Has BTC really become more attractive than gold?

[YUriy1991]

The largest investors in the financial market still choose Gold, although they are diversifying a part of their portfolio into BTC, I believe that is the best way currently to balance both safety and profit.

It is recognized that until now Gold has been widely accepted but the fact is that now BTC has also gained an increased acceptance rate, where the growth of Bitcoin's value continues to rise especially before the halving and is quite interesting to follow.

Gold has the advantage of having low price volatility and is suitable for becoming a reserve asset, while BTC has higher price volatility and continuously increases in price after each season, making it suitable for investment. It is this high volatility that has created great profits for BTC investors, I think that is an advantage, not a disadvantage of BTC.

What I think and of course the general description of whether you like to invest in gold or invest in Bitcoin is always recommended for long-term goals. But it is also true that you said if you look at it in more detail, there is indeed a big difference when talking about speed in the process of obtaining profits between gold investment compared to BTC in terms of time.

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[CryptoBuds]

Bitcoin investment is indeed one of the best investment opportunities in this era. Though gold is also a good asset for investment but due to the liquidity of Bitcoin which gives everyone an opportunity to have smaller division and trade it digitally using P2P, that's an advantage of Bitcoin over gold. And the volatility of Bitcoin is the major reason for the dump and pump in price, so it's also an advantage because the over movement of Bitcoin says so. Of cause when dealing with an asset digitally it tends to pose more threat as there is a possibility of hack especially when you become careless in storing your seed phrase but it also helps to stay anonymous and even make very large amount of transaction that might even cause a public awareness if it where to be gold.

If you do a little research on BTC, it is not difficult to see its advantages over Gold in the investment field. Therefore, even though Gold has a longer history, larger market cap, and wider acceptance, BTC is still a more attractive investment option for young people.

Gold has the advantage of having low price volatility and is suitable for becoming a reserve asset, while BTC has higher price volatility and continuously increases in price after each season, making it suitable for investment. It is this high volatility that has created great profits for BTC investors, I think that is an advantage, not a disadvantage of BTC.

Choosing gold or bitcoin depends on the amount of capital you have and your risk tolerance. If you are a person with a lot of money and wealth, choosing assets with high safety is obvious even though the profits will be lower. But if you only have a modest amount of capital and want to get rich quickly and to catch up with society's wealth, you will choose bitcoin. Bitcoin seems to be the only way to help you realize your dream of getting rich. That's why rich people will still choose gold, while young people who are starting a business are willing to accept risks to achieve their dreams faster. Gold or bitcoin, which asset will be more attractive, it only depends on you.

[Vincom]

Choosing gold or bitcoin depends on the amount of capital you have and your risk tolerance. If you are a person with a lot of money and wealth, choosing assets with high safety is obvious even though the profits will be lower. But if you only have a modest amount of capital and want to get rich quickly and to catch up with society's wealth, you will choose bitcoin. Bitcoin seems to be the only way to help you realize your dream of getting rich. That's why rich people will still choose gold, while young people who are starting a business are willing to accept risks to achieve their dreams faster. Gold or bitcoin, which asset will be more attractive, it only depends on you.

We can call it an investment appetite, which is related to the return and risk of each asset class. It is possible that the rich are more cautious because they have to manage large assets, while the poor are willing to take the opportunity with BTC because they do not have much to lose. In particular, investment funds can only allocate a portion of their assets to BTC because they prioritize safety over returns for their clients.

However, this may only be temporary. I think with the increasingly widespread acceptance of BTC in the financial market, the number of investors and the amount of money allocated to BTC will gradually increase, pushing the wave of investment in BTC and even the rich will not want to miss the opportunity to earn huge profits with BTC. Young people love BTC more than Gold, they will soon inherit their parents' assets, they will make BTC an important part of their investment portfolio, regardless of the size of that asset.

[barto123]

IMO main thing Bitcoin can't offer offer over gold:

Value in doomsday situation - no power/internet.

My other main concern:

Bitcoin isn't fungible (interchangeable units) either - some is coinjoined (tainted), some is not.

Monero is fungible & will soon undergo massive privacy upgrade - with extremely large anon set.

Gold units aren't all the same either unless they're melted down & are the same purity. This is better than Bitcoin because it doesn't leave a trace of transaction history.

Personally I think it's wise to own bitcoin, monero, gold & silver. Which ever way the world goes, you're covered.

[kotajikikox]

I would say yes, it's becoming more attractive in this recent years if you check its performance over the couple of years and comparing its performance with Gold existential, and if you think of the market cap and what the price would be if it eventually reaches the market cap of Gold, and furthermore, if you look at the monetary problem that Bitcoin have come to solve, and its true decentralized nature and the fact that it is deflationary, no one would ever kick back at Bitcoin, So I believe this is what institutional investors have come to realize about Bitcoin and that's why we've beginning to see more interest on Bitcoin institutional side.

There is no doubt that in the shortest period of Bitcoin existence yet it shows how this grows high in those times comparing to Gold that has  been here since our existence , if bitcoin can reach that high then how much this can be in the coming future?

I will keep trusting bitcoin for the next  decades of my financial freedom and investing.

[milewilda]

I would say yes, it's becoming more attractive in this recent years if you check its performance over the couple of years and comparing its performance with Gold existential, and if you think of the market cap and what the price would be if it eventually reaches the market cap of Gold, and furthermore, if you look at the monetary problem that Bitcoin have come to solve, and its true decentralized nature and the fact that it is deflationary, no one would ever kick back at Bitcoin, So I believe this is what institutional investors have come to realize about Bitcoin and that's why we've beginning to see more interest on Bitcoin institutional side.

There is no doubt that in the shortest period of Bitcoin existence yet it shows how this grows high in those times comparing to Gold that has  been here since our existence , if bitcoin can reach that high then how much this can be in the coming future?

I will keep trusting bitcoin for the next  decades of my financial freedom and investing.

We cant really be able to blame out those investors who had made out that kind of positive insight towards Bitcoin in compared to Gold. If we do tend to make see the charts then no doubt that Bitcoin would really be having that kind of good value and really could be making those investors would really be that interesting on making some switch up but eventually when it comes to security then i would be still preferring Gold but well, why would really be needing up to choose if you could really be simply be able to invest on two things if you do have that funds. You are the ones who would really be making such decisions as long you do have the money
then you could really make out some investments and this is something that you would really be having in mind and it would be a matter of choice.

We cant really be able to deny that Bitcoin investment is really that moving fast in compared to Gold then it would really be just that best on choosing on what investment is really that
something depending on you.

[CryptoBuds]

Choosing gold or bitcoin depends on the amount of capital you have and your risk tolerance. If you are a person with a lot of money and wealth, choosing assets with high safety is obvious even though the profits will be lower. But if you only have a modest amount of capital and want to get rich quickly and to catch up with society's wealth, you will choose bitcoin. Bitcoin seems to be the only way to help you realize your dream of getting rich. That's why rich people will still choose gold, while young people who are starting a business are willing to accept risks to achieve their dreams faster. Gold or bitcoin, which asset will be more attractive, it only depends on you.

We can call it an investment appetite, which is related to the return and risk of each asset class. It is possible that the rich are more cautious because they have to manage large assets, while the poor are willing to take the opportunity with BTC because they do not have much to lose. In particular, investment funds can only allocate a portion of their assets to BTC because they prioritize safety over returns for their clients.

However, this may only be temporary. I think with the increasingly widespread acceptance of BTC in the financial market, the number of investors and the amount of money allocated to BTC will gradually increase, pushing the wave of investment in BTC and even the rich will not want to miss the opportunity to earn huge profits with BTC. Young people love BTC more than Gold, they will soon inherit their parents' assets, they will make BTC an important part of their investment portfolio, regardless of the size of that asset.

We all also hope that in the future bitcoin will be the choice of more people and it will become bigger and safer. But given the current reality, we should not deny that bitcoin is just a speculative asset, get rich quickly and is riskier than other assets.

My investment is 100% bitcoin, not because I don't like other investments but because I don't have too much money to diversify and I'm also willing to take risks to achieve my goals. But that doesn't mean I will lie that bitcoin is the best investment and other investments are useless.

[Vincom]

IMO main thing Bitcoin can't offer offer over gold:

Value in doomsday situation - no power/internet.

My other main concern:

Bitcoin isn't fungible (interchangeable units) either - some is coinjoined (tainted), some is not.

Monero is fungible & will soon undergo massive privacy upgrade - with extremely large anon set.

Gold units aren't all the same either unless they're melted down & are the same purity. This is better than Bitcoin because it doesn't leave a trace of transaction history.

Personally I think it's wise to own bitcoin, monero, gold & silver. Which ever way the world goes, you're covered.

Every asset has its own advantages and disadvantages, BTC is the same, and it is not the best investment or accumulation asset in the world, we can only say that it is very attractive because of the strong price increase and the best decentralization.

Gold can be very good, but in war, we see that people also tend to buy BTC for easy accumulation and movement inside a hard wallet or piece of paper instead of having to take a bigger risk when carrying gold. At the same time, if the apocalypse comes, we will worry more about our fate than care about BTC or other assets. I myself think that I don't need to think about this yet, I'm just focusing on investing in BTC.

[Cryptoprincess101]

I invest in both Bitcoin and gold. I believe it's not wise to put all the eggs in one basket.

You're right and that's good that you've diversified both in good assets. I've seen just today that gold is pumping as well but if we're going to compare its gain to Bitcoin, we know that it's incomparable.

And with the existence that gold has, Bitcoin is still far from it. So both of them have their goodness to each other.

If you're the type of investor that can do both, you're privileged to do it.

I agree with you because gold have always dominated among precious metals over the years and we cannot underestimate the beauty and productivity of gold, bitcoin is just an asset that was introduced and it's still new despite the massive recognition and adoption it has recorded since it's invention. Both gold and Bitcoin are good investment, going for the both may look too expensive but if one have a heavy pocket then you can simultaneously go for the both.

[blckhawk]

~

Each person has their own beliefs, and it is clear that gold has had a very good reputation for thousands of years. It is recognized, owned, accumulated, and traded by hundreds of countries around the world. I also believe that at the present time, BTC is still too young to be compared to gold in terms of value in the economy. However, what we are seeing is a shift of many traditional investors to BTC. Young people also love BTC and they are the ones who will inherit their parents' wealth in a few decades. At that time, BTC may have matured when it is more widely accepted in the investment field.

Currently, gold is still the best reserve asset because its value is stable and increases gradually over time, and BTC is a more attractive investment asset due to its very large growth margin. I believe that although many investors still choose gold, they cannot ignore the profits that BTC can bring.

They can ignore the profits of BTC, if they didn't then we would've seen more people investing in bitcoin a long time ago and yes it's true that there's a shift in terms of investment, I can guarantee you that even young people that don't know about bitcoin would still probably choose a more typical investment tool and not bitcoin, bitcoin's popularity isn't that widespread as we'd like to think it is because we're surrounded with media and people that are into cryptocurrency that we're so in tuned to think that bitcoin's that famous, stepping outside of the box will definitely make you see that there's still a lot that bitcoin needs to do in terms of popularity.

[Yamifoud]

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Every asset has its own advantages and disadvantages, BTC is the same, and it is not the best investment or accumulation asset in the world, we can only say that it is very attractive because of the strong price increase and the best decentralization.

Gold can be very good, but in war, we see that people also tend to buy BTC for easy accumulation and movement inside a hard wallet or piece of paper instead of having to take a bigger risk when carrying gold. At the same time, if the apocalypse comes, we will worry more about our fate than care about BTC or other assets. I myself think that I don't need to think about this yet, I'm just focusing on investing in BTC.

Both of them are useful in a certain situation but the good thing about Gold, the price never drops like Bitcoin. This makes people become certain that investing in Gold is a better option than Bitcoin. But those who love to take risks will choose Bitcoin as well as they believe that despite the high risk, it gives them more profit.

If we think which of the two will seemingly stay long and for several decades, we can assure that Gold remains while Bitcoin is uncertain.
But of course, it depends on our preference and risk appetite. But for me, I'd choose them both because they are both profitable.

[Gaza13]

     Yes, bitcoin may be more attractive than gold, but that doesn't mean bitcoin is better than gold. That's not my point. Gold has long been used by business people, and many businessmen also invest in it. But there are also many people who are not capable of having gold.

     But with bitcoin, any person or ordinary person can have bitcoin for any amount they have, as long as it does not go below 10 dollars. They have a chance to have bitcoin, and the time may come when 10 dollars becomes 1000 dollars, the value that gold cannot do because of the volatility that Bitcoin has.

I am a little contrary to you, indeed gold has long dominated or been used in the world as a fairly stable asset, it is not only business people who can get this gold, people can also have it to save or protect their wealth from being eroded by inflation.

For me personally, bitcoin is a technology created by its creator and how the creator of bitcoin fights against the financial system in the world. which has been held for hundreds of years by his royal family. This is what opens everyone's eyes. We have heard how a family sold all its possessions and took more risk to buy this technological asset than gold. It is clear that Bitcoin supply will remain that way forever and for those who lose the keys to their Bitcoin wallet, this will affect the impact of Bitcoin and make it much more scarce in the circulating market.

[Vincom]

Both of them are useful in a certain situation but the good thing about Gold, the price never drops like Bitcoin. This makes people become certain that investing in Gold is a better option than Bitcoin. But those who love to take risks will choose Bitcoin as well as they believe that despite the high risk, it gives them more profit.

If we think which of the two will seemingly stay long and for several decades, we can assure that Gold remains while Bitcoin is uncertain.
But of course, it depends on our preference and risk appetite. But for me, I'd choose them both because they are both profitable.

Looking back, we have seen Gold prices decrease in 1980-2000 and 2011-2015. This is completely normal because Gold prices had increased very strongly before that. The same thing happens with BTC: after each strong uptrend of +1000-2000%, BTC price often has a downtrend of -70-80%, and I think this is a part of the market. We cannot have high profits without accepting sharp declines. It is the large volatility that can create large profits for investors who understand the cyclical nature of the market.

For professional investors, or at least those who think they are truly professional, investing in BTC at this time around the Halving is a quite wise decision because we will soon have a strong uptrend and high profits, something that Gold is unlikely to achieve because Gold marketcap is too large.

[SeriouslyGiveaway]

I would like to know your views on BTC and gold:

• Are you investing in BTC or gold?
• Do you think BTC has become more attractive than gold in the investment sector?
• Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?

I don't consider gold an investment portfolio, even though its price has recently increased significantly. But in terms of investment, it is not attractive enough for me to invest a large amount of money over a long period of time, the profit rate is not enough for me to consider it as an investment portfolio. I just view gold as an insurance portfolio for my assets.

In contrast, Bitcoin has shown incredible returns if you invest in it early. Clearly Bitcoin is more attractive than gold in terms of investment. If you invest the same amount of money in Bitcoin, the profit can be several dozen times higher than gold. However, I think that Bitcoin and gold can be two complementary assets. You can protect your assets in gold when the market goes downtrend, and sell gold to reinvest in Bitcoin when the market prospers. You can rest assured that your assets will not be eroded by inflation when you do not have to hold USD.

As for Peter Schiff and the media in general, I don't consider what they say to be a truth. They only want us to hear what they want us to hear, every news or opinion of an individual has a purpose behind it. The harsh truth is that the ruling class do not want ordinary people like us to hold valuable assets like Bitcoin, so it is understandable that they try to defame and criticize Bitcoin in the media.

[Luzin]

I agree with you because gold have always dominated among precious metals over the years and we cannot underestimate the beauty and productivity of gold, bitcoin is just an asset that was introduced and it's still new despite the massive recognition and adoption it has recorded since it's invention. Both gold and Bitcoin are good investment, going for the both may look too expensive but if one have a heavy pocket then you can simultaneously go for the both.

Remember gold was discovered a very long time ago. We must know why gold is recognized as a valuable item? this looks the same as Bitcoin. This happened because of the consensus that has taken place to this day. So that trust is getting better, the slight difference is the physical that can be seen. Nowadays Gold is seen as a symbol that has uniqueness. But in modern times like today, of course there will be a shift.

Digital currency, crypto seems to be a technology that adapts to these times. It has proven its value and trust is getting better. But with the condition of age that is still a teenager, it may take more consistency for BTC to match Gold. BTC still needs major institutional recognition if it wants to become like Gold. In value, BTC is more attractive than gold, but in terms of recognition, trust and volatility, it seems that Gold is still better. IMO

[legendbtc]

I agree with you because gold have always dominated among precious metals over the years and we cannot underestimate the beauty and productivity of gold, bitcoin is just an asset that was introduced and it's still new despite the massive recognition and adoption it has recorded since it's invention. Both gold and Bitcoin are good investment, going for the both may look too expensive but if one have a heavy pocket then you can simultaneously go for the both.

Remember gold was discovered a very long time ago. We must know why gold is recognized as a valuable item? this looks the same as Bitcoin. This happened because of the consensus that has taken place to this day. So that trust is getting better, the slight difference is the physical that can be seen. Nowadays Gold is seen as a symbol that has uniqueness. But in modern times like today, of course there will be a shift.

Digital currency, crypto seems to be a technology that adapts to these times. It has proven its value and trust is getting better. But with the condition of age that is still a teenager, it may take more consistency for BTC to match Gold. BTC still needs major institutional recognition if it wants to become like Gold. In value, BTC is more attractive than gold, but in terms of recognition, trust and volatility, it seems that Gold is still better. IMO

Admittedly, bitcoin has been making incredible achievements, but comparing it to gold is really like comparing a teenager and a seasoned old man, there is still a very long way to go for bitcoin can stand next to gold.

Many bitcoin investors are just too eager and think that bitcoin is superior to gold because they only look at the profit aspect and ignore many other factors. But they also need to remember that high returns come with high risks, no asset that offers high returns is safe. Many bitcoin investors are too aggressive and biased to always compare these two assets and always put bitcoin first without any convincing evidence.

[Porfirii]

-snip-

As for Peter Schiff and the media in general, I don't consider what they say to be a truth. They only want us to hear what they want us to hear, every news or opinion of an individual has a purpose behind it. The harsh truth is that the ruling class do not want ordinary people like us to hold valuable assets like Bitcoin, so it is understandable that they try to defame and criticize Bitcoin in the media.

That's what I think, too. A few years ago he said Bitcoin was a bubble, today he says that it should've bought and we all think: oh! we were right and he was wrong! little pat on the back. And in a few months/years he will say something completely different (or not) depending on his interests.

I don't follow his career with a great interest, so maybe I'm wrong, he is honest and he doesn't give a f*** on what people think. But I agree somehow with SeriourlyGiveaway's opinion about the hidden agenda of many of these renowned people.

[jcojci]

Both of them are useful in a certain situation but the good thing about Gold, the price never drops like Bitcoin. This makes people become certain that investing in Gold is a better option than Bitcoin. But those who love to take risks will choose Bitcoin as well as they believe that despite the high risk, it gives them more profit.

If we think which of the two will seemingly stay long and for several decades, we can assure that Gold remains while Bitcoin is uncertain.
But of course, it depends on our preference and risk appetite. But for me, I'd choose them both because they are both profitable.

Looking back, we have seen Gold prices decrease in 1980-2000 and 2011-2015. This is completely normal because Gold prices had increased very strongly before that. The same thing happens with BTC: after each strong uptrend of +1000-2000%, BTC price often has a downtrend of -70-80%, and I think this is a part of the market. We cannot have high profits without accepting sharp declines. It is the large volatility that can create large profits for investors who understand the cyclical nature of the market.

For professional investors, or at least those who think they are truly professional, investing in BTC at this time around the Halving is a quite wise decision because we will soon have a strong uptrend and high profits, something that Gold is unlikely to achieve because Gold marketcap is too large.

Due to its increasing price, Bitcoin has become increasingly attractive to investors. Investors are interested in profiting from the difference in bitcoin prices by holding them for some time. Bitcoin is different from gold because gold tends to be stable and doesn't move quickly like Bitcoin. People who don't want to speculate may prefer gold to Bitcoin because they fear its rapid movements.

However, to last a long time, gold and bitcoin can last a long time. Many people want to hold physical form, so many choose gold over bitcoin. However, with the popularity of Bitcoin now, some of them also want to invest in Bitcoin. The type of investment will depend on each investor. If investors are willing to open themselves up to accepting new things like Bitcoin, they will accept Bitcoin as another investment besides gold. Moreover, this is about how they can gain profits in the future.

[Cookdata]

I would say yes, it's becoming more attractive in this recent years if you check its performance over the couple of years and comparing its performance with Gold existential, and if you think of the market cap and what the price would be if it eventually reaches the market cap of Gold, and furthermore, if you look at the monetary problem that Bitcoin have come to solve, and its true decentralized nature and the fact that it is deflationary, no one would ever kick back at Bitcoin, So I believe this is what institutional investors have come to realize about Bitcoin and that's why we've beginning to see more interest on Bitcoin institutional side.

The ETF spots are been approved in developed countries like US and China, it's now a attractive assets to even many institutional investors but there is no his character of Bitcoin I want it change badly, other traditional assets pump with high volatility but they ar  been careful on how they crash but bitcoin is both side ways, the way it pumo is the same the way it fall if there is any bad news, if that can be reduced or of its a manipulation, the exchanges should find a way to reduce them because they gave the platforms to them to play with the way the want.

The market of Gold you mentioned isn't a smaller one, it's probably around $15T market cap and when I see Comparism of Bitcoin to other assets that are large in market cap, the next question that comes to my mind is where will they see such kind of liquidity to make Bitcoin that big unless if  more institutional investors with billions sitting around the corner buy more Bitcoin, only retailers alone can't make Bitcoin to that level and even if they do, there will be sell off.

We also need the government to stay away with all their shenanigans, they scare investors anytime they become tough with Bitcoin regulation most especially the US SEC, other countries are always scared of US when they are involved in anything related to Bitcoin.

[Falconer]

I haven't excluded gold from my investment portfolio so far, but bitcoin is the asset I most hope to accumulate. Gold has risen a few percent over the past year and I have also benefited from it, but of course gold does not provide higher returns than bitcoin despite its price volatility which is very risky.

Gold and bitcoin are great investment assets, however so far I have only really focused on bitcoin and would prefer to stop buying more gold for now. I will go back to buying gold once I convert my profits from bitcoin.