[Bitcoin or Gold] choose correctly

[mirakal]

gold is investment for the already rich guy, the average joe won't benefit much from investing in gold with $100 worth of gold .

this is why i pick bitcoin over gold, just overall better opportunity to make money and also faster to grow too for the little guy like us, you should only thinking about investing in gold if your worth is $500k++ because only then we can talk about inflation crushing your asset. but lesser than that, I don't think investing in gold will be that much beneficial unless you really fancy the small return that gold offer which isn't really for me.

so I will choose bitcoin.

Exactly. People invest to find sustainable and impressive profits, and I think with bitcoin, it’s highly possible. However, with gold, it’s a profitable investment if you purchase a huge amount, but if it’s just small scale,  I don’t think it will be as profitable like bitcoin. So it’s not surprising that a lot of us prefer to invest in bitcoin wishing that one day, we will eventually become rich from long term hodling through DCA. With gold, the risk is lower than bitcoin, that’s why its returns are also quite lesser than bitcoin.

[YOSHIE]

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

It should be easy to understand Bitcoin and Gold and it is a common thing that many people think about in determining economic factors that want to improve, these two objects clearly have unequal differences and one is physical which can be touched and the other cannot be touched. touch.

Because we live in the real world and the internet is a facility used by humans, there are definitely different understandings.
• Bitcoin buying and selling value is good for boosting people's economy, but that's the internet route to get all that, Of course there are risks, in that case, the internet will not always run smoothly and be affordable for everyone. Before prioritizing Bitcoin as a long-term investment method, we must think about the effects of its access first and in the future, because Bitcoin is also money, but as a short term method it doesn't matter for Bitcoin.

• Gold, the general public knows its uses and also how to buy or sell it, even though the value of gold does not move the same as Bitcoin, gold is a thing that has been needed and has value from the past until now, and besides, gold does not need the internet to be able to get it, you can go to the market and buy or sell, the risk of loss or access is not the same as Bitcoin, so both have good value for society's economy, it's just different ways to get or sell it.

[EarnOnVictor]

Can we let the comparison between Bitcoin and Gold rest? I've concluded that the two are useful, it depends on how we use them. We should however use them the way we know is best useful for us to make money and secure our investment. No one would trade/invest in Gold reasonably and lose, the same goes for Bitcoin, enough of this comparison, it's noise.

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.

And the price of Gold is not valuable despite having such a value you mentioned which Bitcoin can't do? After all, from what you said, it could be reasonably deduced that Gold has enormous use both online and offline, but what is the offline use of Bitcoin?

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?

When I hear about Gold also, it is investment, trading and values like saving etc that come to my mind, so what are you trying to prove? Come off it bro, both are valuable and can do almost the same thing, except for Bitcoin which can't function offline.

[Smartvirus]

Exactly. People invest to find sustainable and impressive profits, and I think with bitcoin, it’s highly possible. However, with gold, it’s a profitable investment if you purchase a huge amount, but if it’s just small scale,  I don’t think it will be as profitable like bitcoin. So it’s not surprising that a lot of us prefer to invest in bitcoin wishing that one day, we will eventually become rich from long term hodling through DCA. With gold, the risk is lower than bitcoin, that’s why its returns are also quite lesser than bitcoin.

It’s very easy today for those of us in the forum to make that decision on either Bitcoin is a more profitable investment when paired with good. These two are commodities of value but, one has its value pegged by a central authority.
The perception people would have about gold always sterns from the government. These regulations creates a precedent for the commodity which makes it a secured investment for the lots of people that invests with it but, not as much as we can find in Bitcoin.
Bitcoin is rewarding even to the smallest units of it.
With most of the world’s populace still being skeptical on investing, it means, there is a lot for Bitcoin in the coming years to invest now.

[Nothingtodo]

If I had to choose between Bitcoin and gold I would definitely prefer Bitcoin. However, for many people, gold will be preferred and in this case, investing in gold certainly does not have any risk, but in terms of profit, it will not be as much as Bitcoin. And when losses occur, bitcoins lose hundreds of times more than gold.  Therefore, before choosing Bitcoin, you must understand the risks.

[FinePoine0]

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 have been with Bitcoin for a long time so I believe in Bitcoin, and it has the most benefits and if you invest in Bitcoin you have the most success in profiting and growing.  That's why I prefer Bitcoin to the exclusion of Gold because Bitcoin has the greatest desire to be profitable. But the price of gold is the most dumping from the market and takes a long time to rise. Holding gold is the riskiest as it has the highest probability of being robbed. Because in the area where I live, the banks are not safe and the surrounding clans are the most dangerous, so holding bitcoins is safer for me than holding gold.  I say this considering my side, because if I hold bitcoins no one will know about it and it will be secret I will be successful in holding it for a long time.

[Farma]

If I had to choose between Bitcoin and gold I would definitely prefer Bitcoin. However, for many people, gold will be preferred and in this case, investing in gold certainly does not have any risk, but in terms of profit, it will not be as much as Bitcoin. And when losses occur, bitcoins lose hundreds of times more than gold.  Therefore, before choosing Bitcoin, you must understand the risks.

I think every investment certainly has a level of risk in it and it is very unlikely that there is an investment that does not have a risk that can be easily done, therefore it is very important for everyone who wants to start investing to first understand the risk of the investment they are running and if you say gold is not risky, of course that is very wrong because we also have to take good care of the asset so that it remains safe as well as the Bitcoin that we have invested, we must also be able to keep the wallet key well so that we can access it again when we want to take it and in terms of profit, of course this will be very different and it really depends on the skills and also the amount we invest so that we can make a profit in investing.

[TravelMug]

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 have been with Bitcoin for a long time so I believe in Bitcoin, and it has the most benefits and if you invest in Bitcoin you have the most success in profiting and growing.  That's why I prefer Bitcoin to the exclusion of Gold because Bitcoin has the greatest desire to be profitable. But the price of gold is the most dumping from the market and takes a long time to rise. Holding gold is the riskiest as it has the highest probability of being robbed. Because in the area where I live, the banks are not safe and the surrounding clans are the most dangerous, so holding bitcoins is safer for me than holding gold.  I say this considering my side, because if I hold bitcoins no one will know about it and it will be secret I will be successful in holding it for a long time.

Everyone here should be around at least 7 years or longer, at least in my case and I do see a lot of members here also in similar time frames as during that time, Bitcoin is at the end of it's bull run. So with that said, for sure we have been here for the longest time and we have seen what Bitcoin can bring to us, the benefits along with it as we have profited big already.

No doubt about Gold, but perhaps it's not for everyone. Nothing against those gold bugs, we respect them, but we do hope that they will also respect Bitcoin market, or for  win-win situation, why not just have the best of Gold and Bitcoin in our portfolio, the very definition of diversification.

[Scarlett_23]

There is no person in the world who is not fascinated by beauty.  It is a natural thing that everyone will be attracted to a beautiful person or a beautiful object.  When a person wears ornaments made of gold, his beauty will undoubtedly increase several times.  But whenever the investment comes up, we will look more at Bitcoin than gold.  Because gold cannot be read by anyone at any time.  It must be safe.  When you go out with your gold jewelry, there is a risk of it being stolen. But Bitcoin is a completely decentralizad institution if you have the seed phrase.  No one knows what you are but you.  But it's also worth noting that Bitcoin grows at a much higher rate than gold.  It goes without saying that Bitcoin plays a multi-faceted role.  And gold only enhances wealth and in some cases beauty.  Gold is a profitable concept very old.  But Bitcoin is a modern and much more profitable concept than gold.

[kro55]

If I had to choose between Bitcoin and gold I would definitely prefer Bitcoin. However, for many people, gold will be preferred and in this case, investing in gold certainly does not have any risk, but in terms of profit, it will not be as much as Bitcoin. And when losses occur, bitcoins lose hundreds of times more than gold.  Therefore, before choosing Bitcoin, you must understand the risks.

I think every investment certainly has a level of risk in it and it is very unlikely that there is an investment that does not have a risk that can be easily done, therefore it is very important for everyone who wants to start investing to first understand the risk of the investment they are running and if you say gold is not risky, of course that is very wrong because we also have to take good care of the asset so that it remains safe as well as the Bitcoin that we have invested, we must also be able to keep the wallet key well so that we can access it again when we want to take it and in terms of profit, of course this will be very different and it really depends on the skills and also the amount we invest so that we can make a profit in investing.

Everything has risk, including gold or real estate because the future is unpredictable, anything can happen. If humanity suddenly discovers a large amount of gold on earth, causing the supply to become surplus, it is not surprising that the price of gold drops. Or if the country has a war or worse, a natural disaster occurs, our real estate investments will also become worthless...But if compared, it is clear that bitcoin has a much greater risk because it is a virtual asset, still too new, and has not yet received legality and recognition worldwide.

And everything is proportional to each other, low risk will bring low profit, high risk will bring high profit. Therefore, we need to analyze and understand each type of asset before making a choice.

[henmark]

I think every investment certainly has a level of risk in it and it is very unlikely that there is an investment that does not have a risk that can be easily done, therefore it is very important for everyone who wants to start investing to first understand the risk of the investment they are running and if you say gold is not risky, of course that is very wrong because we also have to take good care of the asset so that it remains safe as well as the Bitcoin that we have invested, we must also be able to keep the wallet key well so that we can access it again when we want to take it and in terms of profit, of course this will be very different and it really depends on the skills and also the amount we invest so that we can make a profit in investing.

It's always a fact that investment and trades are having their own risks factors, so things are never been easy to stay on same level with bitcoin is more risky but having more profit as well with Gold is having risk but not as we have in other things so just because of this most of the peoples are trying to stay with this because they feel comfortable and having things well under control but due to physical presence we are not well satisfied with Gold because in many places it's presence is always risky.

In Bitcoin's case, we are having risk of volatility but still it's much safer and better as we need to keep wallet secure even this need some better understanding because without this we are not able to handle this risk factors are always high so need to go through with better understanding and skills because situation has never been easy for all to handle this.