Quote from: freedomgo on August 23, 2021, 08:48:22 PM

Quote from: Wawa2013 on August 23, 2021, 07:58:41 PM

Quote from: Chathusand on August 23, 2021, 07:24:03 PM

We all have different hopes for bitcoin in the future, and some of them may or may not come true. In terms of personal choice, we can't force people to favor bitcoin over gold because they all have their own reasons. It shouldn't even be a competition; the value of bitcoin and gold are both quite high, and both might be excellent storage options for your money.

Investing in Bitcoin can provide huge profits, as well as Gold. But it is not wise to compare the two, because Bitcoin was not created to compete
with Gold. After all, we can't force everyone to like Bitcoin. Everyone does have their own freedom to choose what they think is comfortable to use.
I agree both Bitcoin and Gold are both quite high value and very good for long term investment.

Investing does not always come with profit, especially in the crypto market where the risk is high and the price volatility could probably result to panic of the investors. Comparing bitcoin to gold, I think it's too early to say that bitcoin is better because gold is very stable and it will always be the option of the big investors to secure their wealth. Moreover, bitcoin could only be use as a tool to trade and one could choose not to hold it but just to use it for trading purposes only.

Not everyone succeeds in getting a profit when investing, therefore it is very necessary knowledge and expertise to analyze the market to be able
to generate profits from investments. So make sure we have made preparations before deciding to invest, so as to minimize the risk of
experiencing losses when investing. And never invest in an unknown asset, so learn everything about that asset before investing.

Gold has been known for a long time as the safest asset for investment. and Gold has been recognized by many people can provide profits in
the long term. Bitcoin is still relatively new in the investment world, because Bitcoin has only been on the market for about 12 years, it is too early
to say Bitcoin is better than Gold, which Gold has been trusted as a profitable investment thousands of years ago. Therefore it is not surprising that
there are still many rich people who prefer Gold over Bitcoin.