Post
Topic
Board Speculation
Re: Who is Faster to dwindle at the price in the long run BITCOIN OR GOLD
by
nightwishx
on 08/05/2021, 13:25:32 UTC
Asking what to invest in if it is Bitcoin or Gold is like asking what kind of investor are you and what is your risk appetite because they are definitely not the same where Gold is stable and Bitcoin is volatile so it is really up to you. Gold is one of those precious metals that not only is seen in jewelries but also is used in our gadgets and equipments that is why it has high demand on a lot of industries while Bitcoin on the other hand has proven to be good in terms of price appreciation and how it can outperform other asset types in a matter of days. So if you are willing to take a risk with your money you can go ahead with Bitcoin but if not there is other options out there that can still grow big like some of the stocks in the stock market.
If the OP asks who is faster, surely Bitcoin is faster to make a profit because the market is very volatile. but on the other hand gold is almost irreplaceable as one of the best investments at a fairly stable price. gold has also long been a parameter to measure wealth or the amount of assets a person has