Which one is better. Bitcoin or gold?

[Oshosondy]

We can see the movement between the two and it is clear that trading gold does not have as much risk as trading Bitcoin but all of that will also be worth it with the potential profit that will be obtained.
I think if it is for trading, Bitcoin is clearly the choice because if we trade gold, there is not much profit that we can get.

Trading is much more than what you people are thinking. If you are trading much volatile asset, you will use small amount of money if you are a good trader. I traded gold through a broker to realize that it is also very volatile but it depends on the leverage that you use. You will see people that is trading gold through broker argue with you that gold is more volatile. You are right that gold is less volatile but it also depend on the approach, the leverage or the lot size that you used. But if you are referring to physical gold, you are 100% correct.

[Dr.Bitcoin_Strange]

About digital gold which are not gold, they are like tokenized bitcoin. Which means the digital gold are only backed by gold and not gold.

You seem to confuse 😵 me with this statement, how do you mean? Maybe you should throw more light.

[Cryptmuster]

Trading is much more than what you people are thinking. If you are trading much volatile asset, you will use small amount of money if you are a good trader. I traded gold through a broker to realize that it is also very volatile but it depends on the leverage that you use. You will see people that is trading gold through broker argue with you that gold is more volatile. You are right that gold is less volatile but it also depend on the approach, the leverage or the lot size that you used. But if you are referring to physical gold, you are 100% correct.

Trading is not always about leverage, I can trade spot without leverage for a large amount and for me the crypto market will still be highly volatile, but I will not worry about leverage becoming my problem, because I can stay in the trade for as long as I need. Gold can also be treated differently, you can contact a broker and trade with leverage, but you can also buy gold in the form of small bars, or even better in a pawn shop, or from jewelers (if you can find one) so as not to overpay and then you also will not need to worry about leverage, for you it will become a long-term investment without the risk of losing.

[bitgolden]

I don't think 67% in the past 5 years is a good move, its actually a terrible one. I would expect something much much more than that if I invest for 5 years. Let me tell you something like this, if you invest right now to bitcoin and keep it for five years, I guarantee that you will make at least 100% somewhere along the line, probably within a year itself, but certainly somewhere in 5 years without a doubt.

There is no reason to see 67% in 5 years and think that's good, that's not good at all, its horrible. I believe that the best thing to do would be just considering better approach to bitcoin because it definitely brings in better profits. I do not understand the sudden love for gold that people have, there is no need to do something like that.

I personally understand that people want to invest into something that they know and gold is something they already know so they want to invest into that but the reality is that we are not going to get anything good out of that.

[EarnOnVictor]

Which one do you like trading? I guess those trading gold will prefer to go long, especially around 8 am EST.

I like to trade both and it has been good so far. Gold and Bitcoin have their good and bad days, I would also like you to perish the idea that Gold will be doing the same thing all the time, there are times it will follow a pattern for a while, but with time, it will switch to another, that's the market dynamics, which is why we should always analyse the chart for proper guidance and give no room for any chance.

For this, we should never predefine any signal as you did. We should go long when our speculation tells us to do so, the same goes for short positions too.

[betswift]

Speaking of gold trading, if you are trading gold on the digital market, it's still the same thing as cryptocurrency, meanwhile most investors in the society have an utmost desire to invest in a real physical gold rather than trading gold digitally and also trading Bitcoin In that manner. That's why those that have enough capital will only trade or invest in Bitcoin and in real gold. To diversify one's investment, it must be specifically on two different asset, going for a digital gold is the same thing as going for Bitcoin.

Buying bitcoin is like you are buying physical gold. Although gold is physical while bitcoin is digital. Trading gold through broker is like you are trading bitcoin on the derivative exchange. About digital gold which are not gold, they are like tokenized bitcoin. Which means the digital gold are only backed by gold and not gold.

Their volatility is different, though.. There was a whole thread discussing it, but I won't be able to find from the get-go, unfortunately.

[Taskford]

This kind of question will matter depends on what people understand.

Since if they are long time Gold investor then for sure there would be no question that they select gold than bitcoin then think that asset is so risky since the market is volatile and this will bring bad luck on them especially if they lose their money from unwanted situations.

Also with bitcoin for sure people will say that this is better since the volatility could able to bring them huge profit especially that if they spot good position for their daily trades. Or if they could able to hold for more years then there's huge chance that people who hold bitcoin would able to earn a lot from it.

So with these selection we can really say that picking an asset to invest will vary depend on what has been introduce to them.

[Iranus]

I don't think 67% in the past 5 years is a good move, its actually a terrible one. I would expect something much much more than that if I invest for 5 years. Let me tell you something like this, if you invest right now to bitcoin and keep it for five years, I guarantee that you will make at least 100% somewhere along the line, probably within a year itself, but certainly somewhere in 5 years without a doubt.

There is no reason to see 67% in 5 years and think that's good, that's not good at all, its horrible. I believe that the best thing to do would be just considering better approach to bitcoin because it definitely brings in better profits. I do not understand the sudden love for gold that people have, there is no need to do something like that.

I personally understand that people want to invest into something that they know and gold is something they already know so they want to invest into that but the reality is that we are not going to get anything good out of that.

A 67% return on $1 million will make a bigger difference than a 100% return on $1k, which is why bitcoin is often the choice of small investors while gold is the choice of institutional, large investors.

Gold is not too volatile, stable and cannot bring high profits but is clearly much safer than any other investment. Meanwhile, bitcoin can be highly profitable because of its volatility but comes with greater risk.

Which one is the best investment will depend on how much capital we have and what our goals are. If someone had millions of dollars, I don't think they would be willing to invest all of it in bitcoin but they would be willing to invest all of it in gold. Because their priority at that time was safety, not big profits. On the contrary, if you have only $1k to $100k and want to become a millionaire like them, bitcoin will be the choice for you.

[Dr.Bitcoin_Strange]

Their volatility is different, though.. There was a whole thread discussing it, but I won't be able to find from the get-go, unfortunately.

The volatility is different, that, I know. Everyone knows that Bitcoin is highly volatile and not just Bitcoin, cryptocurrencies are volatile asset. Speaking of the thread that have discussed this same topic, it's not just one and not topic. There are different threads on this forum that this topic have been disused on. If you search for it using the search icon, you're going to see them.

[beerlover]

This kind of question will matter depends on what people understand.

Since if they are long time Gold investor then for sure there would be no question that they select gold than bitcoin then think that asset is so risky since the market is volatile and this will bring bad luck on them especially if they lose their money from unwanted situations.

Also with bitcoin for sure people will say that this is better since the volatility could able to bring them huge profit especially that if they spot good position for their daily trades. Or if they could able to hold for more years then there's huge chance that people who hold bitcoin would able to earn a lot from it.

So with these selection we can really say that picking an asset to invest will vary depend on what has been introduce to them.

I agree that it's something that is not an easy to answer because it depends on the situation and these type of straight up answers do not consider any of that. I have seen people quite happy on something as simple as putting it in a bank for savings and just take interest there, it is not even as high as inflation and they were still fine with it. Because they think that the yare happy with what they have there and as long as that's the case, we are talking about stuff that will not change much in the end at all.

We know those people, they are just happy that they are getting a bit and they know that the risk is very low, so they are not really worried about making anything more. For those people gold is of course better looking than bitcoin for example, we can't say anything else. I believe that it is going to be a tough situation to handle for some people to be in bitcoin because it's such a volatile asset and not everyone is ready to handle such a volatile asset.

[South Park]

I don't think 67% in the past 5 years is a good move, its actually a terrible one. I would expect something much much more than that if I invest for 5 years. Let me tell you something like this, if you invest right now to bitcoin and keep it for five years, I guarantee that you will make at least 100% somewhere along the line, probably within a year itself, but certainly somewhere in 5 years without a doubt.

There is no reason to see 67% in 5 years and think that's good, that's not good at all, its horrible. I believe that the best thing to do would be just considering better approach to bitcoin because it definitely brings in better profits. I do not understand the sudden love for gold that people have, there is no need to do something like that.

I personally understand that people want to invest into something that they know and gold is something they already know so they want to invest into that but the reality is that we are not going to get anything good out of that.

A 67% return on $1 million will make a bigger difference than a 100% return on $1k, which is why bitcoin is often the choice of small investors while gold is the choice of institutional, large investors.

Gold is not too volatile, stable and cannot bring high profits but is clearly much safer than any other investment. Meanwhile, bitcoin can be highly profitable because of its volatility but comes with greater risk.

Which one is the best investment will depend on how much capital we have and what our goals are. If someone had millions of dollars, I don't think they would be willing to invest all of it in bitcoin but they would be willing to invest all of it in gold. Because their priority at that time was safety, not big profits. On the contrary, if you have only $1k to $100k and want to become a millionaire like them, bitcoin will be the choice for you.

Different assets have different behaviors, gold has been the standard for what a store of value should be for millennia, so it is not odd at all that someone that is looking to preserve their wealth considers gold to be their best option, especially when there is a great deal of turmoil all around the world, however for those that have a greater interest on increasing their wealth, then an asset like bitcoin is a better choice, as instead of waiting for years or decades to see a big movement, you only need to wait months for this to happen.

[Iranus]

A 67% return on $1 million will make a bigger difference than a 100% return on $1k, which is why bitcoin is often the choice of small investors while gold is the choice of institutional, large investors.

Gold is not too volatile, stable and cannot bring high profits but is clearly much safer than any other investment. Meanwhile, bitcoin can be highly profitable because of its volatility but comes with greater risk.

Which one is the best investment will depend on how much capital we have and what our goals are. If someone had millions of dollars, I don't think they would be willing to invest all of it in bitcoin but they would be willing to invest all of it in gold. Because their priority at that time was safety, not big profits. On the contrary, if you have only $1k to $100k and want to become a millionaire like them, bitcoin will be the choice for you.

Different assets have different behaviors, gold has been the standard for what a store of value should be for millennia, so it is not odd at all that someone that is looking to preserve their wealth considers gold to be their best option, especially when there is a great deal of turmoil all around the world, however for those that have a greater interest on increasing their wealth, then an asset like bitcoin is a better choice, as instead of waiting for years or decades to see a big movement, you only need to wait months for this to happen.

As I said, it all depends on each person's needs and we will make the choice that suits us. Both have their own pros and cons and have different use cases, neither is perfect. But bitcoin investors always focus on volatility and returns and think bitcoin is the best and owning gold is pointless.

Just because it's not our choice and doesn't suit us doesn't mean it's useless or no longer appealing. Gold is still gold, still an asset that has existed for thousands of years, plays an important role in the economy and is still a good choice in today's unstable economic world.

I am a bitcoin investor and I am like you, want to make quick profits from my small capital but if I had millions of dollars, gold would be my choice for asset diversification.

[tbct_mt2]

As I said, it all depends on each person's needs and we will make the choice that suits us. Both have their own pros and cons and have different use cases, neither is perfect. But bitcoin investors always focus on volatility and returns and think bitcoin is the best and owning gold is pointless.

Profit is all people care, after safety of their initial capital. Defend their initial capital, maintain it as how it starts is key, a first and most important thing with any investor in any field from stocks, real estates, gold to Bitcoin markets.

Profit is a next important thing of consideration and it's not wrong to think of it as an investor. Anyway, through my years in Bitcoin market, I definitely don't deny this fact, but I actually realized another fact that is missed, hidden with many people. It is Bitcoin provides us great chances of getting great profit but during a same period, it provides us safety and somewhat, we can consider it as, stability.

This stability of Bitcoin price, makes it totally different than thousands of abundant altcoins in this market. Altcoins are more volatile than Bitcoin and in short term, in a bull market, they can provide higher ROIs than Bitcoin. But after a full market cycle, that is four year, or longer period like 2 or 3 market cycles, they failed in comparison with Bitcoin.

It is shown clearly in Bitcoin & Traditional Assets ROI (vs USD) at https://casebitcoin.com/.