Hold Bitcoin VS Hold Gold

[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.

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[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.