Bitcoin or Gold: Superiority

[Patigi]

I believe in Bitcoin than gold because Bitcoin investment can change life just a month when Bitcoin rises but gold take years compare to the  Bitcoin. and for my own observations gold are mainly use by many People as fashion or investment so it is not well secure as Bitcoin that you can get in wallet and nobody will know.

[izsara]

On the matter of Bitcoin or gold, I do not consider gold an investment but just a safe savings for myself. I think the price of bitcoin increases not because it competes with gold but because bitcoin competes with a weak currency with high inflation rate. Therefore, investing in a project with a high rate of return like Bitcoin is one of them top picks of traders and i think we all see the potential and huge profits from bitcoin rather than gold.

it would be better to call it a savings because indirectly the value of gold is not eroded by inflation significantly and rarely changes drastically, making gold savings a good choice with a level of risk that tends to be easy to manage in contrast to crypto, especially bitcoin which is very difficult to regulate it even to predict it requires TA that is carried out on an ongoing basis.

[Baskeyairdrop]

The correlation between Bitcoin and the two is almost zero. Bitcoin is an ideal tool for spreading risk. In addition to traditional investment products, bitcoin can account for more than 30 percent. I’m 70% bitcoin, 20% altcoin, and only 10% bank fund.

I read this and couldn't help but contribute to this. If you are a risk taker, then bitcoin is the way for you but not withstanding, bitcoin is the way in this century,.

[chanler]

bitcoin or gold both have their respective values and advantages, and we can choose one of them to invest. it's true that gold has appeared first but that is not a benchmark that gold investment is better than other emerging investments such as bitcoin investment. investing in bitcoin or gold is an option depending on the beliefs and needs of each. but if you can invest in both then that's much better.

[oktana]

bitcoin or gold both have their respective values and advantages, and we can choose one of them to invest. it's true that gold has appeared first but that is not a benchmark that gold investment is better than other emerging investments such as bitcoin investment. investing in bitcoin or gold is an option depending on the beliefs and needs of each. but if you can invest in both then that's much better.

Correct! But have you weighed the advantages and disadvantages of both assets? Yes, Gold is an asset but can you store it at home without requiring extra security? If there was a thief, wouldn't your concern be to hide it? If you want more security, you have to take it to the bank which takes you to centralization. Unlike Gold, Bitcoin can be stored by you without requiring any extra (or physical) security. It is as small as data(obviously). There's no way it can be detected by anyone(You can own some Bitcoin and yet there'll be no way anyone will discover unless you let them). ETC!

[bct-user]

gold and bitcoin are the same as long-term investment benefits, but in my country many people are still new to bitcoin, they still believe in gold for investment.

People don't need to leave Gold, they just need to have another investment in Bitcoin. Gold has been a trusted asset for many years, people must still have it for their future investment. With Bitcoin, they will have another investment, which is a great digital asset. It is not a must to choose one of them, the best way is to have both of them. We believe Gold and Bitcoin as the best assets for future life.

[NicNacCoin]

Gold and Bitcoin are both very popular all over the world. Gold though has its use all over the world and there are no restrictions. Bitcoin is banned in some countries. But if you ask me to judge, I will Of course I will evaluate Bitcoin. Because now bitcoin is much more valuable than gold. If you can keep bitcoin you can get a lot of money at once.

[amihada]

gold and bitcoin are the same as long-term investment benefits, but in my country many people are still new to bitcoin, they still believe in gold for investment.

this is an opportunity for you to try different from the others, then a few years later you compare the results.
This will be great for you to do because trying to be different from others doesn't mean we are being disowned.
although the stigma may be different, this is precisely the reason you stay here and invite the people closest to you as much as possible because I am sure the results will be better.

true my friend has done as you said even i have sold gold then i invest bitcoin i am very sure that bitcoin investment is much more profitable than my gold investment.

[Swapzone_pr]

Question

The price of gold fell 10.5% since the beginning of the year, but the price of Bitcoin gained 332%. Bitcoin, in the same decade, has returned 146% annually, compared to gold's 0% per year. Is it really necessary for us to still debate which of the two is superior?

Here are my thoughts

A valuable store of value and medium of exchange, gold has been around for five thousand years.

Despite Bitcoin's success, do not let your enthusiasm for it turn into arrogance or (worse still) stupidity. In addition to bitcoins, the world values many other assets, including gold and oil.

How do you feel about this?

There is a reason why some rich people prefer gold and oil to crypto: uncertainty.
Cryptocurrency has no backing entity, and no certainty. It isn’t even very easily predicted since it isn’t tied to real world assets. Money and investors like predictability. But even though it's not a traditional investment, it surely is a good type of investing, especially when you use your head.

[Rishabh riyz]

gold and bitcoins both have been a great asset with best profits for many people,
if we talk about superiority in terms of legality and accessibility gold is the clear winner it is accessible to people of all economic standing and technological knowledge , its legality cannot be questions as  country's currency or paper money has a value directly linked to gold.  
but if we just consider them both as an asset Bitcoins would make its stand .

[yohananaomi]

Back then and people knew that gold as a number one but now it has a counterpart a gold vs bitcoin and in the new generation I see how much you value bitcoin means superiority because bitcoin earns higher than gold and especially now gold is declining steadily.

if it's a matter of falling prices like you said to gold, bitcoin is also currently experiencing a decline, of course it's natural that gold and bitcoin don't always continue to increase, it can be ascertained that they will also be affected by various kinds of problems and will experience a decline.

the principle is that both are very good to be used as investments, depending on what the person who wants to do the investment wants to do. gold can be used for accessories and there are still many people who want to have gold to show their identity. Instead, bitcoin is invisible and cannot be exhibited in real form.

If asked to choose, obviously bitcoin is more attractive to my principles but maybe for others it could be gold. for me bitcoin is always going to increase at least during the halving and this is what makes it a very interesting thing that gold does not have.

[Ryu_Ar1]

when saying gold and bitcoin maybe in some ways gold will be superior because gold can be converted into money at a price that is relatively the same as the purchase price and it is still quite powerful to this day.
but maybe for bitcoin itself they have very good volatility to date and let's not forget that Bitcoin can also help hedge against inflation but in terms of inflation even gold is a natural hedge to avoid inflation.
but on the other hand why do many people choose bitcoin because indeed they will benefit much more from bitcoin even though there is a risk there.
but I think with this risk for me personally I am more motivated by this.

[24Kt]

when saying gold and bitcoin maybe in some ways gold will be superior because gold can be converted into money at a price that is relatively the same as the purchase price and it is still quite powerful to this day.
but maybe for bitcoin itself they have very good volatility to date and let's not forget that Bitcoin can also help hedge against inflation but in terms of inflation even gold is a natural hedge to avoid inflation.
but on the other hand why do many people choose bitcoin because indeed they will benefit much more from bitcoin even though there is a risk there.
but I think with this risk for me personally I am more motivated by this.

In my opinion, I won't compare bitcoin and gold here. Maybe, if in terms of price. But with other factors, they are not comparable. Gold has tangible uses like being used extensively in electronics industry. And don't forget, those miners mining btc, they have gold as one of the important components of those equipment. For most people here, it is easy to invest on bitcoin rather on gold. Gold has other documentary needs as well as safe-keeping aspects. But with bitcoin, it is easy peasy once you get acquainted with it. But don't forget that gold has valuable usage in this market aside from being investment purposes.

[Desmong]

I will always prefer Bitcoin to Gold cause it has great opportunity in it and it's as much as volatile compared to Gold. Bitcoin is having more adoption and with time it is going to surpass gold because of it's maws adoption. Although the market might be read now but I am very sure that Bitcoin is going to reach $100k where Gold would have become less valuable compared to price.

[nullama]

Bitcoin is superior to gold in almost every aspect.

I find that gold is usually easy to buy, but difficult to sell. Some mints are happy to sell you gold but they won't buy back their own gold. Selling gold is not ideal, specially in large quantities.

Personally I prefer Bitcoin by far. It's much easier to deal with, it can be bought or sold internationally, and instantly, from your own home. You can keep large or small quantities of it easily, etc. It's just much better in every way.

[lucates]

gold and bitcoin, managed to become one of the most profitable investment assets in the first half of this year. However, the simultaneous increase in the value of the two assets brings back the creation of which asset will be the better store of value. Gold or Bitcoin, which is more profitable? if I personally think I prefer to invest in bitcoin, the big risk is definitely the profit we get will be great too..

Whatever you choose is all up to you and make sure you thoroughly researched on it and fully trusted that method of investing don't invest because anyone pushing you or to satisfy greedy. And the most responsible for ours is not pull anyone who are not interested or lacking trust on any mode of investment.

[jhonjhon]

Well, I think  bitcoin will always have over gold. The fact is exist, completely secure and untraceable,as nothing more but a string of characters means that no one including any government can take it away from you. Aside from the that, bitcoin can be used as a payment. Bitcoin is easily the best commodity for store of value/currency when applying the traits of money.

At difficult times like Covid-19 pandemic, you need to think out of the box and crypto is the way forward to make wealth at these desperate time. Thats why bitcoin is superior than gold.

[bitterguy28]

Back then and people knew that gold as a number one but now it has a counterpart a gold vs bitcoin and in the new generation I see how much you value bitcoin means superiority because bitcoin earns higher than gold and especially now gold is declining steadily.

This will be depending in which are talking because if we will rely in Older humans in which those who knows not more about technology then their firm answer is GOLD because this is their Onhand  funds and can keep safe with their own eyes.

but if we will be for New generation in which technologically adopted , then surely they will be for Bitcoin or any funds that can be accumulate using their gadgets and technology .

[pushups44]

One of the best decisions I ever made was to sell most of my gold and convert it to cryptocurrency. Had I listened to Peter Schiff and other gold bugs talking crap about bitcoin, I would never be where I'm at today. I still like gold as a hedge and form of jewelry but it lacks the growth prospects of bitcoin and crypto!

[rozak]

Back then and people knew that gold as a number one but now it has a counterpart a gold vs bitcoin and in the new generation I see how much you value bitcoin means superiority because bitcoin earns higher than gold and especially now gold is declining steadily.

This will be depending in which are talking because if we will rely in Older humans in which those who knows not more about technology then their firm answer is GOLD because this is their Onhand  funds and can keep safe with their own eyes.

but if we will be for New generation in which technologically adopted , then surely they will be for Bitcoin or any funds that can be accumulate using their gadgets and technology .

Most people today I believe are very technology conscious. not just young people. those who are old are now starting to open up to digital technology.
the problem is the fear of people who are new to crypto and other digital asset investments. because indeed they know that investment is a real asset that they can hold and see.
convince people new to the digital world that I am having a hard time with digital asset ownership.