Bitcoin or Gold

[Faisal2202]

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...

I suggest doing your own research, which you might already have but you are just experiencing that fear of taking the first step. This is natural so don't hesitate if it's your first BTC investment do it. If you fear losing it all then do diversification. In which you invest some amount in one asset and some amount in another. This way if one goes wrong expectations then the other will give you back up. Overall both are good investments. I consider BTC the digital type of Gold. Because just like physical gold this BTC is also not backed by any other type of asset or currency.

But definitely there are some big differences between these two but If I would be at your place, I would consider to buy BTC according to my condition as buying Gold is a bit hard due to taxes, enibiroment where I am living, expenses of transporting them etc. etc. While buying BTC is way easier that my parents (living in the same house) won't even come to know that if I have bought BTC.

[petermaier2024]

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...

I suggest doing your own research, which you might already have but you are just experiencing that fear of taking the first step. This is natural so don't hesitate if it's your first BTC investment do it. If you fear losing it all then do diversification. In which you invest some amount in one asset and some amount in another. This way if one goes wrong expectations then the other will give you back up. Overall both are good investments. I consider BTC the digital type of Gold. Because just like physical gold this BTC is also not backed by any other type of asset or currency.

But definitely there are some big differences between these two but If I would be at your place, I would consider to buy BTC according to my condition as buying Gold is a bit hard due to taxes, enibiroment where I am living, expenses of transporting them etc. etc. While buying BTC is way easier that my parents (living in the same house) won't even come to know that if I have bought BTC.

thank you for the important reply, in some countries in Europe you can buy Gold easily anonyme until 12k USD.

Peter

[hardworkinfamilyman]

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...

Both! They Both hold great store of value.

[Aanuoluwatofunmi]

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...

Both! They Both hold great store of value.

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.

[aylabadia05]

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...

Do both if you are able to do so with adequate financial support. Why? because gold is a precautionary asset when you need it urgently when cash is not enough to help. While Bitcoin is for the long term.

If you already understand Bitcoin's performance in the long term, I think what I said can be a consideration, but don't force yourself if you are not able.

[ChiBitCTy]

You likely shouldn't be buying either one of them if you don't have a proper investment portfolio already established.  Do you?  That's the first question I would be asking myself.  Next I would say..both.  Neither are the same thing.  Bitcoin and Gold are two entirely different entities and have different properties and are used for different things.  Both have their pros/cons..so I would own both if I could. 

[C10H15N]

You likely shouldn't be buying either one of them if you don't have a proper investment portfolio already established.  Do you?  That's the first question I would be asking myself.  Next I would say..both.  Neither are the same thing.  Bitcoin and Gold are two entirely different entities and have different properties and are used for different things.  Both have their pros/cons..so I would own both if I could. 

I would go so far as to say both belong in a proper investment portfolio that also consists of real estate, stocks, and bonds.
I'm a firm believer in owning a diverse array of appreciable and income producing assets.

[Z-tight]

I would go so far as to say both belong in a proper investment portfolio that also consists of real estate, stocks, and bonds.
I'm a firm believer in owning a diverse array of appreciable and income producing assets.

Here is a proper way to diversify assets, instead of buying BTC and altcoins which a lot of people do and think they have diversified their funds. It is always good to buy assets that have diverse risk, gold, bonds and real estate and a bit less risky than BTC, but the BTC can produce returns faster and in larger amounts. However, it is good while investing, that one should balance out the risk, so i support investing in BTC and some of these assets, it would make a great portfolio.

[Emmanuelex]

Instead of asking all these questions, why not just invest in both of them?

We know Bitcoin and gold are all really good investments, so if you have enough money to go for both, then you should do it. If you don't have enough money, then you can choose one depending on what you like; if you're a type that likes a volatile market, then Bitcoin is the choice, but if you prefer something a bit more stable, then gold is a way to go.

I am not the type to limit myself to one option, I invest in crypto and also invest in other assets. Whatever I feel is worth investing, I definitely go for it, rather than limiting my options.

[Hamza2424]

Ask this question on a bitcoin forum, people tell you to buy Bitcoin.
Ask this question on a gold forum, people tell you to buy gold.

Buddy comparative study is not prohibited or polls or questions or guidance. The forum allows all types of discussions so if you are interested in any of such topics just bring it on, as OP did we are here to guide and discuss. TBH Bitcoin vs Gold is not a new topic here we've discussed it 100's of times and in every discussion, there are some old views and some new views according to the current development timeline.

[Miles2006]

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...

Make your research and decision willingly, if I should mention bitcoin investment how can you invest without knowing what to do likewise gold. Questions like this is just too common here, if I should choose between gold and bitcoin I will definitely go for bitcoin investment, although gold is more stable compared with bitcoin but still doesn’t change the fact that bitcoin is a growing asset. Storing both assets can be difficult so an investor just have to determine which one is more easier according to their ability.

[red4slash]

Before discussing this topic I just want to suggest that you spend more time reading some threads in the forum because indeed the discussion about bitcoin or eth, bitcoin or real estate, bitcoin or gold etc. has been very much discussed here and the answer is still not much different from before because it is the same discussion, the answer will definitely remain the same where when investing you have to determine what you think is right and in accordance with the vision you have.

We cannot say that asking for advice is bad, it's just that in this case when investing, it is certain that this must start from your own interest and cannot be interrupted by others because even if it is recommended to be in bitcoin or gold but when we are not interested, this also cannot be used as a good basis for continuing to invest.

You have to convince yourself first whether you really want to join bitcoin or gold because both are still one of the very good options for future investment and the only difference is the progress and risks involved.

[Z-tight]

Storing both assets can be difficult so an investor just have to determine which one is more easier according to their ability.

What's difficult about owning gold, as well as BTC. There are surely a lot of people who own the both assets, it is usually lack of funds that make investors choose one or the other. Whenever the BTC or gold argument comes up, the first question a lot of people ask is why one has to choose between them, when you can accumulate the two and diversify your wealth.

[legendbtc]

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...

Both! They Both hold great store of value.

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.

It is true that bitcoin is trending and becoming a trending topic everywhere on the internet but I still believe that gold is still more popular if we evaluate the overall demand of the world.

For the rich and the older generation, gold is still their preferred choice because it ensures their asset value as well as their safety. Meanwhile, bitcoin will be the choice of young people, those with little capital and want to get rich quickly thanks to the volatility of bitcoin. It can be seen that each asset has its own user group.
In addition, in terms of popularity, legality and recognition, bitcoin is still not comparable to gold, so it is difficult to say bitcoin is more preferred than gold at the present time.

[OrangeII]

Storing both assets can be difficult so an investor just have to determine which one is more easier according to their ability.

What's difficult about owning gold, as well as BTC. There are surely a lot of people who own the both assets, it is usually lack of funds that make investors choose one or the other. Whenever the BTC or gold argument comes up, the first question a lot of people ask is why one has to choose between them, when you can accumulate the two and diversify your wealth.

LOL, there is nothing difficult about it when we have money. If you are confused about choosing one of them, then choosing both could be the right choice. However, if you want to choose one of them, I think it depends on the conditions and situation. Personally, until now I tend to choose bitcoin because I feel that it is easier to use it to improve my finances quickly. However, if I had enough money, then I would choose gold as a long-term investment.

[Bd officer]

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

Both bitcoin and gold are good for investing. But if viewed as risky, investing in Bitcoin is riskier than gold. If you want to take some risk then you can invest in Bitcoin. But if you can invest in Bitcoin and keep it for a long time then you can definitely profit. There is not so much risk in the case of gold. Investing in Bitcoin can earn you more profit than gold. However, there are many who invest in both Bitcoin and Gold, some invest only in Bitcoin, some invest only in Gold. If you have enough funds you can invest in both gold and bitcoin.

[SatoPrincess]

Storing both assets can be difficult so an investor just have to determine which one is more easier according to their ability.

Storing bitcoin is not difficult and you get to have self custody. All you need is a good bitcoin wallet and a secure storage method for your private keys. You need more complex security to protect your precious metals, most times you may have to rely on a third party service to protect your gold.

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

You don’t ask such question in a Bitcoin forum. It would not be irrational to assume that 90% of forum members are bitcoin hodlers and very of them own gold in large quantities. So the replies you’re going to get here will be one-sided for sure.

[Dr.Bitcoin_Strange]

Invest in the asset that you have concrete knowledge about; if I were to make a choice for you, I would pick bitcoin over gold. Bitcoin makes it possible for you to hold your asset peacefully in your self-custodial wallet without anybody knowing unless they are being told by you. You can also sell your bitcoin any time you want without anyone knowing. I don't think it's very easy to sell gold in some countries, according to what I read online. In my country, you can easily buy and sell gold, but it's not that easy in some countries. Bitcoin is a great asset to invest in if you can actually hold it for a long time. 

[DiMarxist]

If you know where not invest in gold then you can split your investment in two places. One for gold and you like to do that and the second is for bitcoin as you also like it. And I think investing in bitcoin is much more easier than Gold because you just login to an exchange or someone you know and buy bitcoin and start the investment journey but Gold I do not know where to get and I have not seen it.
It is better to invest on an asset you have seen and know that is is easy to have.

[passwordnow]

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

You posted this on a bitcoin forum and obviously you'll expect what you should buy. We're all going to tell you to buy Bitcoin. 100%. That's all you need to know and even if gold has been stable for years or centuries. What if you buy the digital gold? also known as Bitcoin? If you are for the stability, you can't just ignore that fact for Bitcoin because it's also has been stable since it has been made and introduced to the world.

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

And that's why don't let each month or year passes by that you don't hold it. What will happen in the upcoming years is unknown but as long as you're prepared with all of a sudden move of Bitcoin, you have got it. And you'll not miss that opportunity when it comes and that's why you need not to think about it, just buy BTC.