Post
Topic
Board Economics
Re: Bitcoin Is Better Than Digital Gold
by
Sarah Azhari
on 13/11/2023, 04:03:31 UTC
Every thing has two sides pros and cons we have to balance both. Bitcoin Is Better Than Digital Gold or not it is totally depends upon your needs and patience. Bitcoin is a more volatile investment that may provide quick returns. Bitcoin is one of the strongest cryptocurrency and for that matter, it has helped so many people to get financial stability in
in their hard time meanwhile gold is stable with limited growth. In my opinion Understanding each investment's you need to decide by yourself because except you no one can understand your needs.
I just heard that many times if gold is not a kind of investment, but as a store of value your wealth. As we know, the price of gold is never rises as is happening today, but because decrease in fiat value. While bitcoin, the value is always increase when we have compare it with fiat and gold. Since this year, the bitcoin price increase about 120%, while gold only rise about 10% from November 2022. With this situation, we know what the best for investment right?, yes, bitcoin is still good for investment, even was dump about 50% from ATH, but when we bought it on october 2022 of course we created profit 120%+ than we invested our money on gold.