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Author Topic: Hold Bitcoin VS Hold Gold  (Read 984 times)
Ricardo11
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July 06, 2023, 05:02:09 AM
 #141

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.

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July 06, 2023, 10:54:23 AM
 #142

I mean, I can hold both Bitcoin and Gold. There's nothing wrong about it. I will win in any case haha
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July 16, 2023, 09:51:32 AM
 #143

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.

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August 07, 2023, 01:23:21 AM
 #144

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.
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August 07, 2023, 01:38:08 AM
 #145

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.
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August 07, 2023, 09:34:45 AM
 #146

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.

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August 07, 2023, 10:14:40 AM
 #147

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.

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August 07, 2023, 10:18:05 AM
 #148

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

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August 07, 2023, 11:16:14 AM
 #149

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.

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