same benefits. Says is probably one of the people who would rather do both than have to collide 2 things that can both make a profit. I'm sure you understand what I mean.
exactly , why need to choose one when you will have big options in having 2? I myself wanted to keep them both but yeah majority of my funds will be in bitcoin.
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Gold is a good physical investment for the long term and can also be used as a "safe haven" asset.
But Bitcoin cannot be made a Safe Haven because of its fluctuating nature with a fairly high volatility.
Having both of these investments will provide better value, from digital assets and physical investment assets such as gold.
It will also be very good for long-term investments with profits that will be seen in the next few years.
You are right that neither gold nor Bitcoin cannot be a very good tool for saving money; gold, for example, was previously very popular for saving money on Bitcoin; at the moment it is a very good tool for making money today and previously has always been considered the best tool for saving money. as well as earnings is the purchase of real estate and compulsory insurance of it
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Are you investing in BTC or gold?
I'm mostly focused on BTC, although I won't say that gold doesn't have some advantages over BTC. It is something that has been rooted in human civilization for thousands of years, and in modern times, gold has started to be used for various other applications in addition to jewelry or as coins. In the event that something very bad happens and we are left without the internet, it is no secret that BTC will be worth nothing, and gold can always be traded for anything.
Do you think BTC has become more attractive than gold in the investment sector?
This is a very likely possibility, because we live in a digital age where investors are increasingly turning to things like Bitcoin. Over time, that interest will surely grow even more, although gold will continue to be something that people will appreciate regardless of everything else.
Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
That's possible, although I wouldn't be surprised if he doesn't own BTC at all given how deeply he believes that gold is the best investment there is. However, according to some statements, his son is the one who invests in Bitcoin, and considering that he has been doing this for years, I have no doubt that he is glad that he did not listen to his father in everything.
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You are right that neither gold nor Bitcoin cannot be a very good tool for saving money; gold, for example, was previously very popular for saving money on Bitcoin; at the moment it is a very good tool for making money today and previously has always been considered the best tool for saving money. as well as earnings is the purchase of real estate and compulsory insurance of it
Bitcoin is one place to make a lot of money because we can take advantage of the very fluctuating price movements of Bitcoin so that the profits obtained will be very fast, but when you look at Gold, the price movement is relatively slow. Now technology is increasingly developing so everything will move to the world. digital and will probably make Gold just savings in old age when we can no longer carry out digital transactions.
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You are right that neither gold nor Bitcoin cannot be a very good tool for saving money; gold, for example, was previously very popular for saving money on Bitcoin; at the moment it is a very good tool for making money today and previously has always been considered the best tool for saving money. as well as earnings is the purchase of real estate and compulsory insurance of it
The merger of the two different investments will be more perfect because they complement each other.
And there will be many benefits to be obtained, but Bitcoin is indeed a high risk because of its price fluctuations and Gold with very low fluctuations.
I have both for the long term and if I feel the profit is maximum enough then I start selling some of it.
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You are right that neither gold nor Bitcoin cannot be a very good tool for saving money; gold, for example, was previously very popular for saving money on Bitcoin; at the moment it is a very good tool for making money today and previously has always been considered the best tool for saving money. as well as earnings is the purchase of real estate and compulsory insurance of it
Bitcoin is one place to make a lot of money because we can take advantage of the very fluctuating price movements of Bitcoin so that the profits obtained will be very fast, but when you look at Gold, the price movement is relatively slow. Now technology is increasingly developing so everything will move to the world. digital and will probably make Gold just savings in old age when we can no longer carry out digital transactions.
Yes, gold is not a very good asset for accumulation, both physical and electronic, because gold grows very slowly and much slower than inflation in all countries, so I would consider gold as some kind of tool for saving your money
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You are right that neither gold nor Bitcoin cannot be a very good tool for saving money; gold, for example, was previously very popular for saving money on Bitcoin; at the moment it is a very good tool for making money today and previously has always been considered the best tool for saving money. as well as earnings is the purchase of real estate and compulsory insurance of it
Bitcoin is one place to make a lot of money because we can take advantage of the very fluctuating price movements of Bitcoin so that the profits obtained will be very fast, but when you look at Gold, the price movement is relatively slow. Now technology is increasingly developing so everything will move to the world. digital and will probably make Gold just savings in old age when we can no longer carry out digital transactions.
Yes, gold is not a very good asset for accumulation, both physical and electronic, because gold grows very slowly and much slower than inflation in all countries, so I would consider gold as some kind of tool for saving your money
Gold price growth is very slow, so crypto lovers will prefer bitcoin for investment rather than gold. Let's imagine if we bought bitcoin during bearish 2022 and held it until today, how much profit would we get and compare it if in 2022 we bought gold and held it until now, of course bitcoin would be more profitable.
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I voted for BTC and so far the poll shows a wide margin in favor of BTC 16 - 1 the chart market sentiments of both Bitcoin and Gold market shows that Bitcoin is more attractive to invest right nwo, even though the volatility is very high.
Investors are more attractive on steady and big profit that Bitcoin can offer more than gold, I believe we will see this trend in the next ten years as Bitcoin supply is scarcier.
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Well, the bitcoin I earn from trading, when I get a profit from it, I buy other top altcoins, and for the others, I also sell meme coins and layer 2 as well. That's all I do,
and even with other cryptos that I trade, I only sell other cryptos that have potential.
And if I am lucky enough to get a big profit, I will, of course, also invest in gold, and I will just continue to do these trading activities that I used to do.
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You have to know things well with respect to gold and bitcoin, in value bitcoin surpasses the other, yes, but there are enormous differences in these assets that represent money, you have to highlight that gold represents financial security for the traditional economy and for everything that has to do with it, it represents the fluidity of the entire fiat market, it is the one that supports economies, saves economies and saves any financial situation, but I start from the point of view of the palpable money, the physical one, the one that we We must have, on the other hand, bitcoin is the money of the future, it is digital and represents another economy where inflation is not allowed by any of those phenomena, where bitcoin is the heart that does not suffer from any type of economic diseases, what it can suffer are low normal prices, but that at any time does not rise, thanks to supply and demand, I think that is what must be understood so as not to be comparing these two super important assets.
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I voted for BTC and so far the poll shows a wide margin in favor of BTC 16 - 1 the chart market sentiments of both Bitcoin and Gold market shows that Bitcoin is more attractive to invest right nwo, even though the volatility is very high.
Investors are more attractive on steady and big profit that Bitcoin can offer more than gold, I believe we will see this trend in the next ten years as Bitcoin supply is scarcier.
Investors are looking for assest that can give high profit overtime to invest in. Bitcoin is the current and future assest that can give the highest profit amongst other assets, which makes it to be more attractive. Both bitcoin and gold is good to invest in, but I would choose bitcoin to gold because we are talking about the future and not today.
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In terms of what was previously considered more attractive? In terms of hype and the opportunity to take profits faster and higher, maybe Bitcoin will be more attractive. However, when compared with the development and value of gold, it will be quite difficult to decide which one is more attractive. Personally, I am more inclined towards things that can make higher profits in less time. And even so, I personally am a gold and Bitcoin lover. So, should I choose that one? I don't think so. ;D
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I do not know that I can buy smaller pieces of gold but just knowing that now. I do not have it in mind to buy gold because it is physical and can be stolen. No matter how small or big it is. There are chances that it can be lost. Unlike bitcoin that has better security if you know how to securely hold your coins.
Though Gold is physical but it is not common for people to see. As for me I have not seen the raw Gold but only seen the refined one. And friend of mine who lived at the Northern part the country has followed Gold mining company to work for some months told me that Gold is measured by Per Ounce, Per Gram, Per Kilo. And people were comparing gold with bitcoin before but now from my own looking bitcoin has surpassed Gold in value but some people are still saying that Gold still pass bitcoin in the market capitalization.
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You are right that neither gold nor Bitcoin cannot be a very good tool for saving money; gold, for example, was previously very popular for saving money on Bitcoin; at the moment it is a very good tool for making money today and previously has always been considered the best tool for saving money. as well as earnings is the purchase of real estate and compulsory insurance of it
Bitcoin is one place to make a lot of money because we can take advantage of the very fluctuating price movements of Bitcoin so that the profits obtained will be very fast, but when you look at Gold, the price movement is relatively slow. Now technology is increasingly developing so everything will move to the world. digital and will probably make Gold just savings in old age when we can no longer carry out digital transactions.
Yes, gold is not a very good asset for accumulation, both physical and electronic, because gold grows very slowly and much slower than inflation in all countries, so I would consider gold as some kind of tool for saving your money
Gold price growth is very slow, so crypto lovers will prefer bitcoin for investment rather than gold. Let's imagine if we bought bitcoin during bearish 2022 and held it until today, how much profit would we get and compare it if in 2022 we bought gold and held it until now, of course bitcoin would be more profitable.
I think that Gold is the excesses of the past, now they have not started paying attention to this gold as an investment in they correctly said that if you compare Bitcoin in 2022 and gold, Bitcoin will undoubtedly be much more profitable.
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Yes, gold is not a very good asset for accumulation, both physical and electronic, because gold grows very slowly and much slower than inflation in all countries, so I would consider gold as some kind of tool for saving your money
I think gold is much better even if it grows steadily in value because there is no issue about its volatility and if once it start growing then steadily it grows well. Little bit issues are present everywhere and in every asset but we have to choose that one which is less volatile as compared to other one.
One can save money easily in gold but one disadvantage of gold is that you cannot sell it in hurry and quickly after buying it because there will be some money deducted during selling and you will be in loss. So I think in order to avoid this deduction one should remember that keeping gold for years will only keep your money saved and also will increase according to the increase in price.
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I think gold is much better even if it grows steadily in value because there is no issue about its volatility and if once it start growing then steadily it grows well. Little bit issues are present everywhere and in every asset but we have to choose that one which is less volatile as compared to other one.
Check the price of gold in 2011 to 2019 and see how disappointed those that bought gold in 2011 will have almost similar prices to sell it in 2019. But later in 2020 and above, the price rose more. Gold is more stable and seen more as a safe haven but the price movement is too sluggish for me and there may begin a time that bear market for gold may begin and which would be frustrating for those that want to invest in short term. I will still prefer to speculate on the price of bitcoin and invest when the price is low. Bitcoin will give me a better ROI.
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Investors are more attractive on steady and big profit that Bitcoin can offer more than gold, I believe we will see this trend in the next ten years as Bitcoin supply is scarcier.
Yeah, BTC is far more volatile than gold, but many investors do not mind and they will take the trade-off of volatility and risk for the possibility of high return on investment, especially in the long run. Gold is more of a store of value, it is not volatile and it retains its value for a long time, but it does not give huge returns like BTC, so it is down to the investor to decide which asset they prefer.
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Yes, gold is not a very good asset for accumulation, both physical and electronic, because gold grows very slowly and much slower than inflation in all countries, so I would consider gold as some kind of tool for saving your money
I think gold is much better even if it grows steadily in value because there is no issue about its volatility and if once it start growing then steadily it grows well. Little bit issues are present everywhere and in every asset but we have to choose that one which is less volatile as compared to other one.
One can save money easily in gold but one disadvantage of gold is that you cannot sell it in hurry and quickly after buying it because there will be some money deducted during selling and you will be in loss. So I think in order to avoid this deduction one should remember that keeping gold for years will only keep your money saved and also will increase according to the increase in price.
Stable gold is growing, you can look at the chart for yourself and see that at the peak of 2012, for 3 years, gold only fell in price, earlier there were also the same drops, and the fact that it generally grows constantly upward is like any other currency is growing constantly. I mean for a stable currency such as the dollar euro and if you compare it with Bitcoin, then Bitcoin will be much more interesting graph
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Stable gold is growing, you can look at the chart for yourself and see that at the peak of 2012, for 3 years, gold only fell in price, earlier there were also the same drops, and the fact that it generally grows constantly upward is like any other currency is growing constantly. I mean for a stable currency such as the dollar euro and if you compare it with Bitcoin, then Bitcoin will be much more interesting graph
Long-term, Gold appreciates over time but there are also periods where Gold prices decrease sharply, for example 1980-2000 and 2011-2015. This is similar to BTC in crypto winters, we have to accept that because adjustment is necessary after each strong uptrend. I think the biggest strength of Gold is its history + popularity + large marketcap + liquidity (measured by daily trading volume). BTC is only a new asset, so the volatility is also larger, making it more attractive than Gold in terms of investment. With spot BTC ETFs, allocating a few % of capital to invest in BTC is a fairly popular decision for large investment funds in the future.
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Stable gold is growing, you can look at the chart for yourself and see that at the peak of 2012, for 3 years, gold only fell in price, earlier there were also the same drops, and the fact that it generally grows constantly upward is like any other currency is growing constantly. I mean for a stable currency such as the dollar euro and if you compare it with Bitcoin, then Bitcoin will be much more interesting graph
Long-term, Gold appreciates over time but there are also periods where Gold prices decrease sharply, for example 1980-2000 and 2011-2015. This is similar to BTC in crypto winters, we have to accept that because adjustment is necessary after each strong uptrend. I think the biggest strength of Gold is its history + popularity + large marketcap + liquidity (measured by daily trading volume). BTC is only a new asset, so the volatility is also larger, making it more attractive than Gold in terms of investment. With spot BTC ETFs, allocating a few % of capital to invest in BTC is a fairly popular decision for large investment funds in the future.
Gold is a good investment commodity, but bitcoin is better than gold because it will provide higher profits than gold. We know gold will be more stable in its rise. Bitcoin provides many opportunities every 4 years, always touching a new ATH which is higher than the previous ATH. Buy bitcoin during a bearish season and hold it for 3-4 years, we will get much bigger profits than holding gold for 4 years. That's the fact
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For me personally, I would say that Bitcoin is more interesting than Gold, because in recent years the growth of Bitcoin has far exceeded what Gold has achieved. However, if we ask the majority of investors, especially those who still don't understand/skeptical about investing in Bitcoin, maybe they will say that Gold is a much more attractive investment since it is much more real and is invested in by more people globally. However, whether it is Bitcoin or Gold, both are worthy investments, but I prefer Bitcoin because it is much more promising.
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Stable gold is growing, you can look at the chart for yourself and see that at the peak of 2012, for 3 years, gold only fell in price, earlier there were also the same drops, and the fact that it generally grows constantly upward is like any other currency is growing constantly. I mean for a stable currency such as the dollar euro and if you compare it with Bitcoin, then Bitcoin will be much more interesting graph
Long-term, Gold appreciates over time but there are also periods where Gold prices decrease sharply, for example 1980-2000 and 2011-2015. This is similar to BTC in crypto winters, we have to accept that because adjustment is necessary after each strong uptrend. I think the biggest strength of Gold is its history + popularity + large marketcap + liquidity (measured by daily trading volume). BTC is only a new asset, so the volatility is also larger, making it more attractive than Gold in terms of investment. With spot BTC ETFs, allocating a few % of capital to invest in BTC is a fairly popular decision for large investment funds in the future.
There is one more thing with gold about which few people think that gold is used a lot in the manufacture of computer boards, complex boards of course, something for space, something else for some very expensive, very heavy equipment, and if a replacement for gold is found, then it will be more valuable even more than it has ever fallen, although it is always growing; it can simply stop due to just one Factor.
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For me personally, I would say that Bitcoin is more interesting than Gold, because in recent years the growth of Bitcoin has far exceeded what Gold has achieved. However, if we ask the majority of investors, especially those who still don't understand/skeptical about investing in Bitcoin, maybe they will say that Gold is a much more attractive investment since it is much more real and is invested in by more people globally. However, whether it is Bitcoin or Gold, both are worthy investments, but I prefer Bitcoin because it is much more promising.[/]
I think most of the crypto enthusiast is more positive on this since Bitcoin is way more profitable than Gold. Almost all of us are after on profits no doubt about that not unless you are a billionaire or the like that does not take profits seriously.
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There is one more thing with gold about which few people think that gold is used a lot in the manufacture of computer boards, complex boards of course, something for space, something else for some very expensive, very heavy equipment, and if a replacement for gold is found, then it will be more valuable even more than it has ever fallen, although it is always growing; it can simply stop due to just one Factor.
Many people have talked about the real need for Gold in electronics + jewelry + food, but I believe that they are not really as large as the need for people and governments to store value. Similarly, BTC also has the core value of easily moving assets across borders or creating Inscriptions, but it is also less than the investment demand.
Typically, investors only think about real values when they want to believe in the potential of Gold and BTC. They often set expectations and the ability for these assets to appreciate in value in the future when making investment decisions :)
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There is one more thing with gold about which few people think that gold is used a lot in the manufacture of computer boards, complex boards of course, something for space, something else for some very expensive, very heavy equipment, and if a replacement for gold is found, then it will be more valuable even more than it has ever fallen, although it is always growing; it can simply stop due to just one Factor.
Many people have talked about the real need for Gold in electronics + jewelry + food, but I believe that they are not really as large as the need for people and governments to store value. Similarly, BTC also has the core value of easily moving assets across borders or creating Inscriptions, but it is also less than the investment demand.
Typically, investors only think about real values when they want to believe in the potential of Gold and BTC. They often set expectations and the ability for these assets to appreciate in value in the future when making investment decisions :)
It is natural that all investors do not think in one day and everyone expects to see their profit from an investment for many years. Therefore, basically all investors do not invest and one thing is not even worth investing only for them because it is growing very much or even gold needs to be invested for everything that brings passive income and grows a little in price
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It is natural that all investors do not think in one day and everyone expects to see their profit from an investment for many years. Therefore, basically all investors do not invest and one thing is not even worth investing only for them because it is growing very much or even gold needs to be invested for everything that brings passive income and grows a little in price
Anad is right, we can't just think about getting big profits in a matter of days. because it took years from when the Bitcoin price was initially launched to be very cheap and now the price is so expensive. Everything requires a process and time.
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It is natural that all investors do not think in one day and everyone expects to see their profit from an investment for many years. Therefore, basically all investors do not invest and one thing is not even worth investing only for them because it is growing very much or even gold needs to be invested for everything that brings passive income and grows a little in price
15 years has been enough time for us to witness the potential of BTC in the financial market. The price of BTC has increased from a few cents to 73K USD, which is truly more impressive than the price increase of gold over the past 15 years. I myself am not a long-term investor, I invest in cycles: buying in the crypto winter and selling in the crypto summer, I do not intend to hold BTC for 10-20 years because no one knows for sure what can happen in that time.
Currently, I am quite satisfied that I chose BTC over Gold for my investment portfolio over the past few years. Maybe because I have a small capital, so I can accept higher risks. Suppose I have millions of USD, maybe I will be more cautious and allocate a part of my assets to Gold :)
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It is natural that all investors do not think in one day and everyone expects to see their profit from an investment for many years. Therefore, basically all investors do not invest and one thing is not even worth investing only for them because it is growing very much or even gold needs to be invested for everything that brings passive income and grows a little in price
15 years has been enough time for us to witness the potential of BTC in the financial market. The price of BTC has increased from a few cents to 73K USD, which is truly more impressive than the price increase of gold over the past 15 years. I myself am not a long-term investor, I invest in cycles: buying in the crypto winter and selling in the crypto summer, I do not intend to hold BTC for 10-20 years because no one knows for sure what can happen in that time.
Currently, I am quite satisfied that I chose BTC over Gold for my investment portfolio over the past few years. Maybe because I have a small capital, so I can accept higher risks. Suppose I have millions of USD, maybe I will be more cautious and allocate a part of my assets to Gold :)
Yes, it’s difficult to guess where is better, for example, do you know how to trade on the stock exchange? did you know that they trade there with leverage x1000,
And now think about what kind of profits they get there, for example, yesterday there was a drop of about 2%, for bitcoin this is a trifle, but for gold it’s a lot and everyone who took shorts yesterday (and probably everyone did)) and earned an average of 1% with leverage x1000 is a lot of money.)
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It is natural that all investors do not think in one day and everyone expects to see their profit from an investment for many years. Therefore, basically all investors do not invest and one thing is not even worth investing only for them because it is growing very much or even gold needs to be invested for everything that brings passive income and grows a little in price
15 years has been enough time for us to witness the potential of BTC in the financial market. The price of BTC has increased from a few cents to 73K USD, which is truly more impressive than the price increase of gold over the past 15 years. I myself am not a long-term investor, I invest in cycles: buying in the crypto winter and selling in the crypto summer, I do not intend to hold BTC for 10-20 years because no one knows for sure what can happen in that time.
Currently, I am quite satisfied that I chose BTC over Gold for my investment portfolio over the past few years. Maybe because I have a small capital, so I can accept higher risks. Suppose I have millions of USD, maybe I will be more cautious and allocate a part of my assets to Gold :)
I'm glad you've prove on your own that Bitcoin is a better investment than gold. It's been compared since then, and some individuals say gold is far better. Their reasoning is that, despite the minimal ROI, they are confident that it will not decrease. That is why they choose gold over bitcoin. One of the reasons I believe they prefer gold is that they are unfamiliar with Bitcoin.
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It is natural that all investors do not think in one day and everyone expects to see their profit from an investment for many years. Therefore, basically all investors do not invest and one thing is not even worth investing only for them because it is growing very much or even gold needs to be invested for everything that brings passive income and grows a little in price
Anad is right, we can't just think about getting big profits in a matter of days. because it took years from when the Bitcoin price was initially launched to be very cheap and now the price is so expensive. Everything requires a process and time.
Naturally, you can’t make a profit from an investment in a very short time, but with cryptocurrencies it’s possible, but I wouldn’t recommend buying Bitcoin and just sitting for 10 years waiting, you have to do the right thing, so before every good growth you need to sell it for a wonderful strong fall, you need to put a lot of money in even if you If you want to hold this bitcoin for 10 years, then after 10 years you will receive profits many times greater than if you just bought it and waited.
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I'm glad you've prove on your own that Bitcoin is a better investment than gold. It's been compared since then, and some individuals say gold is far better. Their reasoning is that, despite the minimal ROI, they are confident that it will not decrease. That is why they choose gold over bitcoin. One of the reasons I believe they prefer gold is that they are unfamiliar with Bitcoin.
A simple comparison of the growth of BTC and Gold over the past 15 years shows that BTC is a more attractive investment than Gold. Gold proponents have their own views, and I don't think they're stupid. They need the security that only Gold can provide due to its global acceptance. I'm not against accumulating Gold, but I think they should learn about BTC and allocate a few percent of their portfolio to BTC at the right time to get better returns.
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I'm glad you've prove on your own that Bitcoin is a better investment than gold. It's been compared since then, and some individuals say gold is far better. Their reasoning is that, despite the minimal ROI, they are confident that it will not decrease. That is why they choose gold over bitcoin. One of the reasons I believe they prefer gold is that they are unfamiliar with Bitcoin.
A simple comparison of the growth of BTC and Gold over the past 15 years shows that BTC is a more attractive investment than Gold. Gold proponents have their own views, and I don't think they're stupid. They need the security that only Gold can provide due to its global acceptance. I'm not against accumulating Gold, but I think they should learn about BTC and allocate a few percent of their portfolio to BTC at the right time to get better returns.
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.
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In as much as Gold has been in existence for decades, long before Bitcoin was birthed, and it's stable nature (unlike Bitcoin's volatile nature) has made people consider gold as the safest asset when considering wealth storage and preservation.
But bitcoin on the other hand has much more potential than Gold as it's volatile nature gives it an edge over Gold, because it has the potential for higher profitability than Gold, so except you're just looking for a way to store your wealth without wishing to undergo the emotional stress of watching your money go down and up, the best option is certainly bitcoin.
You really don't need any sort of experience or knowledge to be able to possess gold, but on the contrary, without the necessary knowledge and experiences, you could end up losing your money by possessing bitcoin because you might end up making a wrong choice that'll affect your investment, negatively of course.
But when you have these knowledge and experiences, then you'll realize that not only is Bitcoin one of the safest methods of storing wealth overtime, but you'll also realize that it has much more higher profitability than Gold, so yes, with the right knowledge, Bitcoin has become more attractive than Gold.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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.
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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.
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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.
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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.
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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.
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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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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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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.
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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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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.
I feel that every human being has got their own share of wealth. If you don't have much time to look at the market because you are busy in the real world then you should be grateful because your wealth does not depend on market conditions because you have a job in the real world, for them Those who become professional traders don't necessarily get jobs in the real world because the time they spend is just researching exchanges to find good strategies for making profits in the market.
If you want to become a professional trader but still want to have a job in the real world then I can say you are a greedy person.
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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.
I feel that every human being has got their own share of wealth. If you don't have much time to look at the market because you are busy in the real world then you should be grateful because your wealth does not depend on market conditions because you have a job in the real world, for them Those who become professional traders don't necessarily get jobs in the real world because the time they spend is just researching exchanges to find good strategies for making profits in the market.
If you want to become a professional trader but still want to have a job in the real world then I can say you are a greedy person.
It is true what he says, we must not forget something very important, when we invest, we are aware of what we are doing, there are people who are from the new generations or those who do not believe in old investments, but believe only in bitcoin and give them more importance to bitcoin than to gold, so this may be a Tendency of the younger generation, they see gold as something valuable , but really valuable for them is bitcoin because the price inflates very much and they just wait and sell At the highest point, they are happy with that, and that is something that cannot be denied, we have always been people who generate and want to Generate money with our work, here it is evident that it can be done, I give you these moments more importance to bitcoin than to gold.
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Over the past 7 years, the cue ball has become an attractive tool for making money and naturally it has become much more attractive than gold because those who bought bitcoin 2-3-7 years ago are now seeing a multiple increase in their balance sheet, gold has not grown that much during this time and bitcoin continues to grow every 2-3 years increasing several times.
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Over the past 7 years, the cue ball has become an attractive tool for making money and naturally it has become much more attractive than gold because those who bought bitcoin 2-3-7 years ago are now seeing a multiple increase in their balance sheet, gold has not grown that much during this time and bitcoin continues to grow every 2-3 years increasing several times.
And the reason is simple, and it's because, bitcoin is much more accessible to every one than gold is, I learnt about gold while I was very young and growing up, I swore to invest in gold as soon as I start working and making my own money, that time eventually came when I start working and making little money every month, I remembered I vowed to invest in gold, when I tried asking around, searching the internet, and learning all the stress i will have to put myself through just to be able to invest in gold, not to talk of the minimum amount of money required to invest which I don't even have half of, I simply gave up, with the conclusion that investing in gold was something reserved for the rich and not the poor like me then.
Bitcoin came and as we can see, anybody anywhere in the world with internet connection can buy bitcoin worth any amount, even $1, this has contributed greatly to the reason why bitcoin has become a favorite than gold to most people today.
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Over the past 7 years, the cue ball has become an attractive tool for making money and naturally it has become much more attractive than gold because those who bought bitcoin 2-3-7 years ago are now seeing a multiple increase in their balance sheet, gold has not grown that much during this time and bitcoin continues to grow every 2-3 years increasing several times.
Cant really be able to deny that when it comes to return then Bitcoin did really give out that enourmous profit specially into those people who had bought earlier or someone who did able to engage with it on earliest time. This is why its not really that shocking that there would really be some sort of comparison into gold on which you cant blame out that people would really be having that kind of approach and impressions about on whose better investment on which its not really that shocking at all. This is why on the time that they would really be able to make those kind of different gains or numbers then people would stick into those which one is better.
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People are really going for bitcoin than gold because of many reasons whereby they see its more safe and affordable to invest on than gold, when we consider the aspect that gold is being centralized whereas bitcoin is not, you will also need a large amount of money before you invest on gold unlike bitcoin, whereby as little as possible amount of money can be use to start an investment in it.
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Over the past 7 years, the cue ball has become an attractive tool for making money and naturally it has become much more attractive than gold because those who bought bitcoin 2-3-7 years ago are now seeing a multiple increase in their balance sheet, gold has not grown that much during this time and bitcoin continues to grow every 2-3 years increasing several times.
And the reason is simple, and it's because, bitcoin is much more accessible to every one than gold is, I learnt about gold while I was very young and growing up, I swore to invest in gold as soon as I start working and making my own money, that time eventually came when I start working and making little money every month, I remembered I vowed to invest in gold, when I tried asking around, searching the internet, and learning all the stress i will have to put myself through just to be able to invest in gold, not to talk of the minimum amount of money required to invest which I don't even have half of, I simply gave up, with the conclusion that investing in gold was something reserved for the rich and not the poor like me then.
Bitcoin came and as we can see, anybody anywhere in the world with internet connection can buy bitcoin worth any amount, even $1, this has contributed greatly to the reason why bitcoin has become a favorite than gold to most people today.
Well, by the way, this is a very important problem for those who want to invest and do not understand how the market works and what it means to buy a share or a piece of gold. Some people think that it all works the old fashioned way, that stocks are paper bonds and simple gold is a real piece of gold. But in reality In fact, everything is much more complicated and now everything works via the Internet, and yes, you are right that now you have to go through three circles of hell to buy a piece of gold and in the end you will not see good profits from this purchase. Bitcoin, of course, is much better, just went in and bought it.
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People are really going for bitcoin than gold because of many reasons whereby they see its more safe and affordable to invest on than gold, when we consider the aspect that gold is being centralized whereas bitcoin is not, you will also need a large amount of money before you invest on gold unlike bitcoin, whereby as little as possible amount of money can be use to start an investment in it.
according to the Poll it is bitcoin that wins because this has been tackled here in crypto forum , but for those who are into physical investment for sure they will disagree in the result .
I am for bitcoin also but not of because being safer as this is also a riskier investment but because of the best return that i cannot find in gold or other investment form.
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People are really going for bitcoin than gold because of many reasons whereby they see its more safe and affordable to invest on than gold, when we consider the aspect that gold is being centralized whereas bitcoin is not, you will also need a large amount of money before you invest on gold unlike bitcoin, whereby as little as possible amount of money can be use to start an investment in it.
according to the Poll it is bitcoin that wins because this has been tackled here in crypto forum , but for those who are into physical investment for sure they will disagree in the result .
I am for bitcoin also but not of because being safer as this is also a riskier investment but because of the best return that i cannot find in gold or other investment form.
Yeah it is all the matter of choice either we like to invest in centralized assets or decentralized ones like Bitcoin. But in my own perspective people are now trying to jump into Bitcoin because of some positive events. The only thing with Bitcoin is that it is a high risk high reward investment whereas gold it is more stable physical asset that does not gave opportunities like Bitcoin.
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People are really going for bitcoin than gold because of many reasons whereby they see its more safe and affordable to invest on than gold, when we consider the aspect that gold is being centralized whereas bitcoin is not, you will also need a large amount of money before you invest on gold unlike bitcoin, whereby as little as possible amount of money can be use to start an investment in it.
according to the Poll it is bitcoin that wins because this has been tackled here in crypto forum , but for those who are into physical investment for sure they will disagree in the result .
I am for bitcoin also but not of because being safer as this is also a riskier investment but because of the best return that i cannot find in gold or other investment form.
Yeah it is all the matter of choice either we like to invest in centralized assets or decentralized ones like Bitcoin. But in my own perspective people are now trying to jump into Bitcoin because of some positive events. The only thing with Bitcoin is that it is a high risk high reward investment whereas gold it is more stable physical asset that does not gave opportunities like Bitcoin.
If we talk about investment then the best thing to do is bitcoin, you can see how much the price of bitcoin was when it was in 2010 and how much the price of bitcoin is this year. We compare this because bitcoin was first created in 2009 and many people underestimated the price of bitcoin until now it has a very crazy price.
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Yeah it is all the matter of choice either we like to invest in centralized assets or decentralized ones like Bitcoin. But in my own perspective people are now trying to jump into Bitcoin because of some positive events. The only thing with Bitcoin is that it is a high risk high reward investment whereas gold it is more stable physical asset that does not gave opportunities like Bitcoin.
Bitcoin is a symbol of freedom, and many people seem to want that freedom. Gold and Bitcoin are always compared, but it is like apples and oranges, because they both have different mechanisms due to the large gap in their emergence, so comparing them actually cannot be detailed.
Viewed from an investment perspective, it is clear that Bitcoin is more accessible which makes it easier for many people to get it... starting from $10 we can all have BTC... in contrast to gold which only targets rich people, because the price is expensive and there is a lower limit to buy gold is not lower than the lower limit of buying BTC.
In other words, Bitcoin is actually friendlier than gold, which is why we see a more rapid growth in Bitcoin interest from time to time.