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?
Just like what you've said, Bitcoin yields a gain of 332% for a year or even a month, and the profitability of investing in BTC is really high but also considered a risky investment. In comparison, gold is really a good investment especially for long-term goals but the percentage of return is nothing compared to BTC. With that being said, I prefer BTC over gold simply because of high potential gains in the future.