⭐ Merited by pooya87 (2)
Question
The price of gold fell 10.5% since the beginning of the year, but the price of Bitcoin gained 332%. Bitcoin, in the same decade, has returned 146% annually, compared to gold's 0% per year. Is it really necessary for us to still debate which of the two is superior?
Here are my thoughts
A valuable store of value and medium of exchange, gold has been around for five thousand years.
Despite Bitcoin's success, do not let your enthusiasm for it turn into arrogance or (worse still) stupidity. In addition to bitcoins, the world values many other assets, including gold and oil.
How do you feel about this?
The price of gold fell 10.5% since the beginning of the year, but the price of Bitcoin gained 332%. Bitcoin, in the same decade, has returned 146% annually, compared to gold's 0% per year. Is it really necessary for us to still debate which of the two is superior?
Here are my thoughts
A valuable store of value and medium of exchange, gold has been around for five thousand years.
Despite Bitcoin's success, do not let your enthusiasm for it turn into arrogance or (worse still) stupidity. In addition to bitcoins, the world values many other assets, including gold and oil.
How do you feel about this?
You are right about Gold being around for thousands of years and have been at the forefront of investment for most investors until the emergence of Bitcoin and has taken over that sport.
Bitcoin V Gold back in 2010
Same 2021
You will see the difference in profits between the two entities if you have invested in Both with the same amount over the same years
Source Bitcoin vs. Gold]=https://www.longtermtrends.net/bitcoin-vs-gold/]Source Bitcoin vs. Gold
See the percentage difference increase between the two over the years and realize this might just be the case forever and think whether you are making the right choice investing in whatever you are investing on. I know I will keep 70% of my investment too in Bitcoin.