Can Bitcoin be considered the “gold” of crypto investment?

[BITDV]

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%

[ChrisPop]

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.

[omone1]

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.

[Walterhank]

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.

[carlisle1]

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.

[Shallow]

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?

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

Thanks,
Karl
Bitcasino.io

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.

[zeingrind777]

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

Thanks,
Karl

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

[fileo]

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.

[Latviand]

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

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.

[kotajikikox]

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.”

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, what is a better investment in your opinion?

Thanks,
Karl
Bitcasino.io

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 .

[7788bitcoin]

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

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  . In the end the Palladium or silver might change course but bitcoin remains the king in the cryptocurrency space.

[Viscore]

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.

[Silberman]

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 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).

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.

[oktana]

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).

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

[Walterhank]

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.

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

[dizzy1996]

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

[ethereumhunter]

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%

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.

[Roxadex]

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

[k@suy]

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).

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

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.

[oktana]

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).

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

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).