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Author Topic: Bitcoin or Gold?  (Read 1239 times)
akm3535
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May 01, 2021, 11:31:41 PM
 #101

No matter how popular bitcoin has become, it will be very difficult to replace gold. Gold is the most trusted investment tool for many people. a very strong competitor of gold bitcoin. but bitcoin is as valuable as gold. The difference between them is for some reason gold has always been viewed as a guaranteed investment tool. bitcoin, on the other hand, has not yet gained as much trust as gold.

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May 02, 2021, 04:11:16 AM
 #102

I would have to say Bitcoin although I do have a little gold and am done investing anymore into Bitcoin but will continue to invest more into eth, trx and but probably not buy anymore of any crypto.  I'm sure I have enough of it all anyway.
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May 02, 2021, 04:47:15 AM
 #103



This makes me wonder, which of the aforementioned assets are better as a long term store of value? Is it Bitcoin, Gold, or both? Why do you think such asset is better? Do you think at some point in the future Bitcoin will replace Gold? Or will Gold eventually adapt itself to the digital era (tokenization of Gold)? Your input will be greatly appreciated. Thank you very much Smiley

Bitcoin lately is very popular, bitcoin is also starting to enter many institutions, but speaking of comparisons between gold and bitcoin, I will stick to gold, Gold is really the work of nature that we can not make even the new type, Bitcoin is limited but has hundreds of rivals very much in coinmarketcap. Therefore I think bitcoin is medium term and gold is very long term.
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May 02, 2021, 02:52:12 PM
 #104

Gold is a more reliable and demanded asset in the industry. I dn't think that one day the holders of cryptocurrencies can lose everything,because the total capitalization of bitcoin has already reached more than a trillion dollars.  As long as bitcoin is in demand in dollars, it will be a good asset for others now.
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May 02, 2021, 03:11:47 PM
 #105

Gold is a more reliable and demanded asset in the industry. I dn't think that one day the holders of cryptocurrencies can lose everything,because the total capitalization of bitcoin has already reached more than a trillion dollars.  As long as bitcoin is in demand in dollars, it will be a good asset for others now.
most ordinary people still prefer to invest in gold, because they don't know that bitcoin is actually an investment that can increase many times over. However, people still don't know that.

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May 02, 2021, 03:26:00 PM
 #106

From my opinion, Bitcoin.
If we look at the previous history, we can see that people have gained a lot from BTC. It is more than gold. The world is becoming more modern day by day.  We can expect more uses of cryptocurrency especially for BTC.
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May 02, 2021, 04:10:57 PM
 #107

Bitcoin and Gold are assets that everyone would love to have. similar but not the same. bitcoin in cyberspace and gold in the real world. what distinguishes it is only the category of users, in general, Gold is owned by everyone in this world in different amounts. whereas Bitcoin is only owned by people who are in the crypto world.
if possible I want to have both as assets for the future  Grin

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May 02, 2021, 05:50:24 PM
 #108

Bitcoin has often been proclaimed to be "digital Gold" since it shares many similarities to the precious metal we know and love today. Yet, not everyone find Bitcoin to be quite an attractive store of value. Despite Bitcoin and Blockchain tech's success, Gold is still used as a sort of "hedge" against inflation. Up to this point, Gold's market cap is much bigger than Bitcoin's. Things might change in the future if popularity continues at an upward trend.

This makes me wonder, which of the aforementioned assets are better as a long term store of value? Is it Bitcoin, Gold, or both? Why do you think such asset is better? Do you think at some point in the future Bitcoin will replace Gold? Or will Gold eventually adapt itself to the digital era (tokenization of Gold)? Your input will be greatly appreciated. Thank you very much Smiley

If you do believe in coincidences and ready to face it go with btc otherwise i prefer gold for you... Hehehe.... BTW, an investment 100% defend on your study.
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May 02, 2021, 06:44:34 PM
 #109

No matter how popular bitcoin has become, it will be very difficult to replace gold. Gold is the most trusted investment tool for many people. a very strong competitor of gold bitcoin. but bitcoin is as valuable as gold. The difference between them is for some reason gold has always been viewed as a guaranteed investment tool. bitcoin, on the other hand, has not yet gained as much trust as gold.
Age is the best explanation for the beliefs of many who are still low in bitcoin, bitcoin represents the face of a young project, young talent is only too attentive to individual performance and lacks steady maturity while gold represents a stable trend over the centuries, generations in our family have seen the mission it accomplished, don't crash and keep the original quality of an investment intact. Unique qualities will not allow for complete replacements, the needs of investors will choose the right qualities for them.

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May 02, 2021, 08:17:39 PM
 #110

No matter how popular bitcoin has become, it will be very difficult to replace gold. Gold is the most trusted investment tool for many people. a very strong competitor of gold bitcoin. but bitcoin is as valuable as gold. The difference between them is for some reason gold has always been viewed as a guaranteed investment tool. bitcoin, on the other hand, has not yet gained as much trust as gold.
Age is the best explanation for the beliefs of many who are still low in bitcoin, bitcoin represents the face of a young project, young talent is only too attentive to individual performance and lacks steady maturity while gold represents a stable trend over the centuries, generations in our family have seen the mission it accomplished, don't crash and keep the original quality of an investment intact. Unique qualities will not allow for complete replacements, the needs of investors will choose the right qualities for them.

Yeah, I agree with that, gold has a lot of assurance because it is a physical representation so you have something that you could hold on to and ensure that you're not going to lose it unless you actually lose your gold.

I still think that gold is overrated so for sure in just a few years bitcoin is going to surpass the market cap of gold after a big drop in the market price of bitcoin it could easily triple its market cap when it came back from a big drop just like what happened when it drops to 3000$ and then pump up to 45k$ in just a short amount of time.

You can say that gold is less risky than investing in bitcoin for sure, but bitcoin is solving a big problem in a fiat currency, and the growth of bitcoin is just ridiculous and probably the safest crypto investment that you could make.

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May 03, 2021, 07:00:52 AM
 #111

Bitcoin AND Gold. My choice will be just that.

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May 03, 2021, 07:09:10 PM
 #112

Gold is more of a stabilizing element in your investment portfolio. Bitcoin is a much more risky investment, but Bitcoin can also bring a much higher percentage of profit. The main question is the period for which you are ready to invest your money. If you are trading short-haul this is one thing, if you are investing long-term this is much better for you. Whatever happens, both will only grow in the future.

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May 03, 2021, 07:32:04 PM
 #113

Gold is more of a stabilizing element in your investment portfolio. Bitcoin is a much more risky investment, but Bitcoin can also bring a much higher percentage of profit. The main question is the period for which you are ready to invest your money. If you are trading short-haul this is one thing, if you are investing long-term this is much better for you. Whatever happens, both will only grow in the future.
if you choose bitcoin, you must be prepared with a big risk, because the volatility is very high.  the price of btc always changes from time to time, even just because rumors can create waves.  that is why the opportunity for profit is also large because price movements are very dynamic.  While gold prices tend to be stable, price changes are slower than BTC, but have a value that continues to increase, although not as fast as BTC.  for those who like the safe way, gold is more effective.  btw, gold and btc are both profitable, the choice depends on where we can manage risk effectively.

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May 03, 2021, 08:01:18 PM
 #114

Nowadays gold is more attractive to me. Bitcoin is not stable so investing in gold gives me more confidence. But this is a preference that can vary from person to person.

Well, everyone is entitled to their own choices and decisions so it's completely up to you to chose where to put your money. As for me, I'm putting my money where my mouth is. Bitcoin might not be a decent stable crypto, but it's a rewarding one, I can tell you that. Holding Bitcoin vs Gold year-to-date proves that. If I want a stable kinda investment or asset, I'd be sure to patronize government bonds or mutual funds and not gold. Also, its becoming a reality with each passing that that Bitcoin would soon be on par to gold in the near future. I'd like to be here when that happens. Good luck to you though.

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May 03, 2021, 08:13:06 PM
 #115

Well, everyone is entitled to their own choices and decisions so it's completely up to you to chose where to put your money.
I have to say that this is the correct answer.
Meanwhile, bitcoin and gold are still volatile asset. Everyone knows that the fluctuation and risk of investing in bitcoin are much greater than gold, but it is worth the profit. In addition, investing in bitcoin in the long term can minimize risk because the price of bitcoin shows an increase from year to year. So, always DWYOR.

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May 03, 2021, 08:16:40 PM
 #116

While to me both of them are good assets to invest in, for now i will rather go with bitcoin simple because, I stand a better chance of increasing my profits from Investment or ROI much quicker and higher than I would get from Gold under the same period of time however this doesn't take away the fact that Gold will still have a part of the investment in a future time.  
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May 03, 2021, 09:47:52 PM
 #117

To be assets i will pick on bitcoin. Since there are not much space needed to save bitcoin and not like gold, bitcoin is easier to sell especially there are a lot of exchanges and local exchanges so people can withdraw their money immediately after sell their assets. As long we set double security like 2fa, back ups for private key, or anything else. If me i back up in 3-4 flashdrives in case 1 of it broken.

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May 03, 2021, 10:52:22 PM
 #118

Gold, even though a rare they can be replicated as the science progresses forward. Bitcoin on the other hand, will remain scarce. Bitcoin is my preference but I suppose the society in general would still prefer gold. That will change sooner or later.  Cheesy

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May 04, 2021, 01:10:15 AM
 #119

Of course I chose bitcoin. Bitcoin's profits are much higher than gold. If we invest in gold this year, we will lose a lot of money, but if we invest in bitcoin we will get big profits. So bitcoin can make us rich quickly but not for gold.

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May 04, 2021, 04:21:43 AM
 #120

Off course BTC is more valuable than Gold
but I m with Gold.

because GOLD is Physical Holy Metal. It suits and stays only with holy guys.  Cool

while bitcoin stays with anybody.....! Grin
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