Will gold regain its shine as a safe investment?

[AmaGold70]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

Saying that Bitcoin has outshine gold is totally wrong because gold is doing extremely well, just like the way you value Bitcoin and believe less in gold there are also a lot of people doing the same and that's believing and valuing gold more than Bitcoin. Gold and Bitcoin are not in any war of dominance because they are both safe investment, gold has been in existence since the creation of time so the reason why it may seem like Bitcoin is more popular and more acceptable is because it is a new thing that didn't know if will become expensive in years to come, I don't do gold investment but I feel that gold is even more stable than Bitcoin.

[Onyeeze]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

one thing I want us to understand is that gold and Bitcoin it's not having any competition so if you think that bitcoin is having competition with gold I think that you are mistaken because gold has been into existence before they arrivals of Bitcoin and the many people are also countries also invested in gold as a foreign reserve why Bitcoin is yet to gain a ground like gold so for bitcoin to dominate a gold it will take a lot of time because they are still disagreement between people who are governing us in different country and Bitcoin because them seems Bitcoin as a cryptocurrency and the cryptocurrency is used for a money laundering, so if such time of thinking from different government operative bitcoin will not gain a freedom or will not be used what widely as a currency

[STT]

Gold has been a net purchase by central banks for a quarter century now I believe.  When we assess a product we have to look at the main market for that product and its these giant national banks buying or selling by the billion.
  Most of us people wont be holding those famous gold bars because they are worth too much, its not easy to trade in and out of but maybe a coin or two sure.

So the gold market can be said to be in some decline or flat from the 80's till the end of 90's.   The footsteps gold takes tend to be about a decade in their stride; its a giant.   Moves such as the 2011 spike in gold and silver, we can observe afterwards easily that both metals became unpopular, right now that period is over.
  Once again now you should view precious metals as quite valid in their trend for about a decade from before covid onwards hence it remains good and 'safe' to keep an interest.

  I dont rate BTC as qualifying or negating this market or any commodity, they operate differently not in competition imo.

[LogitechMouse]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

Just so you don't know, investors always look for profit, and when it comes to profitability, Bitcoin is way better compared to Gold, and that's the main reason why many investors are moving their money from Bitcoin to Gold, but that doesn't mean that investors will not buy Gold anymore.

Gold as a safe investment? Is the term "safe investment" do really exists? I mean is there any investments out there that are considered safe? For me, I don't see gold as a safe investment at all because it's still a volatile asset, and although it's not as volatile as Bitcoin, it doesn't mean that investors will not lose their money by investing into it. I don't know where you are getting this kind of thinking or statement. Regain it's shine as a safe investment? Who gives a f*ck about that one? There's only one thing on my mind. Bitcoin and Gold can co-exists at the same time. No competition whatsoever.

[NewRanger]

Saying that Bitcoin has outshine gold is totally wrong because gold is doing extremely well, just like the way you value Bitcoin and believe less in gold there are also a lot of people doing the same and that's believing and valuing gold more than Bitcoin. Gold and Bitcoin are not in any war of dominance because they are both safe investment, gold has been in existence since the creation of time so the reason why it may seem like Bitcoin is more popular and more acceptable is because it is a new thing that didn't know if will become expensive in years to come, I don't do gold investment but I feel that gold is even more stable than Bitcoin.

My opinion, both are equally superior. Gold has its own characteristics as a pure safe haven asset, and BTC also has its advantages as digital gold, but the difference lies in the current moment. Right now, the moment and era of gold's rise are underway, and perhaps soon we will see BTC's rise begin again.

If people are currently more inclined to buy and invest in gold, go ahead and be ready to take profits at the peak moment before traders take action first. If BTC falls, my prediction won't be too severe because many good people are still holding it; it's just the speculator mentality that is always afraid and intimidated by the current conditions, although that's understandable. After all, historical corrections aren't just happening now; they have happened before at much higher rates.

[zaim7413]

The competition between Gold and Bitcoin is natural, neither reduces the popularity of the other. Gold will continue to shine due to stable global demand, gold demand from various developing countries such as China and India continues to increase. Gold has long been considered a "safe haven" asset, and its price has doubled in the past year.
Bitcoin has brought a new dimension to investment. Both offer competition and offer different options for those who wish to store them. Gold also has a long history of being a hedge against inflation, so both will be trusted by individuals who wish to own them.

[Swordsoffreedom]

Gold as a safe investment? Is the term "safe investment" do really exists? I mean is there any investments out there that are considered safe? For me, I don't see gold as a safe investment at all because it's still a volatile asset, and although it's not as volatile as Bitcoin, it doesn't mean that investors will not lose their money by investing into it.

Any investment has risks, including gold. But we should not deny that gold is safer than bitcoin to some extent.

Gold with thousands of years of history and global recognition, large capitalization and abundant liquidity. Meanwhile, bitcoin is only 16 years old and has not been legalized and recognized globally. Or even bitcoin-friendly regulations could be reversed at any time. From that, it is clear that gold is safer than Bitcoin.

It is no coincidence that gold is called a safe haven while bitcoin is still classified as a risky asset along with stocks.

[XOOMBOX]

The competition between Gold and Bitcoin is natural, neither reduces the popularity of the other. Gold will continue to shine due to stable global demand, gold demand from various developing countries such as China and India continues to increase. Gold has long been considered a "safe haven" asset, and its price has doubled in the past year.
Bitcoin has brought a new dimension to investment. Both offer competition and offer different options for those who wish to store them. Gold also has a long history of being a hedge against inflation, so both will be trusted by individuals who wish to own them.

Although gold and Bitcoin are considered to be competitors to each other but the fields of work and the mentality of the users are completely different  because thousands of years of tradition, real needs of jewelry and industrial sectors, due to which people's trust in gold never completely decreases but Bitcoin has come with a completely new concept that is providing limited supply in the digital world and people are getting fast transaction experience from Bitcoin, so naturally the younger generation or those who have good knowledge about Bitcoin are interested in Bitcoin but that's why gold will never lag behind but both will provide different benefits from their own place. And I think future investors will not exclude one from the other but the two will continue to play different roles according to the situation.

[Peanutswar]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

When it comes with the volatility we can enjoy the ride of the market with the bitcoin or lets say with the crypto but if you want for a long term investment and still a tangible asset gold is the ideal because the price of it are still going up but recent days seems i see tons of people now make an investment with the digital gold so still they can experience the investment of gold. For me depends on the risk management of the investor because they are the one who are dealing with the market until when they are capable to wait and until when they can take the holdings of their asset. For me if you can do both why not for a long term investment can do both but again its stress free with the gold tooks how many months to move.

[Japinat]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

Just so you don't know, investors always look for profit, and when it comes to profitability, Bitcoin is way better compared to Gold, and that's the main reason why many investors are moving their money from Bitcoin to Gold, but that doesn't mean that investors will not buy Gold anymore.

Gold as a safe investment? Is the term "safe investment" do really exists? I mean is there any investments out there that are considered safe? For me, I don't see gold as a safe investment at all because it's still a volatile asset, and although it's not as volatile as Bitcoin, it doesn't mean that investors will not lose their money by investing into it. I don't know where you are getting this kind of thinking or statement. Regain it's shine as a safe investment? Who gives a f*ck about that one? There's only one thing on my mind. Bitcoin and Gold can co-exists at the same time. No competition whatsoever.

Nice point. Realistically speaking, there's no such investments that are guaranteed safe. All comes with risks. But between bitcoin and gold, gold has less volatility yet less profitability as well while bitcoin is known to be more volatile and risky, but its definitely more profitable than gold. However, both are still not safe as they can turn into less valuable when we least expect it.

Nevertheless, investing in both creates more positive outcome, but since they're still investments, one should know how to invest with caution.

[EarnOnVictor]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

Bitcoin reduced the popularity of Gold, how? The last time I checked, Gold has higher trading volume in recent years, and the same goes to liquidity injection. It has attracted over $10T dollars in just 2 years. This, you can't compare to what Bitcoin has attracted. These doesn't look like a less popularity to me.

Now, the biggest investors and world central banks are getting more interested in Gold for reserves in the bid to fulfill their dedollarisation agenda. For this, I advice you to avoid the noise that people make, but opt for verifiable reality and facts on ground.

[Royal Cap]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

Gold never loses its importance completely. When Bitcoin became popular people turned to something new, so the light of gold seemed to be a little less but gold is actually a centuries old belief, so when the market moves a little, people return to gold. The sudden increase in gold prices in the past year shows that people return to that old safe haven in uncertain times, I don't think gold will lose its role as a safe haven in the future. Bitcoin may be there for rapid fluctuations but gold is there for stability, both have their own places but gold still has a strong position as a safe investment.

[Jawhead999]

I don't think someone declare gold as not safe investment.

It's just the process to buy gold and hold gold aren't safe, someone might be tricked by bought a fake gold and when you have a lot gold, you have a problem to carry it and make it secure from anyone who tried to steal from you.

Gold might always be the safest investment.

[Unknown Op]

Gold as a safe investment? Is the term "safe investment" do really exists? I mean is there any investments out there that are considered safe? For me, I don't see gold as a safe investment at all because it's still a volatile asset, and although it's not as volatile as Bitcoin, it doesn't mean that investors will not lose their money by investing into it.

Any investment has risks, including gold. But we should not deny that gold is safer than bitcoin to some extent.

Gold with thousands of years of history and global recognition, large capitalization and abundant liquidity. Meanwhile, bitcoin is only 16 years old and has not been legalized and recognized globally. Or even bitcoin-friendly regulations could be reversed at any time. From that, it is clear that gold is safer than Bitcoin.

It is no coincidence that gold is called a safe haven while bitcoin is still classified as a risky asset along with stocks.

Nobody can justify that , it is safe investment because people are doing the investment in gold which is not safe . We know the market of gold which is volatile and people have to learn more about market and people want to see that gold prices are going up and many people are getting profit but actually it is a myth and no investment is giving more profit than Bitcoin and cryptocurrency. We should not invest in gold if we don't want to lose our money. My Friend lost his money in gold market and after that he came to me to say that it is not safe but it didn't invest in that . If you can leave this goal for a years then there could be chance of going up .People have to think more about the modern world because gold investment is very old .

[Questat]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

Just to be clear, there are no investments that are safe in nature, they are all risky and have no certain guarantees that profits will be possible in the future. Not even with bitcoin or gold, yes they are profitable but not 100% safe and secured.

My point here, despite how long gold investment has already existed, its still not highly safe for all types of investors. That's why it pays to take caution when investing.

[HelliumZ]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

I couldn't agree with your words, especially you can never reduce the popularity of gold through Bitcoin. The popularity of gold is equally popular in all countries of the world and people of all classes have a special interest and attraction towards gold. Although gold investments are guaranteed to yield lower profits, Bitcoin investments have the potential for both higher profits and higher losses. Although Bitcoin is popular in a few countries around the world, not all classes of people have been able to accept it. Due to the excessive volatility of Bitcoin's price, people's trust in Bitcoin is low.

[Minor Miner]

Do you have any evidence or data that bitcoin has reduced the popularity of gold?

Bitcoin does not reduce the popularity of gold. Bitcoin has never outperformed gold, nor is it a safe investment or safe haven like gold. Bitcoin is still considered a speculative investment whether we like to admit it or not.

Many people like to compare these two assets and believe that bitcoin will be able to surpass gold or, even more optimistically replace gold. But honestly, I doubt it. Gold is an asset with a history spanning thousands of years and is deeply ingrained in the human subconscious, replacing it is not an easy task. So we are free to make predictions or statements, but let's not forget that there is a huge gap between theory and practice, between saying and doing.

It's really funny to see people generalise about something based on personal experiences. When you are interested in crypto assets and you study more about the industry, it is easy to assume that another asset is losing its popularity.

Gold is still popular among Generation X. Even some young people are also interested in gold because of its reputation as a hedge against inflation. Bitcoin is still an emerging asset, and it's still unknown to different people. Gold has continued to maintain its dominance in the asset market. Maybe it might change in the future, but for now, gold is seen as the safest asset.  

It's not even their actual experience, but just their subjective, unfounded, and somewhat biased thoughts and feelings based on what they want to believe.

Although I am also a bitcoin investor, I am not here to join any cult and I like reality. Honestly, I don't think bitcoin has a chance of surpassing gold in terms of popularity or capitalization. Gold has become so close to people that it is associated with our real lives, from investments, jewelry to applications in the electrical, medical and even culinary industries. Meanwhile, besides being used for investment, where else can bitcoin be applied? But not everyone invests, let alone invests online. So the chances of bitcoin surpassing gold are almost zero given the current situation.

[NewRanger]

It's not even their actual experience, but just their subjective, unfounded, and somewhat biased thoughts and feelings based on what they want to believe.

Although I am also a bitcoin investor, I am not here to join any cult and I like reality. Honestly, I don't think bitcoin has a chance of surpassing gold in terms of popularity or capitalization. Gold has become so close to people that it is associated with our real lives, from investments, jewelry to applications in the electrical, medical and even culinary industries. Meanwhile, besides being used for investment, where else can bitcoin be applied? But not everyone invests, let alone invests online. So the chances of bitcoin surpassing gold are almost zero given the current situation.

We shouldn't be too skeptical, either. I'm also down on my assets. There are still opportunities and chances we can seize, and I strongly agree that gold is still the best, and it has never competed with BTC. Their ages are vastly different, and gold is purely a blessing from God Almighty, while BTC is merely a fragment of God's grace entrusted to Satoshi to serve as a medium for his thoughts on modernizing a more digital financial system in the future.

Satoshi also never said that gold was cheap, lousy, or bad, or anything like that in his copy of the White Paper because he knew that gold was a means of payment for incoming and outgoing transactions before fiat currencies emerged, destroying everything clean and proper. Without it, there would be no inflation or speculation, like the crazy money. One thing I need to mention, for example, is that we, government or private employees, are paid in fiat currency but measured by the gold standard. Would you be comfortable with that, or would you reject a salary standard based on rank and class?BTC may seem less appealing right now because the music is too loud. DJs temporarily increase the volume to bore listeners, and when the hip-hop music is replaced by softer music, the price slowly rises again, and then again, as the current trend shifts to more fundamentals.

[Swordsoffreedom]

My Friend lost his money in gold market and after that he came to me to say that it is not safe but it didn't invest in that . If you can leave this goal for a years then there could be chance of going up .People have to think more about the modern world because gold investment is very old .

How did he lose money investing in gold if he invested in physical gold and didn't sell it when the price corrected? I guess your friend must have traded gold on the forex market instead of buying physical gold, and that is gambling, not investing.

Gold is a fairly safe and low-return investment, even if he cannot make a profit from it. Bitcoin is not for him, it is full of volatility and manipulation, and is many times riskier than gold. The higher the return, the greater the risk and vice versa, no exceptions.

The purpose of investment is profit, it’s not about whether something is modern or old-fashioned, and whoever makes more profit is the winner. For those who have invested in gold and bitcoin since the beginning of this year, gold investors are getting better returns. That is an undeniable fact.

[Xcode7]

In last 10 years, bitcoin had reduced the popularity of Gold. But now , Gold price has doubled in last one year. Will gold regain its shine as a safe investment in future?

I couldn't agree with your words, especially you can never reduce the popularity of gold through Bitcoin. The popularity of gold is equally popular in all countries of the world and people of all classes have a special interest and attraction towards gold. Although gold investments are guaranteed to yield lower profits, Bitcoin investments have the potential for both higher profits and higher losses. Although Bitcoin is popular in a few countries around the world, not all classes of people have been able to accept it. Due to the excessive volatility of Bitcoin's price, people's trust in Bitcoin is low.

Over time, perspectives have shifted and some investors are withdrawing from gold and opting for Bitcoin, This is undeniable although there are also those who disagree.

Investing in gold tends to be safe without excessive risk and the profit percentage is similar, This contrasts with investing in Bitcoin, which offers the potential for substantial profits but also carries significant risks.
I don't think the significant rise in gold in recent months has had any impact, In fact the current sharp decline in Bitcoin has had an impact on some investors, who are starting to withdraw and secure their assets with gold investments.