Will you be in favor of Gold or Bitcoin !!

[Clochaard]

I suppose people started regarding Bitcoin as a digital gold long back. After this statement by Deutsche Bank it is now more clear about the potential that bitcoin it holds.

[doomloop]

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.

Right because being addicted on to something else is bad or dangerous even if we say it was bitcoins but I don't think being addicted is a kind of emotion although it's also correct that one must not be emotional when dealing with his investments.

I know what gold is but I haven't tried investing on it and won't ever attempt to because I am already contented with what bitcoin and other cryptos has to offer. Sure thing that they are more volatile so they are riskier but that's okay because the reward that I will be getting here is also much higher. 28k usd is a nice value according to what is featured by the op but I expect more than that, the more we advance on this year.

[Nrcewker]

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

According to me it’s their personal comment, and no point of discussing negativity about it.
I mean I also agree that for me Bitcoins are more valuable than Gold.
Not for me but also for many young and new generations, Bitcoins seems to be like more valuable and interesting then gold.
This is because of more features that we can get from Bitcoins, and not from Gold. Bitcoins are cannot be controlled by government whereas Golds are regulated by the government and they impose laws on it.
For this reason I choose Bitcoins and for me Bitcoins are more valuable.

[Botnake]

I am definitely for gold. If the goal is to invest money and not go into the negative - definitely gold. Really an investment that definitely won't lose. But bitcoin can bring both profit and loss.

Well, that's your choice and I understand your opinion. But why choose if we can buy both gold and bitcoin, right? Actually, there's no need for comparison as bitcoin and gold is two different things and have different purpose but they are both the same when it comes to investment.

Bitcoin is more handy but it's volatile while gold is hard to move especially if we decide to fly it across the globe but its price is not that volatile, so both of them has its own pros and cons. It's actually our decision which of these two suits us the most and make us confident enough.

[coolcoinz]

I like both. Gold has its physical uses and bitcoin is much more secure and easy to verify. You don't need a bag to carry bitcoin around and you don't need scales to be able to verify its real value.
On the other hand, you won't make pretty jewelry out of bitcoin and you won't get a good electrical connection with it. Gold lovers will have their points and bitcoin lovers will have theirs. To each their own.

[kelonmusk]

With a small supply, Bitcoin will become a scarce item in the future, in contrast to gold which in the future will have no value because the supply of gold will be spewed from the earth and fill the pockets of every human being while the supply of Bitcoin in circulation is 19 million and the available supply is 21 million so there are still 2 million in miners and owned by people all over the world so Bitcoin rare rate is very high.

[nullama]

Bitcoin is just a superior form of gold.

And gold isn't even that great to begin with.

For example, Norway, a rich country, doesn't even have gold reserves. This is one of the reasons why, from the Norwegian Central Bank:

The return on gold has historically been low.

Gold is not really scarce at all.

Here's the world production of gold per year: https://ourworldindata.org/grapher/gold-production

[uneng]

I like both. Gold has its physical uses and bitcoin is much more secure and easy to verify. You don't need a bag to carry bitcoin around and you don't need scales to be able to verify its real value.
On the other hand, you won't make pretty jewelry out of bitcoin and you won't get a good electrical connection with it. Gold lovers will have their points and bitcoin lovers will have theirs. To each their own.

I agree with you. I think we don't need to disqualify one to uprise another. Both are very useful and reputable assets, although they can't be compared, because they have very different natures, concepts, usages and characteristics which have been heavily discussed on this forum along the years. On the other hand, they are very similar in few aspects: both are rare, valuable and will remain like this for a long time yet, so smart are the investors and enthusiasts who go for gold and bitcoin enjoying all their benefits and features. In bitcoin's case it's more about the convenience ir proportionates, while gold offers aesthetics, prettiness and charm.

[AakZaki]

I suppose people started regarding Bitcoin as a digital gold long back. After this statement by Deutsche Bank it is now more clear about the potential that bitcoin it holds.

I will support both. Because I have both. Maybe the world government has recognized gold and used it as foreign exchange reserves in big countries. Officially gold can be exchanged easily without being limited by place and time. For bitcoin, indeed some countries have recognized it as an asset, but not all and many still prohibit it. Directly the crypto movement is still limited. Although the value of bitcoin increased more greatly than Gold, and became the most profitable investment tool. But that instability puts crypto at greater risk of loss if it can't perform asset management.

[ChiBitCTy]

Yeah I am with you. I have never been a fan of the whole bitcoin or gold or bitcoin vs gold argument or comparison since day 1. They are two entirely different things and really aren’t all that comparable. One is a precious metal used for machines, electronics, jewelry etc and the other is a digital currency.

[TheGreatPython]

Well, first of all, I will like to clear the fact that if for any reason I chose to one asset over the other does not make the other any less better, it all boils down to individual choices. Now, both Bitcoin and gold are relatively easy to purchase and sell off, especially since there are ready markets for both. But gold has the more edge over Bitcoin because of more established ways of trading it. But why I would always chose Bitcoin is because of the volatility of the asset irrespective of the fact that gold holds more value over a longer period.

I don't know how people consider bitcoin and gold. For some reason there is always a reason to state bitcoin is better than gold, same as that gold is better than bitcoin. In my experience I find bitcoin to be good, because if I've invested the amount I've spend on gold now I could've turned myself a millionaire. In some occasion the gold I've got helped in getting loan keeping it as collateral. Somehow I'm on the side of bitcoin, because of its limited supply whereas gold has got rare availability. Still through exploration more gold mines can be found.

This is the volatility I am referring to in my own way, gold is actually an asset that can hold value over a longer time but practically, if you invest $100 into these assets each, you find out that Bitcoin is bent to perform way better and fetch more profits than gold would with the same amount of money invested.

Then again, for an asset with limited supply, there truly has to be something about that assets which distinguishes it from any other if it’s calibre.

[TheUltraElite]

if I may choose both, because for me both are assets that can provide benefits in different ways, where btc if it gives profits can be doubled, and gold has a stable value in every investment, there must be advantages and disadvantages of each so we don't need to compare gold and btc to be supported

They both have their pros and cons and the answer to the OP's question is clear - it is a personal choice, an apples and oranges comparison.

I would buy gold when its price goes down and I usually dont sell it because it is something I keep for the long term and will be passing on to my next of kin. Bitcoin is something I buy again when its price is low and sell it regularly when the price goes up so I can recycle the money and use it to buy again, this is apart from the portion of bitcoin I have kept for long term.

Gold is more of an aristocrat in my portfolio while bitcoin is a daily horse just like fiat is.

[romero121]

if I may choose both, because for me both are assets that can provide benefits in different ways, where btc if it gives profits can be doubled, and gold has a stable value in every investment, there must be advantages and disadvantages of each so we don't need to compare gold and btc to be supported

They both have their pros and cons and the answer to the OP's question is clear - it is a personal choice, an apples and oranges comparison.

I would buy gold when its price goes down and I usually dont sell it because it is something I keep for the long term and will be passing on to my next of kin. Bitcoin is something I buy again when its price is low and sell it regularly when the price goes up so I can recycle the money and use it to buy again, this is apart from the portion of bitcoin I have kept for long term.

Gold is more of an aristocrat in my portfolio while bitcoin is a daily horse just like fiat is.

Agreed, everything have got its pro and cons. Myself give importance to bitcoin more than gold as an investment. This is because of the growth it has attained in a short time period. When it comes to gold the preference is based on the usage access. As bitcoin isn't widely accepted I find gold to be settled as a collateral for loan requirements.

Nowadays there are services provided in exchange of bitcoin as collateral, but I find this to be risky even when it is done through trusted platforms.

[blockman]

if I may choose both, because for me both are assets that can provide benefits in different ways, where btc if it gives profits can be doubled, and gold has a stable value
in every investment, there must be advantages and disadvantages of each so we don't need to compare gold and btc to be supported

You're right, there are advantages and disadvantages to every investment. But if you've started investing in bitcoin then you're more familiar with risk and volatility for which any investment you do is easier than it. You're already accustomed to the high risk that you've taken for bitcoin and if you've got more money to spread in other assets, choosing gold is a good option don't limit yourself to just these assets because if you discover the other assets, you'll like to invest also into them to increase your portfolio.

[BlockchainMentors]

The established system of gold for trading, weighing and tracking is ancient and recognized that it is not easy to steal or counterfeit. In many countries, you cannot cross a border while carrying gold without regulatory permission.When investing in gold, you will usually be able to buy it only from registered dealers. You should only buy physical gold if you can store it safely.Bitcoin is also difficult to steal and counterfeit, thanks to its encrypted and decentralized system. With a few exceptions, it is generally legal to use across the borders of different countries. However, the regulatory infrastructure in place to ensure this does not yet exist – the anonymous nature of cryptocurrency also makes it challenging to regulate.Therefore, according to me, both have a good future and should invest in both, those who do not know the technology of bitcoin now, they are a little afraid of it and And also think that their money should not be drowned and those who believe more in physical gold invest in it, so it is up to you whether you are interested.

[Isoprofit]

Bitcoin is more valuable than gold because there are currently 18.74 million bitcoins circulated everyday, whereas there are 244,000 metric tons of gold in existence. Basically, the scarcer the product, the more costly it is. Which is why bitcoin is more valuable than gold. But when it comes to my preference, I’d rather choose to invest in both. Because they do not belong to the same field. Bitcoin is a digital asset whereas gold is a metal asset. It’s important to diversify your holdings for better risk management.

[Sebas.tian]

I like both. Gold has its physical uses and bitcoin is much more secure and easy to verify. You don't need a bag to carry bitcoin around and you don't need scales to be able to verify its real value.
On the other hand, you won't make pretty jewelry out of bitcoin and you won't get a good electrical connection with it. Gold lovers will have their points and bitcoin lovers will have theirs. To each their own.

I think, both Gold and Bitcoin are very good for anyone to invest his or her capital and have something good to achieve in the future. But I prefer Bitcoin investment than Gold investment, because during the pandemic many Gold investors were not happy about what they were experiencing from their investments which the income was not encouraging at the moment, but Bitcoin investors were very happ for the massive income they were receiving from their investment during the pandemic that took over 1 year and some months, which many investors are still ready to invest more money on Bitcoin than Gold in this season.

[arwin100]

I like both. Gold has its physical uses and bitcoin is much more secure and easy to verify. You don't need a bag to carry bitcoin around and you don't need scales to be able to verify its real value.
On the other hand, you won't make pretty jewelry out of bitcoin and you won't get a good electrical connection with it. Gold lovers will have their points and bitcoin lovers will have theirs. To each their own.

I think, both Gold and Bitcoin are very good for anyone to invest his or her capital and have something good to achieve in the future. But I prefer Bitcoin investment than Gold investment, because during the pandemic many Gold investors were not happy about what they were experiencing from their investments which the income was not encouraging at the moment, but Bitcoin investors were very happ for the massive income they were receiving from their investment during the pandemic that took over 1 year and some months, which many investors are still ready to invest more money on Bitcoin than Gold in this season.

I invest on both asset but what the most preferred for me at the moment while bitcoin didn't get much adoption yet is gold because we know that price of it keep growing and we can safely say that this can be our safe heaven when crisis hits compare to bitcoin which can easily get affected by certain fuds that might happen on it. But its undeniable that many investors are happy if they are smart in their investments this is why we need to learn the fundamentals for us not to get caught by any fuds and can earn with bitcoins.

[bitzizzix]

If you want low risk, low reward, use gold.
If you want high risk, high reward, use bitcoin.
and if this question were directed to my wife, my wife would definitely choose gold because it is real and can be used as a beautiful and precious accessory.
and if i had to choose i would definitely choose bitcoin or crypto that's why i'm here and although it's high risk if we can study and understand it well risk can be avoided most importantly be patient.
but when talking about the risk of gold, there are many risks, because it is real and used the risks will lead to crime and can even result in loss of life.

[Prince Malik]

Even with its high volatility but i think Bitcoin is the best investment, the Bitcoin uses cases are many and we still just in the beginning, with more mass adoption i think Bitcoin will hit very high prices in the future