Bitcoin or Gold which is worth investing in?

[anarkiboy]

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.

Potential to get broke  

Last coin (if it will be mined) will be mined long time after we are all dead, so for us, today, it doesn't really matter.
Long time after our death new developers can decide fees are not enough to sustain mining operation and will switch to PoS like Ethereum did.

Again... This question, here on this forum... has no point. EVERYONE is biased towards Bitcoin.  

[Churchillvv]

Make research and find out your preference because everyone has what they want or prefer at the moment and by this you would either get more people biased towards gold or bitcoin but that is only what they want for themselves not what's best for you.

I believe both gold and bitcoin has good qualities that is what invesing so looking for what's best I think you should prioritise investing in both equally or based on what you see as more profitable but of course bitcoin is far profitable than gold in the same quantity of time because of bitcoins volatility you can get more profit than in gold but gold seems to be more safer because of it's less volatile nature but it has other qualities both advantageous and disadvantageous qualities that you would first considered before going into conclusion.

[avikz]

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.

This question has been asked for a million times in this forum. Gold and Bitcoin, both assets have some positives and negatives. So my question is - why not invest in both?

Personally I invest in both assets. Nothing in this world can be flawless. So we will have to live with that. While Bitcoin can give you a higher ROI, gold will give you capital protection.

So instead of comparing, enjoy both assets to give a balance to your portfolio.

[RTX-G53]

In terms of investment, the most profitable investment out of these two would be to invest in Bitcoin. Because the value of Bitcoin changes so quickly, it is not as stable as gold. It will provide higher returns than gold if held for a longer period of time. Gold has always been known as a stable investment. If we only differentiate between Bitcoin and Gold, then Bitcoin is more risky than Gold. Because the price of gold usually does not change as quickly as Bitcoin. If you are ready to take a little more risk and can adapt to market fluctuations, investing in Bitcoin can offer high profit potential. And if you are looking for a safe, completely risk-free and long-term investment, then gold can be a good option.

[anarkiboy]

In terms of investment, the most profitable investment out of these two would be to invest in Bitcoin.

This is pure comedy 

[ChiBitCTy]

This topic has been brought up at least 10k times since the time I joined the forum back in 2016. 

Let me break it down for those truly wondering about this topic...gold and bitcoin are DIFFERENT, and are NOT one in the same.  In a truly "proper" portfolio both gold and bitcoin can be a nice asset to have, but one does NOT replace the other, as they are NOT like items.  Gold is a legit physical item, used for jewelry, electronics etc..bitcoin is a digital currency, and not one in the same.

Own both, if you can.

[anarkiboy]

This topic has been brought up at least 10k times since the time I joined the forum back in 2016. 

Let me break it down for those truly wondering about this topic...gold and bitcoin are DIFFERENT, and are NOT one in the same.  In a truly "proper" portfolio both gold and bitcoin can be a nice asset to have, but one does NOT replace the other, as they are NOT like items.  Gold is a legit physical item, used for jewelry, electronics etc..bitcoin is a digital currency, and not one in the same.

Own both, if you can.

Amen.

[TatsuyaJemi]

In terms of investment, the most profitable investment out of these two would be to invest in Bitcoin.

This is pure comedy 

What do you mean? What is the comedy here?

[anarkiboy]

In terms of investment, the most profitable investment out of these two would be to invest in Bitcoin.

This is pure comedy  

What do you mean? What is the comedy here?

Asking which investment is better on a Bitcoin forum.
8 out of 10 people will say Bitcoin, rest will say you should decide for yourself or hold both.

[sunsilk]

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...

This is true about the scarcity of bitcoin and gold but about the supply of gold, it's not yet wholly determined although there are some numbers projected or have been called it's not yet the final.

Compared to Bitcoin, we all knew that there's only 21 million of its units/supply.

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.

As for gold's authenticity, there are a lot of fakes in the market and if the buyer isn't good at spotting the real and fakes, they might be a victim of those fake golds.

Unlike Bitcoin, it's very easy to spot the fake ones.

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.

We as investors have the types of investments that we prefer. We're in the Bitcoin forum and everyone's preference is in Bitcoin.

And the gold standard is with the countries and the reserves that they have.

[_BlackStar]

This topic has been brought up at least 10k times since the time I joined the forum back in 2016.

Wow - isn't that too much, ChiBitCTy? LOL

Let me break it down for those truly wondering about this topic...gold and bitcoin are DIFFERENT, and are NOT one in the same.  In a truly "proper" portfolio both gold and bitcoin can be a nice asset to have, but one does NOT replace the other, as they are NOT like items.  Gold is a legit physical item, used for jewelry, electronics etc..bitcoin is a digital currency, and not one in the same.

Own both, if you can.

You are right - gold and bitcoin are never the same. We don't need to explain much about the differences between the two because the average user probably already understands. Gold and bitcoin are both investment assets worth considering - choose one or both depending on your financial ability. I own both - not much, but enough to hopefully get a good return when the market grows bigger.

[ije07]

With some quite significant differences between Bitcoin and gold, it is very clear that if you ask which one is worth investing in, it all depends on what we expect in the future because both items are equally worthy of investment due to the scarcity of available items, so it comes back to what our investment goals are because the prices of both tend to continue to increase from year to year, but for gold the price is stable and the risk is also small.

[Z-tight]

Both of them are worth investing, if you have the funds you can put your money in the two assets. The risk-averse investor will obviously choose the more stable asset, which is gold. It may not multiply their money as much as BTC will in the long run, but they are sure their asset isn't going to quickly drop large % in a few hours and rise again the next day.

I am currently investing more in BTC, i think i am at the age were i am open to the volatility risks in BTC and i am fine with it. I know of BTC's utility and value and i am sure that my money cannot 'disappear', so i simply forget about dumps, fud, etc. So it is up to you, what do you want, what kind of risks are you open to, etc.

[nakamura12]

Both are volatile but bitcoin is more volatile which means people would still have a chance to earn profit while gold isn't. You may hold gold physically but if you find a gold and wanted to sell it then the price won't be the same because if you have found a gold, the purity of it isn't 100% gold so it will become less unlike bitcoin where there's no such thing as pure bitcoin and non-pure bitcoin. In short, bitcoin and gold will never be the same. I'd choose bitcoin to invest but if you have lots of money then you investing in gold shouldn't be a problem.

[Questat]

If we can manage to invest in both, why not? Both are actually profitable in the long run. However, it's undeniable that bitcoin creates more ROI and is more valuable than gold when held for long term. While gold slowly manage to increase its price every now and then, but with bitcoin, everything is like a roller coaster. It may instantly reach an all time high without us knowing, but it may also go down and dump its value in some uncertain times, however the good thing is bitcoin will always recover and will settle again in a much higher and more expensive price.

[Distinctin]

With some quite significant differences between Bitcoin and gold, it is very clear that if you ask which one is worth investing in, it all depends on what we expect in the future because both items are equally worthy of investment due to the scarcity of available items, so it comes back to what our investment goals are because the prices of both tend to continue to increase from year to year, but for gold the price is stable and the risk is also small.

One can totally decide to invest in both. But I think the best strategy is to invest in bitcoin first and when it comes to fruition, then follow investing in gold. That way, in times you will not make any profit from bitcoin, at least you have gold to back up bitcoin. Or the vice versa.

However, if ask which asset is more profitable, no doubt its bitcoin. But bear in mind that bitcoin cannot guarantee us consistent profits that’s why we have to diversify our investments as well and make sure you also have gold in your investment portfolio.

[kryptqnick]

Gold is way less volatile than Bitcoin, that's true. The price can fall, but generally we're talking about a 10-20% drop over the course of months. Bitcoin can easily drop by 60%, 70%. That means that gold is better for risk-averse people, who really care about how much they might lose if they need to cash out during the bear market.
But gold is also generally not nearly as profitable as Bitcoin in the long run, although with such limited growth of Bitcoin between 2021 and 2024 it's hard to say if it's still the case.

[ChocolateBitcoinK]

Between gold and bitcoin I would choose bitcoin. Because Bitcoin is ahead of gold in every way. In terms of investment, investing in gold can never be better than Bitcoin. Because gold doesn't pump and dump as high as Bitcoin, gold is a stable investment. Gold is known as a safe asset because its price remains relatively stable. There is no risk in investing in gold but there is no profit in it. Because its value increases very little. But in this case bitcoin is riskier than gold but it grows comparatively much more and provides much more profit in long time holding. I will never say to invest in gold, it is best to invest in bitcoin. And gold can only be used for saving your money without risk.

[Z_MBFM]

Gold is a very old metal and is a very strong asset which is why it is also used for a country's foreign reserve.  Gold is considered a stable asset and is believed to act against inflation. Bitcoin is not a stable coin it is very volatile so from here huge amount of profit can be made in very short time which is not possible with gold. So it is entirely a personal matter of a person which one he invests in. Because he himself knows how much risk he is capable of taking. Risk is very low in gold but risk is high in Bitcoin.

I would suggest investing in both because gold is a precious metal that we have no chance of mistrusting. And on the other hand, Bitcoin is a valuable digital currency in the modern world that will generate more value in the future.  And at the same time this Bitcoin will become a widely used coin like fiat money in the future.

[AmoreJaz]

Between gold and bitcoin I would choose bitcoin. Because Bitcoin is ahead of gold in every way. In terms of investment, investing in gold can never be better than Bitcoin. Because gold doesn't pump and dump as high as Bitcoin, gold is a stable investment. Gold is known as a safe asset because its price remains relatively stable. There is no risk in investing in gold but there is no profit in it. Because its value increases very little. But in this case bitcoin is riskier than gold but it grows comparatively much more and provides much more profit in long time holding. I will never say to invest in gold, it is best to invest in bitcoin. And gold can only be used for saving your money without risk.

On this aspect, people can choose their preference, assurance, high-risk investment or both. If you have the means, you can always choose both to get the benefits of both assets. We can't dictate someone to just invest in one if they want to.

As an investor, you can always gauge your options. List your pros and cons, your allowable budget, your constraints, possible limitations, and other unknown circumstances that may possibly happen to what will you venture with.