Post
Topic
Board Economics
Re: BTC to GOLD
by
jostorres
on 13/12/2019, 07:25:52 UTC
As the poll question states, in your opinion, is it a good idea to buy (stack) gold?
Gold is a good investment, based on what I have heard but I have not invested in it before. Bitcoin (BTC) is my first investment and that's mainly what I have been investing in with a few altcoins. If you're talking about saving your value for a long time with gold, well, there's nothing wrong with that because it is a stable investment and unlike Bitcoin it does not fluctuate a lot. But I like Bitcoin and right now I have no plans of investing in any other stock or assets.

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.
Even I am aware of that "safer" feature of gold, I like to invest with bitcoin alone because it's an asset that you can store on your device and other apps (mobile wallets) that you can use to access it easily, like Blockchain, Xapo and the rest of them. Gold is not like that, I have researched if there is any mobile that lets users invest in gold and hold it, but there is none. There used to be BitGold, but now they are no more.