Bitcoin or Gold which is worth investing in?

[Gooner0]

First of all, I would like to show you similarities between Bitcoin and gold.
The value of both are driven by both scarcity and demand.
The both are decentralized, and the both have limited supplies, the list goes on...

But despite this similarities they still have their differences, Bitcoin is easily transferable while Gold isn't .
In Bitcoin transaction is transparent, but with Gold authenticity can be disputed etc.

The fact Bitcoin is volatile and gold is more stable , and the fact that gold has high liquidity and Bitcoin is still growing, makes investments consideration quite tough.
Bitcoin and gold  share similarities as store of value,and hedges against inflation.
However the differ in transfer speed, portability, security and transfer speed.
If investing, investor should consider their individual financial goals, risk tolerance and market understanding.

[anarkiboy]

This question has been asked here too many times and it doesn't make sense to ask on Bitcoin forum which is a better investment because people here will naturally be biased towards Bitcoin.

To ask this question and get proper answers you would need to find neutral forum for investments.

Otherwise you may as well ask the same question on some gold forum and get similarly biased answers 

[criptoevangelista]

The biggest difference is time, gold is thousands of years old while bitcoin is only a few years old...

With the path it is taking, bitcoin has everything to be a kind of digital gold, so it is up to the person to study the fundamentals and then make the decision that they think is most convenient. For example, I don't buy gold, only bitcoin, because I believe that the ease and convenience are infinitely superior, after all, I'm not going to walk around with gold or keep gold at home, bitcoin is much superior in my opinion.

[Charles-Tim]

The fact Bitcoin is volatile and gold is more stable , and the fact that gold has high liquidity and Bitcoin is still growing, makes investments consideration quite tough.

None is stable between them both. Gold is less volatile. Bitcoin is also having high liquidity. Just that gold has higher marketcap and also can be more liquid but if you want to buy or sell millions dollars worth of bitcoin, you will be able to buy and sell it right away. I prefer bitcoin investment after a significant bear market but it is good to diversify.

This question has been asked here too many times and it doesn't make sense to ask on Bitcoin forum which is a better investment because people here will naturally be biased towards Bitcoin.

To ask this question you would need to find neutral forum for investments.

Not that they are biased. Bitcoin is giving higher ROI and it is the best asset since a decade ago if you compare both and the money someone will gain.

[anarkiboy]

Not that they are biased. Bitcoin is giving higher ROI.

It's a gamble, that what it is and your answer is biased.

[Charles-Tim]

Not that they are biased. Bitcoin is giving higher ROI.

It's a gamble, that what it is and your answer is biased.

Bitcoin is worth over $1.1 trillion dollars. That is not gambling.

It is likely that you have not been reading experienced member post on this forum. Take it or you leave it, bitcoin is considered as a speculative asset in short term while a store of value in long term. If the bear market has began, when the price of bitcoin has decreased very well, it will give another opportunity to start DCA or buy at once. Many of us on this forum understand. That is the reason most of us will go for bitcoin.

Gold is a boring investment for me. It is good for rich people. I mean very rich people. You can buy just $50 worth of bitcoin or even less but which you can not do with gold. I can buy bitcoin and no one will know I bought it. Gold is physical and needs more money for saving it, unlike bitcoin that will take me just a cold wallet and maybe with multisig option to hold the coins in a way no one on earth can have access to my coins.

Just as it is in my earlier post above, you can diversify. But if I should go for one first, I can not think of gold but bitcoin.

[AVE5]

Talking about the rate of bitcoin and golds liquidity, I'd say the gold is more highily liquefied but the fact that bitcoin has limited supply which gold doesn't, then there's every tendencies that bitcoin will overtake gold in just matter of time.
Preferably, bitcoin is better to be invested in considering that it's digital which means you can execute transactions at your comfort with physical limited risks. And While holding for profitablities, it can also be useful to alternative means to make payments or exchange of fiats on a digital notation.

[naira]

Bitcoin and gold  share similarities as store of value,and hedges against inflation.
However the differ in transfer speed, portability, security and transfer speed.
If investing, investor should consider their individual financial goals, risk tolerance and market understanding.

Why not both with a portion that you can determine yourself, because regardless of the similarities, differences in advantages and disadvantages of Bitcoin and Gold as long as there is an opportunity to make a profit then I will take it without having to consider here and there but in the end it is just nonsense. Realistic in investing and being able to manage it, people tend to take it as an opportunity to enter early. The way of thinking of the whales is when we are busy and hesitant to weigh this and that, so in my opinion if you have adequate finances, gold and bitcoin are worth investing in, but if you can only choose one, then choose according to your suitability in controlling it efficiently, safely and without the need to involve other parties.

[Zlantann]

First of all, I would like to show you similarities between Bitcoin and gold.
The value of both are driven by both scarcity and demand.
The both are decentralized, and the both have limited supplies, the list goes on...

The supply of gold in the global market might be controlled but I still doubt if the supply is limited. There are still many untapped gold mines, and some illegal gold markets still exist. But Bitcoin supply supply is limited.

Bitcoin or Gold which is worth investing in?

Both of them are good investments, but gold has lasted for a longer period. Bitcoin is technologically driven and has the advantage of promoting privacy. A good investor would diversify his portfolio, and both of them are good areas to invest in. But my first choice will be Bitcoin since I can easily control my investment and don't need to go through any central authority to own it.

[ranochigo]

The answer depends on what you're currently prioritizing. My investment right now tends a lot more towards gold rather than Bitcoin and it's for a fairly good reason.

Gold is far less volatile and is less affected by major policy changes or the economy in general. I'm not as comfortable with putting the majority of my assets into Bitcoin precisely because it is comparatively riskier than traditional assets. I do believe that Bitcoin has a future, but as far as the general market goes, Gold is a safer choice and far more stable for the average joe. I'm neither encouraging or discouraging you to invest in either, do your own research and understand how each currency works before making your investment decisions.

[_act_]

The answer depends on what you're currently prioritizing. My investment right now tends a lot more towards gold rather than Bitcoin and it's for a fairly good reason.

Gold is far less volatile and is less affected by major policy changes or the economy in general. I'm not as comfortable with putting the majority of my assets into Bitcoin precisely because it is comparatively riskier than traditional assets. I do believe that Bitcoin has a future, but as far as the general market goes, Gold is a safer choice and far more stable for the average joe. I'm neither encouraging or discouraging you to invest in either, do your own research and understand how each currency works before making your investment decisions.

Gold is less volatile. But can the less volatile time be very frustrating as it frustrated people in 2010 to 2015 in a way its price behaved like Fiat price? I think it may be possible at anytime. What makes gold price to be devaluing at the time? You can see it from the image that I posted. It fall from above $1900 to below $1100 with the years.

[ranochigo]

Gold is less volatile. But can the less volatile time be very frustrating as it frustrated people in 2010 to 2015 in a way its price behaved like Fiat price?

I assure you that most investors aren't frustrated over gold prices, not as much as crypto plunging by 15% in 12 hours. Low volatility is preferred by practically every rational investor. The graph that you're showing is overly simplified, which is basically a cherrypicked time period.

I think it may be possible at anytime. What makes gold price to be devaluing at the time? You can see it from the image that I posted. It fall from above $1900 to below $1100 with the years.

Better performing economy. The economy was generally better after the financial crisis and the demand for gold dropped as people are more willing to invest in other investment vehicles. Similar to how most people argue with Bitcoin, 5 years is too small of a sample size to compare performance.

You need to understand how the general market works relative to each asset before you make your assumptions.

[Plaguedeath]

Gold can only hedge against inflation, it doesn't make your money grow. So let's say you invest $1,000 in gold and the inflation in your country is 10% per year, if you can sell your gold at $1,100, the purchasing power of your money are same.

While Bitcoin, it can raise more than 10% or lower than 10% per year, but if you hold for at least 4 years, it can double your money, which mean the return would be 25% per year.

[Gallar]

~Snip

Bitcoin and gold are investment assets that are certainly the most popular at the moment. However, it cannot be denied that both assets have their respective advantages and disadvantages. For example, gold is an investment asset that is familiar to everyone. Maybe everyone in this world already knows what gold is. Gold has many uses, such as for making jewelry, electronic devices, health, and even food. So, with the many uses that gold has, it has its own advantages that make gold very good as an investment asset. However, the drawback is that gold has quite a lot of price supply, so the price of gold does not rise too quickly. Even within 10 years, the price of gold has not changed much. Maybe if we invest in gold, there is a possibility that the money we have could decrease in value due to inflation.

In contrast to bitcoin, although it doesn't have many uses, in my opinion bitcoin is more suitable as an investment asset and store of value. Because bitcoin has a clear cycle every 4 years. Apart from that, the price increases that always occur in bitcoin can also be said to be quite significant, so our money will definitely increase in value and of course we can definitely avoid what is called inflation. Apart from that, if we look at the era that has advanced to the era of digitalization, bitcoin is certainly superior to gold. So for me personally, Bitcoin is a better investment asset for now.

[anarkiboy]

Not that they are biased. Bitcoin is giving higher ROI.

It's a gamble, that what it is and your answer is biased.

Bitcoin is worth over $1.1 trillion dollars. That is not gambling.

It is likely that you have not been reading experienced member post on this forum. Take it or you leave it, bitcoin is considered as a speculative asset in short term while a store of value in long term. If the bear market has began, when the price of bitcoin has decreased very well, it will give another opportunity to start DCA or buy at once. Many of us on this forum understand. That is the reason most of us will go for bitcoin.

Gold is a boring investment for me. It is good for rich people. I mean very rich people. You can buy just $50 worth of bitcoin or even less but which you can not do with gold. I can buy bitcoin and no one will know I bought it. Gold is physical and needs more money for saving it, unlike bitcoin that will take me just a cold wallet and maybe with multisig option to hold the coins in a way no one on earth can have access to my coins.

Just as it is in my earlier post above, you can diversify. But if I should go for one first, I can not think of gold but bitcoin.

And you're not biased ?  
You see OP ? there's no point of asking such question on a Bitcoin forum and I was not expecting different answers here.

You can buy smaller amounts of Gold easier than bitcoin because bitcoin fees are high and only get higher.
I can go to my local pawn shop and buy cheap gold necklace.

[Nothingtodo]

Bitcoin and Gold are both very investable but individuals can invest on one's individual assets but both are age appropriate investments. However, investing in gold is less risky than Bitcoin, but the lower the risk, the lower the profit.  Just as risk is high in Bitcoin investing, so is the potential for profit. But if I were asked to invest, I would give more weight to bitcoin than gold.

[Dunamisx]

First of all, I would like to show you similarities between Bitcoin and gold.
The value of both are driven by both scarcity and demand.

No, bitcoin is not scarce, its been driven by it demands and supply, while gold by the scarcity nature of how its been mined and refined.

The both are decentralized, and the both have limited supplies, the list goes on...

Gold is centralized because you cant get it without going through a centralized institution or known person that sells for it, while bitcoin is decentralized because of the use of the p2p network.

In Bitcoin transaction is transparent, but with Gold authenticity can be disputed etc.

Because bitcoin makes use of the blockchain technology which is an open distributed ledger, while gold work entirely on a platform different from this and you have to go through some process which requires kyc or physical appearance before you can acquire it.

[anarkiboy]

Gold is centralized because you cant get it without going through a centralized institution or known person that sells for it, while bitcoin is decentralized because of the use of the p2p network.

You can buy Gold anonymously with Monero  

No one in the right mind will buy Bitcoin outside centralized exchange because you can get worthless tainted coins that can get you in trouble.
Many people had their accounts banned due to tainted coins and Bitcoins seized, if you're lucky you will not be charged with crime that was attached to this coins.

Innocent until proven guilty is a myth, you will get a lot of trouble before they release you as a free man.

[Queentoshi]

...

For an individual who does not earn so much, bitcoin offers an opportunity to invest. With any little amount that you have, there is an opportunity for you invest strategically from it through methods like the DCA, which if you do very well, you will still benefit. Investing in gold can be a bit difficult, because you may require a lot of money to invest and will need to store the physical gold when acquired.  Investing in both of them can be good too if you can actually accommodate the risk involved.

[retreat]

The both are decentralized, and the both have limited supplies, the list goes on...

First of all, gold is not decentralized and it is not the same as Bitcoin - gold is controlled by central banks and governments. And if you see that gold is not really limited, it can still be mined, whereas Bitcoin's supply is limited to 21 million and you can't mine it anymore when the supply is exhausted. And when discussing which one is more worth it to invest in? I prefer Bitcoin, you can say various advantages of investing in gold, but I prefer Bitcoin to invest in right now, it has more potential and you can invest easily without needing a certificate like gold.