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Author Topic: Can Bitcoin be considered the “gold” of crypto investment?  (Read 6020 times)

Offline Azaleea

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #45 on: January 27, 2021, 02:56:22 PM »
In fact, currently Gold is certainly superior to bitcoin. Gold is more flexible and accepted in all countries, while bitcoin is still in the process of getting there. However, for short-term investments, bitcoin is potentially more profitable

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #45 on: January 27, 2021, 02:56:22 PM »

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #46 on: January 27, 2021, 03:01:05 PM »
Perhaps it is very appropriate to call Bitcoin gold in the world of Crypto. Because the value of Bitcoin is very valuable and also continues to increase. Even investing in Bitcoin can make anyone rich suddenly. However, it comes with a big risk, because people can also suddenly become poor with Bitcoin.
That's why we love the btc as it is high volatile and easily give us a quick profit .However we all know risk is on beside but we can avoid the risk management if we study the market welly .Btc is become more popular than gold at the recent time .It makes us the surety that it has a bright future .
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Offline Beattysuhita

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #47 on: January 31, 2021, 07:04:33 PM »
In fact, currently Gold is certainly superior to bitcoin. Gold is more flexible and accepted in all countries, while bitcoin is still in the process of getting there. However, for short-term investments, bitcoin is potentially more profitable
Bitcoin is getting more and more popular from time to time, although currently there are no businesses in my place that accept Bitcoin but I am optimistic that in two to five years Bitcoin will be accepted by all elements of society.

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #48 on: January 31, 2021, 07:27:56 PM »
This is absolutely true, because once the price of bitcoin was only a couple of cents, and more recently the price of bitcoin was about 40k$ and at the moment the price of bitcoin is about 32500$ and this already suggests that bitcoin is really digital gold, because people who invested from the very beginning in bitcoin, at the moment they have increased their profits by about 24000%.
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Offline sampoerna

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #49 on: February 01, 2021, 11:44:03 PM »
Maybe because we know that BTC can be a good investment, worthy investment for now and also for the future. This is something worthy like Gold. But it is different. I don't want to make it lively as gold precise, but it is exactly really promising for investing

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #50 on: February 02, 2021, 01:41:00 AM »
I thought it would outweigh gold because of the fast changing price of Bitcoin.
If we compare it to gold it will feel different, it is too early for Bitcoin to equate with gold that has been recognized by many people.
But it is true what Stanley Druckenmiller said, Bitcoin now feels that many people know and Bitcoin is used as a tool for investment.

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #51 on: February 02, 2021, 01:54:37 AM »
It is possible to make a lot of profit in the future by investing in Bitcoin. If you invest, it will be much better.  But there will not be as much future development as bitcoin.  But there is no risk in investing in gold as there is a lot of risk in Bitcoin.
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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #51 on: February 02, 2021, 01:54:37 AM »


Offline XM8

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #52 on: February 02, 2021, 06:48:21 AM »
I've already seen a lot of topics about Bitcoin and Gold already open and many topics have been discussed in detail about Bitcoin and Gold.I think bitcoin and gold are two different objects. Digital currency and gold are real objects. That is, there is no similarity with any of them.If you hold Bitcoin and Gold together, you will find that Bitcoin seems to be more risky than Gold.
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Offline Tnoy30

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #53 on: February 02, 2021, 08:41:59 AM »
The number of investors in the world will increase with age. Investment and trade will always go a long way. Popularity is definitely needed to increase the level of investment. For example, Bitcoin is more popular than gold. One of the popular mediums is Bitcoin. So nowadays people are emphasizing on investing on bitcoin instead of investing on gold.

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #54 on: February 02, 2021, 08:49:52 AM »
I believe it's much better than gold if you see Bitcoin ROI you will be amazed how faster is it than Gold. Bitcoin growth is quite higher than Gold. Yes, we can say it's a digital gold of the cryptocurrency but the major concern is still the adoption rate of bitcoin and to keep it secure from hackers.

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #55 on: February 02, 2021, 09:20:50 AM »
In my opinion, gold and bitcoin are the same tools for investing, the difference is that they are real and bitcoin is digital, if the gold you increase can still be controlled because it is real, but if bitcoin increases it can't be controlled so here if I think investing in bitcoin  it is very profitable over gold.
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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #56 on: February 02, 2021, 09:39:39 AM »
for long-term investment until the apocalypse may be very useful gold, but when technology develops, gold will not have a good future, the development of technology will make the price of cryptocurrency expensive.

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #57 on: February 02, 2021, 03:33:27 PM »
Bitcoin is certainly more valuable than gold.  Because nowadays most people value Bitcoin more than gold.  Nowadays, people's interest in bitcoin is increasing. People think that if bitcoin can be held more than gold, then the most profit can be obtained.  We should all look at bitcoin instead of gold.

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #58 on: February 03, 2021, 07:51:34 PM »
Bitcoin has been felt to be easy, simple, fast for its price increase by everyone throughout the cryptocurrency market, including me.
Just look now at the best exchanges like Binance, this Bitcoini is really very much appreciated.
On every button on Binance there is always the word Bitcoin, which means Bitcoin has become a digital asset like gold that you have always wanted to own.

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Re: Can Bitcoin be considered the “gold” of crypto investment?
« Reply #59 on: February 03, 2021, 08:22:03 PM »
Bitcoin is now being compared to allready gold. Many are comfortable investing in Bitcoin as opposed to gold. We all know that Bitcoin has no stable currency so investing in Bitcoin is risky. But investing in Bitcoin is hugely profitable. So investors are inclined to invest in Bitcoin instead of gold.

 

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