Post
Topic
Board Bitcoin Discussion
Re: BTC vs GOLD
by
MinoRaiola
on 13/02/2021, 08:01:55 UTC
Gold is a safe and easy option. That's why general population would rather choose gold. Bitcoin has far more potential but way more risky.

Gold offers a kind of security for the simple and not risky people. He can touch it and it shines beautifully, is heavy. So you have the feeling of having something valuable.

Both are good for investment but i think cryptocurrency have some risk.Because,cryptocurrency up and down every second and gold price is stable every day.

The cryptocurrency market is more volatile because there aren't that many people who are invested there compared to the gold market.

Gold will eventually loose just because of abundence of it when space mining will be actualized. But it does not mean that BTC is better option, thought for next 10 years, better bet on BTC.

The acceptance for cryptocurrency and Bitcoin will increase, or it will hopefully increase even more this year. Compared to gold, you don't have to have that much space for Bitcoin to own a large sum. You don't have to store the gold and you don't have to spend a lot of time sending your coins globally.