Bitcoin outperforming Gold

[xiboothrezi]

Don't forget silver.

The gold/silver ratio suggests that there may be an inverse correlation between BTC/Gold, as silver seems to have held up better the last couple of months:

https://www.bullionbypost.co.uk/price-ratio/gold/silver/threemonth/

that is why splitting your investment across multiple products is better. can reduce the risk of large losses if one investment product has decreased. and can increase profit opportunities if there is good news that makes prices rise.
in my opinion, gold investment is very suitable for long-term investment, the risk is small and the price tends to go up. it only takes a simple market analysis to determine the right time to buy.
gold, silver, and bitcoin are both potential, understand the risks and market analysis strategies, thereby taking advantage of opportunities to get profit.

[tabas]

I think bitcoin outperforms gold in terms of digital investment and trading, and also bitcoin is a hassle-free asset.

Of course bitcoin is a digital asset and not tangible. It has beaten up gold in terms of it. And in having many features, bitcoin truly outperformed gold.
Being an asset class, payment method and tradable in other cryptos.

[pixie85]

Bitcoin cost is unstable, and this is opportunity for buyer and seller. It is not sure that BTC price will be steady, But In my opinion that bitcoin outperforms gold in cost, but not in its stability. If you look for long term spare of your resource, without the hazard of it diminished in esteem, at that point go for gold. But in case you're a risk-taker, and looks for a long term venture, and get in the Bitcoin because the future of Bitcoin is bright.

But what type of gold. Gold's problem these days is that as an investment it's in the form of market shares. If you want to invest in gold as easy as you can invest in bitcoin you have to buy it on the market but in such case you don't really own gold. You own a gold equivalent. A promise that your share is backed by real gold somewhere and that someone will buy that share for fiat when you need it.

This makes bitcoin so much better because you really own it.

[Rengga Jati]

Some people consider that Bitcoin may outperform Gold because of the Bitcoin condition right now, that is the era of Bitcoin Bullrun so that Bitcoin is noticed a very high and significant increase. However, if the Bitcoin price is as low as it was before the Bullrun, can it still be said to outperform Gold?
Or, this is only said to outperform gold when the price is in the bullish market?

[tinopener]

Bitcoin cost is unstable, and this is opportunity for buyer and seller. It is not sure that BTC price will be steady, But In my opinion that bitcoin outperforms gold in cost, but not in its stability. If you look for long term spare of your resource, without the hazard of it diminished in esteem, at that point go for gold. But in case you're a risk-taker, and looks for a long term venture, and get in the Bitcoin because the future of Bitcoin is bright.

But what type of gold. Gold's problem these days is that as an investment it's in the form of market shares. If you want to invest in gold as easy as you can invest in bitcoin you have to buy it on the market but in such case you don't really own gold. You own a gold equivalent. A promise that your share is backed by real gold somewhere and that someone will buy that share for fiat when you need it.

This makes bitcoin so much better because you really own it.

Why not just buy real gold then in the form of coins, bars, nuggets or jewelry?

As a halfway house, you can also pay custodians to look after your physical gold, or keep it in a bank deposit box...

Although a percentage of gold fans do indeed keep it under their bed ready to barter after the Zombie Apocalypse 

[rokon1234]

Of course we can agree now because bitcoin is now more expensive than gold,also more profit is going to be made through bitcoin which is not possible to buy and sell gold.But,bitcoin is riskier than gold because bitcoin is not stable.However, the future of bitcoin is very bright.

[torrantz]

bitcoin and gold can not be compared, both are equally good, but gold is stable, not easy to change in a certain period of time, but bitcoin can change in price unexpectedly, bitcoin investment is a big risk and the profit is also large. Gold investment is not risky you need to save in long term and you will make a profit.

Bitcoin is high risk investment indeed but the chart always show its value going up although there's some bearish market while at the process of reaching this price point. Maybe gold is stable but if the performance is not good enough for investment then people might switch to other means of investment.
The problem about gold is how slow the growth of value if compared to another investment instrument but then again it perform good enough to atleast not make our money got eaten by the inflation.

[Walterhank]

As I have stated earlier, Bitcoin is best when it comes to investment for shorter terms but not for the longer terms. In that regard, gold will still take the position.

[pixie85]

Bitcoin cost is unstable, and this is opportunity for buyer and seller. It is not sure that BTC price will be steady, But In my opinion that bitcoin outperforms gold in cost, but not in its stability. If you look for long term spare of your resource, without the hazard of it diminished in esteem, at that point go for gold. But in case you're a risk-taker, and looks for a long term venture, and get in the Bitcoin because the future of Bitcoin is bright.

But what type of gold. Gold's problem these days is that as an investment it's in the form of market shares. If you want to invest in gold as easy as you can invest in bitcoin you have to buy it on the market but in such case you don't really own gold. You own a gold equivalent. A promise that your share is backed by real gold somewhere and that someone will buy that share for fiat when you need it.

This makes bitcoin so much better because you really own it.

Why not just buy real gold then in the form of coins, bars, nuggets or jewelry?

As a halfway house, you can also pay custodians to look after your physical gold, or keep it in a bank deposit box...

Although a percentage of gold fans do indeed keep it under their bed ready to barter after the Zombie Apocalypse 

Because processed gold is much more expensive than bars or shares and much harder to price.

When you buy a gold ring, how do you know what its real price is. The price tag has nothing to do with real value because the value of gold is much different than the value of a product made of gold. One jeweler will give you 100 USD for it and another will offer 120 and the real value of pure gold used to make it is $80.

[skarais]

Bitcoin is superior to gold, of course that's true because that's a fact. In terms of price, bitcoin is far superior to gold, but bitcoin is still far behind in term of acceptance as a means of payment. These two assets have a price that fluctuate but the risk may be much different. Gold is superior in terms of acceptance in society because it has been around for thousand of years and is used by all group. If I had to choose, then I think both would be suitable for investment asset.

[tinopener]

Bitcoin cost is unstable, and this is opportunity for buyer and seller. It is not sure that BTC price will be steady, But In my opinion that bitcoin outperforms gold in cost, but not in its stability. If you look for long term spare of your resource, without the hazard of it diminished in esteem, at that point go for gold. But in case you're a risk-taker, and looks for a long term venture, and get in the Bitcoin because the future of Bitcoin is bright.

But what type of gold. Gold's problem these days is that as an investment it's in the form of market shares. If you want to invest in gold as easy as you can invest in bitcoin you have to buy it on the market but in such case you don't really own gold. You own a gold equivalent. A promise that your share is backed by real gold somewhere and that someone will buy that share for fiat when you need it.

This makes bitcoin so much better because you really own it.

Why not just buy real gold then in the form of coins, bars, nuggets or jewelry?

As a halfway house, you can also pay custodians to look after your physical gold, or keep it in a bank deposit box...

Although a percentage of gold fans do indeed keep it under their bed ready to barter after the Zombie Apocalypse 

Because processed gold is much more expensive than bars or shares and much harder to price.

When you buy a gold ring, how do you know what its real price is. The price tag has nothing to do with real value because the value of gold is much different than the value of a product made of gold. One jeweler will give you 100 USD for it and another will offer 120 and the real value of pure gold used to make it is $80.

Funnily enough, nice looking big raw gold nuggets are worth more than the melt value.

Collectors see cosmetic value in nature.

[Wawa2013]

Until now I still think Bitcoin and Gold are the best assets for investment. But if we compare the two now it is certain that Bitcoin is better, especially
during 2020 the increase in the price of Bitcoin was extraordinary. I get a bigger profit investing in Bitcoin than Gold, so it's no wonder that many
media admit that Bitcoin outperforms Gold. Even though Bitcoin provides a bigger profit, I still invest in Gold too. Because the distribution of money
for investment is very important in my opinion. Don't invest in just one asset, therefore investing in two assets like Bitcoin and Gold is the perfect mix.

[tinopener]

Don't invest in just one asset, therefore investing in two assets like Bitcoin and Gold is the perfect mix.

That still sounds risky and not diversified to me.

I'd have the majority in shares, then a mix of bitcoin, gold, bonds and other investments. I'm buying music royalty shares at the moment (for the dividend), and sometimes think about buying vintage guitars.

Of course, if you own a property(s), you need to view that as part of your portfolio too.

[suzanne5223]

Don't invest in just one asset, therefore investing in two assets like Bitcoin and Gold is the perfect mix.

That still sounds risky and not diversified to me.

I'd have the majority in shares, then a mix of bitcoin, gold, bonds and other investments. I'm buying music royalty shares at the moment (for the dividend), and sometimes think about buying vintage guitars.

Of course, if you own a property(s), you need to view that as part of your portfolio too.

Every investment have a risky involved in it but invest in Bitcoin and Gold are the perfect investment decision and diversification this day though Gold mining investment is still better investment than Gold cause there are are limited amount Gold mining factory and Gold left to be mine

[tinopener]

Every investment have a risky involved in it but invest in Bitcoin and Gold are the perfect investment decision and diversification this day though Gold mining investment is still better investment than Gold cause there are are limited amount Gold mining factory and Gold left to be mine

It depends what your needs are. But for most people, Gold and Bitcoin is still too much of a bumpy ride. If you need funds at a specific time, you might run into trouble..

If you are speculating with spare cash, then just having Bitcoin and Gold as your only investments is probably fine.

You mention mining companies, but isn't that shares? You can also buy shares in Bitcoin miners such as Argo Blockchain which have trounced Bitcoin over the last bullrun (I missed that though.... doh!)

I have also bought blockchain ETFs as a complement to cryptocurrency.

I guess what I'm saying is, that don't close your mind to everything else around you just in order to be a Bitcoin purist. Bitcoin also has knock on effects on other assets too, so it can pay to broaden your horizon.