Hold Bitcoin VS Hold Gold

[fathafraink]

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.

Between Gold and Bitcoin BTC

 First, let's look at the historical side. Of course, Gold's history is much longer than Bitcoin's. Gold has existed since this world was created. Even thousands of years ago. Gold has been used as money and a medium of exchange since 550 BC in Lydia. While Bitcoin has only existed since January 2009. So Bitcoin historical data is not as far and long as gold.

 The second, we see from side of the creator. The creator of Gold is the universe, and the scientists believe gold came from meteorites that rained down on the earth 200 million years after the earth was formed. While Bitcoin was created by Satoshi Nakamoto , we still don't know who this Satoshi Nakamoto really is. He could be very smart person, It could be an institution, it could be a community group, or even it could be a creation of AI or Artificial Intelligence (My wild thought). We never know who Satoshi Nakamoto is. Bitcoins are man made, it's man-made. But Bitcoins cannot be re-created or increased in number (The Supply).

 The third we will compare the amount of supply. Exactly how much is the maximum amount of gold supply?. We don't know, It could be suddenly find so many new gold sources that can be mined, so when there is additional supply, the assets will no longer be rare and worthless, so in the end the price goes down. While Bitcoin, the maximum supply is only 21 million coins and cannot be added again forever, This is what makes Bitcoin become so rare.

 The fourth is environmental issue. Well, environmental issues are becoming an important issue in the 21st century. Many parties (included some companies or firms) are vying to reduce their carbon footprint. For example, China has a carbon-free target by 2060. Mining gold from deep within the earth has a tremendous impact on the environment. And this is irreversible damage, while Bitcoin when compared to gold is more environmentally friendly, Because Bitcoin can be mined using renewable energy or cheaper energy. Bitcoin mining does not permanently damage the environment. In fact, there is no damage at all to Bitcoin mining activities. Because it happens on a computer network.

 Fifth, let's look at the monetary function. Even though gold is real money, money from the universe. And it was once considered money. But in the 21st century, gold has no monetary function. In the 21st century, gold is impractical, not portable ( as I said before in my last topic in Bitcoin Discussion) , and instead of making transactions easier, if we use gold , it makes transactions in this digital era more difficult. Wealth in the form of gold is not easy to move, especially across countries, during disasters, or wars. While Bitcoin makes transactions easier, because it can be done quickly through the Lightning Network, it can even cross countries. Bitcoin is also easily broken down to 1 satoshi, 1 satoshi is 0.000000001 Bitcoin, Zero by zero eight times behind. Bitcoins are also portable, Very easy to carry everywhere, because it's digital, can be accessed anywhere, the important thing is that we know our phrase. The price (value) of Bitcoin everywhere must be the same around the world, and as I said, the number of Bitcoins is limited, while the maximum amount of Gold supply is still unknown. Then about the risk, If this risk context is financial value, Gold is definitely very safe, Because the price is more stable and less volatile, but that doesn't mean there's no risk in saving gold, The risk of storing Gold is that the first is a thief, Yup, gold is very easy to steal. Why in ancient times did many kingdoms attack each other? Of course they were looking for gold. For example, in 215 BC, Rome stole gold from Macedonia, or after the Nazi fell, the gold was divided equally between America, Britain and France. Hmm, isn't it kind of theft too?. Gold storage is also difficult, to store large amounts of gold, you need a special place, tight security, and other thing, it's hard to move Gold in large quantities. Bitcoin is here as a solution to all of that. Bitcoins cannot be stolen. The Bitcoin network also can't be hacked.

Well, I think that’s all information about Hold Bitcoin VS Hold Gold. I really want to give you more informations, But I think it will be boring if the thread become so long to read, So I stopped, but also I think it’s a good way too for opening a discussion. I hope this thread could be a good discussion to expand our information and knowledge (well, inspite of there are people also said that News isn’t a Knowledge, I dont agree with that).

I also have a long answer of these questions :
 - Why Bitcoin can't be hacked?
 - So when is the right time to buy Bitcoin?


Sources / References :  - https://www.gold.org/history-gold/gold-as-currency
                                       - https://www.bbc.com/news/science-environment-14827624
                                       - https://en.wikipedia.org/wiki/Bitcoin
                                       - https://chinadialogue.net/en/climate/chinas-2060-carbon-neutrality-target-opportunities-and-challenges/?amp&gclid=CjwKCAjwv8qkBhAnEiwAkY-ahjB_SI6Zsh-2s-FJyIT3gm2BuieqXhbF873STTearZIntxLYO63NDhoC734QAvD_BwE

[1715139377]

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[franky1]

looking at historical data


gold potential
 400     2500
||||||||||||
           ^gold position

btc potential
 15k         70k
||||||||||||||
       ^btc position

anything more need to be said?

edit to reply to below
seems more needs to be said

yes in a known strategy of buy low sell high bitcoin is in the low whilst gold is at its high
so yes bitcoin has more upside potential

[mk4]

- Why Bitcoin can't be hacked?

Nothing, and I mean nothing is hack proof. The thing with Bitcoin is that it just has been battle tested for a decade now, hence why it's very unlikely to be 'hacked'.

- So when is the right time to buy Bitcoin?

If you're bullish for the long term, now. If you're not bullish at all, never. If you want something more specific, then damn go ask a fortune teller.

[fathafraink]

looking at historical data


gold potential
 400     2500
||||||||||||
           ^gold position

btc potential
 15k         70k
||||||||||||||
       ^btc position

anything more need to be said?

Could you describe what it means? does it mean that bitcoin is more potential dan gold for now ?

Nothing, and I mean nothing is hack proof. The thing with Bitcoin is that it just has been battle tested for a decade now, hence why it's very unlikely to be 'hacked'.

The right word is; "Almost impossible to hack"

If you're bullish for the long term, now. If you're not bullish at all, never.

Yes, now is the time for the long term and I already noted for the long answers for the reason, and even recommend to use cold money.

If you want something more specific, then damn go ask a fortune teller.

Fortune teller, I don't think fortune teller is smart people who can describe a fortune specifically as its name

By the way,in Indonesia, the fortune teller called as "Smart People", but most of them are poor and lack of future.

[mindrust]

It is not one or another imo. Gold and bitcoin both have their place in the financial system. (or outside the system) Bitcoin is fundamentally better than gold but it has one flaw. It is still digital. The problem with this is, we still live in a physical world (no metaverse isn't going to change that and the internet hasn't changed that.) and when/if everything goes down, believe it or not, bitcoin will go down too. The chance of that happening is pretty slim but if it happens, gold will still be up and running.

Bitcoin has almost every layer of safety to protect you from a financial crisis. Gold on the other hand has one more. Gold goes to eleven.

[spectre71]

Boooooooring, the old gold vs bitcoin drivel.

Let's get Schiff and Pomp on here why were at it.

You have a portfolio with hedges and diversity, they are not mutually exclusive but work well together inside a portfolio.

BTC is getting rowdy and will give it a haircut tomorrow to secure my gains. However I will continue to DCA into it.

Don't go myopic 

[fathafraink]

gold will still be up and running.

Inspite of Bitcoin has high volatility, But Bitcoin also will still be up and running. And as I said on the post, We should use Cold money to hold Bitcoin, and holding Gold too, I think.

Boooooooring, the old gold vs bitcoin drivel.

Let's get Schiff and Pomp on here why were at it.

You have a portfolio with hedges and diversity, they are not mutually exclusive but work well together inside a portfolio.

BTC is getting rowdy and will give it a haircut tomorrow to secure my gains. However I will continue to DCA into it.

Don't go myopic  

what I'm saying is the fact that there is peoples who like gold,and peoples who like bitcoin or crypto, and it's not drivel. I think you should use at least a data, so we can have a good discussion here, and maybe it will be a quality discussion, so it could be helpful for other people.

[Flexystar]

How about both assets equally or with distributed investment in both of them. I don’t know why make so much discussion if anyways we are going to listen ourselves and see our investment and manage our investments by all ourselves. Why bother in discussing which one is better. Both seems to have their own profoundness with historical importance. It is already known that both type of assets mentioned will keep growing in terms of pricing because they follow the rule of demand & supply. I think it’s not very long when we will see people trading ton of money for both kinds. I consider one as physical, sovereign type of asset while other as digital, modernised asset. They carry lot of value and that’s important.

[spectre71]

Boooooooring, the old gold vs bitcoin drivel.

Let's get Schiff and Pomp on here why were at it.

You have a portfolio with hedges and diversity, they are not mutually exclusive but work well together inside a portfolio.

BTC is getting rowdy and will give it a haircut tomorrow to secure my gains. However I will continue to DCA into it.

Don't go myopic 

what I'm saying is the fact that there is peoples who like gold,and peoples who like bitcoin or crypto, and it's not drivel. I think you should use at least a data, so we can have a good discussion here, and maybe it will be a quality discussion, so it could be helpful for other people.

It is presented as BTC vs Gold, all or nothing. That is drivel.

I literally explained that you can smartly use BOTH inside a portfolio. That is quality discussion.

You are talking out both sides your mouth

[BD Crypto]

I think this topic is very essential to discuss because I saw some users here are taking about investing in Bitcoin by selling gold or Jewelry.
Here I am adding some points which should be noted before making any decision.

1. Obviously in Long term Bitcoin is much profitable and it has a limited supply. So day by day it's demand and price will increase if no extreme situation happens.  Bitcoin can't assure you a safe and profitable investment because if you invest when it's price is at ATH then you may see a very bad dump at the bear market. But if you buy in deep market then you may have a unbelievable gain than Gold. Again if any major exchange or online wallet have been hacked or any major bad news arrive then market can be cashed extremely.

2. Gold is much valuable and precious and day by day it's price is also moving up but slowly. And there is no limited supply of Gold. It's not much volatile as like Bitcoin and can't be. Again here is lower risks and lower profits. And there is no risk linke dumping Gold's price extremely at a sudden period.

So what I will choose? I will obviously choose Bitcoin investment as it's much profitable and secured but not all the funds or selling all the jewelries. I will invest in Bitcoin a specific amount of total assets. And obviously I will try to choose the right time to invest in. Though it's can't be predicted accurately.

[fathafraink]

How about both assets equally or with distributed investment in both of them. I don’t know why make so much discussion if anyways we are going to listen ourselves and see our investment and manage our investments by all ourselves. Why bother in discussing which one is better. Both seems to have their own profoundness with historical importance. It is already known that both type of assets mentioned will keep growing in terms of pricing because they follow the rule of demand & supply. I think it’s not very long when we will see people trading ton of money for both kinds. I consider one as physical, sovereign type of asset while other as digital, modernised asset. They carry lot of value and that’s important.

Then, let's look again at the fifth section (Monetary Function) which is the gold storage section. Won't it be very inconvenient to store gold? Especially nowadays, technology is very much prioritized, so if we want to send or exchange assets, we only use computers and networks. So how we could send or exchange the gold as fast as sending or Exchange Bitcoin?

It is presented as BTC vs Gold, all or nothing. That is drivel.

I literally explained that you can smartly use BOTH inside a portfolio. That is quality discussion.

You are talking out both sides your mouth

Ok then, so, let's look again at the fifth section (Monetary Function) which is the gold storage section. Won't it be very inconvenient to store gold?so regarding to bitcoin, if we want to send or exchange assets, we only use computers and networks. So how we could send or exchange the gold as fast as sending or Exchange Bitcoin or any other crypto?

[Fivestar4everMVP]

There is always the option for diversification, that is, instead of holding one of the two, you can hold the two, just incase one does not pay, the other can pay, or maybe the both can pay, and that means for profit for you as the investor.

Personally, if it's mandatory that I must choose one between the two, it will always be bitcoin, gold have existed for ages yeah, but I've never been able to invest in it, bitcoin began journey in 2009, and by 2016, I owned my first bitcoin, and this is even because I arrived late to the party..
So I will choose bitcoin, if not for any thing, for its simplicity, bitcoin is much more closer to the common man, the average man can easily access bitcoin more than they Can access gold, so I guess it's OK to say that bitcoin is for the people, while gold is for the elite, and by elite, I mean the government and it's body. So I will rather go with the people than go with the elite..

It is presented as BTC vs Gold, all or nothing. That is drivel.

I literally explained that you can smartly use BOTH inside a portfolio. That is quality discussion.

You are talking out both sides your mouth

Ok then, so, let's look again at the fifth section (Monetary Function) which is the gold storage section. Won't it be very inconvenient to store gold?so regarding to bitcoin, if we want to send or exchange assets, we only use computers and networks. So how we could send or exchange the gold as fast as sending or Exchange Bitcoin or any other crypto?

OP, please respect the rules of the forum, posting back to back can be considered as spamming, please read the rule blow and refrain from such style of posting..

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

If you have multiple comment to reply to, quote and reply to each in one comment, allow atleast, one post after yours, before you post again..

[DeathAngel]

Bitcoin beats Gold in every single category. The only thing Gold has over Bitcoin is longevity but what’s so special about that?

Bitcoin is easily transportable, have you ever tried taking $1,000,000 in Good across a border on your person on a flight? You can store unlimited amounts of Bitcoin on a small hardware wallet.

Bitcoin has increased in price by meteoric magnitudes since the first block was mined. Gold has gone up in price but holding Gold vs holding Bitcoin, even over the last 5 or 6 years is no comparison.

Bitcoin is the future, it will play a huge roll as a store of value, savings feature & means of payment in our lifetime.  Good looks nice but it’s a heavy, dumb rock, it has had its time.

[Aikidoka]

gold will still be up and running.

Inspite of Bitcoin has high volatility, But Bitcoin also will still be up and running. And as I said on the post, We should use Cold money to hold Bitcoin, and holding Gold too, I think.

I feel that both options are really promising, as they have the potential to increase in value over time. If you invest in them now you are likely to see a huge profits in the future.

It's difficult to determine which one is the absolute best since we cannot predict the future. However, I believe that Bitcoin would be the preferable choice or at the very least, it has the potential to make greater profits. Bitcoin is known for its high volatility in terms of price and taking advantage of the current opportunity could lead to a decent gain. I didn't mean to say that gold isn't really to invest on it but I see bitcoin is really better IMO.

[mindrust]

gold will still be up and running.

Inspite of Bitcoin has high volatility, But Bitcoin also will still be up and running. And as I said on the post, We should use Cold money to hold Bitcoin, and holding Gold too, I think.

It doesn't matter if the network is still up (which very well may not be btw unlike what you said) if you have no way to access the network. Short story: "EMP, No electricity, No internet, No satellite access, no working electronic device" etc etc

If you have some gold in your possession however, none of these will affect you. Owning physical gold has its own risks but that's not the topic of this discussion.

[Rruchi man]

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.

Between Gold and Bitcoin BTC

Bitcoins and Gold are both good to hold, and if you can hold both of them, you should without completely choosing one over the other. It does not always have to be a choice, if you can afford to, having some gold and having some more bitcoins is a better choice.

You can safely, closely and easily keep your bitcoins. If it must be a choice between the two and where you must choose, bitcoins should be the choice.

[serveria.com]

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.

Between Gold and Bitcoin BTC

 First, let's look at the historical side. Of course, Gold's history is much longer than Bitcoin's. Gold has existed since this world was created. Even thousands of years ago. Gold has been used as money and a medium of exchange since 550 BC in Lydia. While Bitcoin has only existed since January 2009. So Bitcoin historical data is not as far and long as gold.

 The second, we see from side of the creator. The creator of Gold is the universe, and the scientists believe gold came from meteorites that rained down on the earth 200 million years after the earth was formed. While Bitcoin was created by Satoshi Nakamoto , we still don't know who this Satoshi Nakamoto really is. He could be very smart person, It could be an institution, it could be a community group, or even it could be a creation of AI or Artificial Intelligence (My wild thought). We never know who Satoshi Nakamoto is. Bitcoins are man made, it's man-made. But Bitcoins cannot be re-created or increased in number (The Supply).

 The third we will compare the amount of supply. Exactly how much is the maximum amount of gold supply?. We don't know, It could be suddenly find so many new gold sources that can be mined, so when there is additional supply, the assets will no longer be rare and worthless, so in the end the price goes down. While Bitcoin, the maximum supply is only 21 million coins and cannot be added again forever, This is what makes Bitcoin become so rare.

 The fourth is environmental issue. Well, environmental issues are becoming an important issue in the 21st century. Many parties (included some companies or firms) are vying to reduce their carbon footprint. For example, China has a carbon-free target by 2060. Mining gold from deep within the earth has a tremendous impact on the environment. And this is irreversible damage, while Bitcoin when compared to gold is more environmentally friendly, Because Bitcoin can be mined using renewable energy or cheaper energy. Bitcoin mining does not permanently damage the environment. In fact, there is no damage at all to Bitcoin mining activities. Because it happens on a computer network.

 Fifth, let's look at the monetary function. Even though gold is real money, money from the universe. And it was once considered money. But in the 21st century, gold has no monetary function. In the 21st century, gold is impractical, not portable ( as I said before in my last topic in Bitcoin Discussion) , and instead of making transactions easier, if we use gold , it makes transactions in this digital era more difficult. Wealth in the form of gold is not easy to move, especially across countries, during disasters, or wars. While Bitcoin makes transactions easier, because it can be done quickly through the Lightning Network, it can even cross countries. Bitcoin is also easily broken down to 1 satoshi, 1 satoshi is 0.000000001 Bitcoin, Zero by zero eight times behind. Bitcoins are also portable, Very easy to carry everywhere, because it's digital, can be accessed anywhere, the important thing is that we know our phrase. The price (value) of Bitcoin everywhere must be the same around the world, and as I said, the number of Bitcoins is limited, while the maximum amount of Gold supply is still unknown. Then about the risk, If this risk context is financial value, Gold is definitely very safe, Because the price is more stable and less volatile, but that doesn't mean there's no risk in saving gold, The risk of storing Gold is that the first is a thief, Yup, gold is very easy to steal. Why in ancient times did many kingdoms attack each other? Of course they were looking for gold. For example, in 215 BC, Rome stole gold from Macedonia, or after the Nazi fell, the gold was divided equally between America, Britain and France. Hmm, isn't it kind of theft too?. Gold storage is also difficult, to store large amounts of gold, you need a special place, tight security, and other thing, it's hard to move Gold in large quantities. Bitcoin is here as a solution to all of that. Bitcoins cannot be stolen. The Bitcoin network also can't be hacked.

Well, I think that’s all information about Hold Bitcoin VS Hold Gold. I really want to give you more informations, But I think it will be boring if the thread become so long to read, So I stopped, but also I think it’s a good way too for opening a discussion. I hope this thread could be a good discussion to expand our information and knowledge (well, inspite of there are people also said that News isn’t a Knowledge, I dont agree with that).

I also have a long answer of these questions :
 - Why Bitcoin can't be hacked?
 - So when is the right time to buy Bitcoin?


Sources / References :  - https://www.gold.org/history-gold/gold-as-currency
                                       - https://www.bbc.com/news/science-environment-14827624
                                       - https://en.wikipedia.org/wiki/Bitcoin
                                       - https://chinadialogue.net/en/climate/chinas-2060-carbon-neutrality-target-opportunities-and-challenges/?amp&gclid=CjwKCAjwv8qkBhAnEiwAkY-ahjB_SI6Zsh-2s-FJyIT3gm2BuieqXhbF873STTearZIntxLYO63NDhoC734QAvD_BwE

Bitcoin is the new gold. That's why gold bugs are mostly older people, in contrast with Bitcoin, which is mostly being held by the younger investors. Gold, silver and other precious metals' prices are very stable, doesn't fluctuate a lot, by far not so volatile as Bitcoin, therefore less opportunity for huge growth and gains. Just my 2c.

[drwhobox]

LOL I don't want to die holding gold. I want my money invested in the technology and you may already know how gold works and if you are around bitcoin community for long enough or if you just can see the potential of bitcoin you will also pass on gold.

Bitcoin is the future for me, gold is not potential but rather a piece of jewelry for women.

[coinerer]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

[AmoreJaz]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

if you have the means and funds, why not invest in both. it is your advantage if you will take the opportunity of getting a hold of these two. there are pros and cons in both investments. but when you secure some gold assets, you are sure that it won't disappear overnight as it is a tangible asset. the market may go down but you will still be holding your physical gold.
so with this type of discussion, i won't favour one investment over the other. also, do remember the old saying here, don't put all your eggs in one basket.

[larry_vw_1955]

gold or silver they are similar. pretty to look at maybe but a pain in the ass to get rid of. no one really buys them hoping for a quick profit. they buy them as a store of wealth, an inflation hedge but converting them back into fiat and even buying them incurs fees. so the price has to go up quite a bit just to "break even". ever wonder why people that buy gold and silver never seem to sell? that's why. it's hard to. you don't just click a button. unless you don't really own it in the first place...

[Darker45]

It seems this Bitcoin versus gold comparison won't easily die. But I think this isn't simply an either-or situation. If you have so much wealth, you'd better off having both. However, if you have limited savings which you intend to invest on either of them, I think Bitcoin is the better option.

While gold doesn't have to prove anything anymore as far as being a way to keep inter-generational wealth is concerned, the potential of growth is on the side of Bitcoin.

So perhaps it depends on what you are up to with your money. For me, at this point, I'd rather be heavily invested in Bitcoin. It matters whether you're still building or keeping your wealth.

[GreatArkansas]

Gold Versus Bitcoin, the decision of whether to hold Bitcoin or gold is a personal one. Because for me, what I can see on Bitcoin right now is an improved version of gold, or digital version of gold, or modern gold.
Bitcoin somehow is a store of value just like gold but they are not the same in all aspects.
So for me, if you are high-risk tolerance and want a high reward also, go for Bitcoin, we all know how volatile Bitcoin is and it's still early, I'll go with Bitcoin.

[Blitzboy]

From historical to ecological impact, and fiscal functionality, your analysis was thorough. Seen through a 21st-century prism, Bitcoin is an adaptable, fluid wealth form. Its lack of historical depth compared to gold is countered by its swift digital impact. Your stance on supply resonates. Bitcoin's capped limit of 21 million provides an edge over untapped gold reserves. Bitcoin's boundary is transparent and defined.

Ecologically, labeling Bitcoin as greener is debatable. Though Bitcoin mining utilizes renewable energy, it's significant and calls for refinement. Monetarily, Bitcoin's flexibility is unquestionable. Swift, global transactions are a necessity in our digital age, and Bitcoin excels here. On Bitcoin's immunity to hacking, it's attributed to its blockchain technology and the computational complexity to alter prior transactions. As for the prime moment to invest in Bitcoin—it's when you foresee its enduring potential!

[bussybuddy]

Both belong to the economic and financial system, and I don't want to make too many comparisons even though they do have many similarities and differences. From anyone's point of view that keeping what is appropriate is what they want it to be for the benefit of individuals or the community at large, I have in mind the issue of financial position for us to consider. should do what is reasonable, but indeed, holding anything has its benefits and risks. So the story will still revolve around investing, and of course we need questions to have the experience of making the right decisions and being responsible for those things.

[RewFrew]

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.

Between Gold and Bitcoin BTC

 First, let's look at the historical side. Of course, Gold's history is much longer than Bitcoin's. Gold has existed since this world was created. Even thousands of years ago. Gold has been used as money and a medium of exchange since 550 BC in Lydia. While Bitcoin has only existed since January 2009. So Bitcoin historical data is not as far and long as gold.

 The second, we see from side of the creator. The creator of Gold is the universe, and the scientists believe gold came from meteorites that rained down on the earth 200 million years after the earth was formed. While Bitcoin was created by Satoshi Nakamoto , we still don't know who this Satoshi Nakamoto really is. He could be very smart person, It could be an institution, it could be a community group, or even it could be a creation of AI or Artificial Intelligence (My wild thought). We never know who Satoshi Nakamoto is. Bitcoins are man made, it's man-made. But Bitcoins cannot be re-created or increased in number (The Supply).

 The third we will compare the amount of supply. Exactly how much is the maximum amount of gold supply?. We don't know, It could be suddenly find so many new gold sources that can be mined, so when there is additional supply, the assets will no longer be rare and worthless, so in the end the price goes down. While Bitcoin, the maximum supply is only 21 million coins and cannot be added again forever, This is what makes Bitcoin become so rare.

 The fourth is environmental issue. Well, environmental issues are becoming an important issue in the 21st century. Many parties (included some companies or firms) are vying to reduce their carbon footprint. For example, China has a carbon-free target by 2060. Mining gold from deep within the earth has a tremendous impact on the environment. And this is irreversible damage, while Bitcoin when compared to gold is more environmentally friendly, Because Bitcoin can be mined using renewable energy or cheaper energy. Bitcoin mining does not permanently damage the environment. In fact, there is no damage at all to Bitcoin mining activities. Because it happens on a computer network.

 Fifth, let's look at the monetary function. Even though gold is real money, money from the universe. And it was once considered money. But in the 21st century, gold has no monetary function. In the 21st century, gold is impractical, not portable ( as I said before in my last topic in Bitcoin Discussion) , and instead of making transactions easier, if we use gold , it makes transactions in this digital era more difficult. Wealth in the form of gold is not easy to move, especially across countries, during disasters, or wars. While Bitcoin makes transactions easier, because it can be done quickly through the Lightning Network, it can even cross countries. Bitcoin is also easily broken down to 1 satoshi, 1 satoshi is 0.000000001 Bitcoin, Zero by zero eight times behind. Bitcoins are also portable, Very easy to carry everywhere, because it's digital, can be accessed anywhere, the important thing is that we know our phrase. The price (value) of Bitcoin everywhere must be the same around the world, and as I said, the number of Bitcoins is limited, while the maximum amount of Gold supply is still unknown. Then about the risk, If this risk context is financial value, Gold is definitely very safe, Because the price is more stable and less volatile, but that doesn't mean there's no risk in saving gold, The risk of storing Gold is that the first is a thief, Yup, gold is very easy to steal. Why in ancient times did many kingdoms attack each other? Of course they were looking for gold. For example, in 215 BC, Rome stole gold from Macedonia, or after the Nazi fell, the gold was divided equally between America, Britain and France. Hmm, isn't it kind of theft too?. Gold storage is also difficult, to store large amounts of gold, you need a special place, tight security, and other thing, it's hard to move Gold in large quantities. Bitcoin is here as a solution to all of that. Bitcoins cannot be stolen. The Bitcoin network also can't be hacked.

Well, I think that’s all information about Hold Bitcoin VS Hold Gold. I really want to give you more informations, But I think it will be boring if the thread become so long to read, So I stopped, but also I think it’s a good way too for opening a discussion. I hope this thread could be a good discussion to expand our information and knowledge (well, inspite of there are people also said that News isn’t a Knowledge, I dont agree with that).

I also have a long answer of these questions :
 - Why Bitcoin can't be hacked?
 - So when is the right time to buy Bitcoin?


Sources / References :  - https://www.gold.org/history-gold/gold-as-currency
                                       - https://www.bbc.com/news/science-environment-14827624
                                       - https://en.wikipedia.org/wiki/Bitcoin
                                       - https://chinadialogue.net/en/climate/chinas-2060-carbon-neutrality-target-opportunities-and-challenges/?amp&gclid=CjwKCAjwv8qkBhAnEiwAkY-ahjB_SI6Zsh-2s-FJyIT3gm2BuieqXhbF873STTearZIntxLYO63NDhoC734QAvD_BwE

Overall consideration i think Bitcoin is best for hold right now. Bitcoin and Gold both are more valuable and good for hold. But considering current situation Bitcoin is best i believe. Now bitcoin is in uptrend and i think it entire in bull market. So i thik if anyone hold bitcoin he will be huge profitable within short possible time.And i think bitcoin following blockchain technology so it is possible to huck. Blockchain operate through Internet there no need any others account for hold it. So it is more secure. And Since last two years market was down but recently we are seeing market gradually increasing and it seems bull so if we invest now it will be Very profitable. So i think it is right time to Buy Bitcoin.

[rojan]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

[flyingcarpet]

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.

When I asked this question to those around me, I got different answers. Those over a certain age do not give up on gold. However, the preference of those who know bitcoin and are in the young age group is bitcoin. Because they say that the return will be higher despite certain risks. I prefer Bitcoin. Investing in gold is not for me. I think answering this question is about a traditional point of view and a modern point of view.

Those who prefer gold do not like too much price activity, they generally say that they like a small but regular increase. They're getting a bit of a guarantee. They don't like risks.

[Cryptmuster]

Gold Versus Bitcoin, the decision of whether to hold Bitcoin or gold is a personal one. Because for me, what I can see on Bitcoin right now is an improved version of gold, or digital version of gold, or modern gold.
Bitcoin somehow is a store of value just like gold but they are not the same in all aspects.
So for me, if you are high-risk tolerance and want a high reward also, go for Bitcoin, we all know how volatile Bitcoin is and it's still early, I'll go with Bitcoin.

Bitcoin is now going through the stages that gold has done poorly in the past, so Bitcoin as an investment has a much better potential. But if the OP likes gold, then this is a very good option for diversification, some part of the investment may bring less income, but at the same time it will reduce the risk of losing just one asset. We see how WisdomTree, Invesco and Valkyrie, after Blackrock, applied to register a spot bitcoin ETF, when gold passed this stage and we all remember what happened to its price after that.

[Z390]

The old people will surely go for Gold because that's the most valuable thing they know and get used to in the past, but this is a new age where technology is advancing, why the hell will I go for Gold when we have Bitcoin? It's this obvious and Bitcoin have better advantages over having Gold, I will rather hold Bitcoin than holding Gold.

Although, I think involving in both asset is far more safer than investing only in Bitcoin, but I personally like Bitcoin more and I don't think I will be buying any Gold soon or maybe never I can't say for now, I believe Bitcoin is my major prerogative right now.

[Ayers]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

Most people want high profits and to get rich quickly, so they will choose bitcoin over gold. But on the contrary, those with a lot of money, billionaires, will choose gold because they need the safety of their huge wealth. But why don't we hold both? Asset diversification is always a good thing. By investing in both, we can both limit our risk in gold and make a substantial profit in bitcoin. As far as I know, there is no rule that prohibits us from owning both or is forced to choose only 1. So why do we always compare them to find the better one?

[Z-tight]

As far as I know, there is no rule that prohibits us from owning both or is forced to choose only 1. So why do we always compare them to find the better one?

People compare them because they do not have the money to buy both of the assets, they can only buy one, so they want to know which asset has more potential, so they can choose it and invest in it.

Bitcoin is the future for me, gold is not potential but rather a piece of jewelry for women.

Gold does not have any "potential" because everyone knows what gold can and can't do, it is a very old asset and a store of value that people have been using to hold the value of their money for a very long time. I believe when we talk of "potential", it is for newer assets. By the way Gold can be used for other things than just jewelries, though it is one of its use cases.

[fuguebtc]

Gold is indeed a very good asset and has been recognized through thousands of years of history, it will always be the choice of some people, especially the older generations, who prefer safety. And if you ask anyone on this forum, 100% will definitely choose bitcoin because all are willing to take risks to have a lot of money, and bitcoin is what they have been looking for all this time.

Both have pros and cons and are used in different situations, so we see no need to compare. Depending on each person's taste, we should choose assets to invest accordingly. Just because we don't invest in gold doesn't mean it's not good, and vice versa.

[petulino]

LOL I don't want to die holding gold. I want my money invested in the technology and you may already know how gold works and if you are around bitcoin community for long enough or if you just can see the potential of bitcoin you will also pass on gold.

Bitcoin is the future for me, gold is not potential but rather a piece of jewelry for women.

I think there is a lot of hype around Bitcoin these days. Bitcoin is a digital currency and is also known as digital gold. Bitcoin has a lot of importance today but you cannot deny the importance of gold, because people have been investing in gold since ancient times. Both Bitcoin and Gold have their place of importance, but it is also true that Bitcoin has a considerable advantage over gold due to its unique characteristics. If the profit rate is analyzed in gold and Bitcoin, the profit rate in Bitcoin is very high. So I think investing in Bitcoin can be a great and profitable investment for the future, but the use of gold is also very common in our society.

Totally agree with your point that Bitcoin has a lot of potential and gold doesn't have that much potential, and seeing this potential, many people today want to invest in Bitcoin.

[yazher]

Bitcoins and Gold are both good to hold, and if you can hold both of them, you should without completely choosing one over the other. It does not always have to be a choice, if you can afford to, having some gold and having some more bitcoins is a better choice.

You can safely, closely and easily keep your bitcoins. If it must be a choice between the two and where you must choose, bitcoins should be the choice.

It depends on the state of the place where you live because if you are constantly moving from place to place, it's not recommended to hold Gold because you might have a hard time storing it, and it might going to be lost from you. And when you are not like that, and you are staying in a place for long, you can have gold as recommended to hold as an asset, and also you can have bitcoins as well to diversify your wealth, and by that, you will have double amount of income by the time the price of those two assets will increase in the future just like hitting two birds with one stone.

[Obari]

looking at historical data


gold potential
 400     2500
||||||||||||
           ^gold position

btc potential
 15k         70k
||||||||||||||
       ^btc position

anything more need to be said?

edit to reply to below
seems more needs to be said

yes in a known strategy of buy low sell high bitcoin is in the low whilst gold is at its high
so yes bitcoin has more upside potential

I really don't see any reasons  to compare both assets always because I've seen alot of people who do this comparisons especially  when introducing bitcoin to someone new users and hence they try to condemn every other digital asset simply to promote bitcoin.
I might not be a fan of digital asset(gold) but I'm a major fan of physical gold and most times I even advice people to buy physical  gold  especially  when considering  the high volatility of bitcoin especially when referring a long time investment  for someone without much investment capital.

Bitcoins and Gold are both good to hold, and if you can hold both of them, you should without completely choosing one over the other. It does not always have to be a choice, if you can afford to, having some gold and having some more bitcoins is a better choice.

You can safely, closely and easily keep your bitcoins. If it must be a choice between the two and where you must choose, bitcoins should be the choice.

It depends on the state of the place where you live because if you are constantly moving from place to place, it's not recommended to hold Gold because you might have a hard time storing it, and it might going to be lost from you.

I also want to remind you that there are both physical and also digital gold and just as @Rruchi man, there is actually no need to compare the both assets because they are both good and it wouldn't be a bad idea to diversify and if you must choose, I will prefer you keep  you bitcoin especially  for long term.

[minairia3]

OP, what is your reason for investing in bitcoin? Is it because you want high returns, get rich quickly, and because investing in other assets won't yield big and fast returns like bitcoin? I and everyone else are here for the same reason. So when you compare gold vs bitcoin on the bitcoin forum is not appropriate, and you will not get any fair answer. We are all bitcoin investors.

[Kakmakr]

A very important advantage of Bitcoin over Gold is government control. Now here is a piece of history that you might consider ...:

" Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $467 in 2022) per troy ounce.

Source : https://en.wikipedia.org/wiki/Executive_Order_6102

This can happen again...... and it is next to impossible for governments to confiscate bitcoins, if it is stored correctly. 

[Yatsan]

Simple; if you're more into secured asset then choose gold but if you're okay with higher risk but with higher returns, then Bitcoin would be a good choice either. Depends on your vision as an investor. Not all people are capable of tolerating the market price behavior in crypto industry. Not to mention that cryptos are not widely accepted as a currency to many countries unlike with Gold which is recognized for years or decades. So is it either high risk and high reward or the other way around.

OP, what is your reason for investing in bitcoin? Is it because you want high returns, get rich quickly, and because investing in other assets won't yield big and fast returns like bitcoin? I and everyone else are here for the same reason. So when you compare gold vs bitcoin on the bitcoin forum is not appropriate, and you will not get any fair answer. We are all bitcoin investors.

There are investors of this industry who are also investors of stock market and gold, so I think it is just fine to ask. But that's a bit true that you'd find bias present in this forum and that's just simply making sense. But a definite categorical norm won't be advisable most of the time.

[Maidak]

Bitcoins and Gold are both good to hold, and if you can hold both of them, you should without completely choosing one over the other. It does not always have to be a choice, if you can afford to, having some gold and having some more bitcoins is a better choice.

You can safely, closely and easily keep your bitcoins. If it must be a choice between the two and where you must choose, bitcoins should be the choice.

It depends on the state of the place where you live because if you are constantly moving from place to place, it's not recommended to hold Gold because you might have a hard time storing it, and it might going to be lost from you. And when you are not like that, and you are staying in a place for long, you can have gold as recommended to hold as an asset, and also you can have bitcoins as well to diversify your wealth, and by that, you will have double amount of income by the time the price of those two assets will increase in the future just like hitting two birds with one stone.

Both are risky, gold is difficult to store as well as to move. As for bitcoin, although it offers high returns and convenient storage, the future is more uncertain and unsafe than gold. So we should diversify and should invest in both. But I like risk and can accept risk, so I will prefer to invest in bitcoin over gold, and I hope like others can make big profits from bitcoin.

[Cookdata]

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.

I hope you know that if tables were turned around and they allowed everyone to start over again for BTC to be priced at $10 and Gold to be back to its starting price,  I hope you know for real that people who got Gold in their early life wouldn't pick gold but will go for Bitcoin. The reason why you see these men shout and discredit Bitcoin is that they didn't have it cheap when the price was low, and they fear new billionaires will take over the streets, but never will Bitcoin holders pick gold over Bitcoin.

The fourth is environmental issue. Well, environmental issues are becoming an important issue in the 21st century. Many parties (included some companies or firms) are vying to reduce their carbon footprint. For example, China has a carbon-free target by 2060. Mining gold from deep within the earth has a tremendous impact on the environment. And this is irreversible damage, while Bitcoin when compared to gold is more environmentally friendly, Because Bitcoin can be mined using renewable energy or cheaper energy. Bitcoin mining does not permanently damage the environment. In fact, there is no damage at all to Bitcoin mining activities. Because it happens on a computer network.

Glad you weren't brainwashed about the Bitcoin being environmentally harmful to society. I hope you know very well that Elon decide to sell some part of his Bitcoin because of the environmental concern, he used that excuse to dump Bitcoin on investors but they will never say the bad side of Gold because it will damage their wealth and fooling ordinary people will become something difficult to do.

[khiholangkang]

Gold is indeed a very good asset and has been recognized through thousands of years of history, it will always be the choice of some people, especially the older generations, who prefer safety. And if you ask anyone on this forum, 100% will definitely choose bitcoin because all are willing to take risks to have a lot of money, and bitcoin is what they have been looking for all this time.

Both have pros and cons and are used in different situations, so we see no need to compare. Depending on each person's taste, we should choose assets to invest accordingly. Just because we don't invest in gold doesn't mean it's not good, and vice versa.

Yes I agree on how to depend on each taste in judging and taking.
Gold is the safest thing to invest, but the benefits are relatively long, it takes years to count to find a high exchange rate in gold itself, although every year consistently finds an increase but it is not much.
Unlike the case with Bitcoin that can give you a fairly high profit especially if you hold it ten years ago, you have become a billionaire at this time, and I think that is an interesting fact that we can see.

The comparison must be there, I also used to compare all assets before I entered as an investor, the pros and cons is common, so I think it is not a problem, the problem of alignments is the problem of that person, because the decision exists in each of them as well.
But if you think both are positive and you can use both of them to make a profit, why not invest in both, to cover the shortcomings that exist in these two special assets.

[Wend]

The fourth is environmental issue. Well, environmental issues are becoming an important issue in the 21st century. Many parties (included some companies or firms) are vying to reduce their carbon footprint. For example, China has a carbon-free target by 2060. Mining gold from deep within the earth has a tremendous impact on the environment. And this is irreversible damage, while Bitcoin when compared to gold is more environmentally friendly, Because Bitcoin can be mined using renewable energy or cheaper energy. Bitcoin mining does not permanently damage the environment. In fact, there is no damage at all to Bitcoin mining activities. Because it happens on a computer network.

Glad you weren't brainwashed about the Bitcoin being environmentally harmful to society. I hope you know very well that Elon decide to sell some part of his Bitcoin because of the environmental concern, he used that excuse to dump Bitcoin on investors but they will never say the bad side of Gold because it will damage their wealth and fooling ordinary people will become something difficult to do.

We are investing in us for our benefit, there is no reason to listen to someone and miss our chance. You have a point, if we compare bitcoin mining with gold mining and production, I believe gold mining will be more expensive, consume more energy, and cause more problems and environmental instability. Mining, digging deep underground in search of minerals and resources is also considered to cause great harm to our living environment, but they have never talked about it.

[Bananington]

It is hardly anyone hears in the news how gold needs to be this or that for the market to stay relevant. It is always going to remain one of the top most advised asset to hold. The market seems to always be steady and potential for gains always arise.

For Bitcoin, although it is also almost steady to hold, the gain margin is slim, compared to gold.
Regulators want a share of what Bitcoin worth, the price keep surging and almost only those who were first customers has remained to enjoy value for their coins.
I would hold both if I have them. They promise good returns as the future has need of them.

[Rupok]

Bitcoin is much better than gold.The benefits of Bitcoin are high.  But the benefit of gold is less.  You can't expect double profit from gold but you can expect double profit from bitcoin.But one should not invest in Bitcoin by selling gold or jewelry.  You spend your extra money on Bitcoin investments, which you are unlikely to be poor if lost. There are risks involved in investing in bitcoins, so be careful when investing in bitcoins.  Gold does not bring double profit but it has no risk. Your point about risk is very reasonable, if the context of this risk is monetary value, then gold must be very safe, because the price is more stable and less volatile.

[imamusma]

Bitcoin is much better than gold.The benefits of Bitcoin are high.  But the benefit of gold is less.

I'm not sure you can explain why bitcoin is better than gold than just comparing the two in terms of value and the potential profit you get. Bitcoin is a non-physical investment asset and also a means of payment, but bitcoin users must comply with the laws that apply in certain jurisdictions because the legality of bitcoin still varies from country to country.

Gold is useful anywhere even without the need for internet and electricity, but you may have trouble using bitcoins when you are not connected to the internet, especially if you don't have the skills to use them in other ways. In some places bitcoin is still useless especially if there is no internet, meanwhile gold has a real function as a means of payment that has been used for centuries.

But one should not invest in Bitcoin by selling gold or jewelry.

That's the opposite of what you said before. Should if bitcoin really is better than gold, then holding gold long term doesn't make sense. You said one shouldn't sell their gold to invest in bitcoin because of the risk, so gold is much better than bitcoin in terms of the risk involved.

[nlovric]

Bitcoin is much better than gold.The benefits of Bitcoin are high.  But the benefit of gold is less.  You can't expect double profit from gold but you can expect double profit from bitcoin.But one should not invest in Bitcoin by selling gold or jewelry.  You spend your extra money on Bitcoin investments, which you are unlikely to be poor if lost. There are risks involved in investing in bitcoins, so be careful when investing in bitcoins.  Gold does not bring double profit but it has no risk. Your point about risk is very reasonable, if the context of this risk is monetary value, then gold must be very safe, because the price is more stable and less volatile.

When comparing Bitcoin and gold as investment possibilities it is crucial to keep in mind that they both have unique qualities and advantages. Bitcoin carries significant dangers in addition to the potential for better returns and the capacity to double gains. Instead of selling off gold or pricey jewellery it is advised to invest in Bitcoin with additional cash that one can afford to lose. Investments in bitcoin require careful thought and understanding of the hazards involved. The stability and lesser volatility of gold on the other hand have historically been thought to make it a safer investment. Gold is frequently regarded as a more secure investment despite the fact that it may not have the same potential for doubling gains. Individual investors must ultimately balance the benefits and hazards of both Bitcoin and gold in order to make decisions that are in line with their financial objectives and risk tolerance.

[southerngentuk]

If I had a large amount of money, I would choose both. Because gold is a stable and safe investment channel. Although the profit is small, gold never stops being active in the market. Bitcoin is a speculative asset with great returns. It is because of its volatility that many people come to it, myself included. So I will allocate 40–60 percents of gold and bitcoin. Since I prefer bitcoin anyway, gold is just a backup. That is my opinion, and everyone will have different views around the issue between these two assets.

[Silberman]

Bitcoin is much better than gold.The benefits of Bitcoin are high.  But the benefit of gold is less.  You can't expect double profit from gold but you can expect double profit from bitcoin.But one should not invest in Bitcoin by selling gold or jewelry.  You spend your extra money on Bitcoin investments, which you are unlikely to be poor if lost. There are risks involved in investing in bitcoins, so be careful when investing in bitcoins.  Gold does not bring double profit but it has no risk. Your point about risk is very reasonable, if the context of this risk is monetary value, then gold must be very safe, because the price is more stable and less volatile.

The market of gold is also full of risks, it is just that you do not hear about them as often compared to the risks of this market, one of them is that there is a lot of fake gold being sold as the genuine thing, and unless you have the experience and the necessary equipment to tell apart the real gold from the fake gold then it is very likely that you are going to get scammed, also if you try to buy gold on a physical store you should not be surprised if the owner immediately tries to move you away from buying gold coins to collector coins, and unless you are an expert on that field then you will lose a massive amount of money as well.

[panganib999]

I don't really like to pick favorites between the two since I've placed investments in both and they are coming up nicely (Don't wanna jinx it lmao). But they certainly cater to differing customer bases. Gold on one hand is for people who wanted a secure and consistent upstream of income that they can also use at the same time in the form of jewelry. On the other hand people who invest in bitcoin, to me are those who are more piqued by the higher chances of profit at the expense of taking huge risks in the process, which is not so bad either since most of them are able to gauge their capacity for taking risks eventually in their investment journey. People who invest in both are those who are willing to diversify and increase chances of earning profit in multiple ventures, and those who are calculated as well in their risk-taking.

Ultimately, I won't be the guy to tell you that one is better than the other, or that you should not invest in this one cause reasons, the decision lies upon the money holder.

[Stalker22]

Iam expert in crypto and investing i can help you a lot

Be wary of any "help" this troll may offer. He is just a cheap beggar, possibly even a scammer.
 
Reference topics: https://bitcointalk.org/index.php?topic=5457140.0

[tjtonmoy]

Gold and Bitcoin, they both have a very good reputation. One was created over many centuries, and one over decades. Can we not expect for bitcoin to keep this reputation over centuries? Yes, it is possible, and somehow I think it will happen. Now when it comes to holding preference, different people have different opinion. Security, trust, reputation, storing capability, usefulness, profits from investment. Based on which one they prefer the most, they will choose that. It is already explained in the OP, so I will not drag this topic any further. You got the idea.
Those who like non-volatile risk-free investment, gold will be the best choice. On the other hand, if you like to take risk and want to explore the technology, go for Bitcoin.
My advice is, why not do both? One is going to give you profit for sure, but the amount will be less, and it has to be a long term plan. And the other will give you profit, also in long term, but if the market is in your favor, the amount could be life changing.
So try both and see what suites best for you. None of them are bad investment plans if executed perfectly.

[teosanru]

First of all basic assumption i am taking is that holding is for a better gain in future. Now if you compare an overall return of let's say even last 10 years of both bitcoin and gold you'll have your answer. But I would edit you on one thing. It's absolutely wrong to say that gold has no monetary functions many governments make use of gold as an instrument to borrow large sums of money so told definitely is a good monetary asset even used by bit government but for a personal holding option, obviously bitcoin is better.

[Eternad]

Both are risky, gold is difficult to store as well as to move. As for bitcoin, although it offers high returns and convenient storage, the future is more uncertain and unsafe than gold. So we should diversify and should invest in both. But I like risk and can accept risk, so I will prefer to invest in bitcoin over gold, and I hope like others can make big profits from bitcoin.

Why Bitcoin future is uncertain and unsafe than gold while you already mention that Bitcoin is very convenient to store and with high returns? Bitcoin is already more than a decade with consistent impressive price performance, If you think this kind of perforance can be categorized as uncertain then you are wrong since any unsafe investment will never last like Bitcoin that keeps gaining trend until now. Bitcoin is just starting the real adaption from the majority of the population.

The future of Bitcoin is massive once the global adoption achieved. Gold is already adapted globally which is why the price is already stabled for long term. I doubt it's future is more beneficial than Bitcoin that promise more return and safe storage.

[batang_bitcoin]

If you're the type of investor that's diversifying and able to have both gold and bitcoin, there's certainly no need to think of which you should hold. These are both good investments but with limited budget and funds for investments, I'll choose to have what I've known being better and that's bitcoin. While we see the institutional drive that's happening in bitcoin, this is like still a fresh market for them. And they do understand that being one of the earliest and first on this market will give them dominance and advantage and that's what they're taking from investing in Bitcoin. In gold, those who are also early on that game are surely making their profits easily.

@pmemorex, you're saying that you're expert in investing in crypto and you can help people with such? Then why you even made a thread that you've been scammed?

[The Cryptovator]

The post is quite lengthy, don't need an extensive explanation about gold and Bitcoin. Bitcoin, being a decentralized cryptocurrency, does not have a direct connection or function with gold. However, both can be seen as investment opportunities. Gold is known for its stable price and low volatility, while Bitcoin is highly volatile. Investing in gold may yield limited profits, while investing in Bitcoin can result in significant gains or losses. That's the essence of it.

[Bushdark]

It is well written but I think op should have expatiate more on Bitcoin for those that would like to know and invest in Bitcoin.
We know that Bitcoin is more expensive than gold even though gold had been in existence before now. Bitcoin is still young in the market compared to gold but there are plenty gains we can make from Bitcoin that gold can not give.

 The comparison op had listed between and Bitcoin is not as clear as I expected but we all know that there are people that would sell there gold to Bitcoin because of how volatile it is with possible of making a good profits if we are patient as investors. We can also make money from Bitcoin through Staking, mining, trading, lending etc but gold can not provide that kind of multiple income for us.

[usekevin]

Both ad his own value as an asset.Because people with more knowledge will split their investment into two and inverse one half in bitcoin and second half in the gold.This two will be the most valuable asset.Gold will give you profit in long run,it’s essential one to hold your investment in gold coins as compared to gold jewellery.Because the gold coins value are always stable one.

[heslylamba]

Thanks for all the info you gave us! I personally hold both gold and bitcoin. I mean, why not if you have the opportunity?

[_BlackStar]

The post is quite lengthy, don't need an extensive explanation about gold and Bitcoin.

Oh shit - you have no idea what the motive is? LOL

Bitcoin, being a decentralized cryptocurrency, does not have a direct connection or function with gold. However, both can be seen as investment opportunities. Gold is known for its stable price and low volatility, while Bitcoin is highly volatile. Investing in gold may yield limited profits, while investing in Bitcoin can result in significant gains or losses. That's the essence of it.

Besides the probability of return on investment bitcoin is much higher than gold - but anyone who does not like the high volatility of bitcoin prices can choose gold as a wise option in their investment plan. Both are profitable - but also risky.

[Popkon6]

Whether you want to invest in Bitcoin or gold is entirely up to you. And I'd say I care more about Bitcoin because the price of Bitcoin rises more than the price of gold.
And I'm also willing to take risks which is why I'd prefer Bitcoin over listening. The Bitcoin market has seen the most price ups and downs and investing in down markets, selling in up markets, is the most profitable and most profitable if held long-term This is why I hold Bitcoin.

[ChiBitCTy]

This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so.  As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.

Diversification is key, that's what it's all about.  One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin.  So there's no just one flat answer to be had here.

[Farma]

both remain a good investment depending on how we manage it in the future. not everyone knows about bitcoin, but everyone can use gold. If you are good enough at managing bitcoin then bitcoin will be a great choice, in fact you can extend that to have other types of investments. As for gold, you may hold onto it long enough and it only increases in value a little. Either way, both are still great options, it's just that they need to be tailored to your needs. I think, people also feel that both are good investments since long time ago, the proof is, bitcoin and gold have both survived and are still the recommended choice until now, moreover the price also tends to increase.

[Smack That Ace]

This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so.  As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.

Diversification is key, that's what it's all about.  One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin.  So there's no just one flat answer to be had here.

It's confusing when people keep comparing gold and bitcoin, I don't know what they are trying to prove when everyone has their own choice. And most of all, we can invest in both because no one is stopping us from doing it. You are right, even if bitcoin is 10 or 100 times better than gold, investing all of your money in bitcoin is a stupid idea, and diversification has always been the key to our success. Both are investments yielding good results, so I would choose both instead of comparing and slandering each other.

[ItsCrafty]

This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so.  As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.

Diversification is key, that's what it's all about.  One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin.  So there's no just one flat answer to be had here.

Bitcoin and gold are two different assets with different characteristics. Bitcoin is a digital form of money or asset that operates on blockchain technology. It offers the potential for high volatility and significant returns but also carries higher risks due to market trading trends and other factors. Gold, on the other hand, is a physical asset with dynamic characteristics and importance regarding trading and storing value. It provides stability and acts as a border against inflation and economic uncertainties, while Bitcoin offers the potential for quick gains. Gold offers a more traditional and proven method of preserving wealth over the long term (by holding or investing). In order to balance risk and reward, investors should diversify their investment and also consider their individual goals and targets when choosing between the two..

[YUriy1991]

It's confusing when people keep comparing gold and bitcoin, I don't know what they are trying to prove when everyone has their own choice. And most of all, we can invest in both because no one is stopping us from doing it. You are right, even if bitcoin is 10 or 100 times better than gold, investing all of your money in bitcoin is a stupid idea, and diversification has always been the key to our success. Both are investments yielding good results, so I would choose both instead of comparing and slandering each other.

You raise a valid point regarding the comparison between gold and Bitcoin. It is indeed a matter of personal choice, and there is no need to prove one superior to the other. While it is legal to choose gold and Bitcoin as an investment, I think it is also important to consider the different characteristics and risks associated with each as brother @ItsCrafty Explains.

Gold has a long-standing track record as a store of value, while Bitcoin represents a newer and more technologically innovative investment option. By diversifying one's portfolio, individuals can potentially benefit from the unique advantages and reduce the risks associated with each asset class.

[songchunlai]

As an important pledged treasure in history, gold has assumed the important role of pledged lending in economic development, promoted the circulation of spot goods, and benefited economic development. More, it assumes the function of loan records, so yes, money is a huge database, which records the credit relationship between characters, so in general, Bitcoin is the best kind of money, it is easy to use, It is safe and reliable, free from third-party interference, and directly accessible from any region. It will be widely used in the future.

[Poker Player]

It is not one or another imo.

IMO as well. I hold both actually, although the amount of gold I have is much less. But it doesn't make sense to buy gold to not hold it because the buying and selling fees eat you up. It is not an asset to speculate in the short term, nor in the medium term I would say. Bitcoin has more advantages, the main one being digital and being able to transport and transfer large amounts very easily, which is impractical with gold.

So the best thing to do is to hold both.

[glendall]

I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future

[kizlod]

I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future

it
But gold is not really profitable, it just covers inflation. It will never go +30% or so in one month. I mean, I'm not judging at all, I think holding gold has it's pros, but it can't be as profitable as Bitcoin.

[Nrcewker]

Aspects don’t matter at all. People invest in what they see as profitable. If you ask the younger generation, then they probably choose Bitcoins over gold. Whereas if you ask the older generation, they will choose gold over coins. Yes, I also agree that both have advantages and disadvantages. But if one has to choose, he will choose based on necessity. If you're comparing, then we need to compare bitcoin versus digital gold, as physical gold has many more restrictions and hidden charges. If you ask me, then I want to choose bitcoins, as I am from the new generation and I have seen what bitcoins are capable of.

[Latviand]

I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future

I don't know if this is a problem in your country but there are some countries that will let you buy gold but never let you hold the one that you've just bought for "security" reasons which is definitely a no-go for me, maybe if I do some research about it though, I can be wrong and might consider hodling a small amount of gold in my possession but for now, I think it's best to hodl bitcoin more than gold because it makes you responsible for your own safety and wealth so no one can steal it from you unless you are dumb enough to be scammed. As long as there are preference, there will always be a debate remember that, and it's a beautiful thing that there are debates about this, it means that people care about their finances and that they want to make a stable financial future.

[2Pizza410000BTC]

Both bitcoin and gold are at the top in terms of popularity but gold is more in demand than bitcoin due to increasing demand. Investing in Bitcoin is much more profitable than gold but investing in Bitcoin is risky as Bitcoin has different risk factors. Because the government of a country can make the investment unprofitable by imposing restrictions and taxes on Bitcoin investment. But in case of gold there is no risk on investment rather if you keep the investment then it becomes your risk free asset.

[Minecache]

I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future

it
But gold is not really profitable, it just covers inflation. It will never go +30% or so in one month. I mean, I'm not judging at all, I think holding gold has it's pros, but it can't be as profitable as Bitcoin.

Investing in gold is still profitable because its price is also volatile and not completely stable, but the return will not be as significant and large as bitcoin. Gold is only suitable for investors who like safety and investors with a huge amount of capital, investing in gold can be profitable. Gold is not as volatile as bitcoin but many times safer than bitcoin, and the two assets are entirely different, so comparing them is rather lame. Each property has pros and cons, and it's up to the individual to make the right choice. I also think like some people here, we can invest in both, it's much better to diversify assets than focus on just one.

[Not your key not your BTC]

Gold is not grow up your wealth, gold is just maintain the fiat value, while bitcoin, will grow up your wealth, in fact bitcoin is increase your investment.

[Ayers]

As far as I know, there is no rule that prohibits us from owning both or is forced to choose only 1. So why do we always compare them to find the better one?

People compare them because they do not have the money to buy both of the assets, they can only buy one, so they want to know which asset has more potential, so they can choose it and invest in it.

Well, thanks for reminding me, I hadn't thought of this because I always thought that once people decide to invest, they already have some money to invest. Moreover, no matter how much capital you invest, diversification is still more necessary than investing in a single asset class, which is quite risky.

Bitcoin is the future for me, gold is not potential but rather a piece of jewelry for women.

Gold does not have any "potential" because everyone knows what gold can and can't do, it is a very old asset and a store of value that people have been using to hold the value of their money for a very long time. I believe when we talk of "potential", it is for newer assets. By the way Gold can be used for other things than just jewelries, though it is one of its use cases.

Gold is still volatile and not completely stationary, so it will still bring profits, but small investors with not too large capital will receive a negligible profit when investing in gold. As I also said, gold is still the preferred investment of many billionaires and tycoons, so saying it has no potential is not necessarily true.

[karabiber]

People have questioned whether Bitcoin can play a similar role to gold in an investment portfolio for years. Actually despite some similarities between the two entities, mainly their supply is limited and they have an alternative role to fiat currencies. Therefore, it is very important for investors to know the basic differences between gold and bitcoin and to invest accordingly. Almost all of the people on the forum will use their investment in favor of Bitcoin. Gold has been known as a store of wealth for thousands of years and is at times an alternative source of income to the traditional stock market. Gold has traditionally performed well in times of inflation and has a highly liquid, established market, low volatility and a key store of value for older people.

Bitcoin offers various investment opportunities for those who invest in it. One of them is bitcoin mining. If you met crypto markets in the 2010s, you are very lucky. Bitcoin must have opened the door to a completely different world for you. I would definitely use the long term investment in favor of Bitcoin. Despite the high volatility, i believe that i will realize my long term plans with Bitcoin. We continue to multiply our wealth during halving periods. Stay with Bitcoin.

[coinerer]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes.  But this is not seen in gold. So it is better to invest in both Bitcoin and Gold

[rojan]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes.  But this is not seen in gold. So it is better to invest in both Bitcoin and Gold

Yes, I think so too. I will invest a little more in gold because there will be no risk in investing in gold. But investing in Bitcoin will be a little risky. But I think even if it is risky, I will get good amount of money from Bitcoin.But after investing in Bitcoin you have to wait for a long time. After investing in Gold it can be sold at any time at the right price. But if the price of Bitcoin is in a dump then there will be a lot of loss if you sell Bitcoin.

[coinerer]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes.  But this is not seen in gold. So it is better to invest in both Bitcoin and Gold

Yes, I think so too. I will invest a little more in gold because there will be no risk in investing in gold. But investing in Bitcoin will be a little risky. But I think even if it is risky, I will get good amount of money from Bitcoin.But after investing in Bitcoin you have to wait for a long time. After investing in Gold it can be sold at any time at the right price. But if the price of Bitcoin is in a dump then there will be a lot of loss if you sell Bitcoin.

Investing in Bitcoins requires you to hold it for a long time which will not help you in an emergency because if the price of Bitcoins is lower than your purchase price at that time you will have a huge loss if you sell.  However, the price of gold does not fall very often and in times of emergency, gold can be saved from danger by selling it. So if you invest in both Bitcoin and Gold Bitcoin will give you a big profit if you hold it long time, and Gold will give you the profit as well as emergency backup.

[Dr.Bitcoin_Strange]

I also have a long answer of these questions :
 - Why Bitcoin can't be hacked?
- So when is the right time to buy Bitcoin?

Hacked, as in how? (you mean) If you have some Bitcoin in a CEX account or a self-costodial wallet and mistakenly some scammers have some sort of security information about your account or wallet, they can easily penetrate your CEX account or wallet and steal your assets. That's the only way your asset could be hacked, and you will end up losing it your Bitcoin. If you Fully take the security of your assets vital, you will not be hacked.

For me, I don't think there is any time that is not good to buy Bitcoin. What matters is how long you want to hold your Bitcoin. The period of time you choose to hold your coin is also what will determine the level of profit you will make from your holding. For example, if you buy Bitcoin now and intend to hold it for 6 years, there is a great possibility that you will make profit by then because the price might have skyrocketed. But if you want to buy now and hold till December of this year, then I doubt if you will have much profit on your investment before then, because the price of Bitcoin might just be a bit higher than what it is now. Bitcoin investment is not like other investments that will assure you of a certain profit in an interval of a month or two; bitcoin investment is about patience and determination to hold your asset until you make a profit.


The reason is that someone can tell you that the best time to buy Bitcoin is when the price is $30k, mean while, after you buy it at that price, it could still go down to $25k, and by that time you might start to regret why you did not wait to buy at $25k, and you might even have issues with your friend that asked you to invest when the price was $30k. So, just invest if you are determined to hold until you make a profit.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[xSkylarx]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes.  But this is not seen in gold. So it is better to invest in both Bitcoin and Gold

Yes, I think so too. I will invest a little more in gold because there will be no risk in investing in gold. But investing in Bitcoin will be a little risky. But I think even if it is risky, I will get good amount of money from Bitcoin.But after investing in Bitcoin you have to wait for a long time. After investing in Gold it can be sold at any time at the right price. But if the price of Bitcoin is in a dump then there will be a lot of loss if you sell Bitcoin.

Investing in Bitcoins requires you to hold it for a long time which will not help you in an emergency because if the price of Bitcoins is lower than your purchase price at that time you will have a huge loss if you sell.  However, the price of gold does not fall very often and in times of emergency, gold can be saved from danger by selling it. So if you invest in both Bitcoin and Gold Bitcoin will give you a big profit if you hold it long time, and Gold will give you the profit as well as emergency backup.

That is why the purpose of investing in Bitcoin is to hold it long-term because if you just sell it off in a year, there are big possibilities that it will be a loss. You need to hold it for a few years because, unlike gold, the value will appreciate over time, even if it is jewelry or anything else valuable. But for me, investing both as long as you have that capital is really good as the return in bitcoin is higher compared to gold, as we know that Bitcoin is very volatile and can make your investment times 4 or more.

[Bitcoin_people]

Bitcoin is currently more popular than gold due to the way its price has changed over the past few days. But if you hold this digital currency, you can expect something good in the future. Currently, Bitcoin is more popular, but investing in it still has some risks. Gold is an asset that people have been investing in since centuries. Gold is more popular than Bitcoin because it is a real asset. We have seen the gold market decline but then increased. Similarly, when the value of Bitcoin falls, it rises again later. So gold is a real asset and Bitcoin is a virtual asset that people invest in to meet their financial needs. I will invest in Bitcoin most of the time because I get more convenience using Bitcoin than gold.

[summonerrk]

...

In my thoughts, I could not immediately answer the question: why investing in bitcoin is much better than in gold?
After all, people buy gold in difficult times, while bitcoin is sold at the first signs of an economic crisis. Unfortunately, bitcoin so far performs only the role of a speculative instrument, while gold remains the number one safe haven among assets. The only good thing about bitcoin is that it is a breakthrough technology of economic freedom.
But so far, no more than that.

[pawel7777]

A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes.  But this is not seen in gold. So it is better to invest in both Bitcoin and Gold

Nothing is risk-free and neither is gold. Even know I'm rather bullish on gold, I could imagine various scenarios where it falls from investors' favour.
And when you consider the profitability of investment, you cannot ignore inflation. After all, you invest to retain or increase the real value of your portfolio.

Looking at the inflation-adjusted gold price, you can see that it took almost 3 decades for it to return to the previous (real) value.

[_BlackStar]

Gold is not grow up your wealth, gold is just maintain the fiat value, while bitcoin, will grow up your wealth, in fact bitcoin is increase your investment.

Some people will say your opinion is misleading because gold can also provide wealth to the holder. I don't remember how much gold cost when I was 5 years old ^{[I'm too lazy to look it up]} but today anyone who has gold and keeps it safe, they are already quite rich with it. Bitcoin is different in that it is freely traded without control - so comparing the two should also make some sense. At least bitcoin has become a good investment asset in the last decade - but not everyone will choose it as a safe store of value.

[BigBos]

In the end, everything returns to their respective decisions, regardless of whether it is in gold or bitcoin, as long as we can do it right, then everything will work out well in the end.
Bitcoin and gold have their respective advantages and indeed both of them can still be done only if it's for the safest then gold is chosen because it's like certainty but which has risks obviously bitcoin but of course with returns which are of course much better there.
However, if it is possible to be in both of course it is a good choice, it's just possible that in this case bigger money must be prepared.

[n0ne]

Considering the risk with bitcoin people find it difficult to give importance to bitcoin against gold. This is not about the holding and the growth of gold that have taken place gradually. When we self analysis our life, the end will be death. We came to the World naked and move out naked. In between the attitude and other activities we do is the out of the money. Gold gives the convenience and comfort when required, whereas it is difficult to use bitcoin as collateral and on other needs. With time things could've changed and no matter what we do, and follow the ease of understanding and usage in real time is much connected with gold

[nur rochid]

to make investment assets, I think bitcoin will be more profitable than gold, and instead of gold, maybe I prefer to invest in property, which is safer than physical gold. but before investing in bitcoin we must have knowledge of it, considering that it will be risky if we do not have sufficient knowledge. if we compare it with the inflation that occurred, then the comparison can indeed be seen and it is as if gold only offsets the inflation rate that occurs, but gold is better than us saving in the bank

[Wend]

Both are risky, gold is difficult to store as well as to move. As for bitcoin, although it offers high returns and convenient storage, the future is more uncertain and unsafe than gold. So we should diversify and should invest in both. But I like risk and can accept risk, so I will prefer to invest in bitcoin over gold, and I hope like others can make big profits from bitcoin.

Why Bitcoin future is uncertain and unsafe than gold while you already mention that Bitcoin is very convenient to store and with high returns? Bitcoin is already more than a decade with consistent impressive price performance, If you think this kind of perforance can be categorized as uncertain then you are wrong since any unsafe investment will never last like Bitcoin that keeps gaining trend until now. Bitcoin is just starting the real adaption from the majority of the population.

The future of Bitcoin is massive once the global adoption achieved. Gold is already adapted globally which is why the price is already stabled for long term. I doubt it's future is more beneficial than Bitcoin that promise more return and safe storage.

But do you have any proof that the future of bitcoin is huge, or is it just your imagination without any evidence? People say that bitcoin has an uncertain future because no one can predict the future. Furthermore, it is an asset that has only been around for over a decade and is not widely recognized, so it is impossible to say anything about the future of bitcoin. Another thing is bitcoin's market cap is only 500 billion while gold is 11 trillion, which one do you think is safer? It is indisputable proof that gold's liquidity is great and safer. I do not doubt the future of bitcoin, but clearly, bitcoin needs more time to gain a foothold in people's minds.

[Tony116]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes.  But this is not seen in gold. So it is better to invest in both Bitcoin and Gold

Yes, I think so too. I will invest a little more in gold because there will be no risk in investing in gold. But investing in Bitcoin will be a little risky. But I think even if it is risky, I will get good amount of money from Bitcoin.But after investing in Bitcoin you have to wait for a long time. After investing in Gold it can be sold at any time at the right price. But if the price of Bitcoin is in a dump then there will be a lot of loss if you sell Bitcoin.

Every investment is risky, gold is very stable and safe, but that does not mean there is no risk because the future is unpredictable. What will happen to the value of gold when people find a greater amount of gold out there, or will we mine a metal that is rarer than gold...Besides the risk due to price fluctuations, we will also face threats due to physical impacts such as theft, natural disasters, and floods…many risks that we can anticipate.
Investing in gold is undeniably safer than bitcoin, but it's a high risk, high return, so investing in gold or bitcoin is up to each investor's preference.

[posi]

Gold is not grow up your wealth, gold is just maintain the fiat value, while bitcoin, will grow up your wealth, in fact bitcoin is increase your investment.

As far as I know, the list of the wealthiest people in the world and the world's millionaires mostly invest in gold, not bitcoin. What do you think about this? Are they called idiots for not investing in bitcoin? Have you become rich on bitcoin? Or are you just fantasizing about a rich future investing a small amount of money in bitcoin, and hoping it will bring you wealth?

Gold and bitcoin are two assets that both have the opportunity to bring wealth to us, as long as we always know how to take advantage of it to profit. Profits are made by the ingenuity and bravery of each person, not by what bitcoin or gold will bring us.

[larry_vw_1955]

Yes, I think so too. I will invest a little more in gold because there will be no risk in investing in gold. But investing in Bitcoin will be a little risky. But I think even if it is risky, I will get good amount of money from Bitcoin.But after investing in Bitcoin you have to wait for a long time. After investing in Gold it can be sold at any time at the right price. But if the price of Bitcoin is in a dump then there will be a lot of loss if you sell Bitcoin.

gold is not very volatile and people don't get rich investing in gold. they just hedge against inflation that's about it.

[Not your key not your BTC]

Gold is not grow up your wealth, gold is just maintain the fiat value, while bitcoin, will grow up your wealth, in fact bitcoin is increase your investment.

As far as I know, the list of the wealthiest people in the world and the world's millionaires mostly invest in gold, not bitcoin. What do you think about this? Are they called idiots for not investing in bitcoin? Have you become rich on bitcoin? Or are you just fantasizing about a rich future investing a small amount of money in bitcoin, and hoping it will bring you wealth?

Gold and bitcoin are two assets that both have the opportunity to bring wealth to us, as long as we always know how to take advantage of it to profit. Profits are made by the ingenuity and bravery of each person, not by what bitcoin or gold will bring us.

When we compare how old gold, sure bitcoin is the best, but gold is not grow your wealth,

[Lorence.xD]

It's still depends on the people prefer ability in these two since it's actually a different investment. Gold is already a good investment even back in the days, meaning it's a good idea to invest here for a long period of time or long term investment. While in Bitcoin where there's a volatility involved where people could take advantage from it in long term or short. So I still prefer Bitcoin if I would like invest in just flip peofit.

[Gallar]

~Snip

As you wrote at length in your post, that bitcoin is superior to gold when viewed from all existing aspects. I agree with this opinion, because bitcoin is very relevant when used as an investment asset today. Because if you look at it from a potential perspective, bitcoin can indeed go far in terms of market prices, and gold's price increase is very slow every year. But in my personal opinion, at this time gold is still very relevant if used as an investment asset, because it has many benefits in our lives today. Such as making jewelry, used for materials for making cellphones, computers, and other electronic devices. So in my personal opinion, gold is still an asset that is still relevant to own.

And when it comes to the potential price increase, it is certain that bitcoin is the one that can be said to have the highest price increase. It's different from gold, whose price increase is not too fast. So when it comes to potential uses and potential price increases, bitcoin and gold excel in only one respect. Bitcoin excels in terms of price increase potential, and gold excels in terms of potential use. So basically these two assets are equally good and both have their own features.

[Jawhead999]

I also have a long answer of these questions :
 - Why Bitcoin can't be hacked?
 - So when is the right time to buy Bitcoin?

Bitcoin can't be hacked because it can't in the first place, based on theoretical cost of perform 51% attack to Bitcoin is zero [1].

The right time to buy Bitcoin is when you ask it, that's mean the right time is now!

Gold is used to protect your wealth because the price is slowly increase, it's not like you save your money in banks where the inflation rate is higher than the interest you earn. Bitcoin is used to protect your wealth and in the same time, earn higher profit than gold.

[1] https://www.crypto51.app/

[irhact]

to make investment assets, I think bitcoin will be more profitable than gold, and instead of gold, maybe I prefer to invest in property, which is safer than physical gold. but before investing in bitcoin we must have knowledge of it, considering that it will be risky if we do not have sufficient knowledge. if we compare it with the inflation that occurred, then the comparison can indeed be seen and it is as if gold only offsets the inflation rate that occurs, but gold is better than us saving in the bank

Gold is an old fashion way of investing, you can make use of Gold for securing your wealth but not to make more money because Gold doesn't increase much but it's a well known asset that can be exchange anytime for money. Don't put Gold over Bitcoin if you want to make profit. Bitcoin is a new asset and has lots of room for price growth but gold is getting outdated.

Bitcoin has more advantage than gold, gold has some limitations because it's a physical assets that'll needs physical storing locations which makes it centralized but Bitcoin is decentralized and digital which make it very easy to store in our devices and carry to different locations.

[coinerer]

A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are.  But if we think about safe investment, there is a lot of difference between the two.  Holding Bitcoin has a much higher annual profit potential than gold.  However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes.  But this is not seen in gold. So it is better to invest in both Bitcoin and Gold

Yes, I think so too. I will invest a little more in gold because there will be no risk in investing in gold. But investing in Bitcoin will be a little risky. But I think even if it is risky, I will get good amount of money from Bitcoin.But after investing in Bitcoin you have to wait for a long time. After investing in Gold it can be sold at any time at the right price. But if the price of Bitcoin is in a dump then there will be a lot of loss if you sell Bitcoin.

Every investment is risky, gold is very stable and safe, but that does not mean there is no risk because the future is unpredictable. What will happen to the value of gold when people find a greater amount of gold out there, or will we mine a metal that is rarer than gold...Besides the risk due to price fluctuations, we will also face threats due to physical impacts such as theft, natural disasters, and floods…many risks that we can anticipate.
Investing in gold is undeniably safer than bitcoin, but it's a high risk, high return, so investing in gold or bitcoin is up to each investor's preference.

The amount of risk involved in gold investment is so small that it cannot be called a risk.  And since gold is a substance that will never be worthless, almost every country stores its reserves through gold.  But if there is no risk in the investment, it is not expected to get good profit from it.  So it is better to invest in both gold and bitcoin assets rather than depending on just one.And I think it's a good idea to consider investing in multiple assets as well as gold & Bitcoin

[Texac]

to make investment assets, I think bitcoin will be more profitable than gold, and instead of gold, maybe I prefer to invest in property, which is safer than physical gold. but before investing in bitcoin we must have knowledge of it, considering that it will be risky if we do not have sufficient knowledge. if we compare it with the inflation that occurred, then the comparison can indeed be seen and it is as if gold only offsets the inflation rate that occurs, but gold is better than us saving in the bank

Gold is an old fashion way of investing, you can make use of Gold for securing your wealth but not to make more money because Gold doesn't increase much but it's a well known asset that can be exchange anytime for money. Don't put Gold over Bitcoin if you want to make profit. Bitcoin is a new asset and has lots of room for price growth but gold is getting outdated.

Bitcoin has more advantage than gold, gold has some limitations because it's a physical assets that'll needs physical storing locations which makes it centralized but Bitcoin is decentralized and digital which make it very easy to store in our devices and carry to different locations.

Investing in gold has never been outdated, and to be more precise, investing in gold is not suitable for people with meager investment capital like us.  we always want to look for things with high returns to get rich quickly, and that is why today's young people prefer to invest in bitcoin over gold.  because we are not wealthy yet, we are always looking for highly volatile assets to make quick profits, and that is why today's young people prefer to invest in bitcoin over gold. those with larger assets will choose gold because it is safer, although the returns will be lower.  But if you invest in gold with a large capital of up to billions of dollars, the profit is not small.

[Luzin]

Gold is used to protect your wealth because the price is slowly increase, it's not like you save your money in banks where the inflation rate is higher than the interest you earn. Bitcoin is used to protect your wealth and in the same time, earn higher profit than gold.

[1] https://www.crypto51.app/

For several periods Bitcoin proved to be the best investment instrument. So some people who understand the technology and history of Bitcoin they will choose bitcoin a lot to look for profit because in calculations Bitcoin has far more profits in a faster time. Although bitcoin also has risks due to price instability. There seems to be a shift even though gold is still an investment favorite for people like my mom and dad, maybe people over 50. Perhaps legally, Gold is superior because the world has recognized it. I think having both is great.  

[jeraldskie11]

Gold is used to protect your wealth because the price is slowly increase, it's not like you save your money in banks where the inflation rate is higher than the interest you earn. Bitcoin is used to protect your wealth and in the same time, earn higher profit than gold.

[1] https://www.crypto51.app/

For several periods Bitcoin proved to be the best investment instrument. So some people who understand the technology and history of Bitcoin they will choose bitcoin a lot to look for profit because in calculations Bitcoin has far more profits in a faster time. Although bitcoin also has risks due to price instability. There seems to be a shift even though gold is still an investment favorite for people like my mom and dad, maybe people over 50. Perhaps legally, Gold is superior because the world has recognized it. I think having both is great.  

Many investors were unable to sell their assets due to the large drop in the price of Bitcoin when it reached an ATH. They will suffer significant losses if they sell their assets now, as the price is far lower than their purchase price. It drives individuals to doubt Bitcoin and believe that gold is the best investment. For me, Bitcoin is the best investment because I feel that if you buy Bitcoin for less than $50,000, you are still getting a good deal. In other words, it's not risky to acquire Bitcoin today as long as you don't sell it because it's normalbfor the price to drop due to volatility but then gradually or impulsively rise.

[bettercrypto]

2. Gold is much valuable and precious and day by day it's price is also moving up but slowly. And there is no limited supply of Gold. It's not much volatile as like Bitcoin and can't be. Again here is lower risks and lower profits. And there is no risk linke dumping Gold's price extremely at a sudden period.

At least I agree with this, because right now we don't know how deep they will dig to get more gold, and we don't know how long they will do it. But we cannot buy them together as an investment as an individual.

They are also good for the long term, only Bitcoin when it comes to the profit it can give when you hold it for a few years compared to Gold which is not that high to be honest but they are really an okay investment.

[spectre71]

Bitcoin is volatile duh I know.  During a dip and you need some cap for something else, maybe a killer piece of property comes up but you upside down in BTC? No cash? No gold? Guess you can finance it until things turn around and assets you can borrow for. Holding BTC upside down in your company and a piece of heavy equipment comes up deeply discounted maybe auction now what? Sell at a loss to buy at a bargain is a wash.

Read everything you can from Ray Dalio especially his all weather fund.

You do you but I get concerned for others when they are "all in gotta get rich".. Ya you can, keeping it is a whole other game.

[Games.Bitcoin]

There are a few things to consider when holding gold or bitcoins. If you hold gold for a long time, its value will act as a hedge against economic uncertainty. Being a tangible asset, it is stable and will maintain its value over time. But Bitcoin is a digital currency that is a relatively new form of decentralized currency that works on blockchain technology. It fluctuates significantly over time and since it is not a real asset, it is considered a very risky investment. Investing in cryptocurrency depends on complete trust.

[MFahad]

Investing in Bitcoins requires you to hold it for a long time which will not help you in an emergency because if the price of Bitcoins is lower than your purchase price at that time you will have a huge loss if you sell.  However, the price of gold does not fall very often and in times of emergency, gold can be saved from danger by selling it. So if you invest in both Bitcoin and Gold Bitcoin will give you a big profit if you hold it long time, and Gold will give you the profit as well as emergency backup.

Agree with you gold can be  beneficial during emergency conditions whereas bitcoin will put you in difficult condition sometimes to take a decision of selling or holding. It is right that gold selling price is lower than buying price but we should wait for some months and don't put that amount which you immediately need after few days as investment is not for days.

I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.

[larry_vw_1955]

I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.

then all you have to do is load up on gold and mortgage the house and buy more gold. after all, it's going to double in 2 or 3 years. and the chances of losing anything as you say are very small. very low.

[posi]

Gold is not grow up your wealth, gold is just maintain the fiat value, while bitcoin, will grow up your wealth, in fact bitcoin is increase your investment.

As far as I know, the list of the wealthiest people in the world and the world's millionaires mostly invest in gold, not bitcoin. What do you think about this? Are they called idiots for not investing in bitcoin? Have you become rich on bitcoin? Or are you just fantasizing about a rich future investing a small amount of money in bitcoin, and hoping it will bring you wealth?

Gold and bitcoin are two assets that both have the opportunity to bring wealth to us, as long as we always know how to take advantage of it to profit. Profits are made by the ingenuity and bravery of each person, not by what bitcoin or gold will bring us.

When we compare how old gold, sure bitcoin is the best, but gold is not grow your wealth,

As I asked you, have you become wealthy by investing in bitcoin? Or are you just daydreaming because you've seen it grow in the past, and many others get rich quickly from it? I will not say gold or bitcoin is better because each asset has its pros and cons, as investors, we need to choose for ourselves an asset that is right for us. We choose bitcoin, but we don't have to say bad things or put things on things we don't choose.
It also doesn't make you richer than anyone.

[Fuso.hp]

At the moment the price of gold is increasing and the price of bitcoin is increasing, if both bitcoin and gold can be bought and held then both can be profited. But Bitcoin and gold are very valuable things. It is very difficult to buy both Bitcoin and gold together and hold them for a long time unless you have a lot of money. But those who only have the ability to buy either Bitcoin or gold should buy Bitcoin and hold it for a long time. Because right now there is some good news in the market due to which the price of Bitcoin is increasing. The sale price hit up to $31,000. From $31,000, the price of Bitcoin is likely to increase further. If bitcoin can be bought right now then I expect to profit from here.

[MusaMohamed]

Bitcoin can't be hacked because it can't in the first place, based on theoretical cost of perform 51% attack to Bitcoin is zero [1].

The right time to buy Bitcoin is when you ask it, that's mean the right time is now!

[1] https://www.crypto51.app/

The crypto51.app website only makes estimation on cost of possible attacks from Nicehash hashrate cost. That estimation cost can be far from correct cost to run a 51% attack.

How many bitcoin confirmations is enough? explains the risk of 51% attacks very insightful.
If you want to test with calculator tool, Lopp developed this one https://jlopp.github.io/bitcoin-confirmation-risk-calculator/

Gold is used to protect your wealth because the price is slowly increase, it's not like you save your money in banks where the inflation rate is higher than the interest you earn. Bitcoin is used to protect your wealth and in the same time, earn higher profit than gold.

Gold has a longer history than Bitcoin and it has been considered as one of safest assets in the world. It used to be a standard for World economy.
Gold standard

Around 208,874 tonnes of gold has been mined throughout history in estimation. You can create your account log in and download the report

How much gold is in the world?
An estimation on underground gold reserves, it is about 53,000 tonnes of gold in identified reserves.

We can have more gold from other planets or asteroids in future with more advanced technology to harvest gold in the space.

[Dr.Osh]

I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.

then all you have to do is load up on gold and mortgage the house and buy more gold. after all, it's going to double in 2 or 3 years. and the chances of losing anything as you say are very small. very low.

LOL, it's not that easy. I've checked the price of gold and even rose to almost 100% in more than 10 years, that means it's a very long time, which means, if you have $ 1000 in gold, then in more than 10 years, the price will be $ 2000, and I think that is quite an advantage over time. However, gold is indeed very good as an investment that is stored for a very long time, you just need to think about how to look after it.
On the other hand, bitcoin offers faster profits, but with enormous risks. it's just that, many people prefer to use bitcoin then think about other investments when they are successful.

[Cryptmuster]

Gold is an old fashion way of investing, you can make use of Gold for securing your wealth but not to make more money because Gold doesn't increase much but it's a well known asset that can be exchange anytime for money. Don't put Gold over Bitcoin if you want to make profit. Bitcoin is a new asset and has lots of room for price growth but gold is getting outdated.

Bitcoin has more advantage than gold, gold has some limitations because it's a physical assets that'll needs physical storing locations which makes it centralized but Bitcoin is decentralized and digital which make it very easy to store in our devices and carry to different locations.

If governments continue to print money, which they definitely continue to do, then gold will be the tool that will definitely save your funds from inflation, and it is not as much subject to falls as bitcoin, it is not as critically affected by all kinds of crises, that's what I like gold. Bitcoin also has a number of its advantages, and no one forbids us to get the advantage of these two assets.

[jostorres]

Gold is an old fashion way of investing, you can make use of Gold for securing your wealth but not to make more money because Gold doesn't increase much but it's a well known asset that can be exchange anytime for money. Don't put Gold over Bitcoin if you want to make profit. Bitcoin is a new asset and has lots of room for price growth but gold is getting outdated.

Bitcoin has more advantage than gold, gold has some limitations because it's a physical assets that'll needs physical storing locations which makes it centralized but Bitcoin is decentralized and digital which make it very easy to store in our devices and carry to different locations.

Who says gold is getting outdated? Gold cannot get outdated as long as there is another metal that can replace it or can be used instead of gold in creating jewelry or other stuff in which gold is used, and the price of gold does increase, maybe not as quickly as Bitcoin's because it's a volatile asset and depends on the investments since it has a limited supply so when it's demand increases, it increases in value, but I wouldn't call gold outdated or not a good investment option.

If I have both gold and Bitcoin stored somewhere safe and you ask me if I will hold my gold longer or Bitcoin, I would definitely hold the gold longer than Bitcoin because I know that the price of gold won't just dip after reaching a certain point and it will keep increasing despite the small drops which aren't significant, while I know that the price of Bitcoin can fall any time as we have seen it happening.

[Sayeds56]

Agree with you gold can be  beneficial during emergency conditions whereas bitcoin will put you in difficult condition sometimes to take a decision of selling or holding. It is right that gold selling price is lower than buying price but we should wait for some months and don't put that amount which you immediately need after few days as investment is not for days.

I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.

It is true that Gold is traditionally considered a safe heaven investment during hard times, such as regional conflicts/wars and economic depression like situations. However, the returns on Gold investment during the past 10 years have not been as lucrative, when compared to alternative options like Bitcoin or stocks like Amazon, Google and Apple. Despite this, it is prudent choice to include Gold in our investment portfolio for diversification and risk mitigation.

[mendace]

It is true that Gold is traditionally considered a safe heaven investment during hard times, such as regional conflicts/wars and economic depression like situations. However, the returns on Gold investment during the past 10 years have not been as lucrative, when compared to alternative options like Bitcoin or stocks like Amazon, Google and Apple. Despite this, it is prudent choice to include Gold in our investment portfolio for diversification and risk mitigation.

Well, stocks aren't at all prudent during critical periods like the one we're going through, because they're a roller coaster and they're not a safe haven for any reason, on the contrary.  A company can go bankrupt at any moment and the stock plummets or they find the CEO in his underwear running down the highway and the stock plummets...gold can't go through that unless a gold meteor the size of Kansas it hits us in full ... at that point the problems will be others.

[pawel7777]

Well, stocks aren't at all prudent during critical periods like the one we're going through, because they're a roller coaster and they're not a safe haven for any reason, on the contrary.  A company can go bankrupt at any moment and the stock plummets or they find the CEO in his underwear running down the highway and the stock plummets...gold can't go through that unless a gold meteor the size of Kansas it hits us in full ... at that point the problems will be others.

That's true, but I wouldn't be putting all kinds of stocks in one bag. Certain types of stocks can perform quite well even during uncertain periods, although yields don't tend to be too high on those.
What you're describing is more true for overhyped growth stocks, where a large percent of the value is based on high hopes of future developments, rather than on actual current value and results.
And publicly traded companies don't go bankrupt overnight. You will have many signals and warnings before that happens.

[Wimex]

Both are good, one with more time in the financial market than the other, but just as powerful. Gold has established itself so well that it has become a reserve in many countries, due to its reliable stability, while Bitcoin despite the fact that it has gained value in a short time, has not yet been able to position itself as an option of this type, but it is for For several reasons, it is a decentralized digital currency and not a physical one so it is difficult for them to trust, because they do not know how to handle it. When we focus on investment, we must be ingenious and know how to carry out this operation in both cases. It is essential that people educate themselves in these areas, so that mistakes are not made most of them not knowing about finance and everything related to it end up failing. But both are great options.

[taufik0911]

The debate between holding Bitcoin and holding gold as long-term assets is an intriguing one, with valid arguments on both sides. Let's delve into the topic and explore the potential benefits and considerations associated with each.

Bitcoin, as a digital currency, offers unique advantages that have captivated many. Its decentralized nature and cryptographic security provide a level of transparency and immutability that is unparalleled. Bitcoin's limited supply and the concept of digital scarcity have contributed to its value proposition as a store of wealth. Furthermore, its global accessibility allows for seamless cross-border transactions and financial inclusion.

In terms of growth potential, Bitcoin has experienced significant appreciation over the years, making it an attractive option for those seeking substantial returns. The dynamic nature of the cryptocurrency market can offer exciting opportunities for capitalizing on price volatility through strategic trading or long-term investment.

On the other hand, gold has stood the test of time as a tried-and-true store of value. Its tangible nature and widespread recognition give it a sense of stability and trust. Gold's historical role as a hedge against inflation, economic downturns, and currency devaluation cannot be ignored. It has demonstrated resilience over centuries and has served as a safe haven during times of economic uncertainty.

Additionally, gold's scarcity and industrial applications provide inherent value and make it a sought-after commodity. While gold may not experience the rapid appreciation seen in the cryptocurrency space, its price tends to be relatively stable over the long term, offering a reliable store of wealth.

When deciding between holding Bitcoin or gold, it's crucial to consider individual circumstances, risk tolerance, and investment objectives. Both assets have their merits and can play complementary roles within a diversified portfolio.

Diversification is often recommended as a risk management strategy. By holding both Bitcoin and gold, investors can potentially benefit from the growth potential of Bitcoin while maintaining stability through gold's historically established value. This approach allows for exposure to different asset classes and helps mitigate the risks associated with relying solely on one investment.

Ultimately, the decision between holding Bitcoin or gold should align with your beliefs, financial goals, and risk appetite. Careful research, understanding market dynamics, and seeking professional advice when necessary are crucial to making informed investment decisions

[MFahad]

then all you have to do is load up on gold and mortgage the house and buy more gold. after all, it's going to double in 2 or 3 years. and the chances of losing anything as you say are very small. very low.

It does not mean that if in gold you have benefit then you will sell all your comfort zone in which you live. territory should be kept constant while you can save you extra income in such a things which will give you profit.

Investment is just for the reason to save money and if time comes it will gives you more profit. House is a place where one can live his personal and private life so it does not mean that for money you will sell your comfort because money is not everything.

[Sakanwa]

 They're both very valuable assets for one to have but the difference is that bitcoin is a physical asset while while Gold is physical and they both have their disadvantages in as much as they're both important commodities.

Disadvantages Of Gold
• it's goes down when their's an increase in stock.
• can be volatile over a short period of time.
• can easily get lost to theft.
• it has storage problems.
• it's price is dictated by international market.

Disadvantages Of Bitcoin
• bitcoin investment is not very easy to be understood by everyday people.
• there's no refund over loss in investment.
• easily used by scammers to defraud people due to a high lack of understanding by most users
• no stability in it's price.
• not widely accepted by people at large

[BTC_Maxipad]

I personally just hold both. Bitcoin and Gold both have strengths and weaknesses. My Gold kept me sane during this bear market. 60/40 Gold/BTC, re-balanced once a year is a good strategy imo.

[yudi09]

-snip-

Holding Bitcoin allows owners to get bigger returns.
To expect big returns on gold is rare or more likely to be a bit. To prove it, it can be seen from the gold price data on an annual basis.

From its history, we can indeed say that gold has existed since this earth existed while Bitcoin only existed in 2009 with its creator we know the name and we also know how much is available.
Gold has stable properties if used as an investment asset. Whereas Bitcoin apart from being used by many people for investment, Bitcoin is basically a type of digital currency that is decentralized as a global payment with peer-to-peer transactions as we know it so far.

- So when is the right time to buy Bitcoin?

Now.
Prepare your money and buy now before the bullish market.
Use the DCA method of buying Bitcoin if the effort you want to make is long term.

[blockman]

I personally just hold both. Bitcoin and Gold both have strengths and weaknesses

Good for you for having both. I wanna have gold but I don't think that I'll have it this time so, I should be fine and content with holding bitcoin.

My Gold kept me sane during this bear market. 60/40 Gold/BTC, re-balanced once a year is a good strategy imo.

That's good to hear, everyone should do what is working for them, and if both is a good strategy to have then follow it. But if you think that owning bitcoin only is the best then also do that and vice versa just as where we are confident doing these investments.

[lixer]

If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we  If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money.

Most people want high profits and to get rich quickly, so they will choose bitcoin over gold. But on the contrary, those with a lot of money, billionaires, will choose gold because they need the safety of their huge wealth. But why don't we hold both? Asset diversification is always a good thing. By investing in both, we can both limit our risk in gold and make a substantial profit in bitcoin. As far as I know, there is no rule that prohibits us from owning both or is forced to choose only 1. So why do we always compare them to find the better one?

No, the ones who are super rich will prefer everything. You do not become rich by investing into a single thing, when you have billions, you invest into gold, bitcoin and more importantly business. When you have that much money, it doesn't make sense to just buy assets like gold and bitcoin, it makes more sense if you end up spending your money to buy a share of a company, not a small amount of share like we would do, I mean like a chunk of it.

Like if you are super rich, why not get 10% of google, sure it would be pretty hard because that's a lot of money, but that's how they do it, and they even take a loan to do that. In the end, we should be considering growth as our only concern, and growth can be done with both together.

[Magic-Money]

Bitcoin is the best to hold, because Bitcoin has limited number of supply in the cryptocurrency market which is not much to people in the world, African alone can make the price of Bitcoin more expensive as long economy principle applied as a result of demand and supply concerned, therefore Bitcoin holding is more better and safe to hold than Gold.

[zahed]

BTC vs Gold, both have advantages and disadvantages, For example: If i am comparing risk then Bitcoin is risky investment if it's volatile, on the other hand Gold is 100% safe i think because there no chance to massive decrease it's price i did not see in the last a couple of years.
If BTC is risky so it's also big profitable investment but gold increases very slowly.

[lepbagong]

BTC vs Gold, both have advantages and disadvantages, For example: If i am comparing risk then Bitcoin is risky investment if it's volatile, on the other hand Gold is 100% safe i think because there no chance to massive decrease it's price i did not see in the last a couple of years.
If BTC is risky so it's also big profitable investment but gold increases very slowly.

So far, maybe what you said is very true, that indeed both are still considered attractive investments and always have their own weaknesses and strengths. always that a very profitable investment can be ensured then a very risky investment and that is in bitcoin while gold has been relatively very stable until now. but the advantage of gold is that it is always used as a symbol of prosperity [in several countries] because it can be displayed in form and is very different from bitcoin which cannot be displayed by naked eye. so both of them clearly have their own share until now and it cannot be prevented from being used as an attractive investment, even though currently technological developments continue to develop.

[hasitha lakshan]

📊 Market Analysis - July 2, 2023

Bitcoin is spending the weekend in a sideways movement, gathering strength for a new push above $31,000. As I mentioned before, we are in an upward trend, so I anticipate the potential for new local highs in the medium term.

On the news front, the situation remains unchanged, with positive developments such as the launch of ETFs and crypto custodian services by major companies managing significant sums of money.

Today, our long-awaited meeting in Dubai will take place. We will discuss the current situation with colleagues and explore projects that have the potential for the highest returns.

👉 I will provide you with an update after the meeting. Stay tuned!

[SamReomo]

BTC vs Gold, both have advantages and disadvantages, For example: If i am comparing risk then Bitcoin is risky investment if it's volatile, on the other hand Gold is 100% safe i think because there no chance to massive decrease it's price i did not see in the last a couple of years.
If BTC is risky so it's also big profitable investment but gold increases very slowly.

Well, I agree that Bitcoin is a risky investment but the rewards it gives are way better than gold. The volatility of the Bitcoin makes it a good investment for those investors who have mastered the volatility of the crypto-market, on the other hand the ones who hold Gold then they will have to wait for decades to get any good benefits from its low volatility. If someone who invests money into Bitcoin and hold that investment for 2-4 years he/she could profit a lot form the volatility of the market, while the one who holds gold for 2-4 years then there is very low chance of any substantial profits.

[Awaklara]

Well, I agree that Bitcoin is a risky investment but the rewards it gives are way better than gold. The volatility of the Bitcoin makes it a good investment for those investors who have mastered the volatility of the crypto-market, on the other hand the ones who hold Gold then they will have to wait for decades to get any good benefits from its low volatility. If someone who invests money into Bitcoin and hold that investment for 2-4 years he/she could profit a lot form the volatility of the market, while the one who holds gold for 2-4 years then there is very low chance of any substantial profits.

both differ in the risk management that must be carried out by the holder. Gold has a smaller risk of market volatility. I don't see which is more profitable. but if you talk to those who hold gold and don't really know Bitcoin, then they will prefer Gold because of the small risk. but if this question is for those who hold Bitcoin and Gold, maybe there will be an answer which is more profitable.
if we speculate on the time frame in investing, we also cannot see which future will be more profitable. it could also be that the price of Bitcoin in the planned time is also not as expected. we can only see what has happened in the past. however Gold has also seen a nice increase for the holder.

[seanskie18]

Throughout its history, Bitcoin has seen tremendous price fluctuation. While it has provided significant returns for investors at times, it has also witnessed dramatic drops. The price of bitcoin is affected by a variety of factors, including market sentiment, legislative developments, technological improvements, and macroeconomic situations.Its great profit potential is due to the likelihood of significant price appreciation in a short period of time. However, because of the market's volatility and uncertainty about its long-term prospects, this profit potential comes with higher risk than gold.

[SamReomo]

Well, I agree that Bitcoin is a risky investment but the rewards it gives are way better than gold. The volatility of the Bitcoin makes it a good investment for those investors who have mastered the volatility of the crypto-market, on the other hand the ones who hold Gold then they will have to wait for decades to get any good benefits from its low volatility. If someone who invests money into Bitcoin and hold that investment for 2-4 years he/she could profit a lot form the volatility of the market, while the one who holds gold for 2-4 years then there is very low chance of any substantial profits.

both differ in the risk management that must be carried out by the holder. Gold has a smaller risk of market volatility. I don't see which is more profitable. but if you talk to those who hold gold and don't really know Bitcoin, then they will prefer Gold because of the small risk. but if this question is for those who hold Bitcoin and Gold, maybe there will be an answer which is more profitable.
if we speculate on the time frame in investing, we also cannot see which future will be more profitable. it could also be that the price of Bitcoin in the planned time is also not as expected. we can only see what has happened in the past. however Gold has also seen a nice increase for the holder.

I agree with you that gold is quite low in volatility and is a safer investment for those who doesn't take risks in their lives. But, only the ones who have a lot of money can earn good revenue from gold, and if someone who doesn't have a lot of money to invest in gold then that person won't be able to earn enough good returns from gold investment. For example in place where I live you will have to invest at least $50 or more to acquire some gold, while anyone who knows about Bitcoin could literally invest even $10 without any issue. Let's say that people who invested money in gold in the early days of 2023 when its price was around $1813 per ounce, and the current rate of gold is $1930 per ounce. The return on their investment is around 7% only, and that's nothing compare to the returns of the investors who invested in Bitcoin.

The investor who invested a little amount of money into Bitcoin has higher chance of gaining good returns from the investment then the ones who invested in gold. I know there is risk in Bitcoin investment, but if someone knows the crypto-market very well then the risk is highly reduced. If someone who is well aware of crypto-market will accumulate Bitcoin when it's price is low, and he/she will sell the coins when the price is high. Let's remember those people who invested in Bitcoin in early days of this year when its price was below $16.7k, and the current price of Bitcoin is $30.56k per Bitcoin. The return on their investment is around 80%, and that's way higher than the ones who invested in gold.

[Mame89]

If we look at history, we definitely prefer gold, but if we look at profit, we definitely choose Bitcoin, looking back at history, we have been fooled with paper currency. Besides, bitcoin and gold actually have different instruments, so it's difficult to compare between the two because they have different goals, the analogy is like an F1 car compared to a limousine.

Keeping gold in physical form is the safest and best instrument, the only drawback is that it can be lost, stolen and requires a safe storage place.

There is only one shortage of bitcoins and it is fatal. if one day it happens that the sun emits an electromagnetic storm to the earth and electronic devices cannot be used anymore.

[Blitzboy]

BTC vs Gold, both have advantages and disadvantages, For example: If i am comparing risk then Bitcoin is risky investment if it's volatile, on the other hand Gold is 100% safe i think because there no chance to massive decrease it's price i did not see in the last a couple of years.
If BTC is risky so it's also big profitable investment but gold increases very slowly.

Well, I agree that Bitcoin is a risky investment but the rewards it gives are way better than gold. The volatility of the Bitcoin makes it a good investment for those investors who have mastered the volatility of the crypto-market, on the other hand the ones who hold Gold then they will have to wait for decades to get any good benefits from its low volatility. If someone who invests money into Bitcoin and hold that investment for 2-4 years he/she could profit a lot form the volatility of the market, while the one who holds gold for 2-4 years then there is very low chance of any substantial profits.

Indeed! Many in the financial community want to make analogies between Bitcoin and gold, but this is a bit of a "horse and cart" problem. Bitcoin's extreme volatility may make a savvy investor richer than King Midas. Isn't the element of surprise a big part of the allure? The promise of exponential growth in a short period of time is enough to get anybody excited (with appropriate caution, of course).

However, gold is more like the turtle in this situation. Small but continuous improvements over time characterize this approach. To paraphrase an ancient adage, it is "as sure as gold" in that it is predictable, making it a good way to protect oneself against economic instability. However, the "tortoise" should not be written off just yet. The value of gold has been preserved throughout many decades. Bitcoin? You might say its in its "teenage" years now. It has great promise, but it hasnt been put to the test over the long haul, so it might fail.

[|MINER|]

I don't think the compare is correct Because Bitcoin and gold are two different things, one is a physical asset and the other is a virtual asset and also regarding Bitcoin investment is high risky because of it's volatilities from the gold. But in case of gold it's kind of different gold is one of the best asset. It is much more stable than Bitcoin, but due to the volatility of Bitcoin, it will not be possible to earn the same profits as with Gold. volatilities are one of the strong power of bitcoin.

[lalabotax]

The two are often debated which one is better to hold. if you can do both why not? Just be realistic, when doing business, we don't just rely on 1 income, right? Even more so in investment. I personally prefer money management with diversification. So it's not all in one on one investment like only Bitcoin or Gold. So there is some money for Bitcoin, some for Hold, some even for others such as property and others. Because after all, each has its plus and minus sides that we can take and consider.

[lepbagong]

The two are often debated which one is better to hold. if you can do both why not? Just be realistic, when doing business, we don't just rely on 1 income, right? Even more so in investment. I personally prefer money management with diversification. So it's not all in one on one investment like only Bitcoin or Gold. So there is some money for Bitcoin, some for Hold, some even for others such as property and others. Because after all, each has its plus and minus sides that we can take and consider.

if you really have sufficient funds, I think it is realistic what you say to hold both, there is always one of them that might be better than the other, if both can be good, this is clearly a gift to be grateful for.
actually it is true that investment is not only for gold and bitcoin because there are many investments that are also very attractive as you said, namely property, because usually the increase that occurs is very tempting, although it may not be high due to wrong buying in a bad environment.

[Sebas.tian]

Hold Bitcoin is more favourable than hold gold, because Bitcoin is a decentralized currency which is not control by government or state before it will pump higher or decrease compare to gold that is a centralized currency which is control by government in the country. If you can hold Bitcoin like 5 or 6 year, you will not invest your money on Gold because the huge amount of money you will make in that 5 or 6 year, it will be difficult for you to make such amount of money from gold. It hard for Bitcoin holders to experience failure in their holding, because there are short term holders and there are long term holders, and they are enjoying income from their holding from the beginning of this year till now compared to gold holders who are still struggling to make little income from their holding this season.

[jasonjm]

It is usually a personal preference. Both BTC and GOLD are considered inflation hedges. But, Bitcoin is more volatile than Gold. Gold is used around the world for this purpose, but BTC is new to this scenario. The decision whether you Bitcoin or Gold should be aligned with your purpose of investment. Do proper risk analysis before making a decision.

[Blitzboy]

Hold Bitcoin is more favourable than hold gold, because Bitcoin is a decentralized currency which is not control by government or state before it will pump higher or decrease compare to gold that is a centralized currency which is control by government in the country. If you can hold Bitcoin like 5 or 6 year, you will not invest your money on Gold because the huge amount of money you will make in that 5 or 6 year, it will be difficult for you to make such amount of money from gold. It hard for Bitcoin holders to experience failure in their holding, because there are short term holders and there are long term holders, and they are enjoying income from their holding from the beginning of this year till now compared to gold holders who are still struggling to make little income from their holding this season.

Bitcoin's superiority to gold as bank money is convincing. Bitcoin's decentralization and big rewards have attracted many. This isnt a zero-sum game, though. Bitcoin and gold can coexist. Bitcoin's pros and cons include regulatory concerns and cybersecurity risks. For its stability, investors like gold's centralization, which has pros and cons. Consider carefully your claim that Bitcoin holders nearly never lose money. There have been great successes and terrible failures. Blockchain technology may lead to new financial structures and investments.

[Ricardo11]

Holding Bitcoin and holding gold are completely different. If you hold bitcoins you will be more profitable than gold. Because Bitcoin has high profit potential. Bitcoin is high risk though. If you don't want to take risk, you can hold gold. Because holding gold will yield small amount of profit and risk in holding gold is low. But if you hold Bitcoin, then Bitcoin will give you a chance to be quite profitable. Now, whether you want less profit with less risk, or more profit with more risk, is entirely up to you.

[ektotanes]

I mean, I can hold both Bitcoin and Gold. There's nothing wrong about it. I will win in any case haha

[Halime Anatolia]

While seeing gold has traditionally been seen as a means of maintaining the value of fiat currency, it doesn't necessarily grow your wealth. However, On the other hand, Bitcoin has the potential to significantly increase your investment and grow your wealth over time. With increasing adoption, Bitcoin has shown great appreciation, outperforming many traditional assets.

Anyone holding BTC can benefit from its long-term growth and take advantage of the opportunities presented by the fast-growing digital economy which also offers the prospect of not only retaining value but actively increasing investment, making it an attractive option for wealth accumulation.

[larry_vw_1955]

I mean, I can hold both Bitcoin and Gold. There's nothing wrong about it. I will win in any case haha

gold hasn't really gone up in value in the last 3 years just bumbling around. if you bought in 2014 at $1300 you might have a small profit if you could sell it for around $1900 right now. I say small because that's alot of trouble to go to just to make a couple hundred dollars. Subtract your expenses for storing it, transporting it, etc. It's a hobby unless you buy alot of it.

[FASTPROFITTRADER]

I mean, I can hold both Bitcoin and Gold. There's nothing wrong about it. I will win in any case haha

gold hasn't really gone up in value in the last 3 years just bumbling around. if you bought in 2014 at $1300 you might have a small profit if you could sell it for around $1900 right now. I say small because that's alot of trouble to go to just to make a couple hundred dollars. Subtract your expenses for storing it, transporting it, etc. It's a hobby unless you buy alot of it.

real estate has brought in more money during this time.

[yohananaomi]

It usually comes down to personal preferences. Both BTC and GOLD are considered inflation hedges and can be used when there is an economic emergency. However, Bitcoin is more volatile than Gold. Gold is used across the globe for this purpose, but BTC is new to this scenario. The final decision about holding Bitcoin or Gold should be aligned with your purpose of investment, and you must do proper risk analysis before going forward.

In the end, it is up to the individual to decide where to invest the funds they have. Because both bitcoin and gold are very good investments, all that remains is to analyze them first according to their own situation because they will be different from each other.There are those who are used to investing in gold from the start, but with the current developments, there are also those who have started investing in bitcoin.Always, when investing in either gold or bitcoin, there will be good and bad sides, and just adjusting to one's own situation will make it easier, and there will be trust.
I would obviously prefer bitcoin, but it really takes a lot of money and patience to have because this is a long-term investment. Don't panic quickly because situations change quickly, but every 4 years there will be an increase.

[MarjorieZimmermanGinger]

In this topic I will tell you about two camps; people who like Bitcoin and people who like Gold. So, Hold Bitcoin or Hold Gold ?. We will see from several aspects; Historical, Creator, Supply, Environmental Issue, and Monetary Function.

Between Gold and Bitcoin BTC

I used to be a little familiar with gold because my parents taught us to save assets in gold not in savings, but after I grew up there was a condition where friends introduced bitcoin to me and finally tried bitcoin investment. What I see is that the two have something in common in terms of retaining value and are less affected during inflation or recession, so people call bitcoin digital gold in the current situation. I found the difference in terms of profiting from both differently and gold tends to be more stable and not as volatile as bitcoin.

And I've noticed that gold is slow to make big profits and the price tends to be stable and not as volatile as bitcoin, whereas bitcoin is quick to make profits if you take four or five years of holding the same example. Therefore, now I prioritize bitcoin as an investment asset even though I am still investing in gold because both are still potential enough to be invested now and in the future.

[shivansps]

The big difference is that bitcoin is a digital asset, while gold is tangible. Both have their pros and cons. Bitcoin can multiply several times and make you rich, while gold will keep your money, if it is not stolen of course. If the Internet and the entire digital space collapses, then bitcoin will end, and gold will continue to exist. These things are hard to compare, each has its own strengths and weaknesses. I would use both

[Blitzboy]

It usually comes down to personal preferences. Both BTC and GOLD are considered inflation hedges and can be used when there is an economic emergency. However, Bitcoin is more volatile than Gold. Gold is used across the globe for this purpose, but BTC is new to this scenario. The final decision about holding Bitcoin or Gold should be aligned with your purpose of investment, and you must do proper risk analysis before going forward.

In the end, it is up to the individual to decide where to invest the funds they have. Because both bitcoin and gold are very good investments, all that remains is to analyze them first according to their own situation because they will be different from each other.There are those who are used to investing in gold from the start, but with the current developments, there are also those who have started investing in bitcoin.Always, when investing in either gold or bitcoin, there will be good and bad sides, and just adjusting to one's own situation will make it easier, and there will be trust.
I would obviously prefer bitcoin, but it really takes a lot of money and patience to have because this is a long-term investment. Don't panic quickly because situations change quickly, but every 4 years there will be an increase.

Yes, I get you. Bitcoin and gold have global positions. Its like investing in real and virtual things, and sometimes individuals don't know what to do. Many people, including me, like bitcoin.

Bitcoin does demand effort, and every four years it rises! Its not simply waiting. Its also about knowing when, how, and other seemingly little things. This is Bitcoin's attraction. Complex but simple, dangerous yet safe. It costs a lot but not much. You follow? I think we're all in the same boat with bitcoin and must ride the waves.