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Poll

Which assets will you choose to accumulate:

Bitcoin (BTC)
31 (93.9%)
Gold
2 (6.1%)

Total Members Voted: 33

Author Topic: Has BTC really become more attractive than gold?  (Read 23583 times)

Offline dekafee79

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Re: Has BTC really become more attractive than gold?
« Reply #165 on: June 13, 2024, 10:22:58 AM »
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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Re: Has BTC really become more attractive than gold?
« Reply #165 on: June 13, 2024, 10:22:58 AM »

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Offline bayu7adi

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Re: Has BTC really become more attractive than gold?
« Reply #166 on: June 14, 2024, 01:27:39 AM »
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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Re: Has BTC really become more attractive than gold?
« Reply #166 on: June 14, 2024, 01:27:39 AM »

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Offline doc

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Re: Has BTC really become more attractive than gold?
« Reply #167 on: June 14, 2024, 08:09:04 AM »

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.

Offline $crypto$

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Re: Has BTC really become more attractive than gold?
« Reply #168 on: June 14, 2024, 01:34:01 PM »
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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Re: Has BTC really become more attractive than gold?
« Reply #169 on: June 14, 2024, 06:52:04 PM »

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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Re: Has BTC really become more attractive than gold?
« Reply #170 on: June 19, 2024, 02:56:46 AM »
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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Offline rachael9385

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Re: Has BTC really become more attractive than gold?
« Reply #171 on: June 19, 2024, 10:55:28 PM »

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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Re: Has BTC really become more attractive than gold?
« Reply #171 on: June 19, 2024, 10:55:28 PM »


Offline doc

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Re: Has BTC really become more attractive than gold?
« Reply #172 on: June 20, 2024, 07:49:24 AM »

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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Re: Has BTC really become more attractive than gold?
« Reply #173 on: June 21, 2024, 06:42:16 AM »
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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Re: Has BTC really become more attractive than gold?
« Reply #174 on: June 21, 2024, 08:42:36 AM »
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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Re: Has BTC really become more attractive than gold?
« Reply #175 on: June 21, 2024, 12:24:30 PM »
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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Re: Has BTC really become more attractive than gold?
« Reply #176 on: June 21, 2024, 01:31:14 PM »
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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Re: Has BTC really become more attractive than gold?
« Reply #177 on: June 23, 2024, 02:21:42 PM »
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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Re: Has BTC really become more attractive than gold?
« Reply #178 on: June 23, 2024, 05:49:20 PM »

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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Re: Has BTC really become more attractive than gold?
« Reply #179 on: June 23, 2024, 08:13:10 PM »
        -   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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