Gold is the metal for long-term investment, but after the price rose up to the clouds it is not interesting to invest money. It is a bubble which will burst as well as collapsed real estate prices.
Gold is only for long term investment because the value not going to dump always increasing but your money will sleep or a long time. That is why i choose to invest in bitcoin because i want to earn fast as i can to have other investment like real state if i got lucky here.
Actually both are very profitable if used for investment but since bitcoin prices continue to rise and fluctuate better than gold, I prefer bitcoin for investment. If bitcoin prices are consistent and continue to rise this would be the best investment. So maybe true, bitcoin is the best investment and worth to choose, it's more profitable.
Yes, gold has passed its peak, it is no longer a top choice for investors, it is only suitable for people in the previous generation who are not exposed to modern technology. Now in modern society, Bitcoin is the top choice for young investors, people who work make money on the computer and bitcoin is at its peak, investing in bitcoin will certainly bring in the best profit. Bitcoin is an ideal choice for long or short term investment, so between Bitcoin and gold, I would choose Bitcoin, I do not find any reason to not choose it
Yes my friend also said like you, he said if gold is an old investment. It is true, in the modern era, bitcoin is a new and best investment. For long-term or short-term bitcoin investments it is an ideal choice because of the fluctuating bitcoin prices and rising prices will be able to make a profit. But there are still many people asking whether bitcoin is worth investing for more than 5 years because it is so volatile that fear of sudden prices could fall, but I believe bitcoin will continue to grow and fluctuations tend to rise. This is proven when the price drops not long the price recovers and rises again.