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.
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Thanks for sharing this news with us as I did not know about Nilam before and how they are going to buy a MindWave company which has around 24,800 BTC. I am wondering why they are buying this company as they can directly buy 24,800 BTC which could add more demand in the market and price could go up. Well, I wonder at what rates they might have bought it. Besides this amount is not small, as at the current market price it is almost nearly $1.5+ billion. A gold mining company buying that much BTC is not a small thing.
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?
1. I am investing in BTC as it have more potential in compared to Gold.
2. Yes, I think BTC has way more potential in compared to Gold, but it would be idiotic if we kept all of our funds in BTC only as diversification is necessary to minimize the risk of losing all of our funds at once.
3. I think yeah.
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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.
How can Bitcoin be friendlier than gold? Do we remember when mining Bitcoin what we should pay most attention to? room temperature, next is the electricity used with all of that. I consider bitcoin not environmentally friendly, so how can you say that bitcoin is friendlier than gold?
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1. I am investing in BTC as it have more potential in compared to Gold.
2. Yes, I think BTC has way more potential in compared to Gold, but it would be idiotic if we kept all of our funds in BTC only as diversification is necessary to minimize the risk of losing all of our funds at once.
3. I think yeah.
Both have potential to increase in price but Bitcoin is thought to be more friendly because its success is rapid while gold will take time to increase. People often choose one of them but if they choose both of these assets then they will be in more profit so I think they will hold Bitcoin up to four years and also hold some gold when it grows more then sell it.
I will say that as compared to Bitcoin gold is a more trusted asset as fluctuations in gold are not as high as that of in Bitcoin. We cannot ignore the profitability of any of these so buy both and hold to get revenue from both.
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Both have potential to increase in price but Bitcoin is thought to be more friendly because its success is rapid while gold will take time to increase. People often choose one of them but if they choose both of these assets then they will be in more profit so I think they will hold Bitcoin up to four years and also hold some gold when it grows more then sell it.
I will say that as compared to Bitcoin gold is a more trusted asset as fluctuations in gold are not as high as that of in Bitcoin. We cannot ignore the profitability of any of these so buy both and hold to get revenue from both.
No doubt fluctuations are not as high as in BTC. But that's what makes it more attractive for investment. I mean we can gain more on BTC and it is not even gambling, like we are not going to lose it all. If we are not able to make a profit in one cycle then we will wait for another. And this cyclic behavior of BTC can make us a hell lot of money in the long run.
Gold no doubt is more attractive as it's traditional, but think for another second that what if people leave the ritual of giving and taking gold in marriages ( I know in foreign countries it won't happen) and replace Gold with BTC? Demand will increase greatly. BTW a lot of people consider this POV of us wrong, they say BTC should not be used as long-term investment to store the value of our money while it should be used as currency like p2p. Well, in short we should fill our bags from all the pools, and if BTC is giving us more profit with some risk then we should invest in it what we don't afraid to lose and will invest in Gold what I afraid to lose.
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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?
Of course I invested in Bitcoin as well as I bought some gold jewelry for my wife which is equivalent to an investment. I am making a lot of profit from the price I bought the gold jewelery for my wife at the current price. Moreover, the bitcoins I have invested in have multiplied many times over bitcoin gold. Of course I think BTC has become more attractive than gold. Now bitcoin has become much more attractive than gold in terms of popularity and demand among people. With the way BTC is attracting people's attention, it looks like it will become the most popular ever. Maybe people like Peter Schiff can hoard a lot of bitcoins when the bitcoin market goes down. Especially from our side if we exchange when we see bitcoin going down then why wouldn't those kind of influencers buy bitcoin of course they buy bitcoin and invest.
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If anyone didn’t know, in the last month all over the world, all the largest investment funds and banks have planned to buy Bitcoin for different amounts; some of them are already starting to buy, well, in the future. More precisely, this year, banks and funds are planning to buy Bitcoin for unrealistically huge amounts of money.
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If anyone didn’t know, in the last month all over the world, all the largest investment funds and banks have planned to buy Bitcoin for different amounts; some of them are already starting to buy, well, in the future. More precisely, this year, banks and funds are planning to buy Bitcoin for unrealistically huge amounts of money.
It's very good if big banks buy bitcoin because this will have a good impact on the price of bitcoin. As long as after buying, you don't take any action that dumps the bitcoin price, for example by selling the bitcoin price.
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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.
Bitcoin is digital gold to the new generation. People who once invested in Bitcoin will never be encouraged to invest in Gold. A Bitcoin holder carries his wealth with him wherever he goes around the world. He can take advantage of his wealth whenever he wants but Gold has no such advantage. After holding for a long time gold price increase but that is not enough. It cannot even protect against inflation. Considering these factors, Bitcoin is the only best choice.
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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.
Bitcoin is digital gold to the new generation. People who once invested in Bitcoin will never be encouraged to invest in Gold. A Bitcoin holder carries his wealth with him wherever he goes around the world. He can take advantage of his wealth whenever he wants but Gold has no such advantage. After holding for a long time gold price increase but that is not enough. It cannot even protect against inflation. Considering these factors, Bitcoin is the only best choice.
Gold is an investment for the older generation, and we see that currently the younger generation is starting to be interested in investing in bitcoin and altcoins. They prefer to buy crypto and hold it for some time to make a profit.
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If anyone didn’t know, in the last month all over the world, all the largest investment funds and banks have planned to buy Bitcoin for different amounts; some of them are already starting to buy, well, in the future. More precisely, this year, banks and funds are planning to buy Bitcoin for unrealistically huge amounts of money.
It's very good if big banks buy bitcoin because this will have a good impact on the price of bitcoin. As long as after buying, you don't take any action that dumps the bitcoin price, for example by selling the bitcoin price.
Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
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Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
When demand increases, it will affect the price of bitcoin which can rise and clearly this is good news for us, especially for people who have held bitcoin for a long time, because it is very likely that holders can make more profit than what we feel now .
For us, we will be happy when many people start paying attention to bitcoin, especially those who are investors who have large amounts of capital, because that will influence price movements.
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If anyone didn’t know, in the last month all over the world, all the largest investment funds and banks have planned to buy Bitcoin for different amounts; some of them are already starting to buy, well, in the future. More precisely, this year, banks and funds are planning to buy Bitcoin for unrealistically huge amounts of money.
It's very good if big banks buy bitcoin because this will have a good impact on the price of bitcoin. As long as after buying, you don't take any action that dumps the bitcoin price, for example by selling the bitcoin price.
- It is really better to buy Bitcoin compared to gold, as far as I know other gold investors have moved their funds to Bitcoin first because they know there is a bull run coming this year to next year.
And for sure the other gold investors will hear that they are going back to the bear market, they will sell their bitcoin and they will go back to gold again because the price of Bitcoin is going back to the downtrend.
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Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
When demand increases, it will affect the price of bitcoin which can rise and clearly this is good news for us, especially for people who have held bitcoin for a long time, because it is very likely that holders can make more profit than what we feel now .
For us, we will be happy when many people start paying attention to bitcoin, especially those who are investors who have large amounts of capital, because that will influence price movements.
Of course, this news is very good and naturally it will have a very good effect on the price increase and this is very good. Not only for those who hold Bitcoin for a very long time. But also for those who just want to buy it. By simply doing analytics, people can now understand that now it is also very good. time to buy Bitcoin and hold it.
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If anyone didn’t know, in the last month all over the world, all the largest investment funds and banks have planned to buy Bitcoin for different amounts; some of them are already starting to buy, well, in the future. More precisely, this year, banks and funds are planning to buy Bitcoin for unrealistically huge amounts of money.
It's very good if big banks buy bitcoin because this will have a good impact on the price of bitcoin. As long as after buying, you don't take any action that dumps the bitcoin price, for example by selling the bitcoin price.
Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
Currently, without us realizing it, the number of wallets that store bitcoin continues to increase quite rapidly. And indeed many institutions are getting into bitcoin. Especially after the Bitcoin ETF was approved. Without us realizing it, the world's big companies also continue to accumulate more than we thought. And this is indeed good news in the growth of bitcoin adoption. And with this perhaps the price of bitcoin will not fall further except in the bear market that will come after the bullrun.
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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.
In other words you live neither in Vietnam nor in China
(https://i.ibb.co/vqxLg48/1-2.png)
(https://i.ibb.co/3pVs5PL/6.png).........(https://i.ibb.co/FzGYt1D/7.png).........(https://i.ibb.co/zstPBHX/8.png)
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If anyone didn’t know, in the last month all over the world, all the largest investment funds and banks have planned to buy Bitcoin for different amounts; some of them are already starting to buy, well, in the future. More precisely, this year, banks and funds are planning to buy Bitcoin for unrealistically huge amounts of money.
It's very good if big banks buy bitcoin because this will have a good impact on the price of bitcoin. As long as after buying, you don't take any action that dumps the bitcoin price, for example by selling the bitcoin price.
Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
It will help bitcoin price to soar high but it is not the right way to the way bitcoin was designed, and that will be against decentralization. I feel that the main purpose why bitcoin is becoming popular and the value is increasing is because of its decentralized nature and scalability. Big banks buying bitcoin shows that they are using bitcoin as their reserve funds to save their fiat currency from inflation.
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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.
In other words you live neither in Vietnam nor in China
nor in Korea
(https://i.ibb.co/BZ9jcHT/7.png)..............(https://i.ibb.co/CHmCf57/9.png)
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Well, after seeing the vote,the vote results for a cryptocurrency forum favoring Bitcoin are unsurprising. For me, Bitcoin is also more attractive because it's appeal lies in its true digital ownership, unlike gold stocks.
Also, Bitcoin's usability extends beyond a mere store of value, and with that, I've been able to leverage Bitget's smart portfolio feature, using Bitcoin as a profit-taking asset against other cryptocurrencies, which has proven to be an effective strategy for me.
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After holding for a long time gold price increase but that is not enough. It cannot even protect against inflation. Considering these factors, Bitcoin is the only best choice.
So many people in the USA disagreeing with you...
(https://cms.zerohedge.com/s3/files/inline-images/2024-05-13_05-23-32.jpg?itok=VsIcsjeS)
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If anyone didn’t know, in the last month all over the world, all the largest investment funds and banks have planned to buy Bitcoin for different amounts; some of them are already starting to buy, well, in the future. More precisely, this year, banks and funds are planning to buy Bitcoin for unrealistically huge amounts of money.
It's very good if big banks buy bitcoin because this will have a good impact on the price of bitcoin. As long as after buying, you don't take any action that dumps the bitcoin price, for example by selling the bitcoin price.
Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
Currently, without us realizing it, the number of wallets that store bitcoin continues to increase quite rapidly. And indeed many institutions are getting into bitcoin. Especially after the Bitcoin ETF was approved. Without us realizing it, the world's big companies also continue to accumulate more than we thought. And this is indeed good news in the growth of bitcoin adoption. And with this perhaps the price of bitcoin will not fall further except in the bear market that will come after the bullrun.
Yes, you are right. This can be seen even just by the growth of new wallets; they are increasing every day by a huge number. If compared with the number that was 3-4 years ago, now they have doubled or tripled, which means that Bitcoin is now held by a lot more people the sooner and this only leads to higher prices.
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Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
When demand increases, it will affect the price of bitcoin which can rise and clearly this is good news for us, especially for people who have held bitcoin for a long time, because it is very likely that holders can make more profit than what we feel now .
For us, we will be happy when many people start paying attention to bitcoin, especially those who are investors who have large amounts of capital, because that will influence price movements.
This is, of course, very good. In particular, not only the fact that banks are buying a lot of Bitcoin, but the fact is that the banks themselves will begin to advertise this Bitcoin to the masses, and they have a lot of money and will spend a lot of money on advertising and their advertising will not be easy, but very much with the involvement very influential people, which means that many more people will buy Bitcoin than will buy from banks.
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This is, of course, very good. In particular, not only the fact that banks are buying a lot of Bitcoin, but the fact is that the banks themselves will begin to advertise this Bitcoin to the masses, and they have a lot of money and will spend a lot of money on advertising and their advertising will not be easy, but very much with the involvement very influential people, which means that many more people will buy Bitcoin than will buy from banks.
If the impact of banks buying bitcoin is like banks advertising bitcoin so that people buy bitcoin to invest, that is very good for the crypto market. because if many people buy bitcoin, the increased demand will make the price of bitcoin rise high.
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(https://cms.zerohedge.com/s3/files/inline-images/2024-05-13_05-23-32.jpg?itok=VsIcsjeS)
To say that gold is not an inflation hedge is just delusional, I should say. Gold has always been that way. Sure, it is harder to buy than Bitcoin, and doesn't have big gains or losses like it, but it's stable, and that's why lots of businesses and people still use it as a store of value.
Bitcoin is a bit too volatile for that but it suits most people's needs for generating wealth. Me personally though, I just use it as currency as it was intended to be.
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Bitcoin is a bit too volatile for that but it suits most people's needs for generating wealth. Me personally though, I just use it as currency as it was intended to be.
I prefer to hold Bitcoin over fiat currencies.
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(https://cms.zerohedge.com/s3/files/inline-images/2024-05-13_05-23-32.jpg?itok=VsIcsjeS)
To say that gold is not an inflation hedge is just delusional, I should say. Gold has always been that way. Sure, it is harder to buy than Bitcoin, and doesn't have big gains or losses like it, but it's stable, and that's why lots of businesses and people still use it as a store of value.
Bitcoin is a bit too volatile for that but it suits most people's needs for generating wealth. Me personally though, I just use it as currency as it was intended to be.
In fact, gold has always been the best "Safe Haven" Asset because of its stable value and cannot be compared with Bitcoin which is very volatile.
Both are different and cannot be equated, Bitcoin will certainly generate profits faster and more with fluctuations that occur, but the risk is also quite large.
I use bitcoin now just to take more profits for the long term and don't really use it as a currency like you do.
Because this is also related to existing regulations in my country which can only be as commodity assets.
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In fact, gold has always been the best "Safe Haven" Asset because of its stable value and cannot be compared with Bitcoin which is very volatile.
Both are different and cannot be equated, Bitcoin will certainly generate profits faster and more with fluctuations that occur, but the risk is also quite large.
+1 from me
BTC and Gold have different tasks.
Gold main task is to keep people purchasing power.
BTC main task is to multiply that purchasing power.
Comparing the performance of BTC vs. Gold makes little sense.
They say "BTC is better than gold because its performance is better", "Stocks are better than gold because they perform better".
Silly arguments.
They forget volatility.
Those who put their savings in BTC in 2021, those who put their savings in the stock markets in 1999 or 2007, a couple of months later either they have had a heart attack or they have shot themselves in the balls.
Unfortunately most people here are fixated with performance, so they compare gold and BTC performance and forget to compare their volatility.
For those who want to save - keep in mind the difference between saving and investing (https://www.altcoinstalks.com/index.php?topic=310959.msg1485291#msg1485291) - volatility is more important than performance.
Compare BTC volatility with gold volatility and tell me who wins
(https://i.ibb.co/nfN4Qsk/3.png)
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If the impact of banks buying bitcoin is like banks advertising bitcoin so that people buy bitcoin to invest, that is very good for the crypto market. because if many people buy bitcoin, the increased demand will make the price of bitcoin rise high.
Everything that encourages people to buy bitcoin is good, because at this point things are very decisive when it comes to investment, it is very obvious that bitcoin is more attractive than gold, so we are waiting for bitcoin to reach a new great ATH, that makes anyone very happy , gold for its part is something else, it is an asset that is very good to own, but you have to Buy a lot and a lot of Gold to have as a safe haven, it has no volatility and it is guaranteed to be safe, but let's say if bitcoin reaches more than $100k it is very obvious that it will be more popular , so bitcoin later drops in price, it does not matter because it is invested and is there for when it Explodes again.
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-snip-
They say "BTC is better than gold because its performance is better", "Stocks are better than gold because they perform better".
Silly arguments.
They forget volatility.
Those who put their savings in BTC in 2021, those who put their savings in the stock markets in 1999 or 2007, a couple of months later either they have had a heart attack or they have shot themselves in the balls.
Unfortunately most people here are fixated with performance, so they compare gold and BTC performance and forget to compare their volatility.
For those who want to save - keep in mind the difference between saving and investing (https://www.altcoinstalks.com/index.php?topic=310959.msg1485291#msg1485291) - volatility is more important than performance.
Compare BTC volatility with gold volatility and tell me who wins
(https://i.ibb.co/nfN4Qsk/3.png)
Comparing 2 things that are actually different because they both have different characteristics.
But in fact those who only see from one point of view about how they perform, even though volatility is also an important indicator for investment.
The high volatility of bitcoin provides faster returns on investments made even though the risk is also large.
But that volatility will not happen to gold, these are two different things, but both have their own advantages and disadvantages.
I now have both and both are also profitable.
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Now bitcoin has become much more attractive than gold in terms of popularity and demand among people. With the way BTC is attracting people's attention, it looks like it will become the most popular ever.
Primo
clearly you live neither in Vietnam ...
(https://i.ibb.co/vqxLg48/1-2.png)
nor in China ...
(https://i.ibb.co/3pVs5PL/6.png).........(https://i.ibb.co/FzGYt1D/7.png).........(https://i.ibb.co/zstPBHX/8.png)
nor in Korea ...
(https://i.ibb.co/BZ9jcHT/7.png)..............(https://i.ibb.co/CHmCf57/9.png)
nor in Japan ...
(https://i.ibb.co/DK1GGZn/1.png)
Anybody from an Arab or Muslim country?
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In fact, gold has always been the best "Safe Haven" Asset because of its stable value and cannot be compared with Bitcoin which is very volatile.
Both are different and cannot be equated, Bitcoin will certainly generate profits faster and more with fluctuations that occur, but the risk is also quite large.
I use bitcoin now just to take more profits for the long term and don't really use it as a currency like you do.
Because this is also related to existing regulations in my country which can only be as commodity assets.
Many people just compare the importance of gold with Bitcoin but I think both assets are different from one another and anyone can invest in any of these or in both of them. The use of gold and Bitcoin cannot be ignored but we should also prefer one over the other therefore if someone wants to hold Bitcoin then he should hold it and if someone wants to hold gold then there is not an issue but people often prefer Bitcoin due to its quick increase while they ignore the high volatility with Bitcoin.
Any type of asset will have both advantages and disadvantages so we have to keep both of them in our mind, people want to ask about any one of these assets which is better to put money in but they don't want to take the benefit from both.
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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.
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.
If gold is too expensive people buy silver.
Silver is a precious metal just like gold.
Investing in Silver is much more widespread than investing in gold or BTC.
In China silver items are being sold 20-30% over Western paper silver price.
(https://i.ibb.co/WKmPLJ0/1.png)
Gold just hit its All Time High
Silver hit its 10 years ATH
For traders
Gold & Silver Trading (https://www.altcoinstalks.com/index.php?topic=321394.0)
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Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
When demand increases, it will affect the price of bitcoin which can rise and clearly this is good news for us, especially for people who have held bitcoin for a long time, because it is very likely that holders can make more profit than what we feel now .
For us, we will be happy when many people start paying attention to bitcoin, especially those who are investors who have large amounts of capital, because that will influence price movements.
Of course, this news is very good and naturally it will have a very good effect on the price increase and this is very good. Not only for those who hold Bitcoin for a very long time. But also for those who just want to buy it. By simply doing analytics, people can now understand that now it is also very good. time to buy Bitcoin and hold it.
Inasmuch as that would be a very tremendous turn around for bitcoin and its holders if banks would end up buying bitcoin, because that means more adoption and we know the more the adoption the higher the demand and the higher the price, but let's not forget to understand too that inasmuch as this is good for people who have been holding for a long time, it wouldn't be the same for small investors, because when the price demand for bitcoin increases drastically, that also means that transaction fees would also increase immensely, and this wouldn't be such a good news for petty or small investors.
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Of course, this is very good news, because if large banks buy cryptocurrency, including Bitcoin, then all cryptocurrency will rise in price, plus there was recently a Bitcoin halving and miners who are engaged in large-scale mining of Bitcoin will buy it in order to raise the price in order for them it was profitable to mine it.
When demand increases, it will affect the price of bitcoin which can rise and clearly this is good news for us, especially for people who have held bitcoin for a long time, because it is very likely that holders can make more profit than what we feel now .
For us, we will be happy when many people start paying attention to bitcoin, especially those who are investors who have large amounts of capital, because that will influence price movements.
Of course, this news is very good and naturally it will have a very good effect on the price increase and this is very good. Not only for those who hold Bitcoin for a very long time. But also for those who just want to buy it. By simply doing analytics, people can now understand that now it is also very good. time to buy Bitcoin and hold it.
Inasmuch as that would be a very tremendous turn around for bitcoin and its holders if banks would end up buying bitcoin, because that means more adoption and we know the more the adoption the higher the demand and the higher the price, but let's not forget to understand too that inasmuch as this is good for people who have been holding for a long time, it wouldn't be the same for small investors, because when the price demand for bitcoin increases drastically, that also means that transaction fees would also increase immensely, and this wouldn't be such a good news for petty or small investors.
You are right, I agree with you that if demand is high traffic will be high, this means gas fees will also rise and the price factor will also influence it. It's also good if banks buy bitcoins, this is a sign that bitcoins can be used for banking transactions.
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(https://cms.zerohedge.com/s3/files/inline-images/2024-05-13_05-23-32.jpg?itok=VsIcsjeS)
To say that gold is not an inflation hedge is just delusional, I should say. Gold has always been that way. Sure, it is harder to buy than Bitcoin, and doesn't have big gains or losses like it, but it's stable, and that's why lots of businesses and people still use it as a store of value.
Bitcoin is a bit too volatile for that but it suits most people's needs for generating wealth. Me personally though, I just use it as currency as it was intended to be.
In fact, gold has always been the best "Safe Haven" Asset because of its stable value and cannot be compared with Bitcoin which is very volatile.
Both are different and cannot be equated, Bitcoin will certainly generate profits faster and more with fluctuations that occur, but the risk is also quite large.
I use bitcoin now just to take more profits for the long term and don't really use it as a currency like you do.
Because this is also related to existing regulations in my country which can only be as commodity assets.
Well yeah, this suits my taste and preference. As long as Bitcoin is good in my country it will be one of my income generating asset just like you did because gold is way too stable and I think it is only good as a back-up asset to diversify our investments which is also a future proof one.
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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
Very right
Many gold people do the same: trade (derivatives, stocks, cryptos...) and what they earn out of trading they put into saving (gold).
First comes saving, then investing, then speculating, then if you are not married gambling :D
Imo BTC is not good for saving.
If you look at BTC's correlation with the saving vehicle Nr 1 - Gold - you see an inverse correlation
(https://i.ibb.co/D5kH3FY/4.png)
I am just a commoner who is trying to climb the ladder in this society
Aren't we all :D
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Bitcoin and Gold both are good i think. But if anyone tell to choose one of them then i will choose Bitcoin. Because now we are leaving in the digital era. So cryptocurrency being popular day by day. In future people couldn’t take not taka they will use digital money like. So day by day bitcoins popularity will increase there has no doubt.
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I think it's up there among the top for what a person should invest in, however its honestly depends on each persons investment goals and risk tolerance. Gold is less risky with a proven track record and lower volatility whereas with Bitcoin there potential for high returns with higher risks as well. Diversification is honestly the most sensible approach where this is concerned. There is no rule stating you have to invest in only one of them.
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Why comparing always BTC only with Gold?
Silver is a precious metal too! :D
(https://i.ibb.co/R9gYKmm/Bildschirmfoto-2024-05-20-um-15-53-44.png)
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Why comparing always BTC only with Gold?
Silver is a precious metal too! :D
(https://i.ibb.co/R9gYKmm/Bildschirmfoto-2024-05-20-um-15-53-44.png)
Attractiveness according to one person will be different according to another person, which means that if you compare the market cap between Bitcoin and Silver or Gold, then in terms of numbers Bitcoin's market cap is still inferior, but some people consider Bitcoin attractive because of its function and investment opportunities.
Bitcoin is closely related to Blockchain technology, so I am sure that some of the people who are interested in Bitcoin have never considered the size of the market cap, but rather its function. For me, the market cap list in the picture is only a general measure, whereas I don't really need it for my purposes of investing in Bitcoin.
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Comparing 2 things that are actually different because they both have different characteristics.
But in fact those who only see from one point of view about how they perform, even though volatility is also an important indicator for investment.
The high volatility of bitcoin provides faster returns on investments made even though the risk is also large.
But that volatility will not happen to gold, these are two different things, but both have their own advantages and disadvantages.
I now have both and both are also profitable.
Exactly
Let's look at their difference from another angle
Gold is a protection when economy and stock markets slow down - they call it anti cyclical asset,
whereas BTC correlates with stocks.
BTC moves like a leveraged stocks ETF on steroids
(https://i.ibb.co/k3mj8kW/btc.png)
If you're trying to guess BTC's future moves, try to predict the stock markets' future moves first.
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Exactly
Let's look at their difference from another angle
Gold is a protection when economy and stock markets slow down - they call it anti cyclical asset,
whereas BTC correlates with stocks.
BTC moves like a leveraged stocks ETF on steroids
(https://i.ibb.co/k3mj8kW/btc.png)
If you're trying to guess BTC's future moves, try to predict the stock markets' future moves first.
And in essence all of them are correlated with each other, gold becomes an asset that will not be affected by inflation or deflation, Gold investment is considered safe or risk free for ordinary people who want to invest but do not want to take risks.
and BTC is influenced by many factors, especially the policy on interest rates carried out by ETFs and the regulation provided by the SEC.
But behind it all BTC has been able to reach ATH extraordinarily to date, printing many billionaires from Bitcoin.
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Bitcoin and Gold both are good i think. But if anyone tell to choose one of them then i will choose Bitcoin. Because now we are leaving in the digital era. So cryptocurrency being popular day by day. In future people couldn’t take not taka they will use digital money like. So day by day bitcoins popularity will increase there has no doubt.
We have digital gold and it's redeemable with an equivalent real Gold, you can actually but it here==> https://paxos.com/paxgold/ and hold it in your wallet. We also have Tether Gold and all back one on one by real physical gold https://tether.to/en/ which means you can always change your XAU token to real Gold in any physical place.
I don't think there is harm if you buy Bitcoin and gold and keep for future, you don't know what tomorrow tells about the future of the two market.
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The important thing about this price is the psychological value it gives, we were all used to seeing it at the level of $60k -$65k, now seeing the price of Bitcoin for $70k gives another air, that air that bitcoin should always have. be around there or higher, however this is something that all traders see and like, but the bitcoin bulls are proud and the bears are looking to take money out of the market to make it go down, we have to see that this price can go down, It may give a sigh to many, we have to see that the corrections that happen now are natural and that they are going to happen, or we have to panic or just trust that everything is fine and take full advantage of this price.
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Bitcoin is closely related to Blockchain technology, so I am sure that some of the people who are interested in Bitcoin have never considered the size of the market cap, but rather its function. For me, the market cap list in the picture is only a general measure, whereas I don't really need it for my purposes of investing in Bitcoin.
100% agree
Actually I've seen only crypto people talk about Gold or Silver Market cap
When will Bitcoin catch up with Gold in capitalization? (https://www.altcoinstalks.com/index.php?topic=317599.0)
I've never found those concepts in a gold forum.
Talking about gold or silver market cap doesn't make any sense.
This is a simple question that still remain unreplied
Question to all: when you say gold market cap, are you talking about
a) all gold above ground? so jewellery too? gold teeth? gold within industrial products? or just
b) monetary gold (coins and bars)?
If you are comparing gold vs. BTC, currency vs. currency, shouldn't you consider only monetary gold?
"Gold Market Cap", "Silver Market Cap" are senseless concepts.
Just think about this:
1) there are these big inventories (the metals backing ETFs... countries' gold reserves... etc.). These are major components of those Market Cap figures.
Well... no audit! Nobody checks whether those tons are really there.
Only financial statements.
2) think of all gold and silver that is not recorded. No records.
Most gold and silver around the world is not recorded.
This is of course true re her earrings or the silver in the batteries of your smartphone, but imo it's true also re monetary precious metals (bars and coins).
That gold and silver sits in some vault. Nobody knows.
I'm not talking about grandpa's coins collection, I'm talking e.g. about inventories of High Net Worth families.
Or think about the silver inventories of producers like Samsung, Apple... or carmakers, companies that need silver to build their products.
How many tonnes of silver do they hold stored?
Obviously they protect themselves from possible supply issues.
Those who try to give a number to that Market Cap figure, how can they assess these inventories?
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The important thing about this price is the psychological value it gives, we were all used to seeing it at the level of $60k -$65k, now seeing the price of Bitcoin for $70k gives another air, that air that bitcoin should always have. be around there or higher, however this is something that all traders see and like, but the bitcoin bulls are proud and the bears are looking to take money out of the market to make it go down, we have to see that this price can go down, It may give a sigh to many, we have to see that the corrections that happen now are natural and that they are going to happen, or we have to panic or just trust that everything is fine and take full advantage of this price.
Bitcoin price has started to pump again after a long time so it will not dump quickly. there is a huge possibility that Bitcoin price will hit $80k in this opportunity. And this may be the last ATH of Bitcoin after Halving. And it doesn't look like Bitcoin will see a higher price during this halving. I'm not guaranteeing that anything will happen with Bitcoin at any time, but I'm just making a prediction that seems likely to me.
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Bitcoin price has started to pump again after a long time so it will not dump quickly. there is a huge possibility that Bitcoin price will hit $80k in this opportunity. And this may be the last ATH of Bitcoin after Halving. And it doesn't look like Bitcoin will see a higher price during this halving. I'm not guaranteeing that anything will happen with Bitcoin at any time, but I'm just making a prediction that seems likely to me.
There is no guarantee for such type of a description because many people were assuming that the price would not go higher than 65k$ as the bear market has been initiated but yesterday Bitcoin again hit 70k$ which shows that anything can happen in the crypto world and we have no confirmation about pump and dump.
As you are predicting the market so yes it can happen that it will touch 80k$ in this year but still there is a doubt because Bitcoin today is a little bit down in value as compared to the value of yesterday. Every coin changes with changing take place in market condition but we can only assume the values for the future because confirmation is not possible here.
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We have digital gold and it's redeemable with an equivalent real Gold, you can actually but it here==> https://paxos.com/paxgold/ and hold it in your wallet. We also have Tether Gold and all back one on one by real physical gold https://tether.to/en/ which means you can always change your XAU token to real Gold in any physical place.
"and all back one on one by real physical gold "
How do you know Guru?
Neither Paxos nor Tether Gold let their gold inventories get audited.
How do you know your gold is really stored?
"which means you can always change your XAU token to real Gold in any physical place."
Not true
1) With Tether Gold the minimum redemption quantity is 13,3 kg.
Do you know how much $ is 13,3 kg of gold?
2) Tether Gold delivers only in Switzerland
XAUt is not redeemable neither for you nor for anybody in this forum.
Sorry...
What about Paxos?
What are their redemption requirements?
Just FYI I have compared Kinesis with Tether Gold (https://www.altcoinstalks.com/index.php?topic=315185.msg1472378#msg1472378)
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The important thing about this price is the psychological value it gives, we were all used to seeing it at the level of $60k -$65k, now seeing the price of Bitcoin for $70k gives another air, that air that bitcoin should always have. be around there or higher, however this is something that all traders see and like, but the bitcoin bulls are proud and the bears are looking to take money out of the market to make it go down, we have to see that this price can go down, It may give a sigh to many, we have to see that the corrections that happen now are natural and that they are going to happen, or we have to panic or just trust that everything is fine and take full advantage of this price.
Bitcoin price has started to pump again after a long time so it will not dump quickly. there is a huge possibility that Bitcoin price will hit $80k in this opportunity. And this may be the last ATH of Bitcoin after Halving. And it doesn't look like Bitcoin will see a higher price during this halving. I'm not guaranteeing that anything will happen with Bitcoin at any time, but I'm just making a prediction that seems likely to me.
Your prediction seems correct to me, because personally I have Always seen that things with Bitcoin can turn out to be quite Complicated these days, we are used to seeing a very High rise in the Price of Bitcoin, Almost more than one new ATH that make a lot of noise around the world, but following the trend, I Believe that all these Things, all these Emotions are taking Precedence to be even greater, but I think that everything is being saved for 2025, I Don't know , I think that for Next year everything will burst in an impressive way, be Careful and if BTC points Above $200k.
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For young people, they may prefer BTC to Gold.
So, the general agreement here is: old people gold, young people BTC.
Ok, let's talk young people.
Out of 100 young Vietnamese, how many have gold and how many have BTC?
20-30 years old
males & females
married & celibate
cities & countryside
(https://i.ibb.co/C0MKkc1/1.png).............(https://i.ibb.co/vqxLg48/1-2.png)
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To me, BTC looks more attractive than Gold. First of all, it's becoming more porpular and more people and countries now have access to it. Also, Bitcoin is entirely digital and can be easily stored and transferred across the globe in a matter of seconds and this is what everyone wants.
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In terms of investment either Bitcoin or Gold are best suited for an investor but depending on the sector and current situation I can definitely consider Bitcoin as the best. In case of bitcoin we are aware of a limited supply and due to the limited supply, at some point the demand for Bitcoin will increase and the Bitcoin price will definitely move upwards. There is no fixed supply of gold, so its value is subject to time. Moreover, an investor cannot always carry gold with him if he wishes. But he can always stay anywhere with Bitcoin if he wants. In case of gold it requires a physical location to be secured, but when an investor invests in Bitcoin, he can secure his assets himself without anyone's involvement using a Bitcoin wallet. Moreover, everyone in the current and future generations like Bitcoin, which will make this asset even more valuable in the future.
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To me, BTC looks more attractive than Gold. First of all, it's becoming more porpular and more people and countries now have access to it. Also, Bitcoin is entirely digital and can be easily stored and transferred across the globe in a matter of seconds and this is what everyone wants.
If we talk about technology and convenience, Bitcoin is better than gold. Bitcoin is a form of digital technology and is much in demand by the young generation. Meanwhile, for the old generation who prefer gold as an investment, brands do not fully understand digital technology. I only invest in bitcoin, and don't invest in gold. Because investing in bitcoin is more profitable than gold.
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To me, BTC looks more attractive than Gold. First of all, it's becoming more porpular and more people and countries now have access to it. Also, Bitcoin is entirely digital and can be easily stored and transferred across the globe in a matter of seconds and this is what everyone wants.
Of course, everyone has different views on this matter, some are more interested in bitcoin, and some are more interested in gold, and some use both.
I personally prefer to use both, although I now invest more in bitcoin. However, perhaps their parents will not understand how bitcoin works so they will always put gold as their favorite investment, although sometimes some of them follow the changing times and switch to botcoin.
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To me, BTC looks more attractive than Gold. First of all, it's becoming more porpular and more people and countries now have access to it. Also, Bitcoin is entirely digital and can be easily stored and transferred across the globe in a matter of seconds and this is what everyone wants.
Of course, everyone has different views on this matter, some are more interested in bitcoin, and some are more interested in gold, and some use both.
I personally prefer to use both, although I now invest more in bitcoin. However, perhaps their parents will not understand how bitcoin works so they will always put gold as their favorite investment, although sometimes some of them follow the changing times and switch to botcoin.
I think that currently Bitcoin is much more popular than gold for the simple fact that the new generations pay more attention to what they can earn faster and that means they can do things that go beyond what many are looking for, so in this Order of ideas it could be said that for now there are Many young people who support this type of investments, because they believe more in Bitcoin , those of older Generations, those with a more Old-school sense of Economy , well no, they always prefer to go with the postulates they learned that the safest asset in the world will Always be Gold , so these things Diverge.
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To me, BTC looks more attractive than Gold. First of all, it's becoming more porpular and more people and countries now have access to it. Also, Bitcoin is entirely digital and can be easily stored and transferred across the globe in a matter of seconds and this is what everyone wants.
Of course, everyone has different views on this matter, some are more interested in bitcoin, and some are more interested in gold, and some use both.
I personally prefer to use both, although I now invest more in bitcoin. However, perhaps their parents will not understand how bitcoin works so they will always put gold as their favorite investment, although sometimes some of them follow the changing times and switch to botcoin.
I think that currently Bitcoin is much more popular than gold for the simple fact that the new generations pay more attention to what they can earn faster and that means they can do things that go beyond what many are looking for, so in this Order of ideas it could be said that for now there are Many young people who support this type of investments, because they believe more in Bitcoin , those of older Generations, those with a more Old-school sense of Economy , well no, they always prefer to go with the postulates they learned that the safest asset in the world will Always be Gold , so these things Diverge.
The younger generation will be more interested in investing in bitcoin and altcoins than investing in gold. This is natural because crypto currency is a digital advancement of a currency, more people call it digital currency. So of course many people will prefer this to investing in gold.
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I think that currently Bitcoin is much more popular than gold for the simple fact that the new generations pay more attention to what they can earn faster and that means they can do things that go beyond what many are looking for, so in this Order of ideas it could be said that for now there are Many young people who support this type of investments, because they believe more in Bitcoin , those of older Generations, those with a more Old-school sense of Economy , well no, they always prefer to go with the postulates they learned that the safest asset in the world will Always be Gold , so these things Diverge.
Maybe that's only from the point of view of some people, including yourself... considering that in my area perhaps only 3% of cryptocurrency users have BTC, in terms of widespread acceptance, I think gold is more acceptable to many people... however because BTC offers something that is easier to reach and friendlier to the current generation, I prefer Bitcoin.
gold is more acceptable in all parts of the world.. everyone from any generation admits that this metal is very valuable... but it is not possible to easily carry gold anywhere... it is really impractical and a little difficult to make gold interest is decreasing... this is the best real asset, while Bitcoin is my personal version of the best digital asset.
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The younger generation will be more interested in investing in bitcoin and altcoins than investing in gold. This is natural because crypto currency is a digital advancement of a currency, more people call it digital currency. So of course many people will prefer this to investing in gold.
Yes, I see that many young people are starting to be interested and learn about crypto. Gold is an investment of the past, currently advances in digital technology will dominate more than investing in gold, many people have started investing in bitcoin and other crypto. And there will likely be more crypto enthusiasts in the future.
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I think that currently Bitcoin is much more popular than gold for the simple fact that the new generations pay more attention to what they can earn faster and that means they can do things that go beyond what many are looking for, so in this Order of ideas it could be said that for now there are Many young people who support this type of investments, because they believe more in Bitcoin , those of older Generations, those with a more Old-school sense of Economy , well no, they always prefer to go with the postulates they learned that the safest asset in the world will Always be Gold , so these things Diverge.
The younger generation will be more interested in investing in bitcoin and altcoins than investing in gold. This is natural because crypto currency is a digital advancement of a currency, more people call it digital currency. So of course many people will prefer this to investing in gold.
If we talk about the younger generation, of course they will be more interested in bitcoin, especially if they follow the development of bitcoin. However, it is not uncommon for those who do not know at all about the existence of Bitcoin, so in this case I cannot say with certainty what the percentage is.
However, if you look at social media now, there is a lot of discussion about this, I think that is a very good thing because almost everyone is now active on social media, especially the younger generation, so they can learn more from there.
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The younger generation will be more interested in investing in bitcoin and altcoins than investing in gold. This is natural because crypto currency is a digital advancement of a currency, more people call it digital currency. So of course many people will prefer this to investing in gold.
Yes, I see that many young people are starting to be interested and learn about crypto. Gold is an investment of the past, currently advances in digital technology will dominate more than investing in gold, many people have started investing in bitcoin and other crypto. And there will likely be more crypto enthusiasts in the future.
Gold is also stable and investors just make it as a back-up or reserve but most of them go with crypto because of it's volatility if they are professional enough and have skills they are way more profitable compared to other investments to date. Nowadays, countries around the world are ditching it's enemy's currency and inflation right now is quite high as well so the solution for this is no other than cryptocurrency especially Bitcoin.
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I think that currently Bitcoin is much more popular than gold for the simple fact that the new generations pay more attention to what they can earn faster and that means they can do things that go beyond what many are looking for, so in this Order of ideas it could be said that for now there are Many young people who support this type of investments, because they believe more in Bitcoin , those of older Generations, those with a more Old-school sense of Economy , well no, they always prefer to go with the postulates they learned that the safest asset in the world will Always be Gold , so these things Diverge.
Maybe that's only from the point of view of some people, including yourself... considering that in my area perhaps only 3% of cryptocurrency users have BTC, in terms of widespread acceptance, I think gold is more acceptable to many people... however because BTC offers something that is easier to reach and friendlier to the current generation, I prefer Bitcoin.
gold is more acceptable in all parts of the world.. everyone from any generation admits that this metal is very valuable... but it is not possible to easily carry gold anywhere... it is really impractical and a little difficult to make gold interest is decreasing... this is the best real asset, while Bitcoin is my personal version of the best digital asset.
Well if we go to the Terms that are more focused on seeing gold as the only safe haven asset, yes, you are absolutely right, in part if only 3% is established it is because obviously they trust more in what people call "safe", the theory has always said the only safe asset , the one that gets Countries out of Crisis is Gold , Although I am 100% in favor of the world being changing and that Things have to look for new directions, like an alternative Economy, and seeing that financial Freedom can be achieved much more easily here with bitcoin, it is a much shorter path, it Skips some things from the common system in which we live, but your opinion is very valid and the Truth is very Well Received.
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The younger generation will be more interested in investing in bitcoin and altcoins than investing in gold. This is natural because crypto currency is a digital advancement of a currency, more people call it digital currency. So of course many people will prefer this to investing in gold.
Yes, I see that many young people are starting to be interested and learn about crypto. Gold is an investment of the past, currently advances in digital technology will dominate more than investing in gold, many people have started investing in bitcoin and other crypto. And there will likely be more crypto enthusiasts in the future.
A lot of crypto beginners have joined the crypto space this season because of the bull run and it's so encouraging. Gold cant compete with Bitcoin because it's of no match. I like the point you gave and it's a valid point though. Gold is a past investment that's getting advanced because of the way technology is changing everyday, however no matter how it goes up, Bitcoin is still the top rated in the crypto space and nothing can change it. The earliest people starts investing on Bitcoin the earlier they gain from the crypto space.
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The younger generation will be more interested in investing in bitcoin and altcoins than investing in gold. This is natural because crypto currency is a digital advancement of a currency, more people call it digital currency. So of course many people will prefer this to investing in gold.
Yes, I see that many young people are starting to be interested and learn about crypto. Gold is an investment of the past, currently advances in digital technology will dominate more than investing in gold, many people have started investing in bitcoin and other crypto. And there will likely be more crypto enthusiasts in the future.
A lot of crypto beginners have joined the crypto space this season because of the bull run and it's so encouraging. Gold cant compete with Bitcoin because it's of no match. I like the point you gave and it's a valid point though. Gold is a past investment that's getting advanced because of the way technology is changing everyday, however no matter how it goes up, Bitcoin is still the top rated in the crypto space and nothing can change it. The earliest people starts investing on Bitcoin the earlier they gain from the crypto space.
Yes, with the current popularity of bitcoin of course gold enthusiasts will decrease and move to bitcoin and altcoins. Because crypto is more profitable than investing in gold. Talking about generational growth, it is likely that the digital age will come soon, and bitcoin will become a substitute for gold which is an investment of the past.
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Yes, with the current popularity of bitcoin of course gold enthusiasts will decrease and move to bitcoin and altcoins. Because crypto is more profitable than investing in gold. Talking about generational growth, it is likely that the digital age will come soon, and bitcoin will become a substitute for gold which is an investment of the past.
Currently, Bitcoin does have very good price movements because it can be utilized well. Meanwhile, gold price movements tend to be stable so that profits will also be very difficult to obtain. This is one of the causes of the increase in Bitcoin users compared to gold users. Apart from that, Bitcoin can also be grown by trading altcoins, so more Bitcoin can be obtained in an easy way.
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Gold is also stable and investors just make it as a back-up or reserve but most of them go with crypto because of it's volatility if they are professional enough and have skills they are way more profitable compared to other investments to date. Nowadays, countries around the world are ditching it's enemy's currency and inflation right now is quite high as well so the solution for this is no other than cryptocurrency especially Bitcoin.
Gold is stable and that is why it has not reached the price point like Bitcoin. Gone are those days when the generation was looking for a stable asset to invest as at that time inflation and job security were not an issue. Today things are quite challenging for the new generation and the current economic condition of many countries after COVID-19 has not improved. In such a time when stability is slowly becoming a myth, volatility is becoming a reality, Bitcoin is becoming the favorite asset to invest for them.
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Yes, with the current popularity of bitcoin of course gold enthusiasts will decrease and move to bitcoin and altcoins. Because crypto is more profitable than investing in gold. Talking about generational growth, it is likely that the digital age will come soon, and bitcoin will become a substitute for gold which is an investment of the past.
Different people will think differently and all of them cannot accept Bitcoin while everyone cannot stick to gold forever without going towards another opportunity. It is important to be noted that both are beneficial and both can give you profit so instead of comparing one with the other it is better to accept both of them.
Crypto is more profitable than gold and this fact is acceptable but it is also true that gold does not possess any risk while crypto risk is higher so once should learn to minimize the risk before crypto Investment initiation. Gold was not only an investment for the past but is also more profitable in the present therefore if many more opportunities appear for investment they cannot replace gold.
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Yes, with the current popularity of bitcoin of course gold enthusiasts will decrease and move to bitcoin and altcoins. Because crypto is more profitable than investing in gold. Talking about generational growth, it is likely that the digital age will come soon, and bitcoin will become a substitute for gold which is an investment of the past.
Different people will think differently and all of them cannot accept Bitcoin while everyone cannot stick to gold forever without going towards another opportunity. It is important to be noted that both are beneficial and both can give you profit so instead of comparing one with the other it is better to accept both of them.
Crypto is more profitable than gold and this fact is acceptable but it is also true that gold does not possess any risk while crypto risk is higher so once should learn to minimize the risk before crypto Investment initiation. Gold was not only an investment for the past but is also more profitable in the present therefore if many more opportunities appear for investment they cannot replace gold.
Good advice if you have a lot of money to buy both, bitcoin and gold. but if I had to choose I would choose to invest in bitcoin, even though the risk is greater than gold but the profits are much greater than gold. Profit will always be directly proportional to risk, if you want bigger profits, the risk will also be bigger. that's the reality we face in investing.
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Good advice if you have a lot of money to buy both, bitcoin and gold. but if I had to choose I would choose to invest in bitcoin, even though the risk is greater than gold but the profits are much greater than gold. Profit will always be directly proportional to risk, if you want bigger profits, the risk will also be bigger. that's the reality we face in investing.
You are right, the profits we can take cannot be separated from the risks we take too. We cannot expect very large profits, while we do not take large risks.
However, if you have sufficient capital, investing in both is an option that we can do. So we can take advantage or take advantage of our opportunities in 2 different investments. One is for investing in gold and the other is for investing in bitcoin.
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If we talk about the younger generation, of course they will be more interested in bitcoin, especially if they follow the development of bitcoin. However, it is not uncommon for those who do not know at all about the existence of Bitcoin, so in this case I cannot say with certainty what the percentage is.
However, if you look at social media now, there is a lot of discussion about this, I think that is a very good thing because almost everyone is now active on social media, especially the younger generation, so they can learn more from there.
And the best of all is that the things that have to do with bitcoin, as most people know what it represents money, they realize that they can Have more options than with the normal Fiat system , for that reason is that when we see that there is more Interaction of people who are not young is when we say to ourselves that if all this is worth it, of course this is what I have seen , also in Celebrities, let's remember the announcement that Trump made , of course I am not going to deny that it is a great Strategy for his presidential Candidacy to say that it is better to support Bitcoin so that the entire Community can win over , he is a very Astute and Intelligent Person.
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- Gold and Bitcoin are both good for long-term investment because, in our time today, the majority of institutional investors prioritize investing in Bitcoin. There are even some of them who have changed their investment in gold to Bitcoin because the ROI they see in Bitcoin is higher compared to Gold because of the bull run that is going on right now.
But I am sure that when the momentum of the bull run is over, they will sell their bitcoins when they see their bitcoin capital making a lot of profit at the right time they are targeting. And when they see that the bear market is back again, they will return their fund to gold from Bitcoin, that's for sure.
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If we talk about the younger generation, of course they will be more interested in bitcoin, especially if they follow the development of bitcoin. However, it is not uncommon for those who do not know at all about the existence of Bitcoin, so in this case I cannot say with certainty what the percentage is.
However, if you look at social media now, there is a lot of discussion about this, I think that is a very good thing because almost everyone is now active on social media, especially the younger generation, so they can learn more from there.
And the best of all is that the things that have to do with bitcoin, as most people know what it represents money, they realize that they can Have more options than with the normal Fiat system , for that reason is that when we see that there is more Interaction of people who are not young is when we say to ourselves that if all this is worth it, of course this is what I have seen , also in Celebrities, let's remember the announcement that Trump made , of course I am not going to deny that it is a great Strategy for his presidential Candidacy to say that it is better to support Bitcoin so that the entire Community can win over , he is a very Astute and Intelligent Person.
He can take advantage of the situation where now many people are interested in bitcoin. And don't forget that the community that believes in bitcoin is a very solid community, so he was quite astute in seeing that gap.
For me there is no problem with that, as long as it has a good impact. Yes, even though there will be positive feedback that he will get, that is normal as long as there is a policy that is profitable in the future.
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Currently, Bitcoin does have very good price movements because it can be utilized well. Meanwhile, gold price movements tend to be stable so that profits will also be very difficult to obtain. This is one of the causes of the increase in Bitcoin users compared to gold users. Apart from that, Bitcoin can also be grown by trading altcoins, so more Bitcoin can be obtained in an easy way.
Hmm, Gold is the symbol of stability mot investor back in the day used gold to avoid or minimize the inflation effect on their asset valuation, but gold never is considered to be an asset that can give crazy gains in a short time span. Gold is not an asset of the risk investment class market, on the other hand, Bitcoin is recognized by its crazy volatility and future potential. If you consider from a certain point of view there's a huge difference in some of their characteristics which makes them completely different but there are some partially common factors.
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Currently, Bitcoin does have very good price movements because it can be utilized well. Meanwhile, gold price movements tend to be stable so that profits will also be very difficult to obtain. This is one of the causes of the increase in Bitcoin users compared to gold users. Apart from that, Bitcoin can also be grown by trading altcoins, so more Bitcoin can be obtained in an easy way.
Hmm, Gold is the symbol of stability mot investor back in the day used gold to avoid or minimize the inflation effect on their asset valuation, but gold never is considered to be an asset that can give crazy gains in a short time span. Gold is not an asset of the risk investment class market, on the other hand, Bitcoin is recognized by its crazy volatility and future potential. If you consider from a certain point of view there's a huge difference in some of their characteristics which makes them completely different but there are some partially common factors.
It's true, many people use gold as one of the best assets to store for quite a long time because it has a fairly expensive exchange rate and is very difficult to obtain. But as technology develops, gold is no longer looked at very much because there are digital currencies such as Bitcoin which can provide a lot of profit. From the beginning of the creation of Bitcoin, the price was quite cheap until now the price is very expensive, making many whales use Bitcoin to seek huge profits and pretty fast apart from Gold.
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From the beginning of the creation of Bitcoin, the price was quite cheap until now the price is very expensive, making many whales use Bitcoin to seek huge profits and pretty fast apart from Gold.
If we delve deep into it then we can find that Bitcoin's price is still not that high and one can accumulate enough of it at current rates. In future Bitcoin can grow even more in value and the whales who believe in Bitcoin will hold their coins for at least $1M per Bitcoin. Satoshi has left Bitcoin for the community and now it's the effort of the community to either push it to $1M or let it dump once again to $16k. To some people Bitcoin is still more attractive than gold and they will always consider it better than gold.
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He can take advantage of the situation where now many people are interested in bitcoin. And don't forget that the community that believes in bitcoin is a very solid community, so he was quite astute in seeing that gap.
For me there is no problem with that, as long as it has a good impact. Yes, even though there will be positive feedback that he will get, that is normal as long as there is a policy that is profitable in the future.
I think that as long as the things that are speculated about Bitcoin bring positive results, then things will turn out well, gold will always be valuable, in fact it is the only asset that makes a bankrupt nation move forward and it is naturally well accepted, and bitcoin is relatively new, of course the value of Bitcoin far exceeds that of gold, but it is not accepted worldwide and governments want to regulate it, control it and I think that is impossible for them, because they put many obstacles in its way, for me everything is based on that.
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He can take advantage of the situation where now many people are interested in bitcoin. And don't forget that the community that believes in bitcoin is a very solid community, so he was quite astute in seeing that gap.
For me there is no problem with that, as long as it has a good impact. Yes, even though there will be positive feedback that he will get, that is normal as long as there is a policy that is profitable in the future.
I think that as long as the things that are speculated about Bitcoin bring positive results, then things will turn out well, gold will always be valuable, in fact it is the only asset that makes a bankrupt nation move forward and it is naturally well accepted, and bitcoin is relatively new, of course the value of Bitcoin far exceeds that of gold, but it is not accepted worldwide and governments want to regulate it, control it and I think that is impossible for them, because they put many obstacles in its way, for me everything is based on that.
Yes, bitcoin is relatively new and not all countries can accept bitcoin and some even openly reject bitcoin because they are considered fraud and so on. However, Bitcoin is slowly being able to survive in the midst of attacks from people who don't like Bitcoin.
They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.
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Yes, bitcoin is relatively new and not all countries can accept bitcoin and some even openly reject bitcoin because they are considered fraud and so on. However, Bitcoin is slowly being able to survive in the midst of attacks from people who don't like Bitcoin.
They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.
With the way Bitcoin is so transparent, only a country who doesn't understand Bitcoin will see this as an excuse to embrace it. They are only scared about how people are more interest in Bitcoin than their usual traditional market, imagine how they will feel when billions are leaving their traditional market to Bitcoin, a time will come when their market will become illiquid and all their rich puppets will be broke.
Bitcoin is one of the best assets anyone can invest into because it's not control by one person nor an entity and you don't have to read any rules and policy before you can be able to sell, this makes Bitcoin more polish as an investment.
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Yes, bitcoin is relatively new and not all countries can accept bitcoin and some even openly reject bitcoin because they are considered fraud and so on. However, Bitcoin is slowly being able to survive in the midst of attacks from people who don't like Bitcoin.
They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.
With the way Bitcoin is so transparent, only a country who doesn't understand Bitcoin will see this as an excuse to embrace it. They are only scared about how people are more interest in Bitcoin than their usual traditional market, imagine how they will feel when billions are leaving their traditional market to Bitcoin, a time will come when their market will become illiquid and all their rich puppets will be broke.
Bitcoin is one of the best assets anyone can invest into because it's not control by one person nor an entity and you don't have to read any rules and policy before you can be able to sell, this makes Bitcoin more polish as an investment.
That's why some of them still deny the existence of bitcoin, even though I think they are also aware of the potential that bitcoin has. On the other hand, they are also aware that what they have felt has been threatened.
How many people have now switched to bitcoin? Even young people now prefer to be in bitcoin rather than joining assets that do not have transparency like bitcoin.
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When has bitcoin ever been less attractive than Gold in the first place?
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Satoshi has left Bitcoin for the community and now it's the effort of the community to either push it to $1M or let it dump once again to $16k. To some people Bitcoin is still more attractive than gold and they will always consider it better than gold.
Just a small correction, as soon as Satoshi created BTC, it was in the hands of the community; Satoshi never put BTC in his own hands to make decisions, it has always been a decentralized and censorship resistant project. Some people will choose BTC over gold and vise versa, i recommend both assets and if you can afford it, buy the two of them, that counts as diversification
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Yes, bitcoin is relatively new and not all countries can accept bitcoin and some even openly reject bitcoin because they are considered fraud and so on. However, Bitcoin is slowly being able to survive in the midst of attacks from people who don't like Bitcoin.
They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.
Bitcoin is a trustworthy asset but due to its increasing fluctuations people are getting afraid of its investment like today the price of Bitcoin is 56k$ which means that huge dump has occurred to its value but still we are in hope that it will recover very soon like it is showing from the past.
Bitcoin is not under the control of anyone therefore people are accepting it but there are some countries where there is no concept of Bitcoin investment but in future they will also move their thoughts towards Bitcoin investment. Those who want to take advantage of bitcoin investment should also accept the fluctuations because without it making money is not possible.
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Just a small correction, as soon as Satoshi created BTC, it was in the hands of the community; Satoshi never put BTC in his own hands to make decisions, it has always been a decentralized and censorship resistant project.
Yes, Satoshi has created BTC as a decentralized finance system and gave it in the hands of community but Satoshi was active in early years of Bitcoin to help the community with his posts however Satoshi stopped appearing on the forum in 2010 if I'm not wrong and then literally Bitcoin was left in the hands of community to push it further more.
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Yes, bitcoin is relatively new and not all countries can accept bitcoin and some even openly reject bitcoin because they are considered fraud and so on. However, Bitcoin is slowly being able to survive in the midst of attacks from people who don't like Bitcoin.
They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.
Bitcoin is a trustworthy asset but due to its increasing fluctuations people are getting afraid of its investment like today the price of Bitcoin is 56k$ which means that huge dump has occurred to its value but still we are in hope that it will recover very soon like it is showing from the past.
Bitcoin is not under the control of anyone therefore people are accepting it but there are some countries where there is no concept of Bitcoin investment but in future they will also move their thoughts towards Bitcoin investment. Those who want to take advantage of bitcoin investment should also accept the fluctuations because without it making money is not possible.
It's true that bitcoin's movements fluctuate a lot, but that doesn't stop us from continuing to invest in bitcoin. In fact, now more people are investing in Bitcoin than they might have previously doubted.
That's what makes us like bitcoin, because it's not like other investment assets which are under the control of the government, for example, or elite people. Also we can transact anytime and anywhere, unlike other conventional assets.
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They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.
Exactly, and if you look at it, it's a subject that almost everyone avoids, perhaps out of fear, but we have to be honest, the biggest problem in the world is what they hide from us, and what happens with Bitcoin is that there are already some things that they don't hide, neither they nor the governments can have control, so this is something that is fabulous, for me this has a lot to do with all the best that can be given to generate new things, even so there are people who out of fear do not say these things, I think it's a good opportunity to let everyone know that things sometimes Reach that level.
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They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.
Exactly, and if you look at it, it's a subject that almost everyone avoids, perhaps out of fear, but we have to be honest, the biggest problem in the world is what they hide from us, and what happens with Bitcoin is that there are already some things that they don't hide, neither they nor the governments can have control, so this is something that is fabulous, for me this has a lot to do with all the best that can be given to generate new things, even so there are people who out of fear do not say these things, I think it's a good opportunity to let everyone know that things sometimes Reach that level.
It's natural for them to be afraid and try to avoid this kind of topic, because they also know who they are talking about, it must be someone with great influence.
but for me what I said is something that has become a common thing that I have seen so far. How can those who have influence benefit more from their influence, and for ordinary people or small people they can only obey the existing situation.
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They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.
Exactly, and if you look at it, it's a subject that almost everyone avoids, perhaps out of fear, but we have to be honest, the biggest problem in the world is what they hide from us, and what happens with Bitcoin is that there are already some things that they don't hide, neither they nor the governments can have control, so this is something that is fabulous, for me this has a lot to do with all the best that can be given to generate new things, even so there are people who out of fear do not say these things, I think it's a good opportunity to let everyone know that things sometimes Reach that level.
It's natural for them to be afraid and try to avoid this kind of topic, because they also know who they are talking about, it must be someone with great influence.
but for me what I said is something that has become a common thing that I have seen so far. How can those who have influence benefit more from their influence, and for ordinary people or small people they can only obey the existing situation.
You're right, most people tend to Trust more in what influencers can tell them to do, what drives them to do things in a certain direction, many know that Financial freedom is achieved more easily in exchange for bitcoin than with gold, and people who believe in the normal fiduciary System that have many debatable errors, among them the most notable of all is inflation, inflation is what generates all the destabilization of any economy, but why?Because the system Allows it, who fixes it? Gold, but who would not allow Inflation? Bitcoin.
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It's natural for them to be afraid and try to avoid this kind of topic, because they also know who they are talking about, it must be someone with great influence.
but for me what I said is something that has become a common thing that I have seen so far. How can those who have influence benefit more from their influence, and for ordinary people or small people they can only obey the existing situation.
You're right, most people tend to Trust more in what influencers can tell them to do, what drives them to do things in a certain direction, many know that Financial freedom is achieved more easily in exchange for bitcoin than with gold, and people who believe in the normal fiduciary System that have many debatable errors, among them the most notable of all is inflation, inflation is what generates all the destabilization of any economy, but why?Because the system Allows it, who fixes it? Gold, but who would not allow Inflation? Bitcoin.
People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.
It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.
It cannot be denied that the system as you say is all around us and is always visible in everyday life.
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People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.
It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.
It cannot be denied that the system as you say is all around us and is always visible in everyday life.
Yes, it is as you say, well a few years ago there was not much talk about Bitcoin , they really started talking about it when bitcoin passed $20k, because everyone started to activate what was happening, how they could do to be part of this Technology , for me Things should always go the right way, you can't change ways of thinking, if a person knows that bitcoin is the Future , well for me that is very intelligent, but if they want to make investments in gold it also seems to me that they are an Intelligent Person , only that in BTC the Amount of money that can be earned is much More.
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Yes, it is as you say, well a few years ago there was not much talk about Bitcoin , they really started talking about it when bitcoin passed $20k, because everyone started to activate what was happening, how they could do to be part of this Technology , for me Things should always go the right way, you can't change ways of thinking, if a person knows that bitcoin is the Future , well for me that is very intelligent, but if they want to make investments in gold it also seems to me that they are an Intelligent Person , only that in BTC the Amount of money that can be earned is much More.
Regarding KOLs, I currently don't know any KOL who talk about gold, but there are many KOLs who are mentioning BTC, even Musk and Trump are talking about BTC when they have the opportunity ^^
Everyone acts in their own self-interest and BTC is a perfect tool for many people to gain fame and money. I think this will continue to be true for many years to come, even though gold may have a much larger market cap than BTC, gold's popularity in the media will not be as strong as BTC.
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Everyone acts in their own self-interest and BTC is a perfect tool for many people to gain fame and money. I think this will continue to be true for many years to come, even though gold may have a much larger market cap than BTC, gold's popularity in the media will not be as strong as BTC.
Regarding the media talking about Bitcoin compared to the media talking about gold, I think so... currently talking about Bitcoin is more interesting than talking about gold, so people will always remember Bitcoin as something popular... besides, Bitcoin price movements It's also crazier than gold, which is what makes the media prefer to cover things related to Bitcoin, where big risks are usually more interesting to discuss and Bitcoin has its own charm.
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People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.
It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.
It cannot be denied that the system as you say is all around us and is always visible in everyday life.
Yes, it is as you say, well a few years ago there was not much talk about Bitcoin , they really started talking about it when bitcoin passed $20k, because everyone started to activate what was happening, how they could do to be part of this Technology , for me Things should always go the right way, you can't change ways of thinking, if a person knows that bitcoin is the Future , well for me that is very intelligent, but if they want to make investments in gold it also seems to me that they are an Intelligent Person , only that in BTC the Amount of money that can be earned is much More.
And many of them just go with the flow and are consumed by FOMO so they flock to find out what bitcoin is when the price of bitcoin soars again. This is not a problem, of course this is a good thing if we look at it from a positive point of view because it means that many people are increasingly opening their views towards bitcoin.
The problem is when they are just consumed by FOMO and don't want to learn further, so this actually creates pros and cons when the price of bitcoin falls from the price when they bought it.
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People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.
It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.
It cannot be denied that the system as you say is all around us and is always visible in everyday life.
Actually the reason behind the trust in influencers is that many people have no idea about choosing a coin and they have little or no knowledge due to which they are totally dependent on influencers and they prefer to follow influencers instead of using their own mind.
All influencers do not take some of them to provide good information but due to market fluctuations and instability sometimes their words do not show any accuracy therefore I think if someone is new in crypto space and has no idea then at start he should take help from influencers but it is not a good idea to keep calm, never learn anything and depend on influencers for whole of the life.
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Actually the reason behind the trust in influencers is that many people have no idea about choosing a coin and they have little or no knowledge due to which they are totally dependent on influencers and they prefer to follow influencers instead of using their own mind.
Before someone can become an influencer, they must have given something back to the community and we all know what's it is, people love giveaways and will do anything when money is involved, it's from that process they build trust and he shill them one or two coin and the moment one of the coin give them profit, they gain the trust of the community and anything the influencer becomes the final.
All influencers do not take some of them to provide good information but due to market fluctuations and instability sometimes their words do not show any accuracy therefore I think if someone is new in crypto space and has no idea then at start he should take help from influencers but it is not a good idea to keep calm, never learn anything and depend on influencers for whole of the life.
The reason some of these infkeucers survived and get into their community heads is because some of them do have luck of bull run, when the market tend to do well and everyone become bullish, they ride with opium which is why many of them get away with lies turn true to their community.
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Everyone acts in their own self-interest and BTC is a perfect tool for many people to gain fame and money. I think this will continue to be true for many years to come, even though gold may have a much larger market cap than BTC, gold's popularity in the media will not be as strong as BTC.
Regarding the media talking about Bitcoin compared to the media talking about gold, I think so... currently talking about Bitcoin is more interesting than talking about gold, so people will always remember Bitcoin as something popular... besides, Bitcoin price movements It's also crazier than gold, which is what makes the media prefer to cover things related to Bitcoin, where big risks are usually more interesting to discuss and Bitcoin has its own charm.
- Even as a crypto enthusiast, I am really more attractive to Bitcoin or cryptocurrency compared to gold because we can get a profit faster here compared to gold. Especially in times like this bull run, our capital can be repeated more than 10 times, up to 1000 times.
That's why maybe it's accepted now in the stock market because of the volatility that Bitcoin has compared to gold. In my opinion, Bitcoin has just as many uses as gold.
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Everyone acts in their own self-interest and BTC is a perfect tool for many people to gain fame and money. I think this will continue to be true for many years to come, even though gold may have a much larger market cap than BTC, gold's popularity in the media will not be as strong as BTC.
Regarding the media talking about Bitcoin compared to the media talking about gold, I think so... currently talking about Bitcoin is more interesting than talking about gold, so people will always remember Bitcoin as something popular... besides, Bitcoin price movements It's also crazier than gold, which is what makes the media prefer to cover things related to Bitcoin, where big risks are usually more interesting to discuss and Bitcoin has its own charm.
- Even as a crypto enthusiast, I am really more attractive to Bitcoin or cryptocurrency compared to gold because we can get a profit faster here compared to gold. Especially in times like this bull run, our capital can be repeated more than 10 times, up to 1000 times.
That's why maybe it's accepted now in the stock market because of the volatility that Bitcoin has compared to gold. In my opinion, Bitcoin has just as many uses as gold.
I will also invest more in Bitcin than gold, because Bitcoin is more profitable and if the same hold at the same time for a period of 2-3 years, by investing in Bitcoin we will get a higher profit.
Although gold is more popular and more enthusiasts, because bitcoin takes time to be as popular as gold
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I will also invest more in Bitcin than gold, because Bitcoin is more profitable and if the same hold at the same time for a period of 2-3 years, by investing in Bitcoin we will get a higher profit.
Although gold is more popular and more enthusiasts, because bitcoin takes time to be as popular as gold
Gold as we all know has a very beautiful look, especially after it has been refined it sparkles and everyone would admire it's beauty. But talking about holding gold as an asset compared to bitcoin, irrespective of the years gold mining has been, it's still no match for Bitcoin. The physical form is a disadvantage, the weight and the quantity to be carried around for transaction keeps it owner at a position of insecurity meanwhile in investors with Bitcoin portfolio could just anonymously make trade without anyone even his right hand man not knowing his moves.
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People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.
It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.
It cannot be denied that the system as you say is all around us and is always visible in everyday life.
Actually the reason behind the trust in influencers is that many people have no idea about choosing a coin and they have little or no knowledge due to which they are totally dependent on influencers and they prefer to follow influencers instead of using their own mind.
All influencers do not take some of them to provide good information but due to market fluctuations and instability sometimes their words do not show any accuracy therefore I think if someone is new in crypto space and has no idea then at start he should take help from influencers but it is not a good idea to keep calm, never learn anything and depend on influencers for whole of the life.
I will not say they (influencers) will provide wrong information, many of them really help their followers to take very good coins or in other words they have good intentions without any particular interests.
However, we cannot deny that there are many of them who are sometimes misleading, they just want to take advantage of themselves and "victimize" their followers by providing misleading information.
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Gold as we all know has a very beautiful look, especially after it has been refined it sparkles and everyone would admire it's beauty. But talking about holding gold as an asset compared to bitcoin, irrespective of the years gold mining has been, it's still no match for Bitcoin. The physical form is a disadvantage, the weight and the quantity to be carried around for transaction keeps it owner at a position of insecurity meanwhile in investors with Bitcoin portfolio could just anonymously make trade without anyone even his right hand man not knowing his moves.
I think only a small fraction of gold is used for technical and jewelry purposes, most gold is in national reserves, meaning gold has become a valuable reserve and investment asset. BTC is similar but more efficient than gold in terms of decentralization, ease of storage and movement.
However, we cannot deny the superiority of gold over BTC in terms of history, widespread acceptance and positive market sentiment. BTC is still a new asset and is in the stage of finding and affirming its position in the investment market.
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I will also invest more in Bitcin than gold, because Bitcoin is more profitable and if the same hold at the same time for a period of 2-3 years, by investing in Bitcoin we will get a higher profit.
Although gold is more popular and more enthusiasts, because bitcoin takes time to be as popular as gold
You're absolutely right!
The volatile nature of Bitcoin and it's potential for long-term growth makes it a pretty much viable and profitable option compared to Gold.
It's true that before Bitcoin, gold was initially the traditional store of value, but Bitcoin provides even more better options than gold, it's limited supply, easy transferability and usability gives Bitcoin an edge.
Let's not also forget the fact that Bitcoin can also be used to generate a form of dividend payment, which is a very pretty cool feature gold lacks.
If we also look at the aspect of storage, Bitcoin still beats gold as it's a lot more easier and cheaper to store bitcoin unlike gold.
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Gold as we all know has a very beautiful look, especially after it has been refined it sparkles and everyone would admire it's beauty. But talking about holding gold as an asset compared to bitcoin, irrespective of the years gold mining has been, it's still no match for Bitcoin. The physical form is a disadvantage, the weight and the quantity to be carried around for transaction keeps it owner at a position of insecurity meanwhile in investors with Bitcoin portfolio could just anonymously make trade without anyone even his right hand man not knowing his moves.
I think only a small fraction of gold is used for technical and jewelry purposes, most gold is in national reserves, meaning gold has become a valuable reserve and investment asset. BTC is similar but more efficient than gold in terms of decentralization, ease of storage and movement.
However, we cannot deny the superiority of gold over BTC in terms of history, widespread acceptance and positive market sentiment. BTC is still a new asset and is in the stage of finding and affirming its position in the investment market.
Bitcoin will remain superior in the digital world and in digital asset transactions, but Gold will remain superior in physical assets, both in terms of use and other things in the physical world. So far gold is also used in technological and medical advances and many others. Apart from having sales and exchange value, gold also has other functions which make the value of gold very high. Meanwhile, BTC has its own advantages, as we know. Well basically nothing is superior. Both of them still excel in their respective places.
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Bitcoin will remain superior in the digital world and in digital asset transactions, but Gold will remain superior in physical assets, both in terms of use and other things in the physical world. So far gold is also used in technological and medical advances and many others. Apart from having sales and exchange value, gold also has other functions which make the value of gold very high. Meanwhile, BTC has its own advantages, as we know. Well basically nothing is superior. Both of them still excel in their respective places.
Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.
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Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.
Knowing the performance of gold which is resistant to inflation, I think people who understand technology also have an interest in gold... in the majority, you are right... that gold is more often used as an investment medium for ancient people, and for children young people now prefer Bitcoin, but it all also depends on the amount of assets they have... IMO people with a lot of asset value, are more inclined towards gold for their investment as well as to secure the future... but for users For those who like high risks and gains in a short time, Bitcoin is the favorite.
This all comes back to each individual's risk profile which varies between individuals.
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The uniqueness and most attractiveness of Bitcoin to gold is the digitalization and its decentralization Blockchain.
They are both volatile and good for investment. Another advent potential of Bitcoin over gold is that it is a uniformed currency and can serve as a storage valuable technology against wars and natural disasters.
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The uniqueness and most attractiveness of Bitcoin to gold is the digitalization and its decentralization Blockchain.
They are both volatile and good for investment. Another advent potential of Bitcoin over gold is that it is a uniformed currency and can serve as a storage valuable technology against wars and natural disasters.
Well spoken mate, there is no doubt the both are important, but talking from the perspective of this jet age, where everything is getting digitalized, bitcoin tends to have more advantages over gold in several ways. Due to the digitalized nature of bitcoin, it has more liquidity and accessible than gold. Anyone could literally wake up any day, study and get emself some Satoshi of even a bitcoin without anyone knowing what he's up to, though due to the fact that Bitcoin is a new technology still getting examined by the government, not everyone has the ability to make purchases due to restriction by the government. However gold is more widely accepted and this is where it has its advantage over Bitcoin.
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Has BTC really become more attractive than gold
BTC has become more attractive than gold Bitcoin BTC has grown in attractiveness compared to gold for several reasons: BTC has traded more than gold BTC is digital and can be transferred quickly and cheaply across borders BTC can be traded in smaller volumes than gold However, gold and BTC remain stable stores of value, attracting investors There appears to be a considerable individual risk between BTC and gold, depending on investment goals.
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Has BTC really become more attractive than gold
BTC has become more attractive than gold Bitcoin BTC has grown in attractiveness compared to gold for several reasons: BTC has traded more than gold BTC is digital and can be transferred quickly and cheaply across borders BTC can be traded in smaller volumes than gold However, gold and BTC remain stable stores of value, attracting investors There appears to be a considerable individual risk between BTC and gold, depending on investment goals.
Before posting, have you checked numbers? Quick search, golds market cap: $16.6T (https://companiesmarketcap.com/gold/marketcap/#:~:text=Estimated%20Market%20Cap%3A%20%2416.641%20T,is%20currently%20arround%20%2416.641%20T.), Bitcoin: $2.7T (https://coinmarketcap.com)? I dont think that it is more attractive than gold. But, Bitcoin is still easier to buy and transfer.
Anyway, I dont think that Bitcoin is more attractive than gold. Gold is still more popular. But, as soon as Bitcoin becomes more familiar than gold, everything would change. Also, I think gold has more use cases than Bitcoin.
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Bitcoin becoming more attractive than gold depends on our individuality on how we see both assets and have knowledge of each
For bitcoin, it has gained popularity among young investors in recent years. Many of the young investors would prefer to have it than gold because of the high returns it offers them in the future than gold. While some old and young fellas who lacks the knowledge of bitcoin would prefer gold to Bitcoin because of its stable price and tangible value that it can be used or sold in any part of the world without the fear of not being illegal in any said country
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For now I feel that way, not without reason because what makes btc interesting is the uniqueness of btc where they dare to limit the supply to only around 21 million and with its volatility, it is clear that this is a condition that will indeed be much more worth it.
Not that gold is bad because after all gold is still one aspect of investment that cannot be separated because they are also worth moreover there are a lot of gold enthusiasts out there.
It's just about risk in the end because being in gold is also still quite good but when talking about the risks and benefits received then surely we realize that the greater the risk, the greater the benefits we will get. not just about prices but about technology, innovation and even our own version of financial freedom so by looking at that then bitcoin is a more interesting thing when compared to gold for me.
But of course this depends on each perspective because surely different heads have different thoughts.
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Bitcoin becoming more attractive than gold depends on our individuality on how we see both assets and have knowledge of each
For bitcoin, it has gained popularity among young investors in recent years. Many of the young investors would prefer to have it than gold because of the high returns it offers them in the future than gold. While some old and young fellas who lacks the knowledge of bitcoin would prefer gold to Bitcoin because of its stable price and tangible value that it can be used or sold in any part of the world without the fear of not being illegal in any said country
Yes, old generations and the young generation who have no knowledge about crypto will prefer gold, because it is more stable. But the younger generation who understand and are starting to learn about crypto prefer bitcoin because it is more profitable. Everyone can have their own opinions and beliefs in investing, but for me bitcoin is better than gold.
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Bitcoin becoming more attractive than gold depends on our individuality on how we see both assets and have knowledge of each
For bitcoin, it has gained popularity among young investors in recent years. Many of the young investors would prefer to have it than gold because of the high returns it offers them in the future than gold. While some old and young fellas who lacks the knowledge of bitcoin would prefer gold to Bitcoin because of its stable price and tangible value that it can be used or sold in any part of the world without the fear of not being illegal in any said country
Yes, old generations and the young generation who have no knowledge about crypto will prefer gold, because it is more stable. But the younger generation who understand and are starting to learn about crypto prefer bitcoin because it is more profitable. Everyone can have their own opinions and beliefs in investing, but for me bitcoin is better than gold.
There is always some "if". If younger generation, who is familiar with crypto, got any success from it, they will prefer bitcoin or crypto over gold. I have some friends, who have lost money due to investing in altcoins, and failed at holding. They have sold their crypto with losses, and never returned back. I doubt that such thing might happen with gold. Due to its history, people will still have more trust in it. In addition, why my friend bought those altcoins, instead of holding Bitcoin - because of temptation of earning. What I am saying, that that "younger generation" is highly inexperienced towards investing and holding.
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The uniqueness and most attractiveness of Bitcoin to gold is the digitalization and its decentralization Blockchain.
They are both volatile and good for investment. Another advent potential of Bitcoin over gold is that it is a uniformed currency and can serve as a storage valuable technology against wars and natural disasters.
Gold is not volatile, from which timeline did Gold become a volatile asset as far as I know gold is now by its stable and consistent nature. TBH Bitcoin is an asset from the volatile investment market but at the same time, Gold is the store of value in the current financial cycle.
Both gold and BTC are from different classes, their different utilities and targeted investors.
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Gold is not volatile, from which timeline did Gold become a volatile asset as far as I know gold is now by its stable and consistent nature. TBH Bitcoin is an asset from the volatile investment market but at the same time, Gold is the store of value in the current financial cycle.
Both gold and BTC are from different classes, their different utilities and targeted investors.
Yes, because of this uniqueness, sometimes someone chooses to hold larger assets that provide profits in a shorter time... actually gold tends to be more stable and even has the best anti-inflation function, that's why gold has gained the trust of more people than Bitcoin. .. as long as Bitcoin is still very volatile and unpredictable, then Bitcoin is something that is high risk... people will experience several times of fear when they monitor their BTC assets too often when they are not ready to lose it all..
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Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.
Both have benefits and the benefits can easily be understood by the investors who have taken benefit from it and are still making good profit. Actually if a person possesses the skills then he can make good use of any of these assets but if a person does not have any skill then both will be useless for him.
Those who are getting profit from gold will never leave gold investment and those who are Bitcoin lovers will always love to invest in bitcoin but wise Individuals will not compare these two assets but will take profit by investing little amount in both.
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Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.
Both have benefits and the benefits can easily be understood by the investors who have taken benefit from it and are still making good profit. Actually if a person possesses the skills then he can make good use of any of these assets but if a person does not have any skill then both will be useless for him.
Those who are getting profit from gold will never leave gold investment and those who are Bitcoin lovers will always love to invest in bitcoin but wise Individuals will not compare these two assets but will take profit by investing little amount in both.
And if they like both they can take advantage of both to make a profit, it is better to take advantage of the opportunities that exist if we are capable and have enough capital to invest in both.
But I think now young people are more interested in crypto investments, bitcoin in particular. Because of that, technological developments are now increasingly rapid and I am sure that young people who have more knowledge of the digital world will know Bitcoin, so they will be more interested in this investment.
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And if they like both they can take advantage of both to make a profit, it is better to take advantage of the opportunities that exist if we are capable and have enough capital to invest in both.
But I think now young people are more interested in crypto investments, bitcoin in particular. Because of that, technological developments are now increasingly rapid and I am sure that young people who have more knowledge of the digital world will know Bitcoin, so they will be more interested in this investment.
There is not an issue to invest in if a person has a good amount of money and can invest in both of these opportunities but people often focus on one as they start to make comparisons if they find two better opportunities.
I think we should avoid comparison and should take advantage because comparison will not give us anything but making investment can give us profit as well as experience to handle two investment sources at once.
People are changing their thoughts according to the occurrence of changes and it is necessary to change our mind because we cannot rely on the past technologies forever and we have to evaluate our skills to be profitable with changes in techniques with changing age.
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And if they like both they can take advantage of both to make a profit, it is better to take advantage of the opportunities that exist if we are capable and have enough capital to invest in both.
But I think now young people are more interested in crypto investments, bitcoin in particular. Because of that, technological developments are now increasingly rapid and I am sure that young people who have more knowledge of the digital world will know Bitcoin, so they will be more interested in this investment.
There is not an issue to invest in if a person has a good amount of money and can invest in both of these opportunities but people often focus on one as they start to make comparisons if they find two better opportunities.
I think we should avoid comparison and should take advantage because comparison will not give us anything but making investment can give us profit as well as experience to handle two investment sources at once.
People are changing their thoughts according to the occurrence of changes and it is necessary to change our mind because we cannot rely on the past technologies forever and we have to evaluate our skills to be profitable with changes in techniques with changing age.
Well, that's what I think too, when both have the same benefits then we don't need to compare them. It depends on us whether we will invest in gold or bitcoin, or do it in both.
If we compare for too long then the worry is that we will never take real action that could make us invest. The only difference is that when we hold bitcoin we will have more freedom, because all control is in our own hands.
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- Actually, they are equally attractive to investors, and probably the other investors, when there is a bear market and they are long-term holders, will surely use that for the benefits of their capital.
In fact, when the bull run ends, the investors who buy just wait and wait; that's what they always do, especially if we save.
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I can actually say much about bitcoin but this cannot be said of me about gold. Gold is a precious metal and it has been in existence for very long time unlike the new Bitcoin. The problem I have with gold is its availability and affordability. If anyone is interested in buying bitcoin as a newbie, with less than five dollars they can have some portion of Bitcoin in the next 30 minutes. But this cannot be said about Gold. I don't own gold, but when I had some was through forex by trading it against US Dollar. But I have BTC which I hold in a decentralized private wallet. So, my vote is for the bitcoin I know...
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Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.
Hmm, yup, I do completely agree with that. TBH Gold is attractive for many other utilities like women investing in gold for savings and jewelry. Youngsters mostly prefer Bitcoin because it's more rewarding. The old generation is still with Gold due to its stability and acceptability. Bitcoin is also heading toward the reliability and acceptability heights.
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Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.
Hmm, yup, I do completely agree with that. TBH Gold is attractive for many other utilities like women investing in gold for savings and jewelry. Youngsters mostly prefer Bitcoin because it's more rewarding. The old generation is still with Gold due to its stability and acceptability. Bitcoin is also heading toward the reliability and acceptability heights.
especially that BTC is becoming involve in political platform and Trump promoting BTC to be mined in US the acceptance of BTC in all ages might just be in the clear sight already seeing more older generations are looking forward to it when institutions are promoting it.
years ago, the ones who has just heard of BTC wonders how in this world can it become a currency when they don't even know how to get one. but now, they can already connect their bank accounts to a platform where they could buy crypto.
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I can say much about bitcoin but this cannot be said of me about gold. Gold is a precious metal and it has been in existence for very long time, unlike the new Bitcoin. The problem I have with gold is its availability and affordability. If anyone is interested in buying bitcoin as a newbie, with less than five dollars they can have some portion of Bitcoin in the next 30 minutes. But this cannot be said about Gold. I don't own gold, but when I had some was through forex by trading it against the US Dollar. But I have BTC which I hold in a decentralized private wallet. So, my vote is for the Bitcoin I know...
This has been the reason why Bitcoin has gained more popularity within its shortest time in existence, scalability is what makes Bitcoin more accessible than gold and the reason why most investors now prefer Bitcoin against gold, you are right by mentioning how long gold has been in existence before the coming of bitcoin, but even at that I still prefer bitcoin more than gold and the reason is because of the privacy that comes along with bitcoin unlike gold that it physical presence attracts others.
Btw, those old investors will prefer to go for gold due to their inability to discover the great potential in bitcoin and this feeling is supported by a lack of trust in the bitcoin ecosystem and market.
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I can actually say much about bitcoin but this cannot be said of me about gold. Gold is a precious metal and it has been in existence for very long time unlike the new Bitcoin. The problem I have with gold is its availability and affordability. If anyone is interested in buying bitcoin as a newbie, with less than five dollars they can have some portion of Bitcoin in the next 30 minutes. But this cannot be said about Gold. I don't own gold, but when I had some was through forex by trading it against US Dollar. But I have BTC which I hold in a decentralized private wallet. So, my vote is for the bitcoin I know...
Every bitcoin enthusiast will vote for bitcoin several times ahead of gold. Gold as an asset looks more designated for the rich and powerful people unlike bitcoin that can be own by anyone once you’ve the money that can be used to purchase some. The value of it overtime depends on how the market is on an uptrend and the amount you’re able to have in your wallet to give you the equivalent of its price overtime. Gold has its own advantages but cannot be used against bitcoin as just this one reason is enough to vote for bitcoin over gold as an asset, a long time asset to hold.
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I can actually say much about bitcoin but this cannot be said of me about gold. Gold is a precious metal and it has been in existence for very long time unlike the new Bitcoin. The problem I have with gold is its availability and affordability. If anyone is interested in buying bitcoin as a newbie, with less than five dollars they can have some portion of Bitcoin in the next 30 minutes. But this cannot be said about Gold. I don't own gold, but when I had some was through forex by trading it against US Dollar. But I have BTC which I hold in a decentralized private wallet. So, my vote is for the bitcoin I know...
Every bitcoin enthusiast will vote for bitcoin several times ahead of gold. Gold as an asset looks more designated for the rich and powerful people unlike bitcoin that can be own by anyone once you’ve the money that can be used to purchase some. The value of it overtime depends on how the market is on an uptrend and the amount you’re able to have in your wallet to give you the equivalent of its price overtime. Gold has its own advantages but cannot be used against bitcoin as just this one reason is enough to vote for bitcoin over gold as an asset, a long time asset to hold.
It is always a matter of discussion to compare gold with bitcoin, this is very interesting to discuss to read everyone's comments on why they prefer bitcoin or prefer gold. I agree with you, we can buy bitcoin with whatever money we have, for example $10. But if you buy gold you have to have higher funds, and maybe those who have bigger funds can buy bitcoin. The consideration for those who choose bitcoin, apart from being able to buy bitcoin with small funds, is that they also want big profits. And this has been proven for years by Bitcoin and altcoins. I have also felt the benefits of bitcoin several years ago from 2015.
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It is always a matter of discussion to compare gold with bitcoin, this is very interesting to discuss to read everyone's comments on why they prefer bitcoin or prefer gold. I agree with you, we can buy bitcoin with whatever money we have, for example $10. But if you buy gold you have to have higher funds, and maybe those who have bigger funds can buy bitcoin. The consideration for those who choose bitcoin, apart from being able to buy bitcoin with small funds, is that they also want big profits. And this has been proven for years by Bitcoin and altcoins. I have also felt the benefits of bitcoin several years ago from 2015.
Bitcoin is a really convenient asset to buy and hold compared to gold. However, I think it's a bit early to compare Bitcoin and gold because many countries still prefer to buy gold as a protective asset, especially during geopolitical tensions. In principle, BTC could become a widely accepted protective asset, but this is likely to be a long way off.
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- Actually, they are equally attractive to investors, and probably the other investors, when there is a bear market and they are long-term holders, will surely use that for the benefits of their capital.
In fact, when the bull run ends, the investors who buy just wait and wait; that's what they always do, especially if we save.
Well yeah true though tech savvy and people who knows nothing about crypto can invest in the precious metal asset but with crypto only few are having the willingness to invest due to the fact that it is way too technical for non-techie guys however the crypto community is getting bigger and more enthusiasts are coming so maybe the possibility of them to invest will also rise and more people are now jumping into get rich quick crypto mindset as we can see interactions from airdrops and NFT's.
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Bitcoin is a really convenient asset to buy and hold compared to gold. However, I think it's a bit early to compare Bitcoin and gold because many countries still prefer to buy gold as a protective asset, especially during geopolitical tensions. In principle, BTC could become a widely accepted protective asset, but this is likely to be a long way off.
Do you really think Bitcoin is a more convenient? I can agree if Bitcoin has more potential of higher profits even if it is riskier than Gold. However, which one is a more convenient, I think it depends on the situation. If we want to have an asset that is a more stable in its price, I think Gold is still better. Bitcoin is never stable in its price because it is volatile. But it enables to have higher profits in the future if we know the right time for exit. Well, both Bitcoin and Gold have their own advantages and weaknesses. Personally, I will never choose one of them, I prefer to invest in both Bitcoin and Gold. Why don't to optimize the chance of profits by having both of them. In my opinion, diversification is the best way in investment.
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Do you really think Bitcoin is a more convenient? I can agree if Bitcoin has more potential of higher profits even if it is riskier than Gold. However, which one is a more convenient, I think it depends on the situation. If we want to have an asset that is a more stable in its price, I think Gold is still better. Bitcoin is never stable in its price because it is volatile. But it enables to have higher profits in the future if we know the right time for exit. Well, both Bitcoin and Gold have their own advantages and weaknesses. Personally, I will never choose one of them, I prefer to invest in both Bitcoin and Gold. Why don't to optimize the chance of profits by having both of them. In my opinion, diversification is the best way in investment.
As you said, gold is still considered the best reserve asset because gold price has the advantage of being stable and increasing slowly over time, while BTC is considered the best investment in the past decade thanks to its impressive price increase. High volatility has become a part of BTC price and it is unlikely to become a short-term reserve asset for the national budget.
It would be better if we could accept both: the majority of the budget is allocated to gold for hedging purposes, while a small portion is allocated to BTC so as not to miss out on the new financial wave in the economy. At least, with the development of crypto media, we are hearing more about BTC than gold, even though gold price has also grown in recent times.
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Bitcoin is more popular than gold to the current generation. And there are many reasons behind the popularity. There are many who may think Bitcoin as a medium of exchange and as a trading tool. Any amount of money can be paid through Bitcoin but cannot be transacted with gold. Moreover Bitcoin is very easy to carry which is not easy in case of gold. Gold has been arrived long ago and it's journey has started since its inception (2450 B.C) while Bitcoin's journey has only just begun. it has already managed to attract the attention of investors. Gold can be found in various mines which have no fixed amount whereas Bitcoin has a limited supply due to which the price of Bitcoin will continue to increase. So it is at the peak of popularity for everywhere.
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Well yeah true though tech savvy and people who knows nothing about crypto can invest in the precious metal asset but with crypto only few are having the willingness to invest due to the fact that it is way too technical for non-techie guys however the crypto community is getting bigger and more enthusiasts are coming so maybe the possibility of them to invest will also rise and more people are now jumping into get rich quick crypto mindset as we can see interactions from airdrops and NFT's.
The only thing is that nobody is actually holding the proceeds of NFTs, they are instantly selling them for other cryptos like Ethereum to gain a profit.
Most people are not actually "hodling" anything except for cash. The logic behind this is that all other assets are just a speculative vehicle for making money, so when they make their profit, they liquidate to cash.
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Bitcoin is more popular than gold to the current generation. And there are many reasons behind the popularity. There are many who may think Bitcoin as a medium of exchange and as a trading tool. Any amount of money can be paid through Bitcoin but cannot be transacted with gold. Moreover Bitcoin is very easy to carry which is not easy in case of gold. Gold has been arrived long ago and it's journey has started since its inception (2450 B.C) while Bitcoin's journey has only just begun. it has already managed to attract the attention of investors. Gold can be found in various mines which have no fixed amount whereas Bitcoin has a limited supply due to which the price of Bitcoin will continue to increase. So it is at the peak of popularity for everywhere.
However if something happens with digital world, gold will still be in huge demand. Still, in most part of the world, if you offer to select as payment, Bitcoin (or any crypto) or gold, people will prefer gold. Like you have said, Bitcoin is still young, and it still needs time to build a reputation. So far we see only bright side of Bitcoin, but we havent seen its collapse and recover (we see only adoption to market). Thus it makes hard to make a forecast its future for next 20-30 years for example. With gold, it is clear, it will still be valued.
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- Actually, they are equally attractive to investors, and probably the other investors, when there is a bear market and they are long-term holders, will surely use that for the benefits of their capital.
In fact, when the bull run ends, the investors who buy just wait and wait; that's what they always do, especially if we save.
For ease of privacy and security investors find bitcoin more attractive than gold, but in the traditional world many investors still believe in gold as a sustainable investments that is without tax like bitcoin, which is not true in reality and for smart investors we see bitcoin in a more lighter note than gold since aside from the privacy of asset ownership and ease in accessibility to bitcoin more than as it is to gold.
This and many more features make bitcoin a better choice than gold, only when you talk about longevity and old asset then you can refer to gold but not as contemporary assets that caught accross multiple chain and network.
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Bitcoin is a really convenient asset to buy and hold compared to gold. However, I think it's a bit early to compare Bitcoin and gold because many countries still prefer to buy gold as a protective asset, especially during geopolitical tensions. In principle, BTC could become a widely accepted protective asset, but this is likely to be a long way off.
Gold is also convenient to buy and hold like that of Bitcoin but due to the large profit of bitcoin people are accepting Bitcoin rapidly but it does not mean that they are thinking gold as a less valuable asset. Both gold and Bitcoin have their own uses and I think if we stop to compare Bitcoin with gold then we can get good revenue from both of them by accepting the good uses of both.
Gold is acceptable everywhere and one can invest in gold without any stress of elimination as well as without facing any strict rules of government but Bitcoin is not acceptable by every country. Soon it will be accepted because its success is huge and unavoidable so choose both if you can afford it.
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Bitcoin is more popular than gold to the current generation. And there are many reasons behind the popularity. There are many who may think Bitcoin as a medium of exchange and as a trading tool. Any amount of money can be paid through Bitcoin but cannot be transacted with gold. Moreover Bitcoin is very easy to carry which is not easy in case of gold. Gold has been arrived long ago and it's journey has started since its inception (2450 B.C) while Bitcoin's journey has only just begun. it has already managed to attract the attention of investors. Gold can be found in various mines which have no fixed amount whereas Bitcoin has a limited supply due to which the price of Bitcoin will continue to increase. So it is at the peak of popularity for everywhere.
This is exactly what I want to say!
BTC may still be smaller than gold in terms of marketcap and global acceptance, but BTC is growing rapidly and becoming a very popular new asset class. BTC is mentioned at conferences by presidential candidates and congressmen, BTC is mentioned in the parliaments of many governments, which is something that gold can no longer do at present.
I really hope that young people will approach BTC in a slow and steady way to be ready to invest in BTC when they receive inherited assets in the future. That will be an important transfer between generations in families and asset classes in the economy.
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If I have to compare the two, I will definitely choose the bitcoin because It is not that gold is not right, it is also right in its place. But for every crypto lover, attraction towards bitcoin is a possibility.
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Bitcoin is a really convenient asset to buy and hold compared to gold. However, I think it's a bit early to compare Bitcoin and gold because many countries still prefer to buy gold as a protective asset, especially during geopolitical tensions. In principle, BTC could become a widely accepted protective asset, but this is likely to be a long way off.
Gold is also convenient to buy and hold like that of Bitcoin but due to the large profit of bitcoin people are accepting Bitcoin rapidly but it does not mean that they are thinking gold as a less valuable asset. Both gold and Bitcoin have their own uses and I think if we stop to compare Bitcoin with gold then we can get good revenue from both of them by accepting the good uses of both.
Gold is acceptable everywhere and one can invest in gold without any stress of elimination as well as without facing any strict rules of government but Bitcoin is not acceptable by every country. Soon it will be accepted because its success is huge and unavoidable so choose both if you can afford it.
I would disagree that it is convenient to buy and hold hold, like it is with Bitcoin. You can buy it in few minutes and the exact amount you want. You can buy gold on exchanges and trade it, but that will be only virtual numbers. You cant but exactly, lets say 202g of gold. You will either buy 2 100g golden bars, sealed in plastic wrapping, or have a 202g of gold in jewelry, and the weight of your gold will decrease after smelting.
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1. Keep in mind that you don't have to choose between BTC and gold; you can invest in both if you have the resources. It's also worth mentioning that you don't need to buy physical gold bars to invest in gold. There are other options, such as gold ETFs, gold stocks, or simply buying jewelry.
2. Gold will appeal more to investors who prefer less volatile assets and are content with smaller profits over the long term. BTC, on the other hand, is volatile and can yield bigger profits, but its price can also fall. Remember, you only incur a loss if you sell at a lower price than you bought.
3. I have no idea and actually i don't care about that
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If I have to compare the two, I will definitely choose the bitcoin because It is not that gold is not right, it is also right in its place. But for every crypto lover, attraction towards bitcoin is a possibility.
For young people and crypto investors, it's easy to make a decision because we understand the value of BTC, we know how to create accounts and store private keys, we monitor the crypto market daily and understand the opportunities that BTC can bring to holders. I hope this will gradually become true for the older generation of investors and we will have more new money flowing into this market in the future.
Gold still has its own place in the economy as the best reserve asset for thousands of years, but BTC is rising strongly. I also believe that we will talk about this topic many more times in the future, especially when BTC's marketcap surpasses that of gold.