Will you be in favor of Gold or Bitcoin !!

[CryptoBuds]

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.

If your wife is as knowledgeable about bitcoin as you are, I believe she will also choose bitcoin. Bitcoin is still not widely available because many people still do not know and understand what it is.

Bitcoin can give high returns but it is very volatile in a short time, gold is more stable because to balance the investment we should invest in both for the most optimal profit. The same as you, I invest in bitcoin because I know about bitcoin, but like your wife, my wife wants it to be safe, so now our investment is both bitcoin and gold.

[Stella Mese]

I, prefer bitcoin, over gold. because the supply of bitcoin is only 21 million.while the supply of gold is very much .,
Moreover, people have started to find gold in large quantities like in Uganda .  so I think bitcoin is superior. and suitable for future investment.

[kotajikikox]

I often see thread that almost ask the same thing about favoring or wanting Bitcoin or Gol but my stands stays.

Bitcoin will be my 80% of funds ready ? and the 20% goes to Gold in different kinds.

I still believe that we must have a Physical funds like Gold as we cannot assure future, and also in times of big bad event? we cannot use Bitcoin while gold can be for the whole world usage .

[CryptSafe]

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.


https://www.bloomberg.com/news/articles/2022-06-29/deutsche-bank-says-bitcoin-could-reach-28-000-by-year-end



Personally, I think both Gold and Diamonds will not be comparable to Bitcoin.
Gold is still abundant on earth that humans have not yet exploited,
You know, Diamonds are something that we can make if we want more, Bitcoin is not, there is a limited 21 million Bitcoins and then no one will be able to generate more than one new BTC.


The Republic of Uganda, is a country located on the African continent.
On June 8, 2022, Uganda said it had discovered 31 million tons of gold ore, which could generate 320,158 tons of gold, more than the current total gold in the world is 201,296.
This is only one-way information from Uganda and has not been recognized by the world gold council, but it shows that it is difficult to know exactly how much gold is in the world, there may be a lot more out there. Regarding Bitcoin, no one can deny that there is only 21 million BTC.

https://news.bitcoin.com/uganda-claims-exploration-surveys-discovered-31-million-metric-tons-of-gold



Good luck

Duke

In reality, gold should be more expensive and costly in terms of exchange for Fiat and other commodities but the reality is that gold is currently excess in circulation this alone would gradually reduce the price of gold in time to come. Now looking at Bitcoin, 
We all know that it was the first blockchain and digital currency to first emanate. For that reason, it was tagged digital gold and a store of value which prompted the gradual increase in btc price. Now as we all know, Bitcoin is just 21million  total supply which means that there is scarce supply of  Bitcoin with the world population of 7.8billion  people now if gradually the demand for btc starts increasing, the more valuable the price of Bitcoin and so it would continue to increase because of its limited supply.
So now with the comparisons, you can we for yourself that Bitcoin got more edge than gold.

[GeorgeJohn]

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

From ancient time people values gold but since the existence of Bitcoin everybody who died digital currency group in cryptocurrency especially Bitcoin, to all the investment of digital currency is now shifted to Bitcoin, so I believe that with the level of cryptocurrency exposure. Gold investment has been eliminated and people now dance the turn and follow the pathway of bitcoin for investment.

[adzino]

YOu can't be comparing gold and bitcoin. They both are entirely two different things. But, yeah, bitcoin is some sort of "digital gold" (or diamond like the article says. But why diamond? diamonds aren't scarce at all). But investing in Gold is more safe than that of investing in bitcoin. It is less volatile and less risky. But if you think about long term holding, then Bitcoin is what I would favor. In the long run, bitcoin would be giving us more profit than gold.

[CryptoBuds]

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.

If your wife is as knowledgeable about bitcoin as you are, I believe she will also choose bitcoin. Bitcoin is still not widely available because many people still do not know and understand what it is.

His wife may prefer to use gold due to beautify her self. But if she thinks of it as an asset and to be aware of its potentiality, she might sell her gold and try to buy Bitcoin as much as she can. This is not unrealistic. Today the price of Bitcoin is much lower from the ATH the current price is 1 Bitcoin = about $22000 there is no scope to say less.

Jewelry is just a part, you cannot wear all the wealth( gold) that you own on your body. It is simply a fact that women are not as willing to take risks as we men, and they will not invest in something they do not have enough knowledge about. Even if his wife and my wife are fully aware of bitcoin, I believe that they will still choose gold over bitcoin for reasons of security and certainty.

[peter0425]

https://www.bloomberg.com/news/articles/2022-06-29/deutsche-bank-says-bitcoin-could-reach-28-000-by-year-end



Duke

seemingly that Bitcoin is near going to 28k even earlier that expected? maybe not even in the end of 3rd quarter that bitcoin will take ahead of 28k or even reaching 30k again.

https://coinmarketcap.com/currencies/bitcoin/

seeing this touched 23k more this day? and some good percent in the last 24 hours?

maybe market is now responding to the recent dumping and will surely goes up one more time before the end of 2022.

[suzanne5223]

I often see thread that almost ask the same thing about favoring or wanting Bitcoin or Gol but my stands stays.

This is what always happens when we're in a bearish market season. People always ask some questions that have to do with the Bitcoin price and the possibility of the market making a comeback from the bear.
I believe they are asking and posting this question just to strengthen their stance about the market.

Bitcoin will be my 80% of funds ready ? and the 20% goes to Gold in different kinds.

I will always go for Bitcoin 100% and if I choose Gold it will be only for jewelry.

I still believe that we must have a Physical funds like Gold as we cannot assure future, and also in times of big bad event? we cannot use Bitcoin while gold can be for the whole world usage .

Why can't use Bitcoin in times of big bad events? Don't remember that Bitcoin was the most used asset during the world's total lockdown. Isn't that also a big bad event.

[cloudfir3e]

gold and bitcoin assets are indeed very promising for long-term investments.
The price of bitcoin that continues to skyrocket even touching a market capitalization of US $ 1 trillion makes many investors look at bitcoin crypto assets, but in investing in crypto assets, bitcoin still has a high risk because the price tends to go up and down. while gold itself is still seen as the safest hedging asset.

These two assets are often compared after investors believe that Bitcoin and gold are two effective instruments for protecting wealth from the specter of inflation. The benefits of these two assets were increasingly visible after fiscal and monetary policies in several countries continued the easing trend. Where, it will also cause an increase in the inflation rate.

to be able to choose or support between gold or bitcoin assets depending on the purpose and use of the investor in investing.

[spectre71]

Ahh the good ol Gold vs BTC, Schiff vs Pomp and bloods vs crips street wars.

If you call yourself an investor and your all in / over heavy on any one thing your an idiot unless you own the company.

Gold and BTC are part of an overall portfolio.

Keep a plan, rebalance to it and keep emotion out of it. Example: I am removing my REIT's as the market has changed against them (bubble). I made money and move on, probably physical gold.

BTC? I bought a chunk at 19k and will sell it at 25k or Tuesday whichever comes first and will probably go into physical silver. Develop re entry plan after Wed shakes out. BTC is going to follow tech stocks until that changes, probably when the market cap is higher and better diversified around the world. Youtubers in moms basement pointing at candlesticks and intersecting lines and listening to people "beliefs" is for entertainment. Dalio, O'leary and the bunch all have a metals position.

Cypto is great, it's the future and the USD is crumbling and being challenged as a world currency. Who knows how this plays out.

I stay out and safe from the crypto circle jerks pumping eachother up to the moon.

In favor of gold or bitcoin? Both in the correct balance at the right time.

[YOSHIE]

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.

Do we have to compare Gold and Bitcoin here, I don't think so, of course I have a different understanding of Gold and Bitcoin.

Until whenever, I have no idea in my brain to measure gold and Bitcoin, think logically.
• When was gold found and when was Bitcoin discovered, did gold have a max limit, such as Bitcoin only 21 million pieces and whether gold was traded like Bitcoin in the crypto market or whether real Bitcoins like gold could be held, of course this question everyone has answer.

About support, it must have principles, of course I will support both.
Reason:
• My Bitcoin supports as long as, internet, crypto market is running and accessible, of course in digital currency trading, I support Bitcoin.
• Gold of course I have to back up in storage and a real asset for me.

Honestly, I don't care about the price of gold and Bitcoin, the bottom line: Bitcoin is traded and invested, profits can be bought for gold and stored, gold and Bitcoin are different facts, but they earn.

[hZti]

Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

[spectre71]

Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

Your talking from two mouths here.

"bitcoin can never really loose it's value"......... really.... Never loose it's value like gold...... really really really?

Wow, just wow..

Jim Jones actually served Flavor-aid not the "Kool Aid" as circulated. But drink up, use it as a mixer I don't care.

[nullama]

Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

Well, you can of course look at a nice shiny object made of gold, but you can also watch a visualisation of the blockchain, the transactions, Bitcoin balances, and .any other aspects of Bitcoin.

I actually prefer looking at Bitcoin than any other physical object.

There is some kind of nice feeling knowing that something so valuable can be invisible to the naked eye. It's the same with air for example.

[lionheart78]

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.

Most women love shiny things.  Only a few can acknowledge non-tangible assets.

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.

Are you saying because it is tangible? Since you are portraying a robbery scenario here.  Bitcoin is also real and may also lead to crime and even result in loss of life.  But the good thing with Bitcoin is, that it isn't tangible and can be easily hidden.  As long as you don't share your secret, then it is all good.  Btw, I favor Bitcoin over Gold because Bitcoin is much easier to use as a currency than gold.

Since bitcoin can never really loose its value -like gold-,

Can you explain why the Bitcoin market fluctuates then?

[carlfebz2]

Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

Well, you can of course look at a nice shiny object made of gold, but you can also watch a visualisation of the blockchain, the transactions, Bitcoin balances, and .any other aspects of Bitcoin.

I actually prefer looking at Bitcoin than any other physical object.

There is some kind of nice feeling knowing that something so valuable can be invisible to the naked eye. It's the same with air for example.

Why would need to choose if you could able to buy both if your budget or fund allocation permits you? Some are just too focused on bitcoin or on crypto without even thinking about traditional investments which

neither be in gold, stocks,indices,forex etc. which it could really give out that kind of security on some aspect specially on gold but its on personal choice though since we do have different inputs or insights
on different things in terms of investment.

If you do love shiny things and a bit security then you would really be choosing up gold but if not then you would opt for bitcoin but if you do have the money
then why not go for both?

[nullama]

Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

Well, you can of course look at a nice shiny object made of gold, but you can also watch a visualisation of the blockchain, the transactions, Bitcoin balances, and .any other aspects of Bitcoin.

I actually prefer looking at Bitcoin than any other physical object.

There is some kind of nice feeling knowing that something so valuable can be invisible to the naked eye. It's the same with air for example.

Why would need to choose if you could able to buy both if your budget or fund allocation permits you? Some are just too focused on bitcoin or on crypto without even thinking about traditional investments which

neither be in gold, stocks,indices,forex etc. which it could really give out that kind of security on some aspect specially on gold but its on personal choice though since we do have different inputs or insights
on different things in terms of investment.

If you do love shiny things and a bit security then you would really be choosing up gold but if not then you would opt for bitcoin but if you do have the money
then why not go for both?

Well, one reason to not invest in gold is that I find it very difficult to protect and carry.

Also it's a bit difficult to invest different amounts of money, unless you're simply buying gold stores somewhere else, which kinda defeats the purpose.

Also, I'm always a bit paranoid that the gold being sold is basically fake.

Most of the shops that buy and sell gold look very shady. I know that some countries have proper gold buying/selling locations, but what if I have to move to another country?

Also, moving gold around seems stressful.

With bitcoin all those issues don't exist

[Nicholas Schaefer]

Both have tremendous potential but investing in any of them depends on your risk tolerance, investment strategy, and investment capital. With the advancements in technology and going along the race, investments in bitcoin have become quite popular now-a-days.

[Mr. Magkaisa]

I can't compare bitcoin to gold because they are both different in many ways. Although I aspire to have both Bitcoin and Gold. Also, Gold has been used for a long time around the world and is often used as a backup in each country, any country that has a backup of a lot of gold can be said to be one of the strong countries, and when it comes to virtual assets or digital currency Bitcoin, on the other hand, is the most prominent aspect of this industry.