Post
Topic
Board Altcoin Discussion
Re: BTC or Gold Investment?
by
goldkingcoiner
on 16/09/2022, 21:08:19 UTC
To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

In terms of ROI you will definitely find Bitcoin to be the winner due to a higher price volatility. But if you are not good with managing your investments, you will find that ROI heading down into the ground faster than you can say cryptoprofits.

Gold is a sure thing currently only due to the fact that is has many uses and very little substitutes. Also it being a limited resource also helps in the ROI equation. Quite a lot too.

But you would need years to see a return from gold investments to even compare to Bitcoin returns. If you are the patient, risk-free type of person then gold might suit you better. However Bitcoin has proven itself time and time again since 2009. If 13 years worth of proof of concept is good enough for you, then Bitcoin could be a good choice as an investment. Just do not sell on emotion. Thats really the most important part.