Bitcoin VS Gold - What is better for long term investors?

[romero121]

Considering the ongoing market situation in accordance with the growth gold and bitcoin has achieved we can conclude the best. I personally find bitcoin to be better.

A simple incident is more than enough to brief it. An user who bought bitcoin in high volume before five years could've turned a millionaire now. The same hasn't happened with gold, which means in terms of long term profiting bitcoin is best. Maybe in terms of trust, legality and liquidity gold serves to be the best.

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[plvbob0070]

This kind of conversation between gold and bitcoin has been already discussed a lot of times but for me, it actually depends on a person. If a person is afraid of taking a risk for a long term investment, then it's good for him to choose gold since its value is way more stable compared to bitcoin. Though one of the cons of gold is that it's harder to acquire, unlike in bitcoin where you can get hold of it any amount you have. As for bitcoin, since it's volatile, a person investing for the long term needs to be aware of how the market can drastically change, as well as being patient. So basically, instead of comparing which is better, investors just need to choose what kind of investment suits them, and for me, I prefer bitcoin.

[rodskee]

Considering the ongoing market situation in accordance with the growth gold and bitcoin has achieved we can conclude the best. I personally find bitcoin to be better.

Nevertheless Bitcoin is the Best , From the achievement of Lifetime value ? Bitcoin Surge from more than a thousands value comparing to Gold that has been in existence for whole of our grandies life .
so why need to choose when we already decide this years ago.

A simple incident is more than enough to brief it. An user who bought bitcoin in high volume before five years could've turned a millionaire now. The same hasn't happened with gold, which means in terms of long term profiting bitcoin is best. Maybe in terms of trust, legality and liquidity gold serves to be the best.

Well we should not talk about the amount but how it works ang how the demand will come .

[AniviaBtc]

It can both give you a profit because these two are an asset which can change its price per over time.

But bitcoin is volatile so that it is not sure if its price will increase on a certain period of time. You need a lot of analyzation, skills, and decision making in order for you to make this bitcoin investment much profitable for you in the long run. While in gold, you just need to leave it and let it increase its price and its interest is much lower compared to bitcoin that can do the impossible.

I prefer to invest on both asset so that you can have different kind of source of profits.

[kotajikikox]

It can both give you a profit because these two are an asset which can change its price per over time.

Exactly mate , why Need to choose when we can at least have Both ?

Gold is the Most stablished Investment in the world for all our Living time , and Bitcoin is the most promising and evolving investment , so Both of them are Good if we a re talking future.

But bitcoin is volatile so that it is not sure if its price will increase on a certain period of time. You need a lot of analyzation, skills, and decision making in order for you to make this bitcoin investment much profitable for you in the long run. While in gold, you just need to leave it and let it increase its price and its interest is much lower compared to bitcoin that can do the impossible.

I prefer to invest on both asset so that you can have different kind of source of profits.

This is about Long term investment mate so volatility really doesnt matter for a cerntain time unless your point of withdrawal comes to the dumping season.

[KIZILAGA]

Gold=Fungible

Gold=Private

Gold=Mined for thousand years

Grin=Fungible

Grin=Mined linear emissions

Grin=Private

Bitcoin=Not Fungible
Bitcoin=%70 mined within 2 years.Only 1.5 million coins left to mine
Bitcoin=Not Fungible.

[MCobian]

Indeed, there are many similarities between Bitcoin and GOLD, so there are many topics that compare the two. In my opinion, both are very good
for long-term investment, although there are advantages and disadvantages between GOLD and Bitcoin. But if we look at the price of Bitcoin which
has gone up very drastically, in my opinion investing in Bitcoin is indeed better than GOLD. Moreover, there are many articles that show evidence
that more and more institutions are starting to invest in Bitcoin, makes investing in Bitcoin much more profitable than investing in GOLD.

[virasog]

Indeed, there are many similarities between Bitcoin and GOLD, so there are many topics that compare the two. In my opinion, both are very good
for long-term investment, although there are advantages and disadvantages between GOLD and Bitcoin. But if we look at the price of Bitcoin which
has gone up very drastically, in my opinion investing in Bitcoin is indeed better than GOLD. Moreover, there are many articles that show evidence
that more and more institutions are starting to invest in Bitcoin, makes investing in Bitcoin much more profitable than investing in GOLD.

Many people call bitcoin a digital gold so investment in bitcoin is really good but i do not say that invest everything in bitcoin. Its better if you keep some part of your wealth in bitcoin and some in gold. Also it is not advisable to keep your wealth in fiat currencies.

[traderethereum]

I prefer to have both bitcoin and gold as an investment because I can work perfectly to help me make money.
Bitcoin as the digital investment can be a new investment for me while gold is a real life investment that many people know.
The investors will search for what they want, but for the old investors, they will prefer to use gold as their investment than to use bitcoin because they can see the physical form of gold.
The millennial people will prefer to have both bitcoin and gold because they believe that bitcoin has a bright future while gold will still exist for a long time.

[Olivia Wolff]

Hi Everyone!

I think it's time we had a serious discussion on whether or not Bitcoin is a better store of value than Gold. This topic has caused a lot of controversy over the last few years, so I would love to hear your thoughts.

Which asset do you think is a better store of value?

I wrote up some of my thoughts on whether Bitcoin or Gold is a better store of value.

However, I'm certainly open to changing my mind!

Looking forward to the conversation.

I have read a lot of articles on the topic "bitcoin vs gold". It's such a tricky topic. In one article they say that bitcoin is better, and in the other, they say that gold is better and you should buy gold. Now I read the posts of people here, what they think about this and saw exactly the same situation. It seems to me that now it's difficult to answer this question.

[ilhamsugihamin]

I think they are both storage assets, only the difference is in price. The price of bitcoin is very unstable. This is suitable for investors who want to get a lot of profit but high risk, and the price of gold is very stable, which is perfect for investors who want to get profits with low risk.

[Sithara007]

IMO, gold was one of the first assets to have a principle of controlled supply. Look at the mine production of gold now. The good quality ore, with a higher concentration of gold has almost exhausted and the remaining deposits are mostly in remote areas such as Siberia and Andes. Now most of the mine production is done with low quality ore, which increases the cost of mining. The gold prices have jumped, along with the increasing cost of production. The same has occurred with Bitcoin as well. The mining hash rate increases with every passing day, and along with it, the exchange rates are increasing.

[Alucard1]

Bitcoin and gold are both good for investment because of the volatility but if you are looking for more income for investment then I would choose to stay for investing in bitcoin because it has more volatility than gold which makes assets good for investment especially for a long term but in terms of risk then bitcoin is riskier than gold because of volatility.

[rokon1234]

Hi Everyone!

I think it's time we had a serious discussion on whether or not Bitcoin is a better store of value than Gold. This topic has caused a lot of controversy over the last few years, so I would love to hear your thoughts.

Which asset do you think is a better store of value?

I wrote up some of my thoughts on whether Bitcoin or Gold is a better store of value.

However, I'm certainly open to changing my mind!

Looking forward to the conversation.

For this time i think bitcoin is not good choice.if bitcoin down 10k usd then i think bitcoin is good for long term investment.Bitcoin also risky choice for investment but gold have not much risk.

[emmybd]

Bitcoin is a digital currency which is controlled by its users. It is a very volatile currency.
On the other hand, gold is a reserve asset. It's a precious metal. Gold is also known as a liquid asset because it can be easily converted to cold cash.
Bitcoin and gold both of them are essential assets. Both the assets play a vital role in our lives. They help us in our hard times. We can easily use them when we need them.
If we think about long-term investment, gold is better than bitcoin. Gold is a stable asset. It was first used more than 2,000 years ago. The price of gold increases over time. It's beauty and preciousness made it valuable among all of us. It's a safe asset compared to others. But if you talk about short-term investment bitcoin can be a good choice, as it is very volatile , so it is very risky too; It gives us instant profit. But here is a chance of losing money instantly too.

[Jenningss]

I myself am an active user of cryptocurrency, but I, for example, are not so sure about it in order to keep my capital in this currency for a long time. These are mainly short-term investments.

[Asusnumbaone]

Hi Everyone!

I think it's time we had a serious discussion on whether or not Bitcoin is a better store of value than Gold. This topic has caused a lot of controversy over the last few years, so I would love to hear your thoughts.

Which asset do you think is a better store of value?

I wrote up some of my thoughts on whether Bitcoin or Gold is a better store of value.

However, I'm certainly open to changing my mind!

Looking forward to the conversation.

Bitcoin and gold is a good to invest because of its price but there's an difference on them. First bitcoin it is an cryptocurrency currency that used on the digital world and its has high price but the security of its are not solid. The gold are the most popular investment on America but the price of it is lower than Bitcoin.

[faulkner27]

Bitcoin was the best performing asset class of 2020 as the chart below shows. Gold and equities were crushed in comparison. Bitcoin's strong performance has not escaped the notice of Wall Street analysts, investors and companies. Bitcoin is a better investment for short-term potential gain—but you also have the potential to lose a lot of money. Gold, however, is a stable investment that is almost guaranteed to return on your investment in the long term.

[$crypto$]

I found this article about bitcoin that will replace gold in the future and this is indeed a statement from the central bank of Singapore so what do you think about whether bitcoin will be a more valuable and stable asset in the long run?

For me personally, bitcoin is currently trending because of its increase, so this could be a reference in the future that a proper investment is bitcoin, but of course everyone has different opinions so I think bitcoin can replace gold in the future.

[markleal]

Hi there crabby, if you are thinking that forum members will answer you for GOLD then, you are in asking in the wrong place.
Most or maybe all of the members will answer you that gold is better for the long term. You can even see the chart and compare bitcoin price and gold price side by side and you will be amazed that bitcoin return a way higher than the gold.