Hold Bitcoin VS Hold Gold

[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.