Bitcoin or Gold

[kryptqnick]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

This sort of question requires personal research and managing expectations. Bitcoin is convenient because it's digital, and you don't need to rely on anyone to store it or perform transactions. Gold is physical, so you can't use it as an online payment, sending it anywhere is more complex, and you need to figure out where to physically store it. But Bitcoin is very volatile, and sometimes you may need to wait for a year if not more unless you want to sell at a big loss. Gold also has some volatility, but it seems more stable. The time of crazy profits with Bitcoin is likely over, so with both gold and Bitcoin mild profit is a more reasonable expectation.

[BitGoba]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

The proof-of-work algorithm used for Bitcoin mining is very similar to the process of gold mining. In both cases, a lot of resources, money, time, and energy are needed to obtain gold or Bitcoin. If you look at the history of money evolution, the harder form of money always wins. Bitcoin is a harder form of money than gold. The maximum number of Bitcoins that will ever be mined is limited to just 21 million, which gives Bitcoin an advantage over gold because new gold mines can always be discovered, whereas the number of Bitcoins is finite at 21 million. Therefore, it is certain that over time Bitcoin will capture the monetary premium and demonetize gold. It’s like mathematics—2 and 2 are always 4—because everyone wants a hard form of money; no one wants to lose value. However, the process of Bitcoin demonetizing gold is a process, just like how gold has demonetized silver over the past 100 years.

[BitGoba]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

This sort of question requires personal research and managing expectations. Bitcoin is convenient because it's digital, and you don't need to rely on anyone to store it or perform transactions. Gold is physical, so you can't use it as an online payment, sending it anywhere is more complex, and you need to figure out where to physically store it. But Bitcoin is very volatile, and sometimes you may need to wait for a year if not more unless you want to sell at a big loss. Gold also has some volatility, but it seems more stable. The time of crazy profits with Bitcoin is likely over, so with both gold and Bitcoin mild profit is a more reasonable expectation.

I would not agree with you regarding the crazy profits. Bitcoin is still young, and most people do not understand what Bitcoin is. But it is almost certain that in the next decade, it will surpass gold in market cap, and by a significant margin—perhaps 5 times the market cap of gold. A Bitcoin price of 5 million or 10 million dollars is entirely possible because it is a much harder form of money than gold.

[GbitG]

But one is still more preferred over the other as of now, which is bitcoin, the present gold we all have to rush on is on bitcoin adoption, not because we are joining the crowd to do this, but we have realized to the fact that bitcoin is the only answer to most of the economy financial challenges and we need it for our own self, this is part of the reasons why you cannot have it being supported by some countries because of its decentralization, if you have bitcoin and gold to choose, many will go for bitcoin because with bitcoin profit, you can still buy gold.

Right not everyone would think this way. Bitcoin indeed tends to grow in value much quicker than gold but there are other factors that one needs to consider before concluding and one's choice won't solely be dependent on asset growth, things such as security are also considered by a lot of investors and to be honest, gold is considered to be a more secure investment asset when compared to Bitcoin because of its stable growth potential and physical existence.

When you buy Bitcoin, you spend your money on something that doesn't have a digital existence but it is only available digitally which might be a concern for a lot of traditional investors, I know that we trust Bitcoin a lot because it has been around for a long time, but we can't say that this isn't a valid argument.

[Katherine_Alicia]

This isn`t financial advice, just something to consider for the more Liquid parts of a portfolio, why not do both? like 60% BTC 30% cash (cash is also a position) and 10% Gold (I prefer Silver).

Just juggle the numbers around a bit to suit your own risk tollerance.

[BALIK]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

The proof-of-work algorithm used for Bitcoin mining is very similar to the process of gold mining. In both cases, a lot of resources, money, time, and energy are needed to obtain gold or Bitcoin. If you look at the history of money evolution, the harder form of money always wins. Bitcoin is a harder form of money than gold. The maximum number of Bitcoins that will ever be mined is limited to just 21 million, which gives Bitcoin an advantage over gold because new gold mines can always be discovered, whereas the number of Bitcoins is finite at 21 million. Therefore, it is certain that over time Bitcoin will capture the monetary premium and demonetize gold. It’s like mathematics—2 and 2 are always 4—because everyone wants a hard form of money; no one wants to lose value. However, the process of Bitcoin demonetizing gold is a process, just like how gold has demonetized silver over the past 100 years.

But you overlooked one thing that gold is not only used as property, jewelry...but it is also used in many industries. It can be said that the demand for gold is much greater than bitcoin, so even if more gold is mined, it cannot meet the world's demand. Furthermore, I have heard thousands of theories about humanity finding a large amount of gold but so far it has not happened. And as far as I know those rumors are mostly spread by maximum bitcoin investors and the purpose of that is to make gold look bad and exaggerate about bitcoin, nothing more and nothing less. I consider it ugly competition.

As many have said, gold and bitcoin are both good assets and which asset people choose will depend on their needs and preferences.

[moneystery]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

bitcoin development itself is not more than 20 years as far as i understand, so maybe you are wrong about that. and discussing which is better whether gold or bitcoin, it comes back to each investor, some prefer bitcoin but some prefer gold. as for me, i prefer investing in bitcoin compared to gold, although bitcoin tends to be volatile, but that can be overcome if you invest in the long term and get better profits compared to gold. and i can also invest more flexibly in bitcoin because with the dca or accumulation method. and lastly, even though you can invest online in gold or buy physical gold, full control over bitcoin investment is higher, all control is in your hands.

[Hallroom]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

At the present time, relatively everyone is competing, although gold has been with people for a long time.  But Bitcoin has hit its peak in the market for a short period of time and is widely used in every country. And I would like to say that Bitcoin is the best investment over gold, because Bitcoin is one of the most trusted coins of today. And the price increases several times more than what it sounds like so I'd say it's worth the investment.

[TheUltraElite]

But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

I am not sure if you are referring to bitcoin's age or the buyer's age. Considering the first one, because that is more fixed, it has been here for <20years but even then it would be a huge gain if someone bought chunks of bitcoin several years ago.

Gold will also have its pros and cons, it is not worth nothing. These are all different asset classes and the wise thing to do is to keep all types of assets classes in your folio and give them weightage as per your choice.

Traditional assets, precious metals, bonds, crypto can all be part of it. Dont go all in on one of them.

[stadus]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

You don’t have to chose between bitcoin and gold because both are profitable investments. You can invest in them both, but I suggest put a bigger allocation for bitcoin something that you can still afford to lose since it’s still considered a high-risk investment. However, bitcoin is considered more safe and secured as long as you keep it in your own protected wallet, and history has proven that it offers the highest potential returns, something that other investments may take a lot of years before it can guarantee you.

[yudi09]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know.

If you know gold is more stable and you want big returns when the price reaches the latest ATH, of course your choice is Bitcoin.
Don't just think about the profits, but think about the risks and challenges.

But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

Behind the development of Bitcoin prices from the past until now, the price was $60,000 and once reached $73,777, people never knew it could be like this and almost no one has held it for decades.
When you start to become aware of the future of Bitcoin, start to take part in Bitcoin with the condition that you are physically and mentally ready.

[Cvetik56]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

You don’t have to chose between bitcoin and gold because both are profitable investments. You can invest in them both, but I suggest put a bigger allocation for bitcoin something that you can still afford to lose since it’s still considered a high-risk investment. However, bitcoin is considered more safe and secured as long as you keep it in your own protected wallet, and history has proven that it offers the highest potential returns, something that other investments may take a lot of years before it can guarantee you.

Well, Gold is not that profitable, but it doesn't lose its value either. Investing in both is a good option, but I chose Bitcoin and crypto in general.

[uneng]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

Bitcoin. I guess if you had enough money to buy gold as investment, you wouldn't be concerned about the profitability factor at all, because gold is an investment for those who already have their patrimony consolidated and just want to maintain it, to protect it, while Bitcoin is a more suitable investment for those who are trying to build their financial life yet, even from zero!

You are looking for investments with potential to grow your money, so it's Bitcoin you are looking for. We can't say if history is going to repeat itself regards Bitcoin, but there are serious chances this cryptocurrency still have a lot of potential to reach superior ATHs yet, and the sooner you start accumulating it, the better your chances are to achieve satisfactory results in the following months or years.

[Blitzboy]

You want something safe? Gold's been good for centuries. Still, you'd like something a little more stunning. Bitcoin's your guy. Digital gold is the future and has been bringing people fortunes. But folks don't put all their eggs in one basket. They combine some of that relatively new Bitcoin with some of that old-fashioned gold.

People, it goes beyond money. It has to do with having belief in something. It's about believing a tiny bit in technology and the future. And who, to be honest, doesn't want to be a part of the future? You want to win then? Become diverse. That winning combo is Bitcoin and gold.

[GigaBit]

A debate between Bitcoin and Gold investors is often seen as to which one is more profitable for them to invest. The comparisons we see with gold in this case is that gold can provide a steady return to the average investor whereas an investor can get little return on long term investment. Gold has managed to deliver approximate 30 percent adjusted returns over the past decade, which is just 2 percent on an annualized basis. And it took centuries for gold to reach this position. On the other hand, there is no fixed supply of gold, but gold can be mined by founding new one.

What matters to us when it comes to Bitcoin is that although it is volatile in nature, it is definitely profitable in the long run. Who are long time investors everyone has profited while holding Bitcoin. Moreover, it is an attractive investment medium for current and future generations. As demand for Bitcoin is steadily increasing and its supply is limited, it can reach new highs very quickly. Moreover, since Bitcoin is easy to use in terms of transactions, it can be used for various purposes. etc. There are various reasons i think Bitcoin investment is better than Gold.

[BitGoba]

Bitcoin is still very young. How many people truly understand what Bitcoin is? Probably even 80% of the people on this forum can't understand Bitcoin, and some have been in the space for years. Bitcoin is a complete paradigm shift, and it will take time for people to grasp what it is. As I mentioned earlier, harder forms of money always win everyone wants hard money. no one wants to lose. Eventually, everyone will own Bitcoin and will acquire it at the price they deserve.

[Wakate]

This isn`t financial advice, just something to consider for the more Liquid parts of a portfolio, why not do both? like 60% BTC 30% cash (cash is also a position) and 10% Gold (I prefer Silver).

Just juggle the numbers around a bit to suit your own risk tollerance.

I think this is quite okay and could really make good sense putting 60% on Bitcoin and the rest will be for cash and buying gold. Gold is very volatile but do not appreciate like the way Bitcoin is doing. Bitcoin is one of the volatile coin we can make money from with ease and I am very interested holding for as long as possible. Bitcoin might not have to value we can use to compare with gold but it is quite profitable compared to holding gold. Gold is mostly controlled by the US government which makes the price to be easily manipulated and controlled so that things don't go too far or become worse that would make buyers to dump their gold assets.

[Psalms23]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years...

Tough call, but I'd prob lean towards Bitcoin. It's digital, easy to trade, and not tied to any one country's economy. Gold's cool too—shiny and has been valuable forever, but it's heavy and a pain to store. Plus, Bitcoin's got that future vibe, you know.

Bitcoin's got a fixed supply, so there's no printing more of it, unlike fiat money. It's also super accessible—you can send it anywhere in the world in minutes. Plus, it's becoming more accepted for buying stuff. Gold, on the other hand, is great for holding value over the long term and is a solid hedge against inflation, but it's not as easy to use for everyday transactions. Also, Bitcoin's tech keeps evolving, making it more secure and useful, while gold just kinda sits there looking pretty.

[Psalms23]

Bitcoin is still very young. How many people truly understand what Bitcoin is? Probably even 80% of the people on this forum can't understand Bitcoin, and some have been in the space for years. Bitcoin is a complete paradigm shift, and it will take time for people to grasp what it is. As I mentioned earlier, harder forms of money always win everyone wants hard money. no one wants to lose. Eventually, everyone will own Bitcoin and will acquire it at the price they deserve.

I totally get what you're saying. Bitcoin's still a baby in the grand scheme of things. It's not easy to wrap your head around, especially with all the tech jargon. Even folks who've been around for a while can get tripped up by it. It's like this big shift in how we think about money moving from something physical to something digital and decentralized.

And you're spot on about hard money. People want something that holds value, and Bitcoin's got that potential with its fixed supply. It'll take time, but as people start to understand and trust it more, they'll jump on board. Everyone wants in on the action, and yeah, they'll get it at the price they deserve based on when they decide to dive in.

[re-start]

If you are interested in traditional investment, gold is a good option for you. But if you are looking for a safe and decentralized investment method, Bitcoin is the best option for you. Long-term Bitcoin may be more profitable than gold. You can even diversify your portfolio and have both.