Do you still have thoughts of picking Gold over Bitcoin, read this.

[syedakhlaque]

Bitcoin and Gold both are good investment platforms. It depends upon the investor whether he prefers Gold or Bitcoin for his earning.
The person who is working on Gold for a long time and has well experienced in the gold business. He will do this business The rise & down of the gold price is not very fast. But The ups and downs are part of crypto and Bitcoin. So the person who feels comfortable in the Bitcoin business. He should do this. This crypto business will start with a small amount also but this is not in the gold business.

[Kelvinid]

Bitcoin and Gold both are good investment platforms. It depends upon the investor whether he prefers Gold or Bitcoin for his earning.
The person who is working on Gold for a long time and has well experienced in the gold business. He will do this business The rise & down of the gold price is not very fast. But The ups and downs are part of crypto and Bitcoin. So the person who feels comfortable in the Bitcoin business. He should do this. This crypto business will start with a small amount also but this is not in the gold business.

If you can afford to take a higher risk and are smart enough, you definitely have to choose Bitcoin. We can't see Gold move so fast unlike what we've experienced in Bitcoin's trend.

It is not about that if you were in the Gold business you will die keeping on it. No, I don't think so. If you have the reason why you are in this investment world, you'll probably be choosing those investments that can give you such satisfying returns in a shorter time.

Lime if you bought Bitcoin today at $45k, this might become $100k a year after (as an example) but this was impossible to happen in Gold. Yes, you can expect some increase of the price but not that much as Bitcoin can do.

[nurilham]

actually both have their own advantages, but personally I would choose to invest in bitcoin compared to gold. Although gold investment is profitable and stable, I think it will be much more profitable and have good prospects if you invest in bitcoin. if the bitcoin lovers like me knew that bitcoin could reach the current price, of course we would buy it because the prospects are very good. so I still can't turn away from the crypto world. but back again that the profit or loss of someone investing depends on how we manage and handle our own assets

[rozak]

actually both have their own advantages, but personally I would choose to invest in bitcoin compared to gold. Although gold investment is profitable and stable, I think it will be much more profitable and have good prospects if you invest in bitcoin. if the bitcoin lovers like me knew that bitcoin could reach the current price, of course we would buy it because the prospects are very good. so I still can't turn away from the crypto world. but back again that the profit or loss of someone investing depends on how we manage and handle our own assets

if you are looking for profit then investing in bitcoin will be more profitable. Bitcoin trading on the crypto market is better than gold today.
because the world gold market is experiencing a weakening price. and surprisingly its adoption is also declining. In falling prices, adoption also declines. will be very different with bitcoin.

but I have both for investment. I can't judge which is better between the two. because I have my plans for the ownership of both assets.

[Botnake]

actually both have their own advantages, but personally I would choose to invest in bitcoin compared to gold. Although gold investment is profitable and stable, I think it will be much more profitable and have good prospects if you invest in bitcoin. if the bitcoin lovers like me knew that bitcoin could reach the current price, of course we would buy it because the prospects are very good. so I still can't turn away from the crypto world. but back again that the profit or loss of someone investing depends on how we manage and handle our own assets

if you are looking for profit then investing in bitcoin will be more profitable. Bitcoin trading on the crypto market is better than gold today.
because the world gold market is experiencing a weakening price. and surprisingly its adoption is also declining. In falling prices, adoption also declines. will be very different with bitcoin.

but I have both for investment. I can't judge which is better between the two. because I have my plans for the ownership of both assets.

Its good that you have them both so you can maximize your profits in the near future. But if i have to choose between the two, i would rather invest in this new innovation that has made a huge price increase in the previous years compared to gold that its value is almost not increasing. There might be a price change but definitely not that high with bitcoin. And with the faster adoption of bitcoin that will make its price more valuable, then there's no reason that we should pick gold over bitcoin.

[rozak]

Its good that you have them both so you can maximize your profits in the near future. But if i have to choose between the two, i would rather invest in this new innovation that has made a huge price increase in the previous years compared to gold that its value is almost not increasing. There might be a price change but definitely not that high with bitcoin. And with the faster adoption of bitcoin that will make its price more valuable, then there's no reason that we should pick gold over bitcoin.

the plan I made with gold investment is the result of profit from day trading.
such as examples of profits in daily trading that I collect in a matter of weeks or months. I made a profit withdrawal and left my fixed capital. the profit I get from trading I will save to gold.
and now I have accumulated a profit value that is almost the same as the capital I use in daily trading in the form of gold.

[Vaculin]

Its good that you have them both so you can maximize your profits in the near future. But if i have to choose between the two, i would rather invest in this new innovation that has made a huge price increase in the previous years compared to gold that its value is almost not increasing. There might be a price change but definitely not that high with bitcoin. And with the faster adoption of bitcoin that will make its price more valuable, then there's no reason that we should pick gold over bitcoin.

the plan I made with gold investment is the result of profit from day trading.
such as examples of profits in daily trading that I collect in a matter of weeks or months. I made a profit withdrawal and left my fixed capital. the profit I get from trading I will save to gold.
and now I have accumulated a profit value that is almost the same as the capital I use in daily trading in the form of gold.

Only a few people had thought that way and were able to manage investing both Gold and Bitcoin coz many had lost their Gold and switch to Bitcoin. I really appreciate that idea, you are not just a wise person but you had fully secured your future since we know that Gold could be a long-term investment and the price will continue to move higher as well. Maybe we couldn't compare to Bitcoin's growth but the most important is we have that security assurance unlike having Bitcoin. 

[Finestream]

Its good that you have them both so you can maximize your profits in the near future. But if i have to choose between the two, i would rather invest in this new innovation that has made a huge price increase in the previous years compared to gold that its value is almost not increasing. There might be a price change but definitely not that high with bitcoin. And with the faster adoption of bitcoin that will make its price more valuable, then there's no reason that we should pick gold over bitcoin.

the plan I made with gold investment is the result of profit from day trading.
such as examples of profits in daily trading that I collect in a matter of weeks or months. I made a profit withdrawal and left my fixed capital. the profit I get from trading I will save to gold.
and now I have accumulated a profit value that is almost the same as the capital I use in daily trading in the form of gold.

Only a few people had thought that way and were able to manage investing both Gold and Bitcoin coz many had lost their Gold and switch to Bitcoin. I really appreciate that idea, you are not just a wise person but you had fully secured your future since we know that Gold could be a long-term investment and the price will continue to move higher as well. Maybe we couldn't compare to Bitcoin's growth but the most important is we have that security assurance unlike having Bitcoin. 

Bitcoin may don't have guarantee that it will always be profitable but if your intention is to hold it in long term, then the profits will become incomparable to gold because of its increasing price that will attract more people to invest in bitcoin  rather than gold. Bitcoin also may not be a safe haven unlike gold because of how volatile its value is but if we are talking about the amount of profits you will earn from gold then it will be a hundred times folded in bitcoin. So the decision is all yours.

[Fortify]

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

You seem to conveniently skip over the fact that high risk also means there is a greater chance of losing all or a large chunk of your initial investment. Everyone investing in crypto is essentially taking an uncalculated risk because nobody really knows why it has increased in value so much - is it because the mega rich find it way easier to move money across borders? is it because criminals have a level of anonymity outside the banking system? is it because the world is awash with money and people don't want it sat in bank accounts earning 0.5% per year? You can look at pretty much any asset and find a window that makes it look like a bad investment, if you bought bitcoin at $65k you're currently looking at a loss, if you bought gold at the right time in 2016 and sold at peak Covid you could have doubled your money.

[bitgov]

Bitcoin and Gold both are good investment platforms. It depends upon the investor whether he prefers Gold or Bitcoin for his earning.
The person who is working on Gold for a long time and has well experienced in the gold business. He will do this business The rise & down of the gold price is not very fast. But The ups and downs are part of crypto and Bitcoin. So the person who feels comfortable in the Bitcoin business. He should do this. This crypto business will start with a small amount also but this is not in the gold business.

If you can afford to take a higher risk and are smart enough, you definitely have to choose Bitcoin. We can't see Gold move so fast unlike what we've experienced in Bitcoin's trend.

It is not about that if you were in the Gold business you will die keeping on it. No, I don't think so. If you have the reason why you are in this investment world, you'll probably be choosing those investments that can give you such satisfying returns in a shorter time.

Lime if you bought Bitcoin today at $45k, this might become $100k a year after (as an example) but this was impossible to happen in Gold. Yes, you can expect some increase of the price but not that much as Bitcoin can do.

Its not that easy to earn in BTC market. You need to well equip with knowledge and skills to handle the BTC volatility, otherwise you will be just another loser in this market.
Gold market on other hand has more capital, its stable and run by fundamentals. IMHO, if you have capital then invest in both Gold and Crypto.

[Kusman]

"The higher the risk, the greater the reward" is not a good way of thinking all the time. As it is already known that the risk is increasing as for cryptocurrencies, this means that you can lose a great deal of money also. Taking a big risk doesn't guarantee that you will make a lot of profit. I have investments into gold and Bitcoin both. Because it is not advised to put all eggs in one basket.

[pinggoki]

You are right about bitcoin being relatively more profitable than gold considering the amount at which it can increase in price among many other factors. But the reason people pick gold over bitcoin is mainly due to the fact that it has existed longer in the market enough for it to cement itself as a standard in many stores-of-value assets which bitcoin is trying to go for. I wouldn't say investing in gold isn't a profitable venture because it still is, just that bitcoin overshadows its presence because of how bitcoin moves in the market right now.

"The higher the risk, the greater the reward" is not a good way of thinking all the time. As it is already known that the risk is increasing as for cryptocurrencies, this means that you can lose a great deal of money also. Taking a big risk doesn't guarantee that you will make a lot of profit. I have investments into gold and Bitcoin both. Because it is not advised to put all eggs in one basket.

This is a better approach if I do say so myself. Breakeven and get the best out of both options. It's not always appropriate to go balls-deep on one asset because of its high profitability because at the end of the day, there is still some risk involved in it no matter how big or small. Altogether a sound decision and extensive research will do you wonders than going ape and investing on a particular asset like bitcoin just because "it's the most profitable" coin out there.

[Chrystora123]

snip..

no wonder why people prefer to invest in gold over Bitcoin, people still have conservative thoughts and also don't understand the potential of Bitcoin.  I also have an uncle who doesn't believe in bitcoin even though I've made a lot of money from bitcoin, he believes more in gold because it can be brought to sleep and has a real physique he said..

[dimonstration]

I do get your point but I think the reason why some people still prefer gold over bitcoin is because of having a stable market and intrinsic value which is used in different aspects of our life specifically technology. It's a much safer investment than BTC since it has stable demand and actual usage even though BTC has high profitability but still a risky investment.

It should not be really a big problem when it comes in investing if we have too much money then investing in both is the nicest to do as we need to put our investment in different baskets to avoid too much risk and both have shown profit in the long run. Just look at their value 5years ago and how their price pump up to now when we sell them. The only problem will occur when we only have few money and wanted to invest it on both we need to determine what we wanted most, the less risky or the one we can manage to see the price goes up and down in tome of trading.

[Ararbermas]

snip..

no wonder why people prefer to invest in gold over Bitcoin, people still have conservative thoughts and also don't understand the potential of Bitcoin.  I also have an uncle who doesn't believe in bitcoin even though I've made a lot of money from bitcoin, he believes more in gold because it can be brought to sleep and has a real physique he said..

yep your uncle is right, probably mostly people nowadays sees that bitcoin is just a crap wherien no future because of some matters, but hell yeah we all knows how reliable it's and more profitable than gold and we don't need to wait for how many years especially if you are knowledgeable about how it works.. For short it's all worth despite of some situation in the crypto market and all the efforts and time we invested in it, thats all i can say. and you know let them choose which is for them they are comfortable, its a free country mate. Lol

[bhooscream]

Why don't pick both Bitcoin and Gold for investments? I don't think we must choose one of them to invest, as we know that diversification should be a better idea. Honestly, I invest both in Gold and Bitcoin, I am not a typical person who wants to invest in a single thing only. Actually, I also invest in land and a culinary business. For me, it is needed to invest both in a digital asset and in the physical asset (real life). We don't know what to happen in the future, so we cannot rely on Bitcoin only.

[suryogandul]

The debate between choosing gold and bitcoin will continue for the long term.  for me gold and bitcoin can not be separated from my life.  I use bitcoin to generate profit while gold is used to store assets.  I think now bitcoin has the risk of changing price movements.  so I think it's an option for someone to choose gold or bitcoin

[chuckweitzman]

 ‌I agree with you on it. Bitcoin shows great potential and comes with higher rewards. It’s a great way to invest and get good rewards. However, many people also prefer gold because it isn’t volatile unlike bitcoin. Those who want to play safe when investing would still prefer gold because it comes with less risks or no risk at all. So, whether someone prefers gold or bitcoin depends on their mindsets and how much risk they are able to take based on their requirements.

[wajik-tempe]

The debate between choosing gold and bitcoin will continue for the long term.  for me gold and bitcoin can not be separated from my life.  I use bitcoin to generate profit while gold is used to store assets.  I think now bitcoin has the risk of changing price movements.  so I think it's an option for someone to choose gold or bitcoin

We cannot stop this debate until the world show itself which one is more valuable in the future, most of people who choose gold is majority boomers or old people who don't open their eyes to see the world growth.
Digital assets is much more valuable right now and if we don't keep chasing with the technology, we will be lost.
So i think in the future there will be no longer people saving their assets into a physical assets but with digital assets with safer security from now.

[KaliLinux]

Bitcoin and Gold are both cool investment. You cannot fully blame those who pick Gold over Bitcoin because Bitcoin has a higher volatility than Gold. Some people prefer slow and steady than something that isn't fully stable. Imagine buying Bitcoin at $46k and then tomorrow morning it's at $43k. You may say it's not a problem because you believe it'll come back up but not everyone can handle it. Both investments have their advantages and disadvantages.

You are right. Investors have their right to invest in whatever Investments they see safe and some will still not come to terms with the fact that Bitcoin regardless of all the positive signs it has shown over the years, is still a good place to put their investment. People are wired differently and of course, that will have this effect on their investment mind. And as the poster mentioned, The higher the Risk, the Higher the Reward and for those that have been able to take that risk in believing in Bitcoin and Investing in it, the results have been there.