Hi Everyone!
I think it's time we had a serious discussion on whether or not Bitcoin is a better store of value than Gold. This topic has caused a lot of controversy over the last few years, so I would love to hear your thoughts.
Which asset do you think is a better store of value?
I wrote up some of my thoughts on whether
Bitcoin or Gold is a better store of value.
However, I'm certainly open to changing my mind!
Looking forward to the conversation.
Bitcoin and Gold are different investments,
1. Bitcoin
Investing in Bitcoin has a big risk and of course the profit provided is also very big, but Bitcoin price movements are very fast (up and down), so we must see the right opportunity to sell Bitcoin and buy Bitcoin, so that we can get profit from investing in Bitcoin.
2. Gold
investing in gold does have a small risk, but the profit you get is also very small and takes a long time, because the price of gold always increases but very slowly, so if you invest in gold then you must be prepared to hold for a long time.
therefore you are ready to invest in which risk, if you are ready for a big risk, then Bitcoin is the right choice rather than Gold, because you can get a big profit from investing in Gold, but if you want a small risk, then Gold is the right choice for you to make an investment, even though the profit you get will definitely be smaller than you investing in Bitcoin.