Post
Topic
Board Altcoin Discussion
Re: BTC or Gold Investment?
by
Novita
on 20/09/2022, 02:54:52 UTC
Gold was not even an investment and that's only store of value. I meant if you must also aware about that. The gold will help you to store your money but without ability to increase like investment. People understood in wrong way if the gold can be considered as investment. Basically, the price of gold remain stable but the inflation was making it looks like going up but another financial instrument that can be called as the real investment has given better performance compared with the gold.
BTC is farrr better with potentially to increase even higher and crossing its previous ATH. From here you need to understand what gold is.
For me gold doesn't seem to be a good choice caused by it's also lack of utility as well.

Simple I think that Gold is a long-term investment, meaning we save our funds or buy Gold when the price is low and we will sell it when the price of Gold rises, the same as we invest in Bitcoin, indeed Gold price movements are stable, Only inflation makes it seem as if it will go up like you said bro