Post
Topic
Board Economics
Re: Holdings of gold vs Holdings of btc
by
deppil
on 15/09/2017, 16:14:16 UTC
well for me it is so better to have more bitcoins that gold, bitcoin is increasing its own price rapidly while the gold can't just increase its price because of the government that manipulate it, so better to have bitcoins than gold, hold bitcoin.
I agree with you gold is the one thing that price if even it will go high it wont go high as much as bitcoin you can check all the stats of gold and al the stats of bitcoin from the last 5 years to confirm what i am saying.
There is no need to check statistics; we all know that it is the fact of this decade that bitcoins have successful surpassed gold in being the most expensive asset of the world. Bitcoins are far better for long term investments now than gold. Gold investors are frequently switching to bitcoins.
bitcoin has a good record since the first launching to date, you can see bitcoin prices have a significant increase in the past 8 years, that means bitcoin is a profitable investment for the long term but for the short term it would be quite risky to see bitcoin prices are very volatile, in contrast to gold which has a slow price change so for short-term gold is safer for investment