Quote from: Wakate on Today at 08:30:32 AM

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. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

To reason with you, then I think we have to ask ourselves these question. Since the existence of Gold as an asset, how many persons had it enriched? Probably the rich and those who could mine it, having an excess to it. Only the rich could buy gold, so what happened to the poor masses. Gold is limited since it existence with few number of persons having it in custody.

✓Now let's looks at Bitcoin, with the few supplies of Bitcoin so many investors had been enriched by just buying and holding.

✓Bitcoin had really create a chance for other development of coins expaanding the cryptocurrency market.

✓A lots of job opportunities had being created increasing the numbers of wealthy persons on this planet Earth. There are many reasons why I would choose Bitcoin over Gold.

Since bitcoin is not as popular as gold, in the eyes of the people particularly those who believe in traditional assets, gold overcome the value of bitcoin. But in our own eyes, bitcoin is definitely the topmost investment. So i don't have any doubts investing my capital into bitcoin because the returns is such incomparable. If only we can be more educated with the latest innovation technology, then we can simply conclude that bitcoin and gold are totally different.