Will you be in favor of Gold or Bitcoin !!

[nullama]

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.

Norway would be one example of a rich and strong country, and they basically have no gold reserves.

[TheUltraElite]

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.

The long term value of both are good. There will always be these choices to make but the chance of getting the maximum profits is getting both gold and bitcoin without getting altcoins at all.

Even though at this juncture we think that there are one and only investments, getting both is the best possible way for any trader. One going down will always give you calm when the other one remains in place. Be diligent about these things and don't be stubborn about only one asset.

[Derbind]

These are not comparable. These assets are of different natures and comparing them is not a good approach.

[lucates]

In any case I believe that comparing bitcoin with other stuff that don't even fall in the same category as bitcoin (the currency) is wrong. Both gold and bitcoin serve different purposes than one another. For example you can't really use gold to pay for stuff easily but bitcoin is designed to do exactly that.

As you say, the comparison probably won't be quite right in every respect, fiat, gold, bitcoin, each with its own characteristics and used for different purposes. But people compare because they want to prove that bitcoin is good, it includes the features of gold and fiat. So if bitcoin is widely used then it is considered as all-in-one solution, it can be both a storage asset and a payment method.

Before investment, everyone would compare the available investment opportunities and they stand with whatever the option is trust or promising them. There are no best or worse choices because, according to their knowledge and belief they choose, if they get a decent return, then their choice is not a failure.

[Gyfts]

...

If you're investing in gold for a return you're not investing right, so it's fair for Norway not to keep gold within its reserves. Gold is an alternative investment someone might diversify into in order to protect their wealth from inflation. You shouldn't reasonably expect a large profit, if any.

[noormcs5]

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.

Both bitcoin and gold have a lot of potential however most people think that gold is more trustable as it is being used for many many years while bitcoin is relatively new and very much volatile.
Best scenario will be to invest both in bitcoins and gold and keep your funds in both of these valuable assets. This will not only minimise your risk in your investment but also give you the opportunity to gain the maximum out of the both.

[Yamifoud]

...

If you're investing in gold for a return you're not investing right, so it's fair for Norway not to keep gold within its reserves. Gold is an alternative investment someone might diversify into in order to protect their wealth from inflation. You shouldn't reasonably expect a large profit, if any.

Gold is literally good for long-term investment as the price keeps on growing but if we think about earning a profit in the short-term, we can't expect much for it as it only has a small increment. But if we talk about Bitcoin, the volatility of its price gives a reason why many people are preferred to take risks because they know that can earn and multiply their money.

However, Gold assured safety while Bitcoin is prone to hacking which is only ideal for risk takers and techy individuals.

[nullama]

~snip~

Gold is literally good for long-term investment as the price keeps on growing but if we think about earning a profit in the short-term, we can't expect much for it as it only has a small increment. But if we talk about Bitcoin, the volatility of its price gives a reason why many people are preferred to take risks because they know that can earn and multiply their money.

However, Gold assured safety while Bitcoin is prone to hacking which is only ideal for risk takers and techy individuals.

Yeah, I would say Bitcoin is probably only for techy people.

Most normal people need a third party to manage their money, and they would never manage their own Bitcoin, which is the whole point of it. The moment you give your Bitcoin to someone else, then it becomes the same as the old money.

[Joswa Russell]

I can’t compare these two. I have my money in both of them and it seems that they are good for long term trading rather than short term gains. I have a bigger picture in mind and I am not really much influenced by whatever is happening in the market at the moment.

[bitterguy28]

This question should be not ask in a Bias community like this? the title itself is Bitcointalk, and Bitcoin section so do we really believe that people will choose GOLD instead of Bitcoin?
No i don't think so though we are also having some gold inside our wallets but of course majority of us or majority of our holdings are in bitcoin form and only small part from Gold.

I can’t compare these two. I have my money in both of them and it seems that they are good for long term trading rather than short term gains. I have a bigger picture in mind and I am not really much influenced by whatever is happening in the market at the moment.

good for you mate , because the only gold that is in my hands is actually in my wife, because She is the one who loves gold and I am for Bitcoin .

[Mauser]

Bitcoins are more valuable to me than gold, whereas my parents would pick Gold over bitcoins. I think it's mostly a generation thing, for us today is bitcoins what was gold for our parents and grandparents back in the day. The volatility is what put some people off crypto currencies, but that is just part of the price finding process. Crypto currencies are still fairly new and need to find their place in the world. Eventually bitcoins and other coins will be more stable. And as long as you don't sell you didn't lose anything. In a few years the prices will be much higher again and gold will look poorly compared to bitcoins. Also how could I store large amounts of gold securely? At home no way, at bank also no way. Banks already have to much influence into our life.

[josgandosbro]

Bitcoin is best investment of the future saving. It any time to increase the price. So time to buy and sell the bitcoin.
But you can buy the God it not easy to use any time any where. Bitcoin is any time to use and any where. God also any time to price up and dow. God not easy for use every time. Bitcoin change any country currency and time to buy and sell the bitcoin. So plan to work and time to accts.

[Newlifebtc]

Bitcoin is best investment of the future saving. It any time to increase the price. So time to buy and sell the bitcoin.
But you can buy the God it not easy to use any time any where. Bitcoin is any time to use and any where. God also any time to price up and dow. God not easy for use every time. Bitcoin change any country currency and time to buy and sell the bitcoin. So plan to work and time to accts.

Before the creation of Bitcoin Gold was the currency that is threading after fiat currency and i believe that since it adoption gold have no relevant value to the world again. Bitcoin is a digital currency that is good for investment and which is faster for exchange from one country to another country. That is why people like bitcoin than gold because gold don't have recognition again for the investment

[TimeTeller]

Bitcoin is best investment of the future saving. It any time to increase the price. So time to buy and sell the bitcoin.
But you can buy the God it not easy to use any time any where. Bitcoin is any time to use and any where. God also any time to price up and dow. God not easy for use every time. Bitcoin change any country currency and time to buy and sell the bitcoin. So plan to work and time to accts.

Before the creation of Bitcoin Gold was the currency that is threading after fiat currency and i believe that since it adoption gold have no relevant value to the world again. Bitcoin is a digital currency that is good for investment and which is faster for exchange from one country to another country. That is why people like bitcoin than gold because gold don't have recognition again for the investment

I don't agree with what you said though about gold.
Gold up until now is recognized as one of the tangible assets that you can invest even to this age.
Also, it is not only for investment purposes but gold is a vital component in a lot of electronic and jewelry industries.
So yes, I don't agree that gold has no relevant value in the current world situation.
Because it is still relevant and it is one of the most stable assets that you can hold onto.
And with that being said, if you have the chance to own gold, then, go for it. Diversify your portfolio as much as you can.

[TheGreatPython]

I can’t compare these two. I have my money in both of them and it seems that they are good for long term trading rather than short term gains. I have a bigger picture in mind and I am not really much influenced by whatever is happening in the market at the moment.

Why you can't compare them? Tell me, are you afraid to know their con's? and maybe after knowing it, that will discourage you to put your money on one of them. Fine if that is what you want. Owning the two still have a benefit since both of their value are known to grow over time.

It's okay to not care of the news or what is happening around because the coin that you hold are not those new coins which needs a lot of supervision, not only because their value can drop or they can turn into a scam later on but also because they can do some updates or migration which requires hodlers do some action to obtain the new version of the coin.

[btc78]

Some people are valued gold currency because gold is a digital currency before the existence of Bitcoin

What are you talking about? since when that gold as DIGITAL CURRENCY? where did you get this information ? how can you use Gold in digital way?

 as a cryptocurrency so right now many people have queue up to invest into cryptocurrency such as bitcoin and other related coins knowing that it is an asset because the investment of cryptocurrency values to the society because it is not an asset that is why people like to invest into digital than manual businesses

Sorry , but does anyone here really understand what this post means? I am trying to dig deeper but yet? there is nothing I can find but nonsense .

[Biscutard]

Some people are valued gold currency because gold is a digital currency before the existence of Bitcoin

What are you talking about? since when that gold as DIGITAL CURRENCY? where did you get this information ? how can you use Gold in digital way?

 as a cryptocurrency so right now many people have queue up to invest into cryptocurrency such as bitcoin and other related coins knowing that it is an asset because the investment of cryptocurrency values to the society because it is not an asset that is why people like to invest into digital than manual businesses

Sorry , but does anyone here really understand what this post means? I am trying to dig deeper but yet? there is nothing I can find but nonsense .

We can't deny the fact that the gold don't depreciate and as time goes by only limited resources of golds are in the hands of government and people. But investing in bitcoin is also aiming for appreciate even though it has downfall sometimes but time will always come for an profited effort. Investing gold requires only a general knowledge and minimal studies while investing crypto requires a lot of comprehension and studying the market for you to gain extra money from that.

[SirLancelot]

Bitcoins are more valuable to me than gold, whereas my parents would pick Gold over bitcoins. I think it's mostly a generation thing, for us today is bitcoins what was gold for our parents and grandparents back in the day. The volatility is what put some people off crypto currencies, but that is just part of the price finding process. Crypto currencies are still fairly new and need to find their place in the world. Eventually bitcoins and other coins will be more stable. And as long as you don't sell you didn't lose anything. In a few years the prices will be much higher again and gold will look poorly compared to bitcoins. Also how could I store large amounts of gold securely? At home no way, at bank also no way. Banks already have to much influence into our life.

It is understandable, parents are usually old, not when they have a little baby, but when they have an adult who are making their own investment decisions, by that age we are talking about something much better. However, we are talking about something that could go a lot better if we know what we are doing, which is the fact that we could end up with people who are 60+ years old.

Even we could be closed to discussion about some stuff in our lives, and when people are 60+ years old, they do not really want to open themselves up to crypto and what it means, they do not care about it, they already lived most of their life and they just want to retire in peace.

[Reatim]

will always be for Bitcoin , but will not deny the chance ? of buying Gold also for keep safe and in case there is a big or some issues that will happen in the future.

I can’t compare these two. I have my money in both of them and it seems that they are good for long term trading rather than short term gains. I have a bigger picture in mind and I am not really much influenced by whatever is happening in the market at the moment.

practicality mate , and that is how we can take our funds being safer lol.

Some people are valued gold currency because gold is a digital currency before the existence of Bitcoin as a cryptocurrency so right now many people have queue up to invest into cryptocurrency such as bitcoin and other related coins knowing that it is an asset because the investment of cryptocurrency values to the society because it is not an asset that is why people like to invest into digital than manual businesses

Sorry but I never heard something about Gold as a Digital currency , as far as I know that this is a Physical form of currency in the early ages ?

[kotajikikox]

Will Only have one stand and that is a full support for Bitcoin , I am here because I trust this currency and trust this for My family's future.

i am for Gold but just a small part , maybe for safe keeping at least I am ready to what will ever happen in the future as we dont know what this would be.