Quote from: The Pharmacist on Today at 12:12:02 PM

Quote from: Dr.Ona on April 04, 2021, 05:57:37 PM

Seems like Gold may be taken out by Bitcoin in a few short years.

Gold has already been taken out by bitcoin, though it's been a gradual process--and I'm talking about the increase in value over time for the past 10 years or so (since bitcoin was introduced). Gold had an amazing run-up to the top in 2011, but ever since then it's been kind of stale. And if you compare gold to bitcoin, it's way more than stale.

Indeed, comparing the two is a tedious thing. It only talks about options and how dare you take risks. Because the most basic and never changing fact is high risk high return. Gold is a good type of investment to secure assets with low risk of loss but the resulting returns are not as far as BTC and other cryptos. If you dare to invest your money in crypto yesterday as much as 100 $, now your money can be 172 $ in just 24 hours. Where is the rate of return that is up to 72% within 24 hours? nothing but crypto. But don't be surprised if your choice is wrong then your money can run out overnight. these two assets are not to be compared but to have as your portfolio.