Re: Do you still have thoughts of picking Gold over Bitcoin, read this.

Quote from: CryptopreneurBrainboss on August 10, 2021, 11:35:23 PM

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

Quote from: One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative

As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles.

No matter what source you look at the outcome is always the same - Bitcoin getting their investors more return than any other type of rare metal or commodity (see table below) source here.

Table 1: Price Comparison: Bitcoin, Ethereum, Gold, US Equities, Long-dated US Treasuries, US Dollar (% Change)

The fact that people who say that BTC is not a profitable long-term investment are those who clearly don't know much about investing to begin with as any

numerically inclined person would look at the data and see that crypto is providing opportunities beyond traditional markets. Yes, the risk is equally measured but

you can at least invest based on your risk level.