Has BTC really become more attractive than gold?

[Wakate]

I still feel like it comes and goes, just like other commodities as of now. No matter how much I like BTC i feel it has lost its true value/comprehension over time. So without a good bandwargon urge it will be just another asset, just llike the others. Investing-wise, it's been a great median at the right moment.

Bitcoin is more valuable than gold for years now and we can benefit from holding and buying Bitcoin if we are very patient to hold for as long as possible. Gold is just a commodity that is traded but the value and price is still less compared to how far the price of Bitcoin has gone do far. We can not buy gold and keep waiting for the price to skyrocket so that we can make money from it but we can buy Bitcoin even as little as $10 and hold for as long as possible we want to hold it. The value is there and we can easily make huge profits from it if we are ready to hold and take the risk that is required for us to make money in the financial market.

[oktana]

Bitcoin is definitely more attractive in the investment sector. There’s no way it did so much price increase without people choosing it over gold. To show how much it is has become attractive as an investment, we now have Bitcoin ETF. Instead of recognizing it as a currency, it was recognized as an investment and that’s a sad thing because they are trying to drive focus away from the currency ability of Bitcoin and making people blinded by what profits they can make when they hodl Bitcoin.

[Yukyzu]

Bitcoin is more valuable than gold for years now and we can benefit from holding and buying Bitcoin if we are very patient to hold for as long as possible. Gold is just a commodity that is traded but the value and price is still less compared to how far the price of Bitcoin has gone do far. We can not buy gold and keep waiting for the price to skyrocket so that we can make money from it but we can buy Bitcoin even as little as $10 and hold for as long as possible we want to hold it. The value is there and we can easily make huge profits from it if we are ready to hold and take the risk that is required for us to make money in the financial market.

In recent years, everyone has realized that the price of Bitcoin has continued to increase since it was issued and now many people are collecting Bitcoin as an option for them to invest in their future and they can buy it with whatever amount they can afford and hold In the long term, both gold and Bitcoin, most people will use it as an investment, but it really depends on the knowledge and understanding they have to make one of these two things an investment and Bitcoin of course has risks and we have to understand it carefully. so that you can make a profit from the investment.

[Iranus]

I still feel like it comes and goes, just like other commodities as of now. No matter how much I like BTC i feel it has lost its true value/comprehension over time. So without a good bandwargon urge it will be just another asset, just llike the others. Investing-wise, it's been a great median at the right moment.

Bitcoin is more valuable than gold for years now and we can benefit from holding and buying Bitcoin if we are very patient to hold for as long as possible. Gold is just a commodity that is traded but the value and price is still less compared to how far the price of Bitcoin has gone do far. We can not buy gold and keep waiting for the price to skyrocket so that we can make money from it but we can buy Bitcoin even as little as $10 and hold for as long as possible we want to hold it. The value is there and we can easily make huge profits from it if we are ready to hold and take the risk that is required for us to make money in the financial market.

How will you make huge profits from bitcoin when your initial capital is only 10 USD? Yes, bitcoin can do that and make many people rich with just a capital of 10 USD or 100 USD if someone bought bitcoin 14 years ago and can hold it until now. But for those starting now, how can you turn $10 or $10k into $1 million thanks to bitcoin? Bitcoin is not a get-rich-quick investment, nor is it a tool that can help you get rich with just a small amount of capital.

In addition, when evaluating the value of an asset, you need to look at their total capitalization, don't just look at the value of each bitcoin or each kilogram of gold and say that bitcoin is larger than gold. What do you think about their capitalization, the gold market capitalization is worth 15 trillion USD, while bitcoin has not even surpassed 2 billion USD?