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Author Topic: Bitcoin or Gold?  (Read 1239 times)
quocsi
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May 06, 2021, 10:29:29 AM
 #141

I will choose gold. Because gold is recognized by governments of all countries. Gold is the nation's reserve. There are many banks in the world that store gold. And Bitcoin is a virtual digital currency. Bitcoin is not recognized in many countries around the world. It is a place for money laundering criminals. Bitcoin is not good for this society.

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May 08, 2021, 03:50:23 AM
 #142

I buy bitcoin to get rich, and gold to save my money.
Bitcoin and gold two very favourite , but compared with two gold is more important than bitcoin because gold already acceptance throughout the world but Bitcoin not. All central researve bank allow gold as saving liquidities.
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May 08, 2021, 04:02:20 AM
 #143

I think there is a solution for those choosing between bitcoin and gold. Divide your portfolio in half and take 50% bitcoin and 50% gold. This way you will be safe and diversified. That's all )))

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May 08, 2021, 05:01:27 AM
 #144

Bitcoin is gold) Digital gold! Regular gold is very far from Bitcoin! Therefore, the future belongs to bitcoin! Gold for beauty😅 Grin
Depend on what perspective are we talking about, because if this is about the instant use or at least assurance then we or I am for Gold because at least even in what time or wherever i am  this can be valuable asset and easy to release.

While for long term investing and for futuristic people then it is Bitcoin as a Digital gold.

So in chances we will decide depend on our preferences .

I think there is a solution for those choosing between bitcoin and gold. Divide your portfolio in half and take 50% bitcoin and 50% gold. This way you will be safe and diversified. That's all )))
That will be appropriate of you are still not in deciding situation because if you really know what is bitcoin and what is gold, then you will choose between the 2.
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May 08, 2021, 05:18:22 AM
 #145

The question of which is the better has been answered by itself. Just take a look at the folds of profits made by the holders of Bitcoin since the last five years and those that invested in gold at the same time.

The better investment between the two store of value is Bitcoin as at today. And it is believed that Bitcoin hasn't even reached its full potentials.
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May 08, 2021, 06:24:27 AM
 #146

Both of them are very valuable assets and of recent, Bitcoin is performing far better than later. On the long run, I am of the opinion that the status quo will be the same
It may be opposite. Since the world now is slowly favoring Bitcoin over gold investments. Not impossible that in the we may be see Bitcoin over power gold in market cap and investment. Of course in the future digital investment will be the norm since the day is shifting into another dimension where digital is getting popular.

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May 08, 2021, 09:24:17 AM
 #147

I will choose gold. Because gold is recognized by governments of all countries. Gold is the nation's reserve. There are many banks in the world that store gold. And Bitcoin is a virtual digital currency. Bitcoin is not recognized in many countries around the world. It is a place for money laundering criminals. Bitcoin is not good for this society.
a good choice, gold is indeed recognized by the state, but if the bitcoin that you saved in 2018 and you sell it now then you will become a rich person and you can have a lot of gold, this reality of bitcoin has increased drastically in price even though the government has not legalized bitcoin.

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May 08, 2021, 10:01:58 AM
 #148

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
As a store of Value, I would do both. Even though I believe in Bitcoin and I also understand that it is more likely for my investment to double other a shorter period of time than my investment in Gold, I would still invest in gold just for its stability and has been a generation long accepted global store of value.

So tokenization of Gold, wouldn't that make it a cryptocurrency?
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May 08, 2021, 10:33:17 AM
 #149

Governments of countries such as America and England have started to ask for user information from stock exchanges in recent months. This news may be a message for possible future taxes and restrictions. So, in the coming days, the danger of bitcoin falling is waiting for me.

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May 08, 2021, 11:00:23 AM
 #150

The question of which is the better has been answered by itself. Just take a look at the folds of profits made by the holders of Bitcoin since the last five years and those that invested in gold at the same time.

The better investment between the two store of value is Bitcoin as at today. And it is believed that Bitcoin hasn't even reached its full potentials.
In the Shit Hits the Fan situation, I think gold will dominate though compared to bitcoin that needs electricity, gold can be a mode of currency. Maybe gold and bitcoin have their own merits and their values depending on the situation and in this case, I think that bitcoin wins this match.

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May 08, 2021, 11:29:52 AM
 #151

Half Bitcoin and half valuable metals such as Gold is the best approach in my opinion, specially for long-term investments(more than 2-3 years).

Don't ever go all in one market no matter how much you believe in it as there always will be bear markets along the way and if you're well diversified in different markets such as stock market, crypto market and commodity market you won't find all your investment money stuck when one of them enter a bear market as you have money in other different markets as well.

In other words don't let your personal opinion about one asset decides how you invest and learn to always invest in a way that makes you least exposed to risk.

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May 08, 2021, 03:20:46 PM
 #152

I think there is a solution for those choosing between bitcoin and gold. Divide your portfolio in half and take 50% bitcoin and 50% gold. This way you will be safe and diversified. That's all )))
Everyone certainly has different ways of investing, I agree with your opinion, that those who choose bitcoin and gold can invest as needed. and each has its own risks.

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May 08, 2021, 05:45:19 PM
 #153

I will choose gold. Because gold is recognized by governments of all countries. Gold is the nation's reserve. There are many banks in the world that store gold. And Bitcoin is a virtual digital currency. Bitcoin is not recognized in many countries around the world. It is a place for money laundering criminals. Bitcoin is not good for this society.
- You feel a lot of criminals will launder money here and not good for society but do you see the number of people filled with hope with bitcoin every day, hopefully they will be better or not, don't let a little bit of bad influence make you feel that bitcoin is not good for society, an event always has two opposite directions. Even if bitcoin is not recognized, it will still be the most interested in the investment sector, it is not a reserve asset, it is a great resource to mine, gold is just a sparkling metal with little volatility


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May 08, 2021, 05:49:20 PM
 #154

I've always wonder why people will choose between those two if they can acquire them both *just kidding*. I've been thinking if what would I choose between those two whether it is bitcoin or gold, because as time passes by I am realizing that gold is increasing time by time unlike bitcoin the pump or up of bitcoin doesn't have any assurance than gold that may grow it's value as time passes. Maybe I am that weird because of choosing gold but that's my observation.



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May 08, 2021, 06:08:53 PM
 #155

for myself, I use both, so bitcoin is useful as a profit generator and gold is used for asset storage. why is gold used to store assets? yes because I believe gold has not decreased in price, but will increase even though slowly and gold in the future will still be needed
I have quietly believe that those that will uses gold in the future are those that still have little knowledge about Bitcoin, definitely, Gold delivers low amount of profit over time and also its too expensive for low investors,

On the other side, Bitcoin is open to everyone and its accessible and acquired anywhere, anytime and at the same time its becoming popular.
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May 08, 2021, 06:14:25 PM
 #156

Even if gold deposits decrease on Earth futurely, nowadays there's already company projects which target to explore gold in the vast Universe. Anyway, gold has always been a very very rare precious metal anywhere and Bitcoin has its own conquered reputed lawful identity. Therefore, in the near and far future Bitcoin and gold will keep on being synonym of earning and safety, respectively!
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May 08, 2021, 06:46:36 PM
 #157

I don't plan to choose between two of it as I can choose both. You can use both since bitcoin and gold can coexist. Even if the gold already exist before bitcoin does some people still use gold, bitcoin or use both. Each of kt have disadvantages and advantages but it doesn't matter what it is as long as you try your best to keep it safe and earn.

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May 08, 2021, 08:33:52 PM
 #158

Bitcoin is seen as digital gold for some people. But I don't think it will replace gold in the future. On the contrary, both of them will always be good choices to invest into rather than fiat money. Also in an economic crisis, each of them would be a good choice as fiat will get affected too much.

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Angna27
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May 08, 2021, 09:24:24 PM
 #159

For me I choice Gold, gold are stable price and going high in the future, Bitcoin is volatile anytime can increase and anytime can deacrease, although I like also Bitcoin because you can withdraw anytime, anywhere.

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verita1
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May 08, 2021, 09:34:40 PM
 #160

I prefer to invest in bitcoin. Because I have seen the benefits of investing in cryptocurrencies. Since we have all had the experience of at least the last four years that have been crucial for bitcoin, we know what to expect.
The world of cryptocurrencies is fascinating and bitcoin represents the great leader that makes the entire market grow by creating opportunities. Hoping that any time some development will show solutions for bitcoin users.

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