Bitcoin Forum

https://i.imgur.com/rH2fkML.jpg

Hi, crypto fans

Just a little over a week ago, Stanley Druckenmiller, an American billionaire, spoke on CNBC about his views on Bitcoin:
that it “could be an asset class that has a lot of attraction as a store of value to both millennials and the new West Coast money.”

In recent years, investing in Bitcoin has been seen as a possible way to diversify one’s investment portfolio.
As a result of COVID-19 and what’s happened to the stock markets, an intriguing question has been brought up:
is investing in Bitcoin as good as investing as gold?

Read our blog post here: Is Bitcoin the “gold” of crypto investment? (https://bit.ly/38X737C)

Bitcoin vs Gold, what is a better investment in your opinion?

Thanks,
Karl
Bitcasino.io

Bitcoin is advantageous in a world where technology is king and innovations are happening left and right. The technological edge of bitcoin over gold as an asset is of benefit right now. Gold on the other hand will be advantageous in the times where a total collapse happen like the Great Depression or SHTF situation which means that electric grids are down and electronic commodities will mean nothing, gold will retain its value. I agree that bitcoin wins as an investment but if the situation were to be flipped sure as hell that priorities will change. Another advantage of bitcoin is its space and storage, gold needs to occupy some space and can be susceptible to unfavorable elements like thiefs, burglars or housefires.

I know of this. Many do this either by trading or hodling to make additional money from their buying point. Well, it depends on how you see it.


But I think we are through with the discussion of bitcoin being gold or not.

Which is a better investment? To my way of thinking, neither the former nor the latter can be considered better than the other. Each investor has his own strategy, each one pursues different ends. Gold is a well-established store of value, while bitcoin is an emerging store of value. If you are a conservative investor whose goal is to preserve their wealth and mitigate the turmoil of their portfolios, then gold is your asset of choice. If you are an active investor who understands the risks that the cryptocurrency market is full of, then you definitely should try investing in bitcoin. As an emerging store of value, bitcoin is very volatile, and therefore investors should prepare for significant fluctuations in its price.

Why not have them both? bitcoin and gold can con-exist with each other and therefore it is not necessary to make comparison which one is exceptional in terms of investment. bitcoin being considered as in investment started only when its price reaches above $20, 000 which entice a lot of people or investors to view it as speculative asset grants them pretty good profits when in fact it is originally created as a "currency".

Both of assets have their own pros and cons anyways, it just depends on the risk appetite of people who are going to invest in them.

Precisely having gold and bitcoin at the same time as an investment were such a good thing to do. If i have an opportunity to avail both then i'll definitely wanted them but since i have a limited amount for my investment that's why choosing bitcoin as an investment for now well much better. Bitcoin today has become more good as an investment which provide a good investment portfolio and despite of pandemic crisis it still even getting more investors.

It is best to have both of them. This is a bitcoin forum and most of us will say that bitcoin is a better investment than the other. No need to carry a heavy bar for your investment or keep it on a big vault. Investing in bitcoin is easy, no need for a huge vault to keep your assets.
A hardware wallet is enough to store even billions worth of bitcoin. But to focus on investing, I'll have more bitcoin or at least go with bitcoin all in and fine having no gold at all.

Bitcoin is already being considered the gold of crypto market. It is the gold standard which is trusted and know by all. Almost all of crypto are in one way or other compared to bitcoin. It may fall behind in some tech and some perks but it would always remain as the cryptocoin.
As of better investment, bitcoin surely has more potential than gold as it's limited and smaller in supply while supply of gold is ever rising.

Having a diversified investment plan is always good than investing over a specific asset. Gold and bitcoin differ completely in terms of growth, but both are value assets that provide promised profit. Gold has got high liquidity, and the same helps people use it as a collateral. As of now bitcoin hasn't reached the level of using it as collateral. Based on this, I prefer both gold and bitcoin. Gold for security and bitcoin for profiting.

As I don't buy gold too often, I consider bitcoin is the "gold" of crypto investment. But I still prefer to have both bitcoin and gold together. Although I don't have many bitcoin and many golds, both bitcoin and gold are the best investment. If I can make a lot of money from bitcoin within the next bull run, I will try to buy more gold, whether for a small amount or medium amount, because I am sure that having bitcoin and gold can give me more chances to make money.

But I won't say that bitcoin is better than gold because bitcoin and gold are different, and we can not compare between bitcoin and gold. It is better to have bitcoin and gold for our own good. But I am sure that people will have their choice, whether to choose bitcoin or gold.

From an objective point of view Gold has proven its reliability for ages, humanity using it to preserve wealth for  thousands of years. However we are now at a point in time when we make the transition to a new Era - the Digital Era.

Bitcoin is already over 10 years so it has a proven track record as well, but it can't be compared to Gold's.

Gold on the other hand suffers at the portability test, transaction costs and it does not have a fixed, limited supply. Who knows if we are going to find and mine Gold on asteroids in the near future?

If I had $10000 to invest in either of these two I would surely choose Bitcoin. It's just the better bet for the times we live in.

Definitely to me it's more than a gold, BTC is a precious gem gifted by Satoshi 8). To me BTC is a better investment for short-term gain but also you have the potential to lose huge money where as in gold it is stable investment which is almost a guaranteed return on your investment in long-term. I know risk is equal to reward but it doesn't make sense to use it in routine basis and it may become greedy. Everyone have their own opinion on this when compared to this to asset the best is to select on their own.

both are good investment but I prefer on bitcoin over gold though we know gold is a tangible thing that could also be profitable holding gold over a period of time and I do not know why they assess the value of gold like that it keeps growing. However, if compared to bitcoin then gold is not really that profitable the problem is that bitcoin is more vatile and if you are new to bitcoin then high chancea yoi could lose money after gets emotional especially if bitcoin market fall down.

We can't say for sure that investing in one of those is better than another.
Because gold is a safe-haven asset against inflation with less risk while investing in bitcoin could be very profitable if someone buys at low and sells at high, and vice versa for people who buy bitcoin at the ath then the price crash gradually decline. Nonetheless, investing in bitcoin for a certain time very likely to gain more profit than invest in gold.

Bitcoin vs Gold is a topic that has been discussed for a long-time.

People have different preferences because of the fact that not all are crypto-oriented and vice-versa. Crypto is way more reachable by average investors as acquiring it can be done easily without a hassle process. If they found where they are comfortable with, then decide for themselves what to choose.

It's clear that bitcoin is the king of crypto so up to people if they will consider it as "gold of crypto investment".

As far as crypto investments are concerned, Bitcoin is definitely the gold. But if we are to consider all the rest of the investment options including gold, I would not say Bitcoin rules them all. Bitcoin is one among many precious assets but I would not say it is better than gold in all aspects.

Investment portfolio diversified is always the best way to go and that means an investment portfolio should always include gold in it. Gold is proven with a very strong track record. I don't think a wise portfolio will not include it.

Bitcoin is probably not "gold". But you can call USDT "gold", you understand why. But to be serious, there are some common features.

The world is becoming ever more reliant on the internet.
So it’s no surprise that Bitcoin, a secure, global, and digital currency has claimed the interest of investors.
Bitcoin is borderless and global

Let’s look to gold as an example currency. There is a limited amount of gold on earth.

As new gold is mined, there is always less and less gold left and it becomes harder and more expensive to find and mine.

The same is true with Bitcoin.
There will only be 21 million Bitcoins, and as time goes on, they become harder and harder to mine.
So if you are still looking for digital Gold don't look any where else it's BTC the KING 👑

? ? ?

So USDT, an asset that's pegged to the USD, which decreases a significant percentage in value annually due to inflation, and is actually decreasing a lot more recently due to quantitative easing, for some reason is comparable to gold for you? I don't even see a single similarity in terms of their characteristics at all.

For the one millionth billionth time, Bitcoin and Gold are NOT the same thing.  Asking the question "is investing in Bitcoin as good as investing as gold?" is completely misguided. 

Gold is a precious metal, it is used as jewelry, inside electronics etc.  Bitcoin is a cryptocurrency, an electronic means of payment.  Yes they both share the properties of being a financial asset and a store of value, but are very different things.  Gold is a much better store of value /hedge and shouldn't be compared.  The answer to the question whether you should own bitcoin or gold is simple...own both.

Indeed, this has been being asked many times. Which one is better, which one is more profitable, 2
which is less risky or more risky and the likes.
Every investment has risk and it is a matter of choosing your own poison.
Invest on Gold if you would like to but since its market value is less volatile compared to Bitcoin, profit won't be that big if you are into long term holding, but is ofcourse involving lower risk.

Invest to Bitcoin if you know how to make use of its volatile market price; higher risk but profit is more obvious with this to either long term or short term holding. As for the title, it may and it may not be. Bitcoin is considered to be the "top" crypto but it depends on how you will view things, on investment simply because the profit you will earn from Bitcoin will also be earned to other cryptos but in different "manners" of investment strategies.

I think it is not necessary to use many words to say the obvious, this image:

https://i.imgur.com/iJ6kTy9.png

shows how hundreds of people can make a lot of profit with bitcoin, and in gold the person will not get that profit in such a short time. of course bitcoin has high risk, but if we are talking about investments, then bitcoin is the winner

It is obvious that bitcoin is in fact the gold of the market of cryptocurrencies, however what is a better investment option depends entirely on your needs and wants, for example for someone that is very comfortable with the amount of money that he has and that is worried about keeping his wealth and not as much in increasing his wealth then gold is by far the better option, but if you care more about increasing your capital during the next years or even the next decade then bitcoin is by far the best option.

If Bitcoin is gold of crypto, than shitcoins, which are like 99% of all coins, are "fool's gold". But I don't like comparing Bitcoin to gold in this situation, because it underplays how far ahead Bitcoin is compared to other coins. With metals, they are all useful in their own ways and have unique properties, but altcoins are just copies of each other, and they don't present anything useful, they don't even have users, they're just used for speculation and nothing more.

That is right.
People who know crypto for a long time ago will say that crypto is the best investment, and crypto can be equal to gold in reality.
But people who don't know about crypto will say that crypto will scam you soon, and you will not have a chance to get your initial money.
People who know crypto will invite people out there to join with them, and even that people don't want to join, they will not force it because they know that it needs an understanding and acceptance from them to use crypto as an investment.
But people can deny saying bitcoin as gold in the crypto investment, which will be up to them.
I can admit that crypto, especially bitcoin, is gold in the crypto world, but we can not force people to say the same.

It depends on your goal. Do you want to store your money or do you want to generate passive income (profit) from your money?
Gold is good if you want to keep the value of your money as it's very stable, but if you want to earn profit you should go for bitcoin. In my opinion gold and bitcoin are different kinds of investment and can't be treated as the same or similar, especially because the risks and returns each kind of investment offer are very different and a smart investor must be aware about them before applying his money.

it is unstable but not like cryptocurrency, and it has a well-established perhaps permanent place in world trade. People think that gold is more valuable than crypto investment practical use. You can make jewelry, furnishings and ornaments with gold the problem is that gold costs more to buy, sell, store than cryptocurrency. crypto investment is risky to transport and most of its value comes from hoardings. Also, if you are not connected to the right person crypto investment is very difficult to leave. I deal with gold crypto investment horrible You can buy gold and save yourself the hassle but you have to pay the operating fee and not get ownership of your gold, you can only guess about its price.

You could say Bitcoin is a better investment than gold, forever. I realize that the risk will remain in every investment strategy, while the purpose of investing is to get high profits with our best strategy.

Bitcoin has a high risk, high gain type. If you have a good strategy to be able to avoid or at least minimize the risk of loss, then you can easily succeed with Bitcoin.
As for gold, they will only keep your money from inflation, and that's not as extreme as bitcoin can do.

Both are better investments than leaving your money lying around in government banks. Bitcoin is the best investment around though, just look at the growth in price since 2009 when the very first block was mined.
Buy some bitcoin, it’s the best & most price appreciative asset over time that exists.

Gold will still be more reialble when it comes to investment simply because its market value is less volatile compared to the market price of Bitcoin. But due to the nature of volatility, an investor could get multiple times of a bigger profit IF the investment will be taken good care by the investor including the right actions to do in line with its market price movement. Bitcoin could be the modern face of investments due to its popularity. But the problem still has something to do with its price. But investing into it on the other hand is just an option to other investments so I think, doing so will not be a bad thing.

And unfortunately that is what most people do, since they do not know how the economy works they leave their money in a bank account sleeping doing nothing with it and that is a huge mistake, any amount of money that has been saved over the years needs to be invested in something otherwise there is no point in saving it since it will be a better option to just spent whatever money that you have because you're going to get more out of it now than whatever you will get in the future thanks to inflation.

I think both of them are good to prefer. Bitcoin could be a good choice lately because of its being on a very good rally. But we don't know when this rally will end. Gold is also a very good choice instead of investing in fiat money. Because for example; when an economic crisis happens, gold and Bitcoin could be more valuable than fiat.

I don't think gold is an investment. IMO, gold is only good for storing value.
if you considered bitcoin as a crypto-investment's gold, it might be relatable when you look at the popularity.
but when you look at the volatility, stablecoin is the gold, because it can store the value of your money in form of digital assets with low volatility.
CMIIW.

as other members said, it can't be compared in terms of investment.
IMO, bitcoin regularly compared to gold just to make make an analogy to help people understand bitcoin in a nutshell.

Factors are;
Assurance
*If you are talking about risk and long-term investment, I have to choose gold as the price will never dump or at less volatile.

Profit
*Even though Bitcoin is totally at risk but I saw this thing profitable and I take such consideration to choose it over Gold.

But I think also that having them both in a long-term goal as an investment is the best idea to take. We need to smart and think for the future not just of today or just for tomorrow and have to take the opportunity that will last longer, not just for a short while.

When it comes to assurance, I also go with Gold because it is a safe haven asset after all where you can protect your money by just investing in that kind of assets. But the only problem that I seeing with gold is its value that is too slow to increase, I do not have enough patience just to wait for me to have huge profit. The volatility of the bitcoin is what I like where I can make profit in just short period of time but I make sure that I have prior planning before I make a investment on it. I do not considered bitcoin as the gold of crypto because their qualities are not the same and if I will choose between Gold or bitcoin, of course I will choose bitcoin rather than Gold.

I would say Bitcoin is the "Gold" equivalent in Crypto currency investments, with a much higher risk in your portfolio. When you have an investment portfolio, you always have to include some investments with a higher risk ...but also a high profit potential. (The high price volatility, allow for some good profit opportunities)

Bitcoin is also a long-term investment option ...not a typical "Get-Rich-quick" scheme. It is also not as boring as most other precious metal investments ...so you are in for a wild ride, when you are invested in Bitcoin as a Commodity.  ;)

Yes, both Gold and Bitcoin are an asset. Both do good but if we really compare and what could be more valuable gold vs. bitcoin then my answer is bitcoin. Gold is a good investment and also mean a good profit in holding it over a period of time. Bitcoin is new and a way better than gold because of its utilization. It could be far better than any other digital or any kind of currency. Well, bitcoin demand is always good and the evidence is the crypto market now that are good.

gold as  safe haven ? wait im confused now because someone said that bitcoin is a safe haven too but i guess its a matter of personal choice .
bitcoin maybe volatile but as you guys can see its value now is higher than gold  , that is an assurance of bitcoin that it can recover and can provide someone a profit . gold fans can join btc and btc fans can join gold  .
gold fans can trade some of thier gold for btc to be able to profit and btc fans can trade thier btc to gold when they are in profit instead of trading to stable coins so that their money is safe .

Predicting the future cost of the BTC is very difficult friend, this is very volatile, now it can be in 7k and tomorrow in 12k, as well as lowering to 4k in a few hours, although having a high price of the BTC is good to sell, you must also take advantage of buying when the price is low.

Bitcoin is performing well in the recent scenario but we can't exclude the importance of Gold from a Balanced portfolio. The biggest merit of holding gold as an investment is when whole world is on a fire (any major pandemic), only gold act as the savior for value of money.
The another merit of gold is, It is in physical form So the psychological factor in the minds of investors of easy selling even in there local market gives an edge over bitcoin.
Plus Physical gold in hand can't be hacked or cracked by using any keys unlike in Bitcoin     

Bitcoin was already the gold of crypto investment and all others investment right from the time it was created which is the reason why the government sees it as a threat but the covid 19 situation shows it to the world that Bitcoin was indeed the perfect alternative we need and this is what the US SEC Chairman (Jay Clayton) understood about Bitcoin when he said "What we are seeing is that our current payment mechanisms, domestically and internationally, have inefficiencies, those inefficiencies are the things that are driving the rise of Bitcoin".

Some companies are already switching from gold to Bitcoin, and I think it's pretty accurate to say that gold is a dead asset. I believe gold is still good if the primary objective is to save what one already has. But if the goal is to make profit, then Bitcoin is a better investment. It's more risky, but also way more rewarding. That being said, I read just yesterday about some investment company that moved from gold to BTC, and the news was on the day Bitcoin cost $19k. I think buying when the price is so high it's not wise to start investing. It's better to wait and see where this is going because Bitcoin might go down to $15k or $10k in the near future. If the objective is to invest long-term (waiting for 5 years for profit, for instance), then it's fine to buy now, but if we're talking about some result in months or one year, it's too risky right now.

Rather than considering as the "gold" of crypto investment, Bitcoin should be considered as the original cryptocurrency. It was the original asset invented by Satoshi Nakamoto in 2008. All the other cryptocurrencies such as Ethereum and Litecoin have plagiarized at least a part of the idea from Bitcoin. Some of them may be more technologically advanced, but the basic idea came from Bitcoin.

A rapid fluctuation in Bitcoin makes it unstable for investment unlike gold which rate do not fluctuate drastically. Since it is not a trade business but an investment which is expected to yield profit after a long while, I would go for gold...
The profit might be minimal but you sure would make profit unlike btc.

You are not wrong however who has the money to invest in both at the same time? Most of the members of the forum do not have a lot of money and they need to pick one or the other and when we take into account their performance during the last years then it is completely obvious that bitcoin is the best choice for those looking to make profits, so while gold is not a bad choice most people will select bitcoin simply for the superior benefits they will get out of it.

Digital gold and Digital oil are not really useful, what`s next digital food?

I think Bitcoin is a very good option as gold. There are differences like very high volatility. But both of them can be very profitable in the long run. Also in an economic crisis, I think both of them will be very valuable because fiat will devaluate.

When you say gold, what do you mean? The physical heavy gold? I'm asking because there are coins that are created to have a pegged price with gold. Secondly, bitcoin is what I may choose but then, gold has a lower act of volatility which makes it safer.

Yes, bitcoin is truly the gold of crypto investment. Though we've got lots and lots of cryptocurrencies in the market, bitcoin stands strong and high in the market same as gold stands against silver and other valuable metals. There are lots of cryptocurrencies that grow high in the market, but bitcoin is the one that is being trusted. Based on all these facts bitcoin is the gold of crypto investment.

It is obvious that is exactly what he means, fiat currencies at the beginning of their lives began as currencies that were backed by gold and then little by little governments all over the world began to leave behind that standard until literally currencies had value only because governments say that they do, and even to this day many of those investments that are supposedly backed by gold are not and are really only a way to speculate with it, so whenever you read conversations about bitcoin versus gold they are always talking about the metal.

If Bitcoin is the gold of crypto then what can be described as silver? Long ago LTC was the silver to bitcoin's gold, it even used a silver logo to promote this difference but now when it got mostly abandoned I don't feel like it's relevant.

As an alternative to gold bitcoin is great because you can't sell gold fast and it's difficult to move it to another country. Bitcoin is just faster and safer.

If that is likened to how worthy Bitcoin is, it could be that BTC is worth it as well as gold. However, this is actually a different matter. Starting from the availability, value, and acceptance. This includes volatility and liquidity. Bitcoin is sometimes considered as the gold of currency. But, this is still confusing and still debatable. We may be thinking of the comparison of BTC and gold. But in fact, we support both to be a worthy investment, why not?

I hope you don't mean that it is on par with gold because gold is way out of bitcoin's league when it comes to price. Availability wise, bitcoin wins as it has virtually more accessible coins up there that are also easier to mine unlike gold. It also can't lose value as it does not wear out or deplete. And most of all, it has an insane price per piece ratio compared to gold's. Nonetheless, one can definitely say that bitcoin is the gold of cryptocurrency

If so, then why would one choose gold over bitcoin. Considering that it's the physical metal, there are lots of disadvantages that comes with it. The fact that it is heavy, it could attract buglers, it's not something you can easily carry around, you cannot access it except you're physically with it. But Bitcoin? It's not heavy, can attract buglers (but this can only happen if you let it out to someone), it's something you can carry easily (whether in a pen drive or your phone).

I think it is better to diversify, investment in Gold and BTC will be a good choice and we don't necessarily need to compare both, they have proven to be a safe haven and they will remain so for long if not internity.

Lol you already said that bitcoin is like the gold of cryptocurrency investment, why then do you ask which one is the best? They are both good, it depends on what you want and the level of risk you’re able to take. Investing in bitcoin carries a big risk and the price is very volatile, gold is not as much volatile as bitcoin is, so it’s kind of less risky asset to invest your money in. But they are both good in their ways.

I would choose bitcoin though because that’s what I like, I just like bitcoin , it’s different in lots of ways compared to gold, it can easily be used for transaction, which is the first thing I used it for. So, I give it to bitcoin.

IMO, we can compare Bitcoin to Gold in many ways, the first one is their scarcity, the only difference is that Bitcoin's actual volume is known and could be tracked, but Gold isn't but we know that it is scarce. Another one is that both Bitcoin and Gold have a practical purpose, for Bitcoin, it could be used for a transaction, investment, and much more undiscovered. The same with Gold, it could be traded, sold, and be formed as jewelry or a conductor for devices. Going back, the case here is about investment. Bitcoin and Gold in that case aren't the same and completely different. There is a driving factor of demand in Bitcoin such as when there's a bitcoin halving, the price could be pushed way up to higher which will direct its path in the long term as progressive, there are also seasonal changes especially the volatility of Bitcoin is sometimes unpredictable, unlike Gold which is steady. But one thing for use is that both Bitcoin and Gold could work hand in hand as we could use Gold to Back Bitcoin or vise Versa.

People call bitcoin is digital gold. Litecoin is digital silver. It can not be assessed as correct or wrong completely. It is somewhat correct in my opinion.

Although the correctness, there are missing points. Gold and silver have unknown total supplies. Bitcoin has a well known and fixed total supply. Although everyone knows the total supply of bitcoin, we can not identify how many gold or silver can be mined on the planet. Even we can identify such supplies very correct on the planet, in the future with the development of science and technologies, human can get more gold and silver from other planets.

Fortunately with bitcoin, no one can mine more than 21 millions.  8)

If people who understand the world of crypto. would be prefer to Bitcoin than gold I guess.  The value of gold is stable in contrast to volatile Bitcoin.  Gold and bitcoin managed to become one of the most profitable investment assets in the first half of this year.  But if Bitcoin can break 20k $ then it will be ready to soar even more expensive. there are advantages and disadvantages of each too.  however as long as we invest Bitcoin on the top exchanges it will be safe.  holding Bitcoin will be easier when we suddenly need money especially during a pandemic like this.

It's not a bad idea to have both if you have the money but it's usually people who have very little and still want to invest who have this dilemma. What do do when you have 1k USD to invest? Buy 500 in Bitcoin and 500 in gold? It sounds like a huge hassle, especially when having 500 USD you probably have to buy gold shares instead of the real thing and Bitcoin is Bitcoin (unless you want to use a trading desk or PayPal).

In this case, let's try to comparing crypto to crypto, not crypto to real gold or other assets. Imo, yes bitcoin is gold of crypto investment rather than other altcoin. Let's make analogy that Eth is paladium, Litecoin is silver, etc

Crypto is diffrent with gold, so i avoid to compare gold and crypto directly. But what if i have 10K USD? what should i choose? So i will choose
1. Land investment 40%
2. Gold investment 25%
3. Stock investment 15%
4. BTC investment 10%
5. Brain investment 10%

I dig your allocation, but personally I would place more weight on Bitcoin with $10k. I'm wondering how do you want to invest $4000 in land - using a REIT or something like that? Are there lands you can buy with only $4000? In my country you only get prices like that in the countryside which I don't think is a very smart investment unless you do agriculture.

Bitcoin is already a better store of value than gold. It has outperformed gold. I think people are shorting gold for bitcoin. Although more volatile but much more profitable than gold even in the shortest possible time. I go for bitcoin and less of gold. This generation will buy into bitcoin than gold.

Yes, it is true in some regards. But it isn't as stable as gold and I think we will have to wait a long time before we can see it happening.

While Gold is truly uch stable compared to bitcoin but the thing is Bitcoin generates more capacity of growing in terms of value than gold.
and the more you wait for Bitcoin is the more chances of Making your Investment higher the value not like Gold that the value growth is too much lower than Bitcoin.

So talking about crypto Gold i guess that Bitcoin is the most appropriate one to be crowned that Other altcoins.

And Gold in Physical is different from Gold in Crypto.

I would say both are better investment options, because in the crypto space Bitcoin is seen as the digital gold, highly regarded and valued, while in the world out there, Gold is very precious, therefore yes, I can call or consider Bitcoin as the gold of crypto investment.
Also, asking about Bitcoin Vs Gold, first I would say both are not waging war with each other, that is, both of them are good in their own ways, both of them can co-exist and also both are good investment choices thus anyone can choose whichever that works best for him, because my preferences might be different from that of another. Nevertheless, I think it also makes sense to have both if possible. Lastly, investing in Bitcoin is a different thing from investing in Gold, because where one is a physical asset the other is a digital asset, thus both have different things guiding them.

In my opinion, investing in bitcoin is better than investing in gold. Because Bitcoin is a smarter currency, stronger and faster-moving up than gold. People also already know that bitcoin has many advantages and also has easy liquidity. Bitcoin is even more liquid than physical gold. If at any time we need emergency money, it is easier to buy and sell

For my personal point of view, Bitcoin is another opportunity to invest beside Gold investment.
Gold investment is for stable passive asset.
Bitcoin investment is a dynamic investment which higher risk than Gold.
In Bitcoin you could possibly win profit instantly once increase its value. However, it is also very possible to send us to bankruptcy once dump happen.
So Bitcoin is considered as gold investment in crypto once the investors hit profit.

The difference between the is that how long can you wait for its price to go high in the market?

Gold is really for a long term investment and is also a safe haven. As you invest on it and wait for its price to go up as the time goes by, its price will really become much larger as it also a limited resource.

While in bitcoin, it is for a short term investment and you need to know how to deal with it in the market due to its volatility. It needs skill, patience, and good decision making in order for you to make bitcoin profitable than gold. You can invest on both but you need to prioritize bitcoin as your main asset because it can give much larger profit depending on the market situation.

Is this Billionaire is already a Bitcoin investor?if does then the statement is one sided ,But if not then maybe attraction will come to Bitcoin again because of statement like this that will boost each crypto investors and believers.


Bitcoin Vs Gold is forever be a debate from both Physical investor and crypto,But in the end it will always be different approach and Belief.

while Gold is safer yet Bitcoin is much productive and irresistible .

Litecoin was called the silver in the cryptocurrency market for a long time but it never lived up to the name and hence we need to find something other name and the only name that comes to my mind is the experimentation coin with all the upgrades tested with litecoin before implementing in bitcoin  :D. In the end the Palladium or silver might change course but bitcoin remains the king in the cryptocurrency space.

Well, that is up to you, IMO. Because for me, I see Bitcoin more than that.

Bitcoin has a gaining market potential more than Bitcoin. Though we saw a high risk in this, people are still accumulating this for they know that this gonna have a huge return from risking to it.

And we can't deny that the main reason why we are here and why we are investing in Bitcoin is because of its potential, we can make huge money from this more than gold can do.

Probably the biggest point that gold has over bitcoin is its history, bitcoin has only existed for 10 years which is nothing in terms of history but gold has been used as a currency and as a store of value for thousands of years and it has been able to maintain its value regardless of the circumstances in which the world was in, this is a very strong point in favour of gold and even if I think that bitcoin could become a store of value as well that is still not proven and as such some people will prefer gold over bitcoin.

Do you think people really use gold as a currency in this century? That thing is now for ornamental purposes. It's for the creation of jewelries today. Who will collect gold as a means of payment knowing that it could be stressful to find a buyer. Well, everyone has a choice. If people choose gold over Bitcoin then that's fine. But for me, I don't see why, except the fact that gold is not as volatile as Bitcoin

You do have a valid point there. The growth percentage of BTC is too high compared to gold.

I think that it makes no sense to get out between gold and bitcoin, since both assets are profitable for investment, but the areas of investment are different, for example, bitcoin is a digital asset in which they invest in order to diversify the risks of their cryptocurrency portfolio, since it is such an asset that cannot fall much into price, if we talk about gold, then everything is clear here gold is supported by the dollar rate and in the end I will tell you I would test in both assets

You have a good choice. But I wonder if bitcoin can be at number 3 or you only have 4 lists from that list. So bitcoin will have 25%, which will better than investing in the stock.

Crypto is not gold, and gold is not crypto. But both crypto and gold are the best investments that I know right now, and gold has already become a safe haven for many people, while many don't know about bitcoin. But bitcoin can be gold in the crypto investment, which we can have from the crypto.

The cryptocurrency ranks first in bitcoins. Bitcoin is the most traded and its position is very strong. Bitcoin is currently running like an unbridled horse.But for me, I don't see why, except the fact that gold is not as volatile as Bitcoin

No, and no country will use gold even in their single coin that will going to be circulated as a main currency inside their country. But we are talking about considering bitcoin as a "gold" of cryptocurrency well i would be proud to say yes it is, bitcoin was a "gold" of cryptocurrency because cryptocurrency wouldn't be known if its not by bitcoin. I guess bitcoin was a an ice cream in top of a cone. And everyone knows what was the impact of bitcoin today in the midst of pandemic.

Oh! I seem to see this topic from a different view now. Actually, I wouldn't say that Bitcoin is the gold of crypto investments. I mean, there are projects out there that happens to give more returns that Bitcoin can presently give. But I'm saying this if you're looking at it from a profiting perspective. However, if we're talking about gold to mean value, then Bitcoin can be considered as a gold in crypto (based on it's present and future importance).