Bitcoin or Gold

[GeorgeJohn]

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 know quite well that both of them are digital currency but you really invest in something that is evoke not something that has already lose a value of investment because many persons currently especially the young youth does not hold a gold for now because since the existence of Bitcoin in 20 2009 it has taken place by bitcoin is a progressive or a propagated digital currency that is this decentralized and also frequently yield  a profit for the investors, that is why many people deviated from Gold investment to bitcoin investment generally to cryptocurrency investment because it does not have a thought party for it investment and it is something that you can monitor in anywhere you are so I will encourage you to invest in Bitcoin instead of gold that's why that both of them have a disadvantage value so I preferred bitcoin instead of gold investment.

[Nothingtodo]

Investing in both Bitcoin and Gold can be advised as both are equally valuable. If someone wants to invest on a large scale then he will invest more of his investment in bitcoin and less in gold. But by no means should all parts of his employment be investments in either but both. As both gold and bitcoin continue to grow in demand and popularity over time, these two investments will become more popular in the future.

[As-Soon-As]

Investing in both Bitcoin and Gold can be advised as both are equally valuable. If someone wants to invest on a large scale then he will invest more of his investment in bitcoin and less in gold. But by no means should all parts of his employment be investments in either but both. As both gold and bitcoin continue to grow in demand and popularity over time, these two investments will become more popular in the future.

Gold has been spread among people since past and the market did not have much influence, but you see Bitcoin in a very short time in the market has managed to spread the influence of Bitcoin among the people of all countries. So if I compare between gold and bitcoin in terms of investment I will definitely prefer bitcoin investment. It is possible to earn several times more benefits than gold in Bitcoin alone.

[SickDayIn]

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 is finite, and Gold is finite.

However, the rate at which they are introduced into the world is very different, which affects scarcity.

As time goes on for Gold, technology advances and getting Gold out of the earth becomes a lot easier. It is not predictable and uncertain.

As time goes on for Bitcoin, there is a decreasing amount introduced due to block rewards being halved. It is predictable and certain.

I know my pick, go with Bitcoin.

[Blitzboy]

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 is finite, and Gold is finite.

However, the rate at which they are introduced into the world is very different, which affects scarcity.

As time goes on for Gold, technology advances and getting Gold out of the earth becomes a lot easier. It is not predictable and uncertain.

As time goes on for Bitcoin, there is a decreasing amount introduced due to block rewards being halved. It is predictable and certain.

I know my pick, go with Bitcoin.

It is no casual choice. This concerns value's and money's future. GOLD? It had a good run. Shiny, well-liked, and with history. But the world is changing.

We've got technology digging up more and more gold every year, so is it really that rare anymore? Bitcoin, thats a different story. It is safe, limited, and constructed on an immutable, transparent system. Folks, this is gold standard 2.0.

So, whats it gonna be? An antique relic thats losing its luster, or the future of finance?  Where Im investing my money is known. Bitcoin is a gamble on a better, more predictable financial system as much as an investment. Thats an investment in the future.

[Marvell1]

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 is finite, and Gold is finite.

However, the rate at which they are introduced into the world is very different, which affects scarcity.

As time goes on for Gold, technology advances and getting Gold out of the earth becomes a lot easier. It is not predictable and uncertain.

As time goes on for Bitcoin, there is a decreasing amount introduced due to block rewards being halved. It is predictable and certain.

I know my pick, go with Bitcoin.

It is no casual choice. This concerns value's and money's future. GOLD? It had a good run. Shiny, well-liked, and with history. But the world is changing.

We've got technology digging up more and more gold every year, so is it really that rare anymore? Bitcoin, thats a different story. It is safe, limited, and constructed on an immutable, transparent system. Folks, this is gold standard 2.0.

So, whats it gonna be? An antique relic thats losing its luster, or the future of finance?  Where Im investing my money is known. Bitcoin is a gamble on a better, more predictable financial system as much as an investment. Thats an investment in the future.

If I had to choose only 1 of the 2, I would also choose bitcoin because it offers more essential use cases for me and offers much better returns than gold. Between gold and bitcoin, I think bitcoin is much better for my needs but I don't think it's a bad idea for someone to choose gold and it depends on their needs.

But what evidence do you have that gold mining is getting easier and what evidence does gold no longer have to be scarce? Because just looking at gold's chart, it's not growing as fast as bitcoin but it's clearly still growing steadily every year, which shows that demand is still higher than supply. Furthermore, gold is used in many different industries, not just as a storage asset, so I don't think there will be an oversupply of gold as you said.

According to some news I know, there is not even enough gold for the Chinese and Russian governments to buy, and the US is the country that holds the most gold in the world. Why don't they compete to buy bitcoin but instead compete to buy and store gold?
https://www.businesstimes.com.sg/international/chinas-central-bank-adds-more-gold-its-reserves-april

[eightdots]

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.

Bitcoin is very young compared to gold. Although it has proven itself as an investment tool, it has not been able to reach many people who like to invest traditionally. As time goes by and generations interested in technology grow up, interest in Bitcoin will increase further.

This is a process and there is no need to rush in this process. There are many investment instruments and people choose these investment instruments and make their investments. The advantage of Bitcoin is that it reaches more people every day.

[GbitG]

Bitcoin is very young compared to gold. Although it has proven itself as an investment tool, it has not been able to reach many people who like to invest traditionally. As time goes by and generations interested in technology grow up, interest in Bitcoin will increase further.

This is a process and there is no need to rush in this process. There are many investment instruments and people choose these investment instruments and make their investments. The advantage of Bitcoin is that it reaches more people every day.

There are two advantages of Bitcoin that I can think of which I think are the reasons why many people might prefer Bitcoin as an investment option over Gold. The first advantage is affordability, by affordability I mean that a person can start making investments in Bitcoin from as low as $10 which is extremely low and it means that any person having that much money can become a Bitcoin investor. The other advantage is that it is more volatile than Gold which means that the potential to generate profits is higher than Gold in the shorter term.

Gold is one of the best investment assets in the world, there is no doubt about that, and it has been around for centuries which is the reason why many people trust it more than Bitcoin because it has a physical existence unlike Bitcoin which is only available digitally.

[Out of mind]

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know.
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OP, if you invest in either of these two things, gold and bitcoin, you will definitely benefit from holding it. But I think in today's era if you keep up with modernity you can definitely invest in Bitcoin. Also, if you invest in gold it is also better to hold it you will definitely gain in the past people always invested in gold when there was no bitcoin. I think it never hurts to invest between these two things, gold and bitcoin, so you can invest whichever you like.

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

OP, it sounds really funny that you're imagining investments from 20 years ago here, lol. We know that Bitcoin came into the market in 2009 and since then people have invested in it. 20 years ago there was no sign of Bitcoin You may be very ignorant about this, but we can assume that in the future we will celebrate 20 years of Bitcoin.

[kuriboh]

Bitcoin is still very young. How many people truly understand what Bitcoin is?

Bitcoin is still very young because it is now in a perfect position compared to gold. Whether you know it or not, this Bitcoin investment is increasing day by day. Primarily, the youth are investing more here. The mindset of the youth has become such that they will continue to invest even if they have something. With day-by-day interest in technology, youngsters are getting more and more addicted to Bitcoin and will be more in future.

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.

On the other hand, you said that 80% of people in this forum don't understand anything about Bitcoin. I couldn't agree with this because people who come to this forum are new, but after coming here, they get a good idea about Bitcoin. If they need help understanding, they ask questions in the Bitcoin discussion from here. Others explain them by giving good answers, and here you say 80% of people in the forum need help understanding Bitcoin. Most people in this forum know about Bitcoin.

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.

Yes, but it is true that it will take a lot of time to learn about Bitcoin. It is not possible to learn about Bitcoin in such a short time. It needs a lot of analysis and research. Still, I don't know if he will know fully, but he will understand if he can do it with time.

[tottong]

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 have to know your investment vision and if your desire is for stability or not having a lot of risk then choosing gold is a good choice.
But if you want to get maximum profits in a certain time then bitcoin is a much more appropriate choice.
Talking about risk, it cannot be separated from your ability to invest and what you need to know is that investing in Bitcoin can also minimize the risk as long as you hold and do not release Bitcoin when it falls below the purchase price.

The market capitalization for bitcoin is also getting bigger or increasing and it is possible that this will make bitcoin an investment that resembles gold.
However, in terms of maintaining the value of gold it is still very stable and when it comes to profits, it can still be said to be superior Bitcoin.

[Pi-network314159]

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 think you should invest in bitcoin than gold. One can justify it throughYour statement. Bitcoin is a more volatile assets than Gold so as such bitcoin should be taken more seriously than gold because it's volatility is very high. that means withing the interval of 4-10-20 years, you may have made yourself a lot of profit, even if the percentage of the profit is not assured but it is certain that It will yeald a better result than investing on gold. Investing in bitcoin is a nice idea which i will advice anybody to invest.

[boyptc]

The market capitalization for bitcoin is also getting bigger or increasing and it is possible that this will make bitcoin an investment that resembles gold.

It's been called near to gold but they're still different from each other.

However, in terms of maintaining the value of gold it is still very stable and when it comes to profits, it can still be said to be superior Bitcoin.

That's because of Bitcoin's volatility, if it's not with bitcoin's volatility then there's not that much risk to take that shall make it more profitable than gold.

Those early investors of gold can also be in the same situation as us when we've bought bitcoin years ago.