Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?
Now, holding gold is very safe I should say, you know that you will never lose your investment no matter how long you keep them, on the other hand, bitcoin cant give you that kind of assurance, but it can make tou a really big amount of profit in time, but the risk is very high and it may lose its high in a blink of an eye.
- I agree with you that holding gold is very safe and I can say that you will be getting long term profit with gold, however, profitability can be said to be very low because price of gold have been stabilized by governments around the world, it will not have too much fluctuation.
- Bitcoin has many other points with gold, the government can not control and manage the price of bitcoin, that makes Bitcoin have more volatile and gives us a very big source of profits, although it has huge risks, but if we've determined investing, risk is unavoidable and we need to take risks. Current, holding Bitcoin is better than gold, profits are huge, the purpose of investing is profit, there is no reason for us not to choose bitcoin