Bitcoin Forum

In my opinion, I think we should not expect investors to easily consider Bitcoin as an alternative investment to high-status assets such as gold and commodities. In fact, Bitcoin still has a long way to go in order to catch gold in terms of history, price stability, and accessibility. So, a word of caution is warranted here. The status of Bitcoin in the international financial market
is far from being solved, despite the launch of the Bitcoin futures contracts by the CME and CBOE in December 2017, which added some legitimacy to Bitcoin and may ultimately help manage its price volatility.

I can see investors and traders now have strong empirical evidence that Bitcoin has some of the virtues of gold and commodities against extreme down movements in the world stock market index. However, stock investors in developed markets have no choice other than gold as a safe haven asset ( as we have seen recently during the crash of March when investors turned into gold), given that Bitcoin fails to offer such a property. Interestingly, Chinese investors can consider Bitcoin as
a safe-haven asset despite the restrictions taken by the Chinese government against Bitcoin exchanges and trading activities.

Please tell me when do you think Bitcoin will replace Gold as a safe haven and why?

I will choose bitcoin ahead of gold. The reason is because bitcoin is new age technology and therefore has the advantage of higher growth because of usage. And recently, bitcoin has not dropped in price till now despite the global health problems.

For a longer investment, i will go with Gold, Bitcoin have recorded more than 100% rise and drop in price in a short period of time which can be really frustrating depending on the period of time the investment is meant for.
Basically, For Price Stability: Gold
For more income/Risk: Bitcoin

the topic has been talked about too many times in this forum and people in the previous thread just like this one will pick what they think is better and the discussion will never end and In the end, the thread will only have endless debates whether wich is better than the two.

History- it's never going to catch up. Gold has been used for trading for thousands of years. Even if we compare that gold had an ETH long time ago BTC is nowhere near catching up.
Gold is always going to look better historically.

Price stability - it's mostly about the size of the market. Bitcoin is still tiny. We'll start comparing in 10 years because I believe it will catch up in capitulation and become much more stable.

Bitcoin is already as accessible as gold if not more. You can buy it anywhere in the world even in ATMs.

Gold is obviously the safer haven. Bitcoin might rise to $20K or it might fall to $500.

Gold is a safe investment both for short or long term investment. The characteristic is not volatile, it will keep increasing along the time. However, the increase will not jump as high.
Bitcoin is a very promising investment, you can gain high profits only in a short time. However on the other hand, you may also lose a high amount in a short time. For, Bitcoin is high volatility, it is always fluctuating. We can control the price of BTC because the price will depend on the market.

I will not think about it because BTC will not replace gold. The two will exist and develop together without another should be replaced or replacing. They are a great investment for all.

Bitcoin replacing Gold? Can governments have bitcoin reserved?  :). What makes gold more attractive as a safe haven its because it has been tested already, you just have to check how Gold was used during WWII and you will understand why government or even individuals prefer it more than bitcoin today. Of course there are still narrative that bitcoin can be safe haven, but that narrative was put into question when the whole corona virus crisis and it seems that we have a long way to go before we can say that bitcoin can be an hedge against pandemic and the looming recession.

Bitcoin doesn't care about the Corona Virus. This entire engineered pandemic is irrelevant as it relates to BTC.

Gold has a stable price and the safest asset to invest which you could hold long term it is also cannot be manipulated in its total supply which is what fiat is doing that will eventually lead to inflation.
Bitcoin on the other hand has still a lot of roam to grow and investor is still skeptical in buying into it. But BTC will show its technology and fast transactions that's decentralize, if the current monetary system leads to a financial crisis.

For now, I would think gold preserves our money's worth a little safer. I mean, it is next to impossible to devalue gold. People cannot just suddenly consider gold as just another kind of rock out there. Gold's value dates back to the oldest of ages. Bitcoin's value, on the other hand, is too volatile that it might actually turn your money's worth into a quarter in just a few days. The catch, however, is that it could also possibly quadruple its value in a couple of days.  

The more you learn about bitcoin, the less riskier it is. Your speculative investment is my savings account.

Depends to your outlook between the two investments but obviously, the majority will say that it's gold as a safe haven but for us that would be bitcoin. I think there's no need for everybody to think that bitcoin will replace gold as a safe haven.

They can be at par and be preferred by most. To those investors that wants to see a tangible safe haven then that would be gold and for us who prefer digital and can keep it on a hardware wallet or any other safe storage, we prefer bitcoin.

Whether Gold or Bitcoin, they both posses risks. Their prices are both volatile so there's no guarantee that you will not lose money when you choose either of the two. However, I admit that gold is much safer than crypto at least for now. I mean, it is safer in a sense that it was widely recognized across the globe. Unlike btc, it was banned on other countries because government treat them as enemy. People are still not aware of this new technology thus got less adoptions.

Nevertheless, if you asked me, I still prefer bitcoin because of its decentralization and easy accessibility :D. Plus, it was less hassle since you can buy/sell it even while you are home :).

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@SatsLife ~ You should merge your two posts into one dude. That would be much better.

Gold is really a good store of value compared to bitcoin that is very volatile in the market, and its price varies in time either up or down. That's why you should also manipulate your asset and not rely on the environment because market is not that stable. BTC is good in a market when you manipulate it based on the right time where its price is in its peak, Gold is just a store of value where you can really touch them and wait for the right time for it to sell. If you really want a high profit in a short period of time then choose bitcoin, but if you want a profit for a life long value then you should invest in Gold. The only thing you need is to watch for the movement in the market to prevent losses in your investment.

Which is unfortunately inevitable at this point in time. Perhaps we could have a different one in the future. But at this point we cannot just price stuff in troy ounce or in Satoshis. Whether we like it or not, we cannot yet brush off either gold or Bitcoin's value in USD or other fiat. Realistically speaking, we cannot yet say 1BTC is 1BTC and 1 t oz in gold is 1 t oz without taking into consideration their respective dollar value.

That's right the using bitcoin is much risky compared to Gold but it is guaranteed that bitcoin can give you more profit because of its volatility that can surpass the price of gold. You can't control risk in bitcoin but you can manage your money properly without any hindrance because you have 100% control on your assets. Don't you ever compare gold and btc because they have their own advantage and it is based on the timing when you will use them in transactions. When it comes to the market, if you know how to deal with the market then you should choose bitcoin. For me, bitcoin is for a short term store of value because its price goes up and down depending on the situation and state of the market.

With the recent market price downfall of bitcoin due to the crisis of COVID19, it has imparted me that bitcoin couldn't be classified as a safe haven for our investment. One indication O consider is if it can maintain its price so that it is still profitable to sell it even in times during crisis, but it turns out that Gold possess this characteristic compared to bitcoin. What about stable coins? No, stable coins are priced at dollars, and even dollar's value is fluctuating. Going back, Gold over time is increasing its market price because it's supply isn't too much. Meaning to say that owning a Gold is like having a BTC and it doesn't mean that BTC is a safe haven like Gold.

I've seen so many topics related to this one, they always tend to have debate about which one is the best for investment, bitcoin or the gold? How long this topic will be posted if there are already answers with it.

Gold is really good for investing for a long time because gold increases its price over time but its not that high compared to bitcoin, so if you want to invest where you can assure yourself that you will get profit in future you may choose the gold but do not expect so much in return, not like with the investment for the bitcoin, bitcoin has its feature of being volatile, it changes time by time, it is really good ofr investing both long and short term. You may have a big profit when you invest with compared to gold but always remember that you are taking a risk when doing so.

Correct, any related to physical investment is safe but when it comes to digital currency investment is quite risky but if you have fully monitored into it you will potentially gain profit in the future. Some people consider Bitcoin as a safe haven because this is not correlative to the stock market price and you will see even we are still in economic crisis and maybe we are in a recession but the crypto market price was showing good results n the market.

This topic has been debated for so many times, I have already seen so many post like this asking about bitcoin and gold well, in fact, both things are different because the bitcoin happens online while gold is in real life. Well as I have learned from my future professor bitcoin and gold should not be compared because they are totally different, thingsprevail uld be done on a different medium.

But for the sake of the OP's post, bitcoin is always better for me compared to Gold because in bitcoin I can earn more money because it has higher money in return
Well said, we are now 21st century and technology keeps on evolving including the cryptocurrency so I think this will be the safest haven compared to others.

And looking to the market price now?This is the best way how to consider investing in bitcoin as last month the price went fall to 4000$ value and check today
https://coinmarketcap.com/
If we come to buy that moment and selling today means you are profiting more than 💯 of your capital?this cannot be afford if you put your money in Gold alone thats why i think better consider buying gold but put more than half in bitcoin so the more advantage of gaining.

What if people doesn't know to much on bitcoin do you think its good idea for them to split up their investment? then no since we all know how hard the volatility of bitcoins is and it's so unpredictable, even if we see a huge pumping right now we can't say that it will continue to rise up since for sure there are series of dumps will occur which could upset the investor and lead to lose their capital.

Compare to gold where we know where our money heading and we can assure that this is safe commodity so for this comparison I go for gold.

In terms of volatility then yes gold is much better and can be as safe haven due to its nature where the movements is not volatile as Bitcoin was. While in the other side in terms of profitability Bitcoin is much better since the value still according with speculation and the more investment the more chances that the value will continue to grow and bring bigger benefits.

I guess gold is a safe haven until now because the value of gold is not too volatile than bitcoin. Besides that, people out there still choose gold as the other investment without mention bitcoin as the new technology that can be a new investment for them. But if people can accept the risk of bitcoin volatility, perhaps, they will choose bitcoin as a safe haven because bitcoin price can change from time to time.

Bitcoin can be a safe haven if the price does not change every day because that can make people too afraid to invest their money. But if they want to use bitcoin as a long term investment, they don't have to afraid of the price because, in the long term, bitcoin price can increase so high. So that will depend on yourself, which one you will choose whether bitcoin or gold.

Gold has quite a long history of being valued and at least relatively stable. It doesn't often rise but it doesn't seem to crash hard either (if compared to Bitcoin, of course). So if we're talking about the global economic crisis and the main aim is to ensure minimum losses, then gold might be a good choice. If one's willing to risk and get a chance of actually profiting, then Bitcoin is probably more promising. Bitcoin is not a safe haven, not yet. Maybe it will become one after a while, or maybe there'll never come the day when there will be a need for that. IMO for Bitcoin to truly succeed like that, top fiat currencies must crash, and perhaps it's not happening anytime soon (although I thought it might happen this time).

Actually if i have access i will invest both of them because When i compare BTC with gold, BTC is best at present time as BTC price goes rapidly up when market goes high even in one day it cross $1000 that i don't see in gold. But when it goes down it also goes rapidly and this is big problem here.

On the other hand i can store gold for long term investment because its price fluctuation is low but its price goes up slowly. So here i tried to mention that two different things are two different strategy and choose is yours.

thanks.

Bitcoin is anything but stable, Gold is the most effective on crypto market. the asset sharing important attributes with these precious metals has caused a safe haven narrative to surround the asset since the start of 2019, when the cryptocurrency began rising alongside gold. Bitcoin having already traced down from $9,200 to $7,700 and then to $7,200 in the prior few days, plunged from $7,200 to $3,800 before spiking up and settling in the $4,800 to $5,200. Bitcoin market move tested the resolve of bitcoin bulls who had expected the upcoming halving to continue to drive the price higher.

Nothing is safer investment than gold, and that should be enough to answer the OP's question about it. It has been talked for a very period, I guess it's time not to compare bitcoin with gold anymore, Gold has been here for the ages, the government already made it as reserve for the country so that basically means gold is the safest investment. We tend to compare bitcoin with gold just for a single reason, the price, when in fact gold has more advantage than bitcoin in many aspect.

Every investment takes a certain risk, you can't escape that but everything depends on your risk apetite.
If you are more conservative investor, more inclined to traditional investment types then gold might be better choice for you.
However, to my opinion Bitcoin is more profitable and more dynamic type of investment but you have to be more involved in the market.
So, basicly everything depends on your prefernces, available funds and risk you can handle.

Gold is still being considered as safe haven place rather bitcoin. Most people know gold and they also believe that gold is safe to store their money. In any crisis gold is still remain become as main place to store their money. As you can see now, the gold price has been increasing in this situation compared to another investment place.

I haven't saw it in bitcoin right now, at this situation they people still doubt again bitcoin although we have seen an increase for its price a few times ago but I didn't think that is real the people believe bitcoin. I've thought that this increase price is caused by halving event and it won't take a long time.

In terms of being safe, I would go 100% with Gold since there are a lot of times that it is proven how good it is as an investment. Bitcoin is good too but not that safe since we all know how volatile it is in the short run though we should also consider the profits bitcoin gave in the long run. Even though it is volatile, in the long run, people got a lot of profit from it.

IMO, nothing replaces each other. Gold remains a safe haven as it should be, and bitcoin will also have a better advantage on the other side. However, compared to other investment product markets, the highest risk cryptocurrency, maximum effort is needed. But when a good opportunity comes, the benefits double, outweigh the risks. So, it's better to combine the two, invest in gold and crypto, so you can take advantage of the benefits of both.

See? gold and bitcoin both have advantages and disadvantages. If we combine the two, we will have a better chance, besides putting all the eggs in one basket is too risky.

If one is invested  to cryptocurrency, he must be active and allocate more time in monitoring the market movement. Hodling Bitcoin ain't as easy as just selling high or buying low, one must set a good selling point and study the TA's to predict the possible price peak.
Anyway, investing in Bitcoin needs strong risk tolerance. The higher the capital is, the higher the ROI will be.

Bitcoin is indeed one of the most profitable investment IMO in the modern world today. May it be a long term or short term investment. But, Gold is still the safest heaven. It might not be as profitable as Bitcoin, but sure it's far more valuable than any other form of currency in the world.

I can't argue this to other people since it always depends on their own choices because both have their pros and cons. I actually like gold to be as a safe haven but just like I said they both have pros and cons that's why I am more into Bitcoin than gold. The usefulness of both are depending on the situation just like these days when we have pandemic cryptocurrency is quite useful for sending money to anyone anytime.

For now I must admit that gold is safer than bitcoin. Because the price is more stable and legally more stronger. We know that not
all countries legalize bitcoin, here is a bitcoin weakness. So in the near future I prefer gold as a safe haven. But a few more years or
in the future the possibility of bitcoin can beat gold, now bitcoin still in a period of development. So it takes more time, so that bitcoin
can be legalized in all countries and is more popular than gold.

For majority of people, investment on Gold is going to be a save haven for them. Gold is well known. Every people around every corner of the world knows what gold is and also knows that fact that its really valuable. On other hand, not everyone knows about bitcoin. You will find people out there who might have heard about bitcoin but doesn't even know what it is. Again, even if they did hear about bitcoin, the media along with the government kinda did bring up some negative views of the cryptocurrencies, thus people will hesitate to invest on bitcoin.

The reason why investing on Gold is preferred over Bitcoin is infinitely proven. Investors  and stockholders can easily track their investments and can take fast action towards their investment. Bitcoin has proven its contribution to generating a good amount of coins and money itself. It's its price stability that makes it an underdog. Literally, I think there must be no debate which one is better because they fall into different categories and has unique characteristics in making a businessman earn. They are both economical and good, it is just a matter of using these currencies wisely; being used to someone's advantage.

When will this debate ever come to a conclusion. Obviously gold is been considered more of a safe heavy investment than bitcoin simply because it has proven over the years to be worthy of this trust and the price volatility is very minimum when compared to other assets most especially bitcoin.

All bitcoin needs is time to overthrow Gold from it's current position as the most trusted asset in the market. In the last 10years, Gold's appreciation in price can't be compared to that of bitcoin in anyway which goes to show how valuable this new assets is becoming. Do understand that the right thing aren't always the best thing to do. Your financial adviser will recommend Gold over bitcoin, but that doesn't mean you should adhere to their advice. Bitcoin's the future of both asset and money.

To be honest, I am confused about this now.

Gold is a great investment, to be honest most of the investors are recommending this as an investment, a must-have investment, as they say, it. Bitcoin on the other hand, despite the volatility of it, through the years, a lot of people told me they had a good profit while holding it. Gold and Bitcoin gave good profits for the people and I think despite Gold not being as volatile as Bitcoin, I think there is no such thing as a safe-haven.

Gold and bitcoin is a valuable investment! So why choose on those two when you can diversify your asset and invest on both? Bitcoin is a roller coaster ride while Gold is a steady and good for long term investment. Investing on those two are really good since you can maximize your earning while minimizing the risk of losing your money. Remember that always diversify your asset to get the greatest outcome of your investment. Don't go all in, in one market.

Bitcoin does not cover or reach all people. Unlike gold which is already known by many people in various economic circles, ranging from the lower classes to upper classes.

Bitcoin and gold are different and have characteristics that cannot be compared. Bitcoin is fluctuative in price and cannot be controlled by anyone, while gold remains at a stable price that tends to be stable following inflation, the dollar exchange rate and the current global economic situation.

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Ever since i am young Gold is always what i use to invest like when i got my first job i bought a bracelet that cost more than 1 month of my compensation and until now all of my collections are still in my Vault same as those given by my parents and grandparents.

But since i start learning blockchain?I then realize that there is nothing more much better to invest here in crypto because this is the currency of the future and we must accumulate now before it goes so far soon.

But are those people really using bitcoin? Are we all using crypto currency during this pandemic to avoid the contamination of this virus? I don't know about your countries but in ours, people aren't. As the government gives in aids(fiats) to their citizens because of the pandemic, the more they use fiat since it is also the fastest way for them to buy their needs in this pandemic.

They both are. We just have to decide what are we trying to save ourselves from. If you want to hedge against traditional markets gold is a bit better because it tends to hold its value better but if you're looking for something that will allow you to transact during a crisis, Bitcoin should be your first choice. Gold is very hard to spend and while it's still hard to find stores that sell stuff for BTC, finding ones that will sell for gold is almost impossible.

Choosing between Gold and bitcoin as a safe haven for finances depends on each individual, to make things clear both bitcoin and gold have a fixed amount (gold has a fixed amount in the universe). Here are some things to consider, gold has been on the market for a long time and it has once been the symbol for how much a country is worth and for me gold is the safest bet as a safe haven for my finances, on the other hand bitcoin is still a young technology and still can be innovated to reach greater heights, the advantages that bitcoin possess is that anyone can have one unlike gold which is difficult for a layman like almost anyone to acquire, bitcoin have the storage capabilities that a gold cannot possess because of physical limitations, there are distinct disadvantages that the bitcoin have, one of them is popularity, if you make a popularity survey about different asset safe havens, bitcoin will not come to the minds of many people, there are varying reasons for this but in my opinion is like what I said earlier is that this is still a young technology and I believe the rise of popularity will soon come bigger than ever, and the last one I can think of that is significant for many people is its fluctuation in the market, the prices take a dump real quick and the next day it recovers, it is very hard to predict but I think this disadvantage could be used for better purposes if an individual knows how to analyze these fluctuations and use it to his advantage.

In conclusion, safe haven depends on each individual, if you want to play safe, you can invest half and half of your funds on both these safe haven, it minimizes the risk but the returns are a so and so.

Bitcoin and Gold are both great investment, however we are living in a new generation where technology is used everytime and with that, I think I will choose Bitcoin over Gold as a safe haven because of the fact that earning is more easy on Bitcoin than Gold, also the price of Bitcoin changes a lot which means there is a lot of opportunity for us to make a lot of profit.

Every action there must be a risk about security, gold and bitcoin also have the same thing in storage and investment.

Confidence and trust are strongly recommended in investment, meaning that we know what gold is and what bitcoin is and how it is stored, Bitcoin and gold have their own way of storing gold in the form of real goods that can be held at home and bitcoin cannot be held and touched only stored on the internet technology network.

So here you can take a conclusion about your investment and security, logically you can consider it stored at home or on the internet.
You can take a safe conclusion which if you invest.

gold and bitcoin.

Gold can't ever become a currency, it is purely an asset unlike Bitcoin can do (both digital asset and currency). That is why we can't compare them both when we are talking about currency to be used in the future.

It probably we are not talking about digital but physical gold.
The thing why (physical) gold is a safe haven it is because its price moves high every year. Though not that much but it is satisfying enough compared to what we got bitcoin which usually will come into ups and down all the time.

Golds and Bitcoins are both good investments in terms of their value for gold historically is considered one of the most precious assets, and become as the measuring tool for the value of other assets. While bitcoin though is still new but has already shown us the stability of its value even during this time of crisis and there is economic recession globally.

For us to find out which is the better safe haven we must consider how the value of these two can be affected or can easily change base on the economy. During this global economic recession where foreign exchange keeps on going down, and if it continues then the value of gold will be affected as well like when you buy a bar of gold right now and because of this economic recession, there will be no guarantee that you may sell it on a higher price.

Bitcoin and other cryptocurrencies since these are decentralized then its values cannot be easily affected by the economic recession. Though, like other investments, there are always risks better to do researches before considering it as your safe haven. And to answer your question in my opinion it will be Bitcoin but that is only for me.

Indo not understand why people have started comparing Gold with Bitcoin. Bitcoin is only a decade old and the amount of expectation from it is very high.

I prefer to invest in both. In my opinion those who do not want risk and want to cash out on their investment at any time they should go for Gold.

Those who are okay with market risk and want to earn high return they should invest in Bitcoin. The risk is significantly high to Gold but the return are also very high.

Gold mines are found and there is no limit for the amount of gold left to mine and you can correlate to the coins which are not limited in circulation, yearly around 3000 tonnes of gold are added to the total supply and it is not a small quantity considering the price.

The idea of safe heaven depends upon the amount of risk one is able to take, gold is a proved asset for centuries as a safe heaven but with bitcoin you cannot call it a safe heaven until proven, investors who are optimistic might considers bitcoin as a safe heaven, if all depends upon your entry point and how long you are planning to hold.

I agree with the above, whichever is better really depends on your position in crypto vs stock market. As it stands at the moment the stock market is taking a bigger plunge than the crypto market but unlike crypto the stock market doesn't usually suffer of frequent fluctuations or at least not as much as crypto. Both are good investments. Gold is still the most popular while BTC is still growing. Though, if I were you and had a lot to invest I'd go with both, otherwise with whichever market you hold dearest  ;)

When compared with the adoption and existence of gold, bitcoin is not that good. Moreover, the volatility is very high, the opportunity to get price increases is indeed fast, so is the bad situation when prices fall quickly, cryptocurrency is full of surprises.

Investing in gold and bitcoin is equally risky if we cannot adapt well in both ecosystems. The risk of loss is always there if we do not manage its security properly. Although I am very interested in bitcoin as an investment, but I prefer gold to secure assets, more stable. So I choose to split it 50:50.

I would do that, but the question here is what is the safe-haven investment.

I would be stupid if I will just be running one machine if I can run two, right? That would make the work faster and double the profit I can have. But since we are talking about a safe-haven, my answer is still not that good. Gold is great but I watched a video in the past where they talked about Bitcoin being a safe-haven and obviously, they compare it with Gold. This "renowned economist" said that even gold with its long time is still risky, how much more is Bitcoin with a shorter time in the market.

https://cointelegraph.com/news/is-bitcoin-a-safe-haven-for-your-money

Bitcoin is profitable if we have a gots to wait for a very long time, it also needs a great patience in order for us to earn, so if we dont have patience we better choose gold because gold is not really high on volatility compaired to bitcoin so if we wanted to have a safe investment we need to choose gold for good.

Gold is heavy, physical, difficult to move from one place to the other. The so-called Physical Supply Chain is what makes Bitcoin " better".

As you can keep your bitcoin easily with you in whatever quantity you want. In times of disruption, you can move anywhere in the world with your whole capital. Although gold has value as a precious metal, I do believe that Bitcoin outperforms Gold as a safe haven. But if you look at building a portfolio I believe diversifying is key and both gold and bitcoin are good to have in there.

Covered it in today's video (also previous videos)  https://youtu.be/e2_L7YHS-bU (https://youtu.be/e2_L7YHS-bU)  Explaining Gold vs. Bitcoin

It is very obvious, yet people are still asking what is the safe investment between gold and bitcoin. Obviously it would be the Gold since the price of gold is intrinsic, meaning its price reason out to be its properties that's why the value of gold differs from various karats unlike bitcoin whose price is determine through demand and supply. It is just a case for centralized asset vs decentralized asset, basically the centralized one is more safer since it is regulated.

Satoshi Nakamoto used the term 'gold' twice in the whitepaper to describe the currency at the protocol level.

In addition, it has many of the same inflation/supply characteristics as gold. And gold has been used as a form of money for centuries.

I actually have  a feeling that gold is more safe than bitcoin. Bitcoin is really volatile than I even thought. It fell months ago. And months later (today) it's price is way higher. It's just complicated; in and out.

BTW; I've seen this particular topic on this forum. We're advised to search if topics exist before posting them.

People often forget that Bitcoin's properties were designed to allow users to hide and secure their money against malicious third parties, so Bitcoin is indeed a hedge against third scenario's like wars or dictatorships. But the thing is, they are relatively rare and not everyone is going to flee their country just because it's at war. So, for most people on the planet those feature aren't as useful as something like being a hedge against economy, since economic disasters are more common.

I chose gold as a safe haven because indeed the price of gold had no effect on this plague, it did not go down but instead rose a few percents. while Bitcoin has gone down and up several times during this epidemic

OP, I think you should LOCK this topic because this topic is already very stale  :D

Traditionally, gold is a "safe haven" investment. This is particularly evident in the various economic crises that have occurred around the world, where investors would retreat to gold, such as the case in the '00-'01 recession and 2008 GFC. However, it also depends on which markets are affected, as well as the economy you find yourself in due to the different effects your currency has on the price of gold versus the USD/GBP/EUR/AUD/JPY etc.

Investors flock to gold in times of incredulous downward volatility because it's quite static. Instead of losing money in the stock market during perilous time, gold entices by offering stability with it's relative static price movements. Although even gold isn't the only "safe haven" investment, and some would argue there are less risky alternatives such as government bonds. Other investors instead seek to capitalise on these movements rather than merely storing value, such as hedging by going long on the VIX or volatility index.

Volatility and value storage isn't the only benefit gold has over Bitcoin, other positives include more liquidity, established base value and the fact that Bitcoin only has 2% of the market cap gold does.

That is not to say Bitcoin isn't a great asset, but it really depends on what you want out of your investment. Bitcoin is extremely speculative and has higher risks than most other financial instruments, but it may also yield a higher reward, as is evident in some of Bitcoin's movements having more than double the volatility of gold, it depends on what, when and why.

If you're looking to preserve your wealth in the short-term, gold, government bonds and cash is the way to go. If you want to increase your wealth with little risk, combine the previous assets with stock ETFs when things look brighter. If, after all that, you have leftover funds and already factored in emergency savings, a small bet on Bitcoin may be well worth it for your future.

Gold is lot more safer, less risk and less profitable, Gold has been in existence for so long, from where I come from, women buy gold to preserve their money, it is a safe heaven for most of them, when things are rough, they sell their gold to get ahead,
Btc on the other hand is full of risk and also can be very profitable, this is limited to those who understand crypto, if you can take the risk, then btc will be your best choice, if not, Gold is much safer and can do long term without any worry.

To be honest, Gold is a better investment than Bitcoin. Bitcoin investment is not for everyone, but Gold is a universal asset, anybody can invest their money on Gold! Bitcoin is too volatile for investment, it can go to 100K USD, or it can go to 1000$, both have the possibility! But Bitcoin investment would be better profitable for the risk-takers, but gold is slow and lower in profit!

It is volatile but in the long run it continues to go up, especially if you compare the days it held above a certain price each year.
Let's ignore the tops for a moment and focus on the average price since Bitcoin was created. You'll see that the only point in Bitcoin's history where you could lose money is bwtween December 2017 and January 2018. In Bitcoin's 10 year long career there were only 2 months where the price overshot completely. It's pretty good if you ask me.

Anything can be a safe haven for anyone if you want it to be. But I am not going to argue this, we all already know that Gold is the main safe haven and not Bitcoin. But that doesn't mean that you cannot make use of Bitcoin for that same purpose. If you invest in Bitcoin for a long term then your plan is to use it as a safe haven and it's sure likely to work. There are times when it's disappointing and there are also times when it doesn't, and it just grows above the price you have bought your cryptocurrency. Like if you check the chart, the lowest price for every year grows as it goes.

Bitcoin and gold have many similarities, but their differences are also significant. Until we decide what exactly we want to compare, we are not able to clearly state what is better. As a payment method in the current digital world, Bitcoin is definitely a better option. Despite this advantage over gold, product prices are still converted into fiat currency. This does not change the fact that in the future it may be easier to buy something quickly for bitcoins than for gold coins.

The most famous cryptocurrency is primarily speculative. Frequent price changes allow you to earn more on trading, but it is also easier to lose money. When trading Bitcoin, you definitely need to adopt a different investment strategy. It should be remembered that due to the fact that trading it lasts for 24 hours, anything can happen. Each investor must decide for himself what to invest better on the basis of risk-to-profit calculation.

Bitcoin has greater price volatility compared to gold. For this reason, it is physical precious metal that is considered a safe haven in times of crisis. The method of storage of both assets is diametrically different and for this reason it is not possible to say which is better. Whether it is better to have physical gold or digital bitcoins depends on many factors. The best solution then is to diversify and own both goods. Bitcoin and gold do not have to be mutually exclusive, on the contrary - they can complement each other.

It depends on what kind of place you are residing and what kind of knowledge do you have. as for me, I will 100% choose bitcoin when I find myself need to choose between those two. because I know exactly how to safely store bitcoin in a safe and secure place. From time to time I am changing my address, it means, I don't reside in a certain place for too long because of my job. so the best investment for me is Bitcoin no matter how you see it. Some people will rather choose gold even though the kind of situation like mine because they also have enough knowledge on how to keep it safe.

Even though the price of BTC can reach tens of thousands of dollars, it is not a guarantee that BTC can be safe heaven. The bitcoin market volume is still too small to fulfil the concept of safe heaven assets where traders divert money from risk assets to safer assets to maintain investment value when risk and losses increase. IMO, regulatory issues also increase manipulation and the level of fraud risk.
BTC continues to grow according to its characteristics, it doesn't have to replace gold to become popular because it has a strong character. A good investor will certainly take advantage of both, depending on the right conditions and timing.

I agree to some point that gold still safer than Bitcoin.Since Bitcoin is very volatile it can rise any time and fall also.Gold will always be a good investment for a longer period of time but Bitcoin also have great possibilities to grow it's value more,let's see after the halvings will be done.

for safe investment, you should go for gold. because of its stability, price and safety. But if you want to take high risk, then you can go for bitcoin investment. Let you know, anybody can't predict actually about bitcoin. SO Can't say that bitcoin can be a safe investment

Obviously gold, though I am here in crypto but I wouldn't lie because we all know how stable gold is an investment and we know how risky it is to invest with bitcoin. But then, though I invested in gold, I am a bitcoin investor as well because I trust its future to be a success.

I think Gold is not that stable as well though in some ways you are correct but i would rather Buy them both than choosing one.

we have already experienced and taste how good Volatility of bitcoin can give us,in 2017 we are all in good mood trusting and gaining from this currency while Gold still almost the same price up to now.
so Better consider them two for investing than choosing 1.

It's gold, we all know that gold has been used as safe haven for years. It can hold its value even before and continue to rise slowly over time. While Bitcoin can drop its price at any time or vice versa. It includes a big risk that was really different when using gold as a safe haven.

! !BUY Property! !
Buy a piece of Land when the price is down and trust me property sector is going to keep on increasing forever because of the people who are never Willing to decrease the population curve .
Humans have the innate requirement to leave their offsprings and therefore I do think nothing is going to back it off . Even if people have 1 kid , there are countries which are far beyond Saving. See when we study biology we study the exponential growth curve of bacteria where after Lag phase and log phase the bacterias and other microorganisms starts making the environment more toxic for each other and which in turns kills them eventually .
Population boost is something that we should be scared of , but at the same time everything aside , it's an excellent earning source of you are able to make a stable investment .

Gold can be confiscated

Gold price can be held down by gold cert printing ad Infinitum

Gold is hard to transport

Gold is hard to prove the purity

Gold is heavy

Gold requires a vault/safe

Gold is not native to the internet

Gold is subject to captial restrictions

Gold cannot be taken through the AirPort with you

what do you think?

When there is state, there is no safe haven! (even land is not safe haven)

The essence of the state throughout history is a minority of the population, constituting a power elite or a “ruling class,” governing and living off the majority, or the “ruled.” Since a majority cannot live parasitically off a minority without the economy and the social system breaking down very quickly, and since the majority can never act permanently by itself but must always be led by an oligarchy, every state will subsist by plundering the majority in behalf of a ruling minority.

The State is the organization of robbery systematized and writ large. The State is the only legal institution in society that acquires its revenue by the use of coercion, by using enough violence and threat of violence on its victims to ensure their paying the desired tribute. The State benefits itself at the expense of its robbed victims. The State is, therefore, a centralized, regularized organization of theft . Its payments extracted by coercion are called “taxation”.

Both gold and BTC can't be taxed. They are better than land in this sense. But still miners of both instruments living in a country run by a government. No safe haven!

In my opinion, Gold is a safe investment than bitcoin as gold has been used since a very long time. Also I feel bitcoin is more volatile than gold in the market. But if we see today's scenario, BTC is going to much higher prices and it is beneficial for seller more likely and its predicated that it will go more higher.

If bitcoin is truly used as a currency, its value will be far more high beyond imaginations. Consider the whole world using bitcoin as a one world payment solution and we have only 21 million of those bitcoins. The demand will make bitcoin price to reach 100,000$ or more.

Gold is suitable for ordinary investment to people who do not want to monitor the news of the crypt 24/7, because of which, it can fall very much.
Bitcoin is very volatile, and this is a big problem for most investors who want to invest in the long term.

Isn't it the word it can drop any time applies more on btc than gold?

Gold is much stable than btc where it makes it more perfect to call as a safe haven. A safe haven is an investment that is expected to remain or increase its value for years. Which is unlikely to bitcoin because of its volatility, it is true that from the time btc started, its price is really different than before, but no one knows what will happen to its price because of its volatility.

So theya re not the one i am pointing ,simple as that and how can
 you expect a person to make investment
 in things he don't really know?thats a suicide mate and only Fool will
 do such thing,i am talking to the general
 public who knows about bitcoin and gold so they can try it harder to
 invest on both since this is the safest way
now as market seems nothing to make stable or continues to grow.

To the Disclaimer i am just commenting what i think is right about the question.

I will Choose Gold for safety investing(without volatility and manipulation wise) and this is Physical that we can be assured will be in our hands.

Bitcoin on the other hand is best if you can risk your money and may take it as investment that no assuring of when to make a profit and when to lose.

Gold and bitcoin are investment products that are equally profitable and both have different characters. Gold has existed for decades and market confidence is very large, in contrast to bitcoin. On the other hand, bitcoin offers the speed of price growth, it's just a big risk because it is very volatile. A wise investor will surely benefit from both without eliminating one. cmiiww

yes . that maybe a miss write only on his side  . i heard people call bitcoin as a safe haven before but i havent hear they call gold as a safe haven  .

 it could be that these people  utilize thier money more on btc more than gold . i havent tried investing on gold but i feel that gold is less risky although if i were to pick one right now , obviously i can grab btc imediately because there are many sources to easily get a btc more than gold   . 

Now I beleive Gold is still safe, Bitcoin is risker. The world crisis is coming, the government are constantly printing more money, leading to inflation. Therefore, hoarding of gold is necessary and will bring more benefits than keeping paper money or expanding on investment.

Bitcoin or cryptocurrency is more risk now because the price is not stably. You can see the Bitcoin's price near time, maybe pump to 9k$/BTC and mabe lost many, just 5k$/BTC

There isn't a clear news suggesting that countries with their respective government is now printing huge amount of money, I know everything is planned and there's no reason for them to make their economy worse by printing more fiats.

Going back, choosing between gold and bitcoin as a safe haven to consider is quite evident. Bitcoin provides us with services and Gold provides us with secured value of investment. It is not just because Gold is tangible but gold shows a stable market price over time. It might not increase that much compared to bitcoin but I think it fits Gold, the definition of safe haven. But it doesn't mean that Gold is better than bitcoin. Both assets, physical or digital have their own advantage and disadvantages. So comparing it holistically in all manner is not reasonable.

Which countries are you referring to?because not all countries are printing more Paper money and you are just relying on what you are reading in some threads here specially about US that has been said printing more Fiat now.
Since when that you will be expecting Bitcoin price to be "Stable"?remember that Volatile market is the proof that this is healthy and never expect Bitcoin to just pump every time and never to full back because if does then this market is BS.