Will you be in favor of Gold or Bitcoin !!

[2stout]

It's good to be diversified so I would say to at least have both, however with more bitcoin than gold and having a significant amount of each in the portfolio.  I like to think of it as past (precious metals), present (stocks), and future (bitcoin).

[Fatunad]

It's good to be diversified so I would say to at least have both, however with more bitcoin than gold and having a significant amount of each in the portfolio.  I like to think of it as past (precious metals), present (stocks), and future (bitcoin).

Having both would be good as long your finances would permit you then diversification is always been best but we know that not all would really be having the capital even if they do like to diversify but there's nothing they can do anything about it as long their finances wont be sufficient then its just normal that you would really be going into much simpler side which is on dealing with Bitcoin yet we could really purchase in fractions
and not necessarily to get the whole thing.Same goes in other investment but of course it will really be depending on you.Any investment does have risk and when we do talk about security and reputation or
popularity then nothing beats out Gold into that but we are on a new era and we know the potential of BItcoin does have.

[bitterguy28]

Deutsche Bank, one of the largest private banks in Germany, predicts Bitcoin will return to $28k by the end of the year.

But we have 2 quarters left and this is really very low to expect before the year ends, I believe that at least 40K? well I am  hopeful in this matter.

Bitcoin is comfortable now at at least 20k level, so lets expect something more from this.

Interesting is that they rate Bitcoin as more valuable than Gold, they compare Bitcoin as rare as Diamond.



Good luck

Duke

Am not sure what is their reason for bringing this here but at least this will favor all of us bitcoin supporters, and we still believe that there are more to come and the comparison of Diamonds against bitcoin is just a beginning .

[Sayeds56]

It's good to be diversified so I would say to at least have both, however with more bitcoin than gold and having a significant amount of each in the portfolio.  I like to think of it as past (precious metals), present (stocks), and future (bitcoin).

Well said. Diversification is the best strategy  when it comes to risk management because it protects investors from wide wings in various sectors of economy. I think better is better than Gold though both are considered store of value because it has limited supply, method of quick payment as well as it doesn't have any logistic issue like Gold to transport it

[mindrust]

Both can have a place in the financial markets. It shouldn’t be this or that. You can always invest in both. Bitcoin is having an amazing run but gold has a track record of centuries. You simply cannot dismiss gold so easily. It is a rare and a precious metal and it will stay so forever. People who invest in bitcoin should have some gold lying around too imo.

[Spack17]

Frankly, I don't find it right to choose between the two. If you have to make a choice, it will be very difficult. Gold has always been seen as the safest resource in the world. Its value can not be close to zero. There is a certain amount of gold in the world and we can not change it. These also apply to bitcoin. The number of Bitcoins is limited to 21 million.  The inability to produce more than this increases its value. However, its value may decrease as it is still seen as an unsafe resource. Therefore, the value of bitcoin will be more volatile than gold.

[yhiaali3]

Of course, I am in favor of Bitcoin, gold is the oldest precious currency in the world since ancient times and people extract gold and until now and no one knows the amount of gold in the world already in the world, so more can be extracted so far as it is found in the graves of ancient civilizations so far, therefore We cannot exclude that a day comes when gold becomes cheap because it is no longer rare, while bitcoin increases its scarcity over time and it is not possible to create more so bitcoin has one bullish direction in the long run, also in the digital technological age cannot compare gold features with bitcoin in any case So I am with bitcoin, of course.

[worle1bm]

1•Bitcoin has a limited supply of 21M, not taking into account those wallets that the owners lost their keys and the ones to be lost too, which means only 21M BTC will ever be in existence. .
While the mining of Gold is continuous no one really knows the exact amount of Gold to be in circulation or existence.

The supply is limited to 21 Million and it will take another century to fully mine last bitcoin as next halving the rewards are going to be halfed at 3.125BTC but as you said there are some lost coins as owners have lost their keys and seeds or wrongly sent to some address so there will be never 21 Million coins in circulation in the market which makes it more valuable.Supply of 21 Million can't be increased and there are lost coin as well so it's shrinking.

[BlackBaron]

Deutsche Bank, one of the largest private banks in Germany, predicts Bitcoin will return to $28k by the end of the year.
Interesting is that they rate Bitcoin as more valuable than Gold, they compare Bitcoin as rare as Diamond.

There are two choices I can make to choose between gold and Bitcoin.
1. In real world investing, everyday life, I believe more in gold as an element of investment choice.
2. Because we are here demanded by the state of technology and crypto, one of the digital money that is trusted by many people, of course I will choose Bitcoin in the affairs of the online world.

I chose the two elements, just different methods and ways to do it.

[Ojengonggu]

I will continue to support both even though the price movements are very much different.
So when the price of bitcoin is uncertain as it is now, I temporarily switched to buying gold whose risk of decline was not as far as the price of bitcoin but I never left bitcoin, it's just that I chose a more affordable and safe place.

[dansus021]

Both bitcoin and gold are good for investment and both are volatile too, I would consider buying both of them rather than only one  but bitcoin is crazy stuff that really make addicted rather than traditional gold.

I will continue to support both even though the price movements are very much different.
So when the price of bitcoin is uncertain as it is now, I temporarily switched to buying gold whose risk of decline was not as far as the price of bitcoin but I never left bitcoin, it's just that I chose a more affordable and safe place.

and this I think is also good choice.

[justdimin]

It's hard to just favor one and completely disregard the other. If I were to choose, I'd choose both. But suffice it to say that I'm not investing in gold right now. It's just that while there is indeed abundant gold in this world and even outside, I don't think it will lose its value in the next hundred years.

Anyway, I agree that Bitcoin isn't really comparable to both gold and diamond. In the case of both, I believe the earth won't be running out of supply even in the next centuries. With Bitcoin, everything's fixed. And it will run out at some point.

I agree with you to a point but the fact that we both do not invest into gold, and do invest into bitcoin proves that even though in logic we feel like they are both nice, we still prefer bitcoin over gold. I cannot really say this with certain idea, I mean maybe we do not but it feels that way to be fair.

I do it, I invest into bitcoin and not into gold and feel like they are equals in my mind, but if they are so equals then why am I not in 50% gold and 50% crypto? This feels like a proof that our generation prefers to be more digital and the idea of a physical gold being valuable doesn't really come to us as a reasonable approach as much, and digital gold doesn't feel trustworthy.

[ChrisPop]

Both bitcoin and gold are good for investment and both are volatile too, I would consider buying both of them rather than only one  but bitcoin is crazy stuff that really make addicted rather than traditional gold.

If it makes you addictive you should take a step back and reassess your investment strategy. Emotions do not have a place in the investing game. Be objective when analysing investment opportunities and when designing your strategy.

[OgNasty]

Deutsche Bank, one of the largest private banks in Germany, predicts Bitcoin will return to $28k by the end of the year.
Interesting is that they rate Bitcoin as more valuable than Gold, they compare Bitcoin as rare as Diamond.

I'm not sure if liking Bitcoin to diamonds is a good thing or not.  Diamonds were for a long time controlled by cartels and while their mining might be a bit more decentralized these days, the diamond cartel still has strong influence over the industry.  I've heard people say that diamonds would be nearly worthless if the market was flooded with them and while I don't know how true that is, the idea that diamonds are plentiful but held in the hands of few to make them more valuable when sold should be troubling to anyone trying to bring adoption to Bitcoin.  I've been saying it for a while that Bitcoin has been hijacked by Wall Street and it's valuation pumped in order to bring them more management fees.  That is starting to sound a lot like the diamond market...

[Minecache]

Both. As a way to diversify my portfolio and reduce my investment risk, I would decide to buy both.  Gold is a physical asset and it existed centuries before bitcoin was born, now gold is seen as a safe haven for times of inflation and Bitcoin will be more suitable for our long-term investments. Just buy and hold for the next 5 years, bitcoin will help us avoid inflation and asset value will increase significantly.

[tjtonmoy]

BTC is BTC. you can't compare it to anything else. gold and diamond also all the other stones have high value, because people made them valuable. Otherwise all those are just stones. But BTC is a miracle

[virasisog]

BTC is BTC. you can't compare it to anything else. gold and diamond also all the other stones have high value, because people made them valuable. Otherwise all those are just stones. But BTC is a miracle

Both could be good assets and investments. We have different perspectives when it comes to investment. Some people prefer gold and diamond as physical assets since they could keep and hold them while others rely on Bitcoin as a profitable investment. We could choose where we could personally think is profitable but both are great for long-term investment as long as we know how to deal with their risks.

[kensaii]

Both easily since they have their own use and don't really cross or step into each other as many have thought. Also, I opt for diversification no matter how good gold or bitcoin, one compares to the other. Bitcoin for volatile and gold for stable.

[bitzizzix]

Gold tends to be stable, gains can be very long over many years, and seek very small daily gains.
bitcoin or other crypto, you can search every day, because of its unstable nature, you can earn hundreds of millions a day, but maybe the risk of losing assets is also great.
and I think gold is safe, but if you want big gains, bitcoins and losses, that's the risk you have to take. However, everything can be anticipated with strong patience to wait for it, even if you have to wait a long time bitcoin will still provide a very good return compared to gold.
So I strongly support bitcoin, besides being more profitable, bitcoin can be used for transactions and also store value, and besides that we are in full control.

[aylabadia05]

Gold and Bitcoin, for me is the best investment.
Honestly, both must exist because both have proven their worth.
In 2013, the historical data that I saw on coinmarketcap.com was very clear that the price of Bitcoin was only hundreds of dollars.
When compared to this year's price (2022) specifically the current price of Bitcoin, it is clear that Bitcoin is a valuable asset with volume that cannot be reproduced as you mentioned. Unlike gold, which can still increase in volume.