Is bitcoin more important than gold?

[UNIVERSE]

In what case of important? Because, actually, both Bitcoin and also gold are good things to invest in and they are ll worthy. However, because the volatility of BTC is high, it can be very good chance to make profits. But of course, each choice will have risks and the risks may use Bitcoin for trading and gold for long-term investment.

[Arendra]

Actually, in terms of security, it is safer to invest in gold. however, if you see a profit opportunity, bitcoin is better because it can quickly generate large profits. If you are really good at seeing the opportunities that exist. and gold does have a fairly slow upward movement.

[mlawson71]

Gold is still the more popular unstrument to trade too.

[Noverteno]

In this case, it is unlikely that we can talk about the importance of bitcoin over gold, or vice versa. We can only say that gold as a means of payment and preservation of value has existed for many millennia, and in this regard, bitcoin is still too early to equal it. In many crisis situations, bitcoin, like other cryptocurrencies, can disappear, and gold is not threatened in any case.

[Altcoin1998$]

Till now gold is better than bitcoin. Because gold is the world accepted metal and it is very much popular and luxurious metal on the others hand bitcoin is very much valuable but not acceptable globally. Only few countries are familiar with bitcoin and its uses.

[Stuart]

When we are talking of stability in price without heartache or trouble investing in gold is the best way to archive that, but when we are talking of fast results with price fluctuations then we can look forward to bitcoin. Though it has a very flexible feature, and with its decentralized nature it is for the future, and the future is now. To me, I see them both being important in their different ways of use.

[expander]

Actually investing in gold is definitely more certain. Because goods are visible and their value continues to move up even though the increase is slow. While bitcoin itself we can get huge profits in a short time. And this is definitely more practical than gold. Although the risk is greater.

[Sammy9ce]

One is dug from the ground, forged in flames and hurts like heck when you drop it on your foot. The other is purely digital, created by computers crunching complex equations, existing only in bits and bytes.
Yet they actually share a great deal in common. The original cryptocurrency, Bitcoin, was even purposefully designed to mimic some of gold’s unique natural properties. You even “mine” for new Bitcoin digitally like people mine physically for gold, and the supply is purposely limited. Because they have a lot of similarities, they appeal to many of the same investors.

[EthereumDev_]

I think bitcoin can be very important because of the influence of a very limited supply that makes it more expensive and has a lot more price movements than gold.

[Mbah Jenggot]

In what case of important? Because, actually, both Bitcoin and also gold are good things to invest in and they are ll worthy. However, because the volatility of BTC is high, it can be very good chance to make profits. But of course, each choice will have risks and the risks may use Bitcoin for trading and gold for long-term investment.

I think no business without the risk  Many people have used bitcoin for Investment because they want to get profit from price gaps. Bitcoin is more profitable and more risk than gold. But we all know gold is going down now. So, I think bitcoin is the best choice to investment.

[Gubre]

when it comes to investment I would rather choose gold if the only reason is to put my fund in a safe place where I can also make profit.  But still bitcoin is better than gold to all risk taker and who already knows how this blockchain work.

[syedrasool2011]

I dont think so but bitcoin is like air gold is stable for that no important than gold.

[naitik01]

Bitcoin and gold are different assets and both have different roles. The price of gold is almost constant while the flexibility in the value of bitcoin is found. For those who like gold, it is important and for those who like bitcoin, bitcoin is more important than gold.

[Quantum X]

Bitcoin trading seems to be easily done due to the decentralized blockchain technology. One can send and receive Bitcoin at the comfort of his home in just some few seconds.

This is the best advantage of bitcoin over gold. Yet we can't neglect the fact that crypto is still risky and the product that have limitation unlike gold. That is why even bitcoin holds the reputation it is still nothing compare to gold who which is holding the record of unending value.

[Sentinel]

Investing in gold, of course, is less risky, but indeed the increase is very long and the process of obtaining large profits takes years. Meanwhile, investing in bitcoin, in a short time, you can get big profits. And this makes a lot of people prefer bitcoin over gold.