Bitcoin vs Gold Which is a better investment option for you.

[fredericktaylor]

There are some differences between Bitcoin and gold, discussed below.
Gold🥇
When it comes to gold, we need to go back a bit.The amount of gold in the world is limited.America traded on the Gold's standard until 1933 and Britain traded on the Gold's standard until 1931.After a while, Britain decided that they would no longer be completely dependent on gold, so they created their own currency, shortly after that America created their own currency.Through this, one thing is clear with the passage of time, the use of gold has decreased more than before, once it was the wealth of people's trusted product, now it is not the same as before.There were several logical reasons behind the decline in gold consumption.
1: The exchange of gold was not an easy matter.
2: It is true that the government and people of every country used gold to deal with inflation.
3: Inflation has been increasing over time which has become a major problem.
4: You cannot buy or sell gold in a short period of time or easily, this is a big problem.
4: Another major problem is the need for a third party to exchange gold i.e. through banking operations.
BitcoinBTC
Satoshi Nakamoto launched Bitcoin in a forum in 2009.He said that Bitcoin is a decentralized currency.This digital currency will be based on Blockchain technology.Bitcoin Supply Limited (21 million) This coin can never be created again.Another interesting fact is that supply of gold is limited whereas supply of Bitcoin is limited.
Since 2012, people's interest in buying gold has decreased to a great extent. What is the reason?
People are slowly moving towards new technology,they are showing interest to know about bitcoin,they believe that bitcoin is digital gold, every year bitcoin users are increasing, there must be some logical reason behind this.
1: Bitcoin is not controlled by a country's government or bank, it operates in a Decentralized digital currency.
2: Bitcoin exchange does not require a third party.Transfer from one wallet to another wallet takes 10 to 15 minutes maximum.This complex matter of exchange is people through Bitcoin Being able to do it easily is a big deal.
3: 50% of the world's people do not have a bank account.But 80% of people who have an Android phone and have internet access can open a wallet and exchange bitcoins through an Android phone at will, a big benefit.
3: Another benefit is that every country has its own currency, but a lot of money has to be paid to change from one currency to another.If bitcoin is accepted as a currency by the people of the world then it is possible to solve the problems in this exchange etc.
The use of Bitcoin has increased a lot, the world's biggest businessmen are investing in Bitcoin, the country of El Salvador has also adopted Bitcoin, the United States is focusing on adopting Bitcoin, and other countries are leaning towards adopting Bitcoin.

I prefer long term investment in Bitcoin.
Long-term investment in Bitcoin reduces risk and yields real success.

[Tungbulu]

First of all, I don’t need to read through this congested wall of text before I can answer the question on the subject. The only reason you’d ask or make this comparison is because you haven’t really understood the concept of Bitcoin. Bitcoin isn’t only the king and father of all crypto currencies but also of other currencies and assets.

 If you really understand Bitcoin then you’d know that no form of investment can be compared to Bitcoin investment. I’m not trying to say that Gold investment isn’t profitable, but for me, I’d rather invest in rap estate than invest in gold.

[Solodoski]

the question is, which is easier to buy? gold or bitcoin? if i want to buy bitcoin this very moment, i can just sit here and create an account with an exchange and ASAP i can just buy bitcoin.

another thing is that, if i bought bitcoin that is worth $200 now and bought gold of the same worth, which will be profitable for me in the nearest month to come? the simple answer is still bitcoin.

in a time when technological advancement is going higher and the world is going digital by the day, tell me why i should chose Gold over bitcoin? that will mean that i am going backward when the world is going forward.

[Sticky Bomb]

another thing is that, if i bought bitcoin that is worth $200 now and bought gold of the same worth, which will be profitable for me in the nearest month to come? the simple answer is still bitcoin.

This is a very wrong conception, Bitcoin isn't that profitable on a short-term note, Bitcoin is better approached with a long-term plan. In the nearest month, Bitcoin might be experiencing a negative price correction and you may even be at a loss instead of the gain you're speculating. It becomes very important that you don't get into Bitcoin expecting to cashout your gains within a limited time.

Bitcoin is a very volatile asset, the price always responds to the market condition and you cannot accurately predict when your investment would be profitable, but with respect to historic data, long-term investments have often met with good profits in Bitcoin.

[Joy- maker]

Gold and bitcoin share some similar values.

Gold is a store of value with potential returns, and bitcoin is a store of value with potential returns too.

Gold has a limited supply and bitcoin has a limited too.

So before I we consider either to invest in Gold or to invest in bitcoin, I we look at there characteristics first, How they operate, and there accessibility.

Gold operate on no network, that is to say that there is a central authority controlling Gold, but Bitcoin operate on a network, called blockchain, with no central authority or government controlling it, Bitcoin is on it own.

Gold is very difficult to access because it doesn't operate on any network, and Gold accessibility is only limited to some class of people, that is to tell you that a common man like you and me can't access Gold, but Bitcoin can be  accessible by anyone provided you have a mobile device and internet connection, because bitcoin operate on a network.

Gold only exist physically and you can only transfer Gold physically, which may require huge amount of chargese, time and energy, but Bitcoin exit digitally, and you can transfer Bitcoin within a second without a waste of time and energy, provided you have your mobile device and internet connection.

So am now concluding with this BITCOIN is a digital Gold, a store of value with potential returns, so I choose BITCOIN because BITCOIN is for anybody including common men with low income.

[SuperBitMan]

Bitcoin will always be a better option for me I know Gold is still more higher when it comes to price than Bitcoin but let's remember that Gold has been in existence for thousands of years now but Bitcoin is still 16 years since it's creation and is making this much wave meaning that the more years the more Bitcoin will grow, Bitcoin will be more greater than Gold as time goes on is just a matter of time, right now a lot of countries are now having a Bitcoin reserve and many people are now accumulating and holding Bitcoin this means Bitcoin will one day become more valuable than Gold, cryptocurrency in general is now used by everyone and nations of the world are now taking the crypto coin more serious and they are even making laws to regulate it and the father of all crypto coin is Bitcoin and is the best so there's a big possibility that Bitcoin will one day grow more than Bitcoin.
If you are holding Bitcoin you will make more profit than someone holding gold and bitcoin is always easier to start than Gold investment.

[laijsica]

Gold is used as a federal reserve in most countries of the world and its value is increasing day by day. Gold has been considered a valuable asset since ancient times and is still in high demand and is likely to remain so in the future. I think it was not difficult to exchange it with gold and there is no need for a third party to sell it. The demand for gold as a stable asset is one of the means for every investor.

With time, peoples perspective has changed and they are now more focused on using digital methods in most activities. Storing gold requires additional money and a safe place which is risky in investment.
In my opinion, these two investments are the right decision for an investor, but Bitcoin investment is relatively easier and long-term investment has the potential to get high profits and the amount of profit can be several times.

Gold is a stable investment and a very reliable fixed asset but it requires huge capital for investment and at the same time the possibility of getting high profits is very low.

I deposit Bitcoin from disposable income Small earnings and small investments Long-term investment method (DCA strategy).

[Scarlett_23]

In 1933, according to the rules of America, even though the dollar was in circulation in gold, America could not print dollars at will. Therefore, to improve the economic condition of their country, they turned more towards fiat money than gold. This method benefits the government more, because the government can control the entire economic system with its single hand.

Now let's talk about the current social system. The current era is the era of science. Science has made people's lives easier and much more dynamic. People are now showing more interest in digital gold than buying and storing gold. Because it does not require any locker or security.

The personal security of the person plays a major role here.

[EL MOHA]

With time, peoples perspective has changed and they are now more focused on using digital methods in most activities. Storing gold requires additional money and a safe place which is risky in investment.
In my opinion, these two investments are the right decision for an investor, but Bitcoin investment is relatively easier and long-term investment has the potential to get high profits and the amount of profit can be several times.

Gold is a stable investment and a very reliable fixed asset but it requires huge capital for investment and at the same time the possibility of getting high profits is very low.

I deposit Bitcoin from disposable income Small earnings and small investments Long-term investment method (DCA strategy).

I think this totally explains the difference between both, both are a very good longer term investment asset and the go to for anyone looking to avoid inflation of the fiat currency. In terms of making a choice I think the option actually depends on certain conditions, for me bitcoin stands out for an average person with low income, bitcoin has its units called the satoshi and can be traded for even less than $10 and also bitcoin transactions doesn’t required third party of institutions involved, it is something you can easily do from your comfort zone.

As for Gold, personally it is my best diversification strategy after bitcoin for someone having like five digits figure in usd and looking to invest, this way you can simply have both gold which requires large capital and also have bitcoin which as said doesn’t required large capital

[EarnOnVictor]

-snip-
I prefer long term investment in Bitcoin.
Long-term investment in Bitcoin reduces risk and yields real success.

Gold has its pros and the same as Bitcoin, however, with their traditional and the way the two are structured, I prefer Gold for trading and Bitcoin for investment. I've never bought a digital Gold for investment but its trading is top-notch.

As for Bitcoin, I love its investment when it is purchased at the right time when it's cheap, especially at the start of a new bull run.

But I make sure I avoid the nonsense being spread about how you can buy your Bitcoin at any time, even at the ATH, I am not dumb. The last time I checked a smart investment practice, you are better off buying the asset cheap, by that, you gain more regardless of how progressive the asset is.

[Dailyscript]

I dont like the comparison between Bitcoin and Gold. Gold is a physical asset while Bitcoin is a digital asset. On the norms it is expected that Gold will surpass Bitcoin but over time we have only seen the contrary. Bitcoin has gained value faster than Gold, although Gold on its own needs to influnece for the price to go up so high. In conclusion i will say Gold and Bitcoin is a better investment. It is a matter of which one we would like to invest in, where we feel safer to put our money is also necessary.  

[PremiumcryptoHub]

First of all I will consider Bitcoin and gold as a good investment, yet it seems that investing between these two is a personal matter. As far as I know, gold is a stable investment because we did not see the price of gold rise very fast. If one can properly observe the value of these two, then he must be able to understand that Bitcoin has increased a lot and is increasing very fast. Moreover, investing in Bitcoin is much easier, even though this investment we each have the potential to make a few times a profit. We are now able to invest in Bitcoin with a small source of income, which is an added advantage for us.

[Olatundespo]

I prefer long term investment in Bitcoin.
Long-term investment in Bitcoin reduces risk and yields real success.

Your choice about Bitcoin is correct. As you think that Bitcoin for investment and it will be a financial part of your freedom, you should refrain from implementing any other decision for yourself.
There may be a practical reason why you should invest in Bitcoin. The limited supply of Bitcoin cannot be changed, that makes it very likely that its price will increase with demand. Gold can increase with demand and there is no fixed limit to market inflation.
Since these two valuable elements are inversely related and very important for the economy, you should review the best choice for investment.

You can learn more.

[Ruttoshi]

Gold has been in existence since but if you ask many average and rich people, they will tell you that they don't have any gold investments. This is because gold is expensive for them to buy. Bitcoin is easy to buy and keep in your self custody wallet with as little as ₦10000.

However, I will love to have both if possible. I will prefer to invest in bitcoin for a long-term and when I have achieved success in my bitcoin investment, I will diversify into gold.

As for Bitcoin, I love its investment when it is purchased at the right time when it's cheap, especially at the start of a new bull run.

Buying bitcoin at the bear market is the best time to buy if you are after profits. However, there's no right time to buy bitcoin. It depends on the person mindset towards what he wants to use his bitcoin for.

[jubril00]

I personally like Bitcoin. Investing in bitcoins offers many benefits that are not readily available. Investing in gold requires a huge amount of money but investing in Bitcoin can be started with a small amount of money. Investing in Bitcoin carries high risk but returns are high, but not so in Shona. So I will choose Bitcoin as investment and invest in DCA method.

[Africolo]

I dont like the comparison between Bitcoin and Gold. Gold is a physical asset while Bitcoin is a digital asset. On the norms it is expected that Gold will surpass Bitcoin but over time we have only seen the contrary. Bitcoin has gained value faster than Gold, although Gold on its own needs to influnece for the price to go up so high. In conclusion i will say Gold and Bitcoin is a better investment. It is a matter of which one we would like to invest in, where we feel safer to put our money is also necessary.  

Bitcoin and Gold investment, which do you select? They're both legitimate longterm investment and they will last for long duration of time. We know the comprehending risks that comes with bitcoin and gold but are we ready to take our chances? Bitcoin have been one top ranking project in crypto, I totally understand how pressing these issues can set out to be because crypto have always been the very diversified space anyone could possibly think of.

I'm sticking to Bitcoin since it's very easy to accumulate in our crypto portfolio and from time to time, the value increased rapidly but it comes with a price, patience. Are you ready to sacrifice that to earn in good sums? There's absolutely no boundaries that comes straight to us when we're talking about bitcoin, I engaged in future trading, set my margin to isolated and leverage 50x with significant amount of USDT, then order long position because bitcoin will keep rising and rising.

[Qhunman]

Well ,Gold is universally accepted as a form of wealth and is easily liquidated in any part of the world .it has been a backbone of financial systems and retain liquidity even in the most challenging economic environment, it does not rely on the internet, electricity or technological infrastructure in times of disaster. It can be accessed and used without the need for any external system .

Bitcoin short history is marked by extreme volatility, with the price rising and crashing dramatically over a short period . This makes bitcoin riskier ,especially for those seeking long term stability.

[Versatile_choice]

I personally like Bitcoin. Investing in bitcoins offers many benefits that are not readily available. Investing in gold requires a huge amount of money but investing in Bitcoin can be started with a small amount of money. Investing in Bitcoin carries high risk but returns are high, but not so in Shona. So I will choose Bitcoin as investment and invest in DCA method.

Me na Bitcoin I like ooh, apart from say na better investment, e no go stress you to take care of the investment because na just you and your phone or laptop they for your house they do your investment or they watch waiting you done invest, but for gold na different thing because since people they like am more when them they see am with there corocoro eyes, though if person see am say e they profitable make them chook head because na any business way no say e go better na you go invest.

[Jostern]

There are some differences between Bitcoin and gold, discussed below.
Gold🥇
When it comes to gold, we need to go back a bit.The amount of gold in the world is limited.America traded on the Gold's standard until 1933 and Britain traded on the Gold's standard until 1931.After a while, Britain decided that they would no longer be completely dependent on gold, so they created their own currency, shortly after that America created their own currency.Through this, one thing is clear with the passage of time, the use of gold has decreased more than before, once it was the wealth of people's trusted product, now it is not the same as before.There were several logical reasons behind the decline in gold consumption.
1: The exchange of gold was not an easy matter.
2: It is true that the government and people of every country used gold to deal with inflation.
3: Inflation has been increasing over time which has become a major problem.
4: You cannot buy or sell gold in a short period of time or easily, this is a big problem.
4: Another major problem is the need for a third party to exchange gold i.e. through banking operations.
BitcoinBTC
Satoshi Nakamoto launched Bitcoin in a forum in 2009.He said that Bitcoin is a decentralized currency.This digital currency will be based on Blockchain technology.Bitcoin Supply Limited (21 million) This coin can never be created again.Another interesting fact is that supply of gold is limited whereas supply of Bitcoin is limited.
Since 2012, people's interest in buying gold has decreased to a great extent. What is the reason?
People are slowly moving towards new technology,they are showing interest to know about bitcoin,they believe that bitcoin is digital gold, every year bitcoin users are increasing, there must be some logical reason behind this.
1: Bitcoin is not controlled by a country's government or bank, it operates in a Decentralized digital currency.
2: Bitcoin exchange does not require a third party.Transfer from one wallet to another wallet takes 10 to 15 minutes maximum.This complex matter of exchange is people through Bitcoin Being able to do it easily is a big deal.
3: 50% of the world's people do not have a bank account.But 80% of people who have an Android phone and have internet access can open a wallet and exchange bitcoins through an Android phone at will, a big benefit.
3: Another benefit is that every country has its own currency, but a lot of money has to be paid to change from one currency to another.If bitcoin is accepted as a currency by the people of the world then it is possible to solve the problems in this exchange etc.
The use of Bitcoin has increased a lot, the world's biggest businessmen are investing in Bitcoin, the country of El Salvador has also adopted Bitcoin, the United States is focusing on adopting Bitcoin, and other countries are leaning towards adopting Bitcoin.

I prefer long term investment in Bitcoin.
Long-term investment in Bitcoin reduces risk and yields real success.

Bitcoin is a very powerful currency, bitcoin is more easier to purchase in your comfort zone or your house. You can just use your phone to purchase bitcoin at anytime you want to do so. But good is a very important investment and commodity as well, I think to make investments in gold you need a huge amount of money to invest in good business but bitcoin you can invest a little amount of money and make a profit as time goes on and on. Gold is a federal reserve
Bitcoin isn’t controlled by any government agency or entity or federal agency but gold is mine by federal governments and federal entities. Investing in bitcoin is less stressful and while investing in gold is more stressful with dealing with your business.
To me I prefer bitcoin investments to Gold investments.

[BitcoinTimi]

I prefer to invest in bitcoin than gold, because bitcoin has some unique characteristics, bitcoin can be accessible by anyone at anytime provided you have internet connection, bitcoin transactions is fast and easy, and lastly bitcoin is a store of value with potential returns, I know gold is a store of value with potential returns, but I we still choose bitcoin because it is decentralize  and it is also transparent in nature.