Quote from: capedbaldy on June 05, 2023, 11:38:34 PM

Quote from: Wend on June 05, 2023, 10:43:02 PM

Investing in bitcoin is a risky investment because of its extreme volatility. If someone is not willing to take risks to get big rewards, it is possible to invest in gold, it is very safe and can help us avoid inflation because of its stability. I think we should stay away from fiat, and not save all our money in fiat because the value will be lost very quickly and terribly. I also prefer bitcoin to gold because of its benefits, but always be diverse because nothing is certain about the future of bitcoin.

We have a high probability of investing in bitcoin during the current bear market conditions, I hope the target price of 20k-22k will come soon to increase my portfolio assets, so investing is not a bad choice in terms of volatility if you are patient to buy BTC at low prices and you can share some funds for gold investment due to passive profits in the annual term.

Do an analysis to buy bitcoin using the DCA strategy because the price of bitcoin is unpredictable, so make sure you always save the investment funds to buy bitcoin gradually and focus on buying at low prices.

Investing in bitcoin for the long term can indeed be expected to bring quite a lot of profit. But in the short term it is not good enough because high volatility can make someone who is not familiar with the crypto market mentally depressed. because investing in bitcoin does require patience and the way to accumulate it is indeed better by not being in a hurry and using the DCA method which is the most recommended.

But talking about saving or saving our assets so that their value is maintained, saving in gold is the right choice. and especially if it is for the long term. Because gold is an asset that is resistant to inflation.