Post
Topic
Board Economics
Re: BTC to GOLD
by
webtricks
on 12/12/2019, 18:18:47 UTC
I wouldn't trade any bitcoin for gold or silver right now, and probably wouldn't ever.  Whether the halving is going to produce another bull run or not, I have a feeling bitcoin is going to increase whereas gold is probably going to tread water indefinitely. 

Same here. I don't know why would someone trade Bitcoin for Gold, both of these don't even belong to same 'risk/return' class. If someone makes investment smartly or take advice from some broker or portfolio manager, he/she should know that a balance portfolio must include an adequate share of high-risk high return securities like Bitcoin, medium risk/return like equity market and gold and low risk/return securities like debt funds and bank deposits.

Taking money out of Bitcoin and putting that into Gold means you are either investing arbitrarily or you disrupting your well-settled portfolio. Bitcoin and Gold are not inter-changeable securities.

We can say that gold is a much safer investment with a fairly stable price, but also with less opportunity to earn when compared to Bitcoin.
Exactly, I couldn't have said it better myself.  If you don't want your investment to grow, buy gold.  If you want to make a profit given enough time, buy bitcoin.

I don't agree with your words. Gold is proven investment and has its own rate of market return and price arc. It is wrong to compare it with Bitcoin. Gold has grown around 60% in last 4 years. I have some gold bonds in my portfolio and they are among my best performing assets in last 3 years.