[Bitcoin or Gold] choose correctly

[el kaka22]

There isn't really a correct answer to these type of questions, I understand that people want a yes or no type of answer but sometimes it is not anything that will get a result if you just pick one or the other. There will be times in history when holding gold is better than holding bitcoin and there will be times when holding bitcoin will be better than holding gold. This is why we can't really make any type of change at any given moment, it just won't work that way.

We need to make sure that we can handle with something that will get some time, and because of that we should consider the fact that we could probably make it all the way to everything in the end.

We need to consider that if all goes well, then bitcoin should be better because we are near the bull period now and after halving, so the price will end up going up, or at least it's hoped to be going up. Gold could be better once again in the future, but for the next one year or so, I am hoping that holding bitcoin should be better deal, if I am wrong and it is not, then it means a lot of people on the market is already wrong, and that will not be something that people will be happy about neither, we are going to end up being quite upset.

[Dunamisx]

I think this topic had been discussed on several occasion in choosing between bitcoin or gold that which is the best, here on the forum, we are not in support for bitcoin because its a digital coin in which was launched by the creator of this platform, but because it is what we all know to be real and true about all that people were saying about it for adoption and profitability, including decentralization which were all part of the added advantages you can get from bitcoin over the use of gold as an asset for an investment.

[Mame89]

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Feel free to discuss here let us have the general overview from people towards Bitcoin and Gold.

I like gold as part of a beauty complement that cannot be separated from women forever, but for long-term investment, Bitcoin is much better because it promises bigger profits, so if asked to choose between gold or Bitcoin, which would I want to make as an investment choice, the answer would be are bitcoin.

Apart from that, Bitcoin can be liquidated quickly, less than an hour and can be done on a smartphone wherever we are, you can transfer it and take it anywhere you like easily, so in my opinion Bitcoin is far superior to gold.

There is always a debate between these two investments because they both have different characteristics and each has its own advantages. Indeed, if we talk about who is superior in the long term, the answer is of course investing in Bitcoin because it has the potential to provide many benefits compared to slow gold. But whatever it is, in my opinion both are long-term investments. However, it would be even better if we had both investments.

Another advantage of bitcoin is of course that it is easy to access anywhere using a smartphone and easy to carry anywhere. This is very different from gold. It is difficult for us to carry it everywhere in large quantities, especially if we travel abroad. Regarding security, bitcoin is also very superior to gold, bitcoin is 100 times more advanced than gold and bitcoin is freedom.

[kawetsriyanto]

I think this topic had been discussed on several occasion in choosing between bitcoin or gold ~

Yep, you are right.

here on the forum, we are not in support for bitcoin because its a digital coin in which was launched by the creator of this platform, but because it is what we all know to be real and true about all that people were saying about it for adoption and profitability, including decentralization which were all part of the added advantages you can get from bitcoin over the use of gold as an asset for an investment.

The members of this forum must prefer Bitcoin whatever the reason. We have no reason to join this forum because of choosing gold.  
Well, everyone must try to invest in some assets, whether safe assets and risky assets. We know the term of diversification, we probably won't rely on Bitcoin or Gold only. We should prefer to invest in both of them. Even, I believe we may invest in more assets such as lands, property, or etc. This is the way to deal with the risks and increase the opportunity of optimum profits. However, we must have specific allocation for each assets. I my self surely prioritize Bitcoin, I spend around 60% of my funds on Bitcoin and altcoins. The rest, I will buy Gold or other assets. DWYOR

[batang_bitcoin]

Although I like gold and getting some interest on it but not with gold bars but with jewelries.

If you choose jewelries as a form to invest in gold, I'd say it's a terrible idea since the value of jewelries and gold bars are not same, jewelry shops sell high and you will not earn as much as gold bars.

I agree, if you have the ability to invest in gold, you should choose gold bars instead of gold jewelry because gold jewelry has a large price difference when buying and selling. But investing in gold jewelry will be easier because it doesn't require too much capital, but with gold bars we will need a large amount of capital.

That's the point why I think if I'll invest into precious metals, I'd go with the gold jewelries. Well, there truly are cons and pros to this and I know that for the fact investing in gold bars is really a good one. Thus, why most countries have their gold reserve in that form and nothing is going to beat that with that reference.

That is probably also the reason why many people hesitate to invest in gold bars.

Not only with capital but also with what I have said that you need to carry it and as obvious, the heavier it is, the greater of its value.

[Marvell1]

There is always a debate between these two investments because they both have different characteristics and each has its own advantages. Indeed, if we talk about who is superior in the long term, the answer is of course investing in Bitcoin because it has the potential to provide many benefits compared to slow gold. But whatever it is, in my opinion both are long-term investments. However, it would be even better if we had both investments.

Another advantage of bitcoin is of course that it is easy to access anywhere using a smartphone and easy to carry anywhere. This is very different from gold. It is difficult for us to carry it everywhere in large quantities, especially if we travel abroad. Regarding security, bitcoin is also very superior to gold, bitcoin is 100 times more advanced than gold and bitcoin is freedom.

You cannot use bitcoin without an internet-connected device, you cannot use bitcoin in places where bitcoin has not been accepted or many people do not know about bitcoin. Meanwhile, with gold you can do all of those things because gold has become so familiar around the world.

Although gold is bulky and we would have difficulty storing or moving it in large quantities, storing bitcoin also carries certain risks. For example, hackers, viruses or unfortunately you accidentally lose the seed phrase, you almost don't have a second chance to get your bitcoins back.
Obviously, both have advantages and disadvantages and depending on each investor's needs or preferences, I think both are worthy of being in everyone's investment portfolio.

[Samlucky O]

Well I made this post on how people could view from having Bitcoin or Gold. Please give your reasons for choosing any of this let us know how people could classify gold and bitcoin.
To me gold is more of fashion using it for beauty than bitcoin, when you talk about gold you remember your lovely clothes that is designed by Gold, your lovely necklace, ear ring name it all this is were we can classified gold mainly for beauty and design even though it is used as store of value or as a reserved fund.

Although Gold may have all that physical characteristics of being used for beauty/design, decoration and a store of value that makes it exceptional from bitcoin, because bitcoin doesn't have that physical features/nature or property. But I still prefer bitcoin over Gold because bitcoin can be traded online while Gold can not. bitcoin is more volitille than Gold and it can be bought at any given time from the comfort zone of a person. You can also buy huge amount of Bitcoin and store in a wallet for a very long time of over 50 to 100 years because it is compatable. But Gold is like "matter" it has weight and occupies space. Meaning a gold of $7b will occupy a large space while a $7b bitcoin will be in a wallet without notice of anyone. Bitcoin doesn't need to be stored in the bank or voult but gold can be stored in bank or voult. So in all ramifications bitcoin is more preferable than Gold.

[dansus021]

[Bitcoin or Gold] choose correctly to be honest why not choose both I mean both are investment tool the only difference is one is already lived on earth for a long time and proven as a safe haven asset and the other one has already proven can give you double-digit APY and act as safe haven against inflation.

Today Inflation is crazy frenn. War already started at some places. Geo Politics is uncertain and things can go wrong. By investing both of it I think is the best option right now gold for safe haven and bitcoin to grow your money.

[stomachgrowls]

Well I made this post on how people could view from having Bitcoin or Gold. Please give your reasons for choosing any of this let us know how people could classify gold and bitcoin.
To me gold is more of fashion using it for beauty than bitcoin, when you talk about gold you remember your lovely clothes that is designed by Gold, your lovely necklace, ear ring name it all this is were we can classified gold mainly for beauty and design even though it is used as store of value or as a reserved fund.

Bitcoin: when you hear about bitcoin what comes into your minds, investment, savings, peer-to-peer and mining. Apart from that what else comes into your mind?
In general I choose bitcoin over Gold because it's more accessible, and one can acquire it at any given time and moment irrespective of how much you are holding it's not like gold you must have some thousand of dollars to acquire it. In all, Bitcoin there's no restrictions on the total amount of bitcoin you could own or have in your custody provided you use the right wallet and have your details stored you are good to go.

Feel free to discuss here let us have the general overview from people towards Bitcoin and Gold.

If i do have that sufficient money then why would really be needing up to choose in between if you could have both? Bitcoin is much more better if we do speak about profitability in a short period of time or
something which its value could really be able to go into a certain level on which gold couldnt really be able to surpass or simply speaking about price volatility, but cant really be denied that gold investment
is also that looks interesting on which this is why on the time or moment that i have sufficient money or capital on which i could really be able to diversify my investment then i would be considering gold
to be included into my investment.Somehow this would be particularly be depending into someones choice because if you do found yourself having that sufficient amount of capital then you would
definitely be going into some investment on which it could potentially bring up that fast return or profits on which this could really be found on Bitcoin.

[AprilioMP]

Feel free to discuss here let us have the general overview from people towards Bitcoin and Gold.

I had to sort it out even though in the end my answer was that the correct choice for these two choices was both, Bitcoin and gold.

I chose Bitcoin for the main reason that it is a long-term investment. The explanation is that Bitcoin globally in the next few years will become the center of world attention in an economic system where more and more people are placing their hopes on Bitcoin, where data shows that its circulation has almost reached a total of 21 million created.

Gold is an investment asset that has a value above inflation, even though the stable level of gold is a source of support when needed due to not running out of fiat or as reserve funds.

[letteredhub]

If I can turn I would love to have gold and bitcoin as part of my investments, as it's all part of multiple investment strategy. But if just one is given then it's bitcoin for me right now. It's obvious the gold has been in existence for over centuries and has a wide acceptance as store of value to many individuals and government, a feat that bitcoin hasn't come close if we're to be realistic and honest with our contrast. But I chose bitcoin for many reasons, it's simple to hold, store and secure privately, and the ecosystem is still somehow new with much opportunities to take hold of in creating wealth for the future as the currency keeps growing value.

[STT]

Why do people say either or to the options, choose both according to your needs.   Gold has a cost and large spread to its purchase and ideally should only be held for 10 years or more or you are risking losses in your attempt to save money.  Obviously you can speculate on either of these assets but they are both far more long term term in their base line then most realize.

[mich]

Well I am going to have to say Bitcoin. But this is because I do not like to invest my fiat in precious metals like gold and silver.

I will prefer to have my investment in digital currencies like bitcoin and the other alts. But I do agree with some people here you can have both of them. But for me my choice is going to be Bitcoin.

[shinratensei_]

my stance is simple.

wanna make wealth? then go with the investment instrument that has more potential in the long run to grow big, like bitcoin and it's still in its initial phase in my opinion, investing in bitcoin I always consider to be a good way to create wealth.

but, if you want to retain wealth and eliminate risk, simply with gold, it will beat inflation rate, but won't make you rich, doesn't matter how long you will wait for it, the increase will never be that much, as it is only an investment to fight inflation and limited to only that.

[philipma1957]

Well I made this post on how people could view from having Bitcoin or Gold. Please give your reasons for choosing any of this let us know how people could classify gold and bitcoin.
To me gold is more of fashion using it for beauty than bitcoin, when you talk about gold you remember your lovely clothes that is designed by Gold, your lovely necklace, ear ring name it all this is were we can classified gold mainly for beauty and design even though it is used as store of value or as a reserved fund.

Bitcoin: when you hear about bitcoin what comes into your minds, investment, savings, peer-to-peer and mining. Apart from that what else comes into your mind?
In general I choose bitcoin over Gold because it's more accessible, and one can acquire it at any given time and moment irrespective of how much you are holding it's not like gold you must have some thousand of dollars to acquire it. In all, Bitcoin there's no restrictions on the total amount of bitcoin you could own or have in your custody provided you use the right wallet and have your details stored you are good to go.

Feel free to discuss here let us have the general overview from people towards Bitcoin and Gold.

I would do both and any effort to force me to pick one or the other is an attack on my personal belief that I should be free to choose what I can own. The only limits on my ownerships rights would be:

I can't own people.
I can't own something that is not freely offered for me to buy.
I can't own super weapons.

I think if the rules above were to be followed we would be better off.

BTW I own more BTC than I own Gold and I own more silver than gold but less silver than BTC

the order is

1) BTC
2) Silver
3) GOLD.

HERE are three threads that show I do own silver and sold some off this year to buy BTC






I may sell more of my silver later this year and buy more BTC

[GxSTxV]

For sevral reasons, I would always choose Bitcoin over Gold for investment or savings. As a man, I find it pointless to wear or own gold for any purpose, unlike many who use it to show off their wealth, such as wearing golden watches or clothes to impress others, which seems useless and even unfashionable.

If I were to earn and own a significant amount of money, ngl I might consider owning some gold for savings. Some users here suggest silver as a better option over gold, following Bitcoin. Personally, I believe that smart people will prioritize Bitcoin as their top choice with the majority of their savings invested in it.

Gold lacks security during times of war, for example having a significant quantity of it can even put one's life in risk if others noticed or saw you with that valuable quantity of gold while it is war. Bitcoin on the other hand is not traceable, as no one would know you possess that much of it, allowing for safe and easy transactions all over the world, even if you change a country, you can either buy stuff with it, or exchange it for local currencies.


Apart from comparing it to things that existed centuries before Bitcoin, IMO, this cryptocurrency stands out as the greatest innovation of this century. Bitcoin and crypto, in general are revolutionizing and positively impacting people's lives.

[o48o]

I'm ok with what you say but not about the bad side of Gold and its exploitation. We have the tendency to forget there are many things that can be done to limit the environmental impact. It was a point that concerned the Minamata Convention (a decade ago). But as you know, as long there is a lot of money to make, they don't really care about environment.
As you can mine bitcoins with green energy, you can mine gold more correctly, a kind of "green gold". There are labels such as Fairmined and Fairtrade.

some persistently try to impose their agenda about how BTC mining pollutes the environment and consumes too much electricity

Funny because yesterday Vladimir Putin has warned of the “uncontrolled growth” in electricity consumption required for cryptocurrency mining in Russia.

If one would have to choose from those, i don't get why wouldn't everyone in here automatically pick bitcoin. I mean it's not like we are in goldtalk forum or something.
And even though i see bitcoin's future more uncertain then gold, i would pick btc without a question. Try to smuggle that gold if you need to flee the country and see what the airport security says when you go trough the metal detector with a bag of gold. But when you are going trough with bitcoin key, it doesn't weigh anything and be cashed out pretty much everywhere and fast, unlike gold.

You don't even need to carry usb stick. Just divide the key into parts and use some secure places in the net to store them seperately.

[Webetcoins]

my stance is simple.

wanna make wealth? then go with the investment instrument that has more potential in the long run to grow big, like bitcoin and it's still in its initial phase in my opinion, investing in bitcoin I always consider to be a good way to create wealth.

but, if you want to retain wealth and eliminate risk, simply with gold, it will beat inflation rate, but won't make you rich, doesn't matter how long you will wait for it, the increase will never be that much, as it is only an investment to fight inflation and limited to only that.

This is definitely something that we can all agree on, because it is definitely what people are doing as well. To attain more wealth, you need something that can grow faster, and bitcoin sure can grow faster than gold, it might be riskier investment too, but it can surely go faster.

However, if we are talking about someone already rich, then they do not have to take that risk, they do not have to worry about getting richer, so its smarter for them to get gold.

I believe that the best thing we can probably do at this point would be just focusing on which one we are. I am personally not rich at all, not even close, quite poor really, even investing into bitcoin and bitcoin going 100x won't make me "rich", would help me a lot of course, but that is not what rich is, I won't be able to quit my job for example.

However, that is still what I need, best chance I have, gold is nothing but boring small upticks for me and I do not need them at all, won't help me a bit. This is why I rather deal with what we have right now, and don't really consider that gold would be fine, bitcoin is far better for me. Plus, there are other coins too, so I dabble with some of those other ones to help me as well.

[TheUltraElite]

Why choose? I take both.

The topic has been discussed many times before, the point is that both are different asset classes and both have their own pros and cons making it an apples vs oranges argument.

Gold is easy to buy/sell anywhere, difficult to carry. Bitcoin is difficult to buy/sell "anywhere" but easy to carry.
Gold does not need much technical know-how but for bitcoin you need some of it.

[ajiz138]

Gold will be the choice of many women because this item can be a beautiful jewelry with the clothes they wear then gold has a stable value, people think gold is safe but that's their mindset including my own wife likes gold and invested some money in it.

However, my own choice is not gold which is clearly bitcoin, I have seen the statistics of the movement of the 10-year ROI increase between gold and bitcoin that is much different.

If you invest a lot of money in gold there is a physical item that is held then this will be vulnerable for you especially now that there are many cases of robbery even though you store it somewhere safe the sense of anxiety will always be there.

Unlike bitcoin, you don't even need to mention having bitcoin because it's only yourself who knows what it means to keep it secret, bitcoin is more flexible, wherever you go you still have access because it's a digital asset.